Mar 28, 2024   SOURCE: PR NewsWire

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.

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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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