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Vietnam Cold Chain Market Poised for Chilling Growth at 14.8% CAGR: Rising Demand and Infrastructure Challenges Highlighted: Ken Research
Vietnam's Cold Chain Market plays a crucial role in ensuring the safe and efficient storage and transportation of temperature-sensitive products like meat, seafood, fruits, vegetables, pharmaceuticals, and vaccines. Driven by several factors, the market is experiencing significant expansion:
The Vietnam Cold Chain Market is characterized by a mix of established players and emerging ones. Key players include:
The report segments the Vietnam by cold storage and transport services, and product type:
Despite its promising future, the Vietnam Cold Chain Market faces some challenges:
Despite the challenges, the Vietnam Cold Chain Market is expected to maintain its upward trajectory, driven by several factors:
This report provides valuable insights for various stakeholders in the Vietnam Cold Chain Market, including:
Vietnam's Cold Chain Market is brimming with potential, offering lucrative opportunities for businesses and stakeholders who can adapt, innovate, and navigate the existing challenges. With continued investments in infrastructure, technology, and skilled workforce development, the market is poised for a chilled and prosperous future.
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.
UAE Cold Chain Market is expected to grow at the rate of 4.6% in the forecast period 2022-2027 UAE Cold Chain Market Revenues are expected to be dominated by Cold Storage with over 50% share in 2027 Revenue in UAE Cold Chain Market is expected to grow with a CAGR of 4.8% till 2027 due to rising grocery spending and demand for small and medium storages.
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.
Ken Research Private Limited
Ankur Gupta , Director Strategy and Growth
+91-9015378249
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