India Cold Storage Market Size & Outlook, 2023-2030
India cold storage market, 2018-2030 (US$M)
Related Markets
India cold storage market highlights
- The India cold storage market generated a revenue of USD 5.5 million in 2023 and is expected to reach USD 22.6 million by 2030.
- The India market is expected to grow at a CAGR of 22.5% from 2024 to 2030.
- In terms of segment, private & semi private was the largest revenue generating warehousea type in 2023.
- Public is the most lucrative warehousea type segment registering the fastest growth during the forecast period.
Cold storage market data book summary
| Market revenue in 2023 | USD 5.5 million |
| Market revenue in 2030 | USD 22.6 million |
| Growth rate | 22.5% (CAGR from 2023 to 2030) |
| Largest segment | Private & semi private |
| Fastest growing segment | Public |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Private & semi private, Public |
| Key market players worldwide | Americold Realty Trust Inc, Adecoagro SA, Burris Logistics, Barloworld Ltd, Lineage Logistics, Oxford Industries Inc, Oceana Group Ltd, Swire Pacific Ltd ADR, United States Cold Storage, JD Logistics Inc, Wabash National Corp |
Other key industry trends
- In terms of revenue, India accounted for 3.4% of the global cold storage market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India cold storage market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 22.6 million by 2030.
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Cold Storage Market Scope
Cold Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India cold storage market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold storage market will help companies and investors design strategic landscapes.
Private & semi private was the largest segment with a revenue share of 89.09% in 2023. Horizon Databook has segmented the India cold storage market based on private & semi private, public covering the revenue growth of each sub-segment from 2018 to 2030.
India's adoption of the cold storage has significantly increased in recent years. The cold storage comprises storage, transportation, and equipment, including refrigeration systems, freezers, and other temperature controlled storage devices essential for maintaining perishable products' quality and safety, such as food, pharmaceuticals, and vaccines.
India's growing economy and rising demand for high-quality products have led to increased investments in cold storage infrastructure. The government's focus on improving food security and reducing food waste is one of the key drivers for the growth of the cold storage market.
The government has launched several initiatives to support the development of cold storage infrastructure, including the National Cold storage Grid, which aims to connect farmers, food processors, and retailers through a network of cold storage, and the Pradhan Mantri Kisan Sampada Yojana, which provides financial assistance for the development of food processing and preservation facilities.
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Our clientele includes a mix of cold storage market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India cold storage market , including forecasts for subscribers. This country databook contains high-level insights into India cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India cold storage market size, by warehousea type, 2018-2030 (US$M)
India Cold Storage Market Outlook Share, 2023 & 2030 (US$M)
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