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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Peru Cold Chain Logistics Market Outlook
The Peru cold chain logistics market size reached a value of nearly USD 120.10 million in 2023. The market is projected to grow at a CAGR of 12.1% between 2024 and 2032 to attain around USD 302.24 million by 2032.
Key Takeaways
- Improvements in cold chain logistics management can deliver food to 2 million poor inhabitants in Peru.
- Refrigeration warehouse is expected to constitute a major portion of the Peru cold chain logistics market share.
- Sustainability is expected to emerge as one of the key Peru cold chain logistics market trends.
The thriving agricultural sector of Peru makes it one of the world’s largest producers of avocadoes, blueberries, asparagus, artichoke, and coffee. It is also a major exporter of grapes, bananas, maize, sugarcane, and rice, among other feed crops. However, inefficiencies in cold chain management lead to a 33% loss in agricultural output, which could feed 2 million poor Peruvians. This mismanagement also leads to an annual loss of 12% in the production of potatoes. The increasing focus of the major companies to tackle these inefficiencies via technological improvements and reorganisation of workflow is expected to drive the Peru cold chain logistics market expansion over the forecast period.
Increasing investments in the research and development of sustainable cold chains are expected to drive the Peru cold chain logistics market growth over the forecast period. This is because operations in traditional cold chain logistics consume a lot of energy, which not only increases costs but also has an adverse environmental impact. The development of insulation enhancement technology and the replacement of freon with ammonia are expected to emerge as key trends in the market over the forecast period.
Moreover, with the development of recyclable and eco-friendly packaging materials, major companies in the Peru cold chain logistics market are expected to witness significant growth in the forecast period.
Market Segmentation
Peru Cold Chain Logistics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Refrigerated Warehouse
- Transportation
Market Breakup by Temperature Type
- Chilled
- Frozen
Market Breakup by Application
- Dairy and Frozen Desserts
- Fish, Meat and Sea Foods
- Fruits and Vegetables
- Bakery and Confectionary
- Healthcare
- Others
The key Peru cold chain logistics market players are Deutsche Post AG, Frialsa Frigoríficos, S.A. de C.V., VersaCold Logistics Services, A.P. Moller – Maersk, OOCL Logistics Limited, Localfrio S.A., Depsa, Burris Logistics, Emergent Cold LatAm Management LLC., and United States Cold Storage, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Temperature Type |
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| Breakup by Application |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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 nearly USD 120.10 million in 2023.
The market is projected to grow at a CAGR of 12.1% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 302.24 million in 2032.
The different temperature types of cold chain logistics include chilled and frozen.
The different types of cold chain logistics are refrigerated warehouse and transportation.
The various applications of cold chain logistics are dairy and frozen desserts, fish, meat and sea foods, fruits and vegetables, bakery and confectionary, and healthcare, among others.
The key market players are Deutsche Post AG, Frialsa Frigoríficos, S.A. de C.V., VersaCold Logistics Services, A.P. Moller – Maersk, OOCL Logistics Limited, Localfrio S.A., Depsa, Burris Logistics, Emergent Cold LatAm Management LLC., and United States Cold Storage, among others.
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