According to the latest report by IMARC Group, titled “Groceries Transportation Market by Product Type (Vegetables and Fruits, Dairy Products, Meat and Seafood, and Others), Transportation Mode (Roadways, Railways, Seaways, Airways), and Region 2024-2032,” the global groceries transportation market size reached US$ 7.1 Trillion in 2023. Groceries transportation refers to the movement of food and other perishable items from suppliers or manufacturers to retail stores, supermarkets, or distribution centers. It is a logistical process that ensures fresh and packaged food products reach the hands efficiently of consumers and on time. It relies on effective planning, reliable logistics partners, and adherence to strict quality and safety standards.
Global Groceries Transportation Market Trends:
There is an increase in the inclination towards ready to eat (RTE) food products on account of rapid urbanization and expanding purchasing power of consumers. This, coupled with the burgeoning food and beverage (F&B) industry, represents one of the primary factors driving the demand for groceries transportation around the world. Moreover, rising preferences for perishable goods, such as fresh produce and dairy products, that require temperature-controlled transportation to preserve their quality and safety are augmenting the market growth. In addition, there is an increase in the number of e-commerce and online grocery platforms that necessitate reliable and fast transportation to deliver goods directly to the doorsteps of consumers. This, along with the shifting consumer inclination toward hassle-free shopping experiences, is favoring the growth of the market. Apart from this, the growing presence of well-maintained roads, highways, and transportation hubs that facilitate smooth and timely groceries transportation is influencing the market positively. Looking forward, the market value is projected to reach US$ 10.7 Trillion by 2032, expanding at a CAGR of 4.4% during 2024-2032.
Market Summary:
- Based on the product type, the market has been divided into vegetables and fruits, dairy products, meat and seafood, and others. At present, meat and seafood dominate the market.
- On the basis of the transportation mode, the market has been segregated into roadways, railways, seaways, and airways. Roadways currently account for the biggest share in the market.
- Region-wise, the market has been segmented into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
- The competitive landscape of the market has also been examined, with some of the key players being Cargill Incorporated, Domenico Transportation Co., H&M Bay Inc., Hellmann Perishable Logistics, J.B. Hunt Transport, Inc., Lynden Incorporated, McLane Company Inc., Pilot Freight Services (A.P. Møller – Mærsk A/S), PSS Distribution Services, Ryder System Inc., SpartanNash Company, Total Quality Logistics LLC, and Trinity Logistics (Burris Logistics Company).
Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Trillion |
Product Type Covered |
Vegetables and Fruits, Dairy Products, Meat and Seafood, Others |
Transportation Mode Covered |
Roadways, Railways, Seaways, Airways |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Cargill Incorporated, Domenico Transportation Co., H&M Bay Inc., Hellmann Perishable Logistics, J.B. Hunt Transport, Inc., Lynden Incorporated, McLane Company Inc., Pilot Freight Services (A.P. Møller – Mærsk A/S), PSS Distribution Services, Ryder System Inc., SpartanNash Company, Total Quality Logistics LLC, Trinity Logistics (Burris Logistics Company), etc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
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Corporate License: US$ 5899 |
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) |
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