The specialized storage and transportation of temperature-sensitive commodities, such as food, pharmaceuticals, and chemicals, is known as cold chain logistics. Any product that is branded as perishable or known to be so will probably require cold chain management. Foods including meat and fish, fruit, medical supplies, and medications may fall under this category. It uses a variety of tools, systems, and practices to keep the object at the proper temperature. Several techniques are used in cold chain transportation to maintain the right temperature for the cargo. Which method is used depends on several parameters, including seasonality, the size of the packaged item, and the duration of the transit. The assessment and adjustment of the temperature-perishability relationship mostly depends on science.
Mexico Cold Chain Logistics Market Driving Factors and Challenges
Driving Factors- Mexico has seen a technical revolution in cold chain logistics due to the development of sophisticated equipment that maintains optimal temperature conditions throughout storage and transportation. The efficiency, durability, and sustainability of cold chain equipment from refrigerated trucks and containers to cold storage facilities with state-of-the-art monitoring and control systems are continuously being enhanced by manufacturers. Regulations pertaining to pharmaceutical quality assurance and food safety have a big influence on the cold chain equipment industry in Mexico. Strict guidelines and regulations are enforced by international regulatory bodies to ensure the safety and integrity of goods that are vulnerable to temperature fluctuations along the supply chain. Adherence to regulations like Good Distribution Practices and the FDA's Food Safety Modernization Act motivates the use of contemporary cold chain equipment.
Challenges- Due to the high energy consumption and greenhouse gas emissions associated with refrigeration, the growth of the cold chain industry has a detrimental effect on Mexico's environment. The need for chilled road transportation is skyrocketing and is increasing at an exponential rate. When products are being carried by trucks, ships, and trains in the cold chain, keeping them frozen is essential to increasing their shelf life and maintaining their quality. In a similar vein, trucks, trailers, and containers driven by diesel use more energy than diesel-powered trucks that are not refrigerated. The climatic change in the area is significantly impacted by this. As a result, it is anticipated that worries about greenhouse gas emissions would hinder the cold chain logistics sector's growth.
Impact of COVID-19 on Mexico Cold Chain Logistics Market
Recent global health crises like the COVID-19 pandemic have brought attention to the significance of the cold chain. The COVID-19 pandemic had a significant impact on Mexico's cold chain logistics industry, driving rising demand for pharmaceutical delivery and storage due to vaccination rollouts and shortages of medical supplies. It also destabilized food supply chains, necessitating more cold storage and last-mile delivery of perishables. The emergence of e-commerce, labour difficulties, and transportation limitations put additional burden on the industry. The crisis increased infrastructure expenditures and promoted new alliances, strengthening the cold chain industry's long-term resilience.
Mexico 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 Frialsa FrigorÃficos, Friopuerto Veracruz, Serbom Group, Friozem Armazens Frigorificos Ltd.
Mexico Cold Chain Market Segmentation:
By Service: Based on the Service, Mexico Cold Chain Market is segmented as; Storage, Transportation, Value-added Services.
By Temperature: Based on the Temperature, Mexico Cold Chain Market is segmented as; Chilled, Frozen, Ambient.
By Application: Based on the Application, Mexico Cold Chain Market is segmented as; Fruits and Vegetables, Dairy Products, Fish, Meat and Poultry, Processed food, Pharmaceutical, Bakery and Confectionery, Others.
By Region: This research also includes data for Northern Mexico, Central Mexico, Western Mexico, Eastern Mexico, Southern Mexico.
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.