The latest report by IMARC Group, titled “United States Refrigerated Transport Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,“ offers a comprehensive analysis of the industry, which comprises insights into the United States refrigerated transport market report. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The United States refrigerated transport market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.
United States Refrigerated Transport Market Overview:
Refrigerated transport, also known as reefer transport, is a method of shipping freight that requires specific, controlled temperatures. This transportation segment utilizes vehicles equipped with refrigeration systems to maintain perishable goods such as food products, pharmaceuticals, and other items sensitive to environmental conditions during transit. The types of refrigerated transport include refrigerated trucks, trailers, shipping containers, and railcars. These vehicles are designed to offer a range of temperature settings, ensuring the preservation and quality of goods. Additionally, the advantages of refrigerated transport are pivotal in ensuring the freshness and integrity of perishable goods, reducing spoilage and waste, and enabling the safe transport of temperature-sensitive pharmaceuticals.
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United States Refrigerated Transport Market Trends:
In the United States, the market is witnessing substantial growth, propelled by the increasing demand for fresh and frozen foods and the rising need for pharmaceutical transportation. Along with this, the expansion of the food and beverage industry, coupled with consumer preferences shifting towards fresh produce, dairy products, and frozen foods, is driving the demand for efficient and reliable refrigerated transportation. In addition, the growth in the pharmaceutical sector, particularly with the transportation of vaccines and temperature-sensitive medications, further augments the market expansion.
Moreover, technological advancements in refrigerated transport systems, including improved temperature control mechanisms and real-time monitoring solutions, are enhancing the efficiency and reliability of these services. Apart from this, the stringent regulations regarding the transport of perishable goods are compelling service providers to adopt advanced refrigerated transport solutions. Furthermore, the increasing trend of e-commerce in grocery and food delivery services is also contributing to market growth as businesses seek efficient logistics solutions to meet consumer expectations for timely and fresh deliveries. These factors, combined with ongoing investments in logistics infrastructure, are driving the growth of the market in the United States.
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Key Market Segmentation:
Breakup by Mode of Transportation:
- Refrigerated Road Transport
- Refrigerated Sea Transport
- Refrigerated Rail Transport
- Refrigerated Air Transport
Breakup by Technology:
- Vapor Compression Systems
- Air-Blown Evaporators
- Eutectic Devices
- Cryogenic Systems
Breakup by Temperature:
- Single-Temperature
- Multi-Temperature
Breakup by Application:
- Chilled Food Products
- Dairy Products
- Bakery and Confectionery Products
- Fresh Fruits and Vegetables
- Others
- Frozen Food Products
- Frozen Dairy Products
- Processed Meat Products
- Fish and Seafood Products
- Others
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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