U.S. Cold Storage Market Size, Share, & Trends Analysis Report By Warehouse Type, By Construction Type (Bulk Storage, Production Stores), By Temperature Type (Chilled, Frozen), By Application, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 75 | Publisher: Grand View Research
Industry: Food & Beverages | Report Format: Electronic (PDF)

The U.S. cold storage market size is estimated to reach USD 19.69 billion by 2025, expanding at a CAGR of 3.7% over the forecast period, according to the new report conducted by Grand View Research, Inc. U.S. is widely regarded as one of the leading markets in developing technologies responsible for effective management of cold storage processes. The market is expected to offer growth opportunities for the pharmaceutical industry. Inventory management of pharmaceutical goods such as vaccines and medicines is an expensive process, which necessitates adequate security measures to be undertaken for protection of product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods.

Growth of the U.S. cold storage market is profoundly influenced by extensive demand for perishable goods worldwide along with the availability of food and health supplies, and economic and political scenario. For instance, trade conflicts between U.S. and China is expected to negatively impact the growth. In March 2018, U.S. imposed a 25.0% tariff on steel and 10.0% on aluminum imported from China. The latter country, in turn, announced a 15-25.0% tariff on products imported from U.S., including pork, fruits, wine, nuts, and vegetables. These high tariffs imposed on food and agriculture produce are expected to negatively affect market growth.

Furthermore, outsourcing cold and frozen storage operations offers manufacturers various cost benefits. This can help eliminate costs associated with warehouse space and management, technology, transportation, and labor. Operational costs such as employee salaries, heating and cooling expenses, insurance, and electric power cost can also be reduced by working with supply chain partners. As a result, manufacturers can increase their profit margins and focus on core business activities such as quality product manufacturing, expanding customer base, and satisfaction of customer needs.

Further key findings from the report suggest:

• Rising demand for healthy food, import and export of refrigerated foods, and increasing private sector participation are expected to propel market growth

• Provision of cold storage facilities assists in extending the shelf life of perishable goods such as fresh agricultural produce and frozen foods

• Growing automation in warehouse management is anticipated to spur the growth over the forecast period

• Numerous initiatives undertaken with the objective of reducing wastage of post-harvest and processed foods is also expected to boost the market

• Some of the key participants operating in the U.S. cold storage market are Americold Logistics, LLC, AGRO Merchants Group North America, Burris Logistics, Cloverleaf Cold Storage, Henningsen Cold Storage Co., Lineage Logistics Holdings, LLC, Nordic Logistics, LLC, Preferred Freezer Services, United States Cold Storage, and Wabash National Corporation

Table of Contents

Chapter 1 Methodology and Scope
1.1 Market segmentation & scope
1.2. Market definition
1.3. Information procurement
1.3.1. Purchased database
1.3.2. GVR's internal database
1.3.3. Secondary sources & third-party perspectives
1.3.4. Primary research
1.4. Information analysis
1.4.1. Data analysis models
1.5. Market formulation & data visualization
1.6. Data validation & publishing

Chapter 2 Executive Summary
2.1 U.S. Cold Storage Market Summary
2.2 U.S. Cold Storage - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2.1 U.S. cold storage market, 2014 - 2025 (USD Billion)
2.2.2 U.S. cold storage market, by warehouse type, 2014 - 2025 (USD Billion)
2.2.3 U.S. cold storage market, by construction type, 2014 - 2025 (USD Billion)
2.2.4 U.S. cold storage market, by temperature type, 2014 - 2025 (USD Billion)
2.2.5 U.S. cold storage market, by application, 2014 - 2025 (USD Billion)
2.2.6 U.S. cold storage market, by state (40 states), 2014 - 2025 (USD Million)
2.2.6.1 Maine
2.2.6.2 Massachusetts
2.2.6.3 Vermont
2.2.6.4 New Jersey
2.2.6.5 New York
2.2.6.6 Pennsylvania
2.2.6.7 Delaware
2.2.6.8 Florida
2.2.6.9 Georgia
2.2.6.10 Maryland
2.2.6.11 North Carolina
2.2.6.12 South Carolina
2.2.6.13 Virginia
2.2.6.14 Illinois
2.2.6.15 Indiana
2.2.6.16 Michigan
2.2.6.17 Ohio
2.2.6.18 Wisconsin
2.2.6.19 Alabama
2.2.6.20 Kentucky
2.2.6.21 Mississippi
2.2.6.22 Tennessee
2.2.6.23 Iowa
2.2.6.24 Kansas
2.2.6.25 Minnesota
2.2.6.26 Missouri
2.2.6.27 Nebraska
2.2.6.28 North Dakota
2.2.6.29 South Dakota
2.2.6.30 Arkansas
2.2.6.31 Louisiana
2.2.6.32 Oklahoma
2.2.6.33 Texas
2.2.6.34 Arizona
2.2.6.35 Idaho
2.2.6.36 Mexico
2.2.6.37 Utah
2.2.6.38 California
2.2.6.39 Oregon
2.2.6.40 Washington
2.2.6.41 Others

Chapter 3 Industry Outlook
3.1. Market Segmentation & Scope
3.2 U.S. Cold Storage Market Growth Prospects
3.3 Cold Storage Construction Trends
3.3.1 Refrigerants market trends
3.3.2 Cold storage cost
3.3.2.1 Insulation cost per square foot
3.3.2.2 Refrigeration equipment cost per cubic foot
3.3.2.3 Cold storage service rates
3.4 Trade Analysis
3.4.1 Number of ports in the U.S.
3.4.2 Primary ports for refrigerated products
3.5 State-wise Economic Outlook (Top 10 States, Based On Refrigerated Warehouse Capacity)
3.5.1 California
3.5.2 Florida
3.5.3 Texas
3.5.4 Massachusetts
3.5.5 Washington
3.5.6 New York
3.5.7 Pennsylvania
3.5.8 Wisconsin
3.5.9 New Jersey
3.5.10 Oregon
3.6 U.S. Cold Storage Capacity Trends
3.7 U.S. Cold Storage Industry: Sale Lease Back Program
3.7.1 Buy-lease-resell scenario
3.7.2 Key takeaways for real-estate firms
3.7.3 Cold storage trades
3.8 Cold Storage Outsourcing Trends
3.8.1 In-source vs outsource
3.8.2 Use case of outsource strategy
3.8.2.1 Overview of the strategies followed by the pharmaceutical industry for outsourcing cold storage operations:
3.8.2.2 Factors considered before outsourcing the pharma cold storage operations:
3.8.2.3. List of 3PL companies operating in the U.S. cold storage market
3.9 U.S. Cold Storage Industry: Case Studies
3.9.1 Case study 1: Partner Logistics
3.9.2 Case study 2: MD Logistics
3.9.3 Case study 3: Cold Chain Technologies, Inc.
3.10 U.S. Cold Storage-Value Chain Analysis
3.11 U.S. Cold Storage Market Dynamics
3.11.1. Market Driver Analysis
3.11.2. Market Restraint Analysis
3.11.3. Market Opportunity Analysis
3.11.4. Market Challenge Analysis
3.11. Penetration & Growth Prospect Mapping
3.12. U.S. Cold Storage Industry Analysis - Porter's
3.12.1. Supplier Power
3.12.2. Buyer Power
3.12.3. Substitution Threat
3.12.4. Threat from new entrant
3.12.5. Competitive rivalry
3.13. U.S. Cold Storage (ATE) Industry Analysis - PESTEL
3.13.1. Political Landscape
3.13.2. Environmental Landscape
3.13.3. Social Landscape
3.13.4. Technology Landscape
3.13.5. Legal Landscape
3.14. Major Deals & Strategic Alliances Analysis
3.14.1. Joint Ventures
3.14.2. Mergers & Acquisitions
3.14.3. Licensing & Partnership
3.14.4. Technology Collaborations
3.14.5. Strategic Divestments
3.15 Key Opportunities - Prioritized
3.16 List of Key Players (Global) with Cold Storage Capacity - 2018
3.17 Regulatory Framework for Chilled and Frozen Food
3.17.1 U.S.

Chapter 4 Competitive Analysis
4.1 Recent developments & impact analysis, by key market participants
4.2 Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
4.3 Vendor Landscape
4.3.1 Key company market share analysis, 2018

Chapter 5 Competitive Landscape
5.1 Americold Logistics LLC
5.1.1 Company overview
5.1.2 Product benchmarking
5.1.3 Product benchmarking
5.2 Agro Merchant Group LLC
5.2.1 Company overview
5.2.2 Product benchmarking
5.2.3 Recent developments
5.3 Burris Logistics, Inc.
5.3.1 Company overview
5.3.2 Product benchmarking
5.3.3 Recent developments
5.4 Cloverleaf Cold Storage
5.4.1 Company overview
5.4.2 Product benchmarking
5.5 Henningsen Cold Storage Company
5.5.1 Company Overview
5.5.2 Product Benchmarking
5.5.3 Strategic Initiatives
5.6 Lineage Logistics, LLC
5.6.1 Company overview
5.6.2 Product benchmarking
5.6.3 Recent developments
5.7 Nordic Logistics
5.7.1 Company overview
5.7.2 Product benchmarking
5.7.3 Recent developments
5.8 Preferred Freezer
5.8.1 Company overview
5.8.2 Product benchmarking
5.8.3 Recent developments
5.9 United States Cold Storage, Inc.
5.9.1 Company overview
5.9.2 Product benchmarking
5.9.3 Recent developments
5.10 Wabash National
5.10.1 Company overview
5.10.2 Financial performance
5.10.3 Product benchmarking
5.10.4 Recent developments

List of Tables

TABLE 1 U.S. Cold storage- Industry snapshot & critical success factor, 2014 - 2025
TABLE 2 U.S. cold storage market, 2014 - 2025 (USD Billion)
TABLE 3 U.S. cold storage market by warehouse type, 2014 - 2025 (USD Billion)
TABLE 4 U.S. cold storage market by construction type, 2014 - 2025 (USD Billion)
TABLE 5 U.S. cold storage market by temperature type, 2014 - 2025 (USD Billion)
TABLE 6 U.S. cold storage market by application, 2014 - 2025 (USD Billion)
TABLE 7 U.S. Cold Storage - Key company analysis
TABLE 8 List of key players with cold storage capacity

List of Figures

FIG. 1 Market segmentation &scope
FIG. 2 Cold storage- Value chain analysis
FIG. 3 Market dynamics
FIG. 4 Key opportunities, 2025
FIG. 5 Porter's five forces analysis
FIG. 6 U.S. Cold storage- PEST analysis