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Refrigerated Transport Market Share

Report ID: GMI10138
Published Date: Aug 2024
Report Format: PDF

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Refrigerated Transport Market Share

Cargill Incorporated and C.H. Robinson Worldwide, Inc. are leading players in the refrigerated transport industry, collectively holding over 7% of the market share. Cargill Incorporated holds a significant share in the refrigerated transport industry due to its vast global presence and diversified portfolio in the agricultural and food industries. As one of the largest privately held corporations in the U.S., Cargill is deeply involved in the production, processing, and distribution of a wide range of perishable goods, including meat, dairy, and agricultural products.

C.H. Robinson Worldwide, Inc. is a leading player in the refrigerated transport market, primarily due to its extensive logistics network and advanced technology solutions. As one of the largest third-party logistics providers in the world, C.H. Robinson specializes in managing and optimizing the supply chains for various industries, including food and beverage, where refrigerated transport is crucial.

Refrigerated Transport Market Companies

Major players operating in the refrigerated transport industry are:

ADM
C. R. England Inc.
C.H. Robinson Worldwide, Inc.
Cargill Incorporated
Carrier Transicold Inc.
GAH Refrigeration Ltd.
Great Dane LLC
J. B. Hunt Transport Services, Inc.
Kuehne + Nagel
Schneider National, Inc.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of refrigerated transport reached USD 125.6 billion in 2023 and is set to register over 6% CAGR between 2024 and 2032, led by increasing demand for perishable goods globally and stringent food safety regulations and compliance.

The chilled food products segment is expected to reach USD 94 billion by 2032, due to rising demand for fresh, healthy foods and advanced refrigeration technologies.

North America market accounted for 37% revenue share in 2023, owing to the U.S.'s strong agricultural production, advanced logistics, and innovative refrigeration technologies enhancing food export quality.

C.R.England Inc., C.H. Robinson Worldwide, Inc., Daikin Industries Ltd., Fenagy, Great Dane LLC, J. B. Hunt Transport Services, Inc., and Kuehne + Nagel International AG.