What Is the Scenario of Food Wastage in Southeast Asian Nations?
As per Ken Research Analysis, The Philippines has the highest food wastage in Southeast Asia. The increasing population in the region, especially the Philippines is anticipated to augment the demand for food and beverages requiring cold storage. Cold chain sector is projected to require increasing initiatives, including investments by both the government and private sector to overcome challenges of food wastage as the shortage of cold storage pallets is a key contributor to this wastage.
According to the Journal of Developments in Sustainable Agriculture 11, Institute of Food Science and Technology, substantial post-harvest losses of up to ~% were recorded from the initial harvesting, grading, packaging, and transportation from the field to storage and distribution to the consumers in The Philippines. The cold chain system allows the transfer of agricultural produce from farm to market at controlled temperature and relative humidity. Most growers in the Philippines lack farm to cold storage facilities. Thus, perishable produce is often left in the open or kept under ambient temperature conditions.
What Is the Scenario of Competition in the Philippines Frozen Storage Market?
There are estimated ~ non-captive players that provide accredited freezer services with a temperature range of -10C to -40C to clients in the Philippines. The market is presently in the growth stage and expected to only get more fragmented by 2025. Major players in the Philippines Frozen Storage Market include Jentec Cold Storage, Glacier Megafridge, Mets Logistics, Royale Cold Storage and ORCA Cold storage which account for approx. ~% of market share by pallet position. Level of automation, level of certification, provision of blast freezers, provision of cold transport, location of cold storage warehouses, high pallet capacity and price per pallet per day are a few key competing factors among these major players.
What Is the Future Outlook of Philippines Frozen Storage Market?
Philippines frozen the storage market is expected to register a positive CAGR of ~% over the forecast period 2019-2025. The key contributing factors for such high growth include mounting of foodservice industry owing to change in lifestyle and consumption habits, increasing infrastructure investment to improve connectivity for cold transport business, high domestic demand for fish and seafood products, rising ISO and LEED certifications growing meat consumption and rise in the level of competition. The increasing competition in the industry will result in a significant price drop by the year 2025.
Key Segments Covered: –
Types of Products:
Meat and Seafood
Fruits and Vegetables
Dairy Products
Bakery and Confectionary
Vaccination and Pharmaceuticals
Others (Include animal feed, hotdogs, burgers, fries, chemicals and several others)
Key Target Audience
Cold Storage Companies
Cold Chain Companies
Cold Transport Companies
Captive Cold Storage Companies
Captive Cold Chain Companies
Logistics Companies
Non-captive Companies
Cold Chain Associations
Logistics Associations
Private Equity Firms
Venture Capitalists
Time Period Captured in the Report:
Historical Period: 2014-2019
Forecasted Period: 2020F-2025F
Companies Covered:
Jentec Cold Storage
Glacier Megafridge
Mets Logistics
Royal Cargo
Big Blue Logistics
Royale Cold Storage
ORCA Cold Chain
Vifel Ice Plant & Cold Storage
Koldstor Inc.
Polar Bear Freezing Services
Frabelle Cold Storage
Arctic Cold Storage
Igloo Supply Chain
Antarctica Cold Storage
VVS Cold Storage
Crystal Cold Storage
Benson Industrial Cold Storage
JM Processing
Cold Chain Warehouse Specialist
San Simon Cold Storage
Cebu Subzero Logistics
Estrella Cold Storage
WCL Cold Storage
Technofreeze
Aspen Cold Storage
Key Topics Covered in the Report: –
Executive Summary
Research Methodology
Ecosystem of Philippines Cold Chain Market
Infrastructural Analysis of Philippines
Value Chain Analysis of Philippines Cold Chain Market
Comparative Analysis of Philippines with Other Cold Chain Markets Philippines Cold Chain Market
Philippines Cold Storage Market
Philippines Cold Transport Market
Regulatory Landscape of Philippines Cold Chain Market
Trends and Developments in Philippines Cold Chain Market
Issues and Challenges in Philippines Cold Chain Market
Decision Making Parameters for End Users in Philippines Cold Chain Market
SWOT Analysis of Philippines Cold Chain Market
Competitive Landscape in Philippines Cold Chain Market
Macroeconomic Factors Impacting Philippines Cold Chain Market
Analyst Recommendations
For More Information on the research report, refer to below links: –
Philippines Cold Chain Industry Growth
Related Reports by Ken Research: –
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
