North America Food Cold Chain Logistics Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 81.24 Billion |
| Market Size (2029) | USD 112.29 Billion |
| CAGR (2024 - 2029) | > 6.94 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Food Cold Chain Logistics Market Analysis
The North America Food Cold Chain Logistics Market size is estimated at USD 81.24 billion in 2024, and is expected to reach USD 112.29 billion by 2029, growing at a CAGR of greater than 6.94% during the forecast period (2024-2029).
In North America, the market for cold chain services is expanding rapidly. A shift in the region's eating preferences has been a fundamental driver of the cold chain business in North America.
As obesity rates rise and the incidence of lifestyle illnesses rises, consumers are increasing their consumption of proteins, vitamins, minerals, healthy fats, and so on while decreasing their carbohydrate intake.
This has accelerated the region's need for food goods such as meat, fruits, vegetables, and dairy products. Because these items are temperature sensitive, they must be kept and delivered in cold chains.
Consumers are increasingly looking for fresh, healthful, and locally sourced meals, and they are ready to pay a premium for high-quality goods. This has boosted the need for Food cold chain logistics services as businesses strive to ensure that their products reach consumers in the best possible condition.
The expansion of the e-commerce sector is another element fueling the growth of the US Food cold chain industry. As more people buy online, the need for cool chain logistics services has expanded, and businesses are working on ensuring that their items are delivered to clients effectively and on schedule. The import of exotic fruits and vegetables, along with the growing consumption of meat and poultry, has resulted in a rise of temperature-controlled warehouses, trucks, and other infrastructure to enable temperature-sensitive product delivery.
North America Food Cold Chain Logistics Market Trends
The rising consumption of frozen food
Frozen food businesses have responded successfully to customer interest by introducing products that are low in trans fat, low in fat, multigrain, whole wheat, and low in chemical preservatives. The North American frozen ready meals industry is primarily driven by increased demand for low-cost, high-quality, and fresh frozen pizza and portable breakfasts. Furthermore, the trend of eating out at restaurants and other culinary establishments is propelling the industry. According to the research, the North American area is one of the world's most important frozen food markets.
People increasingly choose frozen fruits and vegetables, which allow them to enjoy even seasonal delights all year. The developments in cold chain infrastructure facilities across North America are driving this industry. In terms of country growth, the United States is regarded as the greatest income producer, followed by Mexico and Canada. The need for easy food products is the primary driver of the frozen food industry in North America since these foods minimize customers' cooking, preparation, and clean-up efforts and time.
The increased use of convenience foods such as RTE and RTC cut vegetables, mixed veggies, and meals as a result of consumers' busy lifestyles and stressful work schedules has increased demand for frozen vegetables in North America. Rising disposable income, urbanization, and changing lifestyles are all driving the market forward. Consumers increased spending power drives the demand for quality frozen vegetable goods. The growing trend of veganism is driving up demand for frozen veggies in North America. As a result of this tendency, many customers are becoming more reliant on fruits and vegetables, leading to a rise in demand for frozen veggies.
Growing urbanization and increased adoption of healthy lifestyle
Functional foods are foods that have been updated to aid in enhancing health. It does not cure the condition, but it can lower the chances of getting it. It feeds the body with essential nutrients like proteins and fibers. This allows the organs of the body to work appropriately and smoothly throughout the body. Simply said, functional foods in regular meals bring additional benefits to the health of any individual's body. The growing public awareness of the importance of good health has resulted in a major increase in the market acceptance of functional foods.
DoorDash will partner with 18 cities – Mesa and Tucson in Arizona; Oakland and Riverside in California; Paterson and Camden City in New Jersey; Albany, Mt. Vernon, and Rochester in New York; Columbus, Ohio; Tacoma, Washington; Denver, Colorado; Hartford, Connecticut; Tampa, Florida; Atlanta, Georgia; Baltimore, Maryland; Pawtucket, Rhode Island; and Richmond, Virginia – to combat hunger by addressing transportation barriers to accessing healthy food. The company will provide targeted support through USD 1 million in DoorDash Community Credits, which community-based organizations can use to provide free food delivery; access to Project DASH on the DoorDash logistics platform, which food banks, food pantries, and other charitable organizations can use to power charitable food delivery; and direct funding of in-kind charitable food deliveries through the platform.
Google will launch new product features to help Americans access public food benefits and health care services. Google Search will facilitate SNAP enrollment by making it easier for users to find detailed and locally-specific information on how to check their eligibility and apply for SNAP benefits. Google will also update its search experience to enable Americans already enrolled in Medicare and Medicaid to find and schedule healthcare appointments directly within the Google Search tool.
North America Food Cold Chain Logistics Industry Overview
The North American food cold chain logistics market is highly fragmented, with a mix of global and regional players dominating the industry. Some of the key players in the market are Americold Logistics, Lineage Logistics (Preferred Freezer Services), Nichirei Corporation, Kloosterboer Group B.V., and VersaCold Logistics Services.
The cold chain industry offers several possibilities for both new and established firms to penetrate regions with significant export potential as well as those with fast-expanding domestic demand for frozen goods. To gain a solid footing in the global market, these companies are increasingly turning to growth, mergers, and acquisitions.
North America Food Cold Chain Logistics Market Leaders
Americold Logistics, Inc.,
Burris Logistics
Lineage Logistics Holding, Llc
United States Refrigerated Storage
VersaCold Logistics Services
*Disclaimer: Major Players sorted in no particular order
North America Food Cold Chain Logistics Market News
- October 2023: Lineage Logistics bought eight cold storage warehouses from Burris Logistics. Integrating the eight facilities into Lineage’s network will add nearly 1.3 million square feet of capacity and around 115,000 pallet positions. The facilities are located in Lakeland and Jacksonville, Fla.; McDonough, Ga.; Edmond, Okla.; New Castle, Del.; Waukesha, Wis.; and Federalsburg, Md.
- June 2023: Conestoga Cold Storage Limited, a provider of temperature-controlled warehousing and logistics solutions, is expanding operations with the construction of a new greenfield facility in Halton Hills, Ontario. This state-of-the-art building is set to become one of the largest cold storage facilities in the world, boasting cutting-edge technology, sustainable practices, and a capacity of over 96 million cu. ft.,
- October 2022: A.P. Moller-Maersk ordered eight electric trucks from Volvo in Southern California to distribute food and other products. This move demonstrates the industry's efforts to adopt sustainable and environmentally friendly practices while meeting the growing demand for cold chain transport and storage.
North America Food Cold Chain LogisticsMarket Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing consumption of canned and frozen food
4.2.2 Growth urbanization and increased adoption of healthy lifestyle
4.3 Market Restraints
4.3.1 Limited self-life of frozen food
4.3.2 Growing awareness regarding the consumption of fresh vegetables and fruits
4.4 Market Opportunities
4.4.1 Digitalization of the retail industry
4.5 Value Chain / Supply Chain Analysis
4.6 Porter's Five Forces Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Application
5.1.1 Fruits and Vegetables
5.1.2 Meat and Seafood
5.1.3 Dairy and Frozen Dessert
5.1.4 Bakery and Confectionery
5.1.5 Ready-to-Eat Meal
5.1.6 Other Applications
5.2 By Service Type
5.2.1 Refrigerated Storage
5.2.2 Refrigerated Transport
5.2.3 Airways
5.2.4 Roadways
5.2.5 Seaways
5.2.6 Railways
5.3 Geography
5.3.1 US
5.3.2 Canada
5.3.3 Mexico
5.3.4 Rest of NA
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Americold Logistics, Inc.
6.2.2 Burris Logistics
6.2.3 Lineage Logistics Holding, Llc
6.2.4 Wabash National Corporation
6.2.5 United States Refrigerated Storage
6.2.6 Tippmann Group
6.2.7 NFI Industries
6.2.8 Penske
6.2.9 Seafrigo Group
6.2.10 NewCold
6.2.11 Conestoga Refrigerated Storage*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
North America Food Cold Chain Logistics Industry Segmentation
Transport and storage of non-perishable goods requiring controlled and low-temperature conditions (e.g., art objects) are usually not considered a Food Cold Chain. The Food Cold Chain includes various perishable products: fresh agricultural, frozen, and seafood.
A comprehensive background analysis of the North American food cold chain logistics market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry. The impact of COVID-19 has also been incorporated and considered during the study.
The North American food cold chain logistics market is segmented by applications (fruits and vegetables, meat and seafood, dairy and frozen desserts, bakery and confectionery, ready-to-eat meals, and other applications), by service type (refrigerated storage, reconditioned transport, airlines, roads, seaways, railways), by geography (United States, Canada, Mexico, Rest of North America)
The report offers market size and forecasts for the North America food cold chain logistics market in value (USD) for all the above segments.
| By Application | |
| Fruits and Vegetables | |
| Meat and Seafood | |
| Dairy and Frozen Dessert | |
| Bakery and Confectionery | |
| Ready-to-Eat Meal | |
| Other Applications |
| By Service Type | |
| Refrigerated Storage | |
| Refrigerated Transport | |
| Airways | |
| Roadways | |
| Seaways | |
| Railways |
| Geography | |
| US | |
| Canada | |
| Mexico | |
| Rest of NA |
North America Food Cold Chain LogisticsMarket Research FAQs
How big is the North America Food Cold Chain Logistics Market?
The North America Food Cold Chain Logistics Market size is expected to reach USD 81.24 billion in 2024 and grow at a CAGR of greater than 6.94% to reach USD 112.29 billion by 2029.
What is the current North America Food Cold Chain Logistics Market size?
In 2024, the North America Food Cold Chain Logistics Market size is expected to reach USD 81.24 billion.
Who are the key players in North America Food Cold Chain Logistics Market?
Americold Logistics, Inc.,, Burris Logistics, Lineage Logistics Holding, Llc, United States Refrigerated Storage and VersaCold Logistics Services are the major companies operating in the North America Food Cold Chain Logistics Market.
What years does this North America Food Cold Chain Logistics Market cover, and what was the market size in 2023?
In 2023, the North America Food Cold Chain Logistics Market size was estimated at USD 75.97 billion. The report covers the North America Food Cold Chain Logistics Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the North America Food Cold Chain Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Food Cold Chain LogisticsIndustry Report
Statistics for the 2024 North America Food Cold Chain Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Food Cold Chain Logistics analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
