Cold Chain Market is expected to grow at a CAGR of 14.8% from 2021 to 2028
Cold Chain Industry Overview The global cold chain market size is estimated to reach USD 628.26 billion by 2028, according to a new study by Grand View Research, Inc., registering a CAGR of 14.8% from 2021 to 2028. Technological advancements in the packaging, processing, and storage of seafood products are expected to drive the market over the forecast period. Cold chain solutions have become an integral part of Supply Chain Management (SCM) for the transportation and storage of temperature-sensitive products. Increasing trade of perishable products is anticipated to drive product demand over the forecast period. Cold Chain Market Segmentation Grand View Research has segmented the global cold chain market on the basis of type, packaging, equipment, application, and region: Based on the Type Insights, the market is segmented into Storage, Monitoring Components and Transportation. In terms of revenue, the storage segment accounted for the largest r...