As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

India decentralized cold storage market is expected to grow at an impressive rate during the forecast period. India decentralized cold storage is driven by the growing need to cut down agricultural produce wastage and improve the economic status of farmers. Additionally, supportive government policies & schemes, subsidies for promoting the use of renewable energy and vision of self-reliant India is further expected to propel the market growth through FY2026. Furthermore, the sudden outbreak and spread of pandemic COVID-19, lockdown and shut down of economy resulted in widening of demand-supply gap. The crops, fruits & vegetables, dairy products, among others produced on the agricultural lands were not able to reach the buyers or the markets due to economic shutdown and lockdown. This resulted in spoilage and wastage of perishable agricultural products such as fruits & vegetables, dairy products such as milk, curd, among others. This in turn drives the market growth in order to preserve and store surplus during difficult and unanticipated situations. Besides, use of decentralized cold storage provides opportunities to the farmers to sell their produce at the best prices, thereby providing financial stability to the farmers. This in turn is expected to fuel the market growth over the next few years.  

The India decentralized cold storage market is segmented based on power solution, storage capacity, temperature type, application, company and region. Based on power solution, the market can be categorized into solar, biomass and others. Out of these, the solar power segment is expected to dominate the market owing to the abundant availability of solar energy. Additionally, benefits such as low maintenance, improvement of grid security, less electricity loss, among others associated with solar energy is expected to further drive the segmental growth. Also, all the available decentralized cold storages in the market are being powered by solar energy. Based on temperature type, the market can be split into chilled and frozen. Here, the chilled segment is expected to dominate the market since they are widely preferred and majorly used for storing perishable agricultural products such as fruits & vegetables, milk, eggs, dairy products, among others.

Major players operating in the India decentralized cold storage market include Cool Crop Technologies Pvt. Ltd., Ecozen Solutions, Bharat Refrigerations Pvt. Ltd., Promethean Power Systems, Tan90 and others.

Years considered for this report:

Historical Years: FY2016-FY2019

Base Year: FY2020

Estimated Year: FY2021

Forecast Period: FY2022–FY2026

Objective of the Study:

  • To analyze and estimate the market size of India decentralized cold storage market from FY2016 to FY2019.
  • To estimate and forecast the market size of India decentralized cold storage market from FY2020 to FY2026 and growth rate until FY2026.
  • To classify and forecast India decentralized cold storage market based on power solution, storage capacity, temperature type, application, company and regional distribution.
  • To identify dominant region or segment in the India decentralized cold storage market.
  • To identify drivers and challenges for India decentralized cold storage market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India decentralized cold storage market.
  • To identify and analyze the profile of leading players operating in India decentralized cold storage market.
  • To identify key sustainable strategies adopted by market players in India decentralized cold storage market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of decentralized cold storage manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the decentralized cold storage manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the decentralized cold storage manufacturers, vendors and presence of all major players across the country.

TechSci Research calculated the market size of India decentralized cold storage market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Decentralized cold storage manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to decentralized cold storage
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India decentralized cold storage market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • India Decentralized Cold Storage Market, By Power Solution:
    • Solar
    • Biomass
    • Others
  • India Decentralized Cold Storage Market, By Storage Capacity:
    • 0-5MT
    • 6-10MT
    • 11-15MT
  • India Decentralized Cold Storage Market, By Temperature Type:
    • Chilled
    • Frozen
  • India Decentralized Cold Storage Market, By Application:
    • Dairy Products
    • Fruits & Vegetables
    • Meat Products
    • Others
  • India Decentralized Cold Storage Market, By Region:
    • North
    • South
    • East
    • West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India decentralized cold storage market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
India decentralized cold storage market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Decentralized Cold Storage Market

4.    Voice of Customer

5.    Executive Summary

6.    India Decentralized Cold Storage Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Power Solution (Solar, Biomass, Others)

6.2.2.     By Storage Capacity (0-5MT, 6-10MT, 11-15MT)

6.2.3.     By Temperature Type (Chilled v/s Frozen)

6.2.4.     By Application (Dairy Products, Fruits & Vegetables, Meat Products, Others)

6.2.5.     By Company (FY2020)

6.2.6.     By Region

6.3.  Product Market Map

7.    North India Decentralized Cold Storage Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Power Solution

7.2.2.     By Storage Capacity

7.2.3.     By Temperature Type

7.2.4.     By Application

8.    South India Decentralized Cold Storage Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Power Solution

8.2.2.     By Storage Capacity

8.2.3.     By Temperature Type

8.2.4.     By Application

9.    East India Decentralized Cold Storage Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Power Solution

9.2.2.     By Storage Capacity

9.2.3.     By Temperature Type

9.2.4.     By Application

10.  West India Decentralized Cold Storage Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Power Solution

10.2.2.  By Storage Capacity

10.2.3.  By Temperature Type

10.2.4.  By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  India Economic Profile

15.  Competitive Landscape

15.1.              Cool Crop Technologies Pvt. Ltd.

15.2.              Ecozen Solutions

15.3.              Bharat Refrigerations Pvt. Ltd.

15.4.              Promethean Power Systems

15.5.              Tan90

16.  Strategic Recommendations

17.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com