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The global food logistics market reached a value of US$ 100.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 154.5 Billion by 2027, exhibiting a CAGR of 8.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Food logistics involves planning, implementing, and controlling the movement of different food products and beverages within a supply chain. It comprises inbound and outbound transportation, warehousing, fleet management, material handling, order fulfilment, inventory management, and demand planning. It assists in ensuring that the food products are stored at optimum temperatures to maintain their freshness and quality. It also helps create additional value, improve efficiency, reduce costs, and cater to the consumer experience. As several restaurants, cafes, and hotels are relying on food delivery apps to deliver quick meals, there is a rise in the need for food logistics worldwide.
Food Logistics Market Trends:
There is an increase in the awareness among individuals about the benefits of ordering food products through online portals, which offer easy availability, convenience, and wide product catalogs. This, in confluence with the thriving e-commerce industry, represents one of the major factors positively influencing the demand for food logistics. In addition, rapid urbanization, busy lifestyles, considerable reliance on smartphones, rising penetration of the high-speed internet and expanding purchasing power of individuals are contributing to the market growth. Furthermore, the growing preference for ordering fresh and high-quality food products and shifting consumer inclination towards a hassle-free shopping experience is creating a positive outlook for the market. Besides this, the escalating demand for robotic solutions among food product manufacturers and retailers to perform repetitive production tasks, manage inventory, automated packaging, and monitor deliveries are fueling the market growth. Apart from this, key players are offering food logistics monitoring systems integrated with advanced technologies, such as artificial intelligence (AI), augmented reality (AR), blockchain, and the internet of things (IoT). These systems provide real-time information and predictive alerts of warehouse management, transportation, and delivery, which is offering lucrative growth opportunities to industry players.
IMARC Group provides an analysis of the key trends in each sub-segment of the global food logistics market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on transportation mode, product type, service type, and segment.
Breakup by Transportation Mode:
Roadways dominate the market as they provide quick pickups and deliveries.
Breakup by Product Type:
Food logistics assist in maintaining the quality of fish, shellfish, and meat and improving their overall shelf-life.
Breakup by Service Type:
The cold chain represents the most significant service type as it eliminates food safety risks and enhances food quality.
Breakup by Segment:
Transportation accounts for the majority of the total market share as it aids in ensuring food safety, reducing the damage of goods and managing timely deliveries.
Regional Insights:
North America holds the majority of the global food logistics market share due to the strong presence of logistics industries and continuous technological advancements in the region.
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Americold, Deutsche Bahn AG, C.H. Robinson Worldwide, Inc., Schneider National, Inc., Hub Group, Inc., A.N. Deringer, Inc., Echo Global Logistics, Inc., Evans Distribution Systems, Inc., Hellmann Worldwide Logistics SE & Co. KG, Matson, Inc., and Odyssey Logistics & Technology Corporation.
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Transportation Mode, Service Type, Segment, Product Type, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered | AmeriCold Logistics LLC, Deutsche Bahn (DB) Schenker AG, C.H. Robinson Worldwide, Inc., Schneider National, CaseStack, A.N. Deringer, Inc., Echo Global Logistics, Inc., Evans Distribution Systems, Inc., Hellmann Worldwide Logistics SE & Co. KG, Matson Logistics and Odyssey Logistics & Technology Corporation |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global food logistics market was valued at US$ 100.1 Billion in 2021.
We expect the global food logistics market to exhibit a CAGR of 8.1% during 2022-2027.
The advent of Artificial Intelligence (AI) solution in food logistics companies, to reduce delivery times
without damaging perishable food products, is currently catalyzing the global food logistics market.
The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of smart food logistic
solutions as they enable re-routing of the supply chain, owing to the growing consumer inclination
towards online retail platforms for the purchase of numerous food products.
Based on the transportation mode, the global food logistics market has been divided into railways,
roadways, seaways, and airways. Currently, roadways hold the majority of the total market share.
Based on the product type, the global food logistics market can be segregated into fish, shellfish, and
meat, vegetables, fruits, and nuts, cereals, bakery and dairy products, coffee, tea, and vegetable oil, and
others. Among these, fish, shellfish, and meat currently exhibit a clear dominance in the market.
Based on the service type, the global food logistics market has been bifurcated into cold chain and non-
cold chain. Currently, cold chain service accounts for the largest market share.
Based on the segment, the global food logistics market can be categorized into transportation,
packaging, and instrumentation. Among these, transportation segment holds the majority of the global
market share.
On a regional level, the market has been classified into Asia-Pacific, North America, Europe, Middle East
and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global food logistics market include AmeriCold Logistics LLC, Deutsche
Bahn (DB) Schenker AG, C.H. Robinson Worldwide, Inc., Schneider National, CaseStack, A.N. Deringer,
Inc., Echo Global Logistics, Inc., Evans Distribution Systems, Inc., Hellmann Worldwide Logistics SE & Co.
KG, Matson Logistics, Odyssey Logistics & Technology Corporation, etc.
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