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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Cold Chain Market Share
Both cold chain storage and transportation facilities are crucial for efficient and safe delivery of perishable and time-sensitive goods
The cold chain storage segment plays a critical role in maintaining the quality and freshness of products across industries such as fruits & vegetables, bakery and confectionery, dairy & frozen desserts, drugs & pharmaceuticals, meat, fish & seafood. ColdEX Logistics offers comprehensive cold chain solutions for fruits and vegetables, ensuring their preservation and quality throughout the supply chain.
According to India cold chain market report, the cold chain transportation segment is vital for ensuring the seamless and temperature-controlled movement of perishable goods from manufacturers to storage facilities, distribution centers, retailers, and consumers. Kool-ex specialises in providing temperature-controlled logistics solutions for pharmaceutical products, ensuring their efficacy and safety during transportation. Snowman Logistics focuses on cold chain transportation services for dairy products, highlighting the significance of maintaining product freshness and quality throughout the delivery process.
Fruit and vegetables segment bolsters the market growth due to their perishable nature
In the India cold chain logistics market analysis, the fruits and vegetables segment see a high demand for efficient cold chain storage and transportation solutions due to India's significant production of perishable produce. The meat and fish segment showcases an increasing need for cold chain services to maintain the safety and quality of these perishable products. Dairy products represent another crucial segment in the market, requiring cold chain infrastructure to preserve the quality and freshness of dairy items such as milk, cheese, and ice cream. In the healthcare products segment, particularly pharmaceuticals and biopharmaceuticals, there is a rapidly growing demand for precise temperature control during storage and transportation to maintain product efficacy and safety.
India Cold Chain Market Report Snapshots
India Cold Chain Market Growth
India Cold Chain Market Trends
India Cold Chain Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the India cold chain market reached an approximate value of INR 1918.86 billion in 2023.
The market is expected to grow at a CAGR of 14.3% between 2024 and 2032.
The market is estimated to reach a value of about INR 6388.55 billion by 2032.
The major drivers of the market include rising disposable incomes, increasing middle class population, growing organised food retail, increased production and consumption of perishable food products, and the rapid urbanisation and industrialisation.
The flourishing e-commerce and organised food retail sectors, the surging production of meat, marine, and poultry products, government initiatives promoting food safety and quality, advancements in refrigeration technologies, and expansion of cold chain infrastructure are the key trends fuelling the market growth.
The various services of cold chain considered in the market report include cold chain storage and cold chain transportation, among others.
The various applications considered in the market report are fruit and vegetables, meat, fish, and seafood products, dairy products, processed food products, healthcare products, and others.
Major regions considered in the market are North India, East and Central India, West India, and South India.
Key players in the market are CEVA Logistics SA, Snowman Logistics Limited, TCIEXPRESS LIMITED, GK Cold Chain Solutions, Coldrush Logistics Pvt. Ltd., ColdEX Logistics Pvt. Ltd., Gubba Cold Storage Pvt. Ltd., Future Enterprises Limited, Container Corporation of India Limited (Fresh and Healthy Enterprises Ltd.), and Coldman Logistics Pvt.Ltd., among others.
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