US Cold Storage Market, By Type (Refrigerated Warehouses, Cold Storage Containers, Blast Freezers, and Others), By Application (Food & Beverages, Pharmaceuticals, Chemicals, and Others)

The US cold storage market is estimated to be valued at USD 41.38 Bn in 2024 and is expected to reach USD 92.04 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 12.1% from 2024 to 2031.

Figure. US cold storage market Share (%), By Type, 2024

Cold storage facilities play a vital role in efficiently storing agricultural produce, seafood, meat, and dairy products within the required temperature ranges to preserve freshness and extend shelf life. They help bridge the gap between the production and consumption of perishables and ensure a steady supply of goods throughout the year. Factors such as rising exports of cold chain food items, growing focus on reducing food wastage, expanding processed food industry, and robust growth in online grocery are fueling the demand for cold storage warehouses across the U.S. However, high initial investments and energy costs associated with cold storage infrastructure development remain key challenges.

Market Dynamics:

The US cold storage market is driven by strong demand from the food and beverage industry. Growing international trade of perishable food items has also increased the necessity for modern cold storage facilities with advanced temperature and humidity control systems. Additionally, the surging e-commerce sector is propelling the need for cold warehouses to enable larger inventories and faster fulfillment of grocery orders. However, high capital requirements for equipment, construction and operation hamper the market growth. Further, increasing energy costs associated with regular refrigeration pose a major challenge. On the positive side, technological advancements in energy-efficient and environment-friendly refrigeration systems are opening up new opportunities. Adoption of automated cold storage warehouses to improve productivity and minimize human errors is another emerging trend in the market.

Key Features of the Study:

• This report provides in-depth analysis of the US cold storage market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the US cold storage market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Lineage Logistics, Americold Logistics, United States Cold Storage, Inc., Interstate Warehousing, Inc., FreezPak Logistics, Conestoga Cold Storage, Burris Logistics, Vertical Cold Storage, ColdPoint Logistics, SnoTemp Cold Storage, Interstate Cold Storage, Inc., Central Storage & Warehouse LLC, Valley Cold Storage & Transportation, Interchange Group LLC, CWI Logistics, MWCold, Bellingham Cold Storage Co., CTW Logistics, Kloosterboer, and VersaCold Logistics Services
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global US cold storage market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global US cold storage market

Detailed Segmentation-

• By Type Insights (Revenue, USD Bn, 2019 - 2031)
  • Refrigerated Warehouses
  • Cold Storage Containers
  • Blast Freezers
  • Others
• By Application Insights (Revenue, USD Bn, 2019 - 2031)
  • Food & Beverages
  • Meat & Seafood
  • Dairy Products
  • Fruits & Vegetables
  • Frozen Foods
  • Pharmaceuticals
  • Chemicals
  • Others
• Key Players Insights
  • Lineage Logistics
  • Americold Logistics
  • United States Cold Storage, Inc.
  • Interstate Warehousing, Inc.
  • FreezPak Logistics
  • Conestoga Cold Storage
  • Burris Logistics
  • Vertical Cold Storage
  • ColdPoint Logistics
  • SnoTemp Cold Storage
  • Interstate Cold Storage, Inc.
  • Central Storage & Warehouse LLC
  • Valley Cold Storage & Transportation
  • Interchange Group LLC
  • CWI Logistics
  • MWCold
  • Bellingham Cold Storage Co.
  • CTW Logistics
  • Kloosterboer
  • VersaCold Logistics Services