Food Logistics Market Growth or Demand Increase or Decrease for what contains:
The increased worldwide trade of perishable commodities, combined with expanding consumer demand, is boosting cold management chains, which are distinguished by temperature control and monitoring using technology such as the Internet of Things (IoT). The increased public awareness of global hunger and food waste is driving the growth of the food logistics sector, which aims to reduce food waste through effective food management. Growing urbanisation and rising disposable income have significantly increased expenditure on food supplies, and customers are becoming more reliant on home delivery, moving the food logistics business forward.
Market Growth or Demand Increase or Decrease:
The Food Logistics Market size was valued at US$ 118.45 billion in 2022.
The total revenue is expected to grow at a CAGR of 8.3% from 2023 to 2029.
The market is projected to reach nearly US$ 207.00 billion by 2029.
Food Logistics Market CAGR Estimation:
Food Logistics Market size was valued at US$ 118.45 Bn. in 2022 and the total revenue is expected to grow at 8.3 % through 2023 to 2029
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Food Logistics Market Segmentation:
By Product Type:
Fish, Shellfish, and Meat
Vegetables, Fruits, and Nuts
Cereals, Bakery, and Dairy Products
Coffee, Tea, and Vegetable Oil
Others
By Transportation Mode:
Railways
Roadways
Waterways
Airways
By Service Type:
Cold Chain
Non-Cold Chain
The market is divided into two segments based on the type of service provided: cold chain and non-cold chain. In 2021, the cold chain segment had the highest share, accounting for xx percent. Rapidly changing food habits, growing demand for packaged food, and stringent packing and storage regulations have all contributed to a shift in power from manufacturers to merchants. Processes focusing on zero contamination, precise storage, and high-speed storage and retrieval procedures are the primary drivers of automation and technology adoption in the food and beverage logistics industry.
A cold chain monitoring solution can help food makers manage the storage, shipment, and distribution of commodities that need to be kept at a specific temperature. Incomplete cooling chains caused by mechanical breakdowns, transportation delays, and other causes produce temperature swings that can influence.
Food Logistics Market Overview:
Logistics in the food industry involves the detailed flow of items from origin to consumption to meet corporate and consumer needs. It includes planning, control, and implementation of goods and service storage and flow, ensuring continuous delivery of non-durable and durable goods from various distributors and vendors.
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Food Logistics Market: Which Regions are Experiencing Growth or Increased Demand?
Europe:
Expected to hold the largest market share in 2021.
Significant use of road transportation for food logistics.
Efforts to reduce food waste and greenhouse gas emissions from transportation.
Food Logistics Market Scope and Methodology:
Scope:
Detailed analysis of global and regional food logistics markets.
Examination of market segments by product type, transportation mode, and service type.
Study of market dynamics, including growth drivers, restraints, and opportunities.
Methodology:
Analysis based on historical data from 2018 to 2022.
Forecasting market size and trends for the period 2023 to 2029.
Use of PORTER and PESTEL analysis to understand external and internal factors affecting the market.
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Food Logistics Market Key Players:
1. AmeriCold Logistics LLC
2. Deutsche Bahn (DB) Schenker AG
3. C.H. Robinson Worldwide, Inc.
4. Schneider National
5. CaseStack
6. A.N. Deringer, Inc.
7. Echo Global Logistics, Inc.
8. Evans Distribution Systems, Inc.
9. Hellmann Worldwide Logistics SE & Co. KG
10.Matson Logistics
11.Odyssey Logistics & Technology Corporation
12.Kerry Logistics Network Ltd.
13.Nippon Express Co. Ltd.
14.ColdEX Ltd.
15.DACHSER SE
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Key questions answered in the Food Logistics Market are:
• What is Food Logistics?
• What is the growth rate of the Food Logistics Market?
• Which are the factors expected to drive the Food Logistics market growth?
• What are the different segments of the Food Logistics Market?
• What growth strategies are the players considering to increase their presence in Food Logistics?
• What are the upcoming industry applications and trends for the Food Logistics Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Food Logistics Market?
• What major challenges could the Food Logistics Market face in the future?
• What segments are covered in the Food Logistics Market?
• Who are the leading companies and what are their portfolios in Food Logistics Market?
• What segments are covered in the Food Logistics Market?
• Who are the key players in the Food Logistics market?
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