North America Cold Chain Market Dev
by Chris jackson Market Research
The latest report by IMARC Group, titled North America Cold Chain Market: Industry Trends, Share, Size,
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- Chemical & Material
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- Healthcare
- Technology
Review on North America Cold Chain Market Dev
A rise in the sales of pharmaceutical drugs is the primary factor bolstering the growth of the cold chain industry in the region. To ensure the efficacy of healthcare products, such as vaccines, biopharmaceuticals and clinical trial materials, manufacturers and logistics providers are required to utilize cold chain facilities. Along with this, perishables like fresh fruits, vegetables, dairy products, meat and poultry also require cold chain facility to help increase their shelf life. Apart from this, due to the flourishing e-commerce and online food delivery industries in the region, there has been a rise in the demand for cold storage and transportation. Moreover, many leading companies are providing the latest cold chain technologies to expand their market operations. For instance, Americold offers the most comprehensive temperature-controlled storage and distribution network, supported by advanced radio frequency identification (RFID) technology. Moreover, several companies in North America have recently incorporated internet of things (IoT) technology in the cold chain as it helps them to connect seamlessly at every step of the process and offer a host of cost benefits. As a result of these factors, the market value is projected to reach US$ 142.6 Billion by 2024, exhibiting a CAGR of 9.7% during 2019-2024.Related to North America Cold Chain Market Dev
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Created on Aug 22nd 2019 00:04. Viewed 688 times.
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