According to a research report "Germany Cold Chain Market by Type (Refrigerated Warehouse and Transportation), Temperature Type (Chilled and Frozen), Application (Dairy & Frozen Desserts, Fish, Meat & Seafood, Fruits & Vegetables, Bakery & Confectionery) and Region - Global Forecast to 2028:, published by MarketsandMarkets, Germany Cold Chain Market to Grow at a CAGR 5.7% from 2023 to 2028.
Major imports and exports of agricultural products to drive market
Germany's robust agricultural sector and position as a leading exporter of perishable goods, such as fruits, vegetables, meat, and dairy products, have led to the development of a well-established and efficient cold chain infrastructure. The country's strategic location in Europe enhances its prominence in the cold chain market, serving as a vital transit point for goods across the continent and bolstering international trade. Germany's emphasis on quality and reliability that has led to significant investments in cold chain logistics, such as advanced refrigeration technologies, temperature-controlled warehouses, and transportation systems. Germany's commitment to eco-friendly practices has also extended to the food sector, as businesses recognize the importance of minimizing food waste, reducing energy consumption, and lowering carbon emissions.
Germany's diverse culinary culture and consumer demand for a wide range of food products throughout the year require a reliable and well-maintained cold chain infrastructure. The country imports a substantial amount of fruits, vegetables, and seafood from various regions, relying on a robust cold chain network to ensure the freshness and quality of these imported goods. Germany's fragmented food and beverage industry presents opportunities for overseas investors to access the market, distribution channels, and technological capabilities.
According to the CBI Ministry of Foreign Affairs 2022, Germany is the third-biggest importer of frozen vegetables in the world (after the United States and Japan), and the largest in Europe. It also plays a significant role as a major food exporter to the UK, accounting for approximately 14% of its major food and drink imports. Following Brexit, food and beverage exports to the UK will require substantial refrigerated transportation vehicles to mitigate the impact of rising tariffs and delays at customs checkpoints. Evolving consumer preferences, influenced by health-related concerns and the desire for healthier food options, have also impacted the frozen food market and cold chain market. Consumers place great importance on the quality, taste, and freshness of their food and beverages, driving the need for efficient cold chain solutions to meet these demands.
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