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The global cold chain market is on a trajectory of significant expansion, with an estimated value projected to reach USD 372.0 billion by 2029 from the 2024 valuation of USD 228.3 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 10.3%. The cold chain refers to a series of temperature-controlled processes, facilities, and logistics used to ensure the integrity and quality of perishable goods throughout their journey from production to consumption. It encompasses refrigeration, freezing, and controlled atmosphere technologies to maintain specific temperature and humidity levels.
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