North American Cold
Chain Market size is
anticipated to reach USD 118.51 billion by 2025, according to a new report
by Grand View Research, Inc. Advancements in packaging methods that are used
for crops have become essential, owing to the expansion of trade over the past
years. As per the Food and Agriculture Organization of the United Nations, over
20% to 40% of the total production of fruits and vegetables is accountable for
post-harvest losses. Materials used for packaging play a significant role in
enhancing shelf life.
Cold chain providers are implementing IT solutions that
adhere to the IT security guidelines laid by international organizations, such
as National Institute of Standards & Technology, and other regulations
framed by government organizations such as the U.S. Food and Drug
Administration, WHO, and EU regulations for food and drug safety. Foreign
direct investment in the cold chain market are anticipated to help the service
providers in importing advanced technologies, improving management techniques,
and accessing international markets.
The U.S. cold chain systems are well-developed, owing to the
growing investments, and offer high-quality of products to the consumers. The
U.S. Department of Agriculture (USDA) and Food and Drug Administration (FDA)
have set various requirements and standards to ensure safety & integrity of
food products for meeting the demands of consumers, various businesses, and
regulators.
Advancements in transportation technologies have led to
considerable changes in transport modes. For instance, flowers are now
transported to the U.S. via ocean, rather than relying on expensive air
transportation. Increasing government investments in intelligent transportation
systems and implementation of regulations in telematics (to enable smart
traffic management) are anticipated to spur the telematics application in fleet
management.
Access Full Research Report on North America Cold Chain
Market: http://www.grandviewresearch.com/industry-analysis/north-america-cold-chain-market
Further key findings from the report suggest:
- The
growing investment for developing the cold chain market are anticipated to
drive the industry demand
- The
transportation segment is anticipated to have significant growth rate over
the forecast period with a CAGR of 8.3%
- Air
transportation is a heavily-relied mode of cold transportation and is used
for high-value items such as bioengineered drugs
- The
fruits & vegetable application segment is anticipated to have
considerable growth over the forecast period
- Americold
Logistics (U.S.) is the largest cold storage firm in the U.S. with a
capacity of 1.1 billion cubic feet
- The
key players in the market include Cloverleaf Cold Storage (U.S.), Wabash
National Corporation (U.S.), and AGRO Merchants Group (U.S.)
View More Related
Reports from same category by Grand View Research: http://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods
Grand View Research
has segmented the North America Cold Chain Market based on types, applications,
and regions:
Type Outlook (Revenue, USD Billion, 2014 - 2025)
- Storage
- Warehouse
- Refrigerated
container
- Transportation
- Road
- Sea
- Rail
- Air
- Monitoring
Components
Application Outlook (Revenue, USD Billion, 2014 - 2025)
- Fruits
and Vegetables
- Dairy
- Fish,
Meat, and Seafood
- Processed
Food
- Pharmaceuticals
Regional Outlook (Revenue, USD Billion, 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
View Press Release on North America Cold Chain Market By Grand View Research: http://www.grandviewresearch.com/press-release/north-america-cold-chain-market-analysis
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
