Colombia Cold Chain Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Colombia Cold Chain Logistics Market is Segmented by Services (Storage, Transportation, and Value-added Services), Temperature Type (Ambient, Chilled, and Frozen), and Application (Horticulture (Fresh Fruits and Vegetables), Dairy Products (Milk, Ice-cream, Butter, etc.), Meat and Fish, Processed Food Products, Pharma, Life Sciences, and Chemicals, and Other Applications). The report offers market size and forecast for the Colombia Cold Chain Logistics industry in value (USD billion) for all the above segments.

Colombia Cold Chain Logistics Market Size

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Colombia Cold Chain Logistics Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 224.50 Million
Market Size (2029) USD 394.83 Million
CAGR (2024 - 2029) 11.95 %
Market Concentration Medium

Major Players

Colombia Cold Chain Logistics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Colombia Cold Chain Logistics Market Analysis

The Colombia Cold Chain Logistics Market size is estimated at USD 224.5 million in 2024, and is expected to reach USD 394.83 million by 2029, growing at a CAGR of 11.95% during the forecast period (2024-2029).

  • The market is driven by trade growth in perishable products and the government's favorable support for developing cold chain infrastructure. Colombia's logistics industry has recently improved, ranking 5th in Latin America and the Caribbean. The government is working hard to improve the decentralized logistics infrastructure. Factors such as the increase in cold storage, the growth of the processed food sector, and the pharmaceutical industry are expected to drive the development of the cold chain logistics market in Columbia.
  • The pandemic positively impacted the cold chain industry and increased demand for cold chain warehousing. Cold chain service providers adopted pioneering technologies to meet the growing demand for food safety (mainly processed foods). The COVID-19 outbreak led to a shift in an organized retail market to prevent further virus outbreaks. These developments underscored the need for the food value chain to shift from an open market to a cold chain model to keep perishable items longer. These factors were expected to drive demand for the cold chain during the forecast period.
  • The pharmaceutical industry has widely accepted the potential benefits of cryogenic cold chain utilities in storing vaccines, blood samples, and other cell testers, with massive demand for the cold chain market. Moreover, the need for cold storage in online grocery stores has increased. The growth in online grocery sales in the market is expected to increase the demand for cold storage space in the next five years.

Colombia Cold Chain Logistics Market Trends

Rising Consumer Demand For Perishable Goods

Consumers are now more aware of health and wellness and the effect that food nutrients, especially protein, have on overall physical and mental growth and development. This has resulted in a change in the consumption pattern of perishable foods, such as dairy products, fruits and vegetables, and high-protein animal-based products (such as meat, eggs, fish, and seafood). Emerging economies in Asia Pacific and Latin America are witnessing a high demand for perishable food products. This can be attributed to rapid urbanization, changing tastes and preferences, and the rising disposable income of consumers in these countries. The market potential for processed and frozen food products is also high in among emerging countries such as Colombia due to their lower adoption rates. The consumption of ready-to-eat meals, such as frozen pizzas, desserts, and snacks, is rising steadily in the LATAM countries. The frozen food market requires an effective cold storage system so that the chemical composition of food items remains intact even after several months. With the increased international trade of perishable food products, the demand for cold storage systems is expected to increase in the coming years.

Colombia Cold Chain Logistics Market: Sales value of processed foods, in USD Billions, Colombia, 2017-2021

Increasing Demand for Dairy Products and Frozen food is driving the Market Growth

Colombian dairy imports are mostly cream, whey protein, milk powder, and other product ingredients, such as casein. Domestic consumption of dairy products has increased due to promotional efforts that appeal to changes in consumption patterns because of urbanization and income shifts. Consumers prefer fresh cheese, which is available in modern retail and mostly in wet markets and mom & pop stores due to its artisanal production. Even though hard cheese is seen as expensive and with a strong flavor, retailers like PriceSmart, D1 and Jumbo introduce different cheese varieties, which are key for educating consumers about this product. Colombian milk production reached 7,821 million liters (2,066 million gallons) in 2021. The dairy manufacturing sector in Colombia includes domestic and multinational companies, such as Nestle, Parmalat, and Danone, and domestic brands, including Colanta, Alpina, and Alqueria.

The Other Dairy Product, Bread consumption per capita is still low at 22 kilograms (48 pounds) compared to other Latin American countries, such as Chile (98 kilograms/216 pounds), Argentina (82 kilograms/180 pounds), and Uruguay (55 kilograms/121 pounds). Chilled meat and poultry products are in high demand in urban areas. According to Euromonitor, most of the Colombian chilled processed food market is in processed meats or poultry, and a minor share for chilled ready-to-eat meals; however, preference for chilled processed food has always been higher than for frozen products. Mexican, Italian, and Chinese preparations are preferred by consumers when buying ready-to-eat-meals. Grupo Nutresa leads in this category with a 60 percent market share. For canned goods, Colombians are primarily consumers of canned tuna, but the market for other canned/preserved products, such as meat, beans, tomatoes, and soups, is expanding. New competitors have arrived in the market, offering various products according.

Colombia Cold Chain Logistics Sector: Frozen Food Sectors Production Value, In USD Millions, Colombia, 2021

Colombia Cold Chain Logistics Industry Overview

The Colombian cold chain logistics market is expected to be fragmented due to the presence of local and international players. The market sees increasingly fierce competition in the field of e-commerce logistics. The growth in agricultural product exports in the global and domestic markets is expected to attract many international players in the warehousing and storage fields. The major players in the market include Megafin Logistica Para Alimentos, Frigometro, Apix Logistica Especializada SAS, and Transportes Iceberg De Colombia.

Colombia Cold Chain Logistics Market Leaders

  1. Megafin Logistica Para Alimentos

  2. Frigometro

  3. Transportes Iceberg De Colombia

  4. Apix Logistica Especializada SAS

  5. Sefarcol SA

*Disclaimer: Major Players sorted in no particular order

Colombia Cold Chain Logistics Market Concentration
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Colombia Cold Chain Logistics Market News

  • May 2022: Bomi Group, through the Picking Farma brand, announces the forthcoming opening of the new logistics hub near Madrid dedicated to the Healthcare sector. The warehouse, whose work has already begun, will involve an investment of 15 million euros and the creation of 150 jobs. The new logistics platform will join the seven already present in Spain, including one near Madrid, four in Catalonia, and two in the Canary Islands. This new logistics center will have an area of 25,000 m² and a capacity of 60,000 pallet places, making it one of the essential reference warehouses for the pharmaceutical sector in Europe.
  • April 2022:Bomi Group, a multinational leader in integrated logistics operating in the Healthcare sector, has announced the acquisition by its French branch of Tendron Pharma, the division of Tendron Transports - an independent company founded in 1963 dedicated to the transport of pharmaceutical products. Tendron Pharma has a fleet of 25 owned vehicles - made up of vans and trucks - all at a controlled temperature of +15 to +25° C, which transports drugs and devices from the pharmaceutical plant to distributors in the Ile-de-France region, including pharmacies, hospitals, and clinics.

Colombia Cold Chain Logistics Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS AND INSIGHTS

    1. 4.1 Current Market Scenario

    2. 4.2 Market Dynamics

      1. 4.2.1 Drivers

      2. 4.2.2 Restraints

      3. 4.2.3 Opportunities

    3. 4.3 Technological Trends and Automation

    4. 4.4 Government Regulations and Initiatives

    5. 4.5 Industry Value Chain/Supply Chain Analysis

    6. 4.6 Spotlight on Ambient/Temperature-controlled Storage

    7. 4.7 Industry Attractiveness - Porter's Five Forces Analysis

    8. 4.8 Impact of Emission Standards and Regulations on Cold Chain Industry

    9. 4.9 Impact of COVID-19 on the Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Services

      1. 5.1.1 Storage

      2. 5.1.2 Transportation

      3. 5.1.3 Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.)

    2. 5.2 By Temperature Type

      1. 5.2.1 Ambient

      2. 5.2.2 Chilled

      3. 5.2.3 Frozen

    3. 5.3 By Application

      1. 5.3.1 Horticulture (Fresh Fruits and Vegetables)

      2. 5.3.2 Dairy Products (Milk, Ice-cream, Butter, etc.)

      3. 5.3.3 Meats and Fish

      4. 5.3.4 Processed Food Products

      5. 5.3.5 Pharma, Life Sciences, and Chemicals

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Concentration Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Megafin Logistica Para Alimentos

      2. 6.2.2 Frigometro

      3. 6.2.3 Apix Logistica Especializada SAS

      4. 6.2.4 Transportes Iceberg De Colombia

      5. 6.2.5 Sefarcol SA

      6. 6.2.6 Rentafrio

      7. 6.2.7 Ransa Colombia Colfrigos

      8. 6.2.8 Frimac

      9. 6.2.9 Sabanagro Ltda

      10. 6.2.10 Transportes Camfri SA*

    3. *List Not Exhaustive
  7. 7. FUTURE OF COLD CHAIN LOGISTICS MARKET

  8. 8. APPENDIX

    1. 8.1 Macroeconomic Indicators (GDP Distribution, by Activity, Contribution of the Transport and Storage Sector to Economy)

    2. 8.2 External Trade Statistics - Exports and Imports, by Product

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Colombia Cold Chain Logistics Industry Segmentation

A cold chain is a temperature-controlled supply chain. Cold chain logistics is the technology and process that allows the safe transport of temperature-sensitive goods and products along the supply chain. This report covers market insights, such as market dynamics, technological innovation, its impact, e-commerce growth's impact on the market, the impact of regulations on the logistics sector, industry attractiveness - Porter's five forces analysis, freight, and logistics costs. Additionally, the report provides company profiles to understand the competitive landscape of the market.

The Colombia Cold Chain Logistics Market is Segmented by Services (Storage, Transportation, and Value-added Services), Temperature Type (Ambient, Chilled, and Frozen), and Application (Horticulture (Fresh Fruits and Vegetables), Dairy Products (Milk, Ice-cream, Butter, etc.), Meat and Fish, Processed Food Products, Pharma, Life Sciences, and Chemicals, and Other Applications). The report offers market size and forecast for the Colombia Cold Chain Logistics industry in value (USD billion) for all the above segments.

By Services
Storage
Transportation
Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.)
By Temperature Type
Ambient
Chilled
Frozen
By Application
Horticulture (Fresh Fruits and Vegetables)
Dairy Products (Milk, Ice-cream, Butter, etc.)
Meats and Fish
Processed Food Products
Pharma, Life Sciences, and Chemicals
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Colombia Cold Chain Logistics Market Research FAQs

The Colombia Cold Chain Logistics Market size is expected to reach USD 224.50 million in 2024 and grow at a CAGR of 11.95% to reach USD 394.83 million by 2029.

In 2024, the Colombia Cold Chain Logistics Market size is expected to reach USD 224.50 million.

Megafin Logistica Para Alimentos , Frigometro , Transportes Iceberg De Colombia, Apix Logistica Especializada SAS and Sefarcol SA are the major companies operating in the Colombia Cold Chain Logistics Market.

In 2023, the Colombia Cold Chain Logistics Market size was estimated at USD 200.54 million. The report covers the Colombia Cold Chain Logistics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Colombia Cold Chain Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Colombia Cold Chain Logistics Industry Report

Statistics for the 2024 Colombia Cold Chain Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Colombia Cold Chain Logistics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Colombia Cold Chain Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)