{"product_id":"portugal-cold-chain-market-outlook-to-2026f-driven-by-rising-packaged-foods-consumption-owing-to-growing-millennial-population","title":"Portugal Cold Chain Market Outlook to 2026F: Driven by Rising Packaged Foods Consumption Owing to Growing Millennial Population","description":"\u003cp\u003ePortugal Cold Chain Market Outlook to 2026F: Driven by Rising Packaged Foods Consumption Owing to Growing Millennial Population\u003c\/p\u003e \n\n\u003cp\u003eThe publication titled “Portugal Cold Chain Market Outlook to 2026F: Driven by Rising Packaged Foods Consumption Owing to Growing Millennial Population” by Ken Researchprovides a comprehensive analysis of the cold chain market of Portugal including the Cold Storage and Cold Transport market. The report covers an overview and genesis of the industry, cold transport market size in terms of revenue generated, viz segmentations (by Type of Reefer Truck, by Mode of Transportation, by End Users) and cold storage sector with respect to revenue generated by cold storage companies and their segmentations (by Temperature Range, by End Users); trends and developments, technological advancements, government regulations, issues, and challenges. The report finally concludes with a competitive landscape including the competition scenario, cross comparison, strengths and weaknesses and company profiles of major players in the cold chain market, macroeconomic factors impacting the industry, and analyst recommendations.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Market Overview: Portugal’s cold chain market was evaluated to grow at single digit CAGR during 2016-2021.The market is currently in the growth stage owing to rising domestic consumption of processed foods, frozen foods, seafood, and meat along with increasing government initiatives and investments in the sector. Due to the increase in demand for pharmaceutical products, as well as the rise in e-commerce resulting from the pandemic the cold chain market in Portugal has seen its share growth in recent years. The Portugal cold chain market is moderately consolidated. The cold warehouse market has fewer companies due to the large captive company presence in the country. There are many cold transportation companies, most of which are small-scale players with a smaller number of fleets. The demand for consuming frozen foods along with increasing meat and seafood consumption is driving the market.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eBy End User: The Pharmaceuticals segment drove extensive growth for the market in the years of the pandemic due to the demand for more storage, transportation, and distribution of pharmaceutical goods.\u003c\/p\u003e\n\n\u003cp\u003eBy Type:The Cold Transport revenue growth was affected owing to the decrease in international trade as well as domestic transportation due to curfew and shutdowns during COVID. However, the storage sector was hardly affected since companies were expanding their pallets and storing pharmaceutical products, and holding products that weren’t transported.\u003c\/p\u003e\n\n\u003cp\u003eSnapshot of Portugal Cold Transport Market\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Transport Market Overview: The covid-19 pandemic led to an increase in the e-commerce market of Portugal. Due to this, the demand for more and quicker deliveries, and higher order value increased, leading to growth in Portugal’s transportation market. The pandemic also led to increased demand for vaccines and other pharmaceutical products, leading to increased revenues from the pharmaceutical sector and growth in the cold transport industry.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Transport Market Competition Scenario: The market is moderately fragmented with a few large players dominating the market and a majority of players prefer to take fleets on rent. Some of the competing parameters in the cold transport market are occupancy rate, client base, fleet Size, cold transport services, total Pallet Positions, and no. of cold storage warehouses products and services.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Transport Market Future Outlook: It has been observed that the majority of the operators are small fleet size operators, followed by medium fleet size operators in the transportation Market. Captive cold transportation companies are expected to shift to non-captive transportation companies due to the rise in fuel prices, resulting in the high maintenance cost of self-owned and self-used vehicles.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Transport Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eBy Type of Freight: A significant share of Domestic as well as international transportation is through the mode of land transportation.\u003c\/p\u003e\n\n\u003cp\u003eBy Mode of Freight: Air transportation is very expensive and hence is only used for transportation of faster-perishing goods like tropical fruits. Cold Transport companies in Portugal prefer the modes of Land and Sea over air transportation.\u003c\/p\u003e\n\n\u003cp\u003eBy Type of Reefer Truck: Refrigerated vehicles require regular maintenance to ensure their continued efficiency and reliability. Most of the companies have on-site technicians to provide continuous service and maintenance to their vehicles as well as to the tracking system fitted in the vehicles\u003c\/p\u003e\n\n\u003cp\u003eBy End User: The country consumes a significant amount of fruits and vegetables, making the segment have the highest share in warehousing market revenue.\u003c\/p\u003e\n\n\u003cp\u003eSnapshot of Portugal Cold Storage Market\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Storage Market Overview: The Cold Storage market is in its growth stage owing to rising domestic consumption of meat and seafood, the rise of e-commerce in the country, the need for quick deliveries along with maintenance of safety standards and related laws, and the increased demand for pharmaceuticals and vaccines due to the pandemic. The Cold storage companies charge varying prices from their clients on a per pallet basis owing to factors such as the size of the consignment, b€ of the company, temperature range, and duration of the contract. The demand for cold storage also stays high in almost all seasons making overall early occupancy high.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Storage Market Competition Scenario: Cold Storage industry ecosystem is dominated by international companies and then followed by domestic companies. Americold (formerly AGRO Merchants) and STEF are leading and seizing the market opportunity in Portugal by covering maximum provinces by the cold storage warehouses with the highest occupancy rate.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Storage Market Future Outlook: The increase in the percentage of the cold warehouse segment in the forecasted period is because more and more captive storage owners are shifting to non-captive, shared storage to reduce their costs. The increase in overall inflation of the country, high energy prices, as well as the hindrance in energy supply (due to the Russia-Ukraine war) are leading to increased costs of maintaining a personal use cold warehouse, hence more and more businesses will shift to non-captive storages.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Storage Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eBy Temperature range (by the number of pallets): Portugal’s cold Storage market is dominated by frozen pallets and then followed by chilled pallets, and this is owed to the increasing consumption of seafood, fruits, vegetables, and frozen foods (including ready-to-eat foods and frozen bakery items like bread)\u003c\/p\u003e\n\n\u003cp\u003eBy End User: Due to the country’s location, there is high seafood consumption in Portugal, hence ‘meat and seafood’ segment has a significant share in the warehousing market’s revenue.\u003c\/p\u003e\n\n\u003cp\u003eBy Price and Occupancy Rate: The prices have been increasing due to the increasing cost of cold storage companies rising as a result of an increase in general inflation, rising energy prices, and rising fuel prices. The occupancy rate in the cold storage market has been increasing owing to the growth in demand for storage space for goods, especially pharmaceutical products in the pandemic period.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Market Competition Scenario: The Cold chain market is a moderately consolidated market and is home to many cold transportation \u0026amp; storage players. Americold Logistics and STEF are the market leaders in the Portugal Cold Chain market. Most of the companies operate on a smaller scale but run at almost full capacity. The majority of the cold warehousing companies as well as cold transport companies are located in Lisbon and Porto or nearby regions. The unprecedented growth of the e-commerce sector and enhanced focus on risk management in the supply chains will further fuel the growth of the logistics market with ample of opportunities for the industry players.\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Market Future Outlook: Due to the country’s big coastline, and high seafood consumption and meat consumption, it is expected that the cold chain market will grow in the forecast period in Portugal, and therefore the meat and seafood segment is expected to have a significant share in warehousing market’s revenue. Intelligent transport systems will make it possible to improve the safety and quality of the network, optimize traffic and relieve congestion in cities, and because of C-Roads, growth is expected in the cold chain market of Portugal. Also with the growing demand for temperature-controlled products and the entry of several new players are anticipated to propel the cold chain market.\u003c\/p\u003e\n\n\u003cp\u003eKey Segments Covered\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Market\u003c\/p\u003e\n\n\u003cp\u003eBy Revenue Split:\u003c\/p\u003e\n\n\u003cp\u003eCold Transport\u003c\/p\u003e\n\n\u003cp\u003eCold Warehousing\u003c\/p\u003e\n\n\u003cp\u003eBy End User:\u003c\/p\u003e\n\n\u003cp\u003eMeat and Seafood\u003c\/p\u003e\n\n\u003cp\u003eFruits and Vegetables\u003c\/p\u003e\n\n\u003cp\u003ePharmaceuticals\u003c\/p\u003e\n\n\u003cp\u003eDairy Products\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Transport Market\u003c\/p\u003e\n\n\u003cp\u003eBy Type of Freight\u003c\/p\u003e\n\n\u003cp\u003eDomestic Freight\u003c\/p\u003e\n\n\u003cp\u003eInternational Freight\u003c\/p\u003e\n\n\u003cp\u003eMode of Freight\u003c\/p\u003e\n\n\u003cp\u003eLand\u003c\/p\u003e\n\n\u003cp\u003eSea\u003c\/p\u003e\n\n\u003cp\u003eAir\u003c\/p\u003e\n\n\u003cp\u003eBy Size of Truck\u003c\/p\u003e\n\n\u003cp\u003eSmall (6 pallets capacity)\u003c\/p\u003e\n\n\u003cp\u003eMedium (20 pallets capacity)\u003c\/p\u003e\n\n\u003cp\u003eLarge (33 pallets capacity)\u003c\/p\u003e\n\n\u003cp\u003eBy End User\u003c\/p\u003e\n\n\u003cp\u003eMeat and Seafood\u003c\/p\u003e\n\n\u003cp\u003eFruits \u0026amp; Vegetables\u003c\/p\u003e\n\n\u003cp\u003ePharmaceuticals\u003c\/p\u003e\n\n\u003cp\u003eDairy Products\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Warehouses Market\u003c\/p\u003e\n\n\u003cp\u003eBy Type of Cold Warehouses:\u003c\/p\u003e\n\n\u003cp\u003eFrozen\u003c\/p\u003e\n\n\u003cp\u003eChilled\u003c\/p\u003e\n\n\u003cp\u003eAmbient\u003c\/p\u003e\n\n\u003cp\u003eBy End User\u003c\/p\u003e\n\n\u003cp\u003eMeat and Seafood\u003c\/p\u003e\n\n\u003cp\u003eFruits \u0026amp; Vegetables\u003c\/p\u003e\n\n\u003cp\u003ePharmaceuticals\u003c\/p\u003e\n\n\u003cp\u003eDairy Products\u003c\/p\u003e\n\n\u003cp\u003eProcessed foods\u003c\/p\u003e\n\n\u003cp\u003eFrozen Foods\u003c\/p\u003e\n\n\u003cp\u003eKey Target Audience\u003c\/p\u003e\n\n\u003cp\u003eCold Storage Companies\u003c\/p\u003e\n\n\u003cp\u003eCold Chain Companies\u003c\/p\u003e\n\n\u003cp\u003eCold Transport Companies\u003c\/p\u003e\n\n\u003cp\u003eCaptive Cold Storage Companies\u003c\/p\u003e\n\n\u003cp\u003eCaptive Cold Chain Companies\u003c\/p\u003e\n\n\u003cp\u003eLogistics Companies\u003c\/p\u003e\n\n\u003cp\u003eNon-captive Companies\u003c\/p\u003e\n\n\u003cp\u003eCold Chain Associations\u003c\/p\u003e\n\n\u003cp\u003eLogistics Associations\u003c\/p\u003e\n\n\u003cp\u003ePrivate Equity Firms\u003c\/p\u003e\n\n\u003cp\u003eVenture Capitalists\u003c\/p\u003e\n\n\u003cp\u003eTime Period Captured in the Report:\u003c\/p\u003e\n\n\u003cp\u003eHistorical Period: 2016-2021\u003c\/p\u003e\n\n\u003cp\u003eBase Year: 2021\u003c\/p\u003e\n\n\u003cp\u003eForecasted Period: 2021-2026F\u003c\/p\u003e\n\n\u003cp\u003eCompanies Covered:\u003c\/p\u003e\n\n\u003cp\u003eAmericold Logistics\u003c\/p\u003e\n\n\u003cp\u003eSTEF Portugal\u003c\/p\u003e\n\n\u003cp\u003eNC Logistica\u003c\/p\u003e\n\n\u003cp\u003eFrigoservice\u003c\/p\u003e\n\n\u003cp\u003ePaulo Duarte\u003c\/p\u003e\n\n\u003cp\u003ePrimafrio\u003c\/p\u003e\n\n\u003cp\u003eLuis Simoes\u003c\/p\u003e\n\n\u003cp\u003eOlano Logistics\u003c\/p\u003e\n\n\u003cp\u003eRangel\u003c\/p\u003e\n\n\u003cp\u003eSoapa Europa\u003c\/p\u003e\n\n\u003cp\u003eTPCF\u003c\/p\u003e\n\n\u003cp\u003eTJA\u003c\/p\u003e\n\n\u003cp\u003eUPS\u003c\/p\u003e\n\n\u003cp\u003eLogifrio\u003c\/p\u003e\n\n\u003cp\u003eTIBA Group\u003c\/p\u003e\n\n\u003cp\u003eHAVI Logistics\u003c\/p\u003e\n\n\u003cp\u003eAntonio Frade\u003c\/p\u003e\n\n\u003cp\u003eTransfrio\u003c\/p\u003e\n\n\u003cp\u003eKey Topics Covered in the Report\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Market Overview\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Industry Supply Ecosystem\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Market Size, 2016-2021\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Market Segmentation (By Cold Storage and Cold Transport, By End Users), 2021\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Storage Market Ecosystem\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Storage Market Size, 2016-2021\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Storage Market Segmentation (by Temperature Range, by End Users), 2021\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Transport Market Overview\u003c\/p\u003e\n\n\u003cp\u003eValue Chain Analysis of Portugal\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Transport Market Revenue, 2016-2021\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Transport Market Segmentation (by Type of Reefer Truck, by Mode of Transportation, by End Users), 2021\u003c\/p\u003e\n\n\u003cp\u003ePortugal Cold Chain Market Competition Landscape\u003c\/p\u003e\n\n\u003cp\u003eSWOT Analysis of Portugal Cold Chain Market\u003c\/p\u003e\n\n\u003cp\u003eRegulatory Landscape of Portugal Cold Chain Market\u003c\/p\u003e\n\n\u003cp\u003eGrowth drivers of Portugal Cold Chain Market\u003c\/p\u003e\n\n\u003cp\u003eIssues and Challenges in Portugal Cold Chain Market\u003c\/p\u003e\n\n\u003cp\u003eRecent Trends in the Portugal Cold Chain Market\u003c\/p\u003e\n\n\u003cp\u003eEnd User Analysis of Portugal Cold Chain Market\u003c\/p\u003e\n\n\u003cp\u003eFuture Outlook of Portugal Cold Chain Industry, Cold Storage Market, cold Transport Market, 2021-2026F\u003c\/p\u003e\n\n\u003cp\u003eMarket Opportunities and Analyst Recommendation\u003c\/p\u003e\n\n\u003cp\u003ePlease Note:It will take 5-7 business days to complete the report upon order confirmation.\u003c\/p\u003e","brand":"Marketing \u0026 Market Research","offers":[{"title":"November, 2022 \/ 91 Pages \/ MCW16259723","offer_id":47696749297970,"sku":null,"price":5700.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/portugal-cold-chain-market-outlook-to-2026f-driven-by-rising-packaged-foods-consumption-owing-to-growing-millennial-population","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}