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C&M: Global industry for cold chain to be driven by increasing need to reduce food wastage
Global Cold Chain Market 2014-2018 - a new market research report on 2014-03-18 08:35:02
The Global Cold Chain market is to grow at a CAGR of 15.94 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing need to reduce food wastage. The Global Cold Chain market has also been witnessing the increasing demand for cold chain logistics in emerging economies. However, the high real estate and energy costs could pose a challenge to the growth of this market.

Several cold chain service providers have recently started to offer end-to-end integrated services to the end-users in the Global Cold Chain market. They are currently providing cold chain management services to the customers and participating in their decision-making processes. Numerous service providers offer end-to-end cold chain management services such as inventory management, order scheduling, order forecasting, warehousing, and delivery management. Disaster recovery services are also offered by vendors, which will enable customers to track consignments and help them communicate with the entire supply chain. Some vendors are also providing training sessions for everyone involved in the cold chain. Therefore, the increasing provision of end-to-end integrated services by vendors is another trend that is expected to impact the Global Cold Chain market during the forecast period.

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