India Cold Storage Market
The GMI Research forecasts that the India Cold Storage Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the increasing cross-border trade and expansion in the organized retail industry.
Introduction of the India Cold Storage Market:
Cold storage refers to the storage of any temperature-controlled substance that prevents the substance from getting decayed or adhered to laws and regulations that apply to the specific product. The cold storage warehouse is a storage warehouse that is used to store fresh or frozen perishable fruits, vegetables, dairy products, seafood, and other food items, at the desired temperature to maintain the quality of the product.
India Cold Storage Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Some of the prominent drivers stimulating the growth of the India cold storage market include the establishment of robust infrastructure by major market players, huge demand for these warehouses, especially among the healthcare industry, and the ongoing enlargement of the organized retail sector leading to the ingression of a wide variety of fresh fruits, vegetables, dairy products, meat, and poultry. In addition, the augmenting threat and investments in the grain crops are persuading farmers to switch towards the cultivation of fruits and vegetables, thereby paving the way for market growth. The mounting number of healthcare items that include biopharmaceuticals, vaccines, and clinical trial materials, which are heat sensitive and require a room temperature between 2-degree celsius – 8 degrees Celsius, is contemplated to influence the market growth positively. On the other hand, the inadequate power at transportation centers and laborers will curb the cold storage market share.
India Cold Storage Market Segmentation:
Segmentation by Warehouse Type
- Private & Semi-private
- Public
Segmentation by Construction Type
- Bulk Storage
- Production Stores
- Ports
Segmentation by Temperature Type
- Chilled
- Frozen
Segmentation by Application
- Fruits & Vegetables
- Dairy
- Fish, Meat & Seafood
- Processed Food
- Pharmaceuticals
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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