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Food Cold Chain Track & Trace Revenue

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Food Cold Chain Track & Trace RevenueRevenue (USD)Source: ABI Research (PT-2663)01B2B3B4B5B6B2024202520262027202820292030North AmericaLatin AmericaAsia-PacificEuropeMiddle East & Africa

SOURCE RESEARCH

Food Value Chain & Regulations in North America and Europe

Presentation | 1Q 2024 | PT-2663

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Food cold chain track & trace revenues track the temperature/humidity monitoring solutions deployed in the food industry by logistics providers, retailers, or food manufacturers. Hardware sales (prices of sensors and shipments), software revenues (recurring monthly), and service revenues are accounted for in these figures.

As the chart depicts, revenue for food cold chain track & trace solutions will reach roughly US$5.5 billion by 2030, with Asia-Pacific leading the charge. Much of the revenue growth can be attributed to increasing food safety regulations, which you can learn more about in the accompanying presentation