LINEAGE LOGISTICS HOLDING, Americold and John Swire & Sons (H.K.) Ltd. dominated the U.S. Refrigerated Warehousing Market in 2021

U.S. Refrigerated Warehousing Market is expected to grow with the CAGR of 4.8% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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U.S. 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 U.S. 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 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 August 2020, Americold acquired a 3.2 million cubic foot cold storage facility in Florida for USD 25 million and an AM-C warehouse a 13.8 million cubic feet cold storage for USD 82.5 million. This acquisition aimed to expand the company presence in Florida and Texas

LINEAGE LOGISTICS HOLDING, LLC is the dominating player in the U.S. 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.

  • In August 2020, Americold acquired a 3.2 million cubic foot cold storage facility in Florida for USD 25 million and an AM-C warehouse a 13.8 million cubic feet cold storage for USD 82.5 million. This acquisition aimed to expand the company presence in Florida and Texas.

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.