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Anticipating the Future of the Cold Storage Market

04-01-2024 01:45 PM CET | Food & Beverage

Press release from: Market Data Forecast

The global cold storage market size is expected to be valued at USD 237.1 thousand units in 2024 and reach USD 350.2 thousand units by 2029, growing at a CAGR of 8.11% from 2024 to 2029.

Global Cold Storage Market Report Scope:
• Market Size (2029): USD 350.2 thousand units
• Market Size (2024): USD 237.1 thousand units
• CAGR (2024 to 2029): 8.11%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Construction Type, Temperature, Application, Warehouse Type & Region
• Geographies Covered: North America, Europe, APAC, Latin America, Middle East & Africa
• Key Market Players Profiled: Agro Merchants Group, Burris Logistics, Americold Logistics LLC, Wabash National Corporation, Preferred Freezer Services, Lineage Logistics Holding LLC, Nichirei Logistics Co., Ltd, Barloworld Limited, VersaCold Logistics Services, Henningsen Cold Storage, Nordic Logistics, United States Cold Storage and Others. They are playing a dominant role in the global cold storage market.

The rapid adoption of low-carbon designs to present innovative construction methods with the rising investment in environmental safety measures by key players is a primary factor in the growth rate of the cold storage market. In developing economies, the number of organized retail stores is variedly increasing, further boosting the market size. The penetration of cloud-based technology is adding many advantages to cold storage techniques. Cold storage is becoming a major part of the food and beverages industry. Government authorities are imposing strict rules and regulations over the transportation of temperature-sensitive products to supply them in appropriate conditions. Therefore, the cold storage market growth rate is growing at a faster rate as it plays a prominent role in transporting such temperature-sensitive products without any damage. Increasing disposable income due to rapid urbanization in developed and developing countries is elevating the demand for unique varieties of food and beverages. In recent years, the demand for the expansion of the international food trade has been increasing. An enormously growing population is raising concerns over food insecurity, where the food trade across the world can minimize the food insecurity concerns that are ascribed to fuel the growth rate of the cold storage market. Many people go to sleep with hunger due to lack of food. It is estimated that around 800 million people across the world do not have food to consume. Therefore, the need to store food at a suitable temperature can decrease food wastage. Increasing awareness to reduce food wastage and also to supply perishable goods at varied temperatures required to avoid spoilage is greatly impacting the growth rate of the market.

Cold storage requires high investments in setting up the facility according to the end user, where small-scale industries cannot afford the high initial cost. The cold storage needs specific equipment and suitable infrastructure appropriate to the end user's application. Therefore, high initial cost and maintenance of the infrastructure may impact negatively on the growth rate of the market. Small-scale industries could not afford the cold storage infrastructure due to a lack of huge investments. Therefore, they opt for other facilities that cost less comparatively. Lack of complete knowledge among people working in the industries to operate the equipment in an efficient way is slightly to degrade the market growth rate. In addition, disruptions in the supply chain may hinder the overall market share.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/cold-storage-market.

Key Insights from the Report:

• By Construction Type, the bulk storage registered the highest share in the worldwide cold storage business.
• Based on temperature, the frozen segment led the market and accounted for the largest share of the global market in 2023.
• By Application, the dairy products segment occupied the majority of the global market share in 2023.
• By Warehouse Type, the public segment dominated the market in 2023.
• North America had the largest market share in 2023 and is expected to expand further during the forecast period. The proliferation of connected devices is an important factor driving growth in the region along with the presence of a large consumer base.
• Agro Merchants Group, Burris Logistics, Americold Logistics LLC, Wabash National Corporation, Preferred Freezer Services, Lineage Logistics Holding LLC, Nichirei Logistics Co., Ltd, Barloworld Limited, VersaCold Logistics Services, Henningsen Cold Storage, Nordic Logistics, United States Cold Storage and Others.

SEGMENTATION INCLUDED IN THIS REPORT:
By Construction Type:
• Bulk Storage
• Production Stores
• Ports
By Temperature:
• Chilled
• Frozen
By Application:
• Processed Foods
• Dairy Products
• Fruits and Vegetables
• Meat and Seafood
• Pharmaceuticals
By Warehouse Type:
• Public
• Private
• Semi-Private
By Region:
• North America
• Europe
• APAC
• Latin America
• Middle East & Africa

Browse Regional Reports:
Europe cold storage market Research Report - segmented by Construction Type, temperature, application, warehouse type and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-cold-storage-market

US Cold Storage Market Research Report - Segmented By Construction Type, temperature, application, warehouse type & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029 ) - https://www.marketdataforecast.com/market-reports/us-cold-storage-market

TABLE OF CONTENTS:
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 Inferences
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 Storage Market, By Construction Type
6.1.1 Bulk Storage
6.1.2 Production Stores
6.1.3 Ports
6.1.4 Market Size Estimations & Forecasts (2024-2029)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Cold Storage Market, By Temperature
6.2.1 Chilled
6.2.2 Frozen
6.2.3 Market Size Estimations & Forecasts (2024-2029)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Cold Storage Market, By Application
6.3.1 Processed Foods
6.3.2 Dairy Products
6.3.3 Fruits and Vegetables
6.3.4 Meat and Seafood
6.3.5 Pharmaceuticals
6.3.6 Market Size Estimations & Forecasts (2024-2029)
6.3.7 Y-o-Y Growth Rate Analysis
6.3.8 Market Attractiveness Index
6.4 Cold Storage Market, By Warehouse Type
6.4.1 Public
6.4.2 Private
6.4.3 Semi-Private
6.4.4 Market Size Estimations & Forecasts (2024-2029)
6.4.5 Y-o-Y Growth Rate Analysis
6.4.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market by Region
7.2 North America - Market Analysis (2024-2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Construction Type
7.2.3 By Temperature
7.2.4 By Application
7.2.5 By Warehouse Type
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Construction Type
7.3.3 By Temperature
7.3.4 By Application
7.3.5 By Warehouse Type
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Construction Type
7.4.3 By Temperature
7.4.4 By Application
7.4.5 By Warehouse Type
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Construction Type
7.5.3 By Temperature
7.5.4 By Application
7.5.5 By Warehouse Type
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Construction Type
7.6.3 By Temperature
7.6.4 By Application
7.6.5 By Warehouse Type
8. Key Player Analysis
8.1 Cloverleaf Cold Storage
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 Agro Merchants Group
8.3 Burris Logistics
8.4 Americold Logistics LLC
8.5 Wabash National Corporation
8.6 Lineage Logistics Holding LLC
8.7 Nichirei Logistics Co., Ltd
8.8 Barloworld Limited
8.9 VersaCold Logistics Services
8.10 Henningsen Cold Storage
8.11 Nordic Logistics
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures

About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

Contact Us:
MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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