Cold chain’s growth is boosting consolidation in bongdaso com vn sector

27.10.2021

bongdaso com vn remarkable growth in bongdaso com vn cold chains has boisterous bongdaso com vn consolidation in bongdaso com vn whole market and attracted new players to cover up bongdaso com vn deficiency aspects of bongdaso com vn industry.

Matteo Iagatti, Senior experts in food and agriculture products supply chain informed that bongdaso com vn estimated growth for cold chain will maintain 12% annually up to 2024, and 25 industry leaders have added storage capacity up to 85% of bongdaso com vn market share.

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Mr Iagatti also revealed in bongdaso com vn Cool Logistics conference: “Big players like Lineage Logistics and Americold are consolidating bongdaso com vn sector. But there is a lot of interest from real estate investors, as well companies such as Maersk and CMA CGM, which are starting to position themselves as a one-stop shop for huge food processors and exporters that need only one point of contact”.

South America is bongdaso com vn main motive growth, which mainly focused on perishable products originated from Brazil and Asian countries where large number of middle-class boosting up bongdaso com vn consumption. In China, bongdaso com vn demand for cold storage can reach up to 100 million cubic meters compares to France in terms of per capita capacity.

Furthermore, Covid-19 pandemic and labor shortages also creates new challenges for cold supply chain.

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In Europe, logistics costs are getting steeper, due to elements: Brexit, drivers and workers shortage in food and agricultural products processors.

“More recently, we have rising energy costs in Europe, so costs for cold chain companies are on bongdaso com vn rise, and this will have an impact on customers”.

Mr Amit Hasak, CEO of Transship agreed with bongdaso com vn comment: Surging freight rates and transport costs are also having a huge impact on cold chains and perishables exporters.

He also added: “During these extremely difficult and trying times, there are companies making record profits: steamship lines, cold storage warehouses and trucking companies”.

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