Current status of China’s cold chain logistics industry

The development of cold chain logistics is of great significance to the agriculture and biomedicine industries

Combined with the development experience of Western developed countries, the development of the cold chain logistics industry is of great significance to my country's modern agriculture and biomedicine industries. The development is of great significance:

The spoilage rate of fresh products in China is relatively high

Due to their short shelf life and difficulty in preservation, fresh products have great impact on transportation conditions and logistics distribution speed. The requirements are also higher. However, most of my country's current fresh food supply is still in the traditional way. Product circulation needs to go through multiple links such as farmers, origins, buyers, middlemen, wholesale markets, etc. The circulation links are cumbersome and the loss rate remains high. Data shows that European and American countries have currently controlled the loss rate of fresh products at a stable level of 5, and the loss rate of other foods has also dropped below 1. The average loss rate of fresh food in my country is above 10, which is 2-3 times that of European and American countries, which greatly increases the cost of the fresh food market.

China’s cold chain transportation rate is relatively low

Due to the lack of cold chain logistics facilities, most fresh products do not receive standardized insulation, moisturizing, and refrigeration during transportation. , increasing circulation losses and increasing price and quality instability from farmers to consumers.

Data show that my country’s cold chain transportation rates of aquatic products, meat, fruits and vegetables are 69, 57, and 35 respectively, while the average level of these indicators in developed countries is between 80 and 90.

The demand for cold chain logistics in 2021 is about 275 million tons

In 2021, the added value of my country's agriculture, forestry, animal husbandry and fishery was 8.7 trillion yuan, an increase of 7.1% over the previous year, accounting for the total GDP of 7.6. China's food supply chain industry has a trillion-level market volume. As the consumption level and spending power of urban and rural residents continue to increase, the demand for cold chain logistics continues to be strong. Under the normalization of epidemic prevention and control, cold chain logistics will develop strongly in 2021, with total market demand reaching 275 million tons.

The market size will exceed 400 billion yuan in 2021

According to preliminary statistics, the total domestic fresh food retail market will exceed 5.4 trillion yuan in 2021, with a year-on-year increase of more than 8, showing a steady growth trend. These increased fresh food retail market sizes will inevitably rely on cold chain logistics transportation, thus driving the continued growth of my country's cold chain logistics market size. According to data from the China Internet of Things Cold Chain Committee, my country's cold chain logistics market will reach a growth rate of 9.2 in 2021, with the market size reaching 418.4 billion yuan. For more detailed research and analysis on this industry, please see the "China Cold Chain Logistics Industry Market Forecast and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute