The refrigerated warehousing market has witnessed significant advancements, driven by innovations in temperature control, automation, and sustainability. Advanced refrigeration systems ensure precise temperature management, reducing energy consumption and environmental impact. Features of refrigerated warehousing include real-time monitoring and remote control, enhancing operational efficiency. Automated storage and retrieval systems optimize space and minimize errors. Sustainable practices of refrigerated warehousing are energy-efficient technologies and eco-friendly refrigerants that align with environmental concerns. These advancements collectively enhance the reliability, cost-effectiveness, and eco-friendliness of refrigerated warehousing, meeting the evolving needs of the cold chain industry.
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Data Bridge Market Research analyses that the U.S. Refrigerated Warehousing Market is growing with a CAGR of 4.8% in the forecast period of 2022 to 2029. The market was valued at USD 9,623.34 million in 2021 and is expected to reach USD 14,002.84 million by 2029. The rising demand for imported and exported frozen or chilled food products necessitates a well-developed and efficient cold storage infrastructure to maintain product quality and safety during transportation and storage, facilitating international trade and supply chain efficiency.
Key Findings of the Study
The growing food industry is expected to drive the market's growth rate
The growth of the food and beverage industry, driven by changing consumer preferences and global trade, highlights the need for effective temperature-controlled storage solutions for perishable goods. Maintaining precise temperature conditions is crucial to ensure the quality, safety, and shelf life of products. As the industry expands to meet rising demand, businesses require reliable refrigerated warehousing facilities to preserve freshness and comply with stringent food safety regulations, contributing to overall industry growth and success.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Equipment Type (Storage, Compressors, Condensers, Evaporators, Controller And Vessels, Pumps, And Auxiliary Equipment), Technology (Blast Freezing, Vapor Compression, Programmable Logic Controller, Evaporative Cooling, Cryogenic Systems, And Other Technologies), Temperature Type (Chilled And Frozen), End-Users (Producers, Retailers, Food Service Providers, And Others), Application (Food Products, Beverages, Dietary Supplements, Personal Care Products, Pharmaceuticals and Biological Products, And Others)
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Countries Covered
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U.S.
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Market Players Covered
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Trenton Cold Storage (Canada), LINEAGE LOGISTICS HOLDING, LLC (U.S.), CONESTOGA COLD STORAGE (Canada), Kloosterboer (Netherlands), Congebec (Canada), Americold (U.S.), John Swire & Sons (H.K.) Ltd. (Hong Kong), Delta Pacific Seafoods (Canada), Cold Storage Inc. (U.S.), Iceberg Cold Storage (Canada)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The U.S. refrigerated warehousing market is segmented into equipment type, technology, temperature type, end-users, and application.
- On the basis of equipment type, the U.S. refrigerated warehousing market is segmented into storage, compressors, condensers, evaporators, controller and vessels, pumps, and auxiliary equipment.
- On the basis of technology, the U.S. refrigerated warehousing market is segmented into blast freezing, vapor compression, programmable logic controller, evaporative cooling, cryogenic systems, and other technologies.
- On the basis of end-users, the U.S. refrigerated warehousing market is segmented into producers, retailers, food service providers, and others.
- On the basis of application, the U.S. refrigerated warehousing market is segmented into food products, beverages, dietary supplements, personal care products, pharmaceuticals and biological products, and others.
Major Players
Data Bridge Market Research recognizes the following companies as the U.S. refrigerated warehousing market players in U.S. refrigerated warehousing market are Trenton Cold Storage (Canada), LINEAGE LOGISTICS HOLDING, LLC (U.S.), CONESTOGA COLD STORAGE (Canada), Kloosterboer (Netherlands), Congebec (Canada), Americold (U.S.), John Swire & Sons (H.K.) Ltd. (Hong Kong), Delta Pacific Seafoods (Canada).
Market Developments
- In March 2022, LINEAGE LOGISTICS HOLDING, LLC expanded its operations by acquiring MTC Logistics, a prominent cold-chain provider. This strategic move aimed to enhance their presence and access to key ports along the U.S. and Gulf Coasts. Through this acquisition, the company gained control of four facilities near the ports of Baltimore, MD, Wilmington, DE, and Mobile, AL, resulting in an increase of approximately 38 million cubic feet in capacity and over 113,000 pallet positions across the United States.
- In August 2020, Americold executed strategic acquisitions to strengthen its presence in key markets. They acquired a 3.2 million cubic foot cold storage facility in Florida for $25 million and an AM-C warehouse with 13.8 million cubic feet of cold storage capacity for $82.5 million. These investments were part of Americold's expansion strategy, enabling the company to enhance its footprint in Florida and Texas, two critical regions in the cold storage and logistics industry.
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