What Is The Forecast For Global Frozen Storage Market Size And Growth Rates?
The Frozen Storage Market size has shown strong growth in recent years. It is expected to grow from $149.15 billion in 2024 to $163.43 billion in 2025, marking a compound annual growth rate (CAGR) of 9.6%. The growth during this historic period can be attributed to a change in consumer lifestyles and dietary habits, an increase in quick-service and frozen food retailers, and increased urbanization providing convenience to consumers.
In the coming years, the Frozen Storage Market is set to see even stronger growth. Market size is forecasted to reach an impressive $225.36 billion in 2029 with a compound annual growth rate (CAGR) of 8.4%. Factors influencing this growth include a rise in e-commerce for grocery and food delivery, a focus on health and wellness trends, and technological innovation within cold chain logistics.
Get Your Free Sample of The Global Frozen Storage Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9772&type=smp
What Are The Main Drivers For The Frozen Storage Market Growth?
The increasing demand for perishable products is acting as a major growth driver for the Frozen Storage Market. Perishable products such as fresh vegetables, fruits, pharmaceutical products, and others require refrigeration or cold storage to prolong their shelf life. For example, in December 2022, the US exported foods, feeds, and beverages worth $0.7 billion, contributing to a total export value of $3,009.7 billion. This trend, combined with a $26.1 billion increase in imports, has led to a rise in demand for frozen storage facilities.
Which Are The Key Segments Of The Global Frozen Storage Market?
– By Warehouse Type: Private And Semi-private, Public
– By Construction: Bulk Storage, Production Stores, Ports
– By Application: Processed Food, Fruits and Vegetables, Fish, Meat, and Sea Food, Pharmaceuticals, Other Applications
Order your report now for swift delivery:
https://www.thebusinessresearchcompany.com/report/frozen-storage-global-market-report
Who Are The Major Players In The Frozen Storage Market?
Key players in the Frozen Storage Market include Americold Logistics Inc., Lineage Logistics Holdings LLC, Burris Logistics Company, Wabash National Corporation, Nichirei Corporation, United States Cold Storage Inc., Kloosterboer Group B.V., and many others. These companies are continuously innovating to enhance their market position and deliver services that meet the changing needs of consumers.
What Are The Emerging Trends In The Frozen Storage Market?
Technological advancement in the Frozen Storage Market is one of the key trends. For instance, JBT Corporation, which provides food and beverage technology solutions, launched the Frigoscandia GYRoCOMPACT 70 Spiral Freezer. It’s an advanced freezing solution that allowed it to operate for up to two weeks without the need for frequent defrosting.
What Is The Regional Analysis For The Frozen Storage Market?
North America is the largest region in the frozen storage market as of 2024. However, the scope of the report also covers other significant regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Frozen Storage Market Report 2025 Offer?
The Frozen Storage Market becomes integral as the storage of various products, such as vegetables, seafood, fruits, at a temperature below 32°F in cold storage facilities. These units help in maintaining the nutritional value and freshness of products. The Frozen Storage Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9772
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model