![]() ![]() Connected goods allow companies to establish better consumer ties by differentiating products and offering superior experience than competitors.Some hardware components include RFID devices, data loggers, remote temperature sensors, networking devices, and telematics devices. Technologies in cold chain has been advancing rapidly, driven by growing need to ensure integrity, efficiency, and safety of shipments. Materials also play a major role for storage and transportation of products in refrigerated trailers, insulated containers, connected refrigerated trucks, and others.Īnother vital factor is monitoring, and efficient management of cold storage chain vastly depends on software and hardware used for the purpose. Large restaurants and catering companies are also increasingly adopting cold storage facilities due to need for expansion of outlets, driven by rising food demand, which is driving growth of the market.Ĭold chain systems play a crucial role in the supply of perishables, food, beverages, chemicals, and healthcare products. The trend has been resulting in deployment of larger cold storage options in order to facilitate better delivery and supply to end-users. Increasing shift in preference to shop online for groceries and other perishable products has been resulting in rising need for retailers to expand cold storage facilities. An increasing number of cold chain companies are rapidly shifting towards renewable energy resources such as wind and solar power to reduce overall operating costs. Lower energy consumption greatly decreases running costs and consequently reduces impact on the environmental. Smart warehouse automation and control systems are vital components in making buildings self-sustainable with net zero electricity. ![]() However, technological advancements and improved design has been resulting in reduced energy consumption. ![]() Temperature-controlled warehouses are extremely energy sensitive due to high energy consumption cooling and ventilation system. and Europe following the World Trade Organization and bilateral free trade agreements such as European Union Free Trade agreement and the North America Free Trade Agreement (NAFTA).Ĭooling systems are primarily used to extend product shelf life, for maintenance of quality and hygiene of packaged products, and to improve product consistency as part of cold chain solutions. For example, exports of perishable foods – in a manner that is free of import duties – that opened up opportunities for exporters in the U.S. Favorable regulations and agreements are another factor supporting market growth to a significant extent. Increased trade in perishable goods and products is also expected to fuel demand for these solutions over the forecast period. Incorporating and processing temperature-sensible goods with cold chain solutions has become a major part of supply chain management. Maintaining quality of frozen bakery & confectionery products as well as other prepared and packaged food products is highly dependent on packaging, storage, and cooling.Ĭlaim Your FREE Sample Copy with Table of Rising demand for convenience foods such as canned beans, canned tuna and salmon, prepared pesto, prepared hummus, cooked lentils, and washed greens etc., in the recent past, and growing preference for frozen bakery & confectionery products has been driving market growth due to need for more efficient storage facilities in the cold chain. Key factors supporting market revenue growth include technological advancements and innovations food cold storage facilities and packaging materials and techniques, and development of more efficient technologies for processing and storage of seafood products. Vancouver, British Columbia, Ap(GLOBE NEWSWIRE) - The global next generation sequencing market size is projected to reach USD 526.00 Billion in 2027 and register a robust revenue CAGR over the forecast period, according to latest analysis by Emergen Research. ![]()
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