Blockchain Technology In Frozen Food PowerPoint PPT Presentations

Blockchain Technology in frozen food to help branding your product as a trustworthy one in the market raising against fake products

The global cold chain market is on track to witness remarkable expansion, with analysts predicting a robust compound annual growth rate (CAGR) of 17% from 2024 to 2031. By the end of 2031, the market size is forecasted to reach around US$289 billion, up from US$268 billion in 2024. This accelerated growth, surpassing the historical CAGR of 15.7% observed between 2018 and 2022, underscores a substantial upswing in the demand for cold chain logistics.

According to the latest research report by IMARC Group, The Singapore cold chain market is projected to exhibit a growth rate (CAGR) of 13.80% during 2024-2032. More Info:- https://www.imarcgroup.com/singapore-cold-chain-market

The global seafood market represents a diverse and dynamic industry driven by consumer preferences, dietary trends, sustainability concerns, and international trade dynamics. Seafood consumption continues to rise worldwide, fueled by growing awareness of its nutritional benefits, culinary versatility, and expanding availability of diverse seafood products. The global seafood market is forecast to expand at a CAGR of 3.4% and thereby increase from a value of US$137.5 Bn in 2023, to US$173.8 Bn by the end of 2030.

Supply chain and logistics are often confusing terms. They are used interchangeably in the industry which doesn’t justify their key and differentiated functioning. The blog post explains how they align with each other while still having their very distinct enterprise features. Further, it ascertains how the synergy between them is essential and can be enhanced through technological interventions.

Blockchain Technology in frozen food to help branding your product as a trustworthy one in the market raising against fake products