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.
Author Credits: Abhishek Verma
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