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Smart Food Logistics Market 2022 | Top Impacting Factors That Could Escalate Market's Rapid Growth

03-11-2022 10:57 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Smart Food Logistics Market 2022 | Top Impacting Factors That

The rise in the usage of advanced data analytics, enhanced automation and robotics for hardware, software and mobile computing for enterprise resource planning are the factors driving the growth of the smart food logistics market. In addition, advanced transportation medium fitted with smart sensors to enhance the supply chain is propelling the growth of the market. However, the problems related to the absence of real-time transparency of resources positions leading to disturbance in operational processes is the factor hampering the growth of the market. Furthermore, the convergence of logistics and technology, along with cloud-based solutions is the factor providing lucrative opportunities to the growth of the smart food logistics market during the forecast period.

Rapid change in food habits, increased demand for packaged food, and strict regulations regarding packing and storage have brought about a shift in the food logistics market. Practices focusing on storage and high-speed transportation are the main reasons driving the adoption of the technologies in the food logistics process. A cold chain monitoring solution is helping the food manufacturers effectively manage the storage, shipment, and distribution of products that require a temperature-controlled environment. Inadequate cooling environment caused by technical breakdowns, traffic interruptions, and other factors create temperature change and can affect foods spoilage and safety.

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The North American region is expected to lead the market in the forecasted period. The region is adopting smart logistics because of the presence of major vendors and rising concerns to reduce wastage and improve resources. This region is an important asset tracking market owing to the presence of the manufacturing and transportation & logistics industries, with numerous technological advancements throughout the region. Moreover, government initiatives and regulations in various industries are likely to boost market growth.

Access full summary at: https://www.alliedmarketresearch.com/smart-food-logistics-market-A14948

Key industry players - Orbcomm Inc., Sensitech Inc., Berlinger & Co. AG, Geotab Inc., Kii Corporation, Hacobu Co. Ltd., Teletrac Navman Ltd., Monnit Corporation, Controlant, Samsara Inc.

Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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