Cold Chain Monitoring Global Strategic Business Report 2024 - Food Security Concerns Turns Focus onto Cold Chain Monitoring

DUBLIN, March 28, 2024 /PRNewswire/ -- The "Cold Chain Monitoring - Global Strategic Business Report" has been added to  ResearchAndMarkets.com's offering.

The global market for Cold Chain Monitoring estimated at US$7.3 Billion in the year 2023, is projected to reach a revised size of US$19.4 Billion by 2030, growing at a CAGR of 13% over the analysis period 2023-2030.

Cold Chain Monitoring Hardware, one of the segments analyzed in the report, is projected to record 11.3% CAGR and reach US$12.4 Billion by the end of the analysis period. Growth in the Cold Chain Monitoring Software segment is estimated at 16.6% CAGR for the next 8-year period.

The Cold Chain Monitoring market in the U.S. is estimated at US$2.3 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 15.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.9% and 12.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.8% CAGR.

Key Market Trends & Drivers

• Advent of Innovative Packaging Materials Ensure Safe Storage and Transportation of Pharmaceuticals and Perishable Food Products
• Rise of Cold Chain IoT to Strengthen Monitoring Solutions
• Food Security Concerns Turns Focus onto Cold Chain Monitoring
• Shrinking Arable Land
• Growing Significance of Farm-to-Fork Trend Elevates Role of Cold Chain Logistics
• Post-Harvest & Supply Chain Losses Create Strong Business Case
• Healthy Tide in Grocery & Processed Food Retail Augments Prospects for Food Cold Chain Solutions
• Increasing Demand for Organic Foods to Bolster Cold Chain System
• Cold Chains Gain Ground in Healthcare Sector
• Rising Global Demand for Temperature-Sensitive Drugs to Propel the Cold Chain Monitoring Market
• Governmental Policies Impact Pharmaceutical Supply Chains in Europe and North America
• Latest Regulation of FSMA Requires Further Refinements in Cold Chain Monitoring
• Advanced Digital Technologies Makes an Impact on Cold Chain Ecosystem

Key Report Features

• Full access to influencer engagement stats
• Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
• Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
• Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
• Complimentary report updates for one year
• Competitor coverage with global market shares of major players
• Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
• Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

The report covers 55 key competitors in the industry.  

A selection of featured companies include:

• Emerson Electric Company
• Daikin Industries Ltd.
• Aeris Communications, Inc.
• Ambetronics Engineers Pvt. Ltd.
• Americold
• Haier Biomedical
• Kii Corporation
• Klinge Corporation
• Agro Merchants Group
• Burris Logistics
• Elpro-Buchs AG
• Interstate Cold Storage, Inc.
• Hanwell Solutions Ltd.
• JRI Company
• Industrial Technology Research Institute (ITRI)

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Cold Chain Monitoring - Global Key Competitors Percentage Market Share in 2023 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
• A Prelude to Cold Chain
• An Insight into Cold Chain Monitoring
• Cold Chain Monitoring- Highly Beneficial for Transportation of Perishable Goods
• Cold Chain Monitoring Market Witnesses Rapid Growth
• Construction of Sustainable Cold Chain Facilities Minimizes Food Wastage and Improve Product Quality
• Introduction of Innovative Technologies Fuel Growth for Cold Chain Monitoring Equipment Market
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

• United States
• Canada
• Japan
• China
• Europe
• France
• Germany
• Italy
• United Kingdom
• Rest of Europe
• Asia-Pacific
• Rest of World

For more information about this report visit https://www.researchandmarkets.com/r/hgvtnc

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SOURCE Research and Markets