Focus on select sub-segments remains core strategy of Cold Chain market players due to their potential for growth in the next few years, notes OGAnalysis new report launched in August 2019.
Cold chain products and technologies play a critical role in preserving and transporting temperature-sensitive medicines like vaccines and other biologics under controlled temperatures. The need for cold chain logistics to transport vaccines and other pharmaceutical products has grown exponentially in recent times owing to rising requirement of temperature controlled packaging and distribution of drugs that are heat and cold sensitive. The global cold chain market is estimated to be valued ... Read more
Cold chain products such as refrigerators, freezers, and temperature-controlled transport systems offer efficient temperature-controlled transportation of temperature sensitive products such as pharmaceuticals, vaccines, and perishable food products. This aids in minimizing product damage during transit and enhances product shelf life. Rising demand for temperature sensitive drugs and food items is expected to drive the growth of the cold chain market over the forecast period.
