What Has Been the Progress and Growth of the Frozen Food Logistics Market in Recent Years?
The frozen food logistics market has seen considerable growth due to a variety of factors.
• In the past few years, the frozen food logistics market has witnessed swift expansion. The sector, valued at $30.60 billion in 2024, is projected to climb to $35.14 billion in 2025, with a compound annual growth rate (CAGR) of 14.8%.
The historic pace of growth is due to several factors, including higher demand for frozen food, an increase in disposable income, the growth of retail and food service sectors, escalating urbanization, and amplified investment in ultra-low temperature storage.
What Can Be Expected from the Frozen Food Logistics Market Size?
The frozen food logistics market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for a swift expansion in the frozen food logistics market within the next few years, with predictions estimating it will surge to $60.46 billion in 2029, boasting a compound annual growth rate (CAGR) of 14.5%.
Factors contributing to this growth during the forecast period include the surge in consumer choices for convenience foods, an extended reach in e-commerce grocery platforms, heightened demand for ecologically sound cold chain solutions, an increase in plant-based frozen products, and a boost in packaged food requirements. The forecast period will also see critical improvements such as advances in cold chain technologies, betterment of temperature monitoring, the adoption of predictive analytics for accurate demand anticipation, development of multi-temperature warehouses, and the integration of drone technology for efficient cold storage surveillance.
What Are the Critical Driver Fuelling The Frozen Food Logistics Market's Growth?
The growth of the frozen food logistics market is anticipated to be fueled by the rising consumer preference for convenience foods. Such foods are pre-prepared or pre-packaged food products designed for immediate consumption, necessitating minimal preparation, cooking, or effort. The surge in demand for these handy foods can be ascribed to increasingly hectic lifestyles, escalating urbanization, and the requirement for quick, effortless meal alternatives that do not compromise the taste or nutritional value. Frozen food logistics plays a critical role in the efficient transportation and storage of convenience foods, preserving their quality, safety, and shelf life through an undisturbed cold chain. For example, the National Association of Convenience Stores, a trade association from the United States, stated in April 2024 that foodservice sales, which include prepared foods, commissary items, and dispensed drinks, made up 26.9% of in-store sales in 2023, a rise from 25.6% in 2022. Furthermore, sales of prepared foods per store each month experienced a 12.2% increase in 2023 compared to the previous year. Hence, the escalating consumer demand for convenience foods is contributing to the expansion of the frozen food logistics market.
How Is The Frozen Food Logistics Market segmented?
The frozen food logistics market covered in this report is segmented –
1) By Product Type: Frozen Vegetables, Frozen Meat, Frozen Seafood, Frozen Ready Meals, Frozen Desserts
2) By Temperature Control: Chilled, Deep Frozen, Frozen
3) By Transportation Mode: Road, Rail, Air, Sea
4) By Packaging: Bags, Boxes, Cans, Jars
Subsegments:
1) By Frozen Vegetables: Frozen Peas, Frozen Corn, Frozen Broccoli, Frozen Carrots, Mixed Vegetables
2) By Frozen Meat: Frozen Chicken, Frozen Beef, Frozen Pork, Frozen Lamb, Processed And Packaged Meat
3) By Frozen Seafood: Frozen Fish Fillets, Frozen Shrimp, Frozen Crab, Frozen Lobster, Frozen Squid
4) By Frozen Ready Meals: Frozen Pizzas, Frozen Pasta Meals, Frozen Asian Meals, Frozen Burgers And Nuggets, Frozen Soups And Stews
5) By Frozen Desserts: Ice Cream & Gelato, Frozen Yogurt, Frozen Cakes And Pastries, Frozen Pies, Frozen Fruit Bars
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What New Trends Are Influencing The Frozen Food Logistics Market?
Major companies operating in the frozen food logistics market are focusing on technological advancements such as developing automated frozen storage facility, to enhance efficiency, reduce operational costs, and maintain optimal temperature control for preserving product quality. Automated frozen storage facilities leverage robotics and technology to streamline storage and retrieval of frozen products while maintaining consistent temperature control. For instance, in September 2024, Indicold Private Limited, an India-based cold storage company, has launched the nation's first rack-clad automated storage and retrieval system (ASRS) frozen facility in Ahmedabad, boosting cold chain capabilities. With a capacity of over 7,000 pallets, this facility addresses the rising demand for frozen foods. This initiative underscores Indicold's dedication to advancing the cold chain industry through automation and sustainability, solidifying India's position in frozen food logistics.
Who Are the Key Players In The Frozen Food Logistics Market?
Major companies operating in the frozen food logistics market are:
• Nippon Express
• CJ Logistics Corporation
• Dachser Group SE & Co. KG
• Kintetsu World Express Inc.
• Lineage Logistics Holdings LLC
• Hellmann Worldwide Logistics SE & Co. KG
• STEF
• Matson Inc.
• United States Cold Storage Inc
• VersaCold Logistics Services Inc.
• Burris Logistics Inc.
• NewCold Advanced Cold Logistics
• Americold Logistics LLC
• C.H. Robinson Worldwide Inc.
• Seafrigo Group
• Congebec Logistics Inc.
• RLS Logistics
• Swire Cold Storage
• Interstate Cold Storage Inc.
• Conestoga Cold Storage
• Magnavale
• Kloosterboer Group B.V.
• Confederation Freezers - Brampton
• Interstate Warehousing Inc.
• Nichirei Logistics Group Inc.
What Is The Most Dominant Region In The Frozen Food Logistics Market?
North America was the largest region in the frozen food logistics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the frozen food logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
