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At what pace is the frozen food logistics market growing, and what is its estimated value?
The frozen food logistics market size has grown rapidly in recent years. It will grow from $30.60 billion in 2024 to $35.14 billion in 2025 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to growing demand for frozen food, increasing disposable income, expansion of retail and food service sectors, rising urbanization, and increasing investment in ultra-low temperature storage.
The frozen food logistics market size is expected to see rapid growth in the next few years. It will grow to $60.46 billion in 2029 at a compound annual growth rate (CAGR) of 14.5%. The growth in the forecast period can be attributed to increasing consumer preference for convenience foods, expansion of e-commerce grocery platforms, rising demand for sustainable cold chain solutions, rising demand for plant-based frozen products, and rising packaged food demand. Major trends in the forecast period include advancements in cold chain technology, advancements in temperature monitoring, adoption of predictive analytics for demand forecasting, development of multi-temperature warehouses, and integration of drone technology for cold storage monitoring.
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What are the top drivers to the rising demand in the frozen food logistics market?
The increasing consumer demand for convenience foods is expected to propel the growth of the frozen food logistics market going forward. Convenience foods are pre-packaged or pre-prepared food products designed for quick and easy consumption, requiring minimal cooking, preparation, or effort. The increasing demand for convenience foods is driven by busy lifestyles, rising urbanization, and the need for quick, easy-to-prepare meal options without compromising taste or nutrition. Frozen food logistics ensures the efficient transportation and storage of convenience foods, maintaining their quality, safety, and shelf life through an unbroken cold chain. For instance, in April 2024, according to the National Association of Convenience Stores, a US-based trade association, reported that in 2023, foodservice sales, including prepared foods, commissary items, and dispensed beverages, accounted for 26.9% of in-store sales, up from 25.6% in 2022. Additionally, sales of prepared foods per store per month rose by 12.2% in 2023 compared to 2022. Therefore, the increasing consumer demand for convenience foods is driving the growth of the frozen food logistics market.
How is the frozen food logistics market segmented?
The frozen food logistics market covered in this report is segmented –
1) By Product Type: Frozen Vegetables, Frozen Meat, Frozen Seafood, Frozen Ready Meals, Frozen Desserts
2) By Temperature Control: Chilled, Deep Frozen, Frozen
3) By Transportation Mode: Road, Rail, Air, Sea
4) By Packaging: Bags, Boxes, Cans, Jars
Subsegments:
1) By Frozen Vegetables: Frozen Peas, Frozen Corn, Frozen Broccoli, Frozen Carrots, Mixed Vegetables
2) By Frozen Meat: Frozen Chicken, Frozen Beef, Frozen Pork, Frozen Lamb, Processed And Packaged Meat
3) By Frozen Seafood: Frozen Fish Fillets, Frozen Shrimp, Frozen Crab, Frozen Lobster, Frozen Squid
4) By Frozen Ready Meals: Frozen Pizzas, Frozen Pasta Meals, Frozen Asian Meals, Frozen Burgers And Nuggets, Frozen Soups And Stews
5) By Frozen Desserts: Ice Cream & Gelato, Frozen Yogurt, Frozen Cakes And Pastries, Frozen Pies, Frozen Fruit Bars
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Who are the top competitors in the frozen food logistics market?
Major companies operating in the frozen food logistics market are Nippon Express, CJ Logistics Corporation, Dachser Group SE & Co. KG, Kintetsu World Express Inc., Lineage Logistics Holdings LLC, Hellmann Worldwide Logistics SE & Co. KG, STEF, Matson Inc., United States Cold Storage Inc, VersaCold Logistics Services Inc., Burris Logistics Inc., NewCold Advanced Cold Logistics, Americold Logistics LLC, C.H. Robinson Worldwide Inc., Seafrigo Group, Congebec Logistics Inc., RLS Logistics, Swire Cold Storage, Interstate Cold Storage Inc., Conestoga Cold Storage, Magnavale, Kloosterboer Group B.V., Confederation Freezers – Brampton, Interstate Warehousing Inc., Nichirei Logistics Group Inc.
What significant trends should we anticipate in the frozen food logistics market over the forecast period?
Major companies operating in the frozen food logistics market are focusing on technological advancements such as developing automated frozen storage facility, to enhance efficiency, reduce operational costs, and maintain optimal temperature control for preserving product quality. Automated frozen storage facilities leverage robotics and technology to streamline storage and retrieval of frozen products while maintaining consistent temperature control. For instance, in September 2024, Indicold Private Limited, an India-based cold storage company, has launched the nation’s first rack-clad automated storage and retrieval system (ASRS) frozen facility in Ahmedabad, boosting cold chain capabilities. With a capacity of over 7,000 pallets, this facility addresses the rising demand for frozen foods. This initiative underscores Indicold’s dedication to advancing the cold chain industry through automation and sustainability, solidifying India’s position in frozen food logistics.
Which regional trends are influencing the frozen food logistics market, and which area dominates the industry?
North America was the largest region in the frozen food logistics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the frozen food logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Frozen Food Logistics Market Report 2025 Offer?
The frozen food logistics market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Frozen food logistics refers to the specialized supply chain process that encompasses the management and coordination of transporting, storing, and distributing frozen food items. It requires strict adherence to a cold chain system to maintain low temperatures, safeguarding the quality, safety, and longevity of the products throughout the supply chain.
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