ASIA PACIFIC COLD CHAIN MARKET

INTRODUCTION

The cold chain  concerns  the transport of  food, pharmaceutical, or  chemical products.  These products require storing  and  transporting  in  strictly  specified  ranges  of temperature.

The  cold  chain  management  concerns the  creation of  the integrated model  of  distribution focused  on  three key  factors: i.e.  product  properties,  performance  characteristics, distribution  channels,  and  places of  origin  and  destination of the  product.

The goods requiring transportation and storing in precisely specified  temperatures  can  be  included  in  several  different groups. 

Among them, there  are  food products i.e.  meat, dairy products,  fruit  and  vegetables,  deep-frozen  products,  flowers and  plants,  as  well  as  products  of  dissimilar  sectors,  i.e. chemicals, pharmaceuticals, and other medical purposes goods.

Agricultural and fishery products during transport often require low temperature conditions of transport, in order to meet the basic performance of the product.

Enterprises must change the product logistics and transport conditions for cold chains that can be applied to the field of logistics and ensure its quality.

Logistics and transport enterprises are in the process that the performance and characteristics of the product are difficult to effectively preserve.

Enterprises must set up a good supervision system and the cold chain transportation equipment. Professionals need to assess the regulatory system.

The  oldest  model  of  distribution  in  the  cold  chain  is  the transport by vehicles equipped with  refrigeration units  which can  control the  temperature  inside the  vehicle  compartment.

ASIA PACIFIC COLD CHAIN MARKET DEVELOPMENTS AND INNOVATIONS

Tower Cold Chain, a specialist in pharmaceutical freight, has opened its newest hub in Incheon, South Korea, expanding its worldwide reach and service capabilities in the Asia Pacific (APAC) area.

With this expansion, Tower's Incheon service center will be able to handle a greater volume of import and export shipments in the area, ensuring that pharmaceutical companies, airlines, and 3PL providers have access to Tower's selection of durable, dependable, reusable temperature-controlled containers.

Just 8 kilometers (5 miles) from Incheon International Airport in the Incheon Free Economic Zone, the hub will be housed in a sizable structure (IFEZ).

Tower will have a designated warehouse where Tower containers will be stored at various temperature ranges, including -80°C with dry ice and +25°C.

Launched by Carrier Transicold is the Supra A refrigeration unit. For perishables that need precise temperature control, the Supra A unit provides +/- 0.8 C. In comparison to earlier Supra truck refrigeration units, the unit combines great efficiency, decreased carbon emissions, and lower fuel usage.

In order to advance digital, standardised, and environmentally friendly cold chain logistics equipment development and deployment, Carrier Transicold is dedicated to the intelligent digital innovation of this vital industry technology.

One of the solutions provided by Carrier's Healthy, Safe, Sustainable and Intelligent Cold Chain Program to preserve and safeguard the supply of food, medicine, and vaccines is Supra A series refrigeration units.

ASIA PACIFIC COLDCHAIN MARKET DYNAMICS

The cold chain is a dynamic process and ensuring an effective cold chain supply from manufacturer to patient is no easy task. Temperature controlled logistics presents complex challenges such as regulatory compliance and entering emerging markets.

Managing the supply chain of specialized products concerns the logistics services of many groups of products in monitored temperature range.

Each group has its own specific parameters of storing and transporting, which if not kept are dangerous for the consumers and may result in the withdrawal of batches of goods from the market.

Ensuring a global temperature-controlled supply chain requires a more strategic approach to supply chain management and the solutions implemented must also provide greater flexibility to cope with these differences.

Unsurprisingly, Europe and Asia were identified as the two main markets for those looking at broadening their supply chain beyond the USA.

The objective of the Scheme of Cold Chain in India is Value Addition and Preservation Infrastructure which is to provide integrated cold chain and preservation infrastructure facilities, without any break, from the farm gate to the consumer.

It covers creation of infrastructure facilities along the entire supply chain viz. pre-cooling, weighing, sorting, grading, waxing facilities at farm level, multi product/ multi temperature cold storage, CA storage, packing facility, IQF, blast freezing in the distribution hub and reefer vans, mobile cooling units for facilitating distribution of horticulture, organic produce, marine, dairy, meat, and poultry etc.

The scheme allows flexibility in project planning with special emphasis on creation of cold chain infrastructure at farm level.

The integrated cold chain project is set up by Partnership / Proprietorship Firms, Companies, Corporations, Cooperatives, Self Help Groups (SHGs), Farmer Producer Organizations (FPOs), NGOs, Central / State PSUs, etc. subject to fulfilment of eligibility conditions of scheme guidelines.

The cold chain connects the UK to the world, it makes significant trade in perishable goods possible and is at the foundation of global food and pharmaceutical security.

Cold chain businesses are being seen globally as attractive long-term investment opportunities. The UK is no exception in this and a number of major international acquisitions of cold chain businesses have taken place in recent years.

ASIA PACIFIC COLDCHAIN MARKET SEGMENTATION

The Asia Pacific Cold Chain Market can be segmented into following categories for further analysis.

By End User Type

• Fruits and Vegetables
• Bakery and Confectionery
• Dairy and Frozen Foods
• Meat and Fish
• Drugs and Pharmaceuticals
• Other

By Regional Classification

• East Asia
• Southeast Asia
• South Asia
• Australia
• Oceania

RECENT TECHNOLOGICAL TRENDS IN ASIA PACIFIC COLDCHAIN MARKET

It is important that suitable temperature control be maintained from as soon as is feasible to as close as possible to consumption.

From the raw materials stage to the various distribution storage facilities a commodity passes through, transport refrigeration keeps it at the temperature required to maximize storage life and quality for many days, weeks, and months between cold storage facilities.

Data Technology is being used by cold chain firms to build the best shipping and package design for a given supply chain in order to cut costs throughout the process.

Additional data collected in the packaging world may be used to drive action, allowing us to track assets. Companies may use data logger and asset information to make faster choices, do predictive analysis, improve continuously, and drive upstream and downstream decision making.

All of this will enable remote event notification, identifying the optimum next step in packaging and real-world situations, automating redeployment in the case of loss, and leveraging event data to fine-tune the whole supply chain.

The most modern IoT sensor technology, as well as near real-time tracking and data-analytics capabilities, provide our clients with visibility into the whereabouts of their shipments.

The Digital Visibility Platform is sensor-agnostic and provides our containers with a prescriptive analysis of vaccination conditions down to the unit level, making it an obvious option for such a critical worldwide project.

Beyond vaccines, the combined solution will track critical parameters for drugs and biologics such as location, temperature, and vibration, as well as data streams about weather, traffic, flight schedules, and other factors, to not only eliminate supply chain blind spots but also to improve overall supply chain efficiency.

Cold chain uses a wide range of refrigerants and consumes too much energy for storing temperature-sensitive products, making it a challenging environment for becoming sustainable.

Innovative solutions are necessary to strike the right balance between the energy-intensive processes of cold chain logistics and addressing the various environmental issues that are starting to impact everyday life.

These solar-powered cold container rooms are used for the storage and transportation of perishable goods. Solar Freeze also provides cold storage as a service for the farmers, who can access information about their products using a mobile application.

RECENT ACQUISITION IN ASIA PACIFIC COLDCHAIN MARKET

Lineage Shipping, a provider of temperature-controlled logistics solutions, recently agreed to buy Emergent Cold in a definitive agreement.

This acquisition, according to Lineage, increases its port footprint in the United States and allows it to enter the Australian, New Zealand, and Sri Lankan temperature-controlled logistics sectors, enhancing the company's already strong foothold in the Asia-Pacific region.

Food producers, manufacturers, and retailers are on the lookout for cold chain partners who can provide a flexible, end-to-end temperature-controlled logistics solution that can reach every corner of the globe.

The addition of Emergent to the Lineage family not only expands the international reach, but it also strengthens the company's commitment to port strategy and international trade.

They are better able to assist customers in responding to ever-changing market dynamics such as global network optimization, tariff implications, consumer preference adjustments, and much more, while also unlocking new prospective market opportunities to sell their goods.

ASIA PACIFIC COLDCHAIN MARKETCOMPETITIVE LANDSCAPE

The Asia Pacific Cold Chain market has seen a considerable mobilization of technological implementation under its environmental and sustainable logistics integration policy within the operational requirements of each of the stakeholders.

Usually the cold  chain  depends  on  four  aspects  of frozen  storage,  frozen  processing,  refrigerated  transportation and  distribution,  and  finally  frozen  sales.

Cold  Chain  has  four  stages: refrigeration  processing, refrigeration distribution, refrigeration storage and refrigeration sale. And in every stage, there are standard operating procedures to ensure the safety and quality of the foods from the processing till to customers or consumers.

Snowman Logistics India has been part of the mobilization process of sustainability and cold chain perspectives in the Indian market of cold chain logistics. 

Warehouse infrastructure comprises advanced equipment handling and racking systems, along with WMS and ERP systems.

This allows them to not only analyze their own performance metrics for maintaining high standards of service, but also provide customers with valuable data that aids their inventory management and optimization.

The real-time data logging system enables us to monitor temperature of products, both in our temperature-controlled warehouses and our fleet of Reefer Vehicles.

DHL Cold Chain Infrastructure India has been part of the infrastructure and digitised mobilisation of cold chain facilities throughout the country at various levels of requirements.

It has developed An intelligent IT platform, provided by the logistics service provider, underpins the physical network. Monitoring solutions establish checkpoints of visibility that enable more proactive control of the shipment and allow for intervention should an adverse situation arise.

The company uses the Big Data and Analytics integration to have a track on the Temperature Management segment of operational requirements placed within the operating stakeholder products.

Active packaging solutions will soon incorporate report-back technology such as GPS and telemetry to ensure the safety of shipments. The technology of production is being employed into development alongside the Envirotainer’s cold chain control initiatives in India.

ASIA PACIFIC COLDCHAIN MARKETCOMPANIES PROFILED

• Burris Logistics
• AmeriCold Logistics LLC
• Agro Merchants Group LLC
• Nichirei Logistics Group Inc
• Preferred Freezer Services Inc.
• Kloosterboer Group BV
• Cloverleaf Cold Storage Co.
• Swire Cold Storage Ltd
• Lineage Logistics LLC
• Henningsen Cold Storage Company Co.
• DHL Logistics India