Cold-chain management—an essential aspect of many snack and bakery operations today—has entered a brave new world characterized by sophisticated temperature monitoring and tracking technology connected by the Internet of Things (IoT). At the same time, key government regulations are impacting this area and demanding additional focus on food safety.
What’s more, the cold-chain market is huge and growing. In fact, the global cold-chain market is projected to reach a value of $271.30 billion by 2022 with a CAGR of 7.0 percent, according to the “Cold Chain Market, Global Forecast to 2022” report issued by Markets and Markets.