Food loss and wastage is a huge concern being faced by major countries across the globe and companies. The Food and Agriculture Organization has estimated that more than one-third of the food, which is about $400 billion produce, across the globe gets wasted every year. The food waste is caused majorly due to poor transportation networks, lack of preservation techniques, inadequate temperature and humidity conditions, and delay in transit. This increased amount of food wastage has pushed the economies to invest in developing better cold chain infrastructure facilities. Therefore, the demand for cold chain solutions is increasing rapidly. The use of cold chain in the agriculture supply chain started in the early 1950s along with the growth of the mechanical refrigeration industry. However, the cold chain industry is yet to fully grow in the majority of developing countries.
A cold chain is a continuous temperature-controlled transport and storage supply chain system of refrigerated products which is designed to maintain the quality and safety of the perishable food products. Cold chain is gaining importance for reducing food loss and waste and has also been promoted by industry-focused organization such as International Institute of Refrigeration, the World Food Logistics Organization, and the Global Cold Chain Alliance.
The food and beverage industry, growing at a fast pace, plays an important role in the growing economy and is majorly driven by the population growth. Globalization, regulation, efficiency, and refrigerants are some of trends influencing the food industry. Increasing demand for perishable products is stimulating food manufacturers and suppliers to develop a proper cold transport and storage facility. This demand is driven by the health-conscious consumers looking for more perishable food items across the globe. To meet this demand, the food industry suppliers are investing in the development of temperature-controlled facilities, using refrigerated trucks, trailers, containers, and others to maintain the food product quality and safety.
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Food loss and wastage is a huge concern being faced by major countries across the globe and companies. The Food and Agriculture Organization has estimated that more than one-third of the food, which is about $400 billion produce, across the globe gets wasted every year. The food waste is caused majorly due to poor transportation networks, lack of preservation techniques, inadequate temperature and humidity conditions, and delay in transit. This increased amount of food wastage has pushed the economies to invest in developing better cold chain infrastructure facilities. Therefore, the demand for cold chain solutions is increasing rapidly. The use of cold chain in the agriculture supply chain started in the early 1950s along with the growth of the mechanical refrigeration industry. However, the cold chain industry is yet to fully grow in the majority of developing countries.
A cold chain is a continuous temperature-controlled transport and storage supply chain system of refrigerated products which is designed to maintain the quality and safety of the perishable food products. Cold chain is gaining importance for reducing food loss and waste and has also been promoted by industry-focused organization such as International Institute of Refrigeration, the World Food Logistics Organization, and the Global Cold Chain Alliance.
Cold chain includes the transportation of temperature-sensitive products across the supply chain with the help of thermal and refrigerated packaging methods and logistic planning to protect the quality of the perishable products. It requires the knowledge of chemical and biological process which is related to the perishability of the products.
UPCOMING INDUSTRY TRENDS 