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Refrigerated Transport Market Size, Share Global Analysis Report, 2020–2026
Refrigerated Transport Market By Mode of Transportation (Road, Sea, Rail, and Air), By Temperature (Single Temperature and Multi-Temperature), By Technology (Vapor Compression Systems, Air-Blown Evaporators, and Eutectic Devices), By Application (Chilled Food Products and Frozen Food Products), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Refrigerated Transport industry. The report analyzes and declares the historical and current trends analysis of the Refrigerated Transport industry and subsequently recommends the projected trends anticipated to be observed in the Refrigerated Transport market during the upcoming years.
The Refrigerated Transport market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Refrigerated Transport market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Million Ton) and value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Refrigerated Transport industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Refrigerated Transport industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Refrigerated Transport market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Refrigerated Transport industry. The Refrigerated Transport market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Refrigerated Transport sector. Key strategic developments in the Refrigerated Transport market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Refrigerated Transport market are appropriately highlighted in the report.
Refrigerated transport is a mode of transportation of putrescible food products including pharmaceuticals, fresh fruits & vegetables, fish, meat, bakery & confectionery, and dairy products by storing them at extremely low temperatures. The active temperature-controlled insulated container systems and passive temperature-controlled insulated container systems are the two types of refrigerated transport systems. The right temperature control will help preserve product quality even in tough environments. Thus, consumers from across the globe will have access to fruits and vegetables during the entire year despite being seasonal.
The surge in the trade of perishable food products on a global level and the ease in the cross-border transportation of perishable goods owing to low tariffs are the major growth factors anticipated to propel the Refrigerated Transport market growth. In addition to this, the technological advancements in refrigerated systems, especially refrigerated transport service providers introduced technological solutions for lower the impact on the environment are estimated to increase the operation of refrigerated transport. The integration of multi-temperature systems is predicted to offer newer opportunities to the refrigerated transport service providers and frozen & chilled food product producers. However, the high maintenance cost of the products while transporting, fluctuating fuel costs and lack of infrastructure in developing countries could possibly have a negative impact on the global Refrigerated Transport market growth.
The Refrigerated Transport market research report delivers an acute valuation and taxonomy of the Refrigerated Transport industry by practically splitting the market on the basis of different Mode of Transportation, Technology, Temperature, Application, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Refrigerated Transport industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Refrigerated Transport industry is provided for the leading economies of the world.
The Refrigerated Transport market is segmented based on Mode of Transportation, Technology, Temperature, and Application. On the basis of mode of transportation, the global Refrigerated Transport market is segregated into Road, Sea, Rail, and Air. Based on temperature, the Refrigerated Transport market is categorized into Single Temperature and Multi-Temperature. By technology, the market is divided into Vapor Compression Systems, Air-Blown Evaporators, and Eutectic Devices. In terms of application, the Refrigerated Transport market is sectored into Chilled Food Products and Frozen Food Products.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 15.7 Billion |
Projected Market Size in 2026 |
USD 22.8 Billion |
Growth Rate |
CAGR 6% |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Conagra Foods, Nestle, General Mills, Samworth Brothers Limited, Kraft Heinz Company, Kerry Group, Associated British Foods, Mccain Foods Limited, Unilever, and Iceland Foods Ltd. |
Key Segment |
By Mode of Transportation, By Technology, By Application, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the essential players operating in the Refrigerated Transport market, but not restricted to include
- Conagra Foods
- Nestle
- General Mills
- Samworth Brothers Limited
- Kraft Heinz Company
- Kerry Group
- Associated British Foods
- Mccain Foods Limited
- Unilever
- Iceland Foods Ltd.
The taxonomy of the Refrigerated Transport Market by its scope and segmentation is as follows:
Global Refrigerated Transport Market: Mode of Transportation Segmentation Analysis
- Road
- Light Commercial Vehicle (LCV)
- Medium and Heavy Commercial Vehicle (MHCV)
- Heavy Commercial Vehicle (HCV)
- Air
- Rail Sea
Global Refrigerated Transport Market: Technology Segmentation Analysis
- Vapor Compression Systems
- Air-Blown Evaporators
- Eutectic Devices
Global Refrigerated Transport Market: Temperature Segmentation Analysis
- Single-Temperature
- Multi-Temperature
Global Refrigerated Transport Market: Application Segmentation Analysis
- Chilled Food Products
- Frozen Food Products
Global Refrigerated Transport Market: Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Conagra Foods
- Nestle
- General Mills
- Samworth Brothers Limited
- Kraft Heinz Company
- Kerry Group
- Associated British Foods
- Mccain Foods Limited
- Unilever
- Iceland Foods Ltd.
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