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 demand for processed, canned, and easy-to-prepare food items is growing, driven by a rising population, increasing urbanization, higher disposable incomes, and the demands of busy lifestyles. These convenience foods need proper storage to stay edible. The undeniable importance of cold storage facilities comes from the fact that processed foods can spoil quickly if not kept well. Maintaining optimal temperatures and correct storage conditions is vital for extending their shelf life. Over the years, consumer lifestyles have drastically changed, and the increasing number of working people is a key driver for the cold storage market. Additionally, more marketing for processed food is drawing in younger generations. This rising demand for canned and processed food is significantly boosting the need for cold storage facilities worldwide. For example, in 2021, Germany's food processing sector generated around US$ 203 billion in revenue, making up 5.8% of the country's GDP. The top subsectors by value were meat (24%), dairy (15.5%), bakery (9.4%), confectionery and long-life bakery products (7.8%), and processed fruits and vegetables (6.3%). Thus, consumers' growing preference for processed food is a major driver 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 seen a positive impact from an increasing population, rising consumer income, and a growing preference for processed and canned food. The popularity and crucial role of cold storage facilities have soared recently due to increased spending on convenience and frozen food, probiotics, pharmaceuticals, and fresh produce. Many industries, like food & beverages, pharmaceuticals, and chemicals, rely on cold storage to preserve their products. In the food industry, the huge demand for frozen and fresh foods has made cold storage facilities vital for keeping products fresh and preventing spoilage. The pharmaceutical industry depends heavily on cold storage to keep temperature-controlled vaccines and drugs effective.

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