Top Report: Cold Chain Logistics Market in North America 2015-2019

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Date Submitted: 03/02/2015 01:40 AM

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ResearchMoz.us include new market research report " Cold Chain Logistics Market in North America 2015-2019: Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

The Cold Chain Logistics Market in North America is expected to grow at a CAGR of around 14 percent over the next five years. With the macro developments in the region such as growth in the organized retail sector and increased food wastage, the demand for cold chains for food preservation has grown rapidly. The ever-increasing demand for fruits, vegetables, and convenient food is also expected to fuel the overall growth of the Cold Chain Logistics Market in North America.

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However, cold chain logistics providers are finding it difficult to reduce their operational cost because of a rise in energy cost. High energy and real estate costs are likely to make the setting up of cold storages difficult. Nevertheless, the focus on energy efficient practices like the usage of CO2 cascade system, where two refrigerants are used in one refrigeration system, is projected to make a break-through in the overall market growth.

In 2014, the Meat, Fish, and Seafood segment dominated the Cold Chain market in North America. The US is the world's sixth largest fishing country and the third largest market for seafood. Despite the current economic environment, per capita consumption of meat, fish, and seafood is projected to remain stable. However, consumers in North America are becoming increasingly health conscious, and because meat, fish, and seafood are affected by changing temperatures, it is likely to increase the risk of harm to consumer's health. Therefore, cold chains play a vital role in sustaining the functional benefits, integrity, and safety of meat, fish, and seafood.

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