Philippines Frozen Storage Industry Outlook: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How Is The Philippines Frozen Storage Market Positioned? During the 1980s till 2002, Philippines frozen storage industry was considered to be in its nascent or emerging phase. Owing to the geographical location, the country experiences a high average annual temperature ranging from +21C to +32C. This results in high demand for low-temperature control services including cold and frozen storage pallets. However, during this phase, there was an acute shortage of cold chain solutions especially in rural areas which augmented the demand in this industry. On the contrary, the market also faces challenges of high maintenance costs indicating a dire need for government and private initiatives to instill momentum in the sector. The year 2002 witnessed the formation of the Cold Chain Association of the Philippines, commonly referred to as CCAP with over 100 logistics and construction companies as its members. Consequently, initiatives such as the Philippines National Cold Chain Program launched in 2004 by USDA Food for Progress, Philippine Nautical Highway System and introduction of the RORO system in 2015 also propelled the frozen industry of the country. Presently, the market is in its growth stage and has constantly risen to owe to factors such as increasing demand for frozen transport and blast freezer services, an increase in per capita income and growing consumer preference for fast food products. Budding e-commerce business and online grocery shopping have also positively impacted the frozen storage business. What Is the Philippines Frozen Storage Demand Side Analysis? To assess the demand for frozen pallets in the Philippines, our team compared the Philippine market with the Indonesia market including frozen food production and imports estimating the amount at ~ million tons and ~ million tons during 2019 for the Philippines and Indonesia respectively. Thus, for the number of pallet positions per ton to be at par between the Philippines and Indonesia, the Philippines should have ~ pallet positions, implying a shortage of around ~ pallets. Moreover, since the Philippines have ~ times higher food wastage than Indonesia, the additional pallet position required in the Philippines was around ~ pallets in 2019. What Is The Demand-Supply Gap For Frozen Storage Pallets In the Philippines? The Philippines required additional ~ pallet positions to meet the frozen food consumption requirement accounting for food wastage. In the next five years till 2025, we are anticipating this gap to be reduced to approximately ~ pallet positions as various players complete their respective expansion projects. What Is The Scenario Of Food Wastage In Southeast Asian Nations? As per Ken Research Analysis, the Philippines have the highest food wastage in Southeast Asia. The increasing population in the region, especially the Philippines is anticipated to augment the demand for food and beverages requiring cold storage. Cold chain sector is projected to require increasing initiatives, including investments by both the government and private sector to overcome challenges of food wastage as the shortage of cold storage pallets is a key contributor to this wastage. According to the Journal of Developments in Sustainable Agriculture 11, Institute of Food Science and Technology, substantial post-harvest losses of up to ~% were recorded from the initial harvesting, grading, packaging, and transportation from field to storage and distribution to the consumers in the Philippines. The cold chain system allows the transfer of agricultural produce from farm to market at controlled temperature and relative humidity. Most growers in the Philippines lack farm to cold storage facilities. Thus, perishable produce is often left in the open or kept under ambient temperature conditions. What Is The Scenario Of Competition In the Philippines Frozen Storage Market? There are estimated ~ non-captive players that provide accredited freezer services with a temperature range of -10C to -40C to clients in the Philippines. The market is presently in the growth stage and expected to only get more fragmented by 2025. Major players in the Philippines Frozen Storage Market include Jentec Cold Storage, Glacier Megafridge, Mets Logistics, Royale Cold Storage and ORCA Cold storage which account for approx. ~% of market share by pallet position. Level of automation, level of certification, provision of blast freezers, provision of cold transport, and location of cold storage warehouses, high pallet capacity and price per pallet per day are a few key competing factors among these major players. What Is The Future Outlook Of Philippines Frozen Storage Market? Philippines frozen storage market is expected to register a positive CAGR of ~% over the forecast period 2019-2025. The key contributing factors for such high growth include mounting of foodservice industry owing to change in lifestyle and consumption habits, increasing infrastructure investment to improve connectivity for cold transport business, high domestic demand for fish and seafood products, rising ISO and LEED certifications, growing meat consumption and rise in the level of competition. The increasing competition in the industry will result in a significant price drop by the year 2025. Key Segments Covered:- Types of Products: Meat and Seafood Dairy Products Vaccination and Pharmaceuticals Fruits and Vegetables Processed Frozen Products Key Target Audience Cold Storage Companies Frozen Storage Companies Captive Cold Storage Companies Captive Frozen Storage Companies Logistics Companies Non-captive Companies Cold Chain Associations Logistics Associations Private Equity Firms Venture Capitalists Time Period Captured in the Report: Historical Period: 2019 Forecast Period: 2020F-2025F Companies Covered: Jentec Cold Storage Glacier Megafridge Mets Logistics Royale Cold Storage ORCA Cold Chain Big Blue Logistics Royal Cargo Vifel Ice Plant & Cold Storage Frabelle Cold Storage Arctic Cold Storage Polar Bear Freezing Services Igloo Supply Chain Koldstor Inc. Antarctica Cold Storage VVS Cold Storage Crystal Cold Storage JM Processing Cold Chain Warehouse Specialist San Simon Cold Storage WCL Cold Storage Benson Industrial Cold Storage Estrella Cold Storage Cebu Subzero Logistics Aspen Cold Storage Technofreeze Everest Cold Storage Iraj Corporation Key Topics Covered in the Report:- Benson Industrial Cold Storage Market Size Cold Storage industry in Southeast Asia Cold Storage Market in APAC Logistics Companies in Philippines Philippines Dairy Products Market Analysis Philippines Ready to Meals Market Size in PHP Billion Philippines Restaurants Market Growth Rate Philippines Weighted Average Rental Price Production of Poultry in Philippines in Thousand metric Tons Refrigerants Used for Cold Storage of Meat in Philippines Temperature Controlled Storage in Philippines Vegetables Blast Freezer Market Philippines For More Information on the Research Report, refer to below links: – Philippines Frozen Storage Industry Related Reports by Ken Research Philippines Cold Chain Market Outlook to 2023 – By Service Mix (Cold Storage Market and Cold Transportation) End-User Perspective in Central Luzon Cold Storage Market- Dominance of Meat and Seafood Production Albeit by Inadequate Storage Facilities and Frequent Power Outrages Philippines Logistics and Warehousing Market Outlook to 2024 – By Freight Forwarding (Air, Sea, Land), Domestic and International Freight Flow Corridor; By Warehousing (Industrial/Retail Freight, Container Freight, Cold Storage, Agriculture and Others), Express and E-commerce Logistics, Balikbayan Box, Third Party Logistics Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Follow Us LinkedIn | Instagram | Facebook | Twitter | YouTube Tags: Automated Cold Storage Market Philippines, Automated Frozen Storage in Philippines, Automation in Cold Storages Market Philippines, Benson Industrial Cold Storage Market Size, Captive Cold Storage Market Philippines, Captive Frozen Storage Philippines, Cold Storage Companies in Philippines, cold storage company in the philippines, Cold Storage industry in Southeast Asia, Cold Storage Industry Philippines, Cold Storage Market in APAC, Cold Storage Market in Philippines, Cold Storage Market Philippines, cold storage rates per pallet philippines, Demand-Supply Gap in the Philippines Frozen Storage Market, Food Wastage Cold Storage Market Philippines, Frozen Storage Companies in Philippines, Frozen Storage Industry Philippines, Frozen Storage Market Philippines, Future Of Philippines Frozen Storage Market, Ice Cream Storage Market Philippines, Logistics Companies in Philippines, Noncaptive Cold Storage Market Philippines, Noncaptive Frozen Storage Philippines, Philippines Aspen Cold Storage Market Report, Philippines Automated Pallet Rental Price, Philippines Big Blue Logistics Market Future, Philippines blast freezer service Market, Philippines Cold Storage Industry, Philippines Cold Storage Market, Philippines Cold Transport Market, Philippines Crystal Cold Storage Industry Analysis, Philippines Dairy Products Market Analysis, Philippines Dairy Storage Market Growth, Philippines Frabelle Cold Storage Competitors, Philippines Frozen Pallet Demand Analysis, Philippines Frozen Storage Industry, Philippines Frozen Storage Industry Growth, Philippines Frozen Storage Industry Research Report, Philippines Frozen Storage Industry Size, Philippines Frozen Storage Market, Philippines Frozen Storage Market Forecast, Philippines Frozen Storage Market Major Players, Philippines Frozen Storage Market Outlook, Philippines Frozen Storage Market Research Report, Philippines Frozen Storage Market Revenue, Philippines Frozen Storage Market Revenue in PHP Billion, Philippines Frozen Storage Market Segmentation, Philippines frozen transport services Market, Philippines Jentec Cold Storage Market Size, Philippines Meat and Seafood Future Market, Philippines Mets Logistics Market Growth, Philippines Ready to Meals Market Size in PHP Billion, Philippines Restaurants Market Growth Rate, Philippines Royale Cold Storage Market Revenue, Philippines Weighted Average Rental Price, Processed Food Storage Market Philippines, Processed Frozen Storage Industry Philippines, Production of Poultry in Philippines in Thousand etric Tons, Refrigerants Used for Cold Storage of Meat in Philippines, Technology in Frozen Storage Philippines, Temperature Controlled Storage in Philippines, Vegetables Blast Freezer Market Philippines