Global Food Logistics Market to be Driven by the Food and Beverage Industry Growth in the Forecast Period of 2021-2026

iCrowdNewswire

Sep 09, 2021

The new report by Expert Market Research titled, ‘Global Food Logistics Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global food logistics market, assessing the market based on its segments, products, transportation mode, service type and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@  https://www.expertmarketresearch.com/reports/food-logistics-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 101 Billion
  • Forecast CAGR (2021-2026): 8%

One of the main reasons for the growth of the food logistics industry is the strong growth in the food and beverage sector. Furthermore, rising demand for packaged and convenience foods is boosting industry growth. The rapid rise in the prevalence of e-commerce in the food and retail sectors is fuelling market growth. Because logistics is an important part of storing, transporting, and delivering goods purchased online, it has provided a positive boost to the market. Aside from that, the introduction of artificial intelligence (AI) has allowed logistics companies to improve delivery capability. Other factors that are strongly driving the industry include improved distribution channels and infrastructure in developing countries, as well as the introduction of advanced technologies by logistics service providers to improve their business operations.

Industry Definition and Major Segments

Logistics is the process of organising and moving goods from one location to storage in another. It also entails locating potential distributors and suppliers and assessing their efficiency and availability. In the food industry, logistics is critical; it is used to handle incoming goods, warehouse management, order fulfilment, and delivery process of finished and semi-finished goods.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/food-logistics-market

Based on segments, the market is divided into:

  • Transportation
  • Packaging
  • Instrumentation

Based on products, the industry is segmented into:

  • Dairy Products
  • Bakery and Confectionary
  • Processed Food and Vegetable Oil
  • Fish, Meat, And Seafood
  • Fruits and Vegetables
  • Fruit Pulp and Concentrates
  • Coffee and Tea
  • Others

Based on transportation mode, the market can be categorised as:

  • Airway
  • Seaway
  • Roadway
  • Railway

Based on service type, the market is divided into:

  • Cold Chain
  • Non-Cold Chain

Latest News on Global Food Logistics Market@  https://www.expertmarketresearch.com/pressrelease/global-food-logistics-market

On the basis of regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

One of the market’s key drivers is rising internet penetration. The growth of the e-commerce sector like, online retail shopping, is fuelling market expansion. The market is also being driven by the evolution of services because of increased competition. The food logistics sector aims to reduce logistic cost and carbon footprints, as well as promote sustainability, by implementing cutting-edge information technology such as big data, blockchain, simulation, and system integration. Additionally, rising customer demand for global and imported goods is boosting industry growth. Furthermore, market growth is being aided by factors such as demographic trends and shelf life. Rising consumer demand for food safety and transparency in the food and beverage industry is also critical to industry growth.

Key Market Players

The major players in the market are AmeriCold Logistics LLC, Dachser Group SE & Co. KG, AJC International, Inc, CJ Logistics Corporation, C.H. Robinson Worldwide, Inc., Matson, Inc., Hellmann Worldwide Logistics SE & Co. KG, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Our services include: Procurement Research

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Content Source

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