The cold chain, which consists of pre-cooling, refrigerated storage, and refrigerated transport, is one of the pillars of the postharvest handling chain. It is regarded as the backbone of developed and developing postharvest industries and an essential set of technologies for reducing food losses. Further, cold chain logistics are critical for any country seeking to enhance its frozen food market share. Cold chain infrastructure has increased significantly in recent years. Moreover, the expansion of cold chain capacity in several countries is different. In most countries, the cold chain is concentrated in urban areas and transportation terminals, such as airports, where exporters may be situated. Further, major market service providers are constantly improving their technologies to stay ahead of the competition and maintain efficiency, integrity, and safety across the region. For instance, vendors have implemented Hazard Analysis and Critical Control Points (HACCP) and RFID technology to improve efficiency with smaller shipments. They are expanding their multi-compartment refrigerated vehicle fleets to provide additional services to consumers. Thus, advancements in cold chain infrastructure are emerging as a lucrative opportunity for the APAC frozen potato market players.
With the latest features and technologies, vendors attract new customers to grow their footprints in emerging markets. This factor is likely to drive the APAC frozen potato market. The APAC frozen potato market is expected to grow at a substantial CAGR during the forecast period.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 13,038.33 Million |
| Market Size by 2028 | US$ 17,843.13 Million |
| Global CAGR (2021 - 2028) | 4.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |