LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Cold Chain Category - Procurement Market Intelligence Report.
Buyers from the pharmaceutical, medical, and food industries are creating substantial demand for cold chain solutions for the shipment of their perishable cargo. This is expected to act as one of the primary growth drivers of the cold chain category. Currently, the food and beverage industry claims the largest share of the cold chain market owing to an increase in trade of perishable food. However, frequent fluctuations of the fuel and energy price will add to the supplier’s overall operational costs which will be finally incurred by buyers in the form of excess procurement spend. Download the free sample copy of this cold chain procurement research report.
Cold chain solutions are becoming an integral part of the food supply chain management in the US mostly because of the increasing frequency of online grocery shopping in the region. This is creating demand for newer cold chain warehouses which is driving the category spend momentum in the US. However, limited infrastructure support, minimal support from governments in terms of subsidies, and outdated storage facilities will significantly hinder the category growth across some of the regions in APAC.
This cold chain market intelligence report offers category pricing insights that will aid enterprises to better plan their category spend and identify avenues to reduce excess spend. An overview of the pricing models, supply chain margins, supplier cost structure, and regional spend dynamics is also offered in this cold chain market intelligence report.
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“Collaborating with service providers that exhibit a readiness to deliver even after a sudden surge in sales and extreme climate conditions will minimize cargo spoilage,” says SpendEdge procurement expert Sumit Yadav.
This cold chain procurement research report has estimated that the following cost drivers will influence the category growth in the following years:
- Adoption of automation and AI can increase buyers' cost-saving opportunities
- Growth in international trade of perishable goods and products will drive the category
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SpendEdge’s procurement market intelligence reports for the logistics, warehousing and transportation category provide detailed supply market forecasts and information on cost drivers that impact category growth. Such information will help procurement managers as well as the suppliers to determine the total cost of ownership and change their procurement strategies accordingly. Additionally, SpendEdge’s reports provide category management insights and information on the procurement best practices for the category.
Report scope snapshot: Cold chain
US market insights
- Supplier cost structure in the US
- Margins of suppliers in the US
- Category cost drivers
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Best practices
- Procurement excellence best practices
- Procurement best practices
- Sustainability practices
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Category ecosystem
- Competitiveness index for suppliers
- Buyer power
- Supplier power score
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Related Reports:
- Global 4PL Category – Procurement Market Intelligence Report
- Global Perishable Goods Transportation Category - Procurement Market Intelligence Report
About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more, https://www.spendedge.com/request-free-proposal
