The term "cold chain" refers to the movement and storage of frozen and chilled goods. Many logistical, production, storage, and distribution tasks at low temperatures are involved. "Cold chain logistics" refers to the entire set of methods utilized to keep perishables and temperature-controlled goods fresh during transit. A blend of science, technology, and protocol makes up cold chain logistics. As part of its technology, the cold chain depends on material methods to maintain low temperatures. Science studies how food is stabilized and stored, focusing on chemical and biological processes. Supply chain maintenance practices from the logistics industry are incorporated into the procedure.
Italy Cold Chain Logistics Market Driving Factors and Challenges
Drivers: It is estimated that 150 million tons of milk are produced annually in the European Union. The primary producing nations are Germany, France, Poland, the Netherlands, Italy, and Ireland. When combined, they supply about 70% of the milk produced in the EU. Italy is a major player in the global dairy market; the country's exhibit blends tradition, volume, and quality. The most cutting-edge technology for processing milk have made it a popular beverage (fresh, UHT, LSL), suitable for specific diets, and available to consumers with intolerances.
Furthermore, the pharmaceutical chain logistics sector is a vast and intricate worldwide enterprise. Coordinated handling protocols, precision transport equipment, and a high level of regulatory compliance are required by the cold chain logistics industry. In addition, there is a growing market for pharmaceuticals of all kinds that aid in the treatment of a growing number of chronic and lifestyle-related illnesses. Pharmaceutical medications have evolved to contain more high-value active chemicals with a shorter shelf life and stricter temperature requirements, which has increased the demand for temperature control and monitoring across the entire supply chain process.
Challenges: Environmental issues are exacerbated by the use of energy-intensive cooling equipment and refrigerants in cold chain logistics. Demands for eco-friendly and sustainable solutions are rising among consumers and governments. Logistics providers face difficulties striking a balance between operational efficiency and sustainability as adopting environmentally friendly practices necessitates significant expenditures in new infrastructure and technologies. Furthermore, moreover, the firm will need to make a sizable upfront cost in order to purchase the cooling equipment. The manufacturer must include working capital charges in addition to the previously mentioned fixed costs.
Impact of COVID-19 on Italy Cold Chain Logistics Market
All worldwide operational forms of transportation that rely on logistics were affected by COVID-19. While some industries were negatively impacted by the epidemic, others, like e-commerce, healthcare & pharmaceuticals, and the daily necessities products sector, were doing well. During the COVID-19 pandemic, these industries were expected to benefit the global logistics sector. The COVID-19 limits for end users—manufacturers and providers of goods pertaining to food and beverage, health and nutrition, baking, and flowers, among others—caused a fall in revenue and growth in the Italy cold chain logistics market in 2020. Demand and supply were negatively impacted by these limitations as well.
Italy 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 are; DRS Depositi Regionali Surgelati SRL, Eurofrigo Vernate SRL, Fridocks General Warehouses and Frigoriferi SR, Frigocaserta SRL, Frigogel SRL, Frigoscandia SPA, Horigel SRL, Safim Logistics, Sodele Magazzini Generali Frigoriferi SRL, Soluzioni Logistiche Freddo SRL In Breve SL Freddo SRL, Others.
Italy Cold Chain Logistics Market Segmentation:
By Services: Based on the Services, Italy Cold Chain Logistics Market is segmented as; Storage, Transportation, Labelling, Blast Freezing, Inventory Management.
By Temperature Type: Based on the Temperature Type, Italy Cold Chain Logistics Market is segmented as; Ambient, Chilled, Frozen.
By Application: Based on the Application, Italy Cold Chain Logistics Market is segmented as; Horticulture, Dairy Products, Meats and Fish, Processes Food Products, Pharma, Life Science and Chemicals, Others.
By Region: This research also includes data for Southern Region, Eastern Region, Northern Region, Western 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.