Cold Chain Monitoring Market Growth and Forecast to 2025

1. Global Cold Chain Monitoring Market foreseen to garner a CAGR of 10% by 2025 Market overview: The global Cold Chain Monitoring Market was worth USD 3.77 billion in 2019, and it is estimated that it will reach a valuation of USD 8.33 billion by 2025 at a CAGR of 10.4% during the outlook period. Cold Chain Monitoring is a supply chain monitoring/logistics solution that helps you effectively track food, pharmaceuticals, perishables, and healthcare with guaranteed freshness. Cold chain monitoring is mostly used in the agricultural, food, and pharmaceutical industries. It plays an important role in providing monitoring solutions and improves performance with the help of real-time data over storage and distribution networks in various applications. Market Drivers and Restrains: Increasing demand for better food quality, rising need for temperature-sensitive medicines, and growing interest in improving supply chain efficiency are some of the important factors driving the growth of the global cold chain monitoring market. The growing demand to reduce food waste and the increasing call to improve food quality are the main factors that are expected to improve the development of the cold chain monitoring market in the coming years. The growing awareness and demand for quality food in the food industry to integrate supply chain solutions has enormous potential for follow-up. The awareness of high-quality products in food and beverages, rapid urbanization, and a growing population dependent on pharmaceuticals are driving the growth of the cold chain monitoring market in the Asia Pacific area. However, the growing interest of government agencies in regulations that may affect the efficiency of supply chains in the pharmaceutical sector is expected to stimulate market development in the coming years. The demand for cold chain monitoring solutions is expected to increase as various governments around the world emphasize improving supply chain efficiency for frozen foods, dairy, processed foods and pharmaceuticals. In addition, increased private and government investment in the construction of cold stores and government efforts to reduce spoilage of food and other temperature-sensitive products are expected to drive the growth of the market. Strict regulations on the storage and delivery of medicines are also expected to

2. drive demand for cold chain monitoring solutions. High implementation costs and problems associated with monitoring and installing cold chain monitoring solutions are expected to limit market development in the near future. To know more read: https://www.marketdataforecast.com/market-reports/cold-chain-monitoring- market Report is segmented as: The global cold chain monitoring market is segmented based on temperature, logistics, and applications. By type of temperature, the market is segmented into refrigerated and frozen. On the basis of logistics, the market is segmented into transportation and warehousing. Depending on the application, the market is segmented into food and beverage, chemical, pharmaceutical and medical, etc. Geographical Segmentation: Geographically, North America and Europe are expected to occupy a large share of the cold chain monitoring market in the coming years. The presence of a well- established medical and pharmaceutical industry is expected to accelerate market development in the coming years. Strict rules and regulations that take into account cold chain monitoring are expected to ensure the development of North America in the future. In addition to this, the growing demand for frozen and refrigerated foods is expected to support the growth of the market in the near future. Furthermore, Europe is expected to experience healthy growth in the coming years, followed by the Asia Pacific region in the coming years. Key market players: Key players participating in the global cold chain monitoring market include Kloosterboer Group, Cloverleaf Cold Storage, Nichirei Logistics Group Inc., AGRO Merchants Group, LLC, Burris Logistics, Interstate Cold Storage Inc., Swire Cold Storage Ltd, Lineage. Logistics Holding LLC and Americold Logistics. View sample and decide:

3. https://www.marketdataforecast.com/market-reports/cold-chain-monitoring-https://www.marketdataforecast.com/market-reports/cold-chain-monitoring- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com

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