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2022
Food Logistics Market

Food Logistics Market by Transportation Mode (Railways, Roadways, Seaways, and Airways), Product Type (Fish, Shellfish, and Meat, Vegetables, Fruits, and Nuts, Cereals, Bakery and Dairy Products, Coffee, Tea, and Vegetable Oil, and Others), and Service Type (Cold Chain, Non-Cold Chain): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jul 2022 | 203 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Food Logistics Market

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The detailed flow of items from point of origin to point of consumption to fulfill the needs of businesses and consumers is referred to as logistics. It helps with the storage and movement of products and services by planning, managing, and implementing them. It also aids in the continual delivery of both non-durable and durable products from a variety of distributors and providers. As a result, logistics is extremely important in the food business. To control and optimize supply chain operations, transportation and logistics companies employ a variety of equipment, expertise, and technologies. The rapid rise in the prevalence of e-retail in the food and retail sector is driving the expansion of the global food logistics market. Because logistics is such an important aspect of the storing, shipping, and delivery of products ordered online, it has boosted market growth.

COVID-19 Impact analysis

  • The pandemic has a variety of effects on the logistics business, with the Logistics Managers' Index (LMI) for April 2020 reaching an all-time low. Inventory (levels and costs), warehousing (capacity, usage, and prices), and transportation are among the eight components that make up the LMI (capacity, utilization, and prices).  
  • The COVID-19 pandemic severely affected the supply chains. Due to widespread lockdown many industries were closed this lead to fall in demand of logistics. 
  • Even though industry suffered from pandemic, it was one of the few industries that kept the global economy afloat. The industry is expected to grow exponentially in the future.

Top Impacting Factors

  • The convergence of logistics and technology, combined with cloud-based collaborative solutions that span the entire supply chain, has enabled a tight integration of warehouse, transportation, and end-user information, as well as supply chain transparency, which has been identified as a key driver in the market's growth.
  • The rapid rise in the prevalence of e-retail in the food and retail sector is driving the expansion of the global food logistics market.
  • Improvements in distribution networks and infrastructure in developing nations, as well as the use of new technologies by logistics providers to improve their business processes, are some of the major factors that are positively influencing the industry.

Market Trends

Cold Chain Monitoring to Retain a Major Market Share

A power shift from manufacturers to retailers has come from rapidly changing food habits, increased demand for packaged food, and tight restrictions on packing and storage. The major drivers of automation and technology adoption in the food and beverage logistics industry are processes that focus on zero contamination, precise storage, and high-speed storage and retrieval operations. Food manufacturers can use a cold chain monitoring solution to efficiently manage the storage, transport, and distribution of items that require a temperature-controlled environment. Incomplete cooling chains caused by mechanical breakdowns, traffic delays, and other causes generate temperature fluctuations that can influence the deterioration and safety of perishable foods. In addition, inefficient operational processes can be exacerbated by a lack of real-time sight of product locations. 

As a result, implementing cold chain monitoring guarantees that commodities are transported and stored at consistent temperatures. Technology such as Bluetooth Low Energy (BLE) beacons with temperature sensors allows for continuous and seamless tracking of goods locations at important checkpoints and tracing of temperature data during shipment or across the supply chain.  Several food logistics companies are expanding their operations. Third-party food logistics business FreezPak Logistics, for example, announced intentions to establish a 140,000 square-foot facility in the United States in September 2020, complete with an automated storage and retrieval system.

The area will be supplied with 12 robots that can retrieve and store products automatically.

Increasing Digitization to lead the market

IoT technology has evolved from a futuristic vision to a tactical tool for logistics firms to adopt in their supply chain as the digital economy continues to flourish. Sensors and IoT tools are changing traditional asset tracking into intelligent supply chains that can generate a higher return on investment for logistics organizations. These IoT-enabled sensors provide real-time information of asset/fleet location, fleet mobility speed, temperature conditions, and other critical data sets to the food industry.

Additionally, the sensors assist associated parties in precisely monitoring food safety data points, ensuring effective cold chain management. This information ensures adherence to local and international regulations. Companies can gain access to consistent, useful data to implement food safety solutions by implementing automated Hazard Analysis Critical Control Points (HACCP) checklists during the production, manufacturing, and transporting processes, for example. 

Key Benefits of the Report

  • This study presents the analytical depiction of the Food Logistics Market industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Food Logistics Market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the Food Logistics Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Food Logistics Market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Report

  • Who are the leading market players active in the Food Logistics Market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is Food Logistics Market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the Food Logistics Market?

Key Market Segments

Segments Sub-segments
By Transportation Mode
  • Railways
  • Roadways
  • Seaways
  • Airways
By Product Type
  • Fish, Shellfish, and Meat
  • Vegetables, Fruits, and Nuts
  • Cereals, Bakery and Dairy Products
  • Coffee, Tea, and Vegetable Oil
  • Others
By Service Type
  • Cold Chain
  • Non-Cold Chain
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa


Key Market Players

  • 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
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
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