Spain Cold Chain Logistics Market Size, Share, and COVID-19 Impact Analysis, By Type (Storage, Transportation, Packaging, and Monitoring Components), By Temperature Range (Chilled (0 to 15°C), Frozen (-18 to -25°C), and Deep Frozen (Below -25°C)), By Application (Food & Beverages, Pharmaceuticals, and Others), and Spain Cold Chain Logistics Market Insights, Industry Trend, Forecasts to 2033

Spain Cold Chain Logistics Market Insights Forecasts to 2033

• The Spain Cold Chain Logistics Market Size was valued at USD 5.15 Billion in 2023.
• The Spain Cold Chain Logistics Market is growing at a CAGR of 10.16% from 2023 to 2033
• The Spain Cold Chain Logistics Market Size is expected to reach USD 13.55 Billion by 2033

The Spain Cold Chain Logistics Market is anticipated to exceed USD 13.55 Billion by 2033, growing at a CAGR of 10.16% from 2023 to 2033. The growing demand for perishable goods and growth in the e-commerce industry are driving the growth of the cold chain logistics market in the Spain.     

Market Overview

The cold chain logistics market is an industry comprised of the transportation and storage of temperature-sensitive products, such as perishable food items, pharmaceuticals, and chemicals, under controlled conditions to maintain their integrity and quality. Cold chain logistic refers to the specialized handling, storage, and transportation of temperature-sensitive products, such as food, pharmaceuticals, and chemicals. It helps to maintain product quality, safety, and efficacy throughout the supply chain. Fresh agricultural product, seafood, frozen food, photographic film, chemicals, and pharmaceutical products are some of the common products also called cool cargo distributed in cold chains. The growing demand for effective cold chain logistics to maintain quality, minimize waste, and prolong shelf life of fresh products, dairy items, frozen goods, and seafood. The improvements in refrigeration, real-time temperature tracking, and automation in cold chain logistics enhances the operational efficiency and reducing the chances of spoilage. The trend of buying perishable goods along with the growing online platforms are offering market opportunities for cold chain logistics.

Report Coverage

This research report categorizes the market for the Spain cold chain logistics market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Spain cold chain logistics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Spain cold chain logistics market.

Driving Factors

The growth in the perishable goods transportation owing to the advent of cloud-cloud based services and real-time monitoring facilities is driving the cold chain logistics market demand. The growth in the e-commerce which is shaping cold chain logistics contributes to drive the market growth. As online shopping becomes the norm, particularly for groceries and ready-to-eat meals, the need for efficient cold chain solutions has never been more critical. The surging need for efficient solutions for maintaining product quality and safety is propelling the market demand.

Restraining Factors

The higher capital investment and infrastructure limitations are challenging the cold chain logistics market. Further, the regulatory complexities and risk of supply chain disruptions are hindering the market growth.

Market Segmentation

The Spain cold chain logistics market share is classified into type, temperature range, and application.

• The storage segment is dominating the market with the largest revenue share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

The Spain cold chain logistics market is segmented by type into storage, transportation, packaging, and monitoring components. Among these, the storage segment is dominating the market with the largest revenue share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The facilities include refrigerated warehouses and cold rooms. The storage segment of cold chain logistics are crucial for maintaining temperature and quality of perishable goods.

• The frozen (-18 to -25°C) segment is dominating the Spain cold chain logistics market with the largest share in 2023 and is expected to grow at a significant CAGR during the predicted timeframe.

The Spain cold chain logistics market is segmented by temperature range into chilled (0 to 15°C), frozen (-18 to -25°C), and deep frozen (below -25°C). Among these, the frozen (-18 to -25°C) segment is dominating the Spain cold chain logistics market with the largest share in 2023 and is expected to grow at a significant CAGR during the predicted timeframe. Poultry, cakes & bread, and meat are some of the products that drives the need frozen temperature for storage. The availability of cold chain logistics for frozen temperature ranges propel the market.

• The food & beverages segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the predicted timeframe.

The Spain cold chain logistics market is segmented by application into food & beverages, pharmaceuticals, and others. Among these, the food & beverages segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the predicted timeframe. Cold chain logistics services enables food producers to manage changing seasonal demand by carefully controlling temperatures. The advancements in storage, packaging, and processing of perishable goods especially seafood is driving the market growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Spain cold chain logistics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Frigorifics Gelada SL
• Frimercat
• Ferro-Montajes Albacete SCL De Balazote
• Eurocruz
• Frillemena SA
• Frigorificos De Toedo SA
• Frigel SL
• Frigorificos SOLY
• Frigorificos Sanchidrian
• Asgasa Servicios Frigorificos
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2024, Logistics company ESP Solutions, owned, among others, by the British investment firm Blantyre Capital, has partnered with the Canadian firm Brookfield and the real estate developer Logistik Service to implement a logistics project in Murcia.

Market Segment

This study forecasts revenue at Spain, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Spain cold chain logistics market based on the below-mentioned segments:

Spain Cold Chain Logistics Market, By Type

• Storage
• Transportation
• Packaging
• Monitoring Components

Spain Cold Chain Logistics Market, By Temperature Range

• Chilled (0 to 15°C)
• Frozen (-18 to -25°C)
• Deep Frozen (Below -25°C)

Spain Cold Chain Logistics Market, By Application

• Food & Beverages
• Pharmaceuticals
• Others