Report Code: A15470 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Food Logistics Market
Request Now !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
Top Impacting Factors
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.Â
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. Â 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.Â
Key Benefits of the Report
Questions answered in the Report
Food Logistics Market Report Highlights
Aspects | Details |
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By Transportation Mode |
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By Product Type |
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By Service Type |
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By Region |
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Key Market Players | Deutsche Bahn (DB) Schenker AG, Schneider National, CaseStack,, Echo Global Logistics, Inc, A.N. Deringer, Inc, Evans Distribution Systems, Inc, Hellmann Worldwide Logistics SE & Co. KG, AmeriCold Logistics LLC, Matson Logistics, C.H. Robinson Worldwide, Inc, Odyssey Logistics & Technology Corporation |
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