The global cold chain logistics market was worth some ***** billion U.S. dollars in 2024 and is expected to exceed *** billion U.S. dollars by 2033. Cold chain logistics involves the transportation of temperature-controlled products along a supply chain using refrigerated packaging solutions to preserve the quality of products such as fresh agricultural goods, seafood, frozen food or pharmaceutical products.

The US Cold Chain Logistics Market Report Segments the Industry Into by Services (Refrigerated Storage, Refrigerated Transportation Value-Added Services), by Temperature Type (Chilled (0–5 °C), and More), Ambient and Deep-Frozen / Ultra-Low (more Than 20 °C)), and by Application (Fruits and Vegetables, Dairy Products (Milk, Butter, Cheese, and More), Fish, Meat, and More). The Market Forecasts are Provided in Terms of Value (USD).

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Cold Chain Market Size 2025-2029

The cold chain market size is forecast to increase by USD 622.8 billion at a CAGR of 20.8% between 2024 and 2029.

The market is experiencing significant growth due to several key trends and factors. One such trend is the increasing adoption of Radio Frequency Identification (RFID) technology in cold chain logistics to enhance supply chain visibility and efficiency. Another trend is the rising number of mergers and acquisitions (M&A) activities among market players to expand their footprint and strengthen their market position.
However, the lack of proper logistics and transportation infrastructure in developing countries poses a major challenge to the market growth. This report provides an in-depth analysis of these trends and growth factors, offering valuable insights into the current state and future direction of the market.

What will be the Cold Chain Market Size During the Forecast Period?

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The market plays a crucial role in ensuring the quality and safety of convenience food products, particularly those with a short shelf life, such as ready-to-eat food items and protein-rich foods. Retail chains have a significant impact on this market, as they require reliable and efficient cold chain infrastructure to maintain the freshness and quality of perishable items. Trade liberalization has led to an increase in cross-border commerce, expanding the market for cold chain solutions beyond domestic boundaries. The rise of online groceries and the digital food industry has further fueled the demand for refrigerated transportation and cold storage logistics.
Similarly, spoilage and contamination are major concerns in the market, and energy-efficient technologies, such as refrigerated vehicles and advanced warehouse management systems, are being adopted to minimize these risks. Rising fuel costs have also led to the development of energy-efficient technologies, including IoT-enabled monitoring systems and cloud computing solutions. The refrigerated storage market is expected to grow significantly due to the increasing popularity of quick-frozen foods, bakery products, and carbohydrate-rich diets. Inventory management and warehouse optimization are essential aspects of cold chain logistics, and the use of advanced technologies, such as RFID tags and automated storage and retrieval systems, is becoming increasingly common.

In conclusion, the cold chain infrastructure is essential for maintaining the quality and safety of a wide range of perishable items, from food products to pharmaceuticals. The market for cold chain solutions is dynamic and constantly evolving, driven by factors such as changing consumer preferences, technological advancements, and regulatory requirements.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Refrigerated warehouse
  Refrigerated transportation


Application

  Meat fish and seafood
  Fruits vegetables and beverages
  Dairy and frozen desserts
  Bakery and confectionery
  Healthcare


Geography

  North America

    Canada
    US


  APAC

    China
    India
    Japan


  Europe

    Germany
    UK
    France
    Italy


  South America

    Brazil


  Middle East and Africa

By Type Insights

The refrigerated warehouse segment is estimated to witness significant growth during the forecast period.

The market encompasses insulated containers, storage equipment, deep freezers, refrigerators, vaccine carriers, off-grid storage systems, and RFID technology for the preservation of perishable items, including frozen foods, pharmaceuticals, and crops. With the rise of the foodservice sector, online groceries, and the digital food industry, the demand for efficient cold chain infrastructure has significantly increased. Refrigerated warehouses, such as blast chillers and freezers, play a crucial role in maintaining the quality and freshness of temperature-sensitive products, from quick-frozen foods to bakery products. As international trade expands, the need for reliable cold chain solutions becomes increasingly important for businesses to ensure product integrity and minimize spoilage.

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The refrigerated warehouse segment was valued at USD 119.50 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 40% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on th

Cold Chain Market surging USD 379.39 billion in 2024 to USD 2,232.40 billion by 2034 at 19.4% CAGR. See how global trade expansion & real-time tracking technologies revolutionize perishable goods management.

The Food Cold Chain Market Report Segments the Industry Into Type (Cold-Chain Storage, and More), Temperature Range (Chilled (0–4 °C), and More), Transport Mode (Road – Reefer Trucks and Trailers, Sea – Reefer Containers, and More), Application (Fruits and Vegetables, Meat and Seafood, and More), Technology (RFID and Real-Time Monitoring, and More) and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The global cold chain market size was worth over USD 308.26 billion in 2025 and is poised to witness a CAGR of more than 10.2%, crossing USD 814.2 billion revenue by 2035, fueled by temperature regulation becoming more important to avoid food loss and other health risks.

The global food cold chain market size is projected to grow from USD 408.80 billion in 2025 to USD 802.09 billion by 2033, exhibiting a CAGR of 8.79%.
Report Scope:

The Cold Chain Market size is expected to reach a valuation of USD 1,336.73 billion in 2033 growing at a CAGR of 19.20%. The research report classifies market by share, trend, demand and based on segmentation by Technology, Type Operation, Temperature Type, Application and Regional Outlook.

Global cold chain market for pharmaceuticals is likely to grow from USD 6.4 bn in 2024 to USD 6.6 bn in 2025 and USD 9.6 bn by 2035, representing a CAGR of 3.8%

Cold Chain Logistics Market size was valued at USD 271.10 billion in 2023 and is projected to reach USD 343.5 billion by 2030, growing at a CAGR of 18.9% during the forecast period 2024-2030.

Global Cold Chain Logistics Market Drivers

The market drivers for the Cold Chain Logistics Market can be influenced by various factors. These may include:

Growing Need for Perishable Goods: As the world's population rises and consumer tastes shift, there is an increasing need for perishable goods including dairy, seafood, fresh fruits and vegetables, and medications. The preservation and transportation of these goods in ideal condition is ensured by cold chain logistics, which propels market expansion.

Growth of the Organized Retail Sector: As supermarkets, hypermarkets, and organized retail chains proliferate, there is an increasing demand for effective cold chain logistics to preserve the freshness and quality of perishable commodities along the whole supply chain. The need for cold chain logistics services is increased because these retail formats frequently require their products to be kept in strictly temperature-controlled conditions.

Strict restrictions: For the storage and shipping of perishable items, particularly food and medicine, governments and regulatory bodies from different nations are putting in place strict restrictions and quality standards. Modern cold chain logistics infrastructure and technology are needed to comply with these standards, which is fueling market expansion.

Growing International Trade of Pharmaceuticals and Frozen Food: As a result of trade globalization, there is a rise in the movement of pharmaceuticals, frozen food, and other temperature-sensitive goods across international borders. In order to move these commodities across borders smoothly and safely while sustaining their quality, cold chain logistics is essential, which drives market expansion.

The global cold chain market was valued at USD 368.05 Billion in 2024. The market is expected to grow at a CAGR of 12.20% during the forecast period of 2025-2034 to attain a value of USD 1163.68 Billion by 2034. Increasing global consumption of perishable food items across the world is the major factor driving market expansion.

Key Market Trends and Insights:

• The Europe cold chain market dominated the market in 2024 and is expected to exhibit a CAGR of 12.7% over the forecast period.
• By country, India is expected to lead the market with a projected CAGR of 14.3% over the forecast period.
• By type, the monitoring equipment category is projected to grow at a CAGR of 14.2% CAGR during the forecast period.
• Pharmaceutical applications dominated the market in 2024 and are anticipated to register a CAGR of 14.1% over the forecast period.

Market Size and Forecast:

• Market Size in 2024: USD 368.05 Billion
• Projected Market Size in 2034: USD 1163.68 Billion
• CAGR from 2025 to 2034: 12.20%
• Dominant Regional Market: Europe

The ongoing surge in urbanization, along with the rapidly evolving dietary trends among customers, is contributing to the growing consumption of vegetables, fruits, dairy, meat, and seafood. Additionally, consumer acceptance for ecommerce has pushed businesses that offer food products with shorter shelf life to seek the best option. According to the United Nations, around 13.2% of food produced is lost between the harvest processes and retail. Lack of adequate refrigeration highly contributes to this loss, thereby boosting the demand in the global cold chain market.

Manufacturers are investing in high quality, unbroken cold chain logistics solutions to preserve the quality of frozen food items. Governments are also pushing the urgent need for development of state-of-the-art facilities equipped with the highest standards of temperature compliance, and storage systems integrated with modern technology.

Additionally, the increasing global investments in institutional cold chain infrastructures to meet the rising food security needs in the emerging markets of regions like India, China, and key economies is supporting the market growth. For instance, in June 2025, the acquisition of Royale Cold Storage by I Squared Capital demonstrates how infrastructure investors are focused on expanding cold storage networks in developing economies to fulfil the growing demand from sectors like quick service restaurants (QSRs), agriculture, and food retail.

The China cold chain logistics market is booming, projected to reach $184.8 billion by 2033, driven by e-commerce growth and rising consumer demand. Learn about market trends, key players, and growth opportunities in this dynamic sector. Key drivers for this market are: 4., Increasing International Trade Driving the Market4.; Increasing online users driving the market. Potential restraints include: 4., Regulatory Compliance Affecting the Market4.; High Competition in the Market. Notable trends are: Changes in Consumer Habits Fueling the Demand for Cold Chain Facilities.

The Latin America Cold Chain Logistics Market report segments the industry into By Service (Cold Storage/Refrigerated Warehousing, Refrigerated Transportation, and more.), By Temperature (Chilled, Frozen, Ambient), By End User (Fruits and Vegetables, Dairy Products, Fish, Meat, and Seafood, Processed Food, and more.), and By Country (Mexico, Brazil, and more.).

The size of the cold chain logistics market in China exceeded *********** yuan in 2024, showing a *** percent increase from the previous year. A cold chain logistics is a temperature-controlled supply chain service, which involves the storage and transportation of temperature-sensitive goods, such as fresh food.

Explore the Indonesia Cold Chain Market projected to grow at a CAGR of 10.8% from 2024-32. Key drivers include demand for frozen food, e-commerce expansion, and improved infrastructure.

Due to supply chain disruptions caused by the coronavirus pandemic, the cold chain logistics market in Asia-Pacific shrank in size from ***** billion U.S. dollars in 2019 to ***** billion U.S. dollars in 2020. By 2027, this market is expected to reach just under *** billion U.S. dollars.

The ASEAN cold chain logistics market is booming, projected to reach [estimated 2033 market size in billions] by 2033, driven by e-commerce growth and rising demand for fresh produce & pharmaceuticals. Learn about market trends, key players, and regional insights in this comprehensive analysis. Recent developments include: November 2023: The YCH Group disclosed strategic alliances with Shanghai Shine-link International Logistics and New Land-Sea Corridor Operation Co., Ltd, providing advantages for Chinese companies seeking expansion into the ASEAN market., September 2023: Expanding beyond its existing terminal business, DP World aimed to enhance its logistical and supply chain expertise in Southeast Asia.. Key drivers for this market are: 4., Increasing demand for cold chain logistics4.; Expansion of international trade in the region. Potential restraints include: 4., Lack of proper infrastructure and facilities4.; High cost associated to cold chain logistics. Notable trends are: Hallal Food is offering traction to the market.

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China Cold Chain Market Size 2024-2028

The China cold chain market size is forecast to increase by USD 151.5 billion at a CAGR of 27.18% between 2023 and 2028.

Market growth is driven by factors such as the rising demand for frozen and perishable goods in China, growing initiatives to advance cold chains in China, and an increasing number of trade corridors. This development significantly influences market trends, particularly within the temperature-controlled logistics sector. With the surging need for pharmaceuticals, food, and healthcare products, there is an urgent requirement for proficient storage, transportation, and refrigeration solutions, such as temperature-controlled pharmaceutical packaging. 
As the demand for these items escalates, the supply chain must adapt to ensure timely and efficient delivery, underscoring the importance of logistics and supply chain management in meeting user expectations. The Chinese market is witnessing significant growth with advances in refrigerated warehousing and automation in cold chain logistics. Cold chain operations are increasingly vital for pharmaceuticals, vaccines, and fresh food distribution. Innovations in last-mile delivery and temperature-controlled packaging are improving efficiency. Additionally, sustainability in cold chain operations is becoming a priority, driving improvements across the sector to meet rising e-commerce demand and ensure product integrity.

What will be the size of the China Cold Chain Market during the forecast period?

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The market is a significant sector, focusing on the transportation and storage of fresh produce and temperature-sensitive goods. The Chinese Government enforces stringent regulations to ensure food safety standards are met. RFID technology, data analytics, and AI are integral to optimizing cold chain logistics. The packaging segment plays a crucial role, with reefer containers and temperature-controlled storage systems, including refrigerated warehouses, walk-in coolers, freezers, and refrigerated containers, being essential. Temperature sensors, data loggers, and real-time tracking systems are crucial software solutions for monitoring and maintaining the required temperatures In the chilled and deep frozen segments. E-commerce and online grocery platforms have fuelled the demand for frozen bakery items, frozen meat products, and fruits & vegetables.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Refrigerated warehouse
  Refrigerated transportation


Application

  Meat fish and seafood sector
  Dairy and frozen desserts sector
  Fruits and vegetables sector
  Healthcare sector
  Bakery and confectionery sector


Product Type

  Chilled
  Frozen


Geography

  China

By Type Insights

The refrigerated warehouse segment is estimated to witness significant growth during the forecast period. The market witnesses significant growth due to the increasing demand for eggs, aquatic products, and fresh agricultural products from the expanding middle and upper-middle class population. With rising disposable income and changing consumption patterns, Chinese residents are prioritizing the consumption of fresh food, including medicine and perishable goods. The solutions have become essential to ensure food safety and maintain the quality of these products. E-commerce players, such as JD, and logistics giants, including United Parcel Service, are investing heavily in cold chain infrastructure to meet the needs of the seafood, quick-frozen food, Fruit & vegetable market, and seafood market.
The Chinese government is also investing in the market to improve food safety and support the biotech industry's growth. Biotech firms specializing in genomics and rare genetic diseases require temperature-controlled facilities to store medical information and samples. The solutions are crucial for the preservation and transportation of these valuable resources. The market is expected to continue its growth trajectory as the country's economy develops and consumer habits evolve. Western rivals are also entering the market, increasing competition and driving innovation in these solutions.

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The refrigerated warehouse segment was valued at USD 18.20 billion in 2018 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the ris

Food cold chain market focuses on type (refrigerated storage and refrigerated transportation), temperature type (chilled and frozen), and application. As per BIS Research, food cold chain market analysis to grow at a significant cagr of 13% from 2019 to 2024.

Future Outlook and Projections for Philippines Cold Chain Market on the Basis of Revenues in USD Million, 2024-2029 The Philippines cold chain market is projected to grow steadily by 2029, exhibiting a respectable CAGR during the forecast period. This growth is expected to be fueled by economic factors, increasing urbanization, and rising consumer confidence in cold chain solutions. What Lies Ahead for Philippines Cold Chain Market?