1. Scientists Speak on Global Capacity Victoria Salin, Ph.D. Texas A&M University v-salin@tamu.eduv-salin@tamu.edu @SalinVicky https://www.linkedin.com/pub/vicky-salin/7/6b7/b39

2. Overview Capacity - 552 million cubic meters, 2014 20% higher than 2012 6% annualized growth in last two years 58 countries reporting For more detail, please see 2014 IARW Global Cold Storage Capacity Report

3. Global Capacity 2008-2014 13% annual growth rate over this 6 yr period In 2010 there was an update for China & India Million cubic meters 2008266 2010458 2012496 2014552

4. Growth in Global Refrigerated Warehouse Capacity

5. India > USA as largest country market Refrigerated warehouse capacity, 2014, in million cubic meters

6. Annualized growth in refrig. space, 2010 and 2014

7. Markets w Unmet Need/Potential, Based on Urban Population

8. Largest ratios of refrigerated space to urban population

9. Middle Eastern Markets Are Included for the First Time

10. USA Public Warehousing Growth

11. Retail Supermarket Development

12. Annual growth modern supermarket sales, per capita, 2008-2013

13. Research Needed for Prediction As I stated in a focus session at Convention 2011, Macroeconomic linkages Disposable income  derived demand International trade Business structures Demand from customers in local markets Recent forecast by Markets and Research, reported in Food Logistics online). Cold storage warehousing is predicted to have an “…annual growth rate of 15.75 percent and 10.53 percent in terms of revenue and volume, respectively, over the period 2014 to 2019.” Was it based on a valid predictive model?

14. Acknowlegements – Research Assistance from: Yun Gao Chuks Anselm Chelsea Takahashi

15. Dr. Victoria Salin Co-Director of the Agribusiness, Food, & Consumer Economics Research Center Contact: v-salin@tamu.edu Tel. 979.845.8103v-salin@tamu.edu @SalinVicky https://www.linkedin.com/pub/vicky- salin/7/6b7/b39 PLEASE CONTACT ME WITH IDEAS AND QUESTIONS