Overview of UAE Cold Chain Market Size, Share, and Growth Forecast for 2022-27
The report aims to provide a comprehensive perspective on the UAE Cold Chain Market : Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027. It offers an industry overview, including an analysis of historical and future market growth. Key parameters such as revenue, demand, and applicable supply data are highlighted. The study offers regional estimates, forecasts, and trend analyses for various locations.
Report's Study Period:
- Historical period: 2018 – 2021
- Base Year: 2022
- Forecasting period: 2023 – 2027
Insights and Analysis of the UAE Cold Chain Market for the Period 2022-2027:
The UAE Cold Chain Market is projected to grow at a 6.9% CAGR during the forecast period, 2022-27, as the country relies heavily on foreign markets for its food security.
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UAE Cold Chain Market Dynamic:
Industry Driving Factor:
Increasing Investment in Cold Storage - Due to limited fertile land for farming & the adverse weather conditions, 90 percent of the UAE's food requirements are met by the import of food products from countries such as the US, the UK, France, and Brazil. With the growing demand from the restaurant & food-service supply chains due to pent-up demand for eating out & the increasing flow of tourists in the coming years, as Dubai hosts Expo 2020. Thus, to meet the growing market demand, the industry is expanding its existing cold storage facility and establishing a new one to meet the growing demand in the local market. For instance:
- In 2018, Al-Futtaim Logistics, a leading integrated logistics & supply chain solutions provider, announced the expansion of its services with the opening of a state-of-the-art cold storage warehousing facility in Dubai.
Furthermore, with the outbreak of COVID-19, the need for frozen cold storage has flourished rapidly for the storage & distribution of vaccines, which require storage at -80°C. The growing strategic partnership among the companies to the cold storage facility for the vaccine has augmented the market growth.
- In 2021, Abu Dhabi-based healthcare procurement company, partnered with Abu Dhabi Ports to establish the UAE’s largest cold storage facility for COVID-19 vaccines.
Segmentation Analysis of the UAE Cold Chain Market for the Period 2022-2027:
Our team of analysts has carefully studied the market using various methods and calculations to create a detailed analysis. We've broken down the market into different sections and thoroughly examined each one. This in-depth exploration has helped us identify the standout performing segment in each section by closely examining various aspects of the market.
We have delved into the factors and trends driving increased activity in these specific segments. Additionally, we have identified the main market participants who are actively involved in these segments, giving us a complete understanding of their unique characteristics. Our study also includes a comprehensive view of the market's structural expansion, offering a clear framework to understand how it has evolved.
- By Type
- Cold Storage
- Cold Transportation
- By End-User
- Food & Beverage
- Beverage & Packaged Food
- Dairy Products
- Meat and Seafood
- Pharmaceuticals
- Fruits and Vegetables
- Others (flowers, ornamental plants, etc.)
- Food & Beverage
- By Region
- Dubai
- Abu Dhabi & AI Ain
- Sharjah & Northern Emirates
Explore the Complete UAE Cold Chain Market Analysis Report - https://www.marknteladvisors.com/research-library/uae-cold-chain-market.html#:~:text=Market%20Insights,markets%20for%20its%20food%20security.
Leading Market Position in The UAE Cold Chain Market
In analysing the UAE Cold Chain Market, we conduct a thorough competitive benchmarking assessment involving key firms such as
- Gulf Agency Company
- Al-Futtaim Logistics
- Hellman Worldwide Logistics
- Global Shipping & Logistics LLC
- RHS Logistics
- CEVA Logistics
- Mohebi Logistics
- Agility Logistics
- Panalpina-DSV
- Kuehne- Nagel
- RSA Cold Chain
- DB Schenker
This evaluation entails a detailed review of each company's product value, capabilities, and notable attributes. Moreover, our study encompasses recent mergers, acquisitions, and product launches by these firms, aiming to offer stakeholders valuable insights into the prevailing market dynamics.
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The UAE Cold Chain Market Research Report for 2022-27 addresses several key questions:
- How will the growth rate of the UAE Cold Chain market progress during the projected period?
- What market factors will serve as the foundation for shaping client and business strategies?
- Which factors are currently exerting influence, including increased demand and ongoing market advancements?
- Among the studied market segments, which one’s present promising avenues for extended growth opportunities?
- Which company currently holds the leading market position?
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