Latest News- Cold Storage Market: Meat and seafood is expected to lead the Application segment during 2025-2029

The Cold Storage Market is being driven by Rising awareness about reducing wastage of food

The Cold Storage Market is expected to grow at a CAGR of 19.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 260.4 billion. Fuel cell technology, which powers forklifts through an electrochemical reaction that produces electricity, heat, and water as byproducts, offers a significant advantage in cold storage environments. Unlike battery-operated forklifts, which can experience a 40-60% decrease in operating time in low temperatures, fuel cell-based forklifts maintain optimal performance even in sub-zero conditions, down to -30 degrees Celsius. This technology's ability to function effectively in extreme temperatures makes it an attractive solution for refrigerated warehouses seeking efficient and reliable material handling equipment. 

Get more information on Cold Storage Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Meat and seafood
  • Fruits and vegetables
  • Bakery and confectionery
  • Dairy and frozen products
  • Others
• Type
  • Private and semi-private
  • Public
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • US
  • Europe
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising awareness about reducing wastage of food
• Growing consumption of frozen food
• Compliance with regulations regarding storage and transportation of goods

However, the market also witnesses some limitations, which are as follows:

• Seasonal demand for refrigerated products
• High cost involved in building and operating cold storage
• Lack of infrastructure in developing countries

Benefits of Buying Global Cold Storage Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Cold Storage Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The cold storage market encompasses the design and maintenance of cold storage facilities, focusing on freezer upkeep to prevent refrigerant leaks and ensure energy efficiency. Temperature mapping and inventory tracking are crucial for maintaining food quality and reducing spoilage. Quality assurance is ensured through regular inspections of storage capacity, distribution networks, pallet stacking, door seals, evaporator coils, compressor efficiency, and condenser cleaning. Proper management of frost formation, defrost cycles, airflow patterns, insulation integrity, leak detection, sensor calibration, data analysis, audit trails, and regulatory compliance are essential for cost optimization, risk management, and safety protocols. Emergency procedures are also vital for ensuring business continuity.

Market Research Overview

The global air freight and logistics market encompasses the revenue generated by entities offering air freight transportation, courier services, and comprehensive logistics solutions, including package and mail delivery, and customs agents. According to Technavio, the market size is determined by the earnings of these providers. Key factors propelling market expansion include the surge in cross-border e-commerce activities, necessitating advanced refrigeration systems, cold chain logistics, temperature monitoring, humidity control, and energy efficiency to ensure product integrity during transit.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/