Refrigerated Transport Market by Product Type (Chilled and Frozen), Mode (Road, Sea, Rail, and Air), Vehicle Type (LCV, MHCV, and HCV), Technology (Vapor Compression Systems and Cryogenic Systems), and Region - Global forecast to 2022
The refrigerated transport market is estimated at 2.87 Billion Tons in 2016 and projected to reach 3.25 Billion Tons by 2022, growing at a CAGR of 2.49% from 2017 to 2022. The market is driven owing to factors such as high fuel costs, climatic changes influencing transport infrastructure, lack of transport infrastructure support in developing economies, and skilled resources in developed economies. The refrigerated road transport market is projected to grow at a CAGR of 5.67%, in terms of value, from 2017 to reach a projected value of USD 17.82 Billion by 2022.
The objectives of the study are as follows:
The years considered for the study are as follows:
The research methodology used to estimate and forecast the refrigerator transport market begins with capturing data on key players, their revenues through secondary sources such as International Frozen Food Association, American Frozen Food Institute, British Frozen Food Federation, USDA, and Global Cold Chain Alliance. The overall market size was arrived after validating with primary interviews and secondary research which includes, publications and statistics. Both “top-down” and “bottom-up” approaches were used to estimate and validate the total size of the market. These approaches were also used extensively to estimate the market size of various dependent submarkets in the overall refrigerated transport market, which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
The report studies about the interlinked supply chain operations between the upstream and downstream players. Nestlé (Switzerland), Tyson Foods, Inc. (US), The Kraft Heinz Company (US), General Mills Inc. (US), Smithfield Foods. (US), Kellogg Co. (US), Conagra Brands, Inc. (US), Kerry Group (Ireland), Del Monte Pacific Ltd (DMPL) (US) and ARYZTA AG (Switzerland) are the key players in the health ingredients market. The report also covers the DIVE Vendor Comparison analysis which is based on the product offerings and business strategy adopted by the key players in the refrigerated transport market.
Target Audience
The report is targeted toward the existing players in the industry, which include:
“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”
Scope of the Report
On the basis of Product Type, the refrigerated transport market has been segmented into:
On the basis of Mode of Transportation, the refrigerated transport market has been segmented into:
On the basis of Technology, the refrigerated transport market has been segmented into:
On the basis of Region, the health market has been segmented into:
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the client-specific needs.
The following customization options are available for the report:
Product Analysis
Regional Analysis
Company Information
