Driven by technological advancements in packaging processing and storing seafood products, the global cold chain market size is expected to reach $447.5 billion by 2025.
According to a new study by Grand View Research, North America is anticipated to lead the cold chain market in terms of revenue, fueled by continuous innovation in autonomous vehicles.
Increasing investments in logistics infrastructure developments are expected to propel Mexico’s growth, and increasing implementation of dietary guidelines for fresh food is expected to boost the market in Brazil.
Some of the major companies operating in the market include Agro Merchant Group, Cloverleaf Cold Storage, Henningsen Cold Storage, Nordic Logistics and Warehousing, and Preferred Freezer Services.
Additionally, cold chain packaging companies including Cold Chain Technologies, Cryopack Industries, Creopack, and Cold Box Express will also contribute significantly to market growth.
Read the full report here.
