The cold chain market is estimated to be valued at USD 203.14billion in 2018 and is projected to reach a value of USD 293.27 billion by 2023, at a CAGR of 7.6%. The frozen cold chain market is segmented into fruits & vegetables, bakery & confectionery products, dairy& frozen desserts, meat, fish, and seafood products, and others. The fruits &vegetables segment is projected to be the fastest-growing market during the forecast period. The frozen fruits & vegetables have longer storage with minimal wastage, and are hence growing at the highest CAGR. Also, the global demand for healthy foods has subsequently fuelled the demand for fruits & vegetables.