Mexico Cold Chain Logistics Market Introduction and Overview
According to SPER Market Research, the Mexico Cold Chain Logistics Market is estimated to reach USD 9.73 billion by 2033 with a CAGR of 12.57%.
The report includes an in-depth analysis of the Mexico Cold Chain Logistics Market, including market size and trends, product mix, applications, and supplier analysis. A cold chain refers to a supply chain that handles perishable, temperature-sensitive products including wine, chemicals, flowers, meat, dairy, seafood, and fresh vegetables. Perishable commodities require a certain low-temperature range to be maintained to preserve their quality and integrity. Certain product groupings need to be frozen, while others need to be refrigerated, and yet others need special handling. Inadequate temperature control results in product spoiling and, eventually, monetary losses. The management and safe delivery of such goods from producer or supplier to customer is the focus of cold chain logistics. Maintaining the required temperature becomes more challenging the longer the route is between the initial source and the final customer.
- December 2023; Leading provider of global supply chain solutions, AIT Worldwide Logistics, purchased Mach II Shipping Ltd., a UK-based freight forwarder with expertise in the international distribution of medicines and associated goods. A global network of life sciences partners and a Dutch subsidiary are part of the acquisition.
- February 2023; Qualianz, a well-known platform for storage and logistics with operations in Mexico City, Mexico State, Monterrey, Querétaro, and Tijuana, was acquired by Emergent Cold Latin America, the fastest-growing provider of temperature-controlled storage and logistics services in Latin America.
Market Opportunities and Challenges
Opportunities- Cold chain logistics in Mexico have undergone a technological revolution because of the development of advanced equipment that maintains ideal temperature conditions throughout storage and transit. Manufacturers are constantly improving the effectiveness, dependability, and sustainability of cold chain equipment, from refrigerated vehicles and containers to cold storage facilities outfitted with cutting edge monitoring and control systems. Food safety and pharmaceutical quality assurance regulations have a significant impact on the Mexico cold chain equipment market. Regulatory organizations enforce strict criteria and standards to guarantee the integrity and safety of products that are susceptible to temperature changes along the supply chain. Adoption of modern cold chain equipment is driven by compliance with laws such as the FDA's Food Safety Modernization Act and Good Distribution Practice for medicines.
Challenges- The expansion of the cold chain sector has a significant negative impact on Mexico's environment since refrigeration uses a lot of energy and is a source of greenhouse emissions. There is an enormous increase in demand for refrigerated road transportation, which is growing exponentially. Keeping goods frozen is crucial for extending their shelf life and preserving their quality when they are being transported by trucks, ships, and trains in the cold chain. Similarly, diesel-powered trailers, trucks, and containers use more energy than diesel-powered trucks that are not chilled. This has significant effects on the region's climate change. Consequently, it is projected that environmental concerns over greenhouse gas emissions would impede the expansion of the cold chain logistics industry.
Market Competitive Landscape
Mexico Cold Chain Logistics Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. The leading vendors are focusing on strategic alliances, partnerships, and geographical expansion to strengthen their market position. Leading companies in the industry are Frialsa FrigorÃficos, Friopuerto Veracruz, Serbom Group, Friozem Armazens Frigorificos Ltd, Brasfrigo, Others.
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 Application
|
| Regions covered | Northern Mexico, Central Mexico, Western Mexico, Eastern Mexico, Southern Mexico
|
| Companies Covered | Frialsa FrigorÃficos, Friopuerto Veracruz, Serbom Group, Friozem Armazens Frigorificos Ltd, Brasfrigo, Conestoga Cold Storage, Americold Logistics, AIT Worldwide Logistics, Mex Storage, Emergent Cold LatAm
|
COVID-19 Impact on Mexico Cold Chain Logistics Market
The importance of the cold chain has been highlighted by recent international health emergencies like the COVID-19 pandemic. Due to vaccine rollouts and medical supply shortages, the COVID-19 pandemic had a major influence on Mexico's cold chain logistics business, increasing demand for pharmaceutical storage and distribution. Additionally, it caused havoc with food supply systems, which increased the need for cold storage and last-mile delivery of perishables. The market was further stressed by the rise of e-commerce, labour shortages, and transportation constraints. The crisis strengthened the cold chain industry for long-term resilience by pushing the use of digital and IoT technology for real-time monitoring, increasing infrastructure investments, and fostering new alliances.
Key Target Audience
- Pharmaceutical Companies
- Food and Beverage Companies
- Logistics Service Providers
- Retailers and Supermarkets
- Cold Storage and Warehouse Operators
- Transportation Companies
- Packaging and Insulation Manufacturers
- Healthcare and Hospitals
- E-commerce Platforms
- Agricultural Producers and Exporters
- Government Regulatory Agencies
Our in-depth analysis of the Mexico Cold Chain Logistics Market includes the following segments:
| By Service: | StorageTransportationValue-added Services |
| By Temperature: | ChilledFrozenAmbient |
| By Application: | Fruits and VegetablesDairy ProductsFish, Meat and PoultryProcessed foodPharmaceuticalBakery and ConfectioneryOther Applications |
Key Topics Covered in the Report
- Mexico Cold Chain Logistics Market Size (FY’2024-FY’2033)
- Overview of Mexico Cold Chain Logistics Market
- Segmentation of Mexico Cold Chain Logistics Market By Service (Storage, Transportation, Value-added Services, Others)
- Segmentation of Mexico Cold Chain Logistics Market By Temperature (Chilled, Frozen, Ambient)
- Segmentation of Mexico Cold Chain Logistics Market By Application (Fruits and Vegetables, Dairy Products, Fish, Meat and Poultry, Processed food, Pharmaceutical, Bakery and Confectionery, Others)
- Statistical Snap of Mexico Cold Chain Logistics Market
- Expansion Analysis of Mexico Cold Chain Logistics Market
- Problems and Obstacles in Mexico Cold Chain Logistics Market
- Competitive Landscape in the Mexico Cold Chain Logistics Market
- Impact of COVID-19 and Demonetization on Mexico Cold Chain Logistics Market
- Details on Current Investment in Mexico Cold Chain Logistics Market
- Competitive Analysis of Mexico Cold Chain Logistics Market
- Prominent Players in the Mexico Cold Chain Logistics Market
- SWOT Analysis of Mexico Cold Chain Logistics Market
- Mexico 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 Mexico 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. Mexico Cold Chain Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Mexico Cold Chain Logistics Market
7. Mexico Cold Chain Logistics Market, By Service (USD Million) 2020-2033
7.1. Mexico Cold Chain Logistics Market Size, Share and Forecast, By Service, 2020-2026
7.2. Mexico Cold Chain Logistics Market Size, Share and Forecast, By Service, 2027-2033
7.3. Storage
7.4. Transportation
7.5. Value-added Services
8. Mexico Cold Chain Logistics Market, By Temperature (USD Million) 2020-2033
8.1. Mexico Cold Chain Logistics Market Size, Share and Forecast, By Temperature, 2020-2026
8.2. Mexico Cold Chain Logistics Market Size, Share and Forecast, By Temperature, 2027-2033
8.3. Chilled
8.4. Frozen
8.5. Ambient
9. Mexico Cold Chain Logistics Market, By Application (USD Million) 2020-2033
9.1. Mexico Cold Chain Logistics Market Size, Share and Forecast, By Application, 2020-2026
9.2. Mexico Cold Chain Logistics Market Size, Share and Forecast, By Application, 2027-2033
9.3. Fruits and Vegetables
9.4. Dairy Products
9.5. Fish, Meat and Poultry
9.6. Processed food
9.7. Pharmaceutical
9.8. Bakery and Confectionery
9.9. Other Applications
10. Mexico Cold Chain Logistics Market, By Region, 2020-2033 (USD Million)
10.1. Mexico Cold Chain Logistics Market Size and Market Share By Region (2020-2026)
10.2. Mexico Cold Chain Logistics Market Size and Market Share By Region (2027-2033)
10.3. Mexico
10.3.1. Northern Mexico
10.3.2. Central Mexico
10.3.3. Western Mexico
10.3.4. Eastern Mexico
10.3.5. Southern Mexico
11. Company Profile
11.1. Frialsa FrigorÃficos
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Friopuerto Veracruz
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Serbom Group
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Friozem Armazens Frigorificos Ltd
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Brasfrigo
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Conestoga Cold Storage
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Americold Logistics
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. AIT Worldwide Logistics
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Mex Storage
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Emergent Cold LatAm
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
12. Conclusion
13. List of Abbreviations
14. 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.
