The report notes that the ongoing COVID-19 pandemic has catalyzed demand for cold chain warehousing and distribution. One of the key benefits resulting from adopting refrigerated or frozen warehousing and distribution is potentially extending product shelf life, a benefit to shoppers seeking to store more perishable foods like some snacks and baked goods for longer periods for increased food security.
In its report, MarketsandMarkets notes bakery and confectionery are among the fastest-growing segments in the global cold chain market, noting that accurate temperature monitoring and control is a key aspect of quality control and food safety for select bakery and confectionery products, including bread, cakes, pastries, pizza crusts, waffles, biscuits, cookies, pastry shells, bagels, pretzels, and doughnuts.
As this market continues to grow, the need for relevant and associated technologies will continue to help snack producers and bakery companies adopt increased cold storage and distribution.