Latin America Cold Chain Market Research Report – Segmented By Type, Temperature Type, Technology, Application and Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Analysis on Market Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2032)

Updated On: June, 2024
ID: 2548
Pages: 143

Latin America Cold Chain Market Size (2024 to 2032)

The cold chain market size in Latin America was worth USD 17.21 billion in 2023. The Latin American market size is expected to be worth USD 34.29 billion by 2032 from USD 18.58 billion in 2024, growing at a CAGR of 7.96% from 2024 to 2032.

Cold Chains are used to ensure and preserve the shelf life of perishable goods. In a cold chain, temperatures are maintained at every step of transportation and storage. Cold Chains are a necessity in the cases of goods like fresh agricultural products, frozen foods, seafood, dairy and bakery and confectionary products. A constant series of cooled production, storage, and supply activities, along with the supplementary equipment and logistics, which maintain the requisite low-temperature choice, is termed an Unbroken Cold Chain.

Rapid growth of international trade of perishable foods, technological progress in refrigerated transport and storage, infrastructure development support by the government and the upsurge in enlargement of food retail chains by MNCs are the major driving factors for the growth of the Latin America Cold Chain Market.

High quality check standards set by governmental agencies and the associated costs of temperature management equipment are the constraints faced by the market.

This research report on the Latin American cold chain market has been segmented and sub-segmented based on the following categories.

Latin America Cold Chain Market By Type

  • Refrigerated Storage
  • Transport

Latin America Cold Chain Market By Temperature Type

  • Chilled
  • Frozen

Latin America Cold Chain Market By Technology

  • Air Blown
  • Eutectic

Latin America Cold Chain Market By Application

  • Fruits and Vegetables
  • Bakery and Confectionery
  • Dairy
  • Meat
  • Fish
  • Seafood

Latin America Cold Chain Market By Country

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

The cold chain market is projected to expand in Latin America as the consumer expenditure on these cold chain products is mounting rapidly. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia.

KEY MARKET PARTICIPANTS

Companies playing a major role in the Latin American cold chain market include Americold Logistics (U.S.), Preferred Freezer Services (U.S.), Burris Logistics (U.S.), Lineage Logistics Holding LLC (U.S.) and Nichirei Logistics Group Inc. (Japan).

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