North America Cold Chain Market Volume, Value, Price and Specification Forecast 2025
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<strong>North</strong> <strong>America</strong> <strong>Cold</strong> <strong>Chain</strong> <strong>Market</strong> <strong>Volume</strong>, <strong>Value</strong>, <strong>Price</strong> <strong>and</strong><br />
<strong>Specification</strong> <strong>Forecast</strong> <strong>2025</strong><br />
“<strong>North</strong> <strong>America</strong> <strong>Cold</strong> <strong>Chain</strong> <strong>Market</strong> is anticipated to reach USD<br />
118.51 billion owing to the developments in packaging methods<br />
due to expansion of trade over the years. <strong>Cold</strong> chain is the system<br />
for maintaining <strong>and</strong> distributing perishable food items, vaccines<br />
<strong>and</strong> other biologicals in good condition.”<br />
The <strong>North</strong> <strong>America</strong> <strong>Cold</strong> <strong>Chain</strong> <strong>Market</strong> is anticipated to reach USD 118.51 billion owing to the developments in<br />
packaging methods due to expansion of trade over the years. <strong>Cold</strong> chain is the system for maintaining <strong>and</strong><br />
distributing perishable food items, vaccines <strong>and</strong> other biologicals in good condition. Most perishable foods, <strong>and</strong><br />
vaccines which are also termed as Cool Cargo are sensitive to freeze & heat <strong>and</strong> hence, must be kept at the<br />
suitable temperature from the time they are manufactured until they are used.<br />
<strong>North</strong> <strong>America</strong> cold chain industry is persistent due to the growing dem<strong>and</strong> for goods with supply chains like<br />
fresh vegetables, dairy products, fruits <strong>and</strong> vegetables, etc. <strong>and</strong> rightly established cold supply chains. Moreover,<br />
the speedy growth in international trade of perishable food products, technological advancements in<br />
refrigerated transport <strong>and</strong> storage, infrastructure progress support by government <strong>and</strong> the rise in enlargement<br />
of food retail chains by multinational businesses are the major drivers of the market.<br />
Conversely, requirement of high energy <strong>and</strong> costly infrastructure are few growing concerns for the cold chain<br />
service providers. The high energy consumption cost has increased the operational cost for the market players.<br />
The increase in competition among market players <strong>and</strong> dem<strong>and</strong> for cold storage has pressurized the players to<br />
exp<strong>and</strong> their logistics facilities, which is not easy with rising infrastructure prices. Besides, environmental issues<br />
like greenhouse gas emissions are restraining the growth of the market.<br />
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One of the major trends emerging in <strong>North</strong> <strong>America</strong> cold chain market is the focus on energy-conservation<br />
practices. The market players in the segment are adopting several tools & strategies to be more energy<br />
conservative. The latest trend prevailing in the market is the use of CO2 cascade system. Here, two refrigerants<br />
are used in one refrigeration system where one refrigerant cools the other refrigerant. Studies have revealed<br />
that macro developments in <strong>North</strong> <strong>America</strong> like rise in population, increased food wastage, <strong>and</strong> rise in organized<br />
retail sector are stimulating the dem<strong>and</strong> for cold chains for food preservation, thereby impacting the market in<br />
the near future.<br />
<strong>North</strong> <strong>America</strong> cold chain industry is categorized on the basis of ingredient type, temperature type, application,<br />
<strong>and</strong> geography. By the ingredients type, the market is divided into colorants, enzymes, salts yeasts, <strong>and</strong> flavors<br />
<strong>and</strong> others. Further, yeast can be segmented as top-fermenting <strong>and</strong> bottom-fermenting.<br />
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The prominent players in <strong>North</strong> <strong>America</strong> cold chain industry comprise Americold Logistics, LLC, AGRO Merchants<br />
Group, Henningsen <strong>Cold</strong> Storage Company, United States <strong>Cold</strong> Storage, Inc., Cloverleaf <strong>Cold</strong> Storage, Wabash<br />
National Corporation, Nordic Logistics <strong>and</strong> Warehousing, Burris Logistics Inc., LLC, Preferred Freezer Services,<br />
<strong>and</strong> Lineage Logistics Holdings LLC.<br />
<strong>Market</strong> Segment:<br />
Type Outlook (Revenue, USD Billion, 2014 - <strong>2025</strong>)<br />
• Storage<br />
• Warehouse<br />
• Refrigerated container<br />
• Transportation<br />
• Road<br />
• Sea<br />
• Rail<br />
• Air<br />
• Monitoring Components<br />
Application Outlook (Revenue, USD Billion, 2014 - <strong>2025</strong>)<br />
• Fruits <strong>and</strong> Vegetables<br />
• Dairy<br />
• Fish, Meat, <strong>and</strong> Seafood
• Processed Food<br />
• Pharmaceuticals<br />
Regional Outlook (Revenue, USD Billion, 2014 - <strong>2025</strong>)<br />
• <strong>North</strong> <strong>America</strong><br />
• U.S.<br />
• Canada<br />
• Mexico<br />
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