Cold Chain Logistics Market in North America 2015-2019
About Cold Chain Logistics
A cold chain is a supply chain that involves the storage and transportation of temperature-sensitive goods. Thermal and refrigerated packaging methods are used in the transportation and storage of these temperature-sensitive goods, and extensive logistics planning ensures their integrity. Cold chain logistics has evolved over the past few years. It has shifted from the mere storage of food products in cold storage warehouses and their refrigerated transportation to the provision of value-added services to customers.
TechNavio's analysts forecast the Cold Chain Logistics market in North America to grow at a CAGR of 14.39 percent over the period 2014-2019.
Covered in this Report
The Cold Chain Logistics market in North America can be segmented into two: Refrigerated Warehousing and Refrigerated Transportation.
TechNavio's report, Cold Chain Logistics Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape of the Cold Chain Logistics market in North America and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Cold Chain Logistics Market in North America 2015-2019
TechNavio recognizes the following companies as the key players in the Cold Chain Logistics Market in North America: AmeriCold Logistics LLC, Lineage Logistics Holdings LLC, Preferred Freezer Services LLC and United States Cold Storage (Swire Group)
Other Prominent Vendors in the market are: Allen Lund, Alliance Shippers, Atlanta Bonded Warehouse, Burris Logistics, Columbian Logistics Network, Conestoga Cold Storage, Congebec, Frialsa Soluciones, Great Lakes Cold Storage, Kloosterboer, Matson Logistics, Midwest Refrigerated Services, Nordic Cold Storage, RLS Logistics and Trenton Cold Storage.
Commenting on the report, an analyst from TechNavio’s team said: “One key trend upcoming in this market is the focus on energy-efficient practices. Market vendors are adopting various tools and strategies to be more energy efficient. A new trend in the market is the use of the CO2 cascade system, where two refrigerants are used in one refrigeration system, and one refrigerant cools the other refrigerant.”
According to the report, with the macro developments in the region such as the increase in population, growth in the organized retail sector, and increased food wastage, there has been growing demand for cold chains for food preservation purposes, and this demand is expected to increase in the future.
Further, the report states that one major challenge that the market faces vis the high energy consumption cost, which has increased the operational costs of vendors. An increase in competition among vendors and demand for cold storage has exerted additional pressure on vendors to expand their logistics facilities, which is difficult with increasing real estate prices.
AmeriCold Logistics, Lineage Logistics Holdings , Preferred Freezer Services, United States Cold Storage (Swire Group), Allen Lund, Alliance Shippers, Atlanta Bonded Warehouse, Burris Logistics, Columbian Logistics Network, Conestoga Cold Storage,Congebec, Frialsa Soluciones, Great Lakes Cold Storage, Kloosterboer, Matson Logistics, Midwest Refrigerated Services, Nordic Cold Storage, RLS Logistics, Trenton Cold Storage