Cold chain logistics refers to
the temperature-controlled system with an uninterrupted series of storage and distribution
activities which maintain a given temperature range. It is used to help extend
and ensure the shelf life of products such as fresh agricultural produce,
seafood, frozen food, photographic film, chemicals and pharmaceutical drugs.
Primary agricultural produce such
as fruit and vegetables rots easily, which increases the operational cost of
fresh food retailers, such as supermarkets and stores. The shelf life of
products can be more than doubled in a cold chain logistics system that
functions well. The loss of fresh food retailers will decrease by 30%-50% if
the shelf life of perishable food like fruit and vegetables is prolonged from 1
day to 3 days.
Food spoilage is the major cause
of food safety issues and waste of resources. Increasing concern about food
safety stimulates the development of cold chain logistics, especially for meat,
fruit, vegetables, aquatic products and dairy products. Demand for the cold
chain logistics in transport of vegetables, fruit, meat and other processed
products increases as Chinese people’s life improves.
In 2013, the production volume of
meat exceeded 80 million tons while that of vegetables surpassed 0.7 billion
tons. The production volume of fruit, dairy products and aquatic products
exceeded 0.15 billion tons, 20 million tons and 60 million tons respectively.
In addition, a large volume of meat products and frozen food is produced in
China. The temperature fluctuation in refrigerated transport is one of the
major reasons for the decline in food quality. Cold chain logistics can keep
perishable food fresh in transport.
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By the end of 2013, the total
capacity of cold storages barely reached 20 million cubic meters with less than
40,000 refrigerated vans, far behind developed countries and certain developing
countries like India in consideration of the large population.
As a high-end sub-industry of the
logistics industry, cold chain logistics will attract much investment in the
coming years. The e-commerce enterprises of fresh food spring up as e-commerce
develops in China, which remarkably promotes the development of cold chain
logistics. The year of 2013 was an important year in the development of fresh
food e-commence in China. Several e-commence enterprises set foot in the fresh
food field, including certain large-scale e-commerce enterprises like Tmall, JD
and Amazon, certain logistics enterprises such as SFbest from SFExpress, and
several professional e-commence enterprises for fresh food like Shanghai Yiguo
E-commerce Co., Ltd. and TooToo Farm. According to CRI, the market size of
fresh food e-commerce was approximately CNY 40-50 billion in China in 2013. The
CAGR is estimated to exceed 100% in 2014-2018.
Few e-commerce enterprises of
fresh food directly invest in equipment of cold chain logistics due to the high
cost. However, rapid growth of the market stimulates the development of the
distribution network of cold chain logistics. The home delivery service of
e-commerce enterprises like JD and Tmall mostly depends on third-party
enterprises of cold chain logistics due to lack mature storage and logistics
distribution system. However, the trend for e-commerce enterprises is to
establish self-operating cold chain logistics.
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Cold chain logistics encompasses
home delivery and the main line. The home delivery belongs to express delivery
and less-than-truck-load logistics while the main line is related to management
of assets supply chain and third-party logistics. The complexity of cold chain
logistics results in high entry criteria of the industry. However, cold chain logistics
will become the most popular sub-industry in logistics field in 2014-2018 due
to the increasing demand and development potential.
The cold chain logistics industry
is expected to develop rapidly as demand for commodities like food, medicine
and cosmetics increases in China.
Through this report, the readers can acquire the
following information:
·
Development Environment of Cold Chain Logistics
in China
·
Supply and Demand Status of Cold Chain Logistics
Industry in China
·
Industry Chain of Cold Chain Logistics in China
·
Major Manufacturers of Cold Chain Logistics
Equipment in China
·
Factors Influencing Development in Cold Chain
Logistics Industry in China
·
Prospect of Cold Chain Logistics in China
·
Investment Opportunities in Cold Chain Logistics
Industry in China
The following enterprises and people are recommended to
purchase this report:
·
Logistics Enterprises
·
Manufacturers of Cold Chain Logistics Equipment
·
Fresh Food Enterprises
·
Investors/Research Institutes Concerned About
Cold Chain Logistics Industry
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