Cold Chain Market Forecast to 2031
Analysis based on 6 articles · First reported May 29, 2026 · Last updated Jun 03, 2026
The cold chain market is projected for substantial growth, reaching USD 455.0 billion by 2031, driven by increasing demand in healthcare and food & beverage industries. This growth presents significant investment opportunities for logistics companies and technology providers, while also impacting the operational strategies of companies like Americold Realty Trust, Lineage (company), and Nichirei as they expand their capabilities.
MarketsandMarkets published a report forecasting the global cold chain market to grow from USD 276.5 billion in 2026 to USD 455.0 billion by 2031, at a CAGR of 10.5%. This growth is primarily driven by increasing demand for temperature-controlled logistics in the healthcare industry for medications and vaccines, and in the food & beverage industry for preserving perishable goods. Technological advancements in refrigeration, temperature tracking, and monitoring are enhancing efficiency. Regional growth is notable in Asia Pacific and Europe, with key players like Americold Realty Trust, Lineage (company), and Nichirei making strategic expansions and acquisitions to capitalize on this market trend. The report highlights the importance of cold chain storage & infrastructure and refrigerated LCVs as significant growth segments.
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