DUBLIN–(BUSINESS WIRE)–The “North America Cold Chain Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The North America cold chain market reached a value of US$ 61.8 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 99.7 Billion by 2027, exhibiting a CAGR of 8.3% during 2021-2027.
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 Questions Answered in This Report:
- How has the North America cold chain market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the North America cold chain market?
- What is the breakup of the North America cold chain market based on the service type?
- What is the breakup of the North America cold chain market based on the temperature?
- What is the breakup of the North America cold chain market based on the end user?
- What is the breakup of the North America cold chain market by country?
- What are the key driving factors and challenges in the market?
- What is the structure of the North America cold chain industry and who are the key players?
- What is the degree of competition in the North America cold chain market?
Competitive Landscape:
Some of the major players include
- Americold Logistics
- Lineage Logistics
- United States Cold Storage Inc.
- VersaCold Logistics Services
- AGRO Merchants Group
- Interstate Warehousing Inc.
Key Market Segmentation:
Breakup by Service Type:
Refrigerated storage currently dominates the market, holding the largest share.
- Refrigerated Storage
- Refrigerated Transport
- Airways
- Roadways
- Seaways
-
Railways
Breakup by Temperature:
Chilled temperature holds the largest market share.
- Chilled
- Frozen
Breakup by End User:
Meat and seafood currently dominate the market, holding the largest share.
- Meat and Seafood
- Fruits and Vegetables
- Bakery and Confectionery
- Dairy and Frozen Products
- Pharmaceuticals
- Others
Breakup by Country:
United States is currently the biggest market.
- United States
- Canada
For more information about this report visit https://www.researchandmarkets.com/r/5xh2zr
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900