Cold chain Market Growth Health Infrastructure, Scope & Outlook 2029

The term "cold chain" refers to the combination of temperature-controlled surface transport and supply chain. It refers to freezing solutions designed to preserve products' quality and shelf life such as fresh agricultural produce, seafood, frozen food, photographic film, chemicals, and pharmaceutical drugs. Cold chains are critical for extending marketing periods, avoiding overcapacity, reducing transport bottlenecks during peak times, and maintaining product quality. Temperature-controlled warehouses are used for storage, and cold-insulated transport vehicles are used for product distribution.
The increasing penetration of connected devices and the automation of refrigerated warehouses around the world are expected to drive industry growth during the forecast period. The growing number of organized retail stores in emerging economies is going to drive up demand for cold chain solutions.

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Furthermore, liberalization, government efforts to reduce food waste, and multinational company expansion of retail chains are expected to boost industry growth over the forecast period. The increased demand for perishable products and the need for quick delivery associated with the e-commerce-based food and beverage delivery market has resulted in a significant increase in cold chain operations.

However, cold chain service providers are finding it difficult to reduce their operational costs as energy prices increase. Furthermore, high energy and real estate costs are likely to make the configuration and operation process difficult. A lack of skilled professionals is also a major hindrance to the market's growth.
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