Press release
Smart Food Logistic Services Market will reach at $ 56.776 billion by 2032, Development Data, Growth Analysis & Forecast 2022 to 2028 -LYNA LOGICS, YUSEN LOGISTICS, Verizon Connect, Teletrac Navman, Sensitech and Geotab, Seaos, Samsar
Smart food logistics provider helps FMCG industries to maintain the quality of foods, such as fruits and vegetables, so that it does not spoil. Smart food logistics companies use wireless temperature sensors that help preserve frozen foods and provide multi-zone monitoring in refrigerated trucks and trailers.
Smart food logistics providers utilize cloud-based collaborative solutions that spread through the entire supply chain. These solutions offer tight integration of transport, warehouse and end consumer information, and transparency through the supply chain.
Increase in digitalization day by day, IoT technology has a vital role to play in addressing cold chain encounters by providing real-time visibility into consignment status, including temperature, location, and other conditions
Adoption of smart food logistics is expected to increase, as it provides real-time knowledge about fleet/asset location and information about temperature conditions
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Global Smart Food Logistic Services: Top Key Players
LYNA LOGICS, YUSEN LOGISTICS, Verizon Connect, Teletrac Navman, Sensitech and Geotab, Seaos, Samsara Networks, Nippon Express, Monnit Corporation, Kii Corporation, Kouei System, Hacobu, Controlant
This report examines all the key factors influencing growth of global Smart Food Logistic Services, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Smart Food Logistic Services unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Product types uploaded in the Smart Food Logistic Services are:
Cold Chain Monitoring, Asset Tracking, Fleet Management
Key applications of this report are:
E-Commerce, Supermarket, Agricultural Trade
Impact of COVID-19 on the Smart Food Logistics Market
Increasing cases of COVID-19 across the globe are resulting in an economic slowdown. Developed countries are strongly affected by the pandemic. COVID-19 has had a negative impact on the smart food logistics market. Some companies have withheld all investments in advanced business solutions and tools due to the low return on investment.
North America to Hold Major Share of the Smart Food Logistics Market
North America is the global leader in smart food logistics market due to the presence of several vendors and growing concern about optimization of resource and elimination of wastage. North America holds a major share due to the strong presence of logistics industries, manufacturing and transport, with various technological advancements in the region. Moreover, government regulations and initiatives in several end-user industries are anticipated to further boost the North America market.
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Smart Food Logistic Services: Regional analysis includes
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt)
Some Points from Table of Contents
Chapter 1 Toll Like Receptor 8 Introduction and Market Overview
Chapter 2 Executive Summary
Chapter 3 Industry Chain Analysis
Chapter 4 Global Smart Food Logistic Services, by Type
Chapter 5 Smart Food Logistic Services, by Application
Chapter 6 Global Smart Food Logistic Services Analysis by Regions
Chapter 7 North America Smart Food Logistic Services Analysis by Countries
Chapter 8 Europe Smart Food Logistic Services Analysis by Countries
Chapter 9 Asia Pacific Smart Food Logistic Services Analysis by Countries
Chapter 10 Middle East and Africa Smart Food Logistic Services Analysis by Countries
Chapter 11 South America Smart Food Logistic Services Analysis by Countries
Chapter 12 Competitive Landscape
Chapter 13 Industry Outlook
Chapter 14 Global Smart Food Logistic Services Forecast
Chapter 15 New Project Feasibility Analysis
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Cold Chain Monitoring to Hold a Significant Share
The need to maintain the cold chain throughout the delivery process rose a significant barrier for many producers of perishable goods, artisanal food producers, and farmers with little or no logistic capacities of their own.
Rapidly changing food habits, heightened demand for packaged food, and stringent regulations regarding packing and storage have resulted in a power shift from manufacturers to retailers. Processes focusing on zero contamination, precise storage, and high-speed storage and retrieval operations are the key reasons driving automation and the adoption of the technologies in the food and beverage logistics process.
A cold chain monitoring solution helps the food manufacturers efficiently manage the storage, shipment, and distribution of products requiring a temperature-controlled environment. Incomplete cooling chains caused by mechanical breakdowns, traffic delays, and other factors create changing temperatures that can affect perishable foods' spoilage and safety. Also, a lack of real-time visibility of goods locations can contribute to inefficient operational processes.
Hence, the adoption of cold chain monitoring ensures stable temperatures for the transport and storage of goods. Technologies like Bluetooth Low Energy (BLE) beacons with temperature sensors enable tracking goods locations at relevant checkpoints and tracing temperature data continuously and seamlessly, during shipment or throughout the supply chain.
Multiple food logistics companies are engaging in expansion activities. For instance, in September 2020, third-party food logistics company FreezPak Logistics has announced its plans to build a 140,000 square-foot facility in the United States equipped with an automated storage and retrieval system. The location is to be outfitted with 12 robots that can automatically retrieve and store goods.
Companies such as Walmart have been investing significantly in automated grocery selection robots. The company's Alphabot makes order picking within the warehouse using autonomous carts to pick frozen and refrigerated items and groceries stored at room temperature. The robot locates an item, picks it, and brings it to a workstation to be checked by a staff member. Such automation trends in the industry are expected to create significant opportunities for the adoption of cold chain monitoring solutions.
Report includes Competitor's Landscape:
➊ Major trends and growth projections by region and country
➋ Key winning strategies followed by the competitors
➌ Who are the key competitors in this industry?
➍ What shall be the potential of this industry over the forecast tenure?
➎ What are the factors propelling the demand for the Toll Like Receptor 8?
➏ What are the opportunities that shall aid in significant proliferation of the market growth?
➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Toll Like Receptor 8?
➑ How has the covid-19 impacted the growth of the market?
➒ Has the supply chain disruption caused changes in the entire value chain?
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