Refrigerated warehouse refers to the temperature controlled facility used to store perishable items such as food, pharmaceutical, chemical and other frozen products. Refrigerated warehouse can be of two types: Public and Private. Private warehouses are those which operated by a company that produces or own the products which are kept in the warehouse. Usually food manufacturer owns this type of refrigerated warehouse. On the other hand Public warehouses are those which stores and distribute products for other companies. Most of the food and pharmaceutical companies rely on these warehouses for their storage and distribution purpose.
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Refrigerated warehousing market divides on the basis of Applications, Technology used for refrigeration, Temperature and Regions. On the basis of technology Blast Freezing, Vapour Compression Cycle, PLC and Evaporative refrigeration. Refrigeration can be offered in various temperature ranges as per product requirement so on this basis market is divided as: Frozen (Below 00C) and chilled (00C to 100 C). On the basis of applications Refrigerated warehousing market is segmented as: Food & Beverage, Healthcare & Pharmaceutical and Chemical & Scientific products. Different food products required different freezing conditions so ‘Food & Beverage’ is further
– Meet Fish & sea food
– Fruits & Vegetables
– Milk & other Dairy products
– Bakery and Confectionary
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Geographically market is split into North America, Europe, Asia-Pacific and LAMEA. North America is dominating the global refrigerated warehousing market and on the other hand Asia-Pacific region is fastest growing market for refrigerated warehousing. Rise in disposable income and rapid urbanization, drives the growth in this region.
Market Growth Factors
Global Refrigerated warehousing Market is driven by factors such as increasing demand for storage of perishable items, strict government policies towards food safety, expansion of distribution channels. Energy consumption is one of the major restraints for the growth of the refrigerated warehousing market. So to lower the energy consumption, vendors in this market have started adopting technologically advance practices such as CO2 /NH3 Cascade System which improves energy efficiency even at partial loading of refrigeration system.
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Key players in global refrigerated warehousing markets includes AmeriCold Logistics, Lineage Logistics, Preferred Freezer Services , John Swire , Agro Merchants , Interstate Cold Storage, Frialsa Frigoríficos and others.
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