Cold chain logistics is the management of the flow of products from origin to destination in a temperature-controlled supply chain involving an uninterrupted series of refrigerated production, distribution, and storage activities. It sub-divides into two major sectors: Food and bio-pharmaceutical. In 2017 alone, more than 18 billion U.S. dollar in the global third-party logistics revenue was earned in the food and grocery market, while over 17 billion U.S. dollars was generated from the healthcare market.
Cold chain logistics is used in ensuring extended shelf-life preservation of products such as fruits and vegetables, meat and seafood, beverages, dairy products, and frozen foods, as well as chemicals and pharmaceutical drugs. An example of cold chain logistics in the pharmaceutical sector is the movement of a vaccine from the manufacturer down to the mother and child. By 2021, the projected spending for biopharma cold chain logistics is expected to grow to about 16.6 billion U.S. dollars.
Infrastructures such as pre-cooling systems in factories and farms are made use of in the initial stage of supply procurement. Goods and products are then transported in refrigerated trucks, railway wagons, or air cargo containers. Between 2000 and 2016, there was a 181 billion U.S. dollar change in the air trade value of pharmaceutical products worldwide, the third highest commodity behind high tech products and machinery parts. Goods are then moved to cold storage in refrigerated warehouses before reaching the end consumer through factories, ports, terminals, retail and other markets.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.