OCTOBER 20236EDITORIALOctober - 7 - 2023, Vol - 03, Issue - 17 ISSN 2836-1989WPublished by ValleyMedia, Inc. Editorial StaffAva GarciaDavies MedowsJohnson Heller Joshua Parkersales@foodbusinessreview.comeditor@foodbusinessreview.commarketing@foodbusinessreview.comEmailVisualizerManaging EditorFood Business Review Visit www.foodbusinessreview.comCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.TO SUBSCRIBE TOVian IsaacStanley MartinStanley MartinManaging Editoreditor@ foodbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsInnovative Technologies to Unleash Cold Chain PotentialCold chains have been growing due to globalization, increased demand for perishable goods, and the need to preserve the efficacy of temperature-sensitive products. Technological innovations in the cold chain have been pivotal in enhancing its efficiency and effectiveness. Innovations in insulation materials, refrigeration systems, and temperature-control technologies have led to more energy-efficient cold storage facilities. Advanced analytics and AI are used to process the data collected by IoT devices, allowing for predictive maintenance, risk assessment, and optimization of logistics routes. Developing more eco-friendly and energy-efficient refrigeration systems minimizes environmental impact while maintaining product integrity. The global cold chain market was $233.2 bn in 2022 and is projected to grow at a CAGR of 18.6 percent from 2023 to 2030. Increasing e-commerce sales and changes in consumer preferences will drive market growth. Cold chain solutions are in greater demand in developing economies due to the growing number of organized retail stores. Cold chain investments and government initiatives to reduce food waste will stimulate market growth. RFID and automation can provide significant growth opportunities for the cold chain market due to the growing adoption of these technologies.This edition of Food Business Review brings recent trends and developments in cold chains and how automation has improved the speed and precision of packing, sorting, and palletizing tasks in cold storage facilities and distribution centers.It features a thought leadership article from Scott Sayre, Director of Supply Chain and Contracts at The Human Bean, who discusses the importance of leveraging artificial intelligence to improve visibility and operational efficiency, helping businesses complete operations to achieve the desired outcomes. It also features an article from Larry Williams, Chief Supply Chain Officer at Biscuitville Fresh Southern, who emphasizes resolving production delays or shortages by adjusting delivery cycles without waiting for a third-party warehouse or delivery organization's response. In this edition of Food Business Review, we also bring you the story of cold chain companies delivering specialized packaging materials and technologies designed to protect products from temperature fluctuations and ensure their efficacy.This edition features the top Cold Chain Services Providers 2023, facilitating cutting tools that allow easy access to real-time data and better decision-making and coordination within the cold chain. We hope you find the right partner to meet your business needs.Let us know your thoughts!Celestial Jordan
< Page 5 | Page 7 >