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UAE Cold Chain Market Booms with 8% CAGR: Chilling Growth Fueled by Imports, Tech Adoption, and $1.5 Billion Investment Surge: Ken Research
The UAE's arid climate necessitates heavy reliance on imports for essential food and pharmaceutical products, making the Cold Chain Market critical for ensuring their safe and efficient delivery. Around 80% of the country's food requirements are met through imports, creating a $2.5 billion market for cold chain services in 2022. This figure is expected to reach $4.3 billion by 2027, reflecting the growing importance of the sector.
Cold Storage
Cold Transport
Pharmaceuticals and Vaccines
Fruits and Vegetables
Dairy Products
Meat
Processed foods
Seafood
Ice cream and frozen desserts
Others
3PL
2PL
Chilled
Frozen
Dubai
Abu Dhabi
Sharjah
Others
Land
Sea
Air
International
Domestic
Long Haul (First + Mid Mile)
Short Haul (Last Mile)
Chilled
Frozen
Inter-City
Intra-City
The Australia cold chain market is anticipated to grow with a CAGR of 10.3% due to the ever-growing demand Majority of the end users' segments are expected to register a robust CAGR in the Australia Cold Chain Market in the upcoming years Demand for perishable food products is expected to increase due to the rising disposable income and retail spending of the people in the country, which will necessitate the development of cold storage facilities and positively affect the market growth.
According to Ken Research estimates, the Global Cold Chain Market will expand at significant rate by 2027, owing to the growing demand of processed ready-to-eat food, rising export volumes, expanding storage capacity and new and advanced technologies.
According to Ken Research estimates, the Indonesia Cold Chain Market grew at a CAGR of 10.7% in the period of 2016-2021 – is expected to grow at a CAGR of 12.9% in the forecasted period of 2021-2026F, owing to the change in lifestyle and urbanization, growing fisheries sector, expansion of existing cold storages and rising domestic consumption of meat.
According to Ken Research estimates, the Thailand Cold Chain Market is forecasted to grow more than THB 20 Bn by 2026F, owing to the growing demand of processed ready-to-eat food, rising export volumes, expanding storage capacity and new and advanced technologies. The Thailand Cold Chain Industry comprises of Cold Storage and Cold Transport with presence of major companies such as JWD logistics, Thaimax, Yokorei and Interexpress Logistics operating in the market.
Ken Research Private Limited
Ankur Gupta , Director Strategy and Growth
+91-9015378249
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