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 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.

Cold Chain Market was worth USD 266.9 billion in 2022, and expected to reach USD 508.8 billion in 2030 and growing at a robust CAGR of 8.4% during 2023-2030.

Global Cold Chain market size is expected to reach $776.01 billion by 2029 at 14.3%, segmented as by type, refrigerated warehousing, refrigerated transport

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).

Cold Chain Market size was valued at USD 237.58 Billion in 2023 and is poised to grow from USD 262.29 Billion in 2024 to USD 578.81 Billion by 2032, growing at a CAGR of 10.40% during the forecast period (2025-2032).

The global cold chain market for pharmaceuticals size is estimated to grow from USD 6.38 billion in 2024 to USD 9.6 billion by 2035, at a CAGR of 3.8% till 2035

The European cold chain logistics market was worth over ** billion U.S. dollars in 2019 and is expected to reach ***** billion U.S. dollars by 2025. 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.

Snapshot img

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?

Request Free Sample

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.

Get a glance at the market report of share of various segments Request Free Sample

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 insigh

The China cold chain logistics market, valued at $85.82 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 10.07% from 2025 to 2033. This surge is driven by several key factors. The rising demand for fresh produce, processed foods, pharmaceuticals, and other temperature-sensitive goods fuels the need for efficient and reliable cold chain solutions. E-commerce expansion, particularly in grocery delivery, significantly contributes to this growth, demanding sophisticated logistics networks to maintain product quality and prevent spoilage. Furthermore, increasing disposable incomes and a shift towards healthier lifestyles are boosting consumption of perishable goods, placing further pressure on the cold chain infrastructure to meet rising demand. Government initiatives promoting infrastructure development and technological advancements within the logistics sector also play a crucial role in market expansion. Key segments driving growth include refrigerated transportation, value-added services (such as packaging and labeling), and the handling of horticulture products (fresh fruits and vegetables), dairy, and meat. Despite the positive outlook, the market faces challenges. High infrastructure costs, particularly in maintaining and expanding cold storage facilities, represent a significant restraint. Technological integration, although beneficial, requires substantial investments and expertise. Competition is fierce, with both domestic and international players vying for market share. Ensuring consistent quality control across the entire cold chain, from farm to consumer, also remains a crucial factor affecting market growth. Companies like Sinotrans Ltd, SF Express, and others are strategically investing in technological upgrades, expanding their networks, and offering value-added services to maintain a competitive edge. The successful players will be those adept at navigating these challenges, effectively managing costs, and leveraging technological innovation to provide efficient and reliable services. Notable trends are: Changes in Consumer Habits Fueling the Demand for Cold Chain Facilities.

The cold chain market size was valued at USD 379.39 billion in 2024 and USD 2,232.40 billion by 2034 at a 19.4% CAGR.

Cold Chain Logistics Market is projected to reach USD 1,262.5 billion by 2032, growing at a CAGR of 16.39% from 2024-2032.

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).

This statistic shows the size of the North American cold chain logistics market in 2018 and 2019 with projections until 2024. It is expected that the cold chain logistics market in North America will reach ***** billion U.S. dollars by 2024.

The China cold chain market is expected to grow at a CAGR of about 12.90% in the forecast period of 2025-2034, driven by the rising demand for frozen food products and the higher availability of enhanced packaging material.

Due to supply chain disruptions caused by the coronavirus pandemic, the cold chain logistics market in Asia-Pacific shrank in size from 68.32 billion U.S. dollars in 2019 to 61.75 billion U.S. dollars in 2020. By 2027, this market is expected to reach just under 134 billion U.S. dollars.

Source: TraceData Research Analysis Future Outlook and Projections for Nigeria Cold Chain Market on the Basis of Revenues in USD Million, 2024-2029 The Nigeria cold chain market is projected to experience significant growth by 2029, driven by rising demand for temperature-controlled logistics in food and pharmaceuticals. The market is expected to exhibit a strong CAGR during the forecast period, fueled by the need for food security, healthcare expansion, and infrastructure development.

The United States cold chain market is projected to grow at a CAGR of 5.90% during the forecast period of 2025-2034. The growing demand for frozen foods and the expansion of cold storage facilities are aiding the market.

Market Size for Malaysia Cold Chain Industry on the Basis of Revenues in USD Million, 2018-2023 In 2023, Tiong Nam Logistics expanded its cold storage capacity to meet thedemand for cold chain servicesgenerated by customers from pharmaceutical and food industries. This addition will ensure seamless experiences in providing cold-chain services throughout Malaysia, which will further facilitate operational efficiency. Key markets like Kuala Lumpur and Johor Bahru are quite critical because of their large populations and great logistics infrastructure. The Malaysia cold chain market reached a value of MYR 2.5 Billion in 2023, while the growth is accelerating, the increasing demand for temperature-controlled logistics, growth in the food and pharmaceutical sector, and increasing expectations among consumers for fresh and safe products. Major players in the market include Tiong Nam Logistics, Tasco Berhad, GDEX, and Cold Chain Network. These firms are characterized by extensive logistics networks, a wide variety of service portfolios, and solutions that are need-based.

By End-User Industry:The cold chain market finds its application in industries such as food and beverages, pharmaceuticals, and healthcare. Food and beverages is the largest segment due to the demand for fresh produce, frozen foods, and dairy products that require consistent temperature control. Pharmaceuticals and healthcare is the second largest due to the need for precise temperature management for vaccines, biologics, and other sensitive products. By Market Structure:Public cold storage facilities lead the forefront, being highly contributory to industries like food and beverages, pharmaceuticals, and retail. The segment is also driven by continuous upgrading and expansion of cold storage infrastructure. Cold Storage accounts for 60% of the market, driven by the demand for refrigerated warehouses and storage facilities. Cold transport represents 40% of the market, propelled by the need for efficientlogistics solutionsfor perishable goods. Malaysia Cold Chain Market Segmentation