Cold Storage for Temperature–sensitive Products

Cold storage is constructed for bulk storage, production storage, and ports. Based on warehouse type, they can be categorized into private, semi-private, and public. The refrigerated storage has turned out to be an essential part of the Supply Chain Management (SCM) for storing and transporting the temperature-sensitive products since the users and suppliers of such products are forced to cut the environmental impact of cold chain shipping.

Ideal Storage for Pharmaceutical and Processed Foods

Refrigerated storage facility is used in various applications such as pharmaceuticals, dairy, fruits and vegetables, and fish, meat and seafood, and processed food. The processed food segment is likely to grow at CAGR of 16.1% during the forecast period (from 2017 to 2025).  The fish, meat, and seafood application segment is also expected to exhibit a significant expansion in the years to come. This growth can be attributed to the continuous developments in the packaging materials of seafood products.

Growing consumption of frozen foods across developing countries including China and India is expected to boost the segment growth in the coming years. Increasing expansion of organized retail chains like supermarkets is also bosting the demand such countries. The pharmaceutical segment is expected to witness substantial growth over the forecast period. The pharmaceutical supply chains are extremely at risks of product adulteration at the time of transportation and may face noncompliance with federal regulations.

Refrigerated warehouses are crucial for the preservation of food items like milk and other dairy products against spoilage. The refrigerated storage is constructed to provide ideal conditions by maintaining humidity, temperature, and purity of air. For instance, Americold Logistics LLC (U.S.) has launched a storage facility in Clearfield. It consists of advanced machineries that can avoid the need for a large engine room and on-site storage of ammonia. The new facility is intended to provide adjustable temperature zones down to -20F with refrigerated docks. This facility can be beneficial to almost every food service provides as well as retailers.

Market Overview

According to a report by Grand View Research, Inc., the cold storage market is likely to reach USD 212.54 billion by 2025 growing at a CAGR of 12.4% during the forecast years. Factors such as growing organized retail sectors and stringent government guidelines regarding the production and supply of temperature-sensitive products can propel the market in the coming years. Moreover, rising global demand for frozen foods is also likely to fuel the market development. Some of the leading players in the market include United States Cold Storage, Inc.; Americold Logistics, LLC; Cloverleaf Cold Storage; Nordic Logistics; and Oxford Logistics Group.

In-depth research report on cold storage market, click the link below:

https://www.grandviewresearch.com/industry-analysis/cold-storage-market