Cold storage warehouse dynamics in India: Growth trends, regional disparities and Infrastructure gaps (2014-2023)

S A Pooja; L S  Moghana; K Mahendran; R P Soundararajan; G Amuthaselvi

doi:10.14719/pst.5536

Authors

S A Pooja Department of Agricultural and Rural Management, Tamil Nadu Agricultural University, Coimbatore 641 003, Tamil Nadu, India https://orcid.org/0009-0006-7031-3880
L S Moghana Department of Agricultural and Rural Management, Tamil Nadu Agricultural University, Coimbatore 641 003, Tamil Nadu, India https://orcid.org/0000-0003-1330-5965
K Mahendran Department of Agricultural and Rural Management, Tamil Nadu Agricultural University, Coimbatore 641 003, Tamil Nadu, India https://orcid.org/0000-0001-5146-6052
R P Soundararajan Controller of Examinations, Tamil Nadu Agricultural University, Coimbatore 641 003, Tamil Nadu, India https://orcid.org/0000-0003-0912-4213
G Amuthaselvi Department of Food Processing Engineering, Tamil Nadu Agricultural University, Coimbatore 641 003, Tamil Nadu, India https://orcid.org/0000-0001-5791-2324

DOI:

https://doi.org/10.14719/pst.5536

Keywords:

CAGR, cold storage industry, global trends, infrastructure gap, post-harvest losses

Abstract

This study examines trends in the cold storage industry from 2014 to 2023, focusing on India within a global context. The global cold storage market is projected to reach $218.7 billion by 2026, growing at a compound annual growth rate (CAGR) of 12.7%. In India, the number of cold storage units increased from 6891 to 8653 during this periods, reflecting a CAGR of 2.13%, while storage capacity expanded at a CAGR 2.26%. The findings highlight significant regional disparities across India, with the Central region demonstrating the highest growth. Despite these advancements, considerable infrastructure gaps remain, particularly in the dairy (80% shortage) and fisheries (90% shortage) sectors, contributing significantly to post-harvest losses. The study emphasizes the importance of public-private partnerships, government incentives, and technological innovations to address these shortages. Strengthening cold storage infrastructure is crucial for reducing food wastage, improving supply chain efficiency, and bolstering food security. Key insights highlight the need for targeted investments in underdeveloped regions and underserved sectors to optimise the cold chain, reduce losses, and support India's agricultural productivity and economic growth.

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