We are monitoring the impact of COVID-19 & Recession alarm on North America Cold Chain Market Get in touch with us for detailed analysis Know More
Share on

North America Cold Chain Market by Type (Refrigerated Storage, Transport), Temperature Type (Chilled, Frozen), Application (Bakery and Confectionery, Dairy and Frozen Desserts, Meat, Seafood, and Others) and By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 2543
Pages: 150

North America Cold Chain Market Growth and Forecast (2022 - 2027):

The North America Cold Chain Market size was assessed to be USD 81.2 billion in 2021, and it is foreseen to progress up to USD 142.6 billion by the end of 2026 at a CAGR of 9.7% during the evaluation period. Demand for these solutions is expected to rise during the anticipated period as the perishable goods transaction increases.

Market Overview:

The cold chain is a system that can be employed for the management and logistics of temperature-sensitive products with the use of refrigeration methods and thermal packaging. There are several ways that cold chain products are transported, such as rail vehicles, refrigerated trucks, air cargo, and refrigerated vessels. Cold chains combine proper logistics for temperature-sensitive products with the aid of thermal and refrigerated packaging procedures. The cold chain application is mainly applied to chilled and frozen food, which increases its own shelf life and maintains quality standards for a long time. The cold chain helps maintain the biochemical and physical properties of frozen foods in particular and regulates off-season market prices. It also limits product losses and wastage, which will improve the overall revenue of the producers. The cold chain is a technology that relies entirely on physical means to maintain adequate temperature conditions, therefore, called as the temperature control supply chain.

Recent Developments in North America Cold Chain Industry:

  • December 2017: Americold added a new Clearfield plant by adding more than 9.5 million cubic feet of temperature-controlled storage space, adding the total capacity of the campus to about 22 million cubic feet3. The Clearfield campus is Americold's gateway to deployment to the west coast of the United States, favoring national and multinational food and beverage startups and industries.

North America Cold Chain Market Growth:

The North American cold chain market is adopting alternative energy solutions such as wind and solar to minimize overall operating costs.

Drivers:

As consumer preferences change, demand for frozen and chilled food and beverages will increase, and the development of the North American cold chain market for food industry chilled will accelerate. In addition, the enormous development potential of emerging markets and unexplored areas offers new development opportunities for actors operating in the North American cold chain market. As the population grows worldwide, the demand for processed and convenience foods has increased, fueling the North American cold chain market in the food industry. The development of international trade in perishable foods will also have a positive impact on the North American cold chain market. Cold chain service providers are implementing advanced technologies as the need for food safety rise in convenience and processed foods. That is why many multinational providers are penetrating this market to provide better cold chain solutions as cold chain is considered the best business opportunity for years to come. Therefore, the adoption of state-of-the-art technology will enhance the excessive growth of the North American cold chain market of the food industry. Due to strong government regulations, manufacturers have had to increase their investments to obtain safety certifications in accordance with the strict practices of service and procurement providers. Most companies focus on expanding the size of the market according to the skilled workforce, government regulation, and market demand. Several factors like technological progressions in seafood processing, packaging and storage are determined to be crucial element in the North American cold chain market.

The retail outlook for the United States is changing the way food is available in all retail formats, such as convenience stores and supermarkets. The cold chain services market is experiencing strong growth in North America. A major element supporting the demand for the cold chain market in this locale is the shift in eating habits in this vicinity. As obesity levels increase and lifestyle disorders increase, consumers increase their intake of protein, vitamins, minerals, fats, and reduce carbohydrate intake. This has fueled the demand for foods such as meat, fruits, vegetables, and dairy products in the region. These products are temperature sensitive and need to store and transport cold chains from one place to another. The augmenting trend to shop for perishables online has created new opportunities and challenges. A major factor driving the demand for the cold chain market in North America was the change in eating habits in the region. This has fueled demand for foods such as meat, fruits, vegetables, and dairy products in the region. Besides, the United States records the largest business for temperature-sensitive health care products across the world, which mainly comprises biopharmaceuticals, vaccines, and ingredients for clinical trials.

Restraints:

Environmentally related issues related to greenhouse gas emissions are believed to challenge the growth of the North American cold chain market.

Impact of COVID-19 on the North American cold chain market:

The COVID-19 epidemic is expected to affect the current North American cold chain market supply. However, some non-strategic investments to improve distribution patterns can help address current pandemic scenarios in the coming years.

North America Cold Chain Market Segmentation Analysis:

By Type:

  • Transportation       
  • Refrigerated Storage

By Temperature Type:

  • Chilled
  • Frozen

By Application:

  • Seafood       
  • Dairy and Frozen Desserts
  • Meat  

Regional Analysis:

Geographically the North America Cold Chain Market is segmented into US, Canada and Rest of North America. The North American cold chain market is predicted to garner the highest growth rate over the assessment period. Due to the higher penetration of linked devices and a larger consumer base, the market is supposed to grow with a higher rate. The market offers great opportunities for new entrants. Regional demand is expected to increase further during the projection period as the penetration of connected devices and large consumer bases increases. The main factors driving the US market are stringent government regulatory environments, the availability of skilled workers, the availability of infrastructure, and the increased demand for packaged food. Canada is expected to grow significantly during the expected period. The main factors driving the Canadian regional market are the main fishing areas and reduced electricity rates. E-commerce is a growing trend in the US cold chain market. It is used for the sale of groceries, fresh food and delivery of packaged food. Increased outsourcing of shipments to third-party service providers and cold-lodging services is likely to improve e-commerce for perishable consumer packaging products. Mexico is supposed to progress over the anticipated period because of the rise in investments in the extension of logistics infrastructure and the penetration of the warehouse management system.

Key Players in the Market:

Major Key Players in the North America Cold Chain Market are

  • Burris Logistics          
  • Thermo King              
  • XPO Logistics Inc.                
  • Americold Logistics             
  • Nichirei Logistics Group Inc.           
  • Freezer Services         
  • Lineage Logistics Holding LLC                  
  • AGRO Merchants                 

1. Introduction                          

          1.1 Market Definition                 

          1.2 Scope of the report              

          1.3 Study Assumptions              

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                     

          2.1 Analysis Design         

          2.2 Research Phases                  

                   2.2.1 Secondary Research 

                   2.2.2 Primary Research     

                   2.2.3 Data Modelling        

                   2.2.4 Expert Validation     

          2.3 Study Timeline           

3. Report Overview                    

          3.1 Executive Summary              

          3.2 Key Inferencees         

4. Market Dynamics                   

          4.1 Impact Analysis         

                   4.1.1 Drivers

                   4.1.2 Restaints      

                   4.1.3 Opportunities

          4.2 Regulatory Environment                 

          4.3 Technology Timeline & Recent Trends                

5. Competitor Benchmarking Analysis                      

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis        

                   5.1.2 Products/Service     

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape              

          5.3 Joint Ventures & Collaborations                

6. Market Segmentation                       

          6.1 Cold Chain Market, By Type            

                   6.1.1 Transportation        

                   6.1.2 Refrigerated Storage

                   6.1.3 Market Size Estimations & Forecasts (2022 - 2027)      

                   6.1.4 Y-o-Y Growth Rate Analysis        

                   6.1.5 Market Attractiveness Index        

          6.2 Cold Chain Market, By Temperature          

                   6.2.1 Chilled

                   6.2.2 Frozen

                   6.2.3 Market Size Estimations & Forecasts (2022 - 2027)      

                   6.2.4 Y-o-Y Growth Rate Analysis        

                   6.2.5 Market Attractiveness Index        

          6.3 Cold Chain Market, By Application            

                   6.3.1 Seafood        

                   6.3.2 Dairy and Frozen Desserts 

                   6.3.3 Meat   

                   6.3.4 Bakery & Confectionary     

                   6.3.5 Market Size Estimations & Forecasts (2022 - 2027)      

                   6.3.6 Y-o-Y Growth Rate Analysis        

                   6.3.7 Market Attractiveness Index        

7. Geographical Landscape                  

          7.1 Regional Identity Governance and Administration Market, by Region            

          7.2 North America - Market Analysis (2022 - 2027)           

                   7.2.1 By Country    

                             7.2.1.1 USA

                             7.2.1.2 Canada

                   7.2.2 By Type        

                   7.2.3 By Temperature      

                   7.2.4 By Application

8. Key Player Analysis                          

          8.1 Burris Logistics          

                   8.1.1 Business Description

                   8.1.2 Products/Service     

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis        

                   8.1.5 Recent Developments        

                   8.1.6 Analyst Overview    

          8.2 Thermo King             

          8.3 XPO Logistics Inc.                

          8.4 Americold Logistics             

          8.5 Nichirei Logistics Group Inc.           

          8.6 Freezer Services         

          8.7 Lineage Logistics Holding LLC                  

          8.8 AGRO Merchants                 

9. Market Outlook & Investment Opportunities                   

Appendix                        

          List of Tables         

          List of Figures                 

 

  1. North America Cold Chain Market By Type, From 2022 - 2027 ( USD Billion )
  2. North America Transportation Market By Region, From 2022 - 2027 ( USD Billion )
  3. North America Refrigerated Storage Market By Region, From 2022 - 2027 ( USD Billion )
  4. North America Cold Chain Market By Application, From 2022 - 2027 ( USD Billion )
  5. North America Seafood Market By Region, From 2022 - 2027 ( USD Billion )
  6. North America Dairy and Frozen Desserts Market By Region, From 2022 - 2027 ( USD Billion )
  7. North America Meat Market By Region, From 2022 - 2027 ( USD Billion )
  8. North America Bakery & Confectionary Market By Region, From 2022 - 2027 ( USD Billion )
  9. North America Cold Chain Market By Temperature, From 2022 - 2027 ( USD Billion )
  10. North America Chilled Market By Region, From 2022 - 2027 ( USD Billion )
  11. North America Frozen Market By Region, From 2022 - 2027 ( USD Billion )
  12. United States Cold Chain Market By Type, From 2022 - 2027 ( USD Billion )
  13. United States Cold Chain Market By Application, From 2022 - 2027 ( USD Billion )
  14. United States Cold Chain Market By Temperature, From 2022 - 2027 ( USD Billion )
  15. Canada Cold Chain Market By Type, From 2022 - 2027 ( USD Billion )
  16. Canada Cold Chain Market By Application, From 2022 - 2027 ( USD Billion )
  17. Canada Cold Chain Market By Temperature, From 2022 - 2027 ( USD Billion )

Please wait. . . . Your request is being processed

Related Reports

PURCHASE OPTIONS

excel
$

3335


pdf excel
$

3680


pdf excel powerbi
$

5520


excel
$

2000

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 3335

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample