Cold Storage Market in North America Market Size, Regional Outlook, Application Potential, Price Trends

The North America Cold Storage Market was valued at US$ 51,341.46 million in 2022 and is expected to reach US$ 179,605.36 million by 2030; it is estimated to register a CAGR of 16.9% from 2022 to 2030.

Get Exclusive Sample PDF @: https://www.businessmarketinsights.com/sample/BMIRE00030777?utm_source=OpenPr&utm_medium=10640

Import and export of food and pharmaceutical products are crucial in international trade. Imports and exports of food and pharmaceutical products can have a significant effect on global food security and the economy. The scenario of food product trade is constantly evolving. Imports of food products have intensified in recent years owing to the rising consumer demand globally. Growing population, increasing urbanization, and rising demand for quality food products and pharmaceutical items are acting as major drivers for import and export, which is, in a way, boosting the cold storage market positively. The US is the world's leading turkey producer and biggest exporter of turkey products. Turkey meat production in the country has expanded to satisfy consumer demand. In 2023, the US turkey meat export accounted for 455 million pounds in 2023. Additionally, the US was ranked as the world's top exporter of vegetable products in 2022, with US$ 94.8 billion in exports. Vegetable Products ranked seventh in terms of US exports that same year.

Analysis of the Top Market Players:

1. Nafta Frigorificos SA DE CV
2. Tippmann Group
3. Nichirei Corp
4. Frialsa Frigorificos SA de CV
5. Emergent Cold LatAm Management LLC
6. Americold Realty Trust Inc
7. Lineage Logistics Holdings LLC
8. Burris Logistics Co
9. United States Cold Storage Inc
10. NewCold Cooperatief UA

In this report, the market has been segmented on the basis of:

Application (Dairy Products, Meat and Seafood, Fruits and Vegetables, Pharmaceuticals, and Processed Food)

Temperature Type (Chilled and Frozen), and Warehouse Type (Public and Private & Semi-Private)

Access full Report Description, TOC, Table of Figure, Chart, etc. @: https://www.businessmarketinsights.com/reports/north-america-cold-storage-market

The increase in imports and exports of pharmaceuticals, drugs, and food products is a major driver for cold storage facilities. The cold storage facilities play a major role in the overall supply chain of pharma and food products. During transportation, cold storage-equipped trucks, ships, and containers are required to ensure the quality and safety of perishable food and pharmaceutical products. Keeping food and pharmaceutical products at optimal temperatures to safeguard their minerals and nutritional value boosts the demand for cold storage facilities worldwide. Therefore, the rapid growth in import and export activities of food and pharmaceutical products propels the cold storage market growth.

Order a copy of this research report at @: https://www.businessmarketinsights.com/buy/single/BMIRE00030777?utm_source=OpenPr&utm_medium=10640

Contact Us:
If you have any queries about this report or if you would like further information, please
Contact Person: Ankit Mathur
Phone: +16467917070
Email: sales@businessmarketinsights.com

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

This release was published on openPR.