NEW YORK, Sept. 28, 2023 /PRNewswire/ — The frozen food cold chains market size is expected to grow by USD 214.02 billion between 2022 and 2027. However, the growth momentum of the market will progress at a CAGR of 17.36% during the forecast period. The market is segmented by Type (Refrigerated warehouse and Refrigerated transportation), Product (Frozen meat fish and seafood, Frozen fruits and vegetables, Frozen ready meals, and Others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa). The growing demand for convenience food drives the frozen food cold chains market. As a result of their hectic lifestyle, consumers increasingly prefer ready-to-eat (RTE) meals, which can have a significant impact on the cooking time for food and the clean-up time. The convenience of frozen food attracts consumers as they are consistently seeking convenience when opting for packaged food products. Hence, such factors drive the growth of the frozen food cold chain market during the forecast period. The report analyses the market size and growth and provides accurate predictions on the growth of the market. View a Free PDF Sample 

Key Highlights:

• The report recognizes the following as some of the key players in the frozen food cold chains market: Americold Realty Trust Inc., Burris Logistics Co., Celcius Logistics Solutions Pvt. Ltd., ColdEX Ltd., Coldman Logistics Pvt. Ltd., Conestoga Cold Storage, Congebec Logistics Inc., DSV AS, Interstate Cold Storage Inc., Kraftverkehr Nagel SE and Co. KG, Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Nichirei Corp., Penske Corp., Seafrigo Group, Stockhabo, Trenton Cold Storage, VersaCold Logistics Services, and Tippmann Group
• Frozen Food Cold Chains Market is fragmented in nature.
• Market to observe 16.34% YOY growth in 2023.

Market Dynamics:

Trend

• The rapid penetration of e-commerce boosting market growth is an emerging frozen food cold chains market trend.
• The growing internet penetration results in rapid growth in e-commerce businesses across the world.
• Furthermore, factors such as an increase in demand for convenient shopping, ease of searching for products, and attractive deals and special offers on frozen food products also boost the growth of online shopping.
• Hence, such trends fuel the growth of the frozen food cold chain market during the forecast period.

Challenge

• Health risks associated with the consumption of frozen food challenge the growth of the frozen food cold chains market.
• Processing and storing frozen foods at low temperatures is important to avoid spoilage and increase their shelf life.
• Healthy ingredients are often substituted by low-cost food alternatives by frozen food manufacturers.
• But daily consumption of frozen foods can lead to diseases. The health issues include kidney disease, diabetes, dementia, and obesity as well as increased chances for high blood pressure and other chronic health problems.
• Hence, such factors hinder the growth of the frozen food cold chain market during the forecast period.

The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing the report

Keg Segments:

The refrigerated warehouse segment is significant during the forecast period. A cold storage facility where temperature-controlled products, including meat, dairy products, and pharmaceutical products, are stored to prevent them from spoiling is considered a refrigerated warehouse. The rising demand for refrigerated warehouses and transportation facilities is due to an increase in the import and export of temperature-sensitive food products. Hence, such factors drive the growth of the refrigerated warehouse segment during the forecast period. Get a glance at the market contribution of the segments, Request a Free Sample

Related Reports:

The food and beverage cold chain logistics market is estimated to decline at a CAGR of 10.47% between 2022 and 2027. The size of the market is forecast to increase by USD 85,158.51 million.

The China Cold Chain Market size is estimated to grow at a CAGR of 19.1% between 2022 and 2027 and the size of the market is forecast to increase by USD 76.48 billion.

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Type

Market Segmentation by Product

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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