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Stock impact report

Cold Storage Construction Market To Reach USD 43.4 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]

Americold Realty Trust, Inc. (COLD) 
Last americold realty trust, inc. earnings: 2/20 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.americold.com
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, Feb. 08, 2024 (GLOBE NEWSWIRE) -- The Cold Storage Construction Market size was valued at USD 11.8 Billion in 2022 and is anticipated to reach USD 43.4 Billion by 2032 at a CAGR of 14.1%. Cold storage facilities are designed to preserve perishable items such as fruits, vegetables, meat, and frozen foods. They are also utilized to store various pharmaceutical products, chemicals, temperature-sensitive tech components, and live plants during transportation. These storage spaces are essential for maintaining the quality of these products by keeping them at the required temperature. The rising demand for perishable food items like fruits, vegetables, and meat significantly contributes to the market. People prefer consuming these food items as they are rich in nutrients and vitamins, thus providing benefits to the consumer. However, the perishable nature of these food items makes them vulnerable to spoilage. Cold storage facilities effectively reduce this risk Show less Read more
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