
Germany 3PL Market Share, Revenue, Trends, Demand, Growth Strategy, Challenges, Opportunities and Future Competition Till 2033: SPER Market Research
Category :
Automotive & Transportation
Published: Dec-2023
Author: SPER Analysis Team
Germany 3PL Market Share, Revenue, Trends, Demand, Growth Strategy, Challenges, Opportunities and Future Competition Till 2033: SPER Market Research
Germany Cold Chain Logistics Market is projected to be worth USD 9.75 billion by 2033 and is anticipated to surge at a CAGR of 9.75%.
The process of moving and storing frozen and refrigerated goods is referred to as the "cold chain". It is a series of logistical, production, storage, and distribution activities related to low temperatures. Cold chain logistics refers to all of the methods used to keep perishables and temperature-controlled goods fresh at a consistent temperature throughout the logistics process. Cold chain logistics consists of a process, science, and technology. Part of the technology in the cold chain is the physical means by which it maintains low temperatures. Science studies the biological and chemical mechanisms underlying food stability and storage. The process entails using logistics methods to maintain the supply chain overall.
Germany Cold Chain Logistics Market Driving Factors and Challenges
Drivers: Growing Seafood Consumption in the Area. Due to its high nutritional content (protein, vitamins, minerals, and anti-inflammatory omega-3 fatty acids), seafood is consumed by a large portion of the global population, which provides protection against a number of health issues., for example, the average global seafood consumption per person increased from 20 to 24 kg. Seafood is kept fresher longer by slowing the growth of bacteria and other microorganisms through cold chain logistics.
Furthermore, the demand for convenience foods like pre-cut fruits, ready-to-eat meals, and other items has increased due to urbanization, which frequently necessitates the use of cold chain logistics. More than one-third of the anticipated urban growth between 2020 and 2050 is anticipated.
A number of obstacles confronting the German cold chain logistics market call for industry participants to take strategic measures. The strict legal framework controlling the movement and storage of products that are sensitive to temperature is one major obstacle. In order to maintain the integrity of the cold chain, compliance with intricate standards and regulations necessitates large investments in infrastructure and technology. The growing demand for sustainability and eco-friendly methods, which makes the adoption of eco-friendly technologies and energy-efficient solutions necessary, presents another difficulty.
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Impact of COVID-19 on Germany Cold Chain Logistics Market
The COVID-19 pandemic helped the German cold-chain logistics market. The COVID-19 restrictions, however, had a negative impact on the demand and supply outlook for the German cold chain logistics market in 2020, leading to a decline in revenue and growth. These end users included manufacturers and suppliers of food and beverage, health and nutrition, bakery, and flower-related products, among others.
Germany Cold Chain Logistics Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; BITZER Kuhlmaschinenbau GmbH, CDS Hackner GmbH., Wagner Group GmbH,Pfenning Logistics, Rite-Hite GmbH, Eurofresh Logistics GmbH., Heuer Logistics GmbH & Co. KG, KLM Kuhl- und Lagerhaus Munsterland GmbH, Kloosterboer BLG Coldstore GmbH, Frigolanda Cold Logistics, GEA Group Aktiengesellschaft, Fortdress International KG, NewCold Advanced Logistics
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Germany Cold Chain Logistics Market Segmentation:
By Services: Based on the Services, Germany Cold Chain Logistics Market is segmented as; Storage, Transportation, Labeling, Inventory Management, Others.
By Temperature Type: Based on the Temperature Type, Germany Cold Chain Logistics Market is segmented as; Chilled, Frozen.
By Application: Based on the Application, Germany Cold Chain Logistics Market is segmented as; Horticulture, Dairy Products, Meat and Sea Food, Processed Food Products, Pharmaceuticals, Life Science and Chemicals, Others.
By Region: This research also includes data for Central Region, Southern Region, Northern Region.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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