According to a research report "US Cold Chain Market by Type (Refrigerated Warehouse and Transportation), Temperature Type (Chilled and Frozen), Application (Dairy & Frozen Desserts, Fish, Meat & Seafood, Fruits & Vegetables, Bakery & Confectionery) and Region - Global Forecast to 2028", published by MarketsandMarkets, US Cold Chain Market to Grow at a CAGR 4.0% from 2023 to 2028.
Booming frozen and chilled food Sectors to fuel the market growth
The exponential growth of frozen food products and chilled food markets in the US has significantly propelled the expansion of the cold chain industry. The increased consumer demand for these perishable goods necessitates the establishment of robust and efficient cold chain infrastructure to ensure the integrity and safety of the products throughout the supply chain.
To meet the escalating demand for frozen food products, companies in the US have made substantial investments in cutting-edge cold storage facilities, state-of-the-art transportation fleets, and advanced temperature control technologies. Notable examples include Lineage Logistics and Americold, which have expanded their freezer capacity and implemented innovative freezing techniques to cater to the rising market needs.
Simultaneously, the growing chilled food market, encompassing dairy products, fresh produce, and prepared meals, has spurred investments in refrigerated transportation and distribution networks. This is vital to maintaining the freshness and quality of temperature-sensitive goods during transit. Leading companies such as United States Cold Storage and C.H. Robinson have capitalized on this opportunity by enhancing their refrigerated transportation capabilities and employing sophisticated tracking systems to ensure meticulous management of the cold chain.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441