Published on May 17, 2014
Keeping in mind the high growth prospects of the cold chain sector in India, Niir Project Consultancy Services has released a detailed study titled 'Market Research Report on Cold Chain Logistics in India (Cold Storage and Reefers)- Present Scenario, Future Prospects, Market Potential, Opportunities, Growth Drivers, Industry Size, Analysis & Forecasts Upto 2017'. The report lays a roadmap to the integrated cold chain sector growth by disseminating information on industry overview, growth drivers, opportunities & challenges, demand-supply scenario and key player information.
While assessing the market potential of any sector, the following questions arise:
• What is the present scenario of the industry?
• What will drive its growth?
• What are the opportunities & challenges faced by the industry?
• What is the demand situation?
• What is the supply scenario?
• Who are the players operating in the industry?
• What is the industry outlook?
The report answers all the mentioned questions and qualifies cold chain sector as a promising sector with high growth prospects and long term sustainable demand. The report firstly defines the sector in view of its components, structure and end users and establishes the present status of the industry. It further moves ahead to analyze the growth enablers of the industry expounded with the help of graphical representation and forecasts of key indicators. The segment is followed by opportunities & challenges segment and porters 5 forces analysis where the industry's attractiveness is scrutinized and discerned. The cold chain facilities in India are utilized by industries like processed food, dairy, meat & poultry, horticulture and food service industry. The production numbers, along with key forecasts, of the mentioned user industries is a reliable way of demand assessment. Similarly the supply side is encapsulated with the help of number of cold storages, with existing capacities, operating in the industry and the data about cold chain projects set up under various government schemes.
The report further enlightens about the key players operating in the segment with the help of company profiles and recent developments. It also includes complete financial information of the incumbents covering contact information like address of registered office, director's name and financial comparison covering balance sheet, profit & loss account and several financial ratios of the players.
Indian cold chain sector has bright future ahead of itself with the much revered governmental support and changing consumer dynamics. Indian market is evolving with changing lifestyles, rising urbanization and growing disposable incomes which will be the key benefactors of growth in cold chain user industries like Food service industry, processed food industry and organized retail industry. Additionally mounting government endeavors towards reducing food wastage and penetrating healthcare in deep corners of the country will help in strengthening cold chain infrastructure in India. The cold chain sector in India is still in the nascent stage with enormous growth potential on the back of climatic diversification and geographically vast size of the country. Indian cold chain sector was estimated to be at INR 245 billion in 2013 and we anticipate it to cross INR 600 billion mark in the next 4 years.
For further information, refer:http://niir.org/books/book/market-res...
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