The global cold chain frozen foods market is expected to grow at a significant CAGR during the forecast period (2021-2027). Frozen meats such as cattle, poultry, and pork are transported using a cold chain. Cold storage facilities are frequently used to transport frozen bakery products such as cakes and breads. Milk and dairy products, likewise, have been linked to food borne illnesses and are thus strictly regulated. The usage of cold chains in the food and beverage industry can prevent food quality deterioration.
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A major factor driving the market growth is the development of retail channels and chains in the form of supermarkets, hypermarkets, and convenience stores. Furthermore, retail chains have progressed to the point that several companies now have their own chilled storing facilities. Large food retail chains such as Walmart, Tesco, Spar, and 7-Eleven are growing their stores in established countries such as the UK, Germany, and the US, and in emerging markets such as China, Brazil, and Argentina. For instance, Walmart is the world’s largest retailer, with over 11,000 stores in 27 countries. It has a huge fleet for perishable commodities transportation and an efficient distribution network. It also contracts third-party refrigerated warehousing service providers to transfer perishable commodities effectively to its retail outlets. The rise of such huge merchants, as well as their expanding operations in international trade, is spurring expansion in the refrigerated warehousing and refrigerated transportation markets, which in turn, provides lucrative opportunities for the global cold chain frozen food market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Cold Chain Frozen Foods Market Report by Segment
By Temperature
- Frozen
- Chilled
By Type
- Refrigerated Warehousing
- Refrigerated Transport
By Application
- Fruits and Vegetables
- Fish
- Meat and Seafood
- Bakery & Confectionery
- Dairy and Frozen Desserts
Global Cold Chain Frozen Foods Market by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
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