DUBLIN–(BUSINESS WIRE)–The “Australia Cold Chain Logistics Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027)” report has been added to ResearchAndMarkets.com’s offering.
The Australian cold chain logistics market is expected to show an annual growth rate of about 3% during the forecast period 2020-2025. Australia is one of the largest players in the fields of production and export of perishable goods occupying the largest share of the cold chain logistics market in the country. Japan, the United States and China are some of the biggest importers of these goods.
Key Market Trends
Demand For Red Meat Driving the Market
The total global consumption of red meat has been gradually increasing over the past decade, as per the 2019 industry report of the Red Meat Advisory Council (RMAC).
The year 2018-19 surpassed the historical highs for the demand of Australian red meat exports including beef, lamb and mutton. As per the Meat & Livestock Australia (MLA), the global red meat consumption increased at an average rate of 2% per year for sheep meat, 1% for beef, 4% for poultry and 2% for pork. While the global demand is increasing, Australia itself is one of the world’s largest per capita consumers of red meat with more than 27 kg consumed per capita in 2018.
The export, storage and transportation of these products are fuelling the demands for high standards of cold chain facilities in the Australian logistics market.
Increasing Population of Australia
Australia’s population grew by 1.18% in the year 2019, with the population growth forecast to be the strongest among all the developed countries globally. As per the projections made by the IMF’s World Economic Outlook, Australia’s population is forecasted to grow by 14% from 2018 to 2023.
Supermarkets and retail shops will continue to exhibit healthy growth, in-line with the population. This growth in population will accelerate the demand for food boosting the need for refrigerated logistics facilities.
Additionally, there has been an expansive shift towards spending at restaurants, increasing the prospects to sell consumables to the food services industry. An ageing population along with a growing younger working population is expected to considerably boost the number of online grocery shoppers over the forecast period (2020-2025). Considering this growth, manufacturers, retailers and wholesalers are increasingly outsourcing their warehousing activities to third-party service providers, boosting demand for refrigerated logistics and distribution services.
Key Topics Covered:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS AND INSIGHTS
4.1 Current Market Scenario
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Technological Trends and Automation
4.4 Government Regulations and Initiatives
4.5 Industry Value Chain/Supply Chain Analysis
4.6 Spotlight on Ambient/Temperature-controlled Storage
4.7 Industry Attractiveness – Porter’s Five Forces Analysis
4.8 Impact of Emission Standards and Regulations on Cold Chain Industry
4.9 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Services
5.1.1 Storage
5.1.2 Transportation
5.1.3 Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.)
5.2 By Temperature Type
5.2.1 Chilled
5.2.2 Frozen
5.3 By Application
5.3.1 Horticulture (Fresh Fruits & Vegetables)
5.3.2 Dairy Products (Milk, Ice-cream, Butter, etc.)
5.3.3 Meats, Fish, Poultry
5.3.4 Processed Food Products
5.3.5 Pharma, Life Sciences, and Chemicals
5.3.6 Other Applications
6 COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Americold Logistics
6.2.2 Karras Cold Logistics
6.2.3 Kerry Logistics
6.2.4 NewCold Advanced Cold Logistics
6.2.5 Orient Overseas Container Line Limited.
6.2.6 Emergent Cold Chain
6.2.7 MFR Cool Logistics
6.2.8 AGRO Merchants Group, LLC
6.2.9 Lineage Logistics
6.2.10 Swire Cold Storage
6.2.11 PakCan*
7 FUTURE OF AUSTRALIA COLD CHAIN LOGISTICS MARKET
8 APPENDIX
For more information about this report visit https://www.researchandmarkets.com/r/3cydve
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
BANGKOK, THAILAND - Media OutReach Newswire - 22 November 2024 - Michelin, world-leading manufacturer of…
SINGAPORE - Media OutReach Newswire - 22 November 2024 - Elsie's Kitchen is thrilled to…
BANGKOK, THAILAND - Media OutReach Newswire - 22 November 2024 - PT. Eka Mas Republik,…
HONG KONG SAR - Media OutReach Newswire - 21 November 2024 - UOB Art Academy…
HONG KONG SAR - Media OutReach Newswire - 21 November 202 - Aomori Crafts from…
Collect FunStamps on the New 7-Eleven App and Redeem for FREE HONG KONG SAR -…