Incressing global need for cold storage

From 2017 the global need for cold storage space increased dramatically, driven by growth in the world’s population, increased varieties of perishable commodities and the global consumer demand for fresh produce year-round.  And these factors are pushing occupancy rates at cold-storage facilities to an all-time high. During this period the big players are also starting to build just-in-time inventories.  Furthermore, with the growth of world population now standing at 7 billion people and with approx.12.5% of the world land estimated to be under cultivation, the annual global food production (animal & seafood) reached to an estimated level of 6.8 billion tons during 2014-15. The FAO estimates that by the year 2050, food production will have to increase globally by 70% (about 4400 million tons) to feed an additional 2.3 billion people. Our global population are said to need over 1850 million product tons of cold storage facilities for all kinds of food products. During 2016 the IARW estimated that global cold storage capacity for 52 countries reported that approx. 600 million cubic meters of global refrigerated warehouse space have been constructed & commissioned – mainly public refrigerated warehouse facilities (private refrigerated facilities are not considered significant).  From the above , India (population 1260 million) surpassed the US and had biggest cold storage capacity in the world with 131 million cubic meter space (USA had 115 million, China 78 million, Brazil 16 million & Indonesia 12 million cubic meter space).

It is estimated that every second, 66 tons of food products are either lost or thrown away, according to a recent report by the Boston Consulting Group. This amount translates into 1.7 billion tons of food a year, 
that is about one fourth of the food produced across the world. While this huge amount of food is lost between the farm and the fork, the United Nations Food and Agriculture Organization (FAO) says over ten percent of the world's population are suffering from chronic undernourishment.

With the fact that the nutritional energy (calorie content) of our produced food seems in excess of those required to feed the world population,  it is hoped that with the infrastructure of road construction and the emergence of additional refrigerated vehicles such as vans , trucks semi-trailers & 40 ft trailers  (all of  which are desperately being sought by China & India for a combined fleet of 500,000 vehicles) together with recruiting of many qualified drivers & system repair technicians , storage & logistics;  the tragic global malnutrition phenomena (which now account to over one billion) is anticipated to be significantly minimized by  contribution to addressing the issue of undernourishment,  particularly in the deprived sectors of the world.

Refrigeration inhibits the development of bacteria and toxic pathogens, reduces the need for chemical preservatives in food thus preventing food borne diseases.  According to WHO within 50 years a substantial decrease of stomach cancer was achieved due to application of cold chain industries.
Besides cold storage increases rhe shelf life of all the vegetable,fruits,poultry dairy and meat products besides some grocery items and pharmaceutical products.
Therefore now the time has come when almost many products will be used for consumption which come from the cold storage.