Blockchain For Cold Chain Logistics Market Size, Share Global Analysis Report, 2025 – 2034

Industry Insights

[221+ Pages Report] According to Facts & Factors, the global blockchain for cold chain logistics market size was valued at USD 3.79 billion in 2024 and is predicted to surpass USD 31.75 billion by the end of 2034. The blockchain for cold chain logistics industry is expected to grow by a CAGR of 23.70% between 2025 and 2034.

Blockchain for Cold Chain Logistics Market: Overview

Blockchain for cold chain logistics refers to the integration of blockchain technology with products and goods to manage and track the cargo, particularly in industries like food & beverages, pharmaceuticals, and chemicals.

Cold chain logistics help maintain products at particular temperatures for quality and safety. Blockchain improves this process by offering security, visibility, and transparency.

Key Insights

• As per the analysis shared by our research analyst, the global blockchain for cold chain logistics market size is estimated to grow annually at a CAGR of around 23.70% over the forecast period (2025-2034).
• In terms of revenue, the global blockchain for cold chain logistics market size was valued at around USD 3.79 billion in 2024 and is projected to reach USD 31.75 billion by 2034.
• Growth of Blockchain as a Service (BaaS) is driving the growth of the global blockchain for cold chain logistics market.
• Based on the end-users, the food and beverage segment is growing at a high rate and is projected to dominate the global market.
• Based on transaction types, the asset tracking segment is anticipated to grow with the highest CAGR in the global market.
• Based on the organization sizes, the SMEs segment is projected to swipe the largest market share.
• Based on region, North America is expected to dominate the global market during the forecast period

Blockchain for Cold Chain Logistics Market: Growth Drivers

• Growth of Blockchain as a Service (BaaS) is driving the development of the global market.

Many companies like AWS and IBM are developing cloud-based platforms for efficient BAAS solutions, which are likely to revolutionize the global blockchain for the cold chain logistics market. These solutions are helping organizations deploy blockchain technology without any hassle from the ground zero.

Also, modern blockchain platforms are built with systems like CRM and ERP for better interoperability. Such a system offers better data visibility and decision-making across the cold chain.

In addition, many cold chain companies are investing in advanced blockchain platforms to manage their multinational network and monitor time-sensitive cargo across borders.

However, increasing the integration of AI into the blockchain platforms will offer more proactive risk mitigation practices with predictive insights.

Also, the boom of e-commerce and the pharmaceutical sector is emerging as a crucial reason for the industry's high growth rate. There is a surge in the trend of home deliveries of medications and groceries, which necessitates blockchain integration in logistics for transparent, safe, and tamperproof cargo delivery.

For instance, Maersk and IBM partnered to easily deploy blockchain technology to foster efficiency and transparency in tracking goods, particularly for food items and pharmaceuticals.

Blockchain for Cold Chain Logistics Market: Restraints

• High implementation cost is expected to hamper the growth of the global market.

Deploying blockchain technology in cold chain logistics is expected to hinder the growth of the blockchain for cold chain logistics industry. This integration requires considerable investments in training, infrastructure, and technology, which is a significant restraining factor for SMEs.

Also, the lack of awareness and expertise among staff regarding blockchain technology is further expected to negatively impact the growth of the industry.

Blockchain for Cold Chain Logistics Market: Opportunities

• Government initiatives are likely to foster growth opportunities in the global market.

Governments all across the globe are encouraging companies to adopt digital supply chains, which is likely to foster numerous growth opportunities in the global blockchain for cold chain logistics market.

Programs like the Smart Nation Initiative in Singapore are likely to revolutionize the market. The growth of export-oriented cold chain industries is further anticipated to develop the industry.

Blockchain helps brands trade their products across the globe with international safety and compliance standards. The increasing adoption of IoT and sensor technology for real-time monitoring is also likely to propel the growth of the industry.

Moreover, blockchain technology has helped companies reduce fraud and potential theft activities by facilitating tamper-proof delivery across the supply chain.

Furthermore, companies can also lower their operational cost by eliminating intermediaries for inventory management and data tracking tasks, which will foster new growth opportunities in the market in the coming years.

For instance, Vodafone collaborated with Deloitte and Nexxiot in 2023 to provide blockchain-based services to facilitate transparency across the supply chain.

Blockchain for Cold Chain Logistics Market: Challenges

• Integration with legacy systems is a big challenge in the global market.

Several companies are working with their old systems, which are incompatible with modern technologies like blockchain. Moreover, blockchain technology requires redesigning the entire workflow and processes, which is causing resistance from management, staff, and employees. Therefore, it is a big challenge in the blockchain for the cold chain logistics industry.

Report Scope

Blockchain for Cold Chain Logistics Market: Segmentation

The global blockchain for cold chain logistics market can be segmented into end-users, transaction types, organization sizes, components, and regions.

On the basis of end-users, the market can be segmented into food and beverages, healthcare and pharmaceuticals, manufacturing, retail, chemical, and others. The food and beverage segment is likely to dominate the blockchain for cold chain logistics industry during the forecast period. There are many products, like seafood, meat, frozen food, etc., that require temperature-controlled storage because of their nature.

Therefore, blockchain helps end-users monitor the condition of products in real-time and also offers tamper-proof records.

Moreover, there is a rising awareness among people regarding transparency, which is further boosting the requirement for blockchain to help brands satisfy consumers and build trust.

On the basis of transaction types, the market can be segmented into compliance & auditing, order processing, and asset tracking. Asset tracking is expected to be the fastest-growing segment in the global blockchain for cold chain logistics market during the forecast period.

The increasing integration with IoT devices to help blockchain get live data for vibration, humidity, temperature, and many other parameters is strengthening its demand in the market. Asset tracking helps reduce loss and avoid counterfeiting, which is essential in the food, logistics, and pharmaceutical sectors.

Also, it helps in improving operational efficiency, thereby eliminating paper and manual errors. Asset tracking also facilitates quick decision-making capabilities with smart alerts and data. It also offers real-time visibility of goods during transit across the supply chain, which is a primary reason for the high growth rate of the segment.

On the basis of organization sizes, the market can be segmented into large-sized enterprises and SMEs. The SMEs segment accounts for the largest share of the blockchain for cold chain logistics industry during the forecast period. SMEs are more agile and innovative than large enterprises. They are ready to experiment with blockchain and integrate it into logistics to witness new opportunities.

Also, SMEs work on lower margins, and therefore, losses from inefficiencies damage their overall profits. Consequently, they are more willing to invest in blockchain technologies to establish trust with their partners. There are different specialty goods like rare pharmaceuticals, organic food, and artisanal products, which specifically require cold chain logistics.

An increasing number of SMEs are dealing in these sectors; therefore, blockchain is highly required to facilitate a better brand reputation.

On the basis of components, the market can be segmented into services and platforms. The platforms segment is projected to witness significant growth in the coming years. The platform is the core infrastructural component of blockchain technology. These facilitate features like data sharing, smart contracts, real-time genetics, etc.

Cloud-based platforms like Microsoft Azure have emerged as the most cost-effective Blockchain as a Service (BaaS) solution, which is likely to revolutionize the market in the coming years. These help businesses easily deploy blockchain technology from scratch. These platforms also offer compliance &  reporting security and many other features, which are crucial for end-user sectors like pharmaceuticals.

Additionally, international companies are investing in this platform to monitor their cargo across borders. These solutions can easily be customized according to the requirements of different end-user sectors, which are further expected to widen the scope of the segment.

Blockchain for Cold Chain Logistics Market: Regional Analysis

• North America is expected to dominate the global market.

North America is expected to account for the largest share of the global blockchain for cold chain logistics market during the forecast period. North America is home to many giant industry players, which is a primary reason for strengthening the position of the regional market globally.

Restrictive food and drug safety regulations are emerging as a key factor fueling the market's growth. Vaccine & biologics, dairy & meat, food & beverages, and pharmaceutical sectors are highly impacted sectors in North America, which will contribute towards increasing the growth and sales revenue of the region.

Also, the adoption of sustainability-driven cold chains and rising integration with AI analytics are some of the future trends in North America to watch in the coming years. These are likely to skyrocket the growth of the North American market.

The US dominates the North American market because of the growth of agritech and supply chain blockchain start-ups in the region.

Additionally, the growing collaboration between logistics giants and tech firms, such as Walmart Food Trust with IBM, further fuels the regional market's growth.

Asia Pacific is projected to have a robust growth trajectory during the forecast period. One of the primary reasons for the high growth rate of the regional market is the large-scale manufacturing and distribution of generic & vaccines.

The government in APAC is deploying blockchain technology to ensure tamper-proof delivery and unbroken control to avoid damage to pharmaceutical products. The leading programs in India, like the Digital India program and National Logistics Policy, are fostering the deployment of blockchain technology across the entire supply chain, which is likely to play an important part in fueling the growth of the regional market.

South Korea and Japan are also actively investing in these technologies to avoid food adulteration and facilitate sources to self-traceability.

Additionally, the increasing collaboration of companies in APAC with Western logistics platforms for global traceability is likely to revolutionize the market further.

For instance, Overhaul came up with a Cold Chain Quality Solution in 2024. This solution is anticipated to utilize blockchain to offer quality and risk management for the cargo.

Blockchain for Cold Chain Logistics Market: Competitive Analysis

The key players in the global blockchain for cold chain logistics market are:

• modum.io AG
• A.P. Møller - Mærsk A/S
• Oracle Corporation
• SAP SE
• Microsoft Corporation
• International Business Machines Corporation (IBM)
• Amazon Web Services Inc.

For instance, Ripple and HashKey collaborated to develop XRP Ledger in 2024 in Japan to improve its supply chain finance and develop innovative solutions to get funding from institutional investors.

The global blockchain for cold chain logistics market is segmented as follows:

By End-Users Segment Analysis

• Food And Beverages
• Healthcare And Pharmaceuticals
• Manufacturing
• Retail
• Chemical
• Others

By Transaction Types Segment Analysis

• Compliance & Auditing
• Order Processing
• Asset Tracking

By Organization Sizes Segment Analysis

• Large-Sized Enterprises
• SMEs

By Components Segment Analysis

• Services
• Platforms

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America