Refrigerated Food Transport Market
Global Refrigerated Food Transport Market Size, Share & Trends Analysis Report by Product Type (Frozen Food and Chilled Food), By Mode of Transportation (Road, Sea, Rail, and Air), and Forecast 2020-2026 Update Available - Forecast 2024-2030
The global refrigerated food transport market is predicted to grow at a significant CAGR during the forecast period. Food transport refrigeration is a vital link in the food chain in terms of preserving the temperature of perishable products as well as its influence on energy consumption and CO2 emissions. Road transport refrigeration systems are essential to function consistently in much harsher surroundings than stationary refrigeration systems.
The principle of the refrigerated preservation of foods is to reduce and maintain the temperature of the food in order to control, reduce, or stop the rate of deterioration of food. The food deterioration might occur due to physical and biochemical changes, due to microbiological parameters and also due to physiological such as ripening, senescence, and respiration. The effective refrigeration process reduces the effect of these changes; preserve the food with a long shelf-life and quality. The objective of cold chain management is to achieve the desired shelf life of a fresh product without the commonly perceived quality deterioration resulting from ice crystal formation. Thus, owing to such benefits offered by the refrigeration, the market is estimated to grow significantly during the forecast period.
Segmental Outlook
The refrigerated food transport market is segmented on the basis of product type and mode of transportation. Based on the product type, the market is bifurcated into frozen food and chilled food. Based on the mode of transportation, the market is segmented into road, sea, rail, and air. Refrigerated food transport by road is estimated to contribute a prominent share to the overall market.
Global Refrigerated Food Transport Market by Product Type, 2019 (%)
Frozen Food Segment to Hold Significant Market Share
Amongst the product type of the market, the frozen food segment is likely to hold a significant share in the market. The segmental growth of the market is attributed to the increased demand for frozen foods across several restaurants, hotels, and other eateries. The frozen food manufacturers also offering frozen and canned food options that ensure longer shelf life. Fast-paced lifestyles have led to the shift of consumer preference for home delivery services, as it significantly saves time and the need for other resources. These factors are anticipated to create scope for the frozen food manufacturers as well as refrigerated transport during the forecast period.
Regional Outlook
The global refrigerated food transport market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America region is estimated to grow significantly during the forecast period owing to the increased demand for bakery and confectionery items along with the increased trends of on-the-go consumers across the region.
Global Refrigerated Food Transport Market by Region, 2019 (%)
Further, the Asia-Pacific region is also projected to register a significant growth rate owing to the increased investment by the government regarding the improvement of the transportation infrastructure along with certain projects for the development of railways, highways, and airport constructions. For instance, the Chinese ministry is primarily focusing on the enhancement of the construction of logistics hubs for transport and storage. Thus, all these factors together contribute to the growth of the market during the forecast period.
Market Players Outlook
Some of the prominent players operating in the global refrigerated food transport market include The Bernard Krone Holding GmbH & Co. KG, China International Marine Containers Co. Ltd., Daikin Industries Ltd., Hyundai Motor Co., Ingersoll-Rand Plc, Schmitz Cargobull AG, and others. These are the key companies adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the global refrigerated food transport market.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global refrigerated food transport market. Based on the availability of data, information related to products & services, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.• Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Refrigerated Food Transport Market by Product Type
5.1.1. Frozen Food
5.1.2. Chilled Food
5.2. Global Refrigerated Food Transport Market by Mode of Transportation
5.2.1. Road
5.2.2. Sea
5.2.3. Rail
5.2.4. Air
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. AmeriCold Logistics LLC
7.2. A.N. Deringer, Inc.
7.3. Carrier Transicold Inc.
7.4. CaseStack
7.5. C.H. Robinson Worldwide, Inc.
7.6. China International Marine Containers Co. Ltd.
7.7. CMA CGM S.A.
7.8. Daikin Industries Ltd.
7.9. Evans Distribution Systems, Inc.
7.10. Hyundai Motor Co.
7.11. Ingersoll-Rand Plc
7.12. Lamberet SAS
7.13. Maersk
7.14. Midwest Refrigerated Services, Inc.
7.15. MSC Mediterranean Shipping Co. S.A.
7.16. Schmitz Cargobull AG
7.17. Singamas Container Holdings Ltd.
7.18. Swift Transportation Co.
7.19. The Bernard Krone Holding GmbH & Co. KG
7.20. The Kraft Heinz Co.
7.21. Utility Trailer Manufacturing Co.
7.22. Wabash National Corp.
1. GLOBAL REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
2. GLOBAL FROZEN FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL CHILLED FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY MODE OF TRANSPORTATION, 2019-2026 ($ MILLION)
5. GLOBAL REFRIGERATED TRANSPORT VIA ROAD MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL REFRIGERATED TRANSPORT VIA SEA MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL REFRIGERATED TRANSPORT VIA RAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL REFRIGERATED TRANSPORT VIA AIR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
10. NORTH AMERICAN REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
11. NORTH AMERICAN REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
12. NORTH AMERICAN REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY MODE OF TRANSPORTATION, 2019-2026 ($ MILLION)
13. EUROPEAN REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. EUROPEAN REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
15. EUROPEAN REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY MODE OF TRANSPORTATION, 2019-2026 ($ MILLION)
16. ASIA-PACIFIC REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
17. ASIA-PACIFIC REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
18. ASIA-PACIFIC REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY MODE OF TRANSPORTATION, 2019-2026 ($ MILLION)
19. REST OF THE WORLD REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
20. REST OF THE WORLD REFRIGERATED FOOD TRANSPORT MARKET RESEARCH AND ANALYSIS BY MODE OF TRANSPORTATION, 2019-2026 ($ MILLION)
1. GLOBAL REFRIGERATED FOOD TRANSPORT MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
2. GLOBAL REFRIGERATED FOOD TRANSPORT MARKET SHARE BY MODE OF TRANSPORTATION, 2019 VS 2026 (%)
3. GLOBAL REFRIGERATED FOOD TRANSPORT MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
4. US REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
5. CANADA REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
6. UK REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
7. FRANCE REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
8. GERMANY REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
9. ITALY REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
10. SPAIN REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
11. ROE REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
12. INDIA REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
13. CHINA REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
14. JAPAN REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
15. REST OF ASIA-PACIFIC REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF THE WORLD REFRIGERATED FOOD TRANSPORT MARKET SIZE, 2019-2026 ($ MILLION)
