US Cold Storage Market Poised to Grow at a Substantial Pace Owing to Higher Demand from Food and Beverage Industry
US Cold Storage Market Demand The US cold storage market provides temperature-controlled facilities for storage of perishable food products along with other temperature sensitive items like food ingredients, pharmaceuticals, chemicals, and more. Cold storage facilities help in extending the shelf-life of products by maintaining optimum temperature ranges along with high air quality and moisture levels. Rapidly evolving customer demands, rising exports of perishables, and requirement for year-long product availability has augmented the demand for cold storage infrastructure in the country. 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, Americold Logistics, U.S. Cold Storage, Inc., Interstate Warehousing, Inc., FreezPak Logistics, Conestoga ...