Indian Cold Chain Market Size, Share, Growth, Analysis, Overview, Outlook, Report And Forecast 2024-2032
22 Feb, 2024
According to the report by Expert Market Research (EMR), the Indian cold chain market is poised to witness significant growth in the coming years, with a projected CAGR of 14.3% between 2024 and 2032. This growth is primarily attributed to the rising demand for temperature-controlled storage and transportation solutions across various industries, including food and beverage, pharmaceuticals, and healthcare. The Indian cold chain industry plays a pivotal role in maintaining the quality and safety of perishable goods throughout the supply chain, thereby extending their shelf life and reducing wastage. With increasing investments in infrastructure development, technological advancements, and government initiatives to support the cold chain sector, the market is expected to experience robust expansion in the forecast period.
The Indian cold chain market encompasses a wide range of temperature-sensitive products, including fruits and vegetables, dairy products, meat and poultry, seafood, pharmaceuticals, and vaccines. The adoption of cold chain solutions is driven by the need to preserve the freshness and integrity of these products from farm to fork. Additionally, the growing awareness regarding food safety and hygiene standards among consumers is further propelling the demand for cold chain logistics services in the country.
One of the key drivers contributing to the growth of the Indian cold chain market is the increasing focus on reducing post-harvest losses in the agricultural sector. India faces significant challenges related to food wastage due to inadequate storage and transportation infrastructure. Cold chain facilities help mitigate these losses by maintaining optimal temperature and humidity levels to prevent spoilage and extend the shelf life of perishable goods. Moreover, government initiatives such as the Pradhan Mantri Kisan SAMPADA Yojana and the National Horticulture Mission are aimed at promoting cold chain infrastructure development to support farmers and enhance their income.
In addition to the agricultural sector, the pharmaceutical industry is emerging as a major end-user of cold chain services in India. The stringent regulations governing the storage and distribution of pharmaceutical products necessitate the use of temperature-controlled logistics solutions to maintain product efficacy and safety. With the growing demand for biologics, vaccines, and specialty drugs, there is a heightened need for cold chain infrastructure to ensure the integrity of these sensitive healthcare products.
The Indian cold chain market is also witnessing significant investments from both domestic and international players to expand their presence and enhance service offerings. These investments are focused on building state-of-the-art cold storage facilities, refrigerated transport fleets, and cold chain logistics networks to cater to the evolving needs of various industries. Furthermore, technological innovations such as IoT-enabled monitoring systems, real-time temperature tracking, and cold chain management software are enhancing the efficiency and reliability of cold chain operations in India.
The Indian cold chain market can be segmented based on the type of cold chain infrastructure, temperature range, application, and end-user industry.
Market Breakup by Type of Cold Chain Infrastructure
Cold Storage
Refrigerated Transport
Market Breakup by Temperature Range
Chilled
Frozen
Market Breakup by Application
Food and Beverages
Pharmaceuticals
Healthcare
Others
Market Breakup by End-User Industry
Agriculture
Food Processing
Retail
Pharmaceuticals
Others
Competitive Landscape
The EMR report provides insights into the competitive landscape of the Indian cold chain market, including market shares, strategic initiatives, and key developments undertaken by leading players.
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.
Media Contact
Company Name: Claight Corporation Contact Person: Ian Bell, Business Consultant Email: sales@expertmarketresearch.com Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790 Address: 30 North Gould Street, Sheridan, WY 82801, USA Website: www.expertmarketresearch.com
According to the report by Expert Market Research (EMR), the Indian cold chain market is poised to witness significant growth in the coming years, with a projected CAGR of 14.3% between 2024 and 2032. This growth is primarily attributed to the rising demand for temperature-controlled storage and transportation solutions across various industries, including food and beverage, pharmaceuticals, and healthcare. The Indian cold chain industry plays a pivotal role in maintaining the quality and safety of perishable goods throughout the supply chain, thereby extending their shelf life and reducing wastage. With increasing investments in infrastructure development, technological advancements, and government initiatives to support the cold chain sector, the market is expected to experience robust expansion in the forecast period.
The Indian cold chain market encompasses a wide range of temperature-sensitive products, including fruits and vegetables, dairy products, meat and poultry, seafood, pharmaceuticals, and vaccines. The adoption of cold chain solutions is driven by the need to preserve the freshness and integrity of these products from farm to fork. Additionally, the growing awareness regarding food safety and hygiene standards among consumers is further propelling the demand for cold chain logistics services in the country.
One of the key drivers contributing to the growth of the Indian cold chain market is the increasing focus on reducing post-harvest losses in the agricultural sector. India faces significant challenges related to food wastage due to inadequate storage and transportation infrastructure. Cold chain facilities help mitigate these losses by maintaining optimal temperature and humidity levels to prevent spoilage and extend the shelf life of perishable goods. Moreover, government initiatives such as the Pradhan Mantri Kisan SAMPADA Yojana and the National Horticulture Mission are aimed at promoting cold chain infrastructure development to support farmers and enhance their income.
In addition to the agricultural sector, the pharmaceutical industry is emerging as a major end-user of cold chain services in India. The stringent regulations governing the storage and distribution of pharmaceutical products necessitate the use of temperature-controlled logistics solutions to maintain product efficacy and safety. With the growing demand for biologics, vaccines, and specialty drugs, there is a heightened need for cold chain infrastructure to ensure the integrity of these sensitive healthcare products.
The Indian cold chain market is also witnessing significant investments from both domestic and international players to expand their presence and enhance service offerings. These investments are focused on building state-of-the-art cold storage facilities, refrigerated transport fleets, and cold chain logistics networks to cater to the evolving needs of various industries. Furthermore, technological innovations such as IoT-enabled monitoring systems, real-time temperature tracking, and cold chain management software are enhancing the efficiency and reliability of cold chain operations in India.
The Indian cold chain market can be segmented based on the type of cold chain infrastructure, temperature range, application, and end-user industry.
Market Breakup by Type of Cold Chain Infrastructure
Cold Storage
Refrigerated Transport
Market Breakup by Temperature Range
Chilled
Frozen
Market Breakup by Application
Food and Beverages
Pharmaceuticals
Healthcare
Others
Market Breakup by End-User Industry
Agriculture
Food Processing
Retail
Pharmaceuticals
Others
Competitive Landscape
The EMR report provides insights into the competitive landscape of the Indian cold chain market, including market shares, strategic initiatives, and key developments undertaken by leading players.
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.
Media Contact
Company Name: Claight Corporation Contact Person: Ian Bell, Business Consultant Email: sales@expertmarketresearch.com Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790 Address: 30 North Gould Street, Sheridan, WY 82801, USA Website: www.expertmarketresearch.com
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