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.