According to the latest report by IMARC Group, titled “Indian Cold Chain Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026”, the Indian cold chain market reached a value of INR 1425.49 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 14.6% during 2021-2026. A cold chain involves the storage of products that have to be maintained at a given temperature. It involves refrigerated production, storage, and distribution activities. It includes equipment that ensures preservation and extension of the shelf life of various temperature-sensitive products that require specific temperature ranges to be stored and transported.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The market in India is primarily driven by the significant growth of the retail and e-commerce industry. This, in confluence with the growing demand for processed food products, is positively influencing the market growth. Furthermore, the growing production of marine, meat, and poultry products has increased the demand for cold chain logistics as most of these products are perishable and temperature sensitive. Moreover, considerable growth in the biopharmaceutical and clinical trials market has resulted in a strong demand for efficient cold chain facilities in the Indian market. Additionally, an increase in investment by the private companies is anticipated to contribute to the market growth further.
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Key Market Segmentation:
Breakup by Segment:
Cold Chain Storage
Cold Chain Transportation
Breakup by Product:
Fruits and Vegetables
Meat and Fish
Breakup by Sector:
Breakup by Organised and Unorganised:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Breakup by States:
Key highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current, and Future Market Trends
Market Drivers and Success Factors
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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