Blockchain For Cold Chain Logistics Market size was valued at USD 479.9 billion in 2024 and is projected to reach USD 2,952.7 billion by the end of 2037, rising at a CAGR of 15% during the forecast period, i.e., 2025-2037. In 2025, the industry size of blockchain for cold chain logistics will be valued at USD 551.8 billion.
The demand for blockchain in cold chain logistics is rising due to its ability to manage temperature-sensitive goods, offering unprecedented control over product handling and delivery. With applications particularly relevant to the pharmaceutical and food sectors, blockchain enables real-time data sharing, which is essential for maintaining product integrity. In May 2023, Accenture introduced a new control tower solution within the Azure Supply Chain platform, enhancing capabilities in network-wide inventory and logistics management and setting a new standard for blockchain-integrated cold chain logistics solutions.
Opportunities for blockchain in cold chain logistics are expanding rapidly since the current global supply chain blockchain for cold chain logistics market prioritizes transparency and security. This demand has been driven by the growth in e-commerce and cross-border trade. Supportive government initiatives are also promoting blockchain as an innovative system addressing weaknesses evident in the supply chain. For example, the European Union has committed significant funding for blockchain and digital infrastructure to make supply chains more resilient. During the forecast period, blockchain solutions are anticipated to become an attractive investment for cold chain logistics providers.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
15% |
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Base Year Market Size (2024) |
USD 479.9 billion |
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Forecast Year Market Size (2037) |
USD 2,952.7 billion |
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Regional Scope |
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Component (Platform, Services)
The platform segment is set to hold over 78% blockchain for cold chain logistics market share by the end of 2037. This is because of the comprehensive security and traceability offered by blockchain platforms, which meet the demands related to complex cold chain logistics management processes. They offer end-to-end visibility and data integrity, which are critical for handling sensitive goods in transit. This trend is well-illustrated by the integration of VeChain with OrionOne in August 2022, where robust blockchain platforms make traceability more seamless and security stronger for temperature-sensitive logistics.
Organization Size (SME, Large Enterprises)
By 2037, Large enterprises segment is anticipated to account for around 65% blockchain for cold chain logistics market share. This is owing to the ability of such organizations to leverage sufficient resources to deploy blockchain solutions on a large scale and subsequently benefit from blockchain in terms of transparency, regulatory compliance, and operational efficiency. Large enterprises, upon the adoption of blockchain technology, achieve better data accuracy, which is vital to meeting the higher standards of sectors like pharmaceuticals and food logistics. This scalability enables large enterprises to reinforce supply chain resiliency and position themselves as key players in the advancement of secure, compliant cold chain logistics.
Our in-depth analysis of the blockchain for cold chain logistics market includes the following segments:
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Component |
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Organization Size |
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Application |
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End use Industry |
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North America Market Analysis
By the end of 2037, North America blockchain for cold chain logistics market is set to hold over 35% revenue share, driven by regulatory imperatives and growth in e-commerce. Blockchain ensures data accuracy and complies with regulatory requirements, thus encouraging North American firms to incorporate the technology along the supply chain for further transparency in a more operationally effective manner. Blockchain has become critical in tracking every activity in real time and sharing data securely to meet specific complex logistics needs, particularly for industries associated with perishable and sensitive goods in the region.
The U.S. is leading North America in the adoption of blockchain for cold chain logistics market, where companies such as IBM and Microsoft are at the forefront of integrating blockchain to meet all standards related to compliance and traceability. For example, IBM's Supply Chain Control Tower, launched in November 2022, allows real-time tracking and added security for transporting high-sensitivity goods, such as pharmaceuticals. The software enables enterprise tracking of environmental conditions throughout the journey to ensure quality and adherence to regulated standards. As blockchain continues to see increased adoption, it is expected that the U.S. will continue to set global benchmarks for transparency and efficiency in cold chains.
Canada is also developing blockchain for cold chain logistics, focusing on sustainable logistics in vital industries such as food and pharmaceuticals. Technology firms that implement tracking solutions based on blockchain technology are being sought after by Canada logistics companies to partner with, further enhancing transparency in the supply chain. This trend is coupled with the country's regulatory focus on quality and traceability, especially in food safety and healthcare products. In this way, blockchain adoption by companies in Canada improves operational insight, making a sustainable and accountable supply chain model that cares about product integrity and safety.
Asia Pacific Market Analysis
Asia Pacific blockchain for cold chain logistics market is anticipated to grow at CAGR of over 16.5% between 2025 and 2037, driven by growing e-commerce and digital transformation of supply chains. With modernized logistics networks being developed, demand for safe and traceable logistics solutions in China, Japan, and India is remarkably high. This is further likely to increase with rising regulatory standards and growth of cross-border trade. Blockchain technology has the potential to enhance supply chain integrity and efficiency amid some of the region's unique complexities.
China is witnessing increased blockchain adoption in cold chain logistics, largely influenced by strict regulatory requirements for food safety and transparency. In September 2021, JD Catering and Mei-Xin collaborated to implement blockchain-based solutions, focusing on securing food logistics from source to destination. This partnership highlights blockchain’s transformative role in standardizing logistics processes, reducing fraud, and improving transparency across the food industry, a critical move in meeting robust supply chain needs of the country.
In India, blockchain for cold chain logistics market is gaining momentum to reduce food loss and enhance the traceability of pharmaceutical drugs. Initiatives at the government level involve the National Logistics Policy, aiming to integrate technology into logistics for better tracking and efficiency. Partnerships are forming in agri-supply chains to secure perishable goods using blockchain. Blockchain can help cut down on waste and preserve product quality during transit as it is increasingly seen as a solution to strengthen country's cold chain infrastructure in support of both food safety and pharmaceutical efficacy.
The blockchain for cold chain logistics market is highly competitive, with industry leaders prioritizing secure, innovative, and scalable solutions to gain a competitive edge. Key companies like Amazon Web Services, IBM, Microsoft, Maersk, SAP, Oracle, and modum.io focus on blockchain-based traceability and security features tailored to meet cold chain logistics demands. Each of these companies leverages blockchain to develop transparent and trustworthy solutions, which are necessary for the transport of perishable and temperature-sensitive goods. These companies implement blockchain to overcome the challenges of real-time tracking, compliance, and risk management across supply chains.
In January 2023, Accenture strengthened its supply chain competency with the acquisition of OnProcess Technology, a company known for its strong reverse logistics competency and AI-driven decision-making. This furthers Accenture's blockchain-driven solutions in cold chain logistics, especially to serve companies placing a great emphasis on end-to-end traceability and effective supply chains. OnProcess's expertise has allowed Accenture to provide a more varied array of logistics management solutions to its clients by integrating blockchain with AI for predictive analysis and tracking. This combination enhances overall operational efficiency while addressing the challenges related to logistics in the perishable goods sector.
Here are some leading players in the blockchain for cold chain logistics market:
Author Credits: Abhishek Verma
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