Latin America Cold Chain Logistics Market Introduction and Overview
According to SPER Market Research, the Latin America Cold Chain Logistics Market is estimated to reach USD 14.44 billion by 2033 with a CAGR of 11.83%.
The report includes an in-depth analysis of the Latin America Cold Chain Logistics Market, including market size and trends, product mix, applications, and supplier analysis. Cold chain logistics operations are the invention and cycle that concerns the safe transportation of temperature-sensitive merchandise and items across the store network. It heavily relies on science to measure and account for the relationship between temperature and perishability. Any item that is known or identified as "short-lived" will most likely necessitate cold chaining the board. This could include food sources such as meat and seafood, produce, medical supplies, and pharmaceuticals.
- In June 2023, Canadian Pacific announced a strategic collaboration to co-host American storage facilities on the CPKC network. The goal is to build the first facility on CPKC's network in Kansas City (Mo.), Kansas, that will combine cold storage and added-value services with faster intermodal transport solutions Connects significant markets in the United States, Midwest, and Mexico.
- November 2022: Emergent Cold Latin America (Emergent Cold LatAm), the region's fastest-growing cold storage logistics business, announces the acquisition of a distribution centre in Recife, Brazil. The company has now made two investments in northeastern Brazil. The new Emergent Cold LatAm facility has a building size of more than 19,000 square metres and 18,500 pallet places for storage. It is perfectly located in Recife, one of Brazil's largest cities and the most important economic hub in the northeast.
- In October 2022, the fastest-growing refrigerated storage and logistics company in Latin America announced the expansion of its temperature-controlled facility in Panama City, Panama. The projected extension will add about 8,300 pallet positions to the facility, increasing its overall capacity to 28,300 pallets.
Market Opportunities and Challenges
Opportunities- The growing pharmaceutical and healthcare industries are major drivers of the cold chain logistics industry's pace. Ensuring the efficacy and integrity of pharmaceuticals and healthcare goods throughout storage and transit requires careful management of temperature-controlled environments. In addition, the world's need for perishable food is growing, which has a big impact on cold chain logistics. Robust cold storage and transport solutions are necessary to preserve the safety and freshness of fresh, high-grade food, as preferred by consumers. The need for cold chain logistics has also grown as a result of globalisation and a rise in international trade. The market is expanding as a result of the increasing requirement to transfer and preserve perishable goods across borders. Encouraged by rising environmental consciousness, the industry is also witnessing breakthroughs through the use of sustainable practices and energy-efficient refrigeration systems.
Challenges- Adequate cold chain infrastructure, such as transportation networks, temperature-controlled vehicles, and refrigerated storage facilities, is lacking in many places, particularly in developing nations and rural areas. The difficulty of preserving the integrity of temperature-sensitive goods during storage and transit is made worse by limited availability to dependable power and refrigeration systems. Furthermore, a complicated network of rules and guidelines that control the handling, storage, and transportation of goods that are sensitive to temperature, especially in the food and pharmaceutical industries, apply to the cold chain logistics sector. These laws, which differ by nation and area, call for stringent adherence to quality control procedures as well as painstaking attention to detail.
Market Competitive Landscape
The market is fragmented because it includes both domestic and foreign enterprises. Brazil is the largest market in this region, followed by Mexico, Argentina, and Colombia. Mergers and consolidation have helped the most major firms in the LATAM cold storage market grow. Many developed-market corporations continue to expand and acquire rival enterprises. Key market players are Frialsa Frigorificos SA, Comfrio Solucoes Logisticas, Friozem Armazens Frigorificos Ltda, Superfrio Armazens Gerais Ltda, Americold Logistics, Brasfrigo, Arfrio Armazens Gerais Frigorificos, Ransa Comercial SA, Localfrio, Qualianz.
Scope of the Report:
| Report Metric | Details |
Market size available for
years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Service, By Temperature, By End-User
|
| Regions covered | Brazil, Mexico, Chile, Colombia, Peru
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| Companies Covered | Frialsa Frigorificos SA, Comfrio Solucoes Logisticas, Friozem Armazens Frigorificos Ltda, Superfrio Armazens Gerais Ltda, Americold Logistics, Brasfrigo, Arfrio Armazens Gerais Frigorificos, Ransa Comercial SA, Localfrio, Qualianz.
|
COVID-19 Impact on Latin America Cold Chain Logistics Market
The early impact of the COVID-19 epidemic on the Latin American cold chain market was negative. Nonetheless, as the pandemic progressed and more perishable goods were traded internationally, the market for cold chain logistics in Latin America expanded due to technological advancements in refrigerated transport and storage, government support for infrastructure development, and a surge in MNCs' food chain expansion.
Key Target Audience:
- Pharmaceutical Companies
- Food and Beverage Manufacturers
- Retailers and Supermarkets
- Logistics Service Providers
- Healthcare Providers
- Agricultural Producers
- Government and Regulatory Bodies
- Technology Providers
- Cold Storage and Warehouse Operators
- Importers and Exporters
Our in-depth analysis of the Latin America Cold Chain Logistics Market includes the following segments:
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By Service:
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Cold Storage/Refrigerated Warehousing
Refrigerated Transportation
Value-added Services (Order Management, Blast Freezing, Labeling, Inventory Management, etc.)
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By Temperature:
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Chilled
Frozen
Ambien
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By End User:
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Fruits and Vegetables
Dairy Products (Milk, Butter, Cheese, Ice Cream, etc.)
Fish, Meat, and Seafood
Processed Food
Pharmaceutical (Includes Biopharma)
Bakery and Confectionery
Other End Users
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Key Topics Covered in the Report:
- Latin America Cold Chain Logistics Market Size (FY’2024-FY’2033)
- Overview of Latin American Cold Chain Logistics Market
- Segmentation of Latin America Cold Chain Logistics Market by Service {Cold Storage/Refrigerated Warehousing, Refrigerated Transportation, Value-added Services (Order Management, Blast Freezing, Labeling, Inventory Management, etc.)}
- Segmentation of Latin America Cold Chain Logistics Market by Temperature (Chilled, Frozen, Ambient)
- Segmentation of Latin America Cold Chain Logistics Market by End User {Fruits and Vegetables, Dairy Products (Milk, Butter, Cheese, Ice Cream, etc.), Fish, Meat, and Seafood, Processed Food, Pharmaceutical (Includes Biopharma), Bakery and Confectionery, Other End Users}
- Statistical Snap of Latin America Cold Chain Logistics Market
- Expansion Analysis of Latin America Cold Chain Logistics Market
- Problems and Obstacles in Latin America Cold Chain Logistics Market
- Competitive Landscape in the Latin America Cold Chain Logistics Market
- Impact of COVID-19 and Demonetization on Latin America Cold Chain Logistics Market
- Details on Current Investment in Latin America Cold Chain Logistics Market
- Competitive Analysis of Latin America Cold Chain Logistics Market
- Prominent Players in the Latin America Cold Chain Logistics Market
- SWOT Analysis of Latin America Cold Chain Logistics Market
- Latin America Cold Chain Logistics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Latin America Cold Chain Logistics Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Latin America Cold Chain Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Latin America Cold Chain Logistics Market
7. Latin America Cold Chain Logistics Market, By Service (USD Million) 2020-2033
7.1. Latin America Cold Chain Logistics Market Size, Share and Forecast, By Service, 2020-2026
7.2. Latin America Cold Chain Logistics Market Size, Share and Forecast, By Service, 2027-2033
7.3. Cold Storage/Refrigerated Warehousing
7.4. Refrigerated Transportation
7.5. Value-added Services (Order Management, Blast Freezing, Labeling, Inventory Management, etc.)
8. Latin America Cold Chain Logistics Market, By Temperature (USD Million) 2020-2033
8.1. Latin America Cold Chain Logistics Market Size, Share and Forecast, By Temperature, 2020-2026
8.2. Latin America Cold Chain Logistics Market Size, Share and Forecast, By Temperature, 2027-2033
8.3. Chilled
8.4. Frozen
8.5. Ambien
9. Latin America Cold Chain Logistics Market, By End User (USD Million) 2020-2033
9.1. Latin America Cold Chain Logistics Market Size, Share and Forecast, By End User, 2020-2026
9.2. Latin America Cold Chain Logistics Market Size, Share and Forecast, By End User, 2027-2033
9.3. Fruits and Vegetables
9.4. Dairy Products (Milk, Butter, Cheese, Ice Cream, etc.)
9.5. Fish, Meat, and Seafood
9.6. Processed Food
9.7. Pharmaceutical (Includes Biopharma)
9.8. Bakery and Confectionery
9.9. Other End Users
10. Latin America Cold Chain Logistics Market Forecast, 2020-2033 (USD Million)
10.1. Latin America Cold Chain Logistics Size and Market Share
11. Latin America Cold Chain Logistics Market, By Region, 2020-2033 (USD Million)
11.1. Latin America Cold Chain Logistics Market Size and Market Share By Region (2020-2026)
11.2. Latin America Cold Chain Logistics Market Size and Market Share By Region (2027-2033)
11.2.1. Brazil
11.2.2. Mexico
11.2.3. Chile
11.2.4. Colombia
11.2.5. Peru
11.2.6. Others
12. Company Profile
12.1. Frialsa Frigorificos SA
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Comfrio Solucoes Logisticas
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Friozem Armazens Frigorificos Ltda
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Superfrio Armazens Gerais Ltda
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Americold Logistics
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Brasfrigo
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Arfrio Armazens Gerais Frigorificos
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Ransa Comercial SA
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Localfrio
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Qualianz
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
