Europe Cold Chain 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 - 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 Europe Cold Chain Market is expected to record a CAGR of 14.1% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 105.5 Billion. By 2033, the valuation is anticipated to reach USD 356.7 Billion.
The Europe Cold Chain Market encompasses the storage, transportation, and distribution of temperature-sensitive products such as food, pharmaceuticals, and healthcare supplies under controlled conditions. It involves a network of specialized facilities, including refrigerated warehouses, vehicles, and packaging solutions, to maintain specific temperature ranges and ensure product integrity throughout the supply chain.
With the region’s growing demand for perishable goods, stringent regulatory standards, and technological advancements in cold chain logistics, the Europe Cold Chain Market plays a vital role in supporting industries like food and pharmaceuticals by safeguarding product quality, safety, and compliance with regulatory requirements.
Europe Cold Chain Market – Significant Growth Factors
The Europe Cold Chain Market presents significant growth opportunities due to several factors:
- Increasing Demand for Perishable Goods: The growing consumer demand for perishable products like fresh produce, dairy, and pharmaceuticals is a significant driver of the Europe Cold Chain Market. This demand is propelled by factors such as changing dietary preferences, urbanization, and the rise of e-commerce.
- Stringent Regulatory Standards: Strict regulations and quality standards imposed by European regulatory authorities, particularly in the food and pharmaceutical sectors, are driving the adoption of cold chain logistics services. Compliance with regulations such as Good Distribution Practice (GDP) guidelines and Hazard Analysis and Critical Control Points (HACCP) is essential, stimulating market growth.
- Technological Advancements: Advances in cold chain technologies, including IoT-enabled sensors, blockchain-based traceability solutions, and data analytics, are driving efficiencies in cold chain logistics operations. These innovations enhance visibility, traceability, and real-time monitoring, improving the reliability and safety of temperature-sensitive products during transportation and storage.
- Expansion of E-commerce: The rapid growth of e-commerce in Europe is driving the demand for cold chain logistics services. Consumers increasingly expect fast and reliable delivery of perishable goods, necessitating temperature-controlled transportation and storage solutions to ensure product freshness and quality.
- Expansion into Emerging Markets: There are significant opportunities for cold chain logistics providers to expand into emerging markets within Europe and beyond. Countries in Eastern Europe and the Baltic States, for example, present untapped potential for cold chain infrastructure development to meet the growing demand for perishable goods.
- Integration of Sustainable Practices: There is a growing emphasis on sustainability and environmental responsibility in the Europe Cold Chain Market. Opportunities exist for companies to integrate sustainable practices such as energy-efficient refrigeration systems, eco-friendly packaging materials, and green logistics practices, meeting consumer demand.
Europe Cold Chain Market – Mergers and Acquisitions
The Europe Cold Chain 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 Europe Cold Chain 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 have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Europe Cold Chain Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Europe Cold Chain Market | Cold Chain Logistics Market | Zero-Carbon Shipping Market |
CAGR 14.1% (Approx) | CAGR 14.5% (Approx) | CAGR 8.2% (Approx) |
USD 356.7 Billion by 2033 | USD 1,245.2 Billion by 2033 | USD 4,746.2 Million by 2033 |
Europe Cold Chain Market – Significant Threats
The Europe Cold Chain 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, geopolitical tensions, or global pandemics, pose a significant threat to the Europe Cold Chain 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 Europe Cold Chain 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 in the Europe Cold Chain Market. 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 in Europe. 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.
Category-Wise Insights
By Temperature Type:
- Chilled: In the Europe Cold Chain Market, chilled temperature type refers to products maintained at temperatures typically ranging from 0°C to 8°C during storage and transportation. Trends include the increasing demand for chilled perishable goods like fresh produce, dairy, and beverages. Companies are investing in advanced refrigeration technologies and efficient transportation solutions to ensure product freshness and quality, catering to changing consumer preferences and regulatory requirements.
- Frozen: Frozen temperature type in the Europe Cold Chain Market involves products stored and transported at temperatures below 0°C to maintain their quality and safety. Trends include the growing demand for frozen food products, including meats, seafood, and processed foods. Companies are adopting innovative freezing technologies and expanding cold storage capacities to meet the rising demand for frozen products driven by changing lifestyles and consumer preferences.
By Technology
- Refrigerated Storage: Refrigerated storage in the Europe Cold Chain Market involves temperature-controlled warehouses and facilities for storing perishable goods. Trends include the adoption of energy-efficient refrigeration systems, automation for inventory management, and the integration of IoT sensors for real-time monitoring. Additionally, there’s a growing demand for cold storage solutions that can accommodate diverse product requirements, such as varying temperature ranges and specialized handling needs, to meet evolving market demands.
- Refrigerated Transport: Refrigerated transport in the Europe Cold Chain Market refers to the transportation of temperature-sensitive goods via refrigerated vehicles or containers. Trends include the use of advanced refrigeration technologies, such as cryogenic cooling and diesel-electric hybrid systems, to maintain precise temperature control during transit. Additionally, there’s a shift towards telematics and GPS tracking solutions to enhance visibility, optimize routes, and ensure timely delivery of perishable products across Europe’s transportation networks.
By Application
- Food & Beverages: Cold chain logistics for food and beverages involve the storage and transportation of perishable items like fresh produce, dairy, and beverages under controlled conditions. Trends include the increasing demand for organic and fresh products, the rise of online grocery shopping, and the adoption of sustainable packaging solutions to reduce environmental impact.
- Pharmaceuticals & Healthcare: In the pharmaceutical and healthcare sector, cold chain logistics ensures the safe and secure transport of temperature-sensitive medications, vaccines, and biologics. Trends include the growing demand for specialty drugs, the expansion of biopharmaceutical manufacturing, and the adoption of advanced temperature-monitoring technologies to maintain product efficacy and compliance with regulatory standards.
- Chemicals & Materials: Cold chain logistics for chemicals and materials involve the transportation and storage of temperature-sensitive substances such as hazardous chemicals, adhesives, and electronic components. Trends include the increasing demand for temperature-controlled transportation solutions for sensitive materials, the adoption of RFID technology for tracking and monitoring, and the implementation of strict safety protocols to prevent contamination or damage during transit.
- Others: The “Others” category in cold chain logistics encompasses various applications beyond food, pharmaceuticals, and chemicals. This may include cold chain services for floral products, cosmetics, aerospace components, and other temperature-sensitive goods. Trends in this segment vary widely depending on the specific industry requirements and consumer preferences, but generally include the adoption of specialized packaging solutions and temperature-controlled transportation options to ensure product quality and integrity.
By Service
- Storage: Cold chain storage in Europe involves the provision of temperature-controlled facilities for preserving perishable goods during transit or before distribution. Trends include the adoption of automated storage systems, expansion of capacity in emerging markets, and integration of IoT technology for real-time monitoring.
- Transportation: Cold chain transportation in Europe 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 monitoring systems, increased adoption of intermodal transportation, and the implementation of green logistics practices.
- Value-Added Services: Value-added services in the Europe Cold Chain Market 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 traceability and outsourcing of value-added services to third-party providers for efficiency.
- Others: This category includes ancillary services and emerging trends in the Europe Cold Chain Market. Examples include cold chain packaging solutions tailored to different product types, specialized handling procedures for high-value goods, and the development of temperature-sensitive pharmaceutical distribution networks to support healthcare initiatives.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 105.5 Billion |
Projected Market Size in 2033 | USD 356.7 Billion |
Market Size in 2023 | USD 92.1 Billion |
CAGR Growth Rate | 14.1% 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 | Europe |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Competitive Landscape – Europe Cold Chain Market
The Europe Cold Chain Market is highly competitive, with a large number of manufacturers operating in Europe. 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 Europe Cold Chain 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 Europe Cold Chain Market. They maintain leadership through extensive 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, solidifying their market dominance and customer trust.
The Europe Cold Chain 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:
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
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 Europe Cold Chain Market, (2024 – 2033) (USD Billion)
- 2.2 Europe Cold Chain Market: snapshot
- Chapter 3. Europe Cold Chain Market – Industry Analysis
- 3.1 Europe Cold Chain Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing Demand for Perishable Goods
- 3.2.2 Stringent Regulatory Standards
- 3.2.3 Technological Advancements
- 3.2.4 Expansion of E-commerce
- 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. Europe Cold Chain Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Europe Cold Chain 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. Europe Cold Chain Market – Temperature Type Analysis
- 5.1 Europe Cold Chain Market Overview: By Temperature Type
- 5.1.1 Europe Cold Chain Market Share, By Temperature Type, 2023 and 2033
- 5.2 Chilled
- 5.2.1 Europe Cold Chain Market by Chilled, 2024 – 2033 (USD Billion)
- 5.3 Fruits & Vegetables
- 5.3.1 Europe Cold Chain Market by Fruits & Vegetables, 2024 – 2033 (USD Billion)
- 5.4 Dairy Products
- 5.4.1 Europe Cold Chain Market by Dairy Products, 2024 – 2033 (USD Billion)
- 5.5 Bakery & Confectionery
- 5.5.1 Europe Cold Chain Market by Bakery & Confectionery, 2024 – 2033 (USD Billion)
- 5.6 Processed Foods
- 5.6.1 Europe Cold Chain Market by Processed Foods, 2024 – 2033 (USD Billion)
- 5.7 Frozen
- 5.7.1 Europe Cold Chain Market by Frozen, 2024 – 2033 (USD Billion)
- 5.8 Seafood
- 5.8.1 Europe Cold Chain Market by Seafood, 2024 – 2033 (USD Billion)
- 5.9 Meat & Poultry
- 5.9.1 Europe Cold Chain Market by Meat & Poultry, 2024 – 2033 (USD Billion)
- 5.10 Ice Cream & Frozen Desserts
- 5.10.1 Europe Cold Chain Market by Ice Cream & Frozen Desserts, 2024 – 2033 (USD Billion)
- 5.11 Pharmaceuticals
- 5.11.1 Europe Cold Chain Market by Pharmaceuticals, 2024 – 2033 (USD Billion)
- 5.1 Europe Cold Chain Market Overview: By Temperature Type
- Chapter 6. Europe Cold Chain Market – Technology Analysis
- 6.1 Europe Cold Chain Market Overview: By Technology
- 6.1.1 Europe Cold Chain Market Share, By Technology, 2023 and 2033
- 6.2 Refrigerated Storage
- 6.2.1 Europe Cold Chain Market by Refrigerated Storage, 2024 – 2033 (USD Billion)
- 6.3 Refrigerated Transport
- 6.3.1 Europe Cold Chain Market by Refrigerated Transport, 2024 – 2033 (USD Billion)
- 6.1 Europe Cold Chain Market Overview: By Technology
- Chapter 7. Europe Cold Chain Market – Application Analysis
- 7.1 Europe Cold Chain Market Overview: By Application
- 7.1.1 Europe Cold Chain Market Share, By Application, 2023 and 2033
- 7.2 Food & Beverages
- 7.2.1 Europe Cold Chain Market by Food & Beverages, 2024 – 2033 (USD Billion)
- 7.3 Pharmaceuticals & Healthcare
- 7.3.1 Europe Cold Chain Market by Pharmaceuticals & Healthcare, 2024 – 2033 (USD Billion)
- 7.4 Chemicals & Materials
- 7.4.1 Europe Cold Chain Market by Chemicals & Materials, 2024 – 2033 (USD Billion)
- 7.5 Others
- 7.5.1 Europe Cold Chain Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Europe Cold Chain Market Overview: By Application
- Chapter 8. Europe Cold Chain Market – Service Analysis
- 8.1 Europe Cold Chain Market Overview: By Service
- 8.1.1 Europe Cold Chain Market Share, By Service, 2023 and 2033
- 8.2 Storage
- 8.2.1 Europe Cold Chain Market by Storage, 2024 – 2033 (USD Billion)
- 8.3 Transportation
- 8.3.1 Europe Cold Chain Market by Transportation, 2024 – 2033 (USD Billion)
- 8.4 Value-Added Services
- 8.4.1 Europe Cold Chain Market by Value-Added Services, 2024 – 2033 (USD Billion)
- 8.5 Others
- 8.5.1 Europe Cold Chain Market by Others, 2024 – 2033 (USD Billion)
- 8.1 Europe Cold Chain Market Overview: By Service
- Chapter 9. Europe Cold Chain Market – Regional Analysis
- 9.1 Europe Cold Chain Market Regional Overview
- 9.2 Europe Cold Chain Market Share, by Region, 2023 & 2033 (USD Billion)
- 9.3. Europe
- 9.3.1 Europe Europe Cold Chain Market, 2024 – 2033 (USD Billion)
- 9.3.1.1 Europe Europe Cold Chain Market, by Country, 2024 – 2033 (USD Billion)
- 9.3.1 Europe Europe Cold Chain Market, 2024 – 2033 (USD Billion)
- 9.4 Europe Europe Cold Chain Market, by Temperature Type, 2024 – 2033
- 9.4.1 Europe Europe Cold Chain Market, by Temperature Type, 2024 – 2033 (USD Billion)
- 9.5 Europe Europe Cold Chain Market, by Technology, 2024 – 2033
- 9.5.1 Europe Europe Cold Chain Market, by Technology, 2024 – 2033 (USD Billion)
- 9.6 Europe Europe Cold Chain Market, by Application, 2024 – 2033
- 9.6.1 Europe Europe Cold Chain Market, by Application, 2024 – 2033 (USD Billion)
- 9.7 Europe Europe Cold Chain Market, by Service, 2024 – 2033
- 9.7.1 Europe Europe Cold Chain 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 34
List Of Tables
Tables No 1 to 6
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 Increasing Demand for Perishable Goods, Stringent Regulatory Standards, Technological Advancements, Expansion of E-commerce, Expansion into Emerging Markets, Integration of Sustainable Practices.
The “Food & Beverages” had the largest share in the market for Europe Cold Chain.
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.
The market is projected to grow at a CAGR of 14.1% during the forecast period, 2024-2033.
The Europe Cold Chain Market size was valued at USD 105.5 Billion in 2024.