North America Food Cold Chain Logistics Market Size (2024 - 2029)

The North America Food Cold Chain Logistics Market is experiencing significant growth, driven by changing consumer preferences towards healthier food options and the increasing demand for temperature-sensitive products such as meat, fruits, vegetables, and dairy. This shift in dietary habits, coupled with the rising incidence of lifestyle-related illnesses, has heightened the need for efficient cold chain logistics to ensure the delivery of fresh and high-quality goods. Additionally, the expansion of the e-commerce sector is further propelling the market, as businesses strive to meet consumer expectations for timely and effective delivery of perishable items. The growing import of exotic produce and the increased consumption of meat and poultry are also contributing to the development of more temperature-controlled infrastructure, supporting the market's expansion.

Market Size of North America Food Cold Chain Logistics Industry

North America Food Cold Chain Logistics Market Summary
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

North America Food Cold Chain Logistics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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 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
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North America Food Cold Chain Logistics Market Size Summary

The North American food cold chain logistics market is experiencing significant growth, driven by changing consumer preferences and an increasing demand for temperature-sensitive food products. As consumers become more health-conscious, there is a rising demand for proteins, vitamins, and minerals, leading to a greater consumption of meat, fruits, vegetables, and dairy products. This shift necessitates robust cold chain logistics to ensure these perishable goods are stored and transported under optimal conditions. The expansion of e-commerce further fuels this market, as online shopping increases the need for efficient and timely delivery of fresh and frozen foods. The market is also benefiting from the import of exotic produce and the growing popularity of frozen foods, which are being tailored to meet consumer demands for healthier options with fewer preservatives.

The market landscape is highly fragmented, with both global and regional players like Americold Logistics and Lineage Logistics leading the charge. These companies are actively expanding their operations through strategic acquisitions and investments in new facilities to enhance their capacity and capabilities. The focus on sustainability is evident, with initiatives such as the adoption of electric trucks and the development of eco-friendly storage solutions. Additionally, the market is seeing a rise in the popularity of functional foods, which offer health benefits beyond basic nutrition, reflecting a broader trend towards health and wellness. As the demand for convenience foods grows, driven by busy lifestyles and urbanization, the cold chain logistics market in North America is poised for continued expansion.

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North America Food Cold Chain Logistics Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing consumption of canned and frozen food

      2. 1.2.2 Growth urbanization and increased adoption of healthy lifestyle

    3. 1.3 Market Restraints

      1. 1.3.1 Limited self-life of frozen food

      2. 1.3.2 Growing awareness regarding the consumption of fresh vegetables and fruits

    4. 1.4 Market Opportunities

      1. 1.4.1 Digitalization of the retail industry

    5. 1.5 Value Chain / Supply Chain Analysis

    6. 1.6 Porter's Five Forces Analysis

      1. 1.6.1 Bargaining Power of Suppliers

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Threat of New Entrants

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

    7. 1.7 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Application

      1. 2.1.1 Fruits and Vegetables

      2. 2.1.2 Meat and Seafood

      3. 2.1.3 Dairy and Frozen Dessert

      4. 2.1.4 Bakery and Confectionery

      5. 2.1.5 Ready-to-Eat Meal

      6. 2.1.6 Other Applications

    2. 2.2 By Service Type

      1. 2.2.1 Refrigerated Storage

      2. 2.2.2 Refrigerated Transport

      3. 2.2.3 Airways

      4. 2.2.4 Roadways

      5. 2.2.5 Seaways

      6. 2.2.6 Railways

    3. 2.3 Geography

      1. 2.3.1 US

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

      4. 2.3.4 Rest of NA

North America Food Cold Chain Logistics Market Size FAQs

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.

In 2024, the North America Food Cold Chain Logistics Market size is expected to reach USD 81.24 billion.

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