Cold chain refers to a series of uninterrupted temperature-controlled links in a logistics chain. Common items that are stored in a cold storage facility are agricultural produce, such as fruits and vegetables, which spoil easily. In order to prevent spoilage, operators must keep things cool and fresh, however, that often increases energy costs.
According to a report, “Global Frozen Food Market Analysis by Products Type and by Geography—Trends and Forecasts (2010-2015),” the frozen food market experienced an expected growth rate from $218.41 billion in 2010 to $261.50 billion by 2015. It’s true—the cold storage business is undoubtedly a pricey one. In a cold chain logistics system that functions well, you can easily double the shelf life of fresh food. Extending the life of a product can increase return on investment, and in a pricey business that is only set to increase, that is certainly a smart move.