Report projects global refrigerated transport market’s value by 2019

Feb. 10, 2015
The report Refrigerated Transport Market by Mode (Road, Rail, Sea & Air), Product Type (Chilled & Frozen), Application (Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish & Seafood & Others) & by Region–Global Trends & Forecasts to 2019 defines and segments the refrigerated transport market.

The report Refrigerated Transport Market by Mode (Road, Rail, Sea & Air), Product Type (Chilled & Frozen), Application (Fruits & Vegetables, Bakery & Confectionery, Dairy & Frozen Desserts, Meat, Fish & Seafood & Others) & by Region–Global Trends & Forecasts to 2019 defines and segments the refrigerated transport market, with analyses and projections of the market size in terms of value.
The global refrigerated transport market is projected to reach $93,656.4 million by 2019, at a compound annual growth rate of 15.2%. It is growing in accordance with increasing demands for perishable food products and technological advancements in the refrigerated transport market.
This market is driven by the rise in consumption of frozen food products such as bakery and confectionery products and meat, fish & seafood in developed and developing nations. Increasing demands for food products, coupled with initiatives taken by respective governments to establish organized refrigerated transport systems in emerging economies, provide greater opportunity for the growth of the refrigerated transport industry.
In 2013, the North American region was the largest refrigerated transport market, with the United States dominating this market. The market for refrigerated transport in the Asia-Pacific region is estimated to be the fastest-growing market from 2014 to 2019.
MarketsandMarkets is the publisher of this and other market research reports. Its flagship competitive intelligence and market research platform, “RT,” connects more than 200,000 markets and entire value chains along with market sizing and forecasts of niche markets.
Click here to browse 94 market data tables and 68 figures spread through 161 pages in this report.

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