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India Cold Chain Monitoring Market

ID: MRFR/SEM/53146-HCR
200 Pages
Garvit Vyas
October 2025

India Cold Chain Monitoring Market Research Report By Application (Pharmaceuticals, Food and Beverages, Chemicals, Healthcare, Agriculture), By Product Type (Hardware, Software, Services), By Technology (Temperature Monitoring, Humidity Monitoring, Location Tracking, Data Loggers) and By End Use (Retail, Transportation, Warehousing, Distribution) - Forecast to 2035

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India Cold Chain Monitoring Market Summary

As per MRFR analysis, the cold chain-monitoring market size was estimated at 661.0 USD Million in 2024. The cold chain-monitoring market is projected to grow from 704.96 USD Million in 2025 to 1342.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.65% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India cold chain-monitoring market is poised for substantial growth driven by technological advancements and increasing consumer expectations.

  • Technological advancements are enhancing the efficiency and reliability of cold chain monitoring systems.
  • The largest segment in the market is the pharmaceuticals sector, while the fastest-growing segment is the food and beverage industry.
  • Regulatory compliance is becoming increasingly critical as businesses strive to meet stringent quality standards.
  • Rising demand for perishable goods and government initiatives are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 661.0 (USD Million)
2035 Market Size 1342.0 (USD Million)
CAGR (2025 - 2035) 6.65%

Major Players

Thermo Fisher Scientific (US), Sensitech (US), Zebra Technologies (US), Monnit Corporation (US), Berlinger & Co. AG (CH), Emerson Electric Co. (US), DHL Supply Chain (DE), Controlant (IS)

India Cold Chain Monitoring Market Trends

The cold chain-monitoring market is experiencing notable growth. This growth is driven by the increasing demand for temperature-sensitive products across various sectors. This market encompasses technologies and systems that ensure the integrity of perishable goods during storage and transportation. The rise in e-commerce and the expansion of the pharmaceutical industry are contributing factors, as they necessitate stringent temperature control measures. Furthermore, advancements in IoT and sensor technologies are enhancing monitoring capabilities, allowing for real-time data collection and analysis. This evolution is likely to improve operational efficiency and reduce losses due to spoilage. In addition, regulatory frameworks are becoming more stringent, compelling businesses to adopt robust cold chain solutions. The emphasis on food safety and quality assurance is prompting companies to invest in sophisticated monitoring systems. As a result, The cold chain-monitoring market is poised for further expansion. Innovations in automation and data analytics play a crucial role. Stakeholders are increasingly recognizing the importance of maintaining optimal conditions for perishable goods, which may lead to a more resilient supply chain in the future.

Technological Advancements

The cold chain-monitoring market is witnessing rapid technological advancements. This is particularly true for IoT and sensor technologies. These innovations facilitate real-time monitoring of temperature and humidity levels, ensuring that products remain within specified conditions throughout the supply chain. Enhanced data analytics capabilities allow for better decision-making and proactive management of potential issues.

Regulatory Compliance

Regulatory compliance is becoming increasingly critical within the cold chain-monitoring market. Governments are implementing stricter guidelines to ensure food safety and quality, compelling businesses to adopt advanced monitoring solutions. This trend is likely to drive investments in technology that meets regulatory standards, thereby enhancing overall market growth.

Sustainability Initiatives

Sustainability initiatives are gaining traction in the cold chain-monitoring market, as companies seek to reduce their environmental impact. The adoption of energy-efficient technologies and eco-friendly packaging solutions is becoming more prevalent. This shift not only addresses environmental concerns but also aligns with consumer preferences for sustainable practices.

India Cold Chain Monitoring Market Drivers

Government Initiatives and Support

Government initiatives aimed at enhancing the agricultural and food processing sectors significantly impact the cold chain-monitoring market. The Indian government has launched various schemes to promote the development of cold storage facilities and logistics networks. For instance, the Pradhan Mantri Kisan Sampada Yojana aims to create a robust food processing ecosystem, which includes cold chain infrastructure. This initiative is expected to attract investments exceeding $1 billion in the coming years. Additionally, the government is focusing on improving rural connectivity and infrastructure, which is vital for efficient cold chain operations. Such support not only boosts the cold chain-monitoring market but also encourages private sector participation, leading to innovative solutions and technologies. As a result, the market is likely to witness substantial growth driven by these favorable policies and investments.

Rising Demand for Perishable Goods

The increasing consumption of perishable goods in India is a primary driver for the cold chain-monitoring market. As urbanization accelerates, the demand for fresh produce, dairy, and meat products rises significantly. According to recent estimates, the perishable goods segment is projected to grow at a CAGR of approximately 15% over the next five years. This surge necessitates robust cold chain solutions to ensure product quality and safety during transportation and storage. The cold chain-monitoring market plays a crucial role in maintaining optimal temperature and humidity levels, thereby reducing spoilage and waste. As consumers become more health-conscious, the expectation for high-quality, fresh products further propels the need for effective cold chain management. Consequently, businesses are increasingly investing in advanced monitoring technologies to meet these demands, indicating a strong growth trajectory for the cold chain-monitoring market in India.

Technological Integration in Supply Chains

The integration of advanced technologies into supply chains is transforming the cold chain-monitoring market. Technologies such as IoT, blockchain, and AI are increasingly being adopted. Technologies such as IoT, blockchain, and AI are increasingly being adopted to enhance visibility and traceability throughout the supply chain. For instance, IoT devices enable real-time monitoring of temperature and humidity, ensuring compliance with safety standards. The cold chain-monitoring market is expected to benefit from this trend. Companies seek to leverage data analytics for better decision-making. Furthermore, the adoption of blockchain technology can enhance transparency, allowing stakeholders to track products from farm to fork. This technological evolution is likely to improve operational efficiency and reduce losses due to spoilage. As businesses recognize the value of these innovations, the cold chain-monitoring market is poised for significant growth, driven by the demand for smarter and more efficient supply chain solutions.

Increasing Consumer Awareness and Expectations

Consumer awareness regarding food safety and quality is on the rise in India, which is a significant driver for the cold chain-monitoring market. As consumers become more informed about the importance of proper food handling and storage, they demand higher standards from retailers and suppliers. This shift in consumer behavior compels businesses to adopt stringent cold chain practices to ensure product integrity. Surveys indicate that over 70% of consumers are willing to pay a premium for products that guarantee freshness and safety. Consequently, companies are investing in advanced cold chain monitoring systems to meet these expectations. This trend not only enhances customer satisfaction but also fosters brand loyalty, thereby driving growth in the cold chain-monitoring market. As the market evolves, businesses that prioritize consumer needs are likely to gain a competitive edge.

Expansion of E-commerce and Online Grocery Services

The rapid expansion of e-commerce and online grocery services in India is a pivotal driver for the cold chain-monitoring market. With the increasing preference for online shopping, especially for perishable goods, companies are compelled to establish efficient cold chain logistics to ensure timely delivery of fresh products. The e-commerce food market is projected to grow at a CAGR of around 25% in the next few years, highlighting the need for robust cold chain solutions. This growth necessitates the implementation of advanced monitoring systems to maintain product quality during transit. As online retailers strive to enhance customer experience, investments in cold chain infrastructure and technology are becoming essential. The cold chain-monitoring market is likely to thrive as businesses adapt to this evolving landscape, ensuring that they meet the demands of a growing online consumer base.

Market Segment Insights

By Application: Pharmaceuticals (Largest) vs. Food and Beverages (Fastest-Growing)

In the India cold chain-monitoring market, the applications are diverse, with pharmaceuticals holding the largest market share. This segment is crucial due to the sensitive nature of pharmaceutical products that require strict temperature controls to maintain efficacy. Following closely is the food and beverages segment, which, while currently smaller in share, is rapidly gaining ground due to increasing consumer demands for fresh and safe products. Growth trends in these segments are propelled by the rising demand for pharmaceuticals, driven by advancements in healthcare, as well as a shift in consumer behavior towards quality food products. The food and beverages sector is particularly witnessing fast growth owing to increased investment in technology and infrastructure to support cold storage capabilities, ensuring that products are stored and transported under optimal conditions.

Pharmaceuticals (Dominant) vs. Food and Beverages (Emerging)

The pharmaceuticals segment of the India cold chain-monitoring market remains dominant, characterized by rigorous regulations and high standards for product handling. Companies within this segment often implement advanced monitoring systems to ensure compliance and product integrity. By contrast, the food and beverages segment is emerging, driven by growing health consciousness among consumers and a burgeoning demand for organic and perishable items. This segment is adapting quickly, with businesses investing in innovative cold chain technologies to improve efficiency and tracking throughout the supply chain. As these two segments evolve, their strategic approaches underscore the importance of reliability and transparency in cold chain practices.

By Product Type: Hardware (Largest) vs. Software (Fastest-Growing)

In the India cold chain-monitoring market, the product type segment reveals a diverse distribution among hardware, software, and services. Hardware remains the largest segment, consistently leading the market as companies prioritize infrastructure investment for temperature-sensitive goods. Meanwhile, software is experiencing rapid adoption, fueled by the growing demand for automated solutions and real-time monitoring capabilities. Together, these segments reflect the industry's need for enhanced efficiency and reliability in cold chain processes. Growth trends indicate a strong shift towards digitalization, particularly within the software segment, which is the fastest-growing category. As businesses increasingly recognize the importance of data-driven decision-making, software solutions that offer analytics and predictive insights are gaining traction. The rise of e-commerce and stringent regulatory requirements further drives innovation and investment in technologies that support seamless cold chain operations.

Hardware (Dominant) vs. Software (Emerging)

Hardware is the dominant segment in the India cold chain-monitoring market, encompassing refrigeration units, temperature sensors, and IoT devices crucial for maintaining optimal conditions. This segment benefits from substantial investments by companies looking to enhance their cold storage capabilities. In contrast, the software segment, while currently emerging, is rapidly gaining importance as businesses shift towards integrated solutions that offer real-time monitoring and analytics. Software solutions enable stakeholders to optimize supply chain operations and ensure compliance with health and safety standards, making them indispensable for future growth. The interplay between these segments showcases a holistic approach towards enhancing cold chain efficiency.

By Technology: Temperature Monitoring (Largest) vs. Data Loggers (Fastest-Growing)

In the India cold chain-monitoring market, the distribution of market share among the key technology segments reveals that temperature monitoring holds the largest segment share, significantly surpassing humidity monitoring, location tracking, and data loggers. These segments, while important, do not match the widespread adoption and utilization experienced by temperature monitoring, making it a critical component of cold chain logistics. The growth trends within this segment indicate a rising demand for advanced monitoring solutions, particularly for data loggers which are emerging as the fastest-growing technology. The increasing emphasis on compliance, safety, and efficiency in perishable goods transportation drives innovation in monitoring technologies. Organizations are investing in sophisticated systems that enhance tracking capabilities and ensure product integrity throughout the supply chain.

Technology: Temperature Monitoring (Dominant) vs. Data Loggers (Emerging)

Temperature monitoring is recognized as the dominant technology within the cold chain-monitoring segments in India, ensuring that perishable goods are maintained at optimal temperatures throughout transit. Its ability to mitigate spoilage and ensure compliance with regulatory standards has solidified its market position. Conversely, data loggers are emerging as a crucial technology, rapidly growing due to their capacity for precise data collection and real-time monitoring capabilities. These devices facilitate enhanced transparency and accountability in the cold chain, accommodating varying needs across diverse industries. Both segments play a pivotal role in improving operational efficiency and maintaining product quality.

By End Use: Transportation (Largest) vs. Retail (Fastest-Growing)

Among the end use segments, transportation holds the largest market share within the India cold chain-monitoring market, attributed to the extensive logistic networks required for food and pharmaceutical products. Retail follows closely, contributing significantly as retailers increasingly recognize the importance of cold chain solutions for maintaining product quality and safety to meet consumer demand. Growth trends indicate a robust expansion for both segments, with transportation projected to maintain its dominance due to rising e-commerce activities and an increase in perishable goods transportation. Retail, however, emerges as the fastest-growing segment driven by changing consumer preferences towards fresh and frozen products, necessitating advanced cold chain systems to ensure quality and shelf-life.

Transportation: Dominant vs. Retail: Emerging

Transportation represents a dominant force in the cold chain spectrum, characterized by its critical role in ensuring the safe and efficient delivery of temperature-sensitive goods like perishables and pharmaceuticals. This segment benefits from a well-established logistics framework and technological advancements that enhance tracking and monitoring capabilities. In contrast, the retail sector is marked as an emerging player, spurred by the rapid adoption of cold chain practices to meet consumer expectations for quality. Through investments in state-of-the-art refrigeration and monitoring technologies, retailers are optimizing their supply chains to minimize spoilage and maximize freshness, thereby altering market dynamics.

Get more detailed insights about India Cold Chain Monitoring Market

Key Players and Competitive Insights

The cold chain-monitoring market in India is characterized by a dynamic competitive landscape, driven by the increasing demand for temperature-sensitive products across various sectors, including pharmaceuticals, food, and biotechnology. Key players such as Thermo Fisher Scientific (US), Sensitech (US), and Zebra Technologies (US) are strategically positioned to leverage technological advancements and enhance operational efficiencies. These companies focus on innovation and digital transformation, which are critical in maintaining their competitive edge. Their collective strategies not only foster a robust competitive environment but also indicate a shift towards more integrated and technology-driven solutions in cold chain monitoring.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance responsiveness and reduce costs. The market structure appears moderately fragmented, with several players vying for market share. However, the influence of major companies is significant, as they set benchmarks for quality and technological standards, thereby shaping the overall market dynamics.

In October 2025, Thermo Fisher Scientific (US) announced the launch of a new IoT-enabled temperature monitoring solution aimed at the pharmaceutical sector. This strategic move is likely to enhance their product offerings and cater to the growing need for real-time monitoring solutions, thereby reinforcing their market position. The introduction of such innovative technologies aligns with the industry's shift towards digitalization and could potentially lead to improved compliance with regulatory standards.

In September 2025, Sensitech (US) expanded its partnership with a leading logistics provider to enhance its cold chain visibility solutions. This collaboration is expected to integrate advanced tracking technologies, thereby improving supply chain transparency and efficiency. Such strategic alliances are indicative of a broader trend where companies are seeking to combine their strengths to offer comprehensive solutions that meet the evolving needs of customers.

In August 2025, Zebra Technologies (US) launched a new suite of cold chain monitoring devices designed for the food and beverage industry. This initiative reflects a growing emphasis on sustainability and food safety, as the company aims to address the increasing consumer demand for transparency in food sourcing and handling. By focusing on these critical areas, Zebra Technologies is likely to enhance its competitive positioning in a market that is becoming increasingly conscious of environmental impacts.

As of November 2025, the competitive trends in the cold chain-monitoring market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service offerings. The evolution of competitive differentiation appears to be shifting from price-based competition towards a focus on technological innovation and supply chain reliability. This transition suggests that companies that prioritize these aspects will likely emerge as leaders in the market.

Key Companies in the India Cold Chain Monitoring Market market include

Industry Developments

The India Cold Chain Monitoring Market has witnessed significant developments recently, driven by the growing demand for temperature-sensitive products, especially in the pharmaceuticals and food sectors. In August 2023, Carrier announced advancements in their cold chain solutions, focusing on IoT-enabled monitoring systems that enhance tracking and efficiency. Similarly, in September 2023, Emerson introduced a new monitoring platform designed to provide real-time data on temperature and humidity, aiming to address compliance and safety in the food supply chain. Major players like Danfoss and Cold Chain Technologies are also expanding their portfolio, emphasizing sustainable practices and technological innovations.

The market is experiencing growth, with a reported valuation increase to approximately USD 4 billion in 2022, projected to continue as the government supports infrastructure development and regulatory compliance. There have been no significant mergers or acquisitions involving the specified companies in the recent past. However, collaborations between logistics firms such as Tech Mahindra and XPO Logistics to improve supply chain efficiencies are noteworthy. Notable developments in the last two years included increased investments in cold chain infrastructure, highlighting India's commitment to improving food security and quality standards.

Future Outlook

India Cold Chain Monitoring Market Future Outlook

The cold chain-monitoring market in India is projected to grow at a 6.65% CAGR from 2024 to 2035, driven by technological advancements and increasing demand for food safety.

New opportunities lie in:

  • Development of IoT-enabled temperature monitoring devices
  • Expansion of cloud-based data analytics for real-time tracking
  • Integration of blockchain technology for enhanced supply chain transparency

By 2035, the market is expected to achieve substantial growth, driven by innovation and increased regulatory compliance.

Market Segmentation

India Cold Chain Monitoring Market End Use Outlook

  • Retail
  • Transportation
  • Warehousing
  • Distribution

India Cold Chain Monitoring Market Technology Outlook

  • Temperature Monitoring
  • Humidity Monitoring
  • Location Tracking
  • Data Loggers

India Cold Chain Monitoring Market Application Outlook

  • Pharmaceuticals
  • Food and Beverages
  • Chemicals
  • Healthcare
  • Agriculture

India Cold Chain Monitoring Market Product Type Outlook

  • Hardware
  • Software
  • Services

Report Scope

MARKET SIZE 2024 661.0(USD Million)
MARKET SIZE 2025 704.96(USD Million)
MARKET SIZE 2035 1342.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.65% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Thermo Fisher Scientific (US), Sensitech (US), Zebra Technologies (US), Monnit Corporation (US), Berlinger & Co. AG (CH), Emerson Electric Co. (US), DHL Supply Chain (DE), Controlant (IS)
Segments Covered Application, Product Type, Technology, End Use
Key Market Opportunities Integration of IoT and AI technologies enhances efficiency in the cold chain-monitoring market.
Key Market Dynamics Rising demand for temperature-sensitive products drives innovation in cold chain-monitoring technologies and regulatory compliance.
Countries Covered India

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FAQs

What is the expected market size of the India Cold Chain Monitoring Market in 2024?

In 2024, the India Cold Chain Monitoring Market is expected to be valued at 331.73 million USD.

What is the projected market value of the India Cold Chain Monitoring Market by 2035?

By 2035, the market is projected to reach a value of 1329.91 million USD.

What is the expected compound annual growth rate (CAGR) for the India Cold Chain Monitoring Market from 2025 to 2035?

The expected CAGR for the India Cold Chain Monitoring Market from 2025 to 2035 is 13.455%.

Which application is projected to have the highest market value in 2035?

In 2035, the Pharmaceuticals application is projected to have a market value of 336.0 million USD.

What are the expected market values for Food and Beverages in 2024 and 2035?

The Food and Beverages segment is expected to be valued at 100.0 million USD in 2024 and 400.0 million USD in 2035.

Who are the key players in the India Cold Chain Monitoring Market?

Key players in the market include Carrier, Emerson, Blue Star, and Danfoss.

What is the projected market size for the Chemicals application in 2035?

The Chemicals application is projected to reach a market size of 180.0 million USD by 2035.

What is the market size for the Healthcare application in 2024?

In 2024, the Healthcare application is expected to be valued at 60.0 million USD.

What is the expected market growth for the Agriculture segment by 2035?

The Agriculture segment is expected to grow to a market value of 173.91 million USD by 2035.

How does the growth rate of the India Cold Chain Monitoring Market compare to its 2024 size?

The 2025 to 2035 growth rate indicates a significant increase from the 2024 market size of 331.73 million USD.

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