Cold Chain Monitoring Market to Cross US$ 15.65 billion Revenues at a CAGR of 14.20% by 2030-end

Cold Chain Monitoring Market Forecast to 2030

The global cold chain monitoring market is expected to grow from US$ 5.2 billion in 2021 to US$ 15.65 billion by 2030, at a CAGR of 14.20% during the forecast period 2022-2030. 

The Cold Chain Monitoring Market is a rapidly growing industry that is becoming increasingly important in the global economy. The cold chain refers to the temperature-controlled supply chain that is used to transport and store temperature-sensitive products, such as pharmaceuticals, medical devices, chemicals, and food products. Cold chain monitoring involves the use of specialized equipment and technologies to ensure that these products are kept at the appropriate temperature throughout the entire supply chain.

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There are several factors driving the growth of the Cold Chain Monitoring Market. One of the key drivers is the increasing demand for temperature-sensitive products, such as vaccines and medical treatments, as well as the growing awareness of the importance of maintaining the quality and safety of these products. Additionally, the rise of e-commerce and the increasing global trade of temperature-sensitive goods has also contributed to the growth of the market.

Key Companies- 

Examples of some of the market participants identified across the value chain include,

• Preferred Freezer Services
• Americold Logistics
• Lineage Logistics Holding LLC
• Burris Logistics
• Nichirei Logistics Group Inc
• Cloverleaf Cold Storage
• AGRO Merchants Group, LLC
• Swire Cold Storage Ltd
• Kloosterboer Group
• Interstate Cold Storage Inc. and more

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

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The Cold Chain Monitoring Market is segmented based on the type of product being transported, the type of monitoring technology used, and the end-user industry. Some of the key segments of the market include pharmaceuticals, food and beverages, and chemicals. The pharmaceuticals segment is expected to be the largest and fastest-growing segment of the market due to the increasing demand for vaccines and other temperature-sensitive medical treatments.

Overall, the Cold Chain Monitoring Market is expected to experience significant growth in the coming years, driven by the increasing demand for temperature-sensitive products and the growing awareness of the importance of maintaining the quality and safety of these products throughout the supply chain.

Global Cold Chain Monitoring Market: Segmentation

By component hardware

• RFID Devices
• Data Loggers & Sensors
• Telemetry & Telematics

By type

• Transport
• Refrigerated Storage

By temperature type

• Frozen
• Chilled

By technology

• Air blown
• Eutectic

By application

• Dairy
• Vegetables
• Meat, Fish & Sea Food
• Pharmaceutical Medicines
• Fruits
• Bakery & Confectionery

By logistics

• Transportation
• Storage
• Applications

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Regional analysis includes:
• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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