Increasing initiatives by government to promote adoption of cold storage facilities in order to reduce food wastage is among other major factors driving global cold storage construction market growth. Market Size – USD 6.97 Billion in 2019, Market Growth – at a CAGR of 13.8%, Market Trends – Ongoing rise in sales through eCommerce channels due to pandemic.

The global cold storage construction market is expected to reach a market size of USD 18.59 Billion by 2027, according to recent analysis by Emergen Research. High revenue growth of the market can be attributed to rising demand for processed and perishable food products. Increasing initiatives of governments to increase adoption of cold storage facilities to reduce food loss and wastage has been driving demand for and deployment of cold storage construction and services.

The latest market intelligence study on the Cold Storage Construction Market covers the performance of both the key vendors and new entrants for the forecast period, 2020 - 2027. Estimated value, profits, gross margin, spending power and consumption volume form an important part of the study that aims at offering the business owners, stakeholders, and marketing personnel a competitive edge over others. Importantly, the study discusses a lot about, the product application, classification and performance across different regions. The industry assessment report weighs upon the top performers and also the winning strategies that have enabled them to occupy a strong foothold in the Cold Storage Construction Market.

Read more@ https://www.emergenresearch.com/industry-report/cold-storage-constr...