Food And Beverage Cold Chain Logistics Market from Air Freight & Logistics Industry to garner growth worth $ 69.69 Billion during COVID-19 Pandemic | Technavio

Enterprises will go through the Response, Recovery, and Renew phases. 

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The food and beverage cold chain logistics market will witness negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

The recovery process involves various phases including:-

• Addressing Potential Impacts by Facilitating changes in Process Designs
• Identifying potential disruptions
• Conceptualize scenario-based planning to mitigate future crisis situations.

Fetch Pandemic-Driven Insights on Food And Beverage Cold Chain Logistics Market

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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Similar Reports:

Cold Chain Market by Type, Application, and Geography - Forecast and Analysis 2021-2025

Logistics Market by End-user and Geography - Forecast and Analysis 2021-2025

 Major Three Food And Beverage Cold Chain Logistics Market Participants:

AGRO Merchants Group

The company offers cold storage equipped with conventional, mobile racking, automated storage, and retrieval systems. They operate in key business segments including Storage & Logistics, Value added services, Commodity Expertise, and Fresh & Frozen segments.

Americold Realty Trust

The company offers a network of integrated, temperature-controlled warehouses, and automation and supply chain management services for food and beverages ingredients.

Claus Sorensen AS

The company offers freezer and cold storage, quality control, veterinary border control, order picking, and packing, and ice production for ship freezing.

Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: 

https://www.technavio.com/report/food-and-beverage-cold-chain-logistics-market-industry-analysis

Food And Beverage Cold Chain Logistics Market 2021-2025: Segmentation

Food and beverage cold chain logistics market is segmented as below:

• Application
• Meat And Seafood
• Dairy And Frozen Desserts
• FVB
• Bakery And Confectionary
• Geography
• North America
• APAC
• Europe
• South America
• MEA

The food and beverage cold chain logistics market is driven by the rising consumption of frozen food.  In addition, other factors such as the growing need to reduce food wastage, and the surging growth of the organized retail sector in APAC are expected to trigger the food and beverage cold chain logistics market toward witnessing a CAGR of 10.37% during the forecast period.

Find more insights about the global trends impacting the future of food and beverage cold chain logistics market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR70889

Market Drivers
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• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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