Global Food Refrigerated Warehousing Market Overview:
A warehouse is used to store goods in general. A refrigerated warehouse is used to store things that must be kept at specific temperatures to stay fresh. Storage in the refrigerator helps prevent rotting, insect damage, and sprouting. There are three categories of goods: living foods (such as fruits and vegetables), dead foods that have undergone some type of processing (such as meat and fish products), and goods that benefit from controlled temperature storage (e.g. beer, tobacco). Growing demand for perishable foods, building strong retail channels and for consistency in taste & food safety are some of the factors that are contributing to the growth of the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Consumer Demand for Perishable Foods is growing
- Building Strong Retail Channels
- Consistency in Taste & Food Safety
Roadblocks
- High Infrastructure Costs and Energy Consumption
Opportunities
- Governmental Programs to Reduce Post-Harvest & Processed Food Waste
- Need for Refrigerated Warehouse Expansion in Asian Countries
Challenges
- Lack of skilled resources and infrastructure support
Competitive Landscape:
Global food refrigerated warehousing is a fragmented market due to the presence of various players. The players are focusing on investing more in R&D. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions to help them sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Lineage Logistics (United States), Americold Logistics (United States), United States Cold Storage (United States), NewCold (United Kingdom), Nichirei (Japan), VersaCold (Canada), Interstate Warehousing, Inc. (United States), Frialsa (Mexico), Burris Logistics (United States) and Conestoga Cold Storage (Canada). Considering Market by Temperature, the sub-segment i.e. Frozen will boost the Food Refrigerated Warehousing market. Considering Market by Technology, the sub-segment i.e. Blast Freezing will boost the Food Refrigerated Warehousing market.
Latest Market Insights:
In October 2021, Kloosterboer Group (Netherlands), a family-owned cold storage business with a significant global presence, had been fully acquired by Lineage Logistics LLC. With a focus on sustainability and innovation within the temperature-controlled supply chain, the companies team up to develop an upgraded facility network in important European markets. The acquisition improves Lineage's value-added service offerings and strengthens its capacity to serve clients across the globe, particularly those in France and Germany.
In April 2022, For the benefit of JBS USA ("JBS"), a major international food corporation, Lineage Logistics, LLC announced the development of a cutting-edge automated cold-storage facility in Windsor, Colorado, in the United States. and JBS will benefit from improved blast freezing and storage capacity as well as rail access thanks to a more than 200,000 square foot automated facility that Lineage designed. This facility will also facilitate the shipment of export goods to ports on the West Coast. The facility will become a part of Lineage's expanding global network of completely automated facilities.
What Can be Explored with the Food Refrigerated Warehousing Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Food Refrigerated Warehousing Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Food Refrigerated Warehousing
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Food Refrigerated Warehousing market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Food Refrigerated Warehousing market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cold Warehouse Providers, Supermarket/Wholesalers, Retailers, Farmers, Merchants, End User and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.