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The global food logistics market was valued at US$ 101.1 Billion in 2020.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in numerous transportation restrictions and shortage of workers, thereby disrupting the supply chain of food items.
The rising demand for ready-to-eat food products that need prevention from spillage, cross-contamination or tampering, spoilage, etc., represents one of the key factors catalyzing the global food logistics market.
Based on the transportation mode, the global food logistics market has been divided into roadways, seaways, airways, and railways, where roadways currently exhibit a clear dominance in the market.
Based on the product type, the global food logistics market can be segregated into vegetables, fruits, and nuts; coffee, tea, and vegetable oil; fish, shellfish, and meat; cereals, bakery, and dairy products; and others. Among these, fish, shellfish, and meat hold the majority of the total market share.
Based on the service type, the global food logistics market has been bifurcated into cold chain and non-cold chain. Currently, cold chain represents the largest segment.
Based on the segment, the global food logistics market can be categorized into transportation, packaging, and instrumentation. Among these, the transportation sector currently exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, 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, and Odyssey Logistics & Technology Corporation.
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