Global Cold Chain Logistics Market Expected to Reach USD 932.7 Billion by 2033 – IMARC Group

Global Cold Chain Logistics Market Statistics, Outlook, and Regional Analysis 2025-2033

The global cold chain logistics market size was valued at USD 292.1 Billion in 2024, and it is expected to reach USD 932.7 Billion by 2033, exhibiting a growth rate (CAGR) of 12.31% from 2025 to 2033.

There is currently a substantial increase in the consumption of meat, seafood, dairy products, and fruits, and vegetables among the masses. These food items are susceptible to perishability factors, including temperature and time. Moreover, busy lifestyles of people and a consequent rise in the reliance on frozen and ready to eat (RTE) meals are increasing the necessity of having cold storage and transportation facilities for maintaining the quality of items during distribution. In addition, the boom in popularity of online grocery platforms and delivery of meals is also influencing the requirement for efficient last mile distribution of cold chain for all fresh and frozen products. As per the IMARC Group’s report, the global perishable goods transport market is anticipated to reach US$ 31.2 Billion by 2032.

As per the data published on the website of the IMARC Group, the global pharmaceutical logistics market size reached USD 91.4 Billion in 2024. Vaccines, monoclonal antibodies, and gene therapies require temperature-controlled transportation solutions to get transported around the world. The sudden increase in the demand of biologics is encouraging manufacturers to develop advanced cold chain logistics. To prevent the spread of infectious illnesses, there is a rise in the demand for vaccines which need ultra-low temperature to sustain. As a result, governing authorities of numerous countries are providing capital for building temperature-controlled storage and transportation units. Apart from this, a large pool of people is suffering from diseases like diabetes and cancer, which can only be treated by insulin and chemotherapy agents that are heavily dependent on cold chain systems.

Global Cold Chain Logistics Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounts for the largest market share because of its advanced infrastructure, stringent regulatory standards, and rising demand for biopharmaceuticals and frozen food products.

North America Cold Chain Logistics Market Trends:

There are several reasons why North America is dominating the market, out of which, strong regularity frameworks and elevated demand for perishable goods are most important. Cold chain logistics is highly required in countries like Canada and the United States because of its expanding population and suitable environment for cross-border trade. This region is experiencing a trend of meal-kit deliveries and online groceries, which is only possible with last mile cold chain solutions. Hence, governing agencies in the region are spending a heavy amount on refrigerated storage capacity and transportation network. The IMARC Group’s report shows that the North America cold chain logistics market is exhibited to reach US$ 127.6 Billion by 2032.

Europe Cold Chain Logistics Market Trends:

Stringent food safety regulations, along with a high consumption of frozen and processed food products, are stimulating the market growth in Europe. Germany, France, and the United Kingdom are ready to invest in the development of cold chain storage infrastructure. Cross-border trade is increasing in this region, leading to the requirement of the temperature-controlled transportation.

Asia-Pacific Cold Chain Logistics Market Trends:

The market for the clod chain logistics is expanding gradually because of the increasing population, and the growing demand for frozen and processed food products. With China, India, and Japan witnessing heightened investments in the temperature-controlled storage and transportation systems. The demand for cold storage solutions is also influenced by the increasing preference for exotic food products exported from other regions, requiring refrigerated transit for maintaining their shelf life over long period of time. Governing agencies in the region are also supporting infrastructure development and the integration of cold chain logistics in the food processing industry, which is impelling the growth of the market.

Latin America Cold Chain Logistics Market Trends:

Because of the growing demand for perishable goods like fresh fruits, vegetables, and seafood, the market of cold chain logistics is expanding across Latin America. Brazil and Mexico are dominating the regional market owing to their expanding pharmaceutical sector and rising agricultural outputs. Market expansion is also aided by the increasing investments in the cold storage infrastructure.

Middle East and Africa Cold Chain Logistics Market Trends:

The Middle East and African region is experiencing the trend of imports in the pharmaceutical and food and beverage (F&B) sectors, which is highly responsible for the expansion of cold chain logistics market. There is also a high requirement for temperature control logistics as the region is focusing on developing vaccine manufacturing and distribution facilities.

Top Companies Leading in the Cold Chain Logistics Industry

Some of the leading cold chain logistics market companies include Americold Realty Trust Inc., Burris Logistics Co., Cold Box Express Inc., Conestoga Cold Storage, Congebec Inc., Lineage Logistics Holdings LLC (Bay Grove Capital Group LLC), Nichirei Logistics Group Inc. (Nichirei Corporation), Snowman Logistics Ltd., Tippmann Group, United States Cold Storage Inc. (John Swire & Sons Ltd.), VersaCold Logistics Services, among many others. In December 2023, Americold Realty Trust Inc., partnered with RSA Cold Chain and DP World, to build a US$35 million cold storage facility in Dubai’s Jebel Ali Free Zone, enhancing regional logistics for perishable goods by 2025.

Global Cold Chain Logistics Market Segmentation Coverage

• On the basis of the type, the market has been categorized into refrigerated warehouses, and refrigerated transportation (railways, airways, roadways, and waterways), wherein refrigerated warehouses represent the leading segment. Before distribution it is very important to store the perishable items efficiently, and so these warehouses are highly preferred. They facilitate the storage of various products requiring different temperature solutions. Frozen and processed food products have a high demand, which, in turn, is resulting in significant investments in infrastructure of refrigerated warehouses.
• Based on the application, the market has been classified into fruits and vegetables, bakery and confectionary, dairy and frozen desserts, meat, fish, and sea food, drugs and pharmaceuticals, and others, amongst which dairy and frozen desserts dominate the market. To maintain quality and safety of dairy and frozen desserts, temperature-controlled storage and the facility of transportation is required. Because they are perishable, key players are also developing enhanced refrigeration and transportation facilities. For these deserts, adopting reliable cold chain logistics is must due to strict food safety regulations worldwide.

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