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The North America cold chain market reached a value of US$ 59.1 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Cold chain Logistics is a temperature-controlled supply chain, it involves a series of refrigerated storage, production and distribution activities, along with equipments that ensure that a desired temperature range is maintained. Cold chains preserve, extend and ensure the shelf life of various temperature sensitive products.
The market for cold chain services is currently exhibiting strong growth in North America. A key factor driving the demand of the cold chain market in North America has been a change in the dietary habits in the region. As a result of rising obesity levels and an increasing prevalence of lifestyle diseases, consumers are increasing their intake of proteins, vitamins, minerals, good fats, etc. and reducing their carbohydrate intake. This has catalyzed the demand of food products such as meat, fruits, vegetables and dairy products in the region. These products are temperature sensitive and require cold chains to be stored and transported from one place to another. Moreover, the United States represents the worlds largest market for temperature sensitive healthcare products such as biopharmaceuticals, vaccines and clinical trial materials. The potency of biopharmaceuticals and vaccines requires temperature-controlled packaging, storage and transportation. Any sudden temperature variation may result in the loss of chemical activity and make the drug harmful for the human body. Moreover, the rising number of clinical trials employing various temperature sensitive materials such as blood samples, tissue samples and certain drugs, have also catalyzed the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America cold chain market report, along with forecasts for growth at the regional and country level from 2021-2026. Our report has categorized the market based on service type, temperature and end user.
Breakup by Service Type
Refrigerated storage currently dominates the market, holding the largest share.
Breakup by Temperature
Chilled temperature holds the largest market share.
Breakup by End User
Meat and seafood currently dominate the market, holding the largest share.
breakup by Country
United States is currently the biggest market
The report has also examined the competitive landscape of the North America Cold Chain Market. Some of the major players include: Americold Logistics, Lineage Logistics, United States Cold Storage, Inc., VersaCold Logistics Services, AGRO Merchants Group and Interstate Warehousing, Inc.
|Base Year of the Analysis||2020|
|Segment Coverage||Service Type, Temperature, End User, Country|
|Countries Covered||United States, Canada|
|Companies Covered||Americold Logistics, Lineage Logistics, United States Cold Storage, Inc., VersaCold Logistics Services, AGRO Merchants Group and Interstate Warehousing, Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License $ 1999
Five User License $ 2999
Corporate License $ 3999
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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