The Oman Cold Chain Market is in a growth stage and there are quite a few players providing complete logistics services for multiple products such as meat, vegetables, dairy, poultry, and pharmaceuticals. The services include Cold Storage, Cold Transport, Inventory Management, Customs Clearance, and other 3PL logistics services. Smaller players cater to only a limited portfolio of products/services. The government has made attempts to diversify the economy and reduce its dependence on oil. The logistics sector has been identified as the major sector which can contribute to the GDP of the country because of the strategic geographical location of Oman.
The term cold chain or cool chain denotes the series of actions and equipment applied to maintain a product within a specified low-temperature range from harvest/production to consumption. A cold chain is a temperature-controlled supply chain. An unbroken cold chain is an uninterrupted series of refrigerated production, storage and distribution activities, along with associated equipment and logistics, which maintain a desired low-temperature range.
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Top Key Players:
- Agility Logistics
- Al Khaleej Cold Store
- Al Madina Logistics
- Enhance Oman
- ILS Logistics
The scope of the Oman Cold Chain Market report is as follows the report provides information on growth segments and opportunities for investment and Benchmark performance against key competitors. Geographically, the global market has been segmented into four regions such as North America, Europe, Asia Pacific and the rest of the world.
The cold storage facilities are maximum utilized by meat and seafood importing and exporting companies, followed by Poultry and Eggs. Confectionaries also contribute to a major portion of the usage percentage of the existing facilities. The occupancy rate of the cold storage facilities across the industry stands at over 50%. Oman represents an attractive opportunity for refrigerated logistics service providers to serve the growing pharmaceutical industry. Increase in the number of supermarkets and restaurant have triggered the demand for cold storage and transport systems to keep the products fresh and maintain their quality.
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Oman cold chain market is anticipated to increase at a double-digit CAGR during 2017-2022 owing to the government’s initiative to establish Oman as a major logistics hub in GCC and increase the volume of trade passing through its ports. Additionally, there is a surging demand for refrigerated deliveries and warehouses near major population centers. Recently, a food cluster is added to the list of development projects around Sohar Port which is likely to spike the demand for cold storage facilities. Major players in the cold chain logistics are preparing for this expected increase in demand by expanding their capacity.
The study report delivers the overall analysis of the Oman Cold Chain market by offering a business overview of the key players who are operated in this market. It also provides various business strategies in order to enhance the proper understanding of the Oman Cold Chain market and its trends. The report offers a product description in-depth with a complete view of extremely advanced features of the products.