The Middle East and Africa Cold Chain Market was worth USD 18.78 billion in 2016 and expected to be growing at a CAGR of 7.12%, to reach USD 24.69 billion by 2021.
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A temperature controlled supply chain is labelled as a Cold Chain. Cold Chains are used to augment and maintain the shelf life of fresh agricultural products, frozen foods, seafood, dairy and bakery and confectionary products.
A constant series of cooled production, storage and supply activities, along with the supplementary equipment and logistics, which maintain the requisite low-temperature choice is termed as an Unbroken Cold Chain. Cold Chain goods and products are perishable and are always on-the-way towards end-users or to further distribution channels and are hence stated as Cargo.
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Rapid growth of intercontinental trade in perishable foods, technological progress in refrigerated transport and storage and the increasing infrastructure development support by the government are the major driving factors for the growth of the Middle-East and Africa Cold Chain Market. Accompanying costs of temperature management equipment is the major constraint faced by the market.
The Middle East and Africa Cold Chain market is segmented by Type, Temperature Type, Technology, Application and Geography. By the Cold Chain Type, the market is classified into Refrigerated Storage and Transport.
By Temperature Type, the market is separated into Chilled and Frozen. By the type of Technology, the market is segmented into Air-blown and Eutectic.
Lastly, by Application the Cold Chain market is categorised into Fruits and Vegetables, Dairy, Bakery and Confectionary, Meat, and Seafood.
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The Middle East and Africa Cold Chain Market is geographically segmented into Middle East and Africa. The high necessity for meat trades from the nations in the Middle East such as Saudi Arabia, Turkey, and Qatar is the major driver for growth of this market during the predicted period.
The significant players in the Middle-East and Africa Cold Chain Market are Americold Logistics (U.S.), Preferred Freezer Services (U.S.), Burris Logistics (U.S.), Lineage Logistics Holding LLC (U.S.), and Nichirei Logistics Group Inc. (Japan).
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