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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Cold Chain Market Analysis by States
North India has a prominent market due to the presence of various cold chain logistics facilities
In northern India, Uttar Pradesh dominates market share as it is one of the major states with a growing demand for processed food products and a thriving retail sector. Punjab can account for a larger India cold chain market share due to its emphasis on the production and consumption of perishable food products, which is driving the need for efficient cold chain infrastructure. Companies like Kool-ex have established a strong foothold in Punjab, providing temperature-controlled logistics solutions to support the state's thriving dairy and horticulture sectors.
West Bengal in east India is also contributing to the growth of the market with its focus on enhancing food processing and storage capabilities. The state's emphasis on improving its cold chain infrastructure has attracted investments from key players.
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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