News / Inflationary pressures and cold chain growth driving industry consolidation

Strong cold chain logistics growth has triggered market consolidation and attracted new entrants hoping to tackle inefficiencies.

According Matteo Iagatti, senior specialist for food and agriculture supply chains at Rabobank, the cold chain industry is set for 12% annual growth up to 2024, while the top 25 players have increased storage capacity market share to 85%.

“Big players like Lineage Logistics and Americold are consolidating the sector,” he said at the Cool Logistics Global conference.

“But there is a lot of interest from ...