The Latin America, Middle East and Africa Refrigerated Warehousing Market would witness market growth of 18.7% CAGR during the forecast period (2023-2030).
Refrigerated warehousing is a building or facility that maintains certain environmental conditions to keep temperature-sensitive products safe. A refrigerated warehouse stores products at particular temperatures to keep them fresh. It eliminates sprouting, rotting, and insect damage. Large companies must pay for a dedicated custom space when providing products and services to a large client base.
A refrigerated container is a primary, mobile, and cost-effective option for small quantities of products. Restaurants and food service companies use blast freezers and chillers to store products. Facilities that need a lot of cold, dry storage can rely on cold rooms, which are significant alternatives to smaller refrigerated spaces and offer considerable control and flexibility. Pharmaceutical products have special storage grades to maintain blood, vaccines, and biopharmaceuticals.
Latin America significantly produces agricultural and food products, including fruits, vegetables, meat, dairy, and seafood. Refrigerated warehousing is essential to store, preserve, and distribute these perishable products to local and international markets. Many Latin American countries are significant exporters of agricultural and food products. Refrigerated storage facilities are required to meet international quality and safety standards and comply with export regulations. As Latin American economies grow and lifestyles change, consumer preferences shift toward processed, convenient, and temperature-sensitive food products. This trend has increased the demand for refrigerated warehousing. The market will grow due to the aforementioned factors in this region.
The Brazil market dominated the LAMEA Refrigerated Warehousing Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,305.8 million by 2030. The Argentina market is exhibiting a CAGR of 19.4% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 18.4% during (2023 - 2030).
Based on Application, the market is segmented into Food & Beverages, (Fish, Meat, & Seafood, Bakery & Confectionary, Fruits & Vegetables, Processed Food, Dairy Products, Fruit Pulp & Concentrates, and Others), Pharmaceuticals, (Vaccines, Blood Banking and Others) and Others. Based on Temperature Range, the market is segmented into Frozen (-18°C to -25°C), Chilled (0°C to 15°C), and Deep-frozen (Below -25°C). Based on Type, the market is segmented into Public and Private & Semi-Private. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Refrigerated Warehousing Market is Projected to reach USD 281.8 Billion by 2030, at a CAGR of 16.5%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Lineage Logistics Holdings, LLC, Americold Realty Trust, Inc, Burris Logistics, Tippmann Group, Nichirei Corporation, Conestoga Cold Storage, NewCold Cooperatief UA, United States Cold Storage, Inc. (Swire Pacific Limited), FreezPak Logistics and Confederation Freezers.
By Application
By Temperature Range
By Type
By Country
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