Latin America Cold Storage Market Size & Outlook
Latin America cold storage market, 2018-2030 (US$M)
Related Markets
Latin America cold storage market highlights
- The Latin America cold storage market generated a revenue of USD 9.6 million in 2023.
- The market is expected to grow at a CAGR of 19.5% from 2024 to 2030.
- In terms of segment, public was the largest revenue generating warehousea type in 2023.
- Public is the most lucrative warehousea type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 9.6 million |
| Market revenue in 2030 | USD 33.5 million |
| Growth rate | 19.5% (CAGR from 2023 to 2030) |
| Largest segment | Public |
| Fastest growing segment | Public |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Private & semi private, Public |
| Key market players worldwide | Americold Realty Trust Inc, Adecoagro SA, Burris Logistics, Barloworld Ltd, Lineage Logistics, Oxford Industries Inc, Oceana Group Ltd, Swire Pacific Ltd ADR, United States Cold Storage, JD Logistics Inc, Wabash National Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.0% of the global cold storage market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 130.1 million by 2030.
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Cold Storage Market Scope
Cold Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America cold storage market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold storage market will help companies and investors design strategic landscapes.
Public was the largest segment with a revenue share of 77.08% in 2023. Horizon Databook has segmented the Latin America cold storage market based on private & semi private, public covering the revenue growth of each sub-segment from 2018 to 2030.
During storage and transportation, cold storage services are used to maintain a specific temperature range for perishable goods, such as food and pharmaceuticals. The use of a cold storage is essential in ensuring that these products maintain their quality, safety, and efficacy throughout the supply chain.
In South America, the adoption of the cold storage has been increasing over the years, primarily driven by the growth of the food and pharmaceutical industries. The food industry is one of the major sectors driving the adoption of cold storages in South America.
As the demand for fresh and frozen food products increases, there is a need for reliable and efficient cold storage equipment to maintain the quality and safety of these products. Additionally, the growing export market for South American food products requires adherence to strict international standards, which can only be met by having a proper cold storage infrastructure.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cold storage market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America cold storage market size, by country, 2018-2030 (US$M)
Latin America Cold Storage Market Outlook Share, 2023 & 2030 (US$M)
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