Cold storage facilities are used for storing perishable goods and other temperature-sensitive products such as fruits, vegetables, dairy products, seafood, poultry, meat, and others under controlled temperatures. Factors such as stringent food safety regulations, growing demand for processed and frozen foods, expansion of organized retail, and globalization of supply chain networks have boosted the demand for cold chain solutions. The US cold storage market is fragmented in nature, with various regional and local players providing storage solutions to the food and pharmaceutical sectors.

The US cold storage market is estimated to be valued at USD 41.38 Bn in 2024 and is expected to reach USD 92.04 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 12.1% from 2024 to 2031.
Key Takeaways

Key players operating in the US Cold Storage market are Lineage Logistics Holdings LLC, AmeriCold Logistics LLC, Nichirei Logistics Group Inc., Trenton Cold Storage, Swire Cold Storage Pty Ltd.

The US Cold Storage Market Demand is expected to witness significant growth opportunities owing to the rising demand from emerging applications such as food processing, floriculture, seafood & meat processing. Furthermore, technological advancements in automation, such as fleet management systems, real-time monitoring of product & environment, mobile applications, are simplifying inventory tracking and management.

Technological advancements in the field of automation and usage of automated storage and retrieval systems are simplifying inventory management for cold storage operators. The adoption of advanced technologies such as Internet of Things (IoT), data analytics, automation and robotics is enabling operators to streamline workflow, optimize inventory, minimize losses and enhance operational efficiency.

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