Cold chain market outlook
cold chain market

Cold chain market outlook. Reportlinker.com estimates growth of 12.93% in 2021. Increased demand from the pharmaceutical and processed food sectors have influenced growth. The cold chain market is expected to reach $344.51 billion in 2025. This is at a CAGR of 9.49%. 

Important to note that global reefer trade reduced to 0.4% in 2020. Industry experts Drewry expect seaborne reefer traffic to grow at an average rate of 4% after 2021

Source: Yahoo Finance

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