US Food in Demand Series: Cold Storage Development Opportunities Heat Up
September 25, 2019
The growth of online grocery sales has stoked demand for additional cold storage warehousing space in the U.S., but the cost and complexity of constructing cold storage facilities might make meeting that demand challenging. The anticipated rise in cold storage construction will spur subtle changes in how and where the facilities are built.
As detailed in the first report of this series, Cold Storage Logistics Unpacked , there is heightened demand for cold storage capacity in the U.S., driven by growing online grocery sales (up 24% in the past five years, according to the U.S. Census Bureau) and the increased outsourcing of food storage and distribution.
This second report in the series details the complexities of constructing cold storage warehouses and anticipated shifts in the market to accommodate increased demand.