Indian Cold Chain Market

The Indian cold chain market reached a value of INR 1,288 Billion in 2019. Cold chains impart storage and distribution services for products that have to be maintained at a given temperature. India is currently the world’s largest producer of milk, second largest producer of fruits and vegetables and has a substantial production of marine, meat and poultry products. Most of these products are temperature sensitive and require specific temperature ranges to be stored and transported. This has resulted in the establishment of a very large cold chain infrastructure in the country. Looking forward, IMARC Group expects the Indian cold chain market to exhibit strong growth during 2020-2025.

Indian Cold Chain Market: Drivers

• Growth in Organized Food Retail: Organized retail is expected to be amongst the biggest drivers of the cold chain market in India. With the growth of the organized food retail, we expect consumers to get access to a very large variety of fresh fruits and vegetables, dairy products, meat and poultry products and a number of other temperature sensitive commodities that require cold chain storage and transportation. Most of the organized retail players have already acknowledged that setting up of a strong cold chain infrastructure is a key step in efficiently managing their supply chains.
• Growth in the Processed Food Sector: There has been a marked improvement in the consumer demand for processed foods. The Indian government has also announced the intent of establishing several mega food parks. This augurs well for the development of the cold chain industry in the country.
• Shift Towards Fruits and Vegetables: Due to increasing risks and investments in grain crops, farmers are moving towards cultivation of fruits and vegetables. Most of these crops require refrigeration and hence are expected to encourage the development of cold storage facilities.
• Increasing Demand from the Healthcare Sector: A number of healthcare products such as vaccines, biopharmaceuticals as well as clinical trial materials are heat sensitive and must be stored at temperatures ranging from 2^OC - 8^OC. With India’s vaccine, biopharmaceutical and clinical trials market expected to grow at double digit growth rates, we expect a strong demand of efficient cold chain facilities in the coming years.

Market Summary:

• The market has been segmented as cold chain storage and cold chain transportation. Currently, cold chain storage dominates the market, holding the largest share.
• Based on the product type, the market has been segmented as fruits and vegetables, meat and fish, dairy products and healthcare products.
• The private sector currently represents the largest segment. It is followed by the cooperative sector and the public sector.
• The market has also been segmented on the basis of organised and unorganised sectors.
• The market has also been segmented on the basis of various states.
• The competitive landscape of the market has also been examined in the report and the profiles of key players have also been provided.

This report provides a deep insight into the Indian cold chain market covering all its essential aspects. This ranges from the macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian cold chain market in any manner.

Key Questions Answered in This Report:

• How has the Indian cold chain market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Indian cold chain market?
• What is the breakup of the Indian cold chain market on the basis of various sectors
• What is the breakup of the Indian cold chain market on the basis of various products?
• What is the breakup of the Indian cold chain market on the basis of various states?
• What are the various stages in the value chain of the Indian cold chain industry?
• What are the key driving factors and challenges in the Indian cold chain industry?
• What is the structure of the Indian cold chain industry and who are the key players?
• What is the degree of competition in the Indian cold chain market?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Indian Cold Chain Market
    5.1    Market Overview
    5.2    Market Performance
        5.2.1    Value Trends
        5.2.2    Volume Trends
    5.3    Impact of COVID-19
    5.4    Market Breakup by Segment
    5.5    Market Breakup by Product
    5.6    Market Breakup by Sector
    5.7    Market Breakup by State
    5.8    Market Forecast
    5.9    SWOT Analysis
        5.9.1    Overview
        5.9.2    Strengths
        5.9.3    Weaknesses
        5.9.4    Opportunities
        5.9.5    Threats
    5.10    Value Chain Analysis
        5.10.1    Overview
        5.10.2    Procurement
        5.10.3    Transport
        5.10.4    Storage
        5.10.5    Transport
        5.10.6    End Customer
    5.11    Porters Five Forces Analysis
        5.11.1    Overview
        5.11.2    Bargaining Power of Buyers
        5.11.3    Bargaining Power of Suppliers
        5.11.4    Degree of Competition
        5.11.5    Threat of New Entrants
        5.11.6    Threat of Substitutes
6    Market Breakup by Segment
    6.1    Cold Chain Storage
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Cold Chain Transportation
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Product
    7.1    Fruits and Vegetables
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Meat and Fish 
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Dairy Products
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Healthcare Products 
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Sector
    8.1    Private
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Cooperative
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Public
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by State
    9.1    Uttar Pradesh
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    West Bengal
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Punjab
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Gujarat
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Bihar
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Andhra Pradesh
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Madhya Pradesh
        9.7.1 Market Trends
        9.7.2 Market Forecast
    9.8    Maharashtra
        9.8.1 Market Trends
        9.8.2 Market Forecast
    9.9    Karnataka
        9.9.1 Market Trends
        9.9.2 Market Forecast
    9.10    Haryana
        9.10.1 Market Trends
        9.10.2 Market Forecast
    9.11    Chhattisgarh
        9.11.1 Market Trends
        9.11.2 Market Forecast
    9.12    Rajasthan
        9.12.1 Market Trends
        9.12.2 Market Forecast
    9.13    Orissa
        9.13.1 Market Trends
        9.13.2 Market Forecast
    9.14    Tamil Nadu
        9.14.1 Market Trends
        9.14.2 Market Forecast
    9.15    Others
        9.15.1 Market Trends
        9.15.2 Market Forecast
10    Market Breakup by Organised and Unorganised
    10.1    Organised
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Unorganised
        10.2.1 Market Trends
        10.2.2 Market Forecast
11    Competitive Landscape
    11.1    Market Structure
    11.2    Key Players
    11.3    Profiles of Key Players 

List of Figures

Figure 1: India: Cold Chain Market: Major Drivers and Challenges
Figure 2: India: Cold Chain Market: Sales Value (in Billion INR), 2014-2019
Figure 3: India: Cold Chain Market: Volume Trends (in Million Metric Tons), 2014-2019
Figure 4: India: Cold Chain Market: Breakup by Segment (in %), 2019
Figure 5: India: Cold Chain Market: Breakup by Product (in %), 2019
Figure 6: India: Cold Chain Market: Breakup by Sector (in %), 2019
Figure 7: India: Cold Chain Market: Breakup by State (in %), 2019
Figure 8: India: Cold Chain Market: Breakup by Organised/Unorganised (in %), 2019
Figure 9: India: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 10: India: Cold Chain Market Forecast: Volume Trends (in Million Metric Tons), 2020-2025
Figure 11: India: Cold Chains Industry: SWOT Analysis
Figure 12: India: Cold Chains Industry: Value Chain Analysis
Figure 13: India: Cold Chains Industry: Porter’s Five Forces Analysis
Figure 14: India: Cold Chain Market (Cold Chain Storage): Sales Value (in Billion INR), 2014 & 2019
Figure 15: India: Cold Chain Market Forecast (Cold Chain Storage): Sales Value (in Billion INR), 2020-2025
Figure 16: India: Cold Chain Market (Cold Chain Transportation): Sales Value (in Billion INR), 2014 & 2019
Figure 17: India: Cold Chain Market Forecast (Cold Chain Transportation): Sales Value (in Billion INR), 2020-2025
Figure 18: India: Cold Chain Market (Fruits and Vegetables): Sales Value (in Billion INR), 2014 & 2019
Figure 19: India: Cold Chain Market Forecast (Fruits and Vegetables): Sales Value (in Billion INR), 2020-2025
Figure 20: India: Cold Chain Market (Meat and Fish): Sales Value (in Billion INR), 2014 & 2019
Figure 21: India: Cold Chain Market Forecast (Meat and Fish): Sales Value (in Billion INR), 2020-2025
Figure 22: India: Cold Chain Market (Dairy Products): Sales Value (in Billion INR), 2014 & 2019
Figure 23: India: Cold Chain Market Forecast (Dairy Products): Sales Value (in Billion INR), 2020-2025
Figure 24: India: Cold Chain Market (Healthcare Products): Sales Value (in Billion INR), 2014 & 2019
Figure 25: India: Cold Chain Market Forecast (Healthcare Products): Sales Value (in Billion INR), 2020-2025
Figure 26: India: Cold Chain Market (Private Sector): Sales Value (in Billion INR), 2014 & 2019
Figure 27: India: Cold Chain Market Forecast (Private Sector): Sales Value (in Billion INR), 2020-2025
Figure 28: India: Cold Chain Market (Cooperative Sector): Sales Value (in Billion INR), 2014 & 2019
Figure 29: India: Cold Chain Market Forecast (Cooperative Sector): Sales Value (in Billion INR), 2020-2025
Figure 30: India: Cold Chain Market (Public Sector): Sales Value (in Billion INR), 2014 & 2019
Figure 31: India: Cold Chain Market Forecast (Public Sector): Sales Value (in Billion INR), 2020-2025
Figure 32: Uttar Pradesh: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 33: Uttar Pradesh: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 34: West Bengal: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 35: West Bengal: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 36: Punjab: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 37: Punjab: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 38: Gujarat: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 39: Gujarat: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 40: Bihar: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 41: Bihar: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 42: Andhra Pradesh: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 43: Andhra Pradesh: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 44: Madhya Pradesh: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 45: Madhya Pradesh: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 46: Maharashtra: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 47: Maharashtra: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 48: Karnataka: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 49: Karnataka: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 50: Haryana: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 51: Haryana: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 52: Chhattisgarh: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 53: Chhattisgarh: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 54: Rajasthan: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 55: Rajasthan: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 56: Orissa: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 57: Orissa: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 58: Tamil Nadu: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 59: Tamil Nadu: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 60: Others: Cold Chain Market: Sales Value (in Billion INR), 2014 & 2019
Figure 61: Others: Cold Chain Market Forecast: Sales Value (in Billion INR), 2020-2025
Figure 62: India: Cold Chain Market (Organised): Sales Value (in Billion INR), 2014 & 2019
Figure 63: India: Cold Chain Market Forecast (Organised): Sales Value (in Billion INR), 2020-2025
Figure 64: India: Cold Chain Market (Unorganised): Sales Value (in Billion INR), 2014 & 2019
Figure 65: India: Cold Chain Market Forecast (Unorganised): Sales Value (in Billion INR), 2020-2025

List of Tables

Table 1: India: Cold Chain Market: Key Industry Highlights, 2019 and 2025
Table 2: India: Cold Chain Market Forecast: Breakup by Segment (in Billion INR), 2020-2025
Table 3: India: Cold Chain Market Forecast: Breakup by Commodity (in Billion INR), 2020-2025
Table 4: India: Cold Chain Market Forecast: Breakup by Sector (in Billion INR), 2020-2025
Table 5: India: Cold Chain Market Forecast: Breakup by State (in Billion INR), 2020-2025
Table 6: India: Cold Chain Market Forecast: Breakup by Organised/Unorganised (in Billion INR), 2020-2025
Table 7: India: Cold Chain Market: Competitive Structure
Table 8: India: Cold Chain Market: Key Players