Cold Chain Market By Type (Refrigerated Storage & Transport), Temperature Type (Chilled and Frozen), Application, and Region – Industry Analysis and Forecast to 2033
The global cold chain market is expected to grow from USD 221.8 billion in 2023 to USD 583.9 billion by 2033 at a CAGR of 10.16%.
Cold Chain Market CAGR
2023-2033
CAGR OF
10.16%
Cold Chain Market
A cold chain is a supply chain that is controlled by temperature. The continuous cold chain involves a series of processes such as refrigerated production, storage and distribution activities, along with associated equipment and logistics, which is maintained at desired low-temperature range. It is mainly helpful in preserving and to extend and ensure the shelf life of products, such as fresh agricultural produce, seafood, frozen food, photographic film, chemicals, and pharmaceutical drugs. Burgeoning of connected devices and automation of freezer enabled warehouses across the globe is anticipated to spur the growth. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the market. The historic years considered for the study are 2018-2021, the base year is 2022, the estimated year is 2023, and the forecast period is 2023-2033.
Cold Chain Market: Market Dynamics
The increasing demand for perishable food items coupled with increasing support from the government for infrastructural developments is the key factor to propel the overall market growth. Additionally, an increase in demand for conventional foods coupled with improving the shelf life of these foods has also aided in market growth. However, high infrastructure costs can act as a hindrance to the market growth.
Cold Chain Market: Segmental Analysis
Cold Chain Market
By Type
Refrigerated Storage
Transport
The Market will Grow
At the CAGR of:
10.16%
The Forecast Market
Size for 2033 in USD:
$583.9B
The global cold chain market is classified into type, temperature type, application, and region. Based on the type, the market is segmented into refrigeration storage and transport. The refrigeration storage segment accounted for the largest market share in 2023, which is also anticipated to witness a higher growth rate during the forecast period owing to increase preference for packaged foods, worldwide.
Cold Chain Market
By Temperature Type
XX%
Chilled
Frozen
221.8
Total Market Size
USD (Billion), 2023
10.16%
CAGR
2023 - 2033
Based on the application segment, the market is classified into dairy & frozen desserts, meat, fish & seafood, fruits and vegetables, and bakery & confectionary. The bakery & confectionery segment accounted for the largest market share in 2023, which is projected to continue its position by the end of 2033, due to changes in food habits among consumers coupled with increasing disposal incomes.
Global Cold Chain Market: Regional Analysis
Cold Chain Market
By Region
The Market will Grow
At the CAGR of:
10.16%
The Forecast Market
Size for 2033 in USD:
$583.9B
Geographically, the market is segmented into North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Europe accounted for the largest market share in 2023, which is expected to exhibit to continue with its position by 2033. Increased penetration of connected devices is expected to further fuel the market growth during the forecast period. However, Asia-Pacific region is projected to witness maximum CAGR during the forecast period.
Global Cold Chain Market: Competition Scenario
Key players operating in the cold chain market are Americold Logistics LLC , Al Rai Logistica K.S.C , Burris Logistics, Inc. , Lineage Logistics, Agro Merchants Group LLC , Swire Group, Berlinger & Co. AG and Henningsen Cold Chain Company.
Critical Questions Answered in the Report
What are the key trends in the market? How the market (and its various sub segments) has grown in last four years and what would be the growth rate in next five years? What are the key strategies adopted by the major vendors to lead in the market? What is the market share of the top players?
Research Methodology
The research study extensively uses both secondary and primary research methodologies. More than 200 industry leaders from various phases of the value chain (demand side, supply side, resellers/distributors, and other independent consultants) were interviewed to gain crucial insights about this market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.
Cold Chain Market Scope:
Report Data
Cold Chain Market
Cold Chain Market Forecast Value 2033
583.9Billion
Cold Chain Market CAGR 2023 - 2033
10.16%
Cold Chain Market Forecast Period
2023 - 2033
Cold Chain Market Base Year
2022
Regional Scope
North America, Europe, Asia Pacific, South America, and Middle East & Africa
Key Companies Profiled
Americold Logistics LLC , Al Rai Logistica K.S.C , Burris Logistics, Inc. , Lineage Logistics, Agro Merchants Group LLC , Swire Group, Berlinger & Co. AG and Henningsen Cold Chain Company.
Key Segments
By Type
Refrigerated Storage
Transport
By Temperature Type
Chilled
Frozen
By Application
Dairy & Frozen Desserts
Meat
Fish & Seafood
Fruits and Vegetables
Bakery & Confectionary
By Region
North America
Europe
Asia-Pacific
South America
Middle-East & Africa
Report Coverage
Market Sizing, Market Forecasting, Market Dynamics, Market Trends, Market Development Analysis, Market Share Analysis, Regional Analysis, Competitive Positioning, Competitive Benchmarking, Competitive Landscape, Company Profiling, Regulation Analysis, etc.
1 Executive Summary
2 Market Introduction 2.1 Definition 2.2 Architecture 2.3 Scope of the Study 2.4 Related Stakeholders
3 Research Methodology 3.1 Introduction 3.2 Primary Research 3.2.1 Key Insights 3.2.2 Breakdown of Primary Interviews 3.3 Secondary Research 3.3.1 Important Sources 3.4 Market Size Estimation Approaches 3.4.1 Top-Down Approach 3.4.2 Bottom-Up Approach 3.4.3 Data Triangulation 3.5 List of Assumptions
4 Market Dynamics 4.1 Introduction 4.2 Drivers 4.2.1 The Increased Consumer Demand for Perishable Food Items 4.2.2 Government Support for Infrastructural Development 4.3 Restraints 4.3.1 High Energy Requirements & Higher Infrastructure Costs 4.3.2 Increased Concerns Regarding Greenhouse Gas Emissions 4.4 Opportunities 4.4.1 Applications and Adoption of High-end Software 4.5 Porter's Five Forces Model Analysis 4.6 Value Chain Analysis 4.7 Regulatory Landscape 4.8 Impact of COVID 19: Overview
5 Cold Chain Market, By Type 5.1 Introduction 5.2 Refrigerated Storage 5.3 Transport
6 Cold Chain Market, By Temperature Type 6.1 Introduction 6.2 Chilled 6.3 Frozen
8 Cold Chain Market, By Region 8.1 Introduction 8.2 North America 8.2.1 US 8.2.2 Canada 8.2.3 Mexico 8.3 Europe 8.3.1 Germany 8.3.2 UK 8.3.3 France 8.3.4 Italy 8.3.5 Spain 8.3.6 Rest of Europe 8.4 Asia-Pacific 8.4.1 China 8.4.2 India 8.4.3 Japan 8.4.4 South Korea 8.4.5 Rest of Asia-Pacific 8.5 Middle East & Africa 8.6 South America
10 Company Profiles (This section covers the Business Overview, Financial Overview, Product and Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.) 10.1 Americold Logistics LLC 10.2 Al Rai Logistica K.S.C 10.3 Burris Logistics, Inc. 10.4 Lineage Logistics 10.5 Agro Merchants Group LLC 10.6 Swire Group 10.7 Berlinger & Co. AG 10.8 Henningsen Cold Chain Company
Table 1 Cold Chain Market, By Type, 2023-2033 (USD Million) Table 2 Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 3 Cold Chain Market, By Application, 2023-2033 (USD Million) Table 4 Cold Chain Market, By Region, 2023-2033 (USD Million) Table 5 North America Cold Chain Market, By Country, 2023-2033 (USD Million) Table 6 North America Cold Chain Market, By Type, 2023-2033 (USD Million) Table 7 North America Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 8 North America Cold Chain Market, By Application, 2023-2033 (USD Million) Table 9 US Cold Chain Market, By Type, 2023-2033 (USD Million) Table 10 US Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 11 US Cold Chain Market, By Application, 2023-2033 (USD Million) Table 12 Canada Cold Chain Market, By Type, 2023-2033 (USD Million) Table 13 Canada Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 14 Canada Cold Chain Market, By Application, 2023-2033 (USD Million) Table 15 Mexico Cold Chain Market, By Type, 2023-2033 (USD Million) Table 16 Mexico Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 17 Mexico Cold Chain Market, By Application, 2023-2033 (USD Million) Table 18 Europe Cold Chain Market, By Country, 2023-2033 (USD Million) Table 19 Europe Cold Chain Market, By Type, 2023-2033 (USD Million) Table 20 Europe Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 21 Europe Cold Chain Market, By Application, 2023-2033 (USD Million) Table 22 Germany Cold Chain Market, By Type, 2023-2033 (USD Million) Table 23 Germany Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 24 Germany Cold Chain Market, By Function, 2023-2033 (USD Million) Table 25 Germany Cold Chain Market, By Application, 2023-2033 (USD Million) Table 26 UK Cold Chain Market, By Type, 2023-2033 (USD Million) Table 27 UK Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 28 UK Cold Chain Market, By Application, 2023-2033 (USD Million) Table 29 France Cold Chain Market, By Type, 2023-2033 (USD Million) Table 30 France Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 31 France Cold Chain Market, By Application, 2023-2033 (USD Million) Table 32 Italy Cold Chain Market, By Type, 2023-2033 (USD Million) Table 33 Italy Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 34 Italy Cold Chain Market, By Application, 2023-2033 (USD Million) Table 35 Spain Cold Chain Market, By Type, 2023-2033 (USD Million) Table 36 Spain Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 37 Spain Cold Chain Market, By Application, 2023-2033 (USD Million) Table 38 Rest of Europe Cold Chain Market, By Type, 2023-2033 (USD Million) Table 39 Rest of Europe Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 40 Rest of Europe Cold Chain Market, By Application, 2023-2033 (USD Million) Table 41 Asia-Pacific Cold Chain Market, By Country, 2023-2033 (USD Million) Table 42 Asia-Pacific Cold Chain Market, By Type, 2023-2033 (USD Million) Table 43 Asia-Pacific Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 44 Asia-Pacific Cold Chain Market, By Application, 2023-2033 (USD Million) Table 45 China Cold Chain Market, By Type, 2023-2033 (USD Million) Table 46 China Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 47 China Cold Chain Market, By Application, 2023-2033 (USD Million) Table 48 India Cold Chain Market, By Type, 2023-2033 (USD Million) Table 49 India Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 50 India Cold Chain Market, By Application, 2023-2033 (USD Million) Table 51 Japan Cold Chain Market, By Type, 2023-2033 (USD Million) Table 52 Japan Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 53 Japan Cold Chain Market, By Application, 2023-2033 (USD Million) Table 54 South Korea Cold Chain Market, By Type, 2023-2033 (USD Million) Table 55 South Korea Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 56 South Korea Cold Chain Market, By Application, 2023-2033 (USD Million) Table 57 Rest of Asia-Pacific Cold Chain Market, By Type, 2023-2033 (USD Million) Table 58 Rest of Asia-Pacific Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 59 Rest of Asia-Pacific Cold Chain Market, By Application, 2023-2033 (USD Million) Table 60 Middle East and Africa Cold Chain Market, By Type, 2023-2033 (USD Million) Table 61 Middle East and Africa Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 62 Middle East and Africa Cold Chain Market, By Application, 2023-2033 (USD Million) Table 63 South America Cold Chain Market, By Type, 2023-2033 (USD Million) Table 64 South America Cold Chain Market, By Temperature Type, 2023-2033 (USD Million) Table 65 South America Cold Chain Market, By Application, 2023-2033 (USD Million)
List of Figures
Figure 1 Cold Chain Market: Market Segmentation Figure 2 Cold Chain Market: Research Methodology Figure 3 Breakdown of Primary Interviews Figure 4 Top Down Approach Figure 5 Bottom Up Approach Figure 6 Data Triangulation Figure 7 Cold Chain Market: Drivers, Restraints, Opportunities, and Challenges Figure 8 Cold Chain Market: Porter's Five Forces Model Analysis Figure 9 Cold Chain Market: Value Chain Analysis Figure 10 Cold Chain Market Share Analysis, By Type, 2023 and 2033 Figure 11 Cold Chain Market Share Analysis, By Temperature Type, 2023 and 2033 Figure 12 Cold Chain Market Share Analysis, By Application, 2023 and 2033 Figure 13 Cold Chain Market Share Analysis, By Region, 2023 and 2033 Figure 14 North America Cold Chain Market Share Analysis, By Country, 2023 and 2033 Figure 15 North America Cold Chain Market Share Analysis, By Type, 2023 and 2033 Figure 16 North America Cold Chain Market Share Analysis, By Temperature Type, 2023 and 2033 Figure 17 North America Cold Chain Market Share Analysis, By Application, 2023 and 2033 Figure 18 Europe Cold Chain Market Share Analysis, By Country, 2023 and 2033 Figure 19 Europe Cold Chain Market Share Analysis, By Type, 2023 and 2033 Figure 20 Europe Cold Chain Market Share Analysis, By Temperature Type, 2023 and 2033 Figure 21 Europe Cold Chain Market Share Analysis, By Application, 2023 and 2033 Figure 22 Asia-Pacific Cold Chain Market Share Analysis, By Country, 2023 and 2033 Figure 23 Asia-Pacific Cold Chain Market Share Analysis, By Type, 2023 and 2033 Figure 24 Asia-Pacific Cold Chain Market Share Analysis, By Temperature Type, 2023 and 2033 Figure 25 Asia-Pacific Cold Chain Market Share Analysis, By Application, 2023 and 2033 Figure 26 Middle East and Africa Cold Chain Market Share Analysis, By Type, 2023 and 2033 Figure 27 Middle East and Africa Cold Chain Market Share Analysis, By Temperature Type, 2023 and 2033 Figure 28 Middle East and Africa Cold Chain Market Share Analysis, By Application, 2023 and 2033 Figure 29 South America Cold Chain Market Share Analysis, By Type, 2023 and 2033 Figure 30 South America Cold Chain Market Share Analysis, By Temperature Type, 2023 and 2033 Figure 31 South America Cold Chain Market Share Analysis, By Application, 2023 and 2033 Figure 32 Cold Chain Market: Competitive Benchmarking Figure 33 Cold Chain Market: Vendor Share Analysis, 2023 (%)
Cold Chain Market Scope:
Report Data
Cold Chain Market
Cold Chain Market Forecast Value 2033
583.9Billion
Cold Chain Market CAGR 2023 - 2033
10.16%
Cold Chain Market Forecast Period
2023 - 2033
Cold Chain Market Base Year
2022
Regional Scope
North America, Europe, Asia Pacific, South America, and Middle East & Africa
Key Companies Profiled
Americold Logistics LLC , Al Rai Logistica K.S.C , Burris Logistics, Inc. , Lineage Logistics, Agro Merchants Group LLC , Swire Group, Berlinger & Co. AG and Henningsen Cold Chain Company.
Key Segments
By Type
Refrigerated Storage
Transport
By Temperature Type
Chilled
Frozen
By Application
Dairy & Frozen Desserts
Meat
Fish & Seafood
Fruits and Vegetables
Bakery & Confectionary
By Region
North America
Europe
Asia-Pacific
South America
Middle-East & Africa
Report Coverage
Market Sizing, Market Forecasting, Market Dynamics, Market Trends, Market Development Analysis, Market Share Analysis, Regional Analysis, Competitive Positioning, Competitive Benchmarking, Competitive Landscape, Company Profiling, Regulation Analysis, etc.
The Research Intellica follows an extensive research methodology that involves a blend of both primary and secondary research. Information assembly and understanding the definition of the market are one of the critical points in our research process.
Key steps required in our research process:
Information Assembling: Under this stage, market data or information is collected by going through all the various methodologies, such as paid databases, TRI’s internal databases, primary research, and secondary research.
Secondary Sources: Some of the prominent examples include annual reports, press releases & investor presentations of companies, white papers, government statistics companies such as WHO, NGOs, the World Bank, and many others, regulatory bodies, trade directories.
Primary Sources: The primary interviewees from the demand side include key opinion leaders, executives, vice presidents, and CEOs of companies. The primary sources from the supply side include associations and institutions involved in the particular industry, key opinion leaders, and processing players.
Data Analysis: Our data is the Intellica of our research, and to stand out in the market, we analyse the data with statistical tools such as regression analysis and factor analysis. Our data analytics model aids in market forecasting. Common parameters are as follows:
Macro-economic factors
Demographics
Technology & innovation
Regional Patterns
Value Chain/ Supply Chain
Market dynamics
Industry Trends
Market Estimation: Both, bottom-up and top-down approaches were used to estimate and validate the size of the global market. The key players in the industry and markets were identified through extensive secondary research. The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
Research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as directors and marketing executives.
Bottom-Up Approach:
Top-down Approach:
Market Breakdown & Data Triangulation:
In order to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments, the data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides. Along with this, the market size was validated by using both, the top-down and bottom-up approaches.
Market Stakeholders:
Raw Material Suppliers
Manufacturers
System Integrators
Distributors
End-users
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