According to a new report by Expert Market Research titled, “United Kingdom Cold Chain Logistics Market Share, Size, Report and Forecast 2023-2028″, the United Kingdom cold chain logistics market size reached a value of USD 6.87 billion in 2022. Aided by the escalating demand for fresh food products and the growing penetration of e-commerce in the grocery sector, the market is projected to further grow at a CAGR of 6.70% between 2023 and 2028 to reach a value of USD 10.12 billion by 2028.
Cold chain logistics involves the transportation of temperature-sensitive products along a supply chain through thermal and refrigerated packaging methods and logistical planning to protect the integrity of these shipments. There are several types of products that require cold chain logistics, including dairy products, fresh fruits and vegetables, fish, meat, and seafood, along with pharmaceutical products. This system plays a critical role in preventing spoilage and maintaining the quality of products until they reach the end consumer.
The accelerating consumer preference for fresh and high-quality food products is driving the United Kingdom cold chain logistics market growth. With rising awareness of the health benefits associated with the consumption of fresh produce, there has been a significant shift towards such products, leading to a surge in demand for efficient cold chain logistics. Moreover, the growing trend of online grocery shopping, catalysed by the convenience of home deliveries and wide product availability, has further enhanced the demand for cold chain logistics, as these services are crucial for the transportation of perishable items.
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The broadening application of cold chain logistics in various sectors is also a major factor propelling the United Kingdom cold chain logistics market demand. In the pharmaceutical industry, cold chain logistics is essential for the transportation of vaccines, biologic drugs, and other temperature-sensitive pharmaceutical products, maintaining their efficacy and safety. Similarly, the cosmetic industry relies on cold chain logistics to preserve the integrity of certain skincare products that are sensitive to temperature changes.
Moreover, the increasing emphasis on reducing food waste has led to an expanded focus on cold chain logistics as an effective solution. As per the Food and Agriculture Organisation (FAO), approximately one-third of the food produced for human consumption is wasted globally. In this context, cold chain logistics can significantly minimise post-harvest losses by ensuring optimal storage conditions during transit, thereby boosting the United Kingdom cold chain logistics market expansion.
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The market can be divided based on services, temperature type, and application.
Market Breakup by Services
• Value Added Services
Market Breakup by Temperature Type
Market Breakup by Application
• Dairy Products
• Meats, Fish, Poultry
• Pharma, Life Sciences, and Chemicals
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the United Kingdom cold chain logistics companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• Lineage Logistics Holdings, LLC
• Culina Logistics Limited
• NewCold Cooperative UA
• FreshLinc Limited
• Kerry Logistics Network Limited
• Americold Logistics, Inc.
• Seafast Logistics PLC
• Blacksmith Freight Ltd
• AH United Kingdom Holdco 1 Limited
• Cool Cargo United Kingdom
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