Cold Chain Logistics Market by Temperature, Service, Application

Description

List of Tables

[182 Pages Report] The Cold Chain Logistics Market size was estimated at USD 256.44 billion in 2023 and expected to reach USD 293.52 billion in 2024, at a CAGR 14.82% to reach USD 674.76 billion by 2030.

The cold chain logistics market comprises the transportation and distribution processes that maintain a constant temperature-controlled environment for the preservation of perishable goods. It includes an array of refrigerated storage units, logistics services, and transportation modes designed to ensure the quality and safety of products such as pharmaceuticals, food and beverages, chemicals, and flowers from the point of origin to the point of consumption. Cold chain logistics finds application in various sectors with end-use industries such as pharmaceuticals, where it is essential for the transport of vaccines, biopharmaceuticals, and clinical trial materials. The food and beverage sector relies on it for preserving the quality and safety of perishable products, including dairy, meat, seafood, fruits, and vegetables. The chemical industry uses cold chain solutions to transport temperature-sensitive materials, whereas horticulture requires the maintenance of freshness in flowers and plants during shipping. The cold chain logistics sector is undergoing significant growth, driven primarily by the burgeoning pharmaceutical industry's demand for vaccines and biologics, coupled with progressive technological enhancements such as sophisticated refrigeration, telematics, and IoT for real-time monitoring. There is also a surge in consumer expectations for fresh, quality perishables and the expansion of global trade necessitating rigorous cold storage solutions. The market brims with opportunities including the adoption of eco-friendly initiatives like solar cooling systems, the application of cutting-edge technologies such as AI and blockchain for improved accountability, and the untapped potential in burgeoning markets in Asia and Africa. However, these advancements come with challenges such as the steep costs associated with specialized machinery and high energy demands, intricate regulatory frameworks across different jurisdictions, and infrastructural inadequacies particularly in emerging economies. Future innovations and research should concentrate on energy-conserving refrigeration methods, superior insulation packages, and the deployment of predictive analytics to streamline supply chain operations and minimize product spoilage, thus ensuring the sustained growth and operational efficiency of the cold chain logistics market.

KEY MARKET STATISTICS
Base Year [2023]	USD 256.44 billion
Estimated Year [2024]	USD 293.52 billion
Forecast Year [2030]	USD 674.76 billion
CAGR (%)	14.82%

Temperature: Specific temperature standards for cold chain logistics need to maintained to optimize the cold chain and mitigate risks of spoilage

In the domain of cold chain logistics, the term chilled refers to the storage and transportation of goods at temperatures that are typically between 2°C and 8°C (35°F and 46°F). This category is essential for the preservation of products such as fresh fruits and vegetables, dairy products, and some types of pharmaceuticals. Maintaining a controlled chilled environment ensures that these items remain fresh, safe, and retain their quality throughout the supply chain. It is crucial for market research analysts to understand the demand trends and logistical challenges associated with chilled goods to optimize the cold chain and mitigate risks of spoilage. The frozen category within cold chain logistics encompasses the transportation and storage of products at temperatures below 0°C (32°F), often sitting around -18°C (0°F) or colder. Frozen logistics are critical for food items such as ice cream, meat, seafood, and pre-prepared meals, in addition to certain medical and pharmaceutical products. Ensuring the integrity of the products requires a deep understanding of the technological solutions and insulating materials used in frozen logistics, as well as an awareness of the regulatory frameworks governing the safe handling of frozen commodities.

Services: Advancement in the services helps in inventory management, realtime delivery and ensuring optimal product preservation during transit and storage

Blast Freezing is a rapid chilling process so essential in the cold chain logistics industry. By quickly reducing the temperature of perishable goods to their core, blast freezing helps in inhibiting bacterial growth and preserving the nutritional quality and shelf life of food items. Inventory Management within the realm of cold chain logistics involves the careful monitoring and control of perishable goods to ensure their integrity throughout the supply chain. Analysts evaluate the systems deployed by logistics providers for tracking product lots, managing stock rotations, and forecasting demand to reduce wastage and ensure the timely delivery of fresh products to consumers. Effective inventory management is crucial in the coordination between production, warehousing, and distribution activities. Labeling is a critical component in cold chain logistics that ensures compliance with regulatory requirements and facilitates traceability. Proper labels include information on expiration dates, storage temperatures, handling instructions, and origin details-information that is vital for all stakeholders in the supply chain. Storage within cold chain logistics refers to the maintenance of the required ambient conditions for perishable goods at various points in the supply chain. Analysts assess the efficiency and capacity of cold storage facilities, including their ability to maintain precise temperatures and humidity levels critical for protecting product integrity. Transportation in the field of cold chain logistics encompasses the methodologies and means by which temperature-sensitive products are moved from the point of origin to their final destination.

Application: Expandable use of management and transportation services for transporting the temperature-sensitive products, such as food, pharmaceuticals, and vaccines for real-time

The shelf life and quality of baked goods and confectionery items largely depend on controlled temperature conditions. Cold chain logistics helps in efficiently transporting these items while maintaining their freshness, texture, and taste, preventing spoilage due to exposure to high temperatures or humidity. Dairy products such as milk, cheese, yogurt, and butter require continuous refrigeration to prevent the growth of bacteria and spoilage. Cold chain logistics provides the necessary refrigerated transport and storage facilities to ensure these products reach consumers fresh and safe for consumption. Maintaining a consistently low temperature is crucial for the transport of fish, meat, and seafood to inhibit bacterial growth and maintain freshness. The cold chain plays an essential role in extending the reach of these perishable goods while ensuring quality and compliance with food safety regulations. Keeping fruits and vegetables chilled from the point of harvest to the end consumer preserves their nutritional value, texture, and flavor. Effective cold chain management also reduces post-harvest losses and helps in maintaining the quality of these perishable commodities. Many pharmaceutical products, including vaccines, biologics, and certain medications, require strict temperature control to remain effective. Cold chain logistics is indispensable in the healthcare industry, providing the specialized transportation and warehousing needed to ensure the integrity of these products. Processed food items often need to be kept at specific temperatures to prevent the proliferation of pathogens and ensure food safety. Through controlled temperature logistics, the cold chain ensures the safe transit and storage of processed foods from manufacturers to distributors to retailers.

Regional Insights

In the United States, and Canada the cold chain logistics market is advanced with significant investments in technology and infrastructure. The American consumer demands high-quality perishable goods, often valuing sustainability and traceability. Trends show a rise in the direct-to-consumer model in food distribution, demanding robust cold chain solutions. Recent patents in the U.S. cold chain sphere focus on improving energy efficiency and reducing environmental impact. Investments in automated systems, IoT, and blockchain for better cold chain monitoring are ongoing, with significant initiatives aiming at regulatory compliance and reduction of food waste. The European Union exemplifies high standards in cold chain logistics, with strict regulations on food safety and pharmaceutical handling. Consumers demonstrate a heightened awareness for quality and sustainably sourced products. The region is witnessing investments in consolidation and collaboration between logistics providers to optimize distribution networks. Technological advancements in the form of smart and IoT-enabled cold storage facilities are prominent, aiming to enhance transparency and reduce carbon footprints. Asia-pacific's cold chain market is one of the fastest-growing in the world, driven by the surge in online grocery shopping and greater health consciousness among consumers. The demand for imported, high-quality perishables is rising, prompting investments in both urban and rural cold chain infrastructure. Recent patents reflect innovations in mobile refrigeration units and cold chain packaging solutions tailored for e-commerce.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cold Chain Logistics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cold Chain Logistics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cold Chain Logistics Market, highlighting leading vendors and their innovative profiles. These include AmeriCold Logistics, LLC, AmerisourceBergen Corporation, Burris Logistics Company, C.H. Robinson Worldwide, Inc., Deutsche Post AG, FedEx Corporation, Green Rabbit, GXO Logistics, Inc., Interstate Cold Storage, Inc., J.B. Hunt Transport Services, Inc., John Swire & Sons (H.K.) Limited, Kerry Logistics Network Limited, Knight Transportation, Kuhne + Nagel Management AG, Lineage Logistics Holdings, LLC, Maersk A/S, Nichirei Corporation, OOCL Logistics Limited, Prime, Inc., Ryder System, Inc., S.F. Express Co., Ltd., SCG JWD Logistics Public Company Limited, Snowman Logistics Limited, Stevens Transport, Inc., The Siam Cement Public Company Limited, United Parcel Service, Inc., and United States Cold Storage, Inc..

Market Segmentation & Coverage

This research report categorizes the Cold Chain Logistics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Temperature
- Chilled
- Frozen

Service
- Blast Freezing
- Inventory Management
- Labelling
- Storage
- Transportation

Application
- Bakery & Confectionary
- Dairy Products
- Fish, Meat & Seafood
- Fruits & Vegetables
- Pharmaceuticals
- Processed Food

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cold Chain Logistics Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cold Chain Logistics Market?

3. What are the technology trends and regulatory frameworks in the Cold Chain Logistics Market?

4. What is the market share of the leading vendors in the Cold Chain Logistics Market?

5. Which modes and strategic moves are suitable for entering the Cold Chain Logistics Market?

Product Code: MRR-431388EE3B57

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing Demand for Transportation and Storage of Perishable Goods and Consumables
  - 5.1.1.2. Globalization of Food Trade Supported by Trade Liberalization
  - 5.1.1.3. Product Innovations in Refrigerated Systems and Equipment Space
- 5.1.2. Restraints
  - 5.1.2.1. Concerns Related to Greenhouse Gas Emissions
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging Use of RFID and Upgradation of Technologies in Cold Chain Logistic Applications
  - 5.1.3.2. Adoption of Automated Control Systems in a Cold Supply Chain
- 5.1.4. Challenges
  - 5.1.4.1. Lack of Standardization and High Initial Investment
5.2. Market Segmentation Analysis
- 5.2.1. Temperature: Specific temperature standards for cold chain logistics need to maintained to optimize the cold chain and mitigate risks of spoilage
- 5.2.2. Services: Advancement in the services helps in inventory management, realtime delivery and ensuring optimal product preservation during transit and storage
- 5.2.3. Application: Expandable use of management and transportation services for transporting the temperature-sensitive products, such as food, pharmaceuticals, and vaccines for real-time
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Cold Chain Logistics Market, by Temperature

6.1. Introduction
6.2. Chilled
6.3. Frozen

7. Cold Chain Logistics Market, by Service

7.1. Introduction
7.2. Blast Freezing
7.3. Inventory Management
7.4. Labelling
7.5. Storage
7.6. Transportation

8. Cold Chain Logistics Market, by Application

8.1. Introduction
8.2. Bakery & Confectionary
8.3. Dairy Products
8.4. Fish, Meat & Seafood
8.5. Fruits & Vegetables
8.6. Pharmaceuticals
8.7. Processed Food

9. Americas Cold Chain Logistics Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Cold Chain Logistics Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Cold Chain Logistics Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Jayud Global Logistics Limited Expands Operations, Adds Cold Storage and Dry Storage Capacity to Service Rising Demand
- 12.3.2. Emergent Cold Latin America Completes Acquisition of Cold Storage Operations of Frimosa Uruguay
- 12.3.3. Aramco and DHL Supply Chain Announce New End-to-End Procurement and Logistics Hub Joint Venture

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio