DUBLIN--(BUSINESS WIRE)--The "North America Cold Chain Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The North America cold chain Market reached a value of US $59.1 Billion in 2020. Looking forward, the market to grow at a CAGR of around 8% during 2021-2026.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Cold chain Logistics is a temperature-controlled supply chain, it involves a series of refrigerated storage, production and distribution activities, along with equipment that ensure that a desired temperature range is maintained. Cold chains preserve, extend and ensure the shelf life of various temperature sensitive products.
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 logistics 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 logistics market?
- What is the breakup of the North America cold chain logistics market based on the service type?
- What is the breakup of the North America cold chain logistics market based on the transportation type?
- What is the breakup of the North America cold chain logistics market based on the temperature type?
- What is the breakup of the North America cold chain logistics market based on the end user?
- What is the breakup of the North America cold chain logistics market by country?
- What are the key driving factors and challenges in the market?
- What is the structure of North America cold chain logistics industry and who are the key players?
- What is the degree of competition in the North America cold chain logistics market?
Competitive Landscape:
The report has also examined the competitive landscape of the North America Cold Chain Market. Some of the major players include:
- Americold Logistics
- Lineage Logistics
- United States Cold Storage Inc.
- VersaCold Logistics Services
- AGRO Merchants Group
- Interstate Warehousing
Report Scope
Market Breakup by Service Type
- Refrigerated Storage
- Refrigerated Transport
- Airways
- Roadways
- Seaways
- Railways
Refrigerated storage currently dominates the market, holding the largest share.
Market Breakup by Temperature
- Chilled
- Frozen.
Chilled temperature holds the largest market share.
Market Breakup by End User
- Meat and Seafood
- Fruits and Vegetables
- Bakery and Confectionery
- Dairy and Frozen Products
- Pharmaceuticals
- Others
Meat and seafood currently dominate the market, holding the largest share.
Market breakup by Country
- United States
- Canada
United States is currently the biggest market.
For more information about this report visit https://www.researchandmarkets.com/r/v50ety
