Europe Cold Storage Market In-Depth Analysis of the Current Development Stage, Effective Counter Strategies (2022-2030)

The Europe cold storage market was valued at US$ 27,314.27 million in 2022 and is expected to reach US$ 91,055.74 million by 2030; it is estimated to register a CAGR of 16.2% from 2022 to 2030.

The Europe cold storage market was valued at US$ 27,314.27 million in 2022 and is expected to reach US$ 91,055.74 million by 2030; it is estimated to register a CAGR of 16.2% from 2022 to 2030.

Increasing Demand for Convenience Food Among Consumers Drives Europe Cold Storage Market

The global surge in demand for processed, canned, and easy-to-prepare food items is accelerating due to a growing population, increasing urbanization, rising disposable incomes, and the pressures of busy modern lives. These convenience foods are highly dependent on proper storage to remain fit for consumption. The critical importance of cold storage facilities cannot be overstated, as processed foods quickly perish if not kept under suitable conditions. Maintaining precise temperatures and appropriate storage environments is fundamental for extending the shelf life of processed or canned food. Over the years, consumer lifestyles have evolved dramatically, with the expanding working population serving as a primary force behind the growth of the cold storage market. Additionally, increased promotional efforts for processed food are successfully attracting a younger demographic. This escalating demand for canned and processed food is substantially boosting the global need for cold storage facilities. For example, in 2021, the food processing sector in Germany generated around US$ 203 billion in revenue, representing 5.8% of the country's GDP. Meat (24%), dairy (15.5%), bakery (9.4%), confectionery and long-life bakery products (7.8%), and processed fruits and vegetables (6.3%) were the top subsectors by value. Thus, consumers' increasing inclination towards processed food is a major impetus for the cold storage market.

 

Download our Sample PDF Report

@ https://www.businessmarketinsights.com/sample/BMIRE00030740

 

Europe Cold Storage Market Overview

The cold storage market has received a significant boost from an expanding population, higher consumer incomes, and an increasing preference for processed and canned food. The utility and vital nature of cold storage facilities have soared in recent years, propelled by increased spending on convenience and frozen food, probiotics, pharmaceuticals, and fresh produce. A wide range of sectors, including food & beverages, pharmaceuticals, and chemicals, depend on cold storage facilities to safeguard their products. Within the food industry, the surging demand for frozen and fresh items has rendered cold storage facilities crucial for maintaining product freshness and preventing waste. The pharmaceutical industry is critically reliant on cold storage to preserve the potency of temperature-sensitive vaccines and medications.

 

 

Europe Cold Storage Market Segmentation

 

Europe Cold Storage Market By Application

Dairy Products

Meat and Seafood

Fruits and Vegetables

Pharmaceuticals

Processed Food

Europe Cold Storage Market By Temperature Type

Chilled and Frozen

Europe Cold Storage Market Regions and Countries Covered       

 

Europe

UK

Germany

France

Russia

Italy

Rest of Europe

Europe Cold Storage Market leaders and key company profiles   

Nichirei Corp

Americold Realty Trust Inc

Lineage Logistics Holdings LLC

NewCold Cooperatief UA

Constellation Cold Logistics SARL

Chiltern Cold Storage Group Ltd

 

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

 


Dinesh Rawat

61 Blog posts

Comments