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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
North America Cold Chain Market Growth
The North America cold chain market is propelled by the increased global trade of temperature-sensitive products, rising demand from the pharmaceutical and healthcare industries, and expansion of e-commerce and online grocery delivery services.
Increasing environmental awareness is driving cold chain operators to adopt sustainable practices, including eco-friendly packaging solutions and refrigeration systems with high energy efficiency.
As stated by USDA, in the U.S. 96% of all frozen red meat was kept stored in cold storage as of January 31, 2024, whereas it was 87% on February 28, 2023
According to Statistics Canada, the combined stock of frozen and chilled meats in Q1 and Q2 of 2024 amounted to 128,080 and 131,778 units respectively, boosting the North America cold chain market growth.
North America Cold Chain Market Report Snapshots
North America Cold Chain Market Size
North America Cold Chain Market Growth
North America Cold Chain Market Trends
North America Cold Chain Market Share
North America Cold Chain Manufacturers
North America Cold Chain Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at USD 116.85 billion in 2023.
The market is projected to grow at a CAGR of 9.5% between 2024 and 2032.
The revenue generated from the North America cold chain market is expected to reach USD 264.77 billion in 2032.
The major market drivers include rising disposable incomes, increasing population, the surging consumption of meat and seafood, and the growing demand for processed food products.
The rising demand for organic food, the surging usage of temperature sensitive healthcare products, and increasing number of clinical trials in the United States and Canada are the key trends guiding the market.
The leading countries in the North America market are the United States of America and Canada.
The market is categorised according to the service type, which includes refrigerated storage and refrigerated transport.
The market is categorised according to the temperature, which includes frozen and chilled.
Based on the end use, the market is divided into meat and seafood, dairy and frozen products, fruits and vegetables, bakery and confectionery, pharmaceuticals, and others.
The market key players are Americold Logistics LLC, Lineage Logistics Holding, LLC, United States Cold Storage Inc., and VersaCold Logistics Services among others.
Based on the aircraft type, the market is divided into commercial aviation, general aviation, military aviation, and others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124