NEW YORK, Nov. 26, 2021 /PRNewswire/ -- The cold storage market size is expected to increase by USD 31.97 bn from 2020 to 2025, registering a CAGR of 2.79%, according to the latest research report from Technavio. This exclusive report describes market scenarios, estimates, and customer behavior. Technavio analyzes the market by end-user (meat and seafood, fruits and vegetables, bakery and confectionery, dairy and frozen products, and others) and geography (APAC, North America, Europe, South America, and MEA).
The report on the cold storage market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The growing awareness about reducing wastage of food is expected to have a positive impact on the growth of the cold storage market during the forecast period.
The cold storage market covers the following areas:
Based on geography, the cold storage market has been segmented into five regions, namely APAC, North America, Europe, South America, and MEA. North America is expected to dominate the market during the forecast period, with a market share growth of 51%. The growth of the market in the region is expected to be driven by the growing demand for perishable goods.
Based on end-user, the cold storage market has been segmented into meat and seafood, fruits and vegetables, bakery and confectionery, dairy and frozen products, and others. According to our analysis, the meat and seafood segment is expected to have a significant market share growth during the forecast period.
Food and Beverage Cold Chain Logistics Market: The food and beverage cold chain logistics market has been segmented by application (meat and seafood, dairy and frozen desserts, FVB, and bakery and confectionary) and geography (North America, APAC, Europe, South America, and MEA). Download Free Sample Report
Cold Chain Market: The cold chain market has been segmented by type (refrigerated warehouse and refrigerated transportation), application (MFS, dairy and frozen desserts, FVB, bakery and confectionery, and healthcare), and geography (North America, Europe, APAC, South America, and MEA). Download Free Sample Report
Cold Storage Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 2.79%
Market growth 2021-2025
USD 31.97 billion
YoY growth (%)
APAC, North America, Europe, South America, and MEA
Performing market contribution
North America at 51%
Key consumer countries
India, US, China, Japan, and UK
Leading companies, competitive strategies, consumer engagement scope
Americold Realty Trust, Interstate Cold Storage Inc., John Swire and Sons Ltd., Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Nichirei Corp., Oceana Group Ltd., Stellar Development Foundation, VersaCold Logistics Services, and Wabash National Corp.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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