Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company In response to fluctuating tariffs and geopolitical trade developments, the Cold Chain Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
The cold chain market has experienced a swift expansion in the recent past. The size of the market heightening from $405.02 billion in 2024 to an estimated $452.84 billion in 2025, with a compound annual growth rate (CAGR) of 11.8%.
In 2029, the cold chain market is expected to reach $769.54 billion, growing at a compound annual growth rate (CAGR) of 14.2%.
Download the Free Sample Now:The key drivers in the cold chain market are:
• Growth in global population and urbanization fueling demand
• Rapid expansion of e-commerce industry
• Increased consumption of packaged food and food security initiatives
• Rising demand from end-use industries
The cold chain market covered in this report is segmented –
1) By Type: Refrigerated Warehousing, Refrigerated Transport
2) By Temperature Type: Frozen, Chilled
3) By Industry Vertical: Pharmaceuticals And Healthcare, Food And Beverages, Chemicals, Other Industry Verticals
The key trends in the cold chain market are:
• Trend towards sustainability initiatives is increasingly shaping the cold chain market.
• Strong emphasis on the quality and sensitivity of product is emerging as a significant trend.
• Adoption and incorporation of Internet of Things (IoT) in operations is a key emerging trend.
• Outsourcing processes to third-party logistics and focus on smart warehousing are upcoming trends.
Major players in the cold chain market are:
• Americold Logistics
• Burris Logistics
• Nichirei Corporation
• United States Cold Storage
• Lineage Logistics Holdings
• VersaCold Logistics Services
• Tippmann Group
• Congebec Inc
• Snowman Logistics Ltd
• Conestoga Cold Storage
• Cold Box India LLP
• Rinac India Limited
• Singhania Logistics & Distribution Pvt. Ltd
• Sinotrans Shanghai Cold Chain Company
• Kerry Logistics Network Limited
• Global Cold Chain Solutions
• Valley Food Storage
• ACS&T Logistics
• VIMA Foods
• Logifrio
• Cabezuelo Foods
• Ebro Foods
• CRS IE
• Maersk
• Ruzave
• FREJA Transport & Logistics
• Priority Freight
• Dropex
• Internel Sp. z o.o
• NATANEX
• PUH Jamax
• Fructus Transport
• Artrans Transport
• DH Warehousing & Fulfillment Ltd
• Belleair Storage
• Sysco EastTexas LLC
• Freedom Warehousing and Solutions
• Sam Dune Enterprises
• Des Moine Cold Storage Co
• Paige Logistics Ltd
• N&N Logistics Inc
• XPO Logistics
• Legacy Logistics
• Localfrio S/A
• Brado Logistica S/A
• ComFrio
• Friozem Armazens Frigorificos Ltda
• Martini Meat S/A
• Agility
• Al Futtaim
• RSA Cold Chain
• Sharjah cold stores
• Tameem logistics
• APG Logistics
• GEFCO South Africa
• Value Logistics
• Transnova
• KAP Industrial Holdings Limited
• Tsiko Africa Group
• Bakers SA Limited
North America was the largest region in the cold chain market in 2024