Imperative to Address Food Security Allows Cold Chain Logistics Market to Thrive, Says Fairfield Market Research Effective supply chain management is often the USP of an organisation’s operations, minimizing waste and reducing damage caused to goods. Logistics management is the planning, implementation, and control of goods from the production site to the final consumer. Cold chain logistics has grown by leaps and bounds in export-driven economies such as Japan, Germany, China, and Korea. Cold chain logistics comprises insulated vehicles and temperature controlled warehouses for proper storage and distribution. Get Sample Copy of Cold Chain Logistics Market, Click Here: https://www.fairfieldmarketresearch.com/report/cold-chain-logistics-market/requestsample Countries Unveiling Action Plans to Eliminate Wastage and Optimize Cold Chain Logistics A major challenge causing food security concerns in emerging economies is the lack of cold chain logistics facilities. Cold chains play a critical role in the food & beverage, pharmaceuticals, and chemicals industries as they increase product shelf-life. Temperature control and food hygiene can be easily managed through cold chain logistics. According to Food and Agriculture Organization data, billions of tonnes of food fit for human consumption are wasted annually. This loss can be debilitating to developing economies. For e.g. – in India, almost half the food is wasted because of a lack of cold chain logistics. There is an urgent need to prevent this from snowballing into a larger crisis and countries are swinging into action. In 2019, the India Cooling Action Plan was launched to double farmer income through superior cold chain logistics infrastructure and minimal wastage. Demand for Vaccines Makes Pharmaceutical Industry Lead Cold Chain Logistics Market The pharmaceutical sector is anticipated to be the driver of the cold chain logistics market for the forecast period assessed. COVID-19 has given the market a literal shot in the arm as the requirement for vaccines and lifesaving drugs has skyrocketed. Several RNA vaccines such as those by Pfizer-BioNTech and Moderna necessitate ultra-cold chain logistics infrastructure to safely transport. Cold chain logistics companies must ensure that their products reach the countries battling successive waves of this highly infectious disease. Do You Have Any Query Or Specific Requirement? Request for Custom Research: https://www.fairfieldmarketresearch.com/report/cold-chain-logistics-market/requestcustomization
Cold Chain Logistics Market - Global Industry Analysis, Trends, Forecast 2025
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