Brazil Cold Chain Logistics Market Size (2024 - 2029)

Brazil Cold Chain Logistics Market Analysis

The Brazil Cold Chain Logistics Market size is estimated at USD 2.67 billion in 2024, and is expected to reach USD 4.31 billion by 2029, growing at a CAGR of 10.02% during the forecast period (2024-2029).

• The COVID-19 pandemic significantly boosted the domestic e-retailing sector and the consumption of processed foods and beverages, pushing the demand for refrigerated storage spaces and logistics.
• Brazil is one of the world's fastest-growing economies and among the top 20 markets in the world for the cold storage industry. The country has a storage capacity of about 6 million cu. m, as per the Global Cold Chain Alliance (GCCA). Brazil is a major exporter of fruits, meat, sugar, and soya beans. It is developing its cold chain logistics and storage facilities to support the expected growth in the sectors.
• The Brazilian government allocated a budget of USD 10 billion to improve the country's infrastructure, aiding the efficiency of the logistics supply chain. The growth of the transport infrastructure and connectivity is expected to drive the growth of the market during the forecast period. With the increasing per capita income of the country, people are gradually improving their standards of living and updating their food habits with a shift to packaged, refrigerated, and readymade food items. The increasing per capita income is also fueling the overall retail grocery spending in the country. All these factors have led to an increase in the consumption of refrigerated and processed foods, which is expected to drive the cold chain logistics market over the forecast period.

Brazil Cold Chain Logistics Industry Segmentation

The cold chain logistics market involves the transportation of temperature-sensitive products along a supply chain through thermal and refrigerated packaging methods and the logistical planning to protect the integrity of these shipments. Transportation modes used are refrigerated trucks, refrigerated railcars, refrigerated cargo, and air cargo. The report provides key insights into Brazil's cold chain logistics market, including technological developments, trends, and government regulations in the sector. It also focuses on market dynamics, the competitive landscape. and profiles of active key players.

Brazil's cold chain logistics market is segmented by service (storage, transportation, and value-added services), temperature type (chilled and frozen), application (horticulture, meat, fish, poultry, processed food products, pharmaceuticals, life sciences, and chemicals, and other applications), and key cities (Sao Paulo, Rio de Janeiro, and Salvador). The report also covers the impact of COVID-19 on the market. The report offers market size and forecasts in value (USD billion) for all the above segments.