Latest News- Cold Chain Market in Europe: Meat fish and seafood is expected to lead the Application segment during 2025-2029

The Cold Chain Market in Europe is being driven by Use of RFID in cold chain logistics

The Cold Chain Market in Europe is expected to grow at a CAGR of 11.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 78 billion. In the European market, the integration of the Internet of Things (IoT) into the cold chain is revolutionizing supply chain management for temperature-sensitive products such as fruits, meat, and pharmaceuticals. IoT functions as a connected ecosystem, enabling enterprises to optimize product performance through advanced security and analytics. By remotely controlling temperature settings in vehicles and warehouses, IoT solutions streamline logistics processes, ensuring cost-effective and efficient cold chain operations. This transformative technology empowers businesses to monitor and manage their supply chains in real-time, ultimately enhancing the quality and reliability of their offerings. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Meat fish and seafood
  • Fruits vegetables and beverages
  • Dairy and frozen desserts
  • Bakery and confectionery
  • Healthcare
• Type
  • Refrigerated warehouse
  • Refrigerated transportation
• Method
  • Frozen
  • Chilled
  • Deep-frozen
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Use of RFID in cold chain logistics
• Increasing number of trade corridors
• Increase in pharmaceutical supply through e-commerce

However, the market also witnesses some limitations, which are as follows:

• Fluctuating fuel prices
• Rising regulations regarding greenhouse gas emissions
• Poor customer satisfaction

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Market Scope in Cold Chain Market in Europe Research Report

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Research Analysis Overview

The European cold chain market is experiencing significant growth due to increasing consumer preferences for temperature-sensitive products, particularly in the healthcare and food & beverage sectors. E-commerce sales and organized retail stores are driving demand for advanced cold chain solutions, including refrigerated storage and transportation. Developing economies are also contributing to market expansion. Technologies like RFID, automation, warehouse management systems, cloud computing, and IoT are transforming cold storage logistics. Temperature-sensitive products require precise temperature control, with chilled, frozen, and deep-frozen storage solutions catering to various temperature ranges. Regulations play a crucial role in ensuring food safety and product quality, while monitoring components and inventory management systems help optimize operations. RFID, temperature monitoring, and IT spending are key trends shaping the future of the refrigerated storage and transportation market.

Market Research Overview

The European cold chain market is experiencing significant growth due to increasing consumer preferences for perishable goods, the rise of e-commerce sales, and the expansion of organized retail stores. Developing economies are also driving demand for cold chain solutions as they modernize their supply chains. Technological advancements, such as RFID and automation, are revolutionizing refrigerated storage markets and improving warehouse management, refrigerated transportation, and cold storage logistics. IT spending on cloud computing and IoT is also increasing, enabling real-time inventory management and optimizing supply chain operations. These factors are expected to propel the growth of the European cold chain market in the coming years.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/