Cold Storage Market Size to grow by USD 31.97 bn | Americold Realty Trust and Interstate Cold Storage Inc. Emerge as Key Contributors to Growth | Technavio

NEW YORK, Nov. 26, 2021 /PRNewswire/ -- The cold storage market size is expected to increase by USD 31.97 bn from 2020 to 2025, registering a CAGR of  2.79%, according to the latest research report from Technavio. This exclusive report describes market scenarios, estimates, and customer behavior. Technavio analyzes the market by end-user (meat and seafood, fruits and vegetables, bakery and confectionery, dairy and frozen products, and others) and geography (APAC, North America, Europe, South America, and MEA).

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The report on the cold storage market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The growing awareness about reducing wastage of food is expected to have a positive impact on the growth of the cold storage market during the forecast period.

The cold storage market covers the following areas:

Cold Storage Market Sizing
Cold Storage Market Forecast
Cold Storage Market Analysis

Market Segmentation

• Based on geography, the cold storage market has been segmented into five regions, namely APAC, North America, Europe, South America, and MEA. North America is expected to dominate the market during the forecast period, with a market share growth of 51%. The growth of the market in the region is expected to be driven by the growing demand for perishable goods.
• Based on end-user, the cold storage market has been segmented into meat and seafood, fruits and vegetables, bakery and confectionery, dairy and frozen products, and others. According to our analysis, the meat and seafood segment is expected to have a significant market share growth during the forecast period.

Some Companies Mentioned

• Americold Realty Trust
• Interstate Cold Storage Inc.
• John Swire and Sons Ltd.
• Lineage Logistics Holdings LLC
• NewCold Cooperatief UA
• Nichirei Corp.
• Oceana Group Ltd.
• Stellar Development Foundation
• VersaCold Logistics Services
• Wabash National Corp.

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Related Reports:

• Food and Beverage Cold Chain Logistics Market: The food and beverage cold chain logistics market has been segmented by application (meat and seafood, dairy and frozen desserts, FVB, and bakery and confectionary) and geography (North America, APAC, Europe, South America, and MEA). Download Free Sample Report
• Cold Chain Market: The cold chain market has been segmented by type (refrigerated warehouse and refrigerated transportation), application (MFS, dairy and frozen desserts, FVB, bakery and confectionery, and healthcare), and geography (North America, Europe, APAC, South America, and MEA). Download Free Sample Report

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SOURCE Technavio