Market Overview:
The global chilled products transport market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for chilled food products across the globe. Chilled food products are considered as a healthier option as they are less processed and contain natural flavors. In addition, the growing trend of eating out is also propelling the demand for chilled food products. The vapor compression systems segment is expected to account for a major share of the global chilled products transport market during the forecast period owing to its low cost and easy installation.
Product Definition:
Chilled products transport is the transportation of perishable food items that require a temperature below 5 degrees Celsius to prevent spoilage. The importance of chilled products transport is that it ensures that food items are kept at a safe temperature during transit, which reduces the risk of foodborne illness.
Vapor Compression Systems:
Vapor compression systems are used to reduce the temperature of a product or a group of products and transport them at a specific temperature range. The vapor compression system is made up of components such as an evaporator, compressor, condenser, and others which work in synchronization to achieve the desired result.
The vapor compression systems market has been witnessing significant growth over the past few years owing to its increasing application in pharmaceuticals & biotechnology industry for cooling processes during transportation and storage.
Cryogenic Systems:
Cryogenic systems are used to transport products from manufacturer to the end-user in a frozen state. It is an important part of the supply chain for several industries such as healthcare, food and beverage, chemicals, petroleum and mining. Cryogenic transportation is mainly done with the help of aircraft or ships which keep products at extremely low temperatures ranging between -80°C to -150°C.
Application Insights:
The beverages segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to rising demand for chilled products from various end-use industries including food processing, hospitality, healthcare and pharmaceuticals. Beverages such as juices, cocktails, dairy products and frozen drinks require a large amount of chilled product transport systems owing to their high temperature requirements during production as well as after production.
Meat & aquatic products are anticipated to witness significant growth over the forecast period on account of increasing consumption of these types of food items across several regions including Asia Pacific and Middle East & Africa. Meat requires a certain temperature range while being cooked which depends upon its quality (processed or raw) and type (lamb or beef). In order to maintain required temperatures in meat chillers during transportation as well as storage facilities; fresh fruits & vegetables often opt for cryogenic transport solutions thereby driving market growth across several geographies.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for food products that require chilled transportation from various countries, such as China, India, Japan and Australia. Moreover, increasing meat consumption in this region is anticipated to drive the regional market further.
The European regional market held a significant share in terms of revenue owing to high penetration rates of cryogenic systems across numerous industries including metal processing/chemicals/petrochemical; oil & gas; power generation; others. Furthermore, growing trend toward adopting eco-friendly technologies for transportation purposes is likely to support industry growth over the coming years.
North America also generated considerable revenue due to rise in demand for fresh fruits & vegetables and seafood products along with high adoption rate of vapor compression systems across numerous industries including food processing plants; supermarkets etc.
Growth Factors:
- Increasing demand for chilled food products from the restaurant and hotel industry.
- Rising disposable income of consumers, which is encouraging them to spend more on premium food items.
- Proliferation of supermarkets and hypermarkets, which are offering a wider variety of chilled food products at competitive prices.
- Growing popularity of home-meal replacements (HMRs) among busy urbanites looking for convenience and healthy eating options.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chilled Products Transport Market Research Report
By Type
Vapor Compression Systems, Cryogenic Systems
By Application
Fresh Fruits & Vegetables, Meat & Aquatic Products, Beverages, Others
By Companies
J.B. Hunt Transport, FedEx, C.H. Robinson Worldwide, Maersk, Americold, Toll Group, Samskip, Saddle Creek Logistics Services, SRT, Bay & Bay, TRC, SWIFT, Pride Transport, Witte Bros, Greene Transport, GRT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Chilled Products Transport Market Report Segments:
The global Chilled Products Transport market is segmented on the basis of:
Types
Vapor Compression Systems, Cryogenic Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fresh Fruits & Vegetables, Meat & Aquatic Products, Beverages, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- J.B. Hunt Transport
- FedEx
- C.H. Robinson Worldwide
- Maersk
- Americold
- Toll Group
- Samskip
- Saddle Creek Logistics Services
- SRT
- Bay & Bay
- TRC
- SWIFT
- Pride Transport
- Witte Bros
- Greene Transport
- GRT
Highlights of The Chilled Products Transport Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vapor Compression Systems
- Cryogenic Systems
- By Application:
- Fresh Fruits & Vegetables
- Meat & Aquatic Products
- Beverages
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chilled Products Transport Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chilled Products Transport is a specialized transportation service that specializes in the safe and timely delivery of chilled products.
Some of the major companies in the chilled products transport market are J.B. Hunt Transport, FedEx, C.H. Robinson Worldwide, Maersk, Americold, Toll Group, Samskip, Saddle Creek Logistics Services, SRT, Bay & Bay, TRC, SWIFT, Pride Transport, Witte Bros, Greene Transport, GRT.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chilled Products Transport Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chilled Products Transport Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chilled Products Transport Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chilled Products Transport Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chilled Products Transport Market Size & Forecast, 2020-2028
4.5.1 Chilled Products Transport Market Size and Y-o-Y Growth
4.5.2 Chilled Products Transport Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vapor Compression Systems
5.2.2 Cryogenic Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fresh Fruits & Vegetables
6.2.2 Meat & Aquatic Products
6.2.3 Beverages
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chilled Products Transport Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chilled Products Transport Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vapor Compression Systems
9.6.2 Cryogenic Systems
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fresh Fruits & Vegetables
9.10.2 Meat & Aquatic Products
9.10.3 Beverages
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vapor Compression Systems
10.6.2 Cryogenic Systems
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fresh Fruits & Vegetables
10.10.2 Meat & Aquatic Products
10.10.3 Beverages
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vapor Compression Systems
11.6.2 Cryogenic Systems
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fresh Fruits & Vegetables
11.10.2 Meat & Aquatic Products
11.10.3 Beverages
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vapor Compression Systems
12.6.2 Cryogenic Systems
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fresh Fruits & Vegetables
12.10.2 Meat & Aquatic Products
12.10.3 Beverages
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vapor Compression Systems
13.6.2 Cryogenic Systems
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fresh Fruits & Vegetables
13.10.2 Meat & Aquatic Products
13.10.3 Beverages
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chilled Products Transport Market: Competitive Dashboard
14.2 Global Chilled Products Transport Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 J.B. Hunt Transport
14.3.2 FedEx
14.3.3 C.H. Robinson Worldwide
14.3.4 Maersk
14.3.5 Americold
14.3.6 Toll Group
14.3.7 Samskip
14.3.8 Saddle Creek Logistics Services
14.3.9 SRT
14.3.10 Bay & Bay
14.3.11 TRC
14.3.12 SWIFT
14.3.13 Pride Transport
14.3.14 Witte Bros
14.3.15 Greene Transport
14.3.16 GRT
