As 2017 comes to an end, the cold chain industry continues to develop and transform as new technological and regulatory concerns start to have an effect. If you’re involved in the cold chain industry, be sure to keep the following industry trends in mind.
Technological Improvements in Food Cold Chain Market
Between Internet of things, automated transportation, and real-time temperature monitoring, continuous improvements of technology are boosting the cold supply chain. This allows a more accurate method of tracking goods through the supply chain. Data is collected and analyzed almost instantaneously. Suppliers, distributors, and retailers are all connected along the supply chain for better visibility, increased productivity, and greater transparency.
Diversified Consumer Preferences
Consumers are beginning to demand more variety and personalization to their food choices. The food customization trend allows consumers to purchase foods that meet their nutritional preferences and needs, including non-GMO, organic, gluten-free, and farm-to-table. Now consumers can know where their food is coming from and how it was prepared. Supply chains have become more universal, agile, and collaborative.
As the foundation of successful cold chain management, traceability helps food shippers, carriers, and receivers meet FSMA requirements, moderate recalls, and meet consumer demand. Companies have improved traceability through advanced technologies that collects and manages data immediately.
Growth in the Global Market
The global cold chain market continues to expand, particularly in the food sector. The expansion of food trade across the world has increased the necessity for cold chain development through the food supply chain. Additionally, emerging economies are beginning to invest in cold chain operations.
Sustainability & Affordability
More and more companies are realizing the benefits of sustainability and have been incorporating additional insulation to their trucks, which saves energy, increases efficiency, and decreases costs.
Contact Cargo Data Corp Today
Cold supply chains are constantly evolving due to technological advancements and changes in consumer preference. If your cold chain needs help keeping up with these trends, contact Cargo Data Corp today at 800-338-8134.