Project Report For Multipurpose Cold Storage
Project report for Multipurpose Cold Storage is as follows.
Cold storage is a general word for refrigerated or frozen storage facilities, which are typically used to keep food or medications.
Food items are stored at low temperatures utilising temperature and relative humidity controls to keep the proper conditions within the cold rooms, as well as ventilation systems to ensure adequate storage conditions.
The word “cold storage” refers to keeping items in a refrigerated environment.
This implies that heat is removed from the storage container or space to help keep products, typically food fresh for delivery, long- or short-term storage, and so on. Cold storage helps to avoid the rotting of foods and other consumable commodities, and it may be utilised in a number of different situations, including hospitals, warehouses, and anywhere else that keeps products that need to be preserved. Refrigeration trucks are frequently used in the transportation of commodities to keep objects cool during the transit process.
Refrigerated Storage Warehouses may be utilised for a variety of purposes and have complete temperature control.
To prevent product degradation, a constant air temperature can also be maintained. They assist to extend the life of perishable objects by keeping them firmly sealed and at a steady temperature.
Market potential & Strategy
Cold storages are massive refrigerated warehouses that are frequently used to store fruits and vegetables, processed meat, frozen goods, and medications. Cold storage facilities provide a crucial link between agricultural goods and the end customer.
The rise of the food and allied sectors has increased the demand for cold storage services. In India, there are about 7000 cold storage facilities with a combined capacity of 32 million metric tonnes spread across the country.
The Indian cold storage market is predicted to increase at a CAGR of 16.09 percent by 2020, owing to the expansion of organised retail, the Indian fast food market, the food processing industry, and the e-commerce sectors. The Indian cold storage industry is anticipated to be valued $8.57 billion by 2020.
The chilled transportation industry, which is the major contributor to the cold storage market in India, is predicted to develop at a CAGR of 17% over the next five years.
The worldwide cold storage building market is expected to develop at a CAGR of 14.0 percent between 2016 and 2021, from USD 4.59 billion in 2015 to USD 10.47 billion by 2021.
Create 100% Bankable Project Report