Brazil Cold Chain Logistics Market Size (2024 - 2029)

The Brazil Cold Chain Logistics Market is poised for significant growth, driven by the expanding demand for refrigerated storage and logistics, particularly due to the surge in e-retailing and processed food consumption following the COVID-19 pandemic. As one of the fastest-growing economies and a key player in the global cold storage industry, Brazil is enhancing its logistics and storage capabilities to support its substantial export activities in fruits, meat, sugar, and soya beans. The government's investment in infrastructure is expected to further bolster the efficiency of the logistics supply chain, while rising per capita income is shifting consumer preferences towards packaged and refrigerated foods, thereby propelling the market's expansion.

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Market Size of Brazil Cold Chain Logistics Industry

Brazil Cold Chain Logistics Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 2.67 Billion
Market Size (2029) USD 4.31 Billion
CAGR (2024 - 2029) 10.02 %
Market Concentration Low

Major Players

Brazil Cold Chain Logistics Market Major Players

*Disclaimer: Major Players sorted in no particular order

Brazil Cold Chain Logistics Market Analysis

The Brazil Cold Chain Logistics Market size is estimated at USD 2.67 billion in 2024, and is expected to reach USD 4.31 billion by 2029, growing at a CAGR of 10.02% during the forecast period (2024-2029).

  • The COVID-19 pandemic significantly boosted the domestic e-retailing sector and the consumption of processed foods and beverages, pushing the demand for refrigerated storage spaces and logistics.
  • Brazil is one of the world's fastest-growing economies and among the top 20 markets in the world for the cold storage industry. The country has a storage capacity of about 6 million cu. m, as per the Global Cold Chain Alliance (GCCA). Brazil is a major exporter of fruits, meat, sugar, and soya beans. It is developing its cold chain logistics and storage facilities to support the expected growth in the sectors.
  • The Brazilian government allocated a budget of USD 10 billion to improve the country's infrastructure, aiding the efficiency of the logistics supply chain. The growth of the transport infrastructure and connectivity is expected to drive the growth of the market during the forecast period. With the increasing per capita income of the country, people are gradually improving their standards of living and updating their food habits with a shift to packaged, refrigerated, and readymade food items. The increasing per capita income is also fueling the overall retail grocery spending in the country. All these factors have led to an increase in the consumption of refrigerated and processed foods, which is expected to drive the cold chain logistics market over the forecast period.

Brazil Cold Chain Logistics Industry Segmentation

The cold chain logistics market involves the transportation of temperature-sensitive products along a supply chain through thermal and refrigerated packaging methods and the logistical planning to protect the integrity of these shipments. Transportation modes used are refrigerated trucks, refrigerated railcars, refrigerated cargo, and air cargo. The report provides key insights into Brazil's cold chain logistics market, including technological developments, trends, and government regulations in the sector. It also focuses on market dynamics, the competitive landscape. and profiles of active key players.

Brazil's cold chain logistics market is segmented by service (storage, transportation, and value-added services), temperature type (chilled and frozen), application (horticulture, meat, fish, poultry, processed food products, pharmaceuticals, life sciences, and chemicals, and other applications), and key cities (Sao Paulo, Rio de Janeiro, and Salvador). The report also covers the impact of COVID-19 on the market. The report offers market size and forecasts in value (USD billion) for all the above segments.

By Service
Storage
Transportation
Value-added Services (Blast Freezing, Labeling, Inventory Management, Etc.)
By Temperature Type
Chilled
Frozen
By Application
Horticulture (Fresh Fruits and Vegetables)
Meats, Fish, and Poultry
Processed Food Products
Pharmaceuticals, Life Sciences, and Chemicals
Other Applications
By Key Cities
Sao Paulo
Rio de Janeiro
Salvador
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Brazil Cold Chain Logistics Market Size Summary

The Brazilian cold chain logistics market is poised for significant growth, driven by the country's robust economic expansion and increasing demand for refrigerated storage and transportation. As one of the fastest-growing economies globally, Brazil is enhancing its cold chain infrastructure to support its status as a major exporter of perishable goods such as fruits, meat, sugar, and soybeans. The government's investment in infrastructure improvements is expected to bolster the efficiency of the logistics supply chain, aligning with the rising consumer preference for packaged and processed foods. This shift in consumer behavior, coupled with the growth in retail grocery spending, is anticipated to propel the cold chain logistics sector forward during the forecast period.

The market landscape is characterized by a mix of international and local players, with companies like Localfrio, Brado Logistica, and Comfrio leading the charge. The sector has seen innovations such as the use of drones for inventory management, enhancing productivity and inventory control. The recovery of the meat sector, particularly the resumption of beef exports to key markets like China and Russia, further underscores the importance of cold chain logistics in supporting Brazil's export ambitions. Additionally, the burgeoning e-commerce sector for food and beverages is a significant contributor to market growth, reflecting changing consumer preferences and the increasing importance of efficient logistics solutions in meeting these demands.

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Brazil Cold Chain Logistics Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Current Market Scenario

    2. 1.2 Technological Trends and Automation

    3. 1.3 Government Regulations and Initiatives

    4. 1.4 Industry Value Chain/Supply Chain Analysis

    5. 1.5 Spotlight on Ambient/Temperature-controlled Storage

    6. 1.6 Impact of Emission Standards and Regulations on the Cold Chain Logistics Industry

    7. 1.7 Market Dynamics

      1. 1.7.1 Drivers

      2. 1.7.2 Restraints

      3. 1.7.3 Opportunities

    8. 1.8 Industry Attractiveness - Porter's Five Forces Analysis

    9. 1.9 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Service

      1. 2.1.1 Storage

      2. 2.1.2 Transportation

      3. 2.1.3 Value-added Services (Blast Freezing, Labeling, Inventory Management, Etc.)

    2. 2.2 By Temperature Type

      1. 2.2.1 Chilled

      2. 2.2.2 Frozen

    3. 2.3 By Application

      1. 2.3.1 Horticulture (Fresh Fruits and Vegetables)

      2. 2.3.2 Meats, Fish, and Poultry

      3. 2.3.3 Processed Food Products

      4. 2.3.4 Pharmaceuticals, Life Sciences, and Chemicals

      5. 2.3.5 Other Applications

    4. 2.4 By Key Cities

      1. 2.4.1 Sao Paulo

      2. 2.4.2 Rio de Janeiro

      3. 2.4.3 Salvador

Brazil Cold Chain Logistics Market Size FAQs

The Brazil Cold Chain Logistics Market size is expected to reach USD 2.67 billion in 2024 and grow at a CAGR of 10.02% to reach USD 4.31 billion by 2029.

In 2024, the Brazil Cold Chain Logistics Market size is expected to reach USD 2.67 billion.

Brazil Cold Chain Logistics Market Report Snapshots

Brazil Cold Chain Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)