IMARC Group, a leading market research company, has recently releases report titled “Food Logistics Market Report by Transportation Mode (Railways, Roadways, Seaways, Airways), Product Type (Fish, Shellfish, and Meat, Vegetables, Fruits, and Nuts, Cereals, Bakery and Dairy Products, Coffee, Tea, and Vegetable Oil, and Others), Service Type (Cold Chain, Non-Cold Chain), Segment (Transportation, Packaging, Instrumentation), and Region 2024-2032.” The study provides a detailed analysis of the industry, including the global food logistics market trends, share, size and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the food logistics market?
The global food logistics market size reached US$ 114.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 211.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032.
What is food logistics?
Food logistics refers to the intricate process of planning, implementing, and managing the efficient flow of food products from their point of origin to the final consumer. This encompasses a range of activities, including procurement, transportation, storage, and distribution. Food logistics plays a pivotal role in ensuring that perishable goods such as fresh produce, dairy products, and meat reach their intended destinations in a timely manner while maintaining their quality and safety. Efficient food logistics require a well-coordinated network of suppliers, distributors, warehouses, and transportation providers. The goal is to minimize delays, reduce waste, and optimize the use of resources throughout the supply chain. This involves careful consideration of factors such as temperature control, packaging, and regulatory compliance to safeguard the integrity of the products.
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What are the growth prospects and trends in the food logistics industry?
The changing consumer preferences are driving the demand for diverse and perishable food products from around the world. Consumers are seeking a wider range of fresh, organic, and exotic foods, necessitating complex and efficient logistics solutions to ensure timely delivery while maintaining product quality. Additionally, the globalization of food trade is a significant driver. With food sourced from various regions, the need for seamless cross-border transportation and compliance with international regulations becomes paramount. This requires sophisticated logistics networks capable of navigating intricate customs procedures and trade agreements. Moreover, advancements in technology are revolutionizing the food logistics landscape. Innovations such as temperature-controlled transportation, real-time tracking, and data analytics are enhancing visibility, traceability, and overall supply chain efficiency. These technologies not only streamline operations but also ensure that products adhere to strict quality and safety standards.
What is included in market segmentation?
The report has segmented the market into the following categories:
Transportation Mode Insights:
- Railways
- Roadways
- Seaways
- Airways
Product Type Insights:
- Fish, Shellfish, and Meat
- Vegetables, Fruits, and Nuts
- Cereals, Bakery and Dairy Products
- Coffee, Tea, and Vegetable Oil
- Others
Service Type Insights:
- Cold Chain
- Non-Cold Chain
Segment Insights:
- Transportation
- Packaging
- Instrumentation
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
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Who are the key players operating in the industry?
The report covers the major market players including:
- AmeriCold Logistics LLC
- Deutsche Bahn (DB) Schenker AG
- H. Robinson Worldwide, Inc.
- Schneider National
- CaseStack
- N. Deringer, Inc.
- Echo Global Logistics, Inc.
- Evans Distribution Systems, Inc.
- Hellmann Worldwide Logistics SE & Co. KG
- Matson Logistics
- Odyssey Logistics
- Technology Corporation
Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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