Global Cold Chain Monitorin Strategic Business Report 2023: Food Security Concerns Turns Focus onto Cold Chain Monitoring


Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "Cold Chain Monitoring: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Cold Chain Monitoring estimated at US$6.1 Billion in the year 2022, is projected to reach a revised size of US$19.4 Billion by 2030, growing at a CAGR of 15.7% over the analysis period 2022-2030.

Hardware, one of the segments analyzed in the report, is projected to record 13.7% CAGR and reach US$12.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 20.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 19.2% CAGR

The Cold Chain Monitoring market in the U.S. is estimated at US$1.9 Billion in the year 2022. 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 19.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.1% and 15.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.2% CAGR.

Select Competitors (Total 55 Featured) -

  • Berlinger & Co.
  • Controlant
  • Daikin Industries, Ltd.
  • Elpro - Buchs
  • Infratab Inc.
  • Klinge Corporation
  • Lineage Logistics LLC
  • Monnit Corporation
  • NXP Semiconductors N.V.
  • ORBCOMM
  • Safetraces
  • Sensitech Inc.
  • Tagbox
  • Verigo
  • Zest Labs

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages241
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$6.1 Billion
Forecasted Market Value (USD) by 2030$19.4 Billion
Compound Annual Growth Rate15.6%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Cold Chain Monitoring - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • A Prelude to Cold Chain
  • An Insight into Cold Chain Monitoring
  • Cold Chain Monitoring- Highly Beneficial for Transportation of Perishable Goods
  • COVID-19 Spurs Demand for Cold Chain Monitoring Technologies
  • 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

  • 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
  • Global Population Estimates (in Billion): 2000-2050
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Food Demand Worldwide: Demand Growth in Million Tonnes for Cereals and Sugar in Select Regions for the Period 2008-2017 and 2018-2027
  • Global Crop Production by Crop Type (in Million Metric Tons): 2017-2020
  • Shrinking Arable Land
  • Loss of Arable Land Exerts Immense Pressure on Yields Per Acre: Global Availability of Arable Land in Hectares Per Person for the Years 1990, 2000, 2018 and 2020
  • Arable Land Worldwide as a % of Total Land Area for the Years 1990, 2000, 2018 and 2020
  • 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
  • Global Demand for Organic Food Products (in US$ Billion): 2015-2025
  • 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

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/8tqnkf

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Global Market for Cold Chain Monitoring

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