LINEAGE LOGISTICS HOLDING, LLC and Americold, dominated the Canada Refrigerated Warehousing Market in 2021

Canada Refrigerated Warehousing Market is expected to grow with the CAGR of 4.4% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Canada refrigerated warehousing market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenario.

The major players dealing in Canada refrigerated warehousing market are introducing a wide range of products provided along with adopting strategic initiatives such as publications, acquisitions, business expansions, and awards and recognitions into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In May 2021, Congebec announced to expand their temperature-controlled food storage facility in Mississauga from 170,000 sq. ft. to 232,600 sq. ft. and increasing their storage capacity by 12,000 pallets. This will help the company in gaining more revenue in the coming future
  • In July 2020, LINEAGE LOGISTICS HOLDING, LLC acquired Ontario Refrigerated Services, Inc., a family operated cold-storage company that offer temperature controlled space in the Greater Toronto. This acquisition helped the company in expanding their footprints in the Canadian market
  • In July 2018, CONESTOGA COLD STORAGE announced to expand their business by building automated refrigerated facility in Kitchener, Canada.  It will have a capacity of 10,000 pallets of frozen goods in 3.5 million cubic feet. The aim of the expansion is to gain more revenue when the construction is complete

LINEAGE LOGISTICS HOLDING, LLC is the dominating player in the Canada refrigerated warehousing market . The other key players existing in the market are Trenton Cold Storage, Delta Pacific Seafoods, Cold Storage Inc., Iceberg Cold Storage, CONESTOGA COLD STORAGE, Kloosterboer, Congebec, Americold and among others.

 LINEAGE LOGISTICS HOLDING, LLC

LINEAGE LOGISTICS HOLDING, LLC was founded in 1885 and is headquartered in Michigan, U.S. The company focuses to offering cold storage facility for food manufacturers through their sophisticated network. The company offers various services under the service category store food, move food, prepare food from which store food is the market focused category.

For instance,

  • In July 2020, LINEAGE LOGISTICS HOLDING, LLC acquired Ontario Refrigerated Services, Inc., a family operated cold-storage company that offer temperature controlled space in the Greater Toronto. This acquisition helped the company in expanding their footprints in the Canadian market.

The company has wide presence across North America, South America, Middle East and Africa, Asia-Pacific, Europe. They have many certifications like SQF Certificate, GDP Audit Certificate, BRC Certificate, ISO 9001:2000. Its subsidiaries are Preferred Freezer Services, LLC, Emergent Cold LLC, Harry Yearsley Ltd (U.K.), Van Tuyl Logistics among others.

Americold

Americold has it’s headquartered in Georgia, U.S. The company is focuses on providing innovative and customized temperature-controlled infrastructure and supply chain solution for retailers, producers, and food service providers. The company offers various business segments such as rent, storage and warehouse services, third-party managed services, transportation services in which rent, storage and warehouse services is the market focused segment, the service categories public warehouses, customer-advantaged site, port facilities, regional consolidation centers, customer-dedicated (managed) site, these are the market focused category.

The company has wide presence across North America, South America, Middle East and Africa, Asia-Pacific, Europe. Its subsidiaries are Coldco Logistics West LLC, Americold Australia Pty Ltd (Australia), Americold Realty Operating Partnership L.P., Americold Logistics Hong Kong Limited (Hong Kong), Cloverleaf Cold Storage LLC among others.

John Swire & Sons (H.K.) Ltd.

John Swire & Sons (H.K.) Ltd. established in 1816 and has it’s headquartered in England, U.K. The company is focuses on offering variety of services including temperature controlled storage facilities and responsible for formulating and directing overall group strategy. The company offers various business segments such as Property, Aviation, Beverages & Food Chain, Marine Services, Trading & Industrial, Swire Investments in which Beverages & Food Chain is the market focused segment, the service categories are Beverages Ingredients, Beverages, Cold Storage, Manufacturing & Distribution, among them Cold Storage are the market focused service category.

The company has wide presence across North America, Latin America, Middle East and Africa, Asia-Pacific, Europe.