With the rising investments in cold chain technologies and an increase in the demand for frozen food, the global cold chain market is projected to exhibit a CAGR of more than 11 percent through 2020, according to TechSci Research.
In its new report titled “Global Cold Chain Market Forecast & Opportunities, 2020,” TechSci reveals that growth in the processed food industry—especially meat, fish, frozen and canned foods—is expected to surge demand for cold chain services.