Chile Cold Chain Logistics Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 301.69 Million |
| Market Size (2029) | USD 566.92 Million |
| CAGR (2024 - 2029) | 13.45 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Chile Cold Chain Logistics Market Analysis
The Chile Cold Chain Logistics Market size is estimated at USD 301.69 million in 2024, and is expected to reach USD 566.92 million by 2029, growing at a CAGR of 13.45% during the forecast period (2024-2029).
The increasing demand from the horticulture industry drives the market. Furthermore, the demand is driven by the country's growing e-commerce sector. Applicable data stresses the need for diligence to apply timely logistics and technological results for correct and effective operations that allow them to meet customers' requirements, whether they're companies or individuals, as vital to the business's substance. Thus, commerce, online companies, and retailers in general who want to carry out cross-border e-commerce operations and vend their products both inside and outside their borders bear mates who know the tricks of the different requests, the conditions of international trade and who offer comprehensive, scalable results acclimated to each country. They can also efficiently manage their force chain for further streamlined procedures and smoother service.
Most cherries are gathered and exported from Latin America. Chile is the most prominent patron, and China is the primary importer, entering over 85 of Chile's cherry exports. When exporting fresh fruits and vegetables similar to cherries, the main thing is for directors to secure the topmost value from their crop. This demands an end-to-end cold chain that handles the unique product conditions of the fruit and effectively works within the fruit's short crop season of late November to February. To ensure the most stylish possible cold chain service, Maersk developed a specific cold chain result acclimatized to the requirements of Chilean cherry directors – the Cherry Express service. The result is designed to expedite the transport of cherry exports. It's a wholly integrated, end-to-end logistics and transportation result that's presto, well-planned, and intended to deliver cherries to China and other global requests seamlessly. For the Chilean cherries, the cold chain starts in Teno, the core of Chile's cherry product region. The cherries are precisely handled as they move from vineyards to original quilting houses, where they're gutted, sorted, and packaged. Maersk reefers loaded with cherry boxes are hauled overland by road or rail to the San Antonio harborage and loaded onto an Ocean Cherry Express vessel. The conveyance is only 21 days to China – the fastest in the assiduity – with zero divagation in ETA. The Fresh Pass platoon precisely pre-planned each link in the cold chain to ensure a flawless end-to-end trip. This specialized Maersk service for reefer guests features expert vessel logistics collaboration, including booking and attestation for all parties to a perishable’s payload.
Chile Cold Chain Logistics Market Trends
Growth Of E-commerce Driving The Market
Chile proudly claims to have several advantages in the retail market, including its well-established domestic retailers and an active food and foodstuff processing sector mainly exported. Chile is home to some of Latin America's leading e-commerce players, thanks to an aggressive expansion by significant retailers in neighboring countries such as Argentina, Brazil, Mexico, and Peru. Likewise, Chile's vast network of free-trade agreements with the most prominent global farming companies has opened consumer goods markets to foreign participation and kept the cost of imported goods low.
The retail market in Chile is primarily dominated by Walmart, Cencosud, and Falabella, with Walmart leading the hypermarket member and the other two companies operating department stores, supermarkets, home enhancement stores, and shopping promenades across South America. Shopping promenades have become decreasingly popular among Chilean consumers, who traditionally prefer to shop at original convenience stores. Still, the impact of the COVID-19 pandemic led to an increased focus on perfecting digital presence and logistics capabilities among retailers, with expansions and store upgrades anticipated to occur later in the forecast period.
Its digital portmanteau, Mercado Pago, Libre, enabled crypto trading in Chile in March 2023. People of Mercado Pago in Chile can trade bitcoin( BTC) and ether (ETH) with a minimal quantum of 50 Chilean pesos( original to about 6 cents). Mercado Pago is offering the trading point in cooperation with Latin American crypto company Ripio.
Growth In Horticulture Production Driving The Market
After frost affected the 2022 crop, Chilean citrus products and exports should bounce back in a big way in 2023, a new USDA report predicts. U.S. significances of Chilean citrus are most active from May through November. From November 2021 through October 2022, U.S. significances of Chilean citrus were valued at USD 328.5 million, down about 20 from the same period the former time, USDA trade statistics reveal. Chilean citrus yields in 2022 dropped due to frost during the downtime in the Valparaíso, Metropolitana, and O’Higgins regions. Because of the frost, the USDA Foreign Agricultural Service Santiago office estimated lemon products at 140,000 metric tons in the 2022 marketing season, down 30 from the former.
For 2023, the USDA report said Chilean lemon products should bounce back to 200,000 metric tons, assuming average yields. Lemon realty is estimated at 21,000 in Chile in 2023, up 5.7 from 2022 and more than 40 from 2016. In 2023, Chilean exports of failures are anticipated to reach 100,000 metric tons, over 60,000 metric tons in 2022. The bomb marketing time starts in April, with the bulk of exports between June and September. The U.S. is the top request for Chilean failures, taking about 65,682 metric tons in 2021, or about 65 of total Chilean bomb exports. According to the report, Chilean orange products for 2023 will increase to 200,000 metric tons, up 22 from 164,000 metric tons in 2022. The report estimates the planted area of Chilean oranges to be 15,814 acres in 2023, which is up 0.5 from 2022.
Central Chile is the primary growing region for oranges, with the Metropolitana region accounting for 39.3 percent of the orange area planted and the O’Higgins region representing 31 percent. According to the report, Chilean orange exports will reach a total of 105,000 metric tons in 2023, up further than 20% from 2022. The report said that Chile’s orange marketing times start in April, with the bulk of fruit packed between July and September. The report said the U.S. is the leading import destination for Chilean oranges. According to the report, Mandarin citrus products in Chile will jump 39.4 in 2023 to 237,000 metric tons. The planted area for bureaucrats was estimated at close to 33,400 acres in 2023, over from 27,600 acres in 2022.
Chile Cold Chain Logistics Industry Overview
Chile's cold chain logistics landscape is fragmented, with a mix of global and local players. Most import and export products must be monitored in refrigerated transport. Due to technological developments, companies are expanding their market presence by developing new methods to manage cold chain logistics. Some of the key players in the market include Emergent LatAm, Megafrio, Frio Romeral, Transportes Nazar, and Friofort, among others. The market started reviving from the pandemic by growing positively post-pandemic. Chile has several free trade agreements (FTAs) with Canada, Mexico, South Korea, the United States, and the EU.
Chile Cold Chain Logistics Market Leaders
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Megafrio Chile
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Frio Romeral Limitada
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Empresas Taylor
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Transportes Nazar
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Friofort SA
*Disclaimer: Major Players sorted in no particular order
Chile Cold Chain Logistics Market News
June 2023: Emergent Cold Latin America announced the acquisition of Hook Chile, a prominent driver in the country’s salmon industry and food importer. Hook Chile operates two high-quality installations with fresh land for unborn expansions that could double the living capacity. First is a pallet storehouse in San Antonio, strategically located near the Port of San Antonio and the roadways connecting Chile’s main metropolitan areas.
February 2023: Emergent Cold Latin America, a growing refrigerated storehouse and logistics service provider, announced the acquisition of Multifrigo, a leading driver in Santiago – Chile’s capital and largest megacity. Emergent Cold LatAm also blazoned plans to expand Multifrigo’s central automated installation in El Olivo to 35,000 pallet positions or triple its current size, creating fresh capacity and service immolations.
Chile Cold Chain Logistics Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Current Market Scenario
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4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.1.1 Growing Fruit Exports
- 4.2.2 Restraints
- 4.2.2.1 Challenges of First Mile Distribution in Chile
- 4.2.3 Opportunities
- 4.2.3.1 Increasing Frozen Food Popularity
- 4.3 Technological Trends and Automation
- 4.4 Government Regulations and Initiatives
- 4.5 Industry Value Chain/Supply Chain Analysis
- 4.6 Spotlight on Ambient/Temperature-controlled Storage
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4.7 Industry Attractiveness - Porter's Five Forces Analysis
- 4.7.1 Bargaining Power of Suppliers
- 4.7.2 Bargaining Power of Buyers/Consumers
- 4.7.3 Threat of New Entrants
- 4.7.4 Threat of Substitute Products
- 4.7.5 Intensity of Competitive Rivalry
- 4.8 Impact of Emission Standards and Regulations on the Cold Chain Industry
- 4.9 Impact of the COVID-19 Pandemic on the Market
5. MARKET SEGMENTATION
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5.1 Service
- 5.1.1 Storage
- 5.1.2 Transportation
- 5.1.3 Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.)
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5.2 Temperature
- 5.2.1 Chilled
- 5.2.2 Frozen
- 5.2.3 Ambient
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5.3 End User
- 5.3.1 Horticulture (Fresh Fruits and Vegetables)
- 5.3.2 Dairy Products (Milk, Ice Cream, Butter, etc.)
- 5.3.3 Meat, Fish, and Poultry
- 5.3.4 Processed Food Products
- 5.3.5 Pharma, Life Sciences, and Chemicals
- 5.3.6 Other End Users
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 Emergent Cold LatAm
- 6.2.2 Megafrio Chile SA
- 6.2.3 Empresas Taylor
- 6.2.4 Transportes Nazar
- 6.2.5 Friofort SA
- 6.2.6 Frigorifico Pravia
- 6.2.7 Frigorificos Puerto Montt
- 6.2.8 Tudefrigo SA
- 6.2.9 TIBA Chile
- 6.2.10 Ceva Logistics*
- *List Not Exhaustive
- 6.3 Other Companies
7. FUTURE OF THE MARKET
8. APPENDIX
- 8.1 Macroeconomic Indicators (GDP Distribution by Activity, Contribution of the Transport and Storage Sector to the Economy)
- 8.2 Insights into Capital Flows (investments in the Transport and Storage Sector)
- 8.3 External Trade Statistics - Export and Import by Product and by Destination/Origin
Chile Cold Chain Logistics Industry Segmentation
The technology and mechanism that allows for the secure delivery of temperature-sensitive goods and items along the supply chain are known as cold chain logistics. Any product that is perishable or is branded as such would almost certainly need cold chain management. A complete background analysis of Chile's cold chain logistics market, including the assessment of the economy and contribution of sectors in the economy, a market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics and geographical trends, and COVID-19 impact, is covered in the report.
Chile's cold chain logistics market is segmented by service (storage, transportation, and value-added services), temperature type (chilled, frozen, and ambient), and end-user (horticulture ((fresh fruits and vegetables), dairy products (milk, ice cream, butter, etc.); meat, fish, and poultry; processed food products; pharma, life sciences, chemicals; and other end users). The report offers market size and forecasts for all the above segments in value (USD).
| Service | Storage |
| Transportation | |
| Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.) | |
| Temperature | Chilled |
| Frozen | |
| Ambient | |
| End User | Horticulture (Fresh Fruits and Vegetables) |
| Dairy Products (Milk, Ice Cream, Butter, etc.) | |
| Meat, Fish, and Poultry | |
| Processed Food Products | |
| Pharma, Life Sciences, and Chemicals | |
| Other End Users |
Chile Cold Chain Logistics Market Research FAQs
How big is the Chile Cold Chain Logistics Market?
The Chile Cold Chain Logistics Market size is expected to reach USD 301.69 million in 2024 and grow at a CAGR of 13.45% to reach USD 566.92 million by 2029.
What is the current Chile Cold Chain Logistics Market size?
In 2024, the Chile Cold Chain Logistics Market size is expected to reach USD 301.69 million.
Who are the key players in Chile Cold Chain Logistics Market?
Megafrio Chile, Frio Romeral Limitada, Empresas Taylor, Transportes Nazar and Friofort SA are the major companies operating in the Chile Cold Chain Logistics Market.
What years does this Chile Cold Chain Logistics Market cover, and what was the market size in 2023?
In 2023, the Chile Cold Chain Logistics Market size was estimated at USD 261.11 million. The report covers the Chile Cold Chain Logistics Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Chile Cold Chain Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Chile Cold Chain Logistics Industry Report
The Chile Cold Chain Logistics Market is experiencing significant growth, driven by various factors. The market size is expanding, and the industry report provides a detailed industry analysis, highlighting key trends and developments. The global market dynamics are influencing the local industry, with market share being distributed among the largest companies.
The market analysis indicates a positive market growth, supported by a favorable market outlook. The industry research points to an increase in industry sales, with the market forecast predicting continued expansion. The market overview offers insights into market segmentation, revealing the diverse applications of cold chain logistics in sectors such as horticulture, dairy products, meat, fish, poultry, processed food products, pharma, life sciences, and chemicals.
The industry information and industry statistics underscore the importance of value-added services, transportation, and storage in the cold chain logistics market. The industry trends show a shift towards more efficient and reliable logistics solutions, ensuring the safe and timely delivery of temperature-sensitive products.
The report example and report pdf provide comprehensive market data, including market value and market predictions. Research companies have contributed to the industry outlook, offering valuable insights into market leaders and their strategies. The market review emphasizes the importance of maintaining a robust cold chain infrastructure to support the growing demand.
In summary, the Chile Cold Chain Logistics Market is poised for substantial growth, with industry reports and market research indicating a promising future. The market segmentation and market forecast highlight the potential for further development, driven by advancements in technology and increasing demand for high-quality logistics services.
