The Cold Chain Industry is developing at a faster pace owing to the underlying sectors such as fruits and vegetables, dairy, meat and fish etc. India is the largest producer of milk and second largest producer of fruits and vegetables. Despite the rich agricultural heritage of the country, there is a huge gap in the existing and required capacity of cold chain infrastructure resulting in large volume of wastage. However, with rising interest of foreign players along with government initiatives the cold chain industry in India is expected to grow at a CAGR of 15 % during the forecasted period 2017-2022.
According to our latest report, “Indian Cold Chain Industry Outlook 2022”, the growing importance of cold chain industry has led to the emergence of various new entrants in the sector. Moreover, the increasing investments by both domestic and foreign players, the government initiatives are driving the Indian Cold Chain industry.
Research Analysis and Highlights
The report, “Indian Cold Chain Industry Outlook 2022”, by RNCOS spread over around 60 pages, imparts an in-depth research and thorough analysis of current and future prospects of Cold Chain industry in India. The industry analysis has been segmented in terms of storage and commodity. Further, regulatory framework has been provided in the report for better understanding of regulations to be followed in the country.
Additionally, the report covers the key players section which gives a proper understanding to about the existing competition in the cold chain industry in India. As a whole, the report represents a comprehensive outlook of the sector’s past, present, and future scenario.
Some of the report’s key highlights include:
Growth of underlying Sectors Leading to Increasing Infrastructural Demand
Rising Investments Propelling Expansion in Cold Storage Industry
Government Initiatives encouraging Infrastructural Development