Cold Chain Market
The cold chain market encompasses the temperature-controlled supply chain, including storage, transportation, and monitoring, for perishable goods. Key customers are businesses in the food and beverage and pharmaceutical sectors. The market's significant growth is driven by escalating international trade of perishable items, rising consumer demand for fresh products, and technological innovations like IoT-enabled monitoring systems.
CAGR
19.4%
Compound Annual Growth Rate
Current Value
$540.4B
Estimated 2026
Projected Value
$2.23T
By 2034
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