Cold Chain Logistics Market Size, Trends and Insights By Temperature Type (Chilled, Fruits & Vegetables, Dairy Products, Bakery & Confectionery, Processed Foods, Frozen, Seafood, Meat & Poultry, Ice Cream & Frozen Desserts, Pharmaceuticals), By Technology (Refrigerated Storage, Refrigerated Transport), By Application (Food & Beverages, Pharmaceuticals & Healthcare, Chemicals & Materials, Others), By Service (Storage, Transportation, Value-Added Services, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Reports Description
As per the current market research conducted by the CMI Team, the global Cold Chain Logistics Market is expected to record a CAGR of 14.5% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 368.1 Billion. By 2033, the valuation is anticipated to reach USD 1,245.2 Billion.
The cold chain logistics market involves the transportation, storage, and distribution of temperature-sensitive products such as food, pharmaceuticals, and healthcare supplies under controlled conditions. This includes maintaining specific temperature, humidity, and other environmental conditions to preserve product integrity and quality throughout the supply chain.
Cold chain logistics providers offer a range of services including refrigerated storage facilities, temperature-controlled transportation, and specialized packaging solutions. With the increasing demand for perishable goods and stringent regulatory requirements, the cold chain logistics market plays a critical role in ensuring the safety, efficacy, and freshness of products from production to consumption.
Cold Chain Logistics Market – Significant Growth Factors
The Cold Chain Logistics Market presents significant growth opportunities due to several factors:
- Growing Demand for Perishable Goods: Increasing consumer demand for perishable goods, such as fresh produce, dairy products, and pharmaceuticals, is a significant driver of the cold chain logistics market. This demand is fueled by factors such as changing dietary preferences, urbanization, and globalization of trade.
- Stringent Regulations and Quality Standards: Strict regulations and quality standards imposed by regulatory authorities in sectors like food and pharmaceuticals drive the need for cold chain logistics services. Compliance with regulations such as Good Distribution Practice (GDP) guidelines and Hazard Analysis and Critical Control Points (HACCP) is essential, propelling the market growth.
- Rapid Expansion of E-commerce: The growth of e-commerce, especially in the perishable goods segment, is a key driver of the cold chain logistics market. Consumers increasingly expect fast and reliable delivery of fresh and frozen products, driving the need for temperature-controlled transportation and storage solutions.
- Advancements in Cold Chain Technologies: Technological advancements in refrigeration systems, temperature monitoring devices, and data analytics are driving efficiencies in cold chain logistics operations. These innovations improve visibility, traceability, and real-time monitoring, enhancing the reliability and safety of temperature-sensitive products during transportation and storage.
- Expansion into Emerging Markets: Emerging markets present significant opportunities for cold chain logistics providers due to increasing urbanization, rising incomes, and changing consumer preferences. Expanding into these markets allows companies to tap into the growing demand for perishable goods and pharmaceuticals, especially in regions with inadequate cold chain infrastructure.
- Integration of Sustainable Practices: There is a growing emphasis on sustainability in the cold chain logistics industry, driven by environmental concerns and regulatory pressures. Opportunities exist for companies to integrate sustainable practices such as energy-efficient refrigeration systems, alternative fuels for transportation, and recyclable packaging solutions, meeting consumer demand for environmentally friendly supply chain operations.
Cold Chain Logistics Market – Mergers and Acquisitions
The Cold Chain Logistics Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Cold Chain Logistics Market include:
- In 2023, FedEx recently inaugurated a new cold chain logistics facility in Memphis, Tennessee, tailored to manage shipments of temperature-sensitive products like food and pharmaceuticals. This strategic move enhances FedEx’s capabilities to meet the growing demand for specialized cold chain services.
- In 2023, Americold Logistics, a prominent player in temperature-controlled warehouses, unveiled its facility expansion in Barcelona, Spain. With 11 loading bays and 12,000 pallet positions added, the expansion enhances the capacity for temperature-controlled products, catering to customer needs in the region.
- In 2023, Honor Foods, a Burris Logistics subsidiary, acquired Sunny Morning Foods, a Fort Lauderdale-based food service redistributor specializing in dairy. This acquisition bolsters Honor Foods’ portfolio and extends its presence as a leading food service redistributor across the Mid-Atlantic, New England, and Southeast regions.
These mergers and acquisitions helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Cold Chain Logistics Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Cold Chain Logistics Market | Green Logistics Services Market | Truckload Logistics Market |
CAGR 14.5% (Approx) | CAGR 7.8% (Approx) | CAGR 4.1% (Approx) |
USD 1,245.2 Billion by 2033 | USD 2,808.3 Billion by 2033 | USD 1,377.2 Billion by 2033 |
Cold Chain Logistics Market – Significant Threats
The Cold Chain Logistics Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Supply Chain Disruptions: Disruptions in the supply chain, caused by events such as natural disasters, political instability, or global pandemics, pose a significant threat to the cold chain logistics market. Interruptions in transportation routes or disruptions in the availability of critical supplies can impact the timely delivery of temperature-sensitive products, leading to financial losses and reputational damage.
- Infrastructure Limitations: Inadequate infrastructure, such as insufficient cold storage facilities or outdated transportation networks, presents a threat to the cold chain logistics market. Limited access to temperature-controlled storage and transportation solutions can constrain the capacity and efficiency of cold chain operations, hindering market growth and service quality.
- Temperature Fluctuations: Temperature fluctuations during transportation and storage pose a significant threat to the integrity and quality of temperature-sensitive products. Inaccurate temperature control or equipment failures can lead to spoilage, degradation, or loss of efficacy in pharmaceuticals, food products, and other perishable goods, resulting in financial losses and liability issues for cold chain logistics providers.
- Regulatory Compliance Challenges: Compliance with stringent regulatory requirements and quality standards, particularly in sectors like food and pharmaceuticals, presents a threat to cold chain logistics providers. Failure to adhere to regulations such as Good Distribution Practice (GDP) guidelines or Hazard Analysis and Critical Control Points (HACCP) can result in fines, penalties, or legal liabilities, impacting business operations and reputation.
- Security Risks: Security risks, including theft, tampering, or contamination of temperature-sensitive products, pose a significant threat to the cold chain logistics market. Vulnerabilities in transportation routes or storage facilities can compromise product safety and integrity, leading to financial losses, regulatory non-compliance, and damage to brand reputation.
Category-Wise Insights
By Temperature Type:
- Chilled: Chilled cold chain logistics involve maintaining temperatures typically between 0°C to 8°C, preserving the freshness of perishable goods like fruits, vegetables, dairy, and bakery items. Recent trends in the chilled segment include increased demand for fresh produce, growth in convenience food consumption, and advancements in refrigeration technologies to ensure precise temperature control and longer shelf life, meeting evolving consumer preferences for quality and convenience.
- Frozen: Frozen cold chain logistics entail maintaining temperatures below 0°C to preserve the integrity of products such as seafood, meat, ice cream, and pharmaceuticals. Recent trends in the frozen segment include the expansion of frozen food markets, rising demand for convenience foods, adoption of automated storage and retrieval systems, and innovations in packaging materials to enhance product protection and extend shelf life, catering to busy lifestyles and increasing consumer demand for convenience.
By Technology
- Refrigerated Storage: Refrigerated storage involves facilities equipped with refrigeration systems to maintain specific temperature requirements for perishable goods. Trends in the cold chain logistics market include the adoption of automated temperature monitoring systems, energy-efficient refrigeration technologies, and the integration of warehouse management software for real-time inventory tracking and management.
- Refrigerated Transport: Refrigerated transport utilizes specialized vehicles and containers to transport temperature-sensitive products under controlled conditions. Trends in this segment include the use of GPS-enabled tracking systems for real-time monitoring, the development of hybrid and electric refrigeration units for sustainable transportation, and the implementation of blockchain technology for enhanced traceability and transparency in the supply chain.
By Application
- Food & Beverages: Cold chain logistics in the food and beverages sector involves preserving perishable items like fresh produce, dairy, and frozen foods. Trends include the growing demand for organic and specialty foods, increased focus on traceability and food safety regulations, and the rise of direct-to-consumer delivery models.
- Pharmaceuticals & Healthcare: Cold chain logistics for pharmaceuticals and healthcare ensures the safe transport and storage of temperature-sensitive drugs, vaccines, and medical supplies. Trends include the expansion of biopharmaceuticals, stricter regulatory requirements, adoption of innovative temperature monitoring technologies, and increasing demand for last-mile delivery solutions.
- Chemicals & Materials: In the chemicals and materials sector, cold chain logistics encompasses the transportation and storage of temperature-sensitive chemicals, adhesives, and industrial materials. Trends include the adoption of cold chain solutions for specialty chemicals, increased focus on product quality and safety, and growing demand for just-in-time delivery to manufacturing facilities.
- Others: The “others” category in cold chain logistics covers various industries such as cosmetics, floral, and certain agricultural products. Trends include the rising demand for temperature-controlled transport of flowers and plants, increasing adoption of cold chain solutions in the cosmetics industry, and the expansion of cold storage facilities for specialized agricultural products like seeds and bulbs.
By Service
- Storage: Cold chain storage involves temperature-controlled facilities for preserving perishable goods during transit or before distribution. Trends include the adoption of automated storage systems, the expansion of cold storage capacity in emerging markets, and the integration of IoT technology for real-time monitoring of inventory and environmental conditions.
- Transportation: Cold chain transportation refers to the movement of temperature-sensitive products from production facilities to distribution centers or end-users. Trends include the use of refrigerated trucks equipped with advanced temperature monitoring systems, increasing adoption of intermodal transportation for long-distance shipments, and the implementation of green logistics practices to reduce carbon emissions.
- Value-Added Services: Value-added services in cold chain logistics encompass additional offerings such as packaging, labeling, quality control, and inventory management. Trends include customization of services to meet specific customer requirements, integration of blockchain technology for supply chain traceability, and the outsourcing of value-added services to third-party logistics providers for improved efficiency and cost-effectiveness.
- Others: This category includes ancillary services and emerging trends in cold chain logistics. Examples include cold chain packaging solutions tailored to different product types, specialized handling procedures for high-value or hazardous goods, and the development of temperature-sensitive pharmaceutical distribution networks to support global healthcare initiatives.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 368.1 Billion |
Projected Market Size in 2033 | USD 1,245.2 Billion |
Market Size in 2023 | USD 321.5 Billion |
CAGR Growth Rate | 14.5% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Temperature Type, Technology, Application, Service and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Cold Chain Logistics Market – Regional Analysis
The Cold Chain Logistics Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, a key trend in cold chain logistics is the increasing demand for fresh and organic foods, driven by consumer preferences for healthier options. Additionally, there’s a growing focus on last-mile delivery solutions, with companies investing in advanced refrigerated delivery vehicles and innovative packaging to ensure product freshness during transit.
- Europe: In Europe, one prominent trend is the adoption of sustainable cold chain practices, including the use of energy-efficient refrigeration systems and eco-friendly packaging materials. Another trend is the expansion of cold chain infrastructure in response to the growing e-commerce market, with investments in automated warehouses and temperature-controlled distribution centers.
- Asia-Pacific: In the Asia-Pacific region, a significant trend is the rapid growth of the pharmaceutical cold chain market, fueled by increasing healthcare spending and regulatory reforms. Another trend is the adoption of cold chain technologies to support the export of perishable goods, such as seafood and fresh produce, to international markets, driving investments in refrigerated transportation and storage facilities.
- LAMEA (Latin America, Middle East, and Africa): In the LAMEA region, a notable trend is the development of cold chain networks to support the export of agricultural products, including fruits, vegetables, and flowers, to global markets. Additionally, there’s a growing focus on improving cold chain infrastructure in urban areas to meet the rising demand for temperature-sensitive goods, particularly in the pharmaceutical and food sectors.
Competitive Landscape – Cold Chain Logistics Market
The Cold Chain Logistics Market is highly competitive, with a large number of manufacturers operating globally. Some of the key players in the market include:
- Americold Logistics LLC
- Lineage Logistics Holdings LLC
- Swire Cold Storage Ltd.
- Nichirei Corporation
- Preferred Freezer Services LLC
- Burris Logistics
- AGRO Merchants Group
- Kloosterboer Group B.V.
- VersaCold Logistics Services
- Interstate Cold Storage Inc.
- Cloverleaf Cold Storage Co.
- Henningsen Cold Storage Co.
- United States Cold Storage Inc.
- NewCold Advanced Cold Logistics
- Trenton Cold Storage Inc.
- Others
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
Emerging players in the cold chain logistics market, such as startups and technology-focused firms, are embracing innovation to enter the market. They’re leveraging technologies like IoT, blockchain, and data analytics to offer specialized solutions for temperature-controlled transportation and storage. These companies focus on addressing niche market needs, providing tailored services, and offering cost-effective alternatives to traditional cold chain logistics providers.
Established players like Americold Logistics, Lineage Logistics, and Swire Cold Storage dominate the cold chain logistics market. They maintain leadership through extensive global networks of temperature-controlled warehouses and transportation assets, offering comprehensive end-to-end solutions. These key players prioritize investments in technology, infrastructure, and quality assurance to ensure reliability, efficiency, and compliance with regulatory standards, thereby solidifying their market dominance and customer trust.
The Cold Chain Logistics Market is segmented as follows:
By Temperature Type
- Chilled
- Fruits & Vegetables
- Dairy Products
- Bakery & Confectionery
- Processed Foods
- Frozen
- Seafood
- Meat & Poultry
- Ice Cream & Frozen Desserts
- Pharmaceuticals
By Technology
- Refrigerated Storage
- Refrigerated Transport
By Application
- Food & Beverages
- Pharmaceuticals & Healthcare
- Chemicals & Materials
- Others
By Service
- Storage
- Transportation
- Value-Added Services
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Cold Chain Logistics Market, (2024 – 2033) (USD Billion)
- 2.2 Global Cold Chain Logistics Market: snapshot
- Chapter 3. Global Cold Chain Logistics Market – Industry Analysis
- 3.1 Cold Chain Logistics Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing Demand for Perishable Goods
- 3.2.2 Stringent Regulations and Quality Standards
- 3.2.3 Rapid Expansion of E-commerce
- 3.2.4 Advancements in Cold Chain Technologies
- 3.2.5 Expansion into Emerging Markets
- 3.2.6 Integration of Sustainable Practices.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Temperature Type
- 3.7.2 Market Attractiveness Analysis By Technology
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By Service
- Chapter 4. Global Cold Chain Logistics Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Cold Chain Logistics Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Cold Chain Logistics Market – Temperature Type Analysis
- 5.1 Global Cold Chain Logistics Market Overview: By Temperature Type
- 5.1.1 Global Cold Chain Logistics Market Share, By Temperature Type, 2023 and 2033
- 5.2 Chilled
- 5.2.1 Global Cold Chain Logistics Market by Chilled, 2024 – 2033 (USD Billion)
- 5.3 Fruits & Vegetables
- 5.3.1 Global Cold Chain Logistics Market by Fruits & Vegetables, 2024 – 2033 (USD Billion)
- 5.4 Dairy Products
- 5.4.1 Global Cold Chain Logistics Market by Dairy Products, 2024 – 2033 (USD Billion)
- 5.5 Bakery & Confectionery
- 5.5.1 Global Cold Chain Logistics Market by Bakery & Confectionery, 2024 – 2033 (USD Billion)
- 5.6 Processed Foods
- 5.6.1 Global Cold Chain Logistics Market by Processed Foods, 2024 – 2033 (USD Billion)
- 5.7 Frozen
- 5.7.1 Global Cold Chain Logistics Market by Frozen, 2024 – 2033 (USD Billion)
- 5.8 Seafood
- 5.8.1 Global Cold Chain Logistics Market by Seafood, 2024 – 2033 (USD Billion)
- 5.9 Meat & Poultry
- 5.9.1 Global Cold Chain Logistics Market by Meat & Poultry, 2024 – 2033 (USD Billion)
- 5.10 Ice Cream & Frozen Desserts
- 5.10.1 Global Cold Chain Logistics Market by Ice Cream & Frozen Desserts, 2024 – 2033 (USD Billion)
- 5.11 Pharmaceuticals
- 5.11.1 Global Cold Chain Logistics Market by Pharmaceuticals, 2024 – 2033 (USD Billion)
- 5.1 Global Cold Chain Logistics Market Overview: By Temperature Type
- Chapter 6. Global Cold Chain Logistics Market – Technology Analysis
- 6.1 Global Cold Chain Logistics Market Overview: By Technology
- 6.1.1 Global Cold Chain Logistics Market Share, By Technology, 2023 and 2033
- 6.2 Refrigerated Storage
- 6.2.1 Global Cold Chain Logistics Market by Refrigerated Storage, 2024 – 2033 (USD Billion)
- 6.3 Refrigerated Transport
- 6.3.1 Global Cold Chain Logistics Market by Refrigerated Transport, 2024 – 2033 (USD Billion)
- 6.1 Global Cold Chain Logistics Market Overview: By Technology
- Chapter 7. Global Cold Chain Logistics Market – Application Analysis
- 7.1 Global Cold Chain Logistics Market Overview: By Application
- 7.1.1 Global Cold Chain Logistics Market Share, By Application, 2023 and 2033
- 7.2 Food & Beverages
- 7.2.1 Global Cold Chain Logistics Market by Food & Beverages, 2024 – 2033 (USD Billion)
- 7.3 Pharmaceuticals & Healthcare
- 7.3.1 Global Cold Chain Logistics Market by Pharmaceuticals & Healthcare, 2024 – 2033 (USD Billion)
- 7.4 Chemicals & Materials
- 7.4.1 Global Cold Chain Logistics Market by Chemicals & Materials, 2024 – 2033 (USD Billion)
- 7.5 Others
- 7.5.1 Global Cold Chain Logistics Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Cold Chain Logistics Market Overview: By Application
- Chapter 8. Global Cold Chain Logistics Market – Service Analysis
- 8.1 Global Cold Chain Logistics Market Overview: By Service
- 8.1.1 Global Cold Chain Logistics Market Share, By Service, 2023 and 2033
- 8.2 Storage
- 8.2.1 Global Cold Chain Logistics Market by Storage, 2024 – 2033 (USD Billion)
- 8.3 Storage
- 8.3.1 Global Cold Chain Logistics Market by Storage, 2024 – 2033 (USD Billion)
- 8.4 Transportation
- 8.4.1 Global Cold Chain Logistics Market by Transportation, 2024 – 2033 (USD Billion)
- 8.5 Value-Added Services
- 8.5.1 Global Cold Chain Logistics Market by Value-Added Services, 2024 – 2033 (USD Billion)
- 8.6 Others
- 8.6.1 Global Cold Chain Logistics Market by Others, 2024 – 2033 (USD Billion)
- 8.1 Global Cold Chain Logistics Market Overview: By Service
- Chapter 9. Cold Chain Logistics Market – Regional Analysis
- 9.1 Global Cold Chain Logistics Market Regional Overview
- 9.2 Global Cold Chain Logistics Market Share, by Region, 2023 & 2033 (USD Billion)
- 9.3. North America
- 9.3.1 North America Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.3.1.1 North America Cold Chain Logistics Market, by Country, 2024 – 2033 (USD Billion)
- 9.3.1 North America Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.4 North America Cold Chain Logistics Market, by Temperature Type, 2024 – 2033
- 9.4.1 North America Cold Chain Logistics Market, by Temperature Type, 2024 – 2033 (USD Billion)
- 9.5 North America Cold Chain Logistics Market, by Technology, 2024 – 2033
- 9.5.1 North America Cold Chain Logistics Market, by Technology, 2024 – 2033 (USD Billion)
- 9.6 North America Cold Chain Logistics Market, by Application, 2024 – 2033
- 9.6.1 North America Cold Chain Logistics Market, by Application, 2024 – 2033 (USD Billion)
- 9.7 North America Cold Chain Logistics Market, by Service, 2024 – 2033
- 9.7.1 North America Cold Chain Logistics Market, by Service, 2024 – 2033 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.8.1.1 Europe Cold Chain Logistics Market, by Country, 2024 – 2033 (USD Billion)
- 9.8.1 Europe Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.9 Europe Cold Chain Logistics Market, by Temperature Type, 2024 – 2033
- 9.9.1 Europe Cold Chain Logistics Market, by Temperature Type, 2024 – 2033 (USD Billion)
- 9.10 Europe Cold Chain Logistics Market, by Technology, 2024 – 2033
- 9.10.1 Europe Cold Chain Logistics Market, by Technology, 2024 – 2033 (USD Billion)
- 9.11 Europe Cold Chain Logistics Market, by Application, 2024 – 2033
- 9.11.1 Europe Cold Chain Logistics Market, by Application, 2024 – 2033 (USD Billion)
- 9.12 Europe Cold Chain Logistics Market, by Service, 2024 – 2033
- 9.12.1 Europe Cold Chain Logistics Market, by Service, 2024 – 2033 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.13.1.1 Asia Pacific Cold Chain Logistics Market, by Country, 2024 – 2033 (USD Billion)
- 9.13.1 Asia Pacific Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.14 Asia Pacific Cold Chain Logistics Market, by Temperature Type, 2024 – 2033
- 9.14.1 Asia Pacific Cold Chain Logistics Market, by Temperature Type, 2024 – 2033 (USD Billion)
- 9.15 Asia Pacific Cold Chain Logistics Market, by Technology, 2024 – 2033
- 9.15.1 Asia Pacific Cold Chain Logistics Market, by Technology, 2024 – 2033 (USD Billion)
- 9.16 Asia Pacific Cold Chain Logistics Market, by Application, 2024 – 2033
- 9.16.1 Asia Pacific Cold Chain Logistics Market, by Application, 2024 – 2033 (USD Billion)
- 9.17 Asia Pacific Cold Chain Logistics Market, by Service, 2024 – 2033
- 9.17.1 Asia Pacific Cold Chain Logistics Market, by Service, 2024 – 2033 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.18.1.1 Latin America Cold Chain Logistics Market, by Country, 2024 – 2033 (USD Billion)
- 9.18.1 Latin America Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.19 Latin America Cold Chain Logistics Market, by Temperature Type, 2024 – 2033
- 9.19.1 Latin America Cold Chain Logistics Market, by Temperature Type, 2024 – 2033 (USD Billion)
- 9.20 Latin America Cold Chain Logistics Market, by Technology, 2024 – 2033
- 9.20.1 Latin America Cold Chain Logistics Market, by Technology, 2024 – 2033 (USD Billion)
- 9.21 Latin America Cold Chain Logistics Market, by Application, 2024 – 2033
- 9.21.1 Latin America Cold Chain Logistics Market, by Application, 2024 – 2033 (USD Billion)
- 9.22 Latin America Cold Chain Logistics Market, by Service, 2024 – 2033
- 9.22.1 Latin America Cold Chain Logistics Market, by Service, 2024 – 2033 (USD Billion)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Cold Chain Logistics Market, by Country, 2024 – 2033 (USD Billion)
- 9.23.1 The Middle-East and Africa Cold Chain Logistics Market, 2024 – 2033 (USD Billion)
- 9.24 The Middle-East and Africa Cold Chain Logistics Market, by Temperature Type, 2024 – 2033
- 9.24.1 The Middle-East and Africa Cold Chain Logistics Market, by Temperature Type, 2024 – 2033 (USD Billion)
- 9.25 The Middle-East and Africa Cold Chain Logistics Market, by Technology, 2024 – 2033
- 9.25.1 The Middle-East and Africa Cold Chain Logistics Market, by Technology, 2024 – 2033 (USD Billion)
- 9.26 The Middle-East and Africa Cold Chain Logistics Market, by Application, 2024 – 2033
- 9.26.1 The Middle-East and Africa Cold Chain Logistics Market, by Application, 2024 – 2033 (USD Billion)
- 9.27 The Middle-East and Africa Cold Chain Logistics Market, by Service, 2024 – 2033
- 9.27.1 The Middle-East and Africa Cold Chain Logistics Market, by Service, 2024 – 2033 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 Americold Logistics LLC
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Lineage Logistics Holdings LLC
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Swire Cold Storage Ltd.
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Nichirei Corporation
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Preferred Freezer Services LLC
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Burris Logistics
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 AGRO Merchants Group
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Kloosterboer Group B.V.
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 VersaCold Logistics Services
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Interstate Cold Storage Inc.
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Cloverleaf Cold Storage Co.
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Henningsen Cold Storage Co.
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 United States Cold Storage Inc.
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 NewCold Advanced Cold Logistics
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 Trenton Cold Storage Inc.
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Others.
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.1 Americold Logistics LLC
List Of Figures
Figures No 1 to 39
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Americold Logistics LLC
- Lineage Logistics Holdings LLC
- Swire Cold Storage Ltd.
- Nichirei Corporation
- Preferred Freezer Services LLC
- Burris Logistics
- AGRO Merchants Group
- Kloosterboer Group B.V.
- VersaCold Logistics Services
- Interstate Cold Storage Inc.
- Cloverleaf Cold Storage Co.
- Henningsen Cold Storage Co.
- United States Cold Storage Inc.
- NewCold Advanced Cold Logistics
- Trenton Cold Storage Inc.
- Others
FAQs
The key factors driving the Market are Growing Demand for Perishable Goods, Stringent Regulations and Quality Standards, Rapid Expansion of E-commerce, Advancements in Cold Chain Technologies, Expansion into Emerging Markets, Integration of Sustainable Practices.
The “Food & Beverages” had the largest share in the global market for Cold Chain Logistics
The “Chilled” category dominated the market in 2023.
The key players in the market are Americold Logistics LLC, Lineage Logistics Holdings LLC, Swire Cold Storage Ltd., Nichirei Corporation, Preferred Freezer Services LLC, Burris Logistics, AGRO Merchants Group, Kloosterboer Group B.V., VersaCold Logistics Services, Interstate Cold Storage Inc., Cloverleaf Cold Storage Co., Henningsen Cold Storage Co., United States Cold Storage Inc., NewCold Advanced Cold Logistics, Trenton Cold Storage Inc., Others.
“North America” had the largest share in the Cold Chain Logistics Market.
The global market is projected to grow at a CAGR of 14.5% during the forecast period, 2024-2033.
The Cold Chain Logistics Market size was valued at USD 368.1 Billion in 2024.