The Smart Food Logistics Market is expected to grow from USD 12.04 billion in 2023 to USD 23.81 billion by 2028, with a CAGR of 14.61%. The market is driven by the rising trend of utilizing cold chain monitoring technologies to manage temperature-controlled products. IoT technology and cloud-based solutions are enabling real-time information and transparency in the supply chain. The market is witnessing strategic mergers, acquisitions, and investments. The COVID-19 pandemic has increased the adoption of technology and digitalization in the industry, creating growth opportunities. Cold chain monitoring is an important trend in the market.
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