Europe Cold Storage Market Forecast to 2030

Europe Cold Storage Market Forecast to 2030 – Regional Analysis – by Application (Dairy Products, Meat and Seafood, Fruits and Vegetables, Pharmaceuticals, and Processed Food), Temperature Type (Chilled and Frozen), and Warehouse Type (Public and Private & Semi-Private)

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Description

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

Growing population, rising urbanization, increasing disposable income, and rising busy lifestyle are driving the demand for processed, canned, and easy-to-make food items globally. The canned or convenience food items require proper storage facilities to be in consumable condition. The importance of cold storage facilities is undeniable, as processed foods have a high chance of getting rotten within a few days or weeks if not preserved well. The maintained optimal temperature and proper storage conditions are essential for extending the shelf life of processed or canned food. Over the years, consumers’ lifestyles have evolved drastically; and the growing number of working population are some of the major driving factors for the cold storage market. In addition, increased marketing exposure of processed food is also attracting major younger generation toward consuming processed food. The rise in demand for canned and processed food is boosting the requirement for cold storage facilities globally. For instance, the food processing sector in Germany produced around US$ 203 billion in revenue in 2021, or 5.8% of the country’s GDP. Meat (24%), dairy (15.5%), bakery (9.4%), confectionary and long-life bakery products (7.8%), and processed fruits and vegetables (6.3%) were the top subsectors by value. Thus, the increasing consumer inclination toward processed food is acting as a major driver for the cold storage market.

Europe Cold Storage Market Overview

The increasing population, rising consumer income, and growing preference for processed and canned food have positively favored the cold storage market. The popularity and importance of cold storage facilities have soared in recent years owing to increased expenditure on convenience and frozen food, probiotics, pharmaceuticals, or fresh produce. Several industries, such as food & beverages, pharmaceuticals, and chemicals, rely on cold storage facilities to preserve their products. In the food industry, the mounting demand for frozen and fresh foods has made cold storage facilities crucial for preserving product freshness and avoiding spoilage. The pharmaceutical industry immensely depends on cold storage to conserve the effectiveness of temperature-controlled vaccines and drugs.

Globalization and expansion in transport logistics have also boosted the supply chain of various products nationally or internationally. This trend has improved the demand for cold storage facilities to make certain that the products reach consumers in ideal condition, preserving a necessary temperature, regardless of distance and time of travel.

Germany, the UK, and France are among the major countries contributing to the development of the cold storage market in Europe. In addition, Italy, Russia, the Netherlands, Belgium, Poland, and Spain are also noteworthy countries in the cold storage market. The COVID-19 and geopolitical disturbances during the Russia-Ukraine war have also shown the importance of cold storage facilities, as they cater to the consumers’ needs in times of crisis.

Europe Cold Storage Market Revenue and Forecast to 2030 (US$ Million)

Europe Cold Storage Market Segmentation

The Europe cold storage market is categorized into application, temperature type, warehouse type, and country.

Based on application, the Europe cold storage market is segmented into dairy products, meat and seafood, fruits and vegetables, pharmaceuticals, and processed food. The meat and seafood segment held the largest Europe cold storage market share in 2022.

In terms of temperature type, the Europe cold storage market is bifurcated into chilled and frozen. The frozen segment held a larger Europe cold storage market share in 2022.

By warehouse type, the Europe cold storage market is segmented into public and private & semi-private. The public segment held a larger Europe cold storage market share in 2022.

By country, the Europe cold storage market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The UK dominated the Europe cold storage market share in 2022.

Nichirei Corp, Americold Realty Trust Inc, Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Constellation Cold Logistics SARL, and Chiltern Cold Storage Group Ltd. are some of the leading companies operating in the Europe cold storage market.

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At 16.2% CAGR, Europe Cold Storage Market is Speculated to be Worth US$ 91,055.74 Million by 2030, says The Research Team

According toThe Research Team’ research, 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, registering a CAGR of 16.2% from 2022 to 2030. Sustainable refrigeration & storage technologies and increasing demand for convenience food among consumers are among the critical factors attributed to drive the Europe cold storage market growth.

The application of transcritical CO2 systems uses carbon dioxide (CO2) as a refrigerant, which has a very low ozone depletion potential (ODP). Unlike conventional refrigerants such as hydrofluorocarbons (HFCs) or hydrochlorofluorocarbons (HCFCs), which contribute to ozone layer depletion, CO2 does not damage the ozone layer. This characteristic makes cold storage transcritical CO2 refrigeration systems environmentally friendly and supports global efforts to phase out ozone-depleting substances. Transcritical CO2 systems have a substantially minimalized global warming potential (GWP) compared to many conventional cold storage facilities. GWP measures the ability of greenhouse gases to impact global warming over a definite period. CO2 has a GWP of 1, whereas HFCs commonly used in refrigeration systems have GWPs in the thousands or even tens of thousands. By using CO2 as a refrigerant, transcritical systems help moderate climate change and reduce the carbon footprint of cooling and refrigeration applications. Overall, the low environmental impact of cold storage transcritical CO2 systems are driving the market by supporting global environmental objectives. As the need for sustainable refrigeration and storage solutions continues to develop, cold storage transcritical CO2 technology offers a viable and smart option for businesses across various sectors. Furthermore, the application of cold thermal storage technology is also one of the environment-friendly alternatives for storage facilities that can provide opportunities for the cold storage market over the forecast period.

On the contrary, adverse impact of cold storage facilities on environment hurdle the growth of Europe cold storage market.

Based on application, the Europe cold storage market is segmented into dairy products, meat and seafood, fruits and vegetables, pharmaceuticals, and processed food. The meat and seafood segment held 31.0% market share in 2022, amassing US$ 8,457.33 million. It is projected to garner US$ 30,584.70 million by 2030 to register 17.4% CAGR during 2022-2030.

In terms of temperature type, the Europe cold storage market is bifurcated into chilled and frozen. The frozen segment held 65.3% share of Europe cold storage market in 2022, amassing US$ 17,849.70 million. It is anticipated to garner US$ 61,083.20 million by 2030 to expand at 16.6% CAGR during 2022-2030.

By warehouse type, the Europe cold storage market is segmented into public and private & semi-private. The public segment held 66.8% share of Europe cold storage market in 2022, amassing US$ 18,235.21 million. It is projected to garner US$ 58,874.13 million by 2030 to expand at 15.8% CAGR from 2022 to 2030.

Based on country, the Europe cold storage market is categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that the UK captured 32.7% share of Europe cold storage market in 2022. It was assessed at US$ 8,942.68 million in 2022 and is likely to hit US$ 32,060.73 million by 2030, registering a CAGR of 17.3% during 2022-2030.

Key players operating in the Europe cold storage market are Nichirei Corp, Americold Realty Trust Inc, Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Constellation Cold Logistics SARL, and Chiltern Cold Storage Group Ltd, among others.

In 2024, Constellation Cold Logistics opened its 18,500-pallet expansion project in Nijkerk, The Netherlands. The expansion now has over 65,000 pallet spaces of frozen storage capacity, blast freezing, repacking facilities, and other value-added services.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe cold storage market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Europe cold storage market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe cold storage market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Cold Storage Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Producers
4.2.2 Storage Providers
4.2.3 End Users
5. Europe Cold Storage Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rapid Growth in Import and Export Activities of Food and Pharmaceutical Products
5.1.2 Increasing Demand for Convenience Food Among Consumers
5.1.3 Rise in Food Waste
5.2 Market Restraints
5.2.1 Adverse Impact of Cold Storage Facilities on Environment
5.3 Market Opportunities
5.3.1 Sustainable Refrigeration and Storage Technologies
5.4 Future Trends
5.4.1 Automation in Cold Storage Facilities
5.5 Impact of Drivers and Restraints:
6. Cold Storage Market – Europe Market Analysis
6.1 Cold Storage Market Revenue (US$ Million), 2022-2030
6.2 Cold Storage Market Forecast Analysis
7. Europe Cold Storage Market Analysis – by Application
7.1 Dairy Products
7.1.1 Overview
7.1.2 Dairy Products: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Meat and Seafood
7.2.1 Overview
7.2.2 Meat and Seafood: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Fruits and Vegetables
7.3.1 Overview
7.3.2 Fruits and Vegetables: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Pharmaceuticals
7.4.1 Overview
7.4.2 Pharmaceuticals: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Processed Food
7.5.1 Overview
7.5.2 Processed Food: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
8. Europe Cold Storage Market Analysis – by Temperature Type
8.1 Chilled
8.1.1 Overview
8.1.2 Chilled: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Frozen
8.2.1 Overview
8.2.2 Frozen: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
9. Europe Cold Storage Market Analysis – by Warehouse Type
9.1 Public
9.1.1 Overview
9.1.2 Public: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Private and Semi-Private
9.2.1 Overview
9.2.2 Private and Semi-Private: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
10. Europe Cold Storage Market – Country Analysis
10.1 Europe
10.1.1 Europe Cold Storage Market Overview
10.1.2 Europe: Cold Storage Market – Revenue and Forecast Analysis – by Country
10.1.2.1 Europe: Cold Storage Market – Revenue and Forecast Analysis – by Country
10.1.2.2 Germany: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.1 Germany: Cold Storage Market Breakdown, by Application
10.1.2.2.2 Germany: Cold Storage Market Breakdown, by Temperature Type
10.1.2.2.3 Germany: Cold Storage Market Breakdown, by Warehouse Type
10.1.2.3 France: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.1 France: Cold Storage Market Breakdown, by Application
10.1.2.3.2 France: Cold Storage Market Breakdown, by Temperature Type
10.1.2.3.3 France: Cold Storage Market Breakdown, by Warehouse Type
10.1.2.4 Italy: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.1 Italy: Cold Storage Market Breakdown, by Application
10.1.2.4.2 Italy: Cold Storage Market Breakdown, by Temperature Type
10.1.2.4.3 Italy: Cold Storage Market Breakdown, by Warehouse Type
10.1.2.5 United Kingdom: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.5.1 United Kingdom: Cold Storage Market Breakdown, by Application
10.1.2.5.2 United Kingdom: Cold Storage Market Breakdown, by Temperature Type
10.1.2.5.3 United Kingdom: Cold Storage Market Breakdown, by Warehouse Type
10.1.2.6 Russia: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.6.1 Russia: Cold Storage Market Breakdown, by Application
10.1.2.6.2 Russia: Cold Storage Market Breakdown, by Temperature Type
10.1.2.6.3 Russia: Cold Storage Market Breakdown, by Warehouse Type
10.1.2.7 Rest of Europe: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.7.1 Rest of Europe: Cold Storage Market Breakdown, by Application
10.1.2.7.2 Rest of Europe: Cold Storage Market Breakdown, by Temperature Type
10.1.2.7.3 Rest of Europe: Cold Storage Market Breakdown, by Warehouse Type
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
12. Company Profiles
12.1 Constellation Cold Logistics SARL
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nichirei Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Americold Realty Trust Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Lineage Logistics Holdings LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Chiltern Cold Storage Group Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 NewCold Cooperatief UA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Research Team

LIST OF TABLES

Table 1. Europe Cold Storage Market Segmentation
Table 2. Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. Europe Cold Storage Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 4. Europe Cold Storage Market – Revenue and Forecast to 2030 (US$ Million) – by Temperature Type
Table 5. Cold Storage Market – Revenue and Forecast to 2030 (US$ Million) – by Warehouse Type
Table 6. Europe: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 7. Germany: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 8. Germany: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Temperature Type
Table 9. Germany: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Warehouse Type
Table 10. France: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 11. France: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Temperature Type
Table 12. France: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Warehouse Type
Table 13. Italy: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 14. Italy: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Temperature Type
Table 15. Italy: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Warehouse Type
Table 16. United Kingdom: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 17. United Kingdom: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Temperature Type
Table 18. United Kingdom: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Warehouse Type
Table 19. Russia: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 20. Russia: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Temperature Type
Table 21. Russia: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Warehouse Type
Table 22. Rest of Europe: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 23. Rest of Europe: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Temperature Type
Table 24. Rest of Europe: Cold Storage Market – Revenue and Forecast to 2030(US$ Million) – by Warehouse Type

LIST OF FIGURES

Figure 1. Europe Cold Storage Market Segmentation, by Country
Figure 2. Ecosystem Analysis
Figure 3. Cold Storage Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Cold Storage Market Revenue (US$ Million), 2022-2030
Figure 6. Europe Cold Storage Market Share (%) – by Application (2022 and 2030)
Figure 7. Dairy Products: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Meat and Seafood: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Fruits and Vegetables: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Pharmaceuticals: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Processed Food: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Europe Cold Storage Market Share (%) – by Temperature Type (2022 and 2030)
Figure 13. Chilled: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Frozen: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Europe Cold Storage Market Share (%) – by Warehouse Type (2022 and 2030)
Figure 16. Public: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Private and Semi-Private: Cold Storage Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Europe Cold Storage Platforms Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 19. Europe: Cold Storage Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 20. Germany: Cold Storage Market – Revenue and Forecast to 2030(US$ Million)
Figure 21. France: Cold Storage Market – Revenue and Forecast to 2030(US$ Million)
Figure 22. Italy: Cold Storage Market – Revenue and Forecast to 2030(US$ Million)
Figure 23. United Kingdom: Cold Storage Market – Revenue and Forecast to 2030(US$ Million)
Figure 24. Russia: Cold Storage Market – Revenue and Forecast to 2030(US$ Million)
Figure 25. Rest of Europe: Cold Storage Market – Revenue and Forecast to 2030(US$ Million)

The List of Companies – Europe Cold Storage Market

o Nichirei Corp
o Americold Realty Trust Inc
o Lineage Logistics Holdings LLC
o NewCold Cooperatief UA
o Constellation Cold Logistics SARL
o Chiltern Cold Storage Group Ltd

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