The United States cold storage market plays a vital role in supporting the country’s growing demand for perishable food and pharmaceutical products. In 2024, the market reached a value of approximately USD 18.77 billion, driven by the increasing need for temperature-controlled warehousing and distribution. The demand for frozen and chilled food, along with the rise of e-commerce grocery delivery services, has significantly expanded the market’s scope. Additionally, the pharmaceutical sector’s reliance on cold storage for vaccines, biologics, and other temperature-sensitive drugs continues to boost industry growth.

United States Cold Storage Market Size

The U.S. cold storage market size was valued at around USD 18.77 billion in 2024 and is projected to grow at a CAGR of 4.30% during 2025–2034, reaching nearly USD 28.60 billion by 2034. The expansion of food retail chains, rising consumption of frozen foods, and growth in organized logistics networks are contributing to the market’s steady progress. Technological innovations such as automation, artificial intelligence (AI), and IoT-based temperature monitoring systems are further enhancing operational efficiency and safety in cold storage facilities across the country.

United States Cold Storage Market Trends

Several key trends are shaping the U.S. cold storage market landscape:

  • Growing demand for online grocery delivery: The surge in e-commerce platforms offering perishable goods has led to higher investments in cold chain logistics.

  • Technological modernization: Facilities are increasingly adopting automated storage and retrieval systems (AS/RS), AI-based warehouse management, and energy-efficient refrigeration units.

  • Sustainability focus: Companies are investing in eco-friendly refrigerants and renewable energy solutions to reduce carbon footprints.

  • Expansion of pharmaceutical cold chain: The rise in temperature-sensitive biologics and vaccines has driven the need for specialized medical cold storage solutions.

  • Strategic mergers and acquisitions: Leading market players are expanding capacity and geographic reach through partnerships and acquisitions.

United States Cold Storage Market Growth

The growth of the U.S. cold storage market is largely driven by urbanization, changing dietary habits, and increasing disposable income. Consumers are shifting toward convenience and ready-to-eat meals, boosting the demand for frozen food storage. Additionally, stringent regulations from the U.S. Food and Drug Administration (FDA) regarding the safe handling and storage of perishable goods have compelled manufacturers and distributors to invest in high-quality cold storage infrastructure. The market also benefits from the development of advanced logistics networks and strategic warehouse locations near key distribution hubs.

United States Cold Storage Market Forecast (2025–2034)

The U.S. cold storage market is projected to maintain stable growth over the next decade, reaching USD 28.60 billion by 2034. The forecast period is expected to witness a rapid digital transformation in cold chain management, with increasing adoption of data analytics, blockchain, and cloud-based systems for real-time inventory tracking. The demand for energy-efficient cold storage solutions will also rise, as sustainability becomes a key consideration for logistics operators. Moreover, the growing influence of food and pharmaceutical exports is likely to further strengthen the cold storage infrastructure in the United States.

Competitive Landscape

The U.S. cold storage market features a competitive environment with several major players investing in capacity expansion, technological upgrades, and service diversification. Key companies operating in the market include:

  • Americold Logistics LLC – One of the largest providers of temperature-controlled warehousing and logistics solutions, focusing on innovation and network expansion.

  • Agro Merchant Group LLC – Offers multi-temperature storage and value-added logistics services across major U.S. markets.

  • Burris Logistics, Inc. – Specializes in custom cold chain logistics and supply chain management for retail and food service sectors.

  • Lineage Logistics Holdings, LLC – A leading global cold storage company, known for its extensive network, advanced automation, and sustainability initiatives.

  • Others – Include regional players and specialized operators contributing to market diversity and service flexibility