#Indonesia Cold Chain Logistics Market
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Indonesia Cold Chain Logistics Market Scope, Trends, Report 2023-2030
BlueWeave Consulting, a leading strategic consulting, and Market research firm, in its recent study, estimated Indonesia Cold Chain Logistics Market size by value at USD 4.97 billion in 2023.During the forecast period between 2024 and 2030, BlueWeave expects Indonesia Cold Chain Logistics Market size to expand at a CAGR of 10.60% reaching a value of USD 10.22 billionin 2030. Indonesia Cold Chain Logistics Market is driven by the increasing demand for temperature-sensitive products like pharmaceuticals, fresh food, and frozen goods. Rising consumer awareness of food safety and quality standards boosts demand for advanced cold chain solutions. Additionally, the expansion of e-commerce and online grocery platforms is fueling the need for efficient cold storage and transportation. Government initiatives to improve infrastructure, including cold storage facilities and transportation networks, further support market growth in Indonesia.
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Opportunity – Implementing Advanced Technologies like IoT, AI, and Blockchain
The integration of advanced technologies such as IoT, AI, and blockchain is significantly driving the growth of Indonesia Cold Chain Logistics Market. IoT-enabled sensors enhance real-time monitoring of temperature and humidity, ensuring product integrity. AI-driven predictive analytics optimize route planning and reduce delivery times, while blockchain provides secure and transparent tracking of goods throughout the supply chain. These technologies improve operational efficiency, reduce losses, and increase trust among stakeholders, boosting market demand.
Impact of Escalating Geopolitical Tensions on Indonesia Cold Chain Logistics Market
Escalating geopolitical tensions impact Indonesia Cold Chain Logistics Market by disrupting supply chains and increasing costs due to trade restrictions and tariffs. These tensions can lead to delays in the delivery of goods, impacting the efficiency of cold chain operations. Companies may face higher transportation and compliance costs, which could be passed on to consumers. Additionally, uncertainties may deter foreign investments and complicate cross-border logistics, affecting market stability and growth.
Indonesia Cold Chain Logistics Market
Indonesia Cold Chain Logistics Market – By Application
By application, Indonesia Cold Chain Logistics Market is divided into Horticulture (Fresh Fruits & Vegetables), Dairy Products (Milk, Butter, Cheese, Ice Cream, etc.), Fish, Meat, and Poultry, Processed Food Products, Pharma and Life Sciences, Other Applications (Chemicals, Bakery Product, etc.) segments. The fish, meat, and poultry segment is the largest in Indonesia Cold Chain Logistics Market. This dominance is driven by the high demand for temperature-sensitive food products, particularly seafood, and meat, which require efficient cold chain logistics to maintain quality and safety. Indonesia’s significant consumption of fish and meat, along with growing exports, further boosts this segment, making it the leading contributor within the market compared to other segments like horticulture and dairy products.
Competitive Landscape
Indonesia Cold Chain Logistics Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Kiat Ananda Group, Enseval Putra Megatrading Tbk, PT MGM Bosco Logistics Bekasi, GAC Samudera Logistics, Pluit Cold Storage PT., PT. International Mega Sejahtera, YCH Group, PT. Wira Logitama Saksama, PT. Agility International, PT Halal Logistic Multi Terminal Indonesia, PT Dua Putra Perkasa Pratama, and other prominent players. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Indonesia Cold Chain Logistics Market.
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#Indonesia Cold Chain Logistics Market#Indonesia Cold Chain Logistics Industry#Cold Chain Logistics Market#Cold Chain Logistics Industry#Cold Chain Logistics Market Size#Cold Chain Logistics Market Share
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Fruit Juice Market Financial Health: Trends, Growth Drivers, and Global Market Forecast Overview
The fruit juice market is an ever-evolving industry driven by shifting consumer preferences, technological advancements, and health consciousness. Understanding the financial health of this dynamic sector is critical for stakeholders, including manufacturers, distributors, and investors. This blog delves into the current state of the fruit juice market, highlighting revenue trends, challenges, emerging opportunities, and future projections.
Global Market Trends and Growth Drivers
The fruit juice industry has been experiencing steady growth, with consumer demand rising due to increased awareness about the benefits of natural and organic products. In addition, the integration of functional ingredients like vitamins, minerals, and probiotics is boosting product appeal. Global consumption reached record highs in the last decade, with developing economies, such as India, Brazil, and Indonesia, contributing significantly to market expansion.
The expansion of e-commerce and direct-to-consumer channels further supports sales. In urban areas, single-serve and ready-to-drink juice formats have surged in popularity due to their convenience.
Financial Performance Overview
The market's financial health has been resilient despite challenges such as raw material shortages, transportation costs, and price volatility. Key market players such as Coca-Cola, PepsiCo, and Tropicana have consistently reported healthy margins owing to diversified product lines and innovative branding strategies.
Revenue generation globally is expected to surpass $140 billion by 2025, with a compound annual growth rate (CAGR) of approximately 4.7%. Product premiumization—targeting niche, high-spending demographics—has been instrumental in achieving this financial stability.
Challenges Facing the Fruit Juice Market
Raw Material Dependency: The market's reliance on seasonally produced fruits makes it susceptible to supply chain disruptions.
Competition with Alternatives: Plant-based beverages and flavored water continue to compete strongly for market share.
Regulatory Pressures: Increasing scrutiny over sugar levels in fruit juice has led governments worldwide to impose regulations affecting profitability.
Despite these hurdles, market participants have proven adaptable by reformulating products to reduce sugar content and incorporating sustainable business practices.
Emerging Opportunities
Technological Innovations: Cold-pressed juices and advanced preservation methods are redefining product quality and longevity.
Personalized Nutrition: Brands incorporating AI-based customization into fruit juice offerings gain a competitive edge by catering to individual dietary needs.
Sustainability: Businesses prioritizing eco-friendly packaging and responsible sourcing stand out in an environmentally conscious market.
Developing regions present enormous growth potential, with increasing disposable incomes and improving cold chain logistics fueling fruit juice consumption.
Future Outlook
The fruit juice market is positioned for continuous growth, propelled by health-focused innovations and expanding middle-class populations in emerging economies. Stakeholders aiming to thrive in this sector must balance cost-efficiency, product differentiation, and sustainability. Collaborating with local suppliers and leveraging digital marketing tools can unlock unexplored market segments.
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Asia Pacific Vaccine Market Size, Share, Growth, Segment, Analysis, & Future Outlook | 2024-2032
The Asia Pacific vaccine market has become one of the most dynamic and essential segments in global healthcare. Valued at USD 4.56 billion in 2023, the market is experiencing rapid growth due to several key factors, including a rise in the incidence of infectious diseases, advancements in vaccine technologies, and an increase in vaccination programs across countries. As the region continues to face evolving public health challenges, the demand for vaccines is expected to grow at a CAGR of 7.8% from 2024 to 2032, reaching nearly USD 8.95 billion by 2032. This article explores the key drivers, trends, and future prospects of the Asia Pacific vaccine market, with a particular focus on its market segmentation, innovations, challenges, opportunities, and leading players.
The Asia Pacific Vaccine Market
Vaccines play a critical role in preventing infectious diseases and reducing public health risks. In recent years, the Asia Pacific region has seen significant improvements in vaccine accessibility, development, and distribution. Governments, international organizations, and healthcare providers are increasingly focusing on enhancing immunization programs to tackle both new and existing health threats. The growing prevalence of infectious diseases, particularly in low and middle-income countries, has contributed to the surge in vaccine demand.
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With increasing healthcare expenditure and a greater focus on preventive medicine, the Asia Pacific vaccine market is poised for sustained growth. The market includes a wide variety of vaccines such as pediatric vaccines, adult vaccines, and travel vaccines. The use of vaccines to combat diseases such as influenza, hepatitis, pneumonia, and HPV has become widespread, making it a crucial area in the healthcare ecosystem.
Key Market Drivers
Rising Incidence of Infectious Diseases Infectious diseases continue to pose a significant threat to public health in many Asia Pacific countries. The incidence of diseases such as COVID-19, dengue fever, measles, and tuberculosis is driving increased demand for vaccines. Rapid population growth, urbanization, and climate change are expected to further exacerbate the spread of infectious diseases, thereby pushing for greater immunization efforts.
Technological Innovations in Vaccine Development Over the past decade, there have been substantial advancements in vaccine technology, particularly with the development of mRNA vaccines and nanotechnology-based vaccines. These innovations are making vaccines more effective, faster to develop, and more scalable. The success of COVID-19 vaccines, particularly mRNA-based vaccines, has paved the way for future innovations, significantly influencing the growth trajectory of the vaccine market.
Government Initiatives and Immunization Programs Governments in the Asia Pacific region are increasingly investing in national immunization programs to protect their populations from infectious diseases. India, China, and Indonesia have particularly made significant strides in enhancing their immunization schedules. Additionally, organizations such as the World Health Organization (WHO) and Gavi, the Vaccine Alliance are playing a vital role in providing vaccines to underserved regions, further bolstering vaccine uptake.
Improved Healthcare Infrastructure The growth of the healthcare sector, especially in emerging markets within Asia Pacific, has facilitated better access to vaccines. Advances in cold chain logistics, along with improvements in healthcare facilities and medical personnel, have made vaccine distribution more efficient and widespread.
Growing Public Awareness As awareness about the benefits of vaccination grows, more people are opting for vaccination as a preventive health measure. Public education campaigns and increased access to information about vaccine safety and efficacy are contributing to higher vaccination rates in countries like Japan, South Korea, and Australia.
Market Segmentation
The Asia Pacific vaccine market can be segmented based on type of vaccine, disease indication, age group, and distribution channel.
By Type of Vaccine
Live Attenuated Vaccines These vaccines contain live bacteria or viruses that have been weakened. They stimulate a strong immune response and are commonly used for diseases like measles, mumps, and yellow fever.
Inactivated Vaccines Inactivated vaccines contain viruses or bacteria that have been killed. These vaccines are used to protect against diseases such as polio, hepatitis A, and rabies.
Subunit, Recombinant, and Conjugate Vaccines These vaccines use parts of the virus or bacteria (such as proteins) to trigger an immune response. They are used for diseases like HPV, pneumonia, and meningitis.
mRNA Vaccines The newer class of vaccines that have gained prominence due to their use in COVID-19 vaccination. These vaccines work by instructing cells to produce a protein that triggers an immune response.
By Disease Indication
Pediatric Vaccines Vaccines administered to children to protect them from diseases such as diphtheria, whooping cough, tuberculosis, and rotavirus.
Adult Vaccines Vaccines designed for adults, including influenza vaccines, pneumococcal vaccines, and hepatitis vaccines.
Travel Vaccines Vaccines that are recommended for individuals traveling to regions with high incidences of diseases like malaria, yellow fever, and hepatitis A.
By Age Group
Infants and Children
Adults
Geriatrics
By Distribution Channel
Hospitals
Clinics
Retail Pharmacies
Online Pharmacies
Regional Analysis
The Asia Pacific vaccine market is driven by several countries, each contributing differently based on their healthcare needs, infrastructure, and public health challenges.
China: With the largest population in the world, China is a dominant player in the vaccine market. The government’s strong support for immunization programs and investments in healthcare infrastructure have made it a significant contributor to market growth.
India: India’s growing healthcare expenditure and improving immunization rates have made it one of the fastest-growing vaccine markets in the region. The country is also a major producer of vaccines, with companies like Serum Institute of India playing a key role.
Japan and South Korea: Both countries have advanced healthcare systems and are leading the way in vaccine innovation, particularly with the use of mRNA vaccines. South Korea is also emerging as a hub for vaccine manufacturing.
Australia and New Zealand: These countries have well-established healthcare systems and are investing heavily in vaccine research, particularly in flu and HPV vaccines.
Southeast Asia: Countries like Indonesia, Vietnam, and the Philippines are seeing rapid growth in vaccine demand due to rising awareness and expanding public health programs.
Challenges and Opportunities
Challenges:
Cold Chain Logistics: Ensuring proper storage and transportation of vaccines, especially in remote areas, remains a challenge. The requirement for refrigerated storage is critical for many vaccines, which can limit access in regions with poor infrastructure.
Vaccine Hesitancy: Despite increased awareness, vaccine hesitancy remains a significant challenge in some regions, particularly regarding COVID-19 vaccines and HPV vaccines.
Cost Constraints: Vaccines can be expensive, particularly for newer technologies like mRNA vaccines. Low-income countries may struggle to afford these vaccines without international support.
Opportunities:
Vaccine Innovation: Continued innovation in vaccine technology presents opportunities for faster, more effective vaccines. Technologies such as nanotechnology and DNA vaccines may open new doors for treating both infectious and non-infectious diseases.
Public Health Initiatives: Governments and international organizations are increasing their focus on improving immunization rates, offering numerous opportunities for vaccine manufacturers to expand their presence.
Expansion of Routine Immunization: Expanding routine immunization to include more diseases, particularly in underserved populations, offers an avenue for market expansion.
Key Players in the Asia Pacific Vaccine Market
Several leading players are actively shaping the Asia Pacific vaccine market by investing in research and development, forging strategic partnerships, and expanding manufacturing capabilities.
Serum Institute of India The Serum Institute of India is the world’s largest producer of vaccines by volume. The company plays a critical role in supplying affordable vaccines to both developed and developing nations.
Sinovac Biotech Known for its COVID-19 vaccine, CoronaVac, Sinovac is one of China’s largest vaccine manufacturers, focusing on vaccines for diseases such as hepatitis A, flu, and influenza.
GlaxoSmithKline (GSK) A major player in the global vaccine market, GSK offers vaccines for diseases like rotavirus, influenza, and pneumococcal disease.
Pfizer-BioNTech The Pfizer-BioNTech partnership gained global attention with the development of the first mRNA COVID-19 vaccine. Pfizer continues to lead in innovation, particularly in adult vaccination and COVID-19 boosters.
Sanofi Pasteur Sanofi Pasteur is a key player in the vaccine space, offering vaccines for pneumonia, yellow fever, and meningitis.
Novavax Novavax, known for its protein-based COVID-19 vaccine, is expanding its portfolio to include vaccines for flu, RSV, and Ebola.
Bharat Biotech Another prominent player in India, Bharat Biotech is known for its Covaxin COVID-19 vaccine and other vaccines targeting rotavirus and Hepatitis B.
FAQs
What factors are driving the growth of the Asia Pacific vaccine market? The market is driven by the increasing incidence of infectious diseases, advancements in vaccine technology, growing government immunization programs, and improved healthcare infrastructure.
What is the expected growth rate of the Asia Pacific vaccine market from 2024 to 2032? The market is expected to grow at a CAGR of 7.8% during the forecast period, reaching nearly USD 8.95 billion by 2032.
Which countries are the major contributors to the Asia Pacific vaccine market? Major contributors include China, India, Japan, South Korea, and countries in Southeast Asia.
What are the challenges in the Asia Pacific vaccine market? Challenges include cold chain logistics, vaccine hesitancy, and the high cost of newer vaccines, particularly in low-income regions.
Who are the key players in the Asia Pacific vaccine market? Key players include Serum Institute of India, Sinovac Biotech, GSK, Pfizer-BioNTech, Sanofi Pasteur, Novavax, and Bharat Biotech.
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Amphibious Vehicles for Disaster Relief and Emergency Medicine by Richard Coe in Journal of Clinical Case Reports Medical Images and Health Sciences
Abstract
Keywords: Amphibious, Disaster relief, Emergency medicine.
Abbreviation: NGO: nongovernmental organization
Dear Editor,
With the increasing frequency and severity of extreme weather events, there is a compelling case to be made for the use of amphibious vehicles in natural as well man-made disasters and emergencies. Applications range from the supply of humanitarian logistics, water production, and in particular – mobile medical units. These could form a very efficient first response capability for prehospital and Emergency Medical Services and enable access to areas cut off by flooding, assist coastal and island communities, and negotiate natural boundaries such as rivers or where bridges have been compromised.
Current amphibious response capacity is primarily conducted by military units which is costly in the first instance and the use of uniformed personnel with military hardware can be perceived in a negative light by those in need. There is a limited period that naval and auxiliary vessels can remain on locations as these are strategic assets and will need to return to their primary roles in the country of origin. This is further compounded by the blanket refusal of some major relief nongovernmental organizations (NGOs) to work alongside any military entity. There have been cases of retired vintage amphibious vehicles for tours used in hurricane response efforts in the US but with limited effect given the age and general unreliability of the equipment.
Tortuga Amphibious Vehicles aim to address this by utilizing modern, mass-produced donor chassis types, which are readily supported with spares and repair. The conversion process from donor to finished unit is also a very cost-effective approach, avoiding the need to design and build from scratch. Several types have been exported overseas to date, including two units for an evacuation center in Manila, and a number of communities have been reached with medical supplies ad water that were isolated by flooding in China by the Red Cross. The response vehicles can be deployed by sea to coastal and island communities by any number of civilian vessels of opportunity to promote a rapid first response. Similarly, as capable off-road vehicles, they can penetrate any inland areas and be independent of bridges where these may have been impacted. The concept also puts a very capable amphibious response solely in civilian hands, including local personnel as operators, which would offer employment opportunities. The problem of deploying units to disaster sites can be addressed by the use of laid up offshore supply vessels of which there is a global over-supply due to the fluctuating oil price. There are large numbers of these ships in storage around the world, crucially in areas affected by natural disasters such as Indonesia, the Caribbean, and Africa that could be re-purposed cost effectively. This has been the subject of several studies and we are in discussion with a large shipbroker in Singapore to examine this in more detail.
Advances in scaling down of medical devices in size means that a single vehicle could be very well-equipped to deal with a range of prehospital and medical emergencies. Battery powered x-ray systems along with handheld ultrasound imaging machines to name but two examples enable portability on and off the vehicle and would complement standard emergency medical equipment. There are now ultra-low temperature portable fridges on the market which are battery powered with solar capacity and extremely effective in maintaining cold chains. Vaccine roll-out to remote, rural communities would also be a key feature of amphibious operations and could be used to expand COVID-19 vaccination as well as conventional immunization programs that have been suspended due to the pandemic. Having the means to maintain ultra-low temperatures on board the vehicle outside of urban and peri-urban settings where distributed grid power might also be fragile could make significant advances in protection against Ebola virus and others, helping contain outbreaks.
There have been several events in the past few years where this capability would have been welcome, and this has been expressed by a number of individuals attending AidEx in Brussels and the International Disaster Response Expo in London, both in late 2018.
Large areas of the Philippines devastated by Typhoon Haiyan in 2013 could have been serviced by amphibious clinics, able to reach outlying islands in need. Their deployment would have complemented helicopter operations which were extremely stretched at the time and were in any case very costly to run and maintain and there were several cases of air accidents. Water production equipment mounted to the vehicles would have been of particular benefit as solar powered reverse osmosis plant would be capable of making water from a variety of fresh, brackish and salt sources. With correct pre-filtering, contaminated water could offer a viable feedstock.
In 2018, the island of Sulawesi in Indonesia was impacted by a tsunami with the city of Palu badly affected. The airport was forced to close as a result of a 500m crack in the runway. Port and harbor infrastructures were also damaged, and a major bridge collapsed. All of this affected the scale and speed of the response with the traditional focus on airlifts. Many of the beaches close to affected areas were ideal landing points for an amphibious vehicle, which deployed off vessels readily able to reach the area, could have made a profound difference, bypassing the need for harbor and airport facilities. Hospitals were also damaged with victims having to be treated in the open or in tents and under canvas. A self-contained mobile clinic would have proved very effective and would have the means to refuel and resupply from assistance vessels offshore that were unable to dock. This would ensure continued effectiveness.
Hurricane Dorian in the Bahamas in 2019 was another example of damage to harbors and airports which hampered aid efforts. A responder who was involved was certain that having amphibious capability would have proved extremely useful transferring relief material and supplying emergency medical aid from offshore assets and also able to move with relative ease between islands.
Most recently was the case of the earthquake and subsequent tropical storm in Haiti which affected the Southwest peninsula. Relief and medical aid were focused on delivery to the capital before being trucked out, but was compromised by criminal gangs stopping convoys leaving Port au Prince. Perversely, the follow-on tropical storm washed away bridges and roads leading to the affected areas. This again would have been a strong case for the use of amphibious vehicles which would have been able to insert medical and relief aid exactly where and when needed, with good landing points around the peninsular all close to the points of need. This would avoid having to negotiate the many obstacles that distributing efforts from the capital posed and so increase efficiency of response.
But medicine does not pay attention to this, because it is engaged in business. In the first place in terms of mortality are violations of arterial blood flow. This is ischemia of the heart, lower extremities and the naked brain. But no one sees that the cause is a violation of the outflow of venous blood - the biomechanics of walking. Violation of the sequence of muscle contraction also leads to overload of the central nervous system, which began to be noted as chronic fatigue syndrome.
The process of walking upright, maintaining a stable position of the body is carried out according to the addition of inherent, unconditioned reflexes independent of our desires. Therefore, a violation of walking in the case of deformities of the feet leads to a change in the position of the bones in all the higher lying joints of the skeleton and a violation of the contractile pumping function of the muscles. The body perceives changes in walking for a dance, which leads to overloads of the Central Nervous System. You just stood on your heel, and the signal from the mechanoreceptors under your fingers says you are already pushing, jumping.
Another case, not associated with a disaster scenario, was related to us by an NGO working in Mozambique. It concerned a consignment of vaccines for a clinic in a very remote area of the country that were collected at the airport in the capital by truck. As the condition of the roads rapidly deteriorated not far from the city center, the load was then transferred to taxis able to make better progress with the conditions. This was then repeated with the use of motorbikes which were able to cope with the worst of the roads where cars were not practical. However, when faced with one of the rivers on the route, the load was again transferred to canoes and once on the opposite bank, it was a case of hand carrying the cool boxes to the end user. At each point where the load was transferred to a different mode of transport, the cold chain was put at risk as well as the coolboxes themselves which could have been lost or damaged. This could be avoided if using an amphibian fitted with reliable on-board generation and backed up by solar and battery banks as a means of redundant supply. A vehicle could receive vaccines and medicine at the point of origin, such as the airport, and then be able to travel to the point of end-use without the need to transfer the load. This would be crucial in maintaining and guaranteeing vital cold chains including ultra-low applications.
We have the support of the Humanitarian Logistics Association (Corby, Northants, UK) and are now at the point where we intend to ship a test vehicle to Thailand or Indonesia and run a series of demonstration trials for relevant interested parties. These will be used to test techniques and equipment and develop standard operating procedures along with a breakdown of running and maintenance costs during deployment. This would lead to accurately quantifying all aspects of a response of this kind which can be shared with potential adopters to compare against standard response types and costs.
We would welcome the opportunity to collaborate with NGOs and government agencies in these trials, if possible. Advisors include a very well-respected doctor in Jakarta who has long been involved with emergency medicine in the region and is assisting with the design and layout of the clinical aspect of the vehicle, including the equipment that could be installed and carried. A large solar energy training provider in the US is happy to be involved in the design of the solar power requirements and we are investigating the potential use of hydrogen fuel cells for clean, quiet power production These are silent and do not produce emissions such as carbon monoxide, making them ideal for use in confined areas.
#Amphibious#Disaster relief#Emergency medicine#Journal of Clinical Case Reports Medical Images and Health Sciences.#jcrmhs
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Dairy Concentrates Market Forecast: Trends and Growth Projections
The global dairy concentrates market has experienced significant growth in recent years, driven by factors such as increasing consumer demand for convenient, value-added products, and innovations in dairy processing. Dairy concentrates, which include milk powders, condensed milk, evaporated milk, and whey concentrates, are used in various applications, ranging from infant formula to dairy-based beverages and processed food products. The forecast for the dairy concentrates market indicates continued expansion, underpinned by shifts in consumer preferences, rising health consciousness, and technological advancements in dairy processing.
Key Market Drivers
Consumer Demand for Convenience The ongoing trend toward convenience is a major driver for the dairy concentrates market. Busy lifestyles and the increasing adoption of ready-to-consume products have led consumers to prefer concentrated dairy options that are quick to prepare and require minimal storage space. Powdered milk, for instance, is highly favored for its long shelf life and versatility, especially in developing regions.
Growing Demand for Nutritional and Fortified Dairy Products Consumers are increasingly focused on health and nutrition, contributing to the demand for dairy concentrates enriched with vitamins, minerals, and other essential nutrients. Dairy concentrates, particularly in the form of powdered milk, provide a quick and easy source of protein, calcium, and other nutrients vital for various age groups. Moreover, the demand for dairy-based supplements for infants and the elderly is expected to further boost market growth.
Rising Population and Urbanization The global population is expected to continue growing, particularly in developing countries, where urbanization and rising disposable incomes are expanding the middle class. These demographic changes are expected to drive demand for dairy concentrates, particularly in emerging economies in Asia-Pacific, Latin America, and Africa. With more people moving to urban centers, the need for dairy products in smaller, more accessible forms, such as milk powders and condensed milk, is anticipated to rise.
Technological Advancements Technological innovations in dairy processing are improving the production and quality of dairy concentrates, making them more cost-effective and accessible. Advances in spray-drying technology, which is used to produce milk powder, have enabled manufacturers to improve the texture, taste, and solubility of their products. Additionally, innovations such as cold chain logistics and enhanced packaging are helping to extend the shelf life of dairy concentrates and improve distribution channels, particularly in remote regions.
Market Challenges
While the dairy concentrates market shows promising growth, it faces several challenges:
Price Volatility in Raw Materials The price of raw materials such as milk and whey can fluctuate significantly due to factors such as climate conditions, government policies, and changes in supply-demand dynamics. These price fluctuations impact the cost structure of dairy concentrate manufacturers and, in turn, affect the overall market price. Manufacturers must navigate these volatility issues while ensuring product affordability for consumers.
Health Concerns Over Dairy Despite the increasing demand for dairy concentrates, some consumers are shifting away from traditional dairy products due to concerns over lactose intolerance, allergies, and vegan diets. This has led to the growth of plant-based alternatives. While dairy concentrates are still in high demand, these shifting consumer preferences present a challenge for dairy manufacturers, prompting the need for innovation and diversification into non-dairy products.
Regional Outlook
Asia-Pacific Asia-Pacific is expected to dominate the global dairy concentrates market during the forecast period. Countries such as China, India, and Indonesia are seeing rapid urbanization and growth in disposable income, leading to increased demand for dairy-based products, including concentrates. The region's growing population, coupled with an increasing preference for dairy as a source of nutrition, is anticipated to drive market growth.
North America and Europe The North American and European markets are mature but remain significant players in the global dairy concentrates market. In these regions, dairy concentrates are primarily used in the food and beverage industry, particularly in confectionery, dairy-based beverages, and infant formulas. Increased health awareness and demand for nutritional products are likely to sustain growth in these regions, with more emphasis on organic and fortified dairy concentrates.
Conclusion
The dairy concentrates market is poised for continued growth, driven by consumer demand for convenience, health-conscious products, and population growth. While challenges such as price volatility and dietary shifts may impact the market, technological advancements and innovations in dairy processing are expected to support the market’s expansion. The increasing demand for fortified and nutritional dairy products, especially in emerging economies, positions dairy concentrates as a key player in the global food and beverage industry in the coming years.
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The Growing Fruit Import Market in Indonesia: Trends and Key Players
Indonesia, renowned for its tropical bounty, is home to a variety of exotic fruits such as mangosteen (Manggis), snake fruit (Salak), dukuh, and sirsak. Despite its rich agricultural landscape, the country has emerged as one of the world's leading fruit importers, driven by a growing population and increasing consumer demand for high-quality, fresh produce. This article explores the dynamics of Indonesia's fruit import market, the key players involved, and the logistics of shipping through its major ports.
Why Does Indonesia Import Fruits?
Indonesia's fruit import landscape is shaped by several factors:
High Domestic Demand: Local farmers often struggle to meet the diverse preferences of consumers, leading to an influx of imported fruits.
Limited Cold Storage: The underdeveloped cold storage facilities hinder the preservation and transportation of perishable goods.
Logistics Challenges: Inadequate infrastructure raises logistics costs, complicating the supply chain for fresh produce.
Handling Practices: Outdated handling methods for fresh fruits contribute to the need for imports.
Despite being a top global producer of tropical fruits such as avocados, pineapples, and bananas, Indonesia imports significant quantities to satisfy both local and international demands.
Fruit Imports Overview
In the 2023-2024 period, Indonesia imported 361 shipments of fruit, primarily from countries like Australia, Thailand, and China. The total value of fruit imports was estimated at $1.45 billion, with apples, grapes, pears, cherries, oranges, and mandarins leading the list of imported fruits.
Key Import Statistics:
Top Tropical Fruits: Mangosteen, snake fruit, dukuh, rose apple, sirsak, and passionfruit.
Leading Import Countries: Australia, Thailand, China, and the United States.
Popular Imported Fruits and Varieties:
In the Indonesian fruit import market, several key fruits and their popular varieties stand out.
Apples
Apples, for instance, are imported mainly in varieties such as Fuji, Granny Smith, and Honeycrisp, with primary sourcing from China, the United States, and South Africa.
Grapes
Grapes come in red, green, and black varieties, primarily imported from Chile, Peru, and South Africa.
Pears
Pears, including Bartlett, Anjou, and Bosc varieties, are sourced mainly from China, the United States, and South Africa.
Cherries
Cherries, both sweet and sour, are predominantly imported from the United States, Chile, and Turkey.
Oranges
For oranges, popular varieties include Navel, Valencia, and blood oranges, mainly coming from the United States, Spain, and Brazil.
Mandarins
Lastly, mandarins, particularly tangerines and satsumas, are primarily imported from China, Spain, and Morocco.
This diverse range of fruits reflects the growing consumer demand for high-quality produce in Indonesia's market.
Leading Fruit Importers in Indonesia
Several companies dominate the fruit import market in Indonesia, sourcing high-quality produce from around the globe. Here are some key players:
PT Lock Lock Indonesia: The top importer, handling 40% of total shipments.
Pacific Supplies Company, Inc.: Shares a 40% market presence with two shipments.
PT Laris Manis Utama: Specializes in importing premium fruits such as grapes and apples.
PT Sewu Segar Nusantara: The sole distributor of Sunpride fruits, focusing on bananas and pineapples.
PT Matahari Sakti: Deals in both fresh and dried fruits from various international markets.
The Role of Indonesia's Shipping Ports
Efficient logistics are crucial for the success of fruit imports, and Indonesia's shipping infrastructure plays a vital role. The country's major sea and container ports facilitate the smooth movement of goods.
Key Shipping Ports in Indonesia:
Port of Tanjung Priok: The largest and busiest port, serving as the main gateway for imports and exports.
Port of Surabaya: A significant hub for shipping, especially for goods destined for eastern Indonesia.
Port of Makassar: Plays a crucial role in trade for the eastern regions of the archipelago.
These ports are equipped to handle a variety of shipping containers, ensuring that fresh produce arrives promptly and in optimal condition.
Final Thoughts
The increasing demand for diverse and high-quality fruits is driving the growth of Indonesia's fruit import market. Importers like PT Lock Lock Indonesia and PT Laris Manis Utama play pivotal roles in sourcing global fruits to meet local needs. As logistics and cold storage capabilities improve, Indonesia is set to continue enhancing its fruit import landscape.
For those interested in entering the Indonesian market or seeking insights on fruit importation, platforms like IndonesiaTradeData.com offer valuable resources and data, ensuring stakeholders are well-equipped to navigate this dynamic sector.
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The Rise of Onion Exporter Companies in India: A Comprehensive Overview
India, known as the land of spices and diverse agricultural products, holds a prominent position in the global market for various produce, especially onions. As a staple in culinary practices worldwide, the demand for onions has consistently soared, making it one of the most traded vegetables globally. Indian onion exporter companies have capitalized on this demand, playing a crucial role in the global supply chain. In this blog, we will explore the dynamics of onion exporting in India, the challenges faced by exporters, and the key players in the market.
1. India’s Dominance in Onion Production
India is the second-largest producer of onions in the world, contributing approximately 20-25% of the global output. The country's diverse climatic conditions and rich soil fertility make it an ideal place for onion cultivation. The major onion-producing states in India include Maharashtra, Karnataka, Gujarat, Bihar, and Madhya Pradesh. Among these, Maharashtra leads with the highest production, significantly contributing to India's export volume.
2. The Onion Export Market in India
India’s onion export market is vast, with the country exporting onions to over 90 countries. The key markets include Bangladesh, Malaysia, UAE, Sri Lanka, and Indonesia. Indian onions are popular globally due to their pungency, taste, and long shelf life. The different varieties, such as the Red Onion, White Onion, and Pink Onion, cater to diverse culinary preferences worldwide.
3. Key Players in the Indian Onion Export Market
Several companies in India have established themselves as leading onion exporters, known for their quality produce and robust supply chain mechanisms. Here are some key players:
Nashik-based exporters: Nashik, in Maharashtra, is often referred to as the onion capital of India. Companies from this region, such as Agrion, are known for their vast networks and efficient export processes.
Farmers Fresh Zone: This company has made a mark by promoting farm-to-fork supply, ensuring fresh onions are delivered to international markets.
Kinal Global Care Private Limited: Known for its commitment to quality, Kinal Global Care has a significant presence in the Middle East and Southeast Asia.
These companies are characterized by their strong logistics networks, adherence to quality standards, and commitment to maintaining the freshness of their produce.
4. Challenges Faced by Onion Exporters in India
Despite the lucrative opportunities in the global market, onion exporters in India face several challenges:
Price Volatility: The onion market is highly volatile, with prices fluctuating due to seasonal factors, domestic demand, and international market conditions. This volatility can impact the profitability of exporters.
Regulatory Hurdles: Indian onion exporters often grapple with government regulations, such as export bans or restrictions during periods of domestic shortage. These regulations, while aimed at stabilizing domestic prices, can disrupt export operations.
Quality Standards: Meeting the stringent quality and safety standards required by international markets is another challenge. Exporters must ensure that their produce is free from pests, has a uniform size, and meets the residue levels for pesticides.
Logistics and Transportation: Efficient transportation and storage are critical for maintaining the quality of onions during transit. Exporters need to invest in cold storage facilities and efficient logistics networks to prevent spoilage and ensure timely delivery.
5. Technological Advancements in Onion Exporting
To overcome these challenges, many Indian onion exporters are embracing technological advancements. The use of blockchain technology for traceability, automated sorting and grading machines, and digital platforms for market intelligence are helping companies streamline their operations and improve the quality of their exports.
Blockchain for Traceability: Blockchain technology allows exporters to provide detailed information about the origin, cultivation practices, and quality checks of the onions. This transparency builds trust with international buyers and ensures compliance with global standards.
Automated Sorting and Grading: Modern machinery enables precise sorting and grading of onions, ensuring that only the best quality produce reaches the international market. This automation reduces human error and enhances efficiency.
Digital Platforms: Exporters are increasingly using digital platforms to access real-time market data, price trends, and demand forecasts. This information helps them make informed decisions and optimize their supply chain.
6. Sustainability in Onion Exporting
Sustainability is becoming a critical aspect of the global food supply chain, and Indian onion exporters are not far behind in adopting sustainable practices. From reducing the use of pesticides to implementing water-efficient irrigation methods, companies are making efforts to minimize their environmental footprint.
Water-Efficient Irrigation: Onion cultivation requires significant water, and exporters are promoting drip irrigation and other water-saving technologies to conserve this vital resource.
Eco-Friendly Packaging: To reduce plastic waste, many exporters are shifting towards biodegradable packaging solutions. This move is not only environmentally friendly but also appeals to eco-conscious consumers in international markets.
7. The Future of Onion Exporting in India
The future of onion exporting in India looks promising, with several factors driving growth:
Rising Global Demand: With the global population increasing and more countries incorporating onions into their diets, the demand for Indian onions is expected to rise.
Expansion into New Markets: Indian exporters are exploring new markets in Europe, Africa, and North America, diversifying their customer base and reducing dependency on traditional markets.
Government Support: The Indian government is taking steps to support agricultural exports, including onions, through initiatives like the Agriculture Export Policy. This policy aims to boost export volumes and promote India as a global agricultural powerhouse.
8. Conclusion
Onion exporter companies in India play a vital role in the global agricultural landscape. Despite the challenges, the sector has shown resilience and adaptability, driven by technological advancements, a focus on quality, and a commitment to sustainability. As global demand for onions continues to grow, Indian exporters are well-positioned to capitalize on new opportunities and solidify their status as leading players in the international market.
India's onion export market is not just about trading a vegetable; it reflects the country's agricultural prowess, the entrepreneurial spirit of its exporters, and the global appeal of its produce. With continued innovation and support, Indian onion exporters are set to reach new heights in the coming years.
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Riding the Wave: Navigating the Asia-Pacific Shrimp Market amidst Changing Consumer Lifestyles
In the vast expanse of the Asia-Pacific region, where culinary traditions blend with modern tastes, the shrimp market stands as a testament to the region's rich gastronomic heritage. Shrimp, a delicacy enjoyed across continents, holds a special place on the plates of many Asian-Pacific consumers. However, as lifestyles evolve and preferences shift, the dynamics of the Asia-Pacific shrimp market are witnessing significant transformations.
Understanding the Asia-Pacific Shrimp Market
The Asia-Pacific shrimp market is a powerhouse in the global seafood industry, with countries like China, India, Thailand, Indonesia, and Vietnam leading the production and consumption charts. Blessed with abundant aquatic resources and a rich seafood culture, these nations have long been pivotal players in shaping the global shrimp trade.
Impact of Changing Consumer Lifestyles
Consumer lifestyles in the Asia-Pacific region are undergoing rapid changes, influenced by factors such as urbanization, globalization, health consciousness, and sustainability concerns. These shifts are leaving a profound impact on the shrimp market:
Health Consciousness: With growing awareness of health and nutrition, consumers are increasingly seeking healthier dietary options. Shrimp, being a low-calorie and high-protein food, perfectly aligns with these preferences. Consequently, there's a surge in demand for value-added shrimp products, such as peeled, deveined, and ready-to-cook variants, catering to time-pressed urban consumers.
Convenience: Busy lifestyles and changing eating habits have fueled the demand for convenient food solutions. Quick-cooking shrimp products, including pre-marinated or pre-seasoned varieties, are gaining popularity among consumers looking for hassle-free meal options without compromising on taste and quality.
Sustainability: Concerns over environmental sustainability and responsible sourcing are reshaping consumer choices. Sustainable shrimp farming practices, such as aquaculture certifications and organic farming methods, are becoming key differentiators for brands aiming to capture eco-conscious consumers. Additionally, there's a growing preference for traceable seafood supply chains, ensuring transparency and ethical sourcing practices.
Cultural Influences: Despite embracing global culinary trends, consumers in the Asia-Pacific region remain deeply rooted in their cultural traditions. Shrimp, being a versatile ingredient in Asian cuisines, continues to be an integral part of regional culinary heritage. From spicy Thai curries to Japanese sushi rolls, shrimp-based dishes hold a cherished place in the hearts and palates of consumers across Asia-Pacific.
Opportunities and Challenges
While changing consumer lifestyles present lucrative opportunities for players in the Asia-Pacific shrimp market, they also pose certain challenges:
Supply Chain Resilience: Ensuring a resilient and efficient supply chain is crucial to meet the evolving demands of consumers. Factors like transportation infrastructure, cold chain logistics, and seasonal fluctuations in shrimp production need to be carefully managed to maintain market competitiveness.
Quality and Safety Standards: Maintaining high standards of quality and safety is imperative to build consumer trust and loyalty. Stringent regulations, adherence to food safety protocols, and investments in quality assurance mechanisms are essential for market players to uphold their reputation in the industry.
Environmental Sustainability: Balancing the growing demand for shrimp with the need for environmental sustainability remains a pressing challenge. Addressing issues such as habitat degradation, water pollution, and disease management in shrimp farming is crucial to ensure the long-term viability of the industry.
Conclusion
The Asia-Pacific shrimp market stands at a crossroads, poised for growth amidst the winds of change blowing through consumer lifestyles. By embracing innovation, sustainability, and consumer-centric strategies, industry stakeholders can capitalize on emerging opportunities and navigate the complexities of the market landscape. As the region continues to evolve, one thing remains certain – the enduring allure of shrimp will continue to captivate the taste buds of consumers across Asia-Pacific and beyond.
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Indonesia Cold Storage Market 2023: Unveiling Growth Opportunities, Innovations, and Industry Dynamics
Preserving Freshness: Indonesia's Cold Storage Market in 2023
Indonesia, a country known for its diverse agricultural produce, is witnessing a remarkable surge in the demand for cold storage solutions. The cold storage market in Indonesia has been undergoing significant growth, serving as a crucial link in the supply chain for preserving perishable goods. As we delve into 2023, Indonesia's cold storage market showcases promising advancements and strategic developments.
Market Overview
The Indonesia cold storage market plays a pivotal role in maintaining the quality and extending the shelf life of perishable products such as fruits, vegetables, dairy, seafood, and pharmaceuticals. This market has witnessed substantial growth owing to increasing urbanization, evolving consumer preferences for quality products, and a burgeoning e-commerce sector that demands efficient cold chain logistics.
Trends and Innovations
In 2023, the Indonesia cold storage market is experiencing a wave of innovation and technological advancements. Cold storage facilities are increasingly adopting smart technologies for temperature monitoring, ensuring optimal conditions for different types of products. Additionally, the integration of eco-friendly refrigeration systems and energy-efficient practices is becoming a key focus, aligning with sustainability goals and reducing environmental impact.
Furthermore, the industry is witnessing an expansion in automated storage and retrieval systems (AS/RS) to enhance operational efficiency and reduce human error, contributing to a more streamlined cold chain.
Market Drivers
Several factors drive the growth of Indonesia's cold storage market. The expanding e-commerce sector, coupled with the rising demand for convenience foods, drives the need for efficient cold chain logistics. Additionally, government initiatives promoting food safety standards and the preservation of perishable goods contribute to market growth. The increasing focus on reducing food wastage and ensuring quality throughout the supply chain further fuels the demand for cold storage facilities.
Challenges and Opportunities
While the Indonesia cold storage market presents lucrative opportunities, challenges such as high initial investment costs, infrastructure limitations, and technological adoption barriers persist. However, these challenges present opportunities for industry players to innovate, invest in advanced technologies, and collaborate to overcome these hurdles and cater to the growing market demand.
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Future Outlook
Looking ahead into 2023 and beyond, Indonesia's cold storage market is poised for continued growth. The convergence of technological advancements, increasing consumer demand for quality and fresh products, and a focus on sustainable practices will drive the market's trajectory. Collaborations, investments in infrastructure, and advancements in cold chain logistics will pave the way for a more robust and efficient cold storage ecosystem.
In conclusion, Indonesia's cold storage market in 2023 represents a vital component of the nation's supply chain infrastructure. As the market adapts to technological innovations, addresses challenges, and meets the growing demand for quality preservation solutions, stakeholders have the opportunity to shape an efficient and sustainable cold storage industry.
The alignment of innovation, sustainability, and strategic investments will define the future of Indonesia's cold storage market, contributing significantly to the nation's efforts in ensuring food safety and quality preservation.
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Low GWP Refrigerants Market Size 2023-2035
Research Nester published a report titled “Low GWP Refrigerants”: Global Demand Analysis & Opportunity Outlook 2035” which delivers a detailed overview of the global low GWP refrigerants market in terms of market segmentation by type, application, by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, and supply and demand risk, along with a detailed discussion of current and future market trends that are associated with the growth of the market.
The” global low GWP refrigerants market” is projected to grow at a CAGR of ~12% during the forecast period, i.e., 2023 – 2035. Factors such as, increasing demand for air conditioners, rising global warming, and phasing out of other refrigerants such as HCFC, HFC, and others are anticipated to propel the growth of the market during the forecast period. As of 2020, the global shipment of air conditioners was estimated to be around 6 million units. Additionally, a constantly developing cold chain logistics system is further estimated to push the market growth over the forecast period. As of 2020, the cold chain logistics industry was valued at about USD 250 billion. Additionally, by type, the global low GWP refrigerants market is segmented into fluorocarbons, hydrocarbons, and others. Out of these sub-segments, the hydrocarbons segment is estimated to obtain a notable share in the market during the forecast period. The growth of the segment can be accounted to its rising utilization as renewable hydrocarbon biofuel in the place of gas and petroleum. Based on the data released by Energy Information Administration (EIA), it was stated that in 2019, 293.83 thousand barrels of biodiesel were produced.
Furthermore, the global low GWP refrigerants market, by region, is bifurcated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Out of these regions, the market in the Europe region is estimated to grow at a noteworthy pace over the forecast period on the back of rising awareness of phasing out the utilization of HFC refrigerants. According to the European Economic Area, in 2017, more than 90% of Co2 was noticed to be emitted on account of HFCs. Moreover, the Asia Pacific region is projected to acquire the second-largest share in the market on the back of rising awareness of global warming.
The research is global in nature and covers a detailed analysis of the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report.
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Increasing Demand for Air Conditioners to Foster the Growth of the Market
As of 2018, the global demand for air conditioners was observed to be approximately 100 million units.
Multiple types of refrigerants are utilized in the home air conditioners for more efficient operation. The most common type of refrigerant utilized in air conditioners is R-454B. Refrigerants are capable of releasing and observing more heat and decreasing the risk of burnout in the compressor owing to overheating. Therefore, such factors are anticipated to propel the growth of the market.
However, the availability of alternative refrigerants in the market is expected to operate as a key restraint to the growth of the global low GWP refrigerants market over the forecast period.
This report also provides the existing competitive scenario of some of the key players in the global low GWP refrigerants market which includes company profiling of Linde plc, Airgas, Inc., Sinochem Holdings Corporation Ltd., Tazzetti S.p.A., Puyang Zhongwei Fine Chemical Co., Ltd., Harp Internation Ltd., Shandong Yuean Chemical Industry Co., Ltd., A‑Gas International Limited, The Chemours Company, Arkema S.A. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global low GWP refrigerants market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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Logistics Evolution in KSA: Unveiling Vision 2030 - Breaking or Embracing Barriers? : Ken Research
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In line with its ambitious Vision 2030, the KSA Logistics Industry is undergoing a visionary transformation to position the kingdom as a global logistics hub. Anchored by the development of Special Economic Zones (SEZs), an integrated transport infrastructure, and comprehensive reforms of seaports, the government's strategic initiatives are poised to reshape the industry's landscape. However, amidst these promising strides, significant challenges persist. The absence of a professional warehouse and inadequate port facilities hindered the industry’s progress. As the KSA charts its course toward becoming a logistics powerhouse, the question remains: Can the industry navigate these hurdles and sustain its growth trajectory? Discover the insights that lie ahead, exploring whether the industry can triumph over its bottlenecks, within the following discourse
1. The KSA government is aiming to establish the kingdom as a logistics hub under it’s vision 2030 by development of SEZ, integrated transport infrastructure and reformation of sea ports Request a Call with Expert to know more about the business model
2. For this, KSA is planning to invest more than ~USD 100 Bn in its transportation & logistics infrastructure as a part of Vision 2030, resulting in the comprehensive nationwide network over the coming years
3. However, Lack of professional warehouses, inadequate facilities at ports, and poor trucking services are the major barriers to the growth of the Logistics Market in KSA
4. But the market is expected to have excellent growth in the future due to substantial investment projects taken by the government for the construction of airports, seaports, and bridges for better inter-country connectivity
5. The industry has a strong potential to register positive growth in the next five years owing to the immense support from the government through investments in infrastructure
Some of the Intelligence Curated by Ken Research in Logistics Market Space:
Indonesia Logistics Market Outlook to 2027 driven by high growth in E-Commerce, government policies attracting foreign investors & promising manufacturing sector.
UAE Cold Chain Market Outlook to 2027 Driven by rising consumption of dairy, meat and seafood, smooth domestic and international connectivity and automation in warehouses
Vietnam Cold Chain Market Outlook to 2026 Driven by Rising Meat and Seafood Consumption and Increasing Awareness of Applying Cold Chain in Protecting Foods in Vietnam
KSA Warehousing Automation Market Outlook to 2027 Driven by Bolstering Ecommerce Industry & Ambitious Government Plans for Digitalization to Pave Strong Grounds for Automation
South Korea Warehouse Automation Market Outlook to 2027 Driven By increasing demand from end-user industries and factors such as increasing labor cost and labor shortage in the country
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KSA Logistics Industry
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Vietnam Logistics Market Flourishes: CEP and Warehousing Sector Generate over USD 5 Bn in 2022, Fueled by Joint Ventures and Modern Warehousing Systems. What Awaits the Future? :Ken Research
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1.Emerging Trends and Developments in Vietnam's Warehousing Market: Joint Ventures, Automation, GSP Warehouse Preference, and Recent Funding Surge.
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Logos Property and Manulife Investment Management joined forces in 2022 to construct an advanced logistics factory, covering an area of over 116,000 sqm and valued over $80 Mn. Moreover, GLP entered the Vietnamese market through a $1.5 Bn joint venture with SLP.
E-commerce companies are utilizing AI-powered warehouses and sorting centers spanning 0.3 Mn sqm to decrease delivery time during peak periods. Tiki NOW Smart Logistics has integrated robots for task execution, enhancing warehouse efficiency and enabling sellers to save 30% - 40% in costs.
Investment in pharmaceutical storage systems or GSP warehouses is increasing in Vietnam, with foreign firms such as DKSH, Zuellig, and Mega making substantial investments to improve cost-efficiency and optimize manpower in warehouses.
Vietnamese on-demand warehousing platform, Wareflex, secured $785,000 in pre-seed funding from Genesia Ventures and Antler. Additionally, Mirae Asset Daewoo Co. and Naver Corporation, prominent South Korean companies, invested $37 Mn in a warehouse located in Bac Ninh, Vietnam.
2.Automation Surge: Vietnam's Growing Demand for Modern Warehouses Driven by Increased Investment in New Technologies.
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Next generation supply chains in Vietnam are utilizing robotics and automation to perform task such as picking, sorting, inspecting, handling to improve overall efficiency and speed to market. Some warehouses are turning to autonomous vehicles to bring merchandise to sortation while Drones & RFID will be used for Inventory Management. The opportunities seem endless which will result in greater efficiency and productivity.
3.Tech Trends Unleashed: Big Data and Augmented Reality Empower Vietnam's CEP Market in Response to Consumer Demand.
Market Maxomony
Vietnam Logistics Market Segmentation
By Service Mix
Freight Forwarding
Warehousing
CEP
Value Added Services
Vietnam Freight Forwarding Market Segmentation
By Mode of Freight
Road Freight
Sea Freight
Air Freight
By Type of Freight
International Freight
Domestic Freight
By Types of Operators
Small Fleet Operator (SFO)
Medium Fleet Operator (MFO)
Large Fleet Operator (LFO)
By End-User
Retail
Oil and Gas
Textiles
Pharma
Others
Vietnam Warehousing Market Segmentation
By Warehousing Types
General/Industrial/Retail
CFS/ICD
Cold Storage
Agriculture and Others
By Warehouse Locations
Northern
Central
Southern
By End-User
Retail
Oil and Gas
Textiles
Pharma
Others
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Major Players Mentioned in the Report:
Yusen Logistics
Transimex
Gemadept Corporation
Maersk
Kuehne+Nagel
MP Logistics
ITL
Vietnam Post
Viettel Post
Vietnam Maritime Corporation
Expeditors
Bee Logistics
DB Schenker
Vinafrieght Joint Stock Company
CJ Gemadept
Ceva Logistics
GHN Express
DHL VNPL Express
EMS
Key Target Audience
E-Commerce Companies
Third-Party Logistic Providers
Potential Market Entrants
Freight Forwarding Companies
Warehousing Companies
Cold Storage Companies
Industry Associations
Consulting Agencies
Government Bodies & Regulating Authorities
Time Period Captured in the Report:
Historical Period: 2017-2022
Base Year: 2022
Forecast Period: 2022-2027
For More Insights On Market Intelligence, Refer to the Link Below: –
Vietnam Logistics Market Outlook to 2027
Related Reports by Ken Research: –
Indonesia Logistics Market Outlook to 2027
#Vietnam Supply Chain Industry#Vietnam Logistics Market#Warehousing Industry Vietnam#Delivery Services Sector Vietnam#Vietnam Freight Forwarding Business#Inventory Distribution Industry Vietnam#Vietnam Transportation Market#Logistics Sector Vietnam#Number of Shipping Fleets in Vietnam#Number of Sea Ports in Vietnam#Number of Truck Fleets in Vietnam#Number of Warehouses in Vietnam#Vietnam Freight Forwarding Services Market#Logistics Services Industry Vietnam#Vietnam CEP Services Sector#Value Added Services Division Vietnam#Vietnam Road Freight Market#Sea Freight Industry Vietnam#Vietnam Air Freight Sector#Retail Logistics Division Vietnam#Oil Shipping Market Vietnam#Vietnam Gas Transport Industry#Pharma Warehousing Sector Vietnam#Industrial Delivery Services Sector Vietnam#Vietnam Retail Warehouses Market#CFS Warehouses Industry Vietnam#Vietnam ICD Warehouses Division#Cold Storage Warehouses Sector Vietnam#Vietnam Agriculture Warehouses Market#Vietnam International Logistics Shipments
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Growth of Global Cold Chain Logistics Market Size, Share as Forecasted on Account of Technological Advancement
New York – October 10, 2022 – The recent market research analysis of “Cold Chain Logistics Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global cold chain logistics market in terms of market segmentation by product, temperature type, application, and by region over the forecast period, i.e., 2023-2033.
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Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global cold chain logistics market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
Cold Chain Logistics market to find numerous growth opportunities on the back of rising demand for frozen foods, seafood, and perishable products and surge in pharmaceutical sectors, finds Research Nester
The global cold chain logistics market is estimated to grow majorly on account of the increased trade of vaccination and drugs against diseases, such as typhoid, tuberculosis, influenza, Coronavirus, hepatitis, and others. In 2020, the COVID-19 pandemic positively impacted the cold chain industry, resulting in driving the demand for refrigerated warehousing worldwide.
The market research report also includes other growth factors and challenges that are associated with the growth of the global cold chain logistics market. Some of the major growth indicators are:
Growth Drivers:
Rapid Urbanization and Industrialization across the Globe Growth in Processed Food Sectors and Automation of Refrigerated Warehouses Challenges:
Environmental concerns regarding greenhouse gas emission, and insufficiency of proper infrastructure in emerging countries are some of the major factors anticipated to hamper the growth of the global cold chain logistics market. Despite of the numerous restraint factors associated with the growth of the market, Research Nester’s analysis indicates a robust growth for the market during the forecast period.
The global cold chain logistics market is segmented on the basis of product into refrigerated warehouses and refrigerated transportation. The refrigerated warehouses segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. Changing lifestyle of the consumers is likely to increase demand for packaged food.
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By region, the Asia Pacific drug delivery systems market is to generate the highest revenue by the end of 2033. This growth is anticipated by increasing consumption of seafood, dairy products and processed food.
The research is global in nature and covers detailed analysis on the cold chain logistics market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global cold chain logistics market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
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This report also provides the existing competitive scenario of some of the key players of the global cold chain logistics market which includes company profiling of U.S. Cold Storage, Americold Logistics LLC, Lineage Logistics Holdings, Versacold Logistics Services, Nichirei Logistics group, Congebec Logistics Inc., Burris Logistics, Conestoga Cold Storage, Kloosterboer, Cold Box Express Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cold chain logistics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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