Cold Chain Market by Type (Refrigerated Storage and Transport), Temperature Type (Chilled and Frozen), Application (Dairy & Frozen Desserts; Meat, Fish, and Seafood, Fruits & Vegetables, Bakery & Confectionery), and Region - Global Forecast to 2023

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Date: 23-Mar-2018
No. of pages: 175
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Cold chain market projected to grow at a CAGR of 7.6% during the forecast period

The primary factors driving the global success of cold chain is the growth in international trade for perishable food products, expansion of food retail chains by multinationals, and government support for infrastructure development of cold chain industry. On the other hand, factors such as high energy and infrastructure costs are restraining the growth of the cold chain market. The cold chain market is estimated to be valued at USD 203.14billion in 2018 and is projected to reach a value of USD 293.27 billion by 2023, at a CAGR of 7.6%.

Fruits & vegetables to be the fastest growing segment among other applications from 2018 to 2023

On the basis of application, the frozen cold chain market is segmented into fruits & vegetables; bakery & confectionery products; dairy& frozen desserts; meat, fish, and seafood products; and others. The fruits &vegetables segment is projected to be the fastest-growing market during the forecast period. The frozen fruits & vegetables have longer storage with minimal wastage, and are hence growing at the highest CAGR. Also, the global demand for healthy foods has subsequently fueled the demand for fruits & vegetables. Globalization and trade liberation have increased the global trade of fruits & vegetables. The cold chain also plays a key role in storage and transport of meat, fish, and seafood products, as they require refrigeration right after slaughter, during processing, and during packaging.

Chilled segment to dominate the cold chain market by temperature type during the forecast period

Deterioration of food is mainly caused by the activity of microorganisms, which may be present in food ingredients or may be introduced during the handling and processing of the food. Chilling reduces the food temperature below the ambient temperature, but keeps it above –1°C (30.2 °F). Effective short-term preservation of food products is possible using this method, as it inhibits microbial, physical, chemical, and biochemical reactions associated with food spoilage and deterioration, driving the chilled segment for cold chain market.

India: The future of the cold chain industry

The cold chain market is segmented on the basis of region into North America, Europe, Asia Pacific, and Rest of the World (RoW).The Asia Pacific region is projected to be the fastest-growing market during the forecast period. The market is growing in this region due to the increasing disposable income of the people, the changing consumption patterns, and increasing expansions and acquisitions of key players such as Americold Logistics (US), Preferred Freezer Services (US), and Nichirei Logistics (Japan) in South Africa and Thailand for profitable returns. The Indian government is encouraging the setting up of cold storage facilities by providing subsidized power tariffs, public-private partnerships, and awareness campaigns to ensure year-round availability of perishable food products and reasonable prices to consumers with equitable distribution throughout the country. The increasing working-class population in India is one of the major drivers for growth in the food & beverages market and also creating an opportunity for cold chain service providers.

Break-up of primaries:


  • By Company Type: Tier 1 -33%, Tier 2 -45%, and Tier 3 -22%

  • By Designation: C-level -56%, Director level -22%, and Others -22%

  • By Region: North America - 34%, Europe -22%, Asia Pacific -33%, and RoW- 11%


The global market for cold chain is dominated by large players such as Americold Logistics (US), Preferred Freezer Services (US), Burris Logistics (US), Lineage Logistics (US), and Nichirei Logistics (Japan). Other players include AGRO Merchants (US), Kloosterboer Group (Netherlands), Swire Cold Storage (Australia), and Interstate Cold Storage (US).

Reasons to buy this report:


  • To get an overview of the global cold chain market

  • To get an overview of the key players in the cold chain industry and service portfolios and key strategies adopted by key players to attain the market presence

  • To gain insights of the major regions in which the cold chain market is growing

  • To gain knowledge of the growth of various food products that the cold chain is used for

Cold Chain Market by Type (Refrigerated Storage and Transport), Temperature Type (Chilled and Frozen), Application (Dairy & Frozen Desserts; Meat, Fish, and Seafood, Fruits & Vegetables, Bakery & Confectionery), and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Units Considered
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions
2.5 Limitations of the Research Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Cold Chain Market
4.2 North America: Cold Chain Market, By Application and Country
4.3 Cold Chain Market: Major Countries
4.4 Cold Chain Market: Application, By Region
4.5 Cold Chain Market: By Temperature Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Preservation of Convenience Food Products Due to Modernization
5.2.1.2 Growing Consumer Demand for Perishable Foods
5.2.1.3 Growth of International Trade Due to Trade Liberalization
5.2.1.4 Increasing Need for Temperature Control to Prevent Potential Health Hazards
5.2.2 Restraints
5.2.2.1 High Energy & Infrastructure Costs
5.2.2.2 Environmental Concerns Regarding Greenhouse Gas Emissions
5.2.3 Opportunities
5.2.3.1 Growing Demand for Organized Retail
5.2.3.2 Government Support for Infrastructure Development to Reduce Post-Harvest & Processed Food Wastage
5.2.3.3 Increasing Foreign Direct Investments in Emerging Markets
5.2.4 Challenges
5.2.4.1 Lack of Infrastructural Support in Emerging Markets and of Skilled Resources in Developed Markets
5.3 Supply Chain
5.4 Value Chain
5.5 Regulatory Framework
5.5.1 Chilled and Frozen Foods.
5.5.2 Temperature-Controlled Packaging
5.5.3 Food Safety
5.5.4 Storage Temperature for Food Safety

6 Means of Temperature Control
6.1 Conventional Refrigeration
6.1.1 Mechanical Refrigeration
6.2 Using Packaging Materials
6.2.1 Dry Ice
6.2.2 Wet Ice
6.2.3 Gel Packs
6.2.4 Eutectic Plates
6.2.5 Liquid Nitrogen
6.2.6 Insulated Blankets
6.2.7 Expanded Polystyrene

7 Cold Chain Market, By Technology
7.1 Introduction
7.2 Blast Freezing
7.3 Vapor Compression
7.4 Programmable Logic Controller (PLC)
7.5 Evaporating Cooling
7.6 Cryogenic Systems
7.7 Others

8 Cold Chain Market, By Type
8.1 Introduction
8.2 Refrigerated Storage
8.3 Refrigerated Transport

9 Cold Chain Market, By Temperature Type
9.1 Introduction
9.2 Chilled
9.3 Frozen

10 Cold Chain Market, By Application
10.1 Introduction
10.2 Dairy & Frozen Desserts
10.3 Fish, Meat, and Seafood Products
10.4 Fruits & Vegetables
10.5 Bakery & Confectionery Products
10.6 Others

11 Cold Chain Market, By Region
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 Italy
11.3.4 UK
11.3.5 Spain
11.3.6 Netherlands
11.3.7 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 Australia & New Zealand
11.4.5 Rest of Asia Pacific
11.5 Rest of the World (RoW)
11.5.1 Brazil
11.5.2 South Africa
11.5.3 Argentina
11.5.4 Others in RoW

12 Competitive Landscape
12.1 Overview
12.2 Competitive Situation & Trends
12.3 Market Ranking: Cold Chain Market
12.4 Major Strategies Adopted By Key Players
12.5 Expansions & Investments
12.6 Mergers & Acquisitions
12.7 Agreements, Collaborations, Partnerships, Rebranding, and Joint Ventures
12.8 New Service Launches

13 Company Profiles
(Business Overview, Services Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 Americold Logistics
13.2 Preferred Freezer Services
13.3 Lineage Logistics Holdings, LLC
13.4 Nichirei Corporation
13.5 Burris Logistics
13.6 Swire Cold Storage
13.7 Agro Merchants Group
13.8 Kloosterboer Group B.V.
13.9 Interstate Cold
13.10 Versacold Logistics

*Details on Business Overview, Services Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Discussion Guide
14.2 Other Developments
14.2.1 Expansions & Investments, 2014–2018
14.2.2 Mergers & Acquisitions, 2015–2017
14.2.3 Agreements, Collaborations, Partnerships, Rebranding, and Joint Ventures, 2013–2016
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables

Table 1 USD Exchange Rates Considered for the Study, 2015–2017
Table 2 US: Average Expenditure and Income of Consumers, 2013–2016
Table 3 Loss of Food Products Due to Lack of Cold Chain Infrastructure in Developing Countries
Table 4 Organizations Working Around the World to Improve the Food System
Table 5 Approximate Storage Periods for Different Types of Frozen Foods
Table 6 Common Food Packaging Materials Specific to Frozen Foods
Table 7 Dry Ice Requirement During Transit With Respect to Quantity of Food
Table 8 Types of Containers Used for Gel Packs
Table 9 Refrigerated Storage Room Classification and Temperature Ranges
Table 10 Refrigerated Storage Market Size, By Region, 2016–2023 (Million Cubic Meters)
Table 11 Refrigerated Transport Market Size, By Region, 2016–2023 (Units)
Table 12 Cold Chain Market Size, By Temperature Type, 2016–2023 (USD Billion)
Table 13 Chilled: Cold Chain Market Size, By Region, 2016–2023 (USD Billion)
Table 14 Frozen: Cold Chain Market Size, By Region, 2016–2023 (USD Billion)
Table 15 Cold Chain Market Size, By Application, 2016–2023 (USD Billion)
Table 16 Dairy & Frozen Desserts: Cold Chain Market Size, By Region, 2016–2023 (USD Billion)
Table 17 Fish, Meat, and Seafood Products: Cold Chain Market Size, By Region, 2016–2023 (USD Billion)
Table 18 Fruits & Vegetables: Cold Chain Market Size, By Region, 2016–2023 (USD Billion)
Table 19 Effect of Time and Temperature on Quality Loss in Storage
Table 20 Bakery & Confectionery Products: Cold Chain Market Size, By Region, 2016–2023 (USD Billion)
Table 21 Other Applications: Cold Chain Market Size, By Region, 2016–2023 (USD Billion)
Table 22 Cold Chain Market Size, By Region, 2016–2023 (USD Billion)
Table 23 Refrigerated Storage Market Size, By Region, 2016–2023 (Million Cubic Meters)
Table 24 Refrigerated Transport Market Size, By Region, 2016–2023 (Units)
Table 25 North America: Frozen Cold Chain Market Size, By Country, 2016–2023 (USD Billion)
Table 26 North America: Refrigerated Storage Market Size, By Country, 2016–2023 (Million Cubic Meters)
Table 27 North America: Refrigerated Transport Market Size, By Country, 2016–2023 (Units)
Table 28 North America: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Billion)
Table 29 North America: Cold Chain Market Size for Frozen Fruits & Vegetables, By Country, 2016–2023 (USD Billion)
Table 30 North America: Cold Chain Market Size for Frozen Bakery & Confectionery Products, By Country, 2016–2023 (USD Billion)
Table 31 North America: Cold Chain Market Size for Frozen Dairy & Desserts, By Country, 2016–2023 (USD Billion)
Table 32 North America: Cold Chain Market Size for Frozen Fish, Meat, and Seafood Products, By Country, 2016–2023 (USD Billion)
Table 33 North America: Cold Chain Market Size for Other Frozen Products, By Country, 2016–2023 (USD Billion)
Table 34 US: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 35 Canada: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 36 Mexico: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 37 Europe: Frozen Cold Chain Market Size, By Country, 2016–2023 (USD Billion)
Table 38 Europe: Refrigerated Storage Market Size, By Country, 2016–2023 (Million Cubic Meters)
Table 39 Europe: Refrigerated Transport Market Size, By Country, 2016–2023 (Units)
Table 40 Europe: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Billion)
Table 41 Europe: Cold Chain Market Size for Frozen Fruits & Vegetables, By Country, 2016–2023 (USD Billion)
Table 42 Europe: Cold Chain Market Size for Frozen Bakery & Confectionery Products, By Country, 2016–2023 (USD Million)
Table 43 Europe: Cold Chain Market Size for Frozen Dairy & Desserts, By Country, 2016–2023 (USD Billion)
Table 44 Europe: Cold Chain Market Size for Frozen Fish, Meat, and Seafood Products, By Country, 2016–2023 (USD Billion)
Table 45 Europe: Cold Chain Market Size for Other Frozen Products, By Country, 2016–2023 (USD Billion)
Table 46 Germany: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 47 France: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 48 Italy: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 49 UK: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 50 Spain: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 51 Netherlands: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 52 Rest of Europe: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 53 Asia Pacific: Frozen Cold Chain Market Size, By Country, 2016–2023 (USD Billion)
Table 54 Asia Pacific: Refrigerated Storage Market Size, By Country, 2016–2023 (Million Cubic Meters)
Table 55 Asia Pacific: Refrigerated Transport Market Size, By Country, 2016–2023 (Units)
Table 56 Asia Pacific: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Billion)
Table 57 Asia Pacific: Cold Chain Market Size for Frozen Fruits & Vegetables, By Country, 2016–2023 (USD Billion)
Table 58 Asia Pacific: Cold Chain Market Size for Frozen Bakery & Confectionery Products, By Country, 2016–2023 (USD Billion)
Table 59 Asia Pacific: Cold Chain Market Size for Frozen Dairy & Desserts, By Country, 2016–2023 (USD Billion)
Table 60 Asia Pacific: Cold Chain Market Size for Frozen Fish, Meat, and Seafood Products, By Country, 2016–2023 (USD Billion)
Table 61 Asia Pacific: Cold Chain Market Size for Other Frozen Products, By Country, 2016–2023 (USD Billion)
Table 62 China: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 63 Japan: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 64 India: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 65 Australia & New Zealand: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 66 Rest of Asia Pacific: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 67 RoW: Frozen Cold Chain Market Size, By Country/Region, 2016–2023 (USD Billion)
Table 68 RoW: Refrigerated Storage Market Size, By Region, 2016–2023 (Million Cubic Meters)
Table 69 RoW: Refrigerated Transport Market Size, By Country/Region, 2016–2023 (Units)
Table 70 RoW: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Billion)
Table 71 RoW: Cold Chain Market Size for Frozen Fruits & Vegetables, By Country/Region, 2016–2023 (USD Million)
Table 72 RoW: Cold Chain Market Size for Frozen Bakery & Confectionery Products, By Country/Region, 2016–2023 (USD Million)
Table 73 RoW: Cold Chain Market Size for Frozen Dairy & Desserts, By Country/Region, 2016–2023 (USD Million)
Table 74 RoW: Cold Chain Market Size for Frozen Fish, Meat, and Seafood Products, By Country/Region, 2016–2023 (USD Million)
Table 75 RoW: Cold Chain Market Size for Other Frozen Products, By Country/ Region, 2016–2023 (USD Million)
Table 76 Brazil: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 77 South Africa: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 78 Argentina: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 79 Others in RoW: Frozen Cold Chain Market Size, By Application, 2016–2023 (USD Million)
Table 80 Expansions & Investments, 2017–2018
Table 81 Mergers & Acquisitions, 2016–2017
Table 82 Agreements, Collaborations, Partnerships, Rebranding, and Joint Ventures, 2013–2016
Table 83 New Service Launches, 2012–2015

List of Figures

Figure 1 Integrated Cold Chain
Figure 2 Cold Chain Market: Segmentation
Figure 3 Cold Chain: Regional Segmentation
Figure 4 Cold Chain Market: Research Design
Figure 5 Breakdown of Primaries: By Company Type, Designation, and Region
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Data Triangulation Methodology
Figure 9 Europe: Largest Market for Cold Chain of Perishable Food Products in 2017
Figure 10 Asia Pacific to Be the Largest Market for Refrigerated Storage By 2023 (Million Cubic Meters)
Figure 11 Asia Pacific to Be the Fastest-Growing Market for Refrigerated Transport, 2018–2023 (Units)
Figure 12 Demand for Fruits & Vegetables to Increase Significantly in the Cold Chain Market During the Forecast Period
Figure 13 Emerging Economies Offer Attractive Opportunities in the Cold Chain Market, 2018–2023
Figure 14 Dairy & Frozen Desserts Dominated the North American Market, Followed By Fish, Meat, and Seafood Products in 2017
Figure 15 India is Projected to Be Fastest–Growing Country–Level Market From 2018 to 2023
Figure 16 Dairy & Frozen Desserts and Fruits & Vegetables Lead the Cold Chain Market By Application, 2017
Figure 17 Frozen Segment to Dominate, By Temperature Type, in the Cold Chain Market
Figure 18 Increase in Consumer Demand for Perishable Foods is Driving the Cold Chain Market
Figure 19 US, China, India, Japan, and Germany: Top Five Economies Based on GDP (PPP) in 2017
Figure 20 Animal-Based Product Consumption, By Commodity (1967-2030)
Figure 21 Import of Perishable Foods in Developed Economies Grew at 6%, Annually (2009–2013)
Figure 22 Export of Perishable Foods From Developing Economies Grew at 18%, Annually (2009–2013)
Figure 23 Environmental Impact of Food Supply Chains
Figure 24 US: Total Food Retail Transaction, 2010–2015 (USD Million)
Figure 25 Global E-Retail Sales, 2013–2018 (USD Million)
Figure 26 Supply Chain of Perishable Foods Through A Cold Chain
Figure 27 Value Chain for Perishable Foods Through A Cold Chain
Figure 28 Refrigerated Storage Market, By Region, 2018 vs 2023 (Million Cubic Meters)
Figure 29 Asia Pacific is Projected to Dominate the Refrigerated Transport Market Through 2023
Figure 30 Frozen Segment is Projected to Dominate the Cold Chain Market Through 2023
Figure 31 Asia Pacific to Dominate the Chilled Segment of the Cold Chain Market From 2018 to 2023
Figure 32 Frozen Segment in Asia Pacific is Projected to Grow at the Highest Rate During the Forecast Period
Figure 33 Fruits & Vegetables Segment to Be the Fastest-Growing in the Cold Chain Market From 2018 to 2023
Figure 34 Asia Pacific Region to Be the Largest Market for Dairy & Frozen Desserts Through 2023
Figure 35 Asia Pacific to Be the Fastest-Growing Region for the Fruits & Vegetables Segment From 2018 to 2023
Figure 36 Geographic Snapshot (2018): Cold Chain Markets for Frozen Food in Asia Pacific are Emerging as New Hotspots
Figure 37 North America: Cold Chain Market Snapshot
Figure 38 Europe: Cold Chain Market Snapshot
Figure 39 Asia Pacific: Cold Chain Market Snapshot
Figure 40 Key Developments By Leading Players in the Cold Chain Market, 2012–2018
Figure 41 Global Cold Chain Company Rankings, By Capacity, 2017
Figure 42 Expansions & Investments: the Key Growth Strategies, 2012–2018
Figure 43 Annual Developments in the Cold Chain Market, 2012–2018
Figure 44 Americold Logistics: SWOT Analysis
Figure 45 Preferred Freezer Services: SWOT Analysis
Figure 46 Lineage Logistics Holdings, LLC: SWOT Analysis
Figure 47 Nichirei Corporation: Company Snapshot
Figure 48 Nichirei Logistics: SWOT Analysis
Figure 49 Burris Logistics: SWOT Analysis

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