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Report Description

Report Description

The India Cold Chain Logistics Market is anticipated to register a high CAGR during the forecast period. The expansion of industries such as organized retail, processed food, medicines, and a rising inclination toward horticulture, among others, has increased the need for cold chains.

Supply-chain management and temperature-controlled ground transportation are both included in the cold chain. "Cold chain logistics" refers to the freezing procedures necessary to preserve the quality and shelf life of goods. For instance, fresh produce, seafood, frozen dinners, photographic film, chemicals, and pharmaceutical medications. Cold chains are crucial for increasing the shelf life of products, preventing overcapacity, minimising transportation bottlenecks during busy times, and guaranteeing product quality. Both cold-insulated transport vehicles and temperature-controlled storage facilities are used in the process to distribute products. Products such as fruits, vegetables, meat, cattle, medications, and other items are frequently delivered and preserved using cold chain logistics techniques. Refrigerated trucks, railcars, air freight, and chilled cargo are common modes of transportation. By paying farmers fair rates for their produce, the cold chain sector is essential in reducing the wastage of perishable goods and commodities. Cold chain logistics improve the effectiveness of pharmaceuticals along the supply chain in the pharmaceutical business.

Development in Established Food RetailThe cold chain industry in India is anticipated to be one of the most driven by organized retail. Expect consumers to have access to a wide range of fresh produce, dairy products, meat and poultry products, and other temperature-sensitive goods that require cold chain storage and delivery as organized food retail expand. The majority of organized retail organisations are aware that establishing a reliable cold chain infrastructure is essential to effectively manage their supply chains.


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E-commerce Expansion and More Consumer Options
The rapid growth of India's e-commerce industry has attracted several international investors to open offices there. Consumers now have access to goods and services that were previously beyond their price range, such as chic cosmetics and exotic foods. As more people move to cities, opinions about frozen and chilled foods have significantly changed. Shops are selling more frozen meals online.

E-commerce is changing how people buy online and the rise in sales of chilled and frozen goods creates a demand for cold chain infrastructures, such as efficient supply chains and refrigerated transportation. Instead of seeing e-commerce as a way to save money on expensive items like electronics, online customers have expanded their online shopping preferences to include less expensive basics such as food, clothing, and cosmetics. Both new possibilities and challenges have arisen for leasing cold storage in Asia as a result of the considerable increase in fresh food sales. The responsibility of storage and delivery is shifting to third parties as supermarkets come under pressure from a rise in online sales. The demand for frozen food is continuously increasing due to factors such as the pandemic, lockdown, and changes in internet shopping habits. E-commerce companies employ cold chain logistics services to respond to this demand as rapidly as possible.

Rising Needs from the Healthcare Sector
Many medical items, including vaccines, biopharmaceuticals, and clinical trial materials, are heat sensitive and need to be kept at temperatures between 2 and 8 degrees celsius anticipate a high need for effective cold chain facilities in the upcoming years due to the double-digit growth rates that are predicted for India's vaccine, biopharmaceutical, and clinical trials markets.

Market Segmentation
The India Cold Chain Logistics Market is divided into service type, application, temperature type, and technology. Based on service type, the market is further bifurcated into refrigerated warehouses and refrigerated transportation. Based on application, the market is segmented into seafood, meat, fruit & vegetable, dairy products, alternative protein, and others. Based on temperature type, the market is divided into frozen and chilled. Based on technology, the market is further segmented into dry ice, gel packs, eutectic plates, liquid nitrogen, and quilts.

Market Players
Major market players in the India Cold Chain Logistics Market are Gati Kausar India Pvt. Ltd., Snowman Logistics Pvt. Ltd., ColdEX Limited, Stellar Value Chain Solutions Pvt. Ltd., Future Supply Chain Solutions, Schedulers Logistics India Pvt. Ltd, Gubba Cold Storage Pvt Ltd, Kailash Agro Cold Storage, Deccan cold storage I Pvt Ltd, and Dev Bhumi Cold Chain Pvt Ltd.

Recent Developments:

  • The Indian government has introduced several programs to aid in the growth of the cold chain. As an instance, the Pradhan Mantri Kisan Sampada Yojana (PMKSY) program seeks to develop contemporary infrastructure with effective supply chain management beginning at the farm gate and ending at the retail outlet. The main goal of PMKSY is to improve returns for farmers while also giving the country's food processing industry a significant boost. 
  • One of the components of PMKSY, the Scheme for Integrated Cold Chain and Value Addition Infrastructure, is being implemented by the Ministry of Food Processing Industries (MFPI) to eliminate post-harvest losses of both horticultural and non-horticultural goods.
  • Under the Scheme for Integrated Cold Chain & Value Addition Infrastructure, 461 cold storages were approved over the course of three years (2016–17 to 2018–19), with a total capacity of 1,948 thousand MT. Additionally, as of October 31, 2019, 313 cold chain projects had been approved (under the MFPI), of which 133 projects are still in progress and 180 projects have been completed.
  • The National Center for Cold Chain Development (NCCD) was established by the Indian government to support research and development in the cold chain industry while also assisting in the establishment of building standards through global benchmarking. Governments have launched several initiatives to support the cold chain sector. As per the statistics, the distribution of cold storage is highly uneven with the majority of the cold spaces located in Uttar Pradesh, Gujarat, Punjab, Maharashtra, and West Bengal.
  • In September 2020, IndoSpace began building specialized, GDP/GWP-compliant, temperature-controlled pharmaceutical distribution centers around the nation in conjunction with Kool-ex, a major provider of cold chain logistics services. Near Mumbai, Delhi, and Bangalore, IndoSpace and Koolex are developing and constructing three warehouses, each with 36,000 pallet locations. The largest independent temperature-controlled warehousing facility in India  The warehouse in Khopoli, owned by IndoSpace is currently being built. Over the upcoming years, IndoSpace intends to construct about 10 such warehouses. In addition to creating the technology for temperature-controlled storage. IndoSpace parks offer a geographic advantage in the pharmaceutical industry. Owing to IndoSpace parks' advantageous locations, companies may reach 92% of the pharmaceutical production industry and 85% of the consumer market.

Attribute

Details

Base Year

2022

Historic Data

2018– 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2024-2028

Report Coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

Service Type

Application

Temperature Type

Technology

Country scope

North Region, South Region, West Region, East Region

Key companies profiled

Gati Kausar India Pvt Ltd, Snowman Logistics Pvt Ltd, ColdEX Limited, Stellar Value Chain Solutions Pvt Ltd, Future Supply Chain Solutions Limited, Schedulers Logistics India Pvt. Ltd, Gubba Cold Storage Pvt Ltd, Kailash Agro Cold Storage, Deccan Cold Storage I Pvt Ltd, Dev Bhumi Cold Chain Pvt Ltd.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:
In this report, the India Cold Chain Logistics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         India Cold Chain Logistics Market, By Service Type:

o   Refrigerated Warehouse

o   Refrigerated Transportation  

·         India Cold Chain Logistics Market, By Application: 

o   Seafood

o   Meat

o   Fruit & Vegetable

o   Dairy Products

o   Alternative Protein

o   Others

·         India Cold Chain Logistics Market, By Temperature Type:

o   Frozen

o   Chilled

·         India Cold Chain Logistics Market, By Technology

o   Dry Ice

o   Gel Packs

o   Eutectic Plates

o   Liquid Nitrogen

o   Quilts

·         India Cold Chain Logistics Market, By Region:

o   North

o   South

o   West

o   East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Cold Chain Logistics Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Cold Chain Logistics Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on the India Cold Chain Logistics Market

4.    Executive Summary

5.    Voice of Customer

6.    India Cold Chain Logistics Market Outlook

6.1.  Market Size & Forecast

6.1.1.       By Value

6.2.  Market Share & Forecast

6.2.1.       By Type (Refrigerated Warehouse, Refrigerated Transportation)

6.2.2.       By Application (Seafood, Meat, Fruit & Vegetable, Dairy Products, Alternative Protein, Others)

6.2.3.       By Temperature Type (Frozen, Chilled)

6.2.4.       By Technology (Dry Ice, Gel Packs, Eutectic Plates, Liquid Nitrogen, Quilts)

6.2.5.       By Region (North, South, West and East)

6.2.6.       By Company (2022)

6.3.  Market Map

7.    North India Cold Chain Logistics Market Outlook

7.1.  Market Size & Forecast

7.1.1.       By Value

7.2.  Market Share & Forecast

7.2.1.       By Type

7.2.2.       By Application

7.2.3.       By Temperature Type

8.    South India Cold Chain Logistics Market Outlook

8.1.  Market Size & Forecast

8.1.1.       By Value

8.2.  Market Share & Forecast

8.2.1.       By Type

8.2.2.       By Application

8.2.3.       By Temperature Type

9.    West  India Cold Chain Logistics Market Outlook

9.1.  Market Size & Forecast

9.1.1.       By Value

9.2.  Market Share & Forecast

9.2.1.       By Type

9.2.2.       By Application

9.2.3.       By Temperature Type

10. East India Cold Chain Logistics Market Outlook

10.1.   Market Size & Forecast

10.1.1.    By Value

10.2.   Market Share & Forecast

10.2.1.    By Type

10.2.2.    By Application

10.2.3.    By Temperature Type

11. Market Dynamics

11.1.   Drivers

11.1.1.    Strong demand for meat, and dairy

11.1.2.    Rising processed food products

11.1.3.    Growing Urban Population

11.2.   Challenges

11.2.1.    Equipment Breakdown

11.2.2.    Un-organized Industry

11.2.3.    Excessive Heat Exposure

11.2.4.    Human Errors

12. Market Trends & Developments

12.1.   Rising Urban Population

12.2.   Development of the Pharmaceutical sector

12.3.   Increase in the number of refrigerated Wearhouse

12.4.   Government Initiatives

12.5.   Merger & Acquisitions

13. Policy & Regulatory Landscape

14. PORTER Analysis

15. Company Profiles (TOP 10)

15.1.   Gati Kausar India Pvt Ltd

15.1.1.    Business Overview

15.1.2.    Key Revenue and Financials (If Available)

15.1.3.    Recent Developments

15.1.4.    Key Personnel

15.1.5.    Key Product/Services

15.2.   Snowman Logistics Pvt Ltd

15.2.1.    Business Overview

15.2.2.    Key Revenue and Financials (If Available)

15.2.3.    Recent Developments

15.2.4.    Key Personnel

15.2.5.    Key Product/Services

15.3.   ColdEX Limited

15.3.1.    Business Overview

15.3.2.    Key Revenue and Financials (If Available)

15.3.3.    Recent Developments

15.3.4.    Key Personnel

15.3.5.    Key Product/Service

15.4.   Stellar Value Chain Solutions Pvt Ltd

15.4.1.    Business Overview

15.4.2.    Key Revenue and Financials (If Available)

15.4.3.    Recent Developments

15.4.4.    Key Personnel

15.4.5.    Key Product/Service

15.5.   Future Supply Chain Solutions Limited

15.5.1.    Business Overview

15.5.2.    Key Revenue and Financials (If Available)

15.5.3.    Recent Developments

15.5.4.    Key Personnel

15.5.5.    Key Product/Services

15.6.   Schedulers Logistics India Pvt. Ltd

15.6.1.    Business Overview

15.6.2.    Key Revenue and Financials (If Available)

15.6.3.    Recent Developments

15.6.4.    Key Personnel

15.6.5.    Key Product/Services

15.7.   Gubba Cold Storage Pvt Ltd

15.7.1.    Business Overview

15.7.2.    Key Revenue and Financials (If Available)

15.7.3.    Recent Developments

15.7.4.    Key Personnel

15.7.5.    Key Product/Services

15.8.   Kailash Agro Cold Storage

15.8.1.    Business Overview

15.8.2.    Key Revenue and Financials (If Available)

15.8.3.    Recent Developments

15.8.4.    Key Personnel

15.8.5.    Key Product/Services

15.9.   Deccan Cold Storage I Pvt Ltd

15.9.1.    Business Overview

15.9.2.    Key Revenue and Financials (If Available)

15.9.3.    Recent Developments

15.9.4.    Key Personnel

15.9.5.    Key Product/Services

15.10.Dev Bhumi Cold Chain Pvt Ltd

15.10.1. Business Overview

15.10.2. Key Revenue and Financials (If Available)

15.10.3. Recent Developments

15.10.4. Key Personnel

15.10.5. Key Product/Services

16. Strategic Recommendations

16.1.   Key focus on South Region

16.2.   Key focus towards Application Segment

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

Gati Kausar India Pvt. Ltd., Snowman Logistics Pvt. Ltd., ColdEX Limited, Stellar Value Chain Solutions Pvt. Ltd., Future Supply Chain Solutions limited, Schedulers Logistics India Pvt. Ltd, Gubba Cold Storage Pvt. Ltd., Kailash Agro Cold Storage, Deccan Cold Storage I Pvt Ltd, and Dev Bhumi Cold Chain Pvt Ltd are some of the leading players in the India Cold Chain Logistics Market.

Products that need to be kept at the chilled temperatures that consumers expect are managed through the cold chain. It qualifies as a process since it entails carrying out a series of operations to prepare, store, and move items through the cold supply chain..

Strong demand for meat & dairy, increasing usage of processed food products and rising urban population are the major drivers of the India Cold Chain Logistics market.

Unorganized industry, equipment breakdown, excessive heat exposure, and human errors are the major challenges faced by the India Cold Chain Logistics Market.

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