Peru Cold Chain Logistics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

The market is segmented by Service (Storage, Transportation, and Value-added Services), Temperature Type (Chilled and Frozen), and Application (Horticulture, Meats, Fish, Poultry, Processed Food Products, Pharma, Life Sciences, and Chemicals, and Other Applications).

Peru Cold Chain Logistics Market Size

Study Period: 2019 - 2028
CAGR: 15.16 %

Major Players


*Disclaimer: Major Players sorted in no particular order


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Peru Cold Chain Logistics Market Analysis

The cold chain logistics market in Peru was valued at USD 119.5 million in 2020, and it is expected to reach USD 278.78 million by 2026, registering a growth rate of 15.16% during the forecast period.

The Peruvian cold chain logistic market is in developing phase where the government is understanding the importance of cold chain supply and working on building more temperature controlled warehouses. Also, with low supermarket pentration in the country, there is a potential growth for the sector.

With outburst of Covid-19, people switch to online mode and thus an exponential growth is recorded for business switching to online mode. Fresh food demand during the lockdown kept the cold chain logistics in business while exports of fruits and vegetables, one of the most exported item in Peru, also returned to their usual export figures i.e pre-pandemic. Also, the vaccines against corona virus is required to be kept at low temperatures, thus driving the demand of cold chain logistics market in country.

The food service industry accounts for up to 18% of total foreign tourist revenue. Peru has around 20,000 hotels with about 500,000 bedrooms. High-end restaurants and hotels serve high-value consumer-oriented products from the United States (such as wines, cheese, beef, and pork), which necessitates the use of cold storage warehouse space.

The food processing industry in Peru is a thriving area of the country's economy. Peru's food business contributes for over 28% of the country's industrial GDP, with a gross value added of USD 9.4 billion in 2020.

Peru Cold Chain Logistics Industry Segmentation

Cold Chain Logistics comprises establishments primarily engaged in operating refrigerated warehousing, storage facilities and transportation of goods in temperature controlled vehicles. The services provided by these establishments include blast freezing, tempering, and modified atmosphere storage services. A complete background analysis of the Peruvian Cold Chain Logistics market, which includes an assessment of the economy, market overview, market size estimation for key segments, and emerging trends in the market, market dynamics, and key company profiles are covered in the report.

By Service
Cold Storage/Refrigerated Warehousing
Refrigerated Transportation
Value-added Services (Order Management, Blast Freezing, Labeling, Inventory Management, etc.)
By Temperature Type
By End User
Fruits and Vegetables
Dairy Products (Milk, Butter, Cheese, Ice Cream, etc.)
Fish, Meat, and Seafood
Processed Food
Pharmaceutical (Includes Biopharma)
Bakery and Confectionery
Other End Users (Chemicals, etc.)

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Peru Cold Chain Logistics Market Trends

This section covers the major market trends shaping the Peru Cold Chain Logistics Market according to our research experts:

Pharmaceutical sector growth driving the market

The Peruvian pharmaceutical industry market is extremely competitive, with annual sales exceeding USD 2.2 billion in 2020. The digital transformation is currently having a significant impact on the sector.

In Peru, factors driving the pharmaceutical industry include increased purchasing power, improved access to healthcare and government initiatives to stock up on generic medicines. Composed of a relatively small number of companies, the market is primarily dominated by Inkafarma, Química Suiza, and Boticas Arcángel, local players that have grown rapidly.

The country has over 200 national and transnational laboratories. In addition to laboratories, other important players in the industry include pharmaceutical distributors and pharmacy chains.

To safely distribute the vaccine to remotest corners of the country. Peru has signed an agreement for the air transport of the COVID-19 vaccine in specially equipped planes and containers. Through the United Nations Children's Fund (UNICEF), the Ministry of Health (Minsa) has purchased 10,339 units of refrigeration equipment to improve the cold chain system required to transport and store COVID-19 vaccines throughout Peru. The equipment, primarily electric and solar-powered refrigerators, will be used to preserve and transport vaccines across the country under proper cold-chain conditions, ensuring vaccine quality wherever they go.

Companies active online in 2020

Necessity for cold chain logistics by ever growing agricultural sector

Agriculture business contributes close to 7% to Peru's GDP while employing 27% of the total work force. In Peru, a high percentage of the world's fruits and vegetables are exported by farmers and food manufacturers who require a high degree of logistics and transportation support for their perishable products. 

Peruvian fruit exports have increased rapidly over the last decade, rising from USD 540 million in 2010 to USD 3.8 billion in 2020, with Peru ranking among the top ten fruit exporting countries. Peru's grapes and blueberries are always in demand across the globe and thus makes the top two agricultural items in country's export list. US and Netherlands are top two destinations for exports of fresh fruits and vegetables from Peru followed by Spain and UK.

Peru is also a major supplier of crops such as asparagus, because of its unique climate. Peru has a window for asparagus exports between November and January, months in which almost no other country exports the product. 

With the country's cold chain logistics market still deveoping, there is a lot of room for improvement through which food wastage could be reduced as Peru lost 33% of the food it produced due to lack/mismangement of cold chain in 2018.

Top Agri Products in Peru based on export value

Peru Cold Chain Logistics Industry Overview

Peruvian Cold Chain Logistics Market is farily consolidated with top 5 players taking up a market share of approximately 35%. Some of the key players in the market include Ransa (Depsa), Frialsa Frigorifficos, Frio Aereo, and Critical Express Cargo amongst others. Technology integration is slowly but steadily increasing, and players that have invested in the technology are expected to have a competitive edge in the market. 

Peru Cold Chain Logistics Market Leaders

  1. DHL

  2. Savar Logistica

  3. Frialsa Frigorificos

  4. Depsa

  5. Absolute Zero

*Disclaimer: Major Players sorted in no particular order


Peru Cold Chain Logistics Market News

  • Jan 2020: Ransa, the Romero Group's logistics operator, combined its foreign trade services with the temporary storage business and the empty container business of the port operator  Tramarsa . Thus,  Ransa will  increase its infrastructure and foresees an 18% growth in sales of its business in Peru.
  • Dec 2019: Frialsa Peru opened a storage and distribution center for refrigerated and frozen products. The logistics center has the capacity to store more than 10 thousand metric tons of goods at a temperature of up to -29 degree Celsius.

Peru Cold Chain Logistics Market Report - Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study


    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases



    1. 4.1 Current Market Scenario

    2. 4.2 Technological Trends

    3. 4.3 Government Regulations

    4. 4.4 Value Chain / Supply Chain Analysis

    5. 4.5 Insights on Refrigerants and Packaging Materials

    6. 4.6 Brief on Freight Rates

    7. 4.7 Impact of COVID-19 on Peru's cold chain logistics market


    1. 5.1 Drivers

    2. 5.2 Restraints

    3. 5.3 Opportunities

    4. 5.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 5.4.1 Bargaining Power of Suppliers

      2. 5.4.2 Bargaining Power of Consumers

      3. 5.4.3 Threat of New Entrants

      4. 5.4.4 Threat of Substitutes

      5. 5.4.5 Intensity of Competitive Rivalry


    1. 6.1 By Service

      1. 6.1.1 Cold Storage/Refrigerated Warehousing

      2. 6.1.2 Refrigerated Transportation

      3. 6.1.3 Value-added Services (Order Management, Blast Freezing, Labeling, Inventory Management, etc.)

    2. 6.2 By Temperature Type

      1. 6.2.1 Chilled

      2. 6.2.2 Frozen

    3. 6.3 By End User

      1. 6.3.1 Fruits and Vegetables

      2. 6.3.2 Dairy Products (Milk, Butter, Cheese, Ice Cream, etc.)

      3. 6.3.3 Fish, Meat, and Seafood

      4. 6.3.4 Processed Food

      5. 6.3.5 Pharmaceutical (Includes Biopharma)

      6. 6.3.6 Bakery and Confectionery

      7. 6.3.7 Other End Users (Chemicals, etc.)


    1. 7.1 Market Concentration Overview

    2. 7.2 Company Profiles

      1. 7.2.1 Frialsa Frigorificos Del Peru

      2. 7.2.2 Depsa

      3. 7.2.3 Lineage Logistics

      4. 7.2.4 South Pacific Logistics

      5. 7.2.5 G&R Frigotrans

      6. 7.2.6 San Louis J&C

      7. 7.2.7 Absolute Zero

      8. 7.2.8 TIMCO SAC

      9. 7.2.9 Transporte Campos

      10. 7.2.10 Husky SAC*

    3. *List Not Exhaustive
    4. 7.3 Other Companies (Key Information/Overview)

    5. 7.4 Key Vendors and Suppliers (Cold Storage Equipment Manufacturers, Carrier Manufacturers, Technology Providers for the Cold Chain Industry)


  9. 9. APPENDIX

    1. 9.1 Macroeconomic Indicators (GDP Distribution by Activity, Contribution of Transport Sector to economy)

    2. 9.2 Detailed Imports and Exports Statistics of Frozen Food Products

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Peru Cold Chain Logistics Market Research FAQs

The Peru Cold Chain Logistics Market is studied from 2019 - 2028.

The Peru Cold Chain Logistics Market is growing at a CAGR of 15.16% over the next 5 years.

The Peru Cold Chain Logistics Market is valued at 145 Million USD in 2019.

The Peru Cold Chain Logistics Market is valued at 278 Million USD in 2028.

DHL, Savar Logistica, Frialsa Frigorificos, Depsa, Absolute Zero are the major companies operating in Peru Cold Chain Logistics Market.

Peru Cold Chain Logistics Industry Report

Statistics for the 2023 Peru Cold Chain Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Peru Cold Chain Logistics analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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