Blockchain in Cold Chain Market Size, Share, Growth

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Global Blockchain in Cold Chain Market was valued at USD 287.16 billion in 2021 and is expected to reach USD 790.83 billion by 2029, registering a CAGR of 13.50% during the forecast period of 2022-2029.

"Outstanding industry insights and know-how of the greatest market opportunities into the significant markets required for successful business growth can be gained with this best market research report. A worldwide  Blockchain in Cold Chain Market report provides all-inclusive study about production capacity, consumption, import and export for all the major regions across the world. The report endows with market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. Business intelligence has been applied to generate Blockchain in Cold Chain Market document which is a vital aspect when it comes to accomplish thorough and wide-ranging market insights.

Market shares of the major players in the important areas of the globe such as Europe, North America, Asia Pacific, South America, Middle East and Africa are also studied. An expert team analyses and forecasts this market data using well established market statistical and coherent models. While generating Blockchain in Cold Chain Market business report, research and analysis has been performed with one step or the combination of several steps depending upon the business and client necessities. The excellence and transparency continued in this market report makes achieve the trust and reliance of member companies and customers.

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Blockchain in Cold Chain Market Analysis and Size

Blockchain has gained immense popularity among large corporations and startups, and is expanding its applications outside financial services industry. Numerous organizations are investing in the research and development of blockchain technology to fulfill a range of needs. This technology enhances chain transparency, improving efficiency and overall supply chain management while declining risks.

Global Blockchain in Cold Chain Market was valued at USD 287.16 billion in 2021 and is expected to reach USD 790.83 billion by 2029, registering a CAGR of 13.50% during the forecast period of 2022-2029. Product Traceability in the application segments of the market owing to the high usage of blockchain solutions to automate supply chain procedures. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Market Definition

Blockchain is a record of digital database or blocks of validated and immutable transactions. The blockchain technology acts as an open ledger, such that every transaction on the network is recorded and is made available for all the entities or participants involved in the network to see and verify them.

Blockchain in Cold Chain Market Scope and Segmentation



Forecast Period

2022 to 2029

Base Year


Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Transportation, Monitoring Components, Storage), Component (Platforms, Services), Application (Smart Contracts, Payment and Settlement, Product Traceability, Inventory Monitoring, Compliance Management, Others), Industry Vertical (Retail, Manufacturing, Food and Beverages, Healthcare, Oil and Gas, Others)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

IBM (US), Microsoft (US), BASF SE (Germany), DSM (Netherlands), Oracle (US), Huawei Technologies Co., Ltd. (China), Bitfury Group Limited. (Netherlands), TIBCO Software Inc. (US), Applied Blockchain Ltd (US), GUARDTIME (Estonia), OARO (Canada), Peer Ledger Inc. (Canada), Venture Proxy Ltd. (UK), Datex Corporation (US), Omnichain Solutions (US), Amazon Web Services, Inc. (US), Bitnation (US), Blockverify (UK), BTL Group Ltd. (UK), and Cambridge Blockchain, LLC (US), among others

Market Opportunities

  • Rising venture capital funding and investments in blockchain technology
  • High need for interoperability
  • Surge in need for automating supply chain activities


Blockchain in Cold Chain Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:


  • Surge in Investments in Blockchain

The rising venture capital funding and investments in blockchain technology is a vital factor escalating the market growth, also increased demand for enhanced security of supply chain transactions, lower operational costs and rising popularity of blockchain technology in retail and supply chain management are the major factors among others driving the blockchain in cold chain market.

  • Demand for Interoperability

The rise in the adoption of the blockchain technology in cold chain due to high need for interoperability accelerate the market growth. This technology assist businesses in securely exchanging data and information with distributors, vendors and suppliers.

  • Increase in Demand from Pharmaceutical

The increase in demand for blockchain supply chain offerings from pharmaceutical companies to reduce illegitimate activities, including illegal production of harmful medicines, improper stock control and counterfeit drugs, among others further influence the market.

Additionally, change in lifestyle, increase in the disposable income and rise in awareness regarding the benefits of the nutrition plan positively affect the blockchain in cold chain market.


Furthermore, surge in need for automating supply chain activities and eliminating middlemen extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, rise in government initiatives will further expand the market.

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The blockchain in cold chain market is segmented on the basis of type, component, application and industry. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.


  • Transportation
  • Monitoring Components
  • Storage


  • Platforms
  • Services


  • Smart Contracts
  • Payment and Settlement
  • Product Traceability
  • Inventory Monitoring
  • Compliance Management
  • Others

Industry Vertical

  • Retail
  • Manufacturing
  • Food and Beverages
  • Healthcare
  • Oil and Gas
  • Others

Table of Contents for a Blockchain in Cold Chain Market Research Article:

  1. Introduction
    • Background and Overview
    • Objective of the Study
    • Scope of the Blockchain in Cold Chain Market Research
  2. Methodology
    • Data Collection
    • Data Analysis
    • Research Approach
    • Sampling Techniques
    • Research Instruments
  3. Executive Summary
  4. Blockchain in Cold Chain Market Overview
    • Blockchain in Cold Chain Market Definition
    • Blockchain in Cold Chain Market Segmentation
    • Blockchain in Cold Chain Market Size and Growth Rate
    • Blockchain in Cold Chain Market Dynamics
      • Drivers
      • Restraints
      • Opportunities
    • Porter's Five Forces Analysis
  5. Blockchain in Cold Chain Market Trends and Insights
    • Emerging Technologies
    • Consumer Behavior and Preferences
    • Regulatory Landscape
    • Competitive Analysis
  6. Blockchain in Cold Chain Market Segmentation
    • Product Type
    • Application
    • Region
    • End-User
    • Other Relevant Segments
  7. Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa
  8. Competitive Landscape
    • Blockchain in Cold Chain Market Share Analysis
    • Key Players Profiles
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments

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