The North American region dominated the global acai berry market in 2021. This was even though the countries from that region are not the native countries of acai berries.
Refrigerated Transport Market is Projected to Reach $160.7 billion by 2027
The growth of the refrigerated transport market is attributed to the increasing trade of perishable commodities at a global level, as lower tariffs enable ease of cross-border movement of perishable goods.
Opportunities for New Market Entrants in Refrigerated Transport Market
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Top Driving Factors of Refrigerated Transport Market
Growing Demand for Chilled & Frozen Food Products to Drive the Refrigerated Transport Market
Increasing Demand for Convenience Food in Developing Countries is Projected to Drive the Refrigerated Transport Market Growth
According to MarketsandMarkets, the global refrigerated transport market is estimated to be valued at USD 15.5 billion in 2019 and is projected to reach USD 21.6 billion by 2025, recording a CAGR of 5.8% from 2019 to 2025.
Refrigerated Transport Market worth $21.6 billion by 2025
The market growth is projected to remain hindered due to challenges such as the maintenance of products during transportation, lack of infrastructure in emerging countries, and rise in fuel costs.
Refrigerated Transport Market worth $19.29 Billion by 2023
Based on application, the refrigerated transport market has been segmented into chilled and frozen food products. The chilled food products segment is estimated to account for the largest share in the refrigerated transport market in 2018.
Refrigerated Transport Market worth 3.25 Billion Tons by 2022
The refrigerated transport market is estimated at 2.87 Billion Tons in 2016 and projected to reach 3.25 Billion Tons by 2022
Refrigerated Transport Market worth 3.25 Billion Tons by 2022
The refrigerated transport market is projected to reach 3.25 Billion Tons by 2022 growing at a CAGR of 2.49% from 2017 to 2022.