Cold chain logistics is the specialized storage and transportation of goods that are sensitive to temperature, such chemicals, food, and medications. It is likely that cold chain management will be needed for any product that is labelled as perishable. Insufficient temperature management leads to product spoilage and ultimately financial losses. This category may include foods like fish and meat, fruits, medical supplies, and prescription drugs. It maintains the object's temperature at the ideal level using a range of devices, procedures, and frameworks. Cold chain logistics focuses on the handling and secure transportation of such commodities from manufacturer or supplier to client. The longer the path from the original source to the ultimate client, the more difficult it is to maintain the proper temperature.
Based on SPER Market Research, the report titled "Mexico Cold Chain Logistics Market Size - By Service, By Temperature, By Application - Regional Outlook, Competitive Strategies, and Segment Forecast to 2033" indicates that the Mexican cold chain logistics market is projected to reach USD 9.73 billion by 2033, with an anticipated CAGR of 12.57%.
Drivers: The development of advanced equipment that maintains ideal temperature conditions during storage and transit has led to a technological revolution in cold chain logistics in Mexico. Manufacturers are always improving the cold chain equipment's efficiency, robustness, and sustainability from refrigerated vehicles and containers to cold storage facilities equipped with cutting-edge monitoring and control systems. The food safety and pharmaceutical quality assurance regulations have a significant impact on the cold chain equipment market in Mexico. Regulatory organizations impose stringent norms and requirements to guarantee the integrity and safety of commodities that are susceptible to temperature variations along the supply chain. Adoption of contemporary cold chain technology is influenced by legal compliance.
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Restraints: The expansion of the cold chain sector is bad for Mexico's environment because of the high energy costs and greenhouse gas emissions linked to refrigeration. Road transportation that is cooled is becoming more and more necessary at an exponential rate. Keeping goods frozen is crucial to extending their shelf life and preserving their quality as they are transported by trucks, ships, and trains in the cold chain. Parallel to this, diesel-powered trucks, trailers, and containers consume more energy than diesel-powered trucks without refrigeration. This has a major effect on the area's changing climate. Therefore, concerns over greenhouse gas emissions are expected to impede the expansion of the cold chain logistics industry.
The importance of maintaining the cold chain has been highlighted by recent global health emergencies like as the COVID-19 pandemic. Due to vaccination campaigns and medical supply shortages, the COVID-19 pandemic had a substantial effect on Mexico's cold chain logistics sector, increasing demand for pharmaceutical delivery and storage. Additionally, it caused instability in the food supply chains, resulting in an increased need for cold storage and last-mile delivery of perishables. The sector is further burdened by the rise of e-commerce, labour issues, and transportation constraints. The crisis strengthened the cold chain industry's long-term resilience by encouraging new alliances and raising infrastructure investments.
The Central region of Mexico dominates the cold chain logistics market due to its strategic location and proximity to major consumer markets. Major players in the market are Frialsa Frigoríficos, Friopuerto Veracruz, Serbom Group, Friozem Armazens Frigorificos Ltd., Others.
Mexico Cold Chain Market Segmentation:
By Service: Based on the Service, Mexico Cold Chain Market is segmented as; Storage, Transportation, Value-added Services.
By Temperature: Based on the Temperature, Mexico Cold Chain Market is segmented as; Chilled, Frozen and Ambient.
By Application: Based on the Application, Mexico Cold Chain Market is segmented as; Fruits and Vegetables, Dairy Products, Fish, Meat and Poultry, Processed food, Pharmaceutical, Bakery and Confectionery, Others.
By Region: This research also includes data for Northern Mexico, Central Mexico, Western Mexico, Eastern Mexico and Southern Mexico.
For More Information in Mexico Cold Chain Logistics Market, refer to below link –
Mexico Cold Chain Logistics Market Share
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