North America Cold Chain Logistics Market 2015-2019 with AmeriCold Logistics, Lineage Logistics, Preferred Freezer Services & United States Cold Storage Dominating

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Mar 10, 2015, 08:39 ET

DUBLIN, Mar. 10, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/w53n7q/cold_chain) has announced the addition of the "Cold Chain Logistics Market in North America 2015-2019" report to their offering.

The Cold Chain Logistics market in North America to grow at a CAGR of 14.39% over the period 2014-2019

A cold chain is a supply chain that involves the storage and transportation of temperature-sensitive goods. Thermal and refrigerated packaging methods are used in the transportation and storage of these temperature-sensitive goods, and extensive logistics planning ensures their integrity. Cold chain logistics has evolved over the past few years. It has shifted from the mere storage of food products in cold storage warehouses and their refrigerated transportation to the provision of value-added services to customers.

One key trend upcoming in this market is the focus on energy-efficient practices. Market vendors are adopting various tools and strategies to be more energy efficient. A new trend in the market is the use of the CO2 cascade system, where two refrigerants are used in one refrigeration system, and one refrigerant cools the other refrigerant.

According to the report, with the macro developments in the region such as the increase in population, growth in the organized retail sector, and increased food wastage, there has been growing demand for cold chains for food preservation purposes, and this demand is expected to increase in the future.

Further, the report states that one major challenge that the market faces vis the high energy consumption cost, which has increased the operational costs of vendors. An increase in competition among vendors and demand for cold storage has exerted additional pressure on vendors to expand their logistics facilities, which is difficult with increasing real estate prices.

Key Vendors