Press release
Food Logistics Market Set to Surpass USD 224.18 Billion by 2030
Food Logistics Market
The global food logistics market is on a robust growth trajectory, with its size valued at approximately USD 128.29 billion in 2023. Projections indicate a compound annual growth rate (CAGR) of 8.3%, aiming to reach nearly USD 224.18 billion by 2030.
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
Several factors are propelling this growth:
๐น๐๐๐๐๐ ๐ซ๐๐๐๐๐ ๐๐๐ ๐ท๐๐๐๐๐๐๐๐๐ ๐ญ๐๐๐ ๐: Consumers' increasing preference for fresh and perishable items necessitates efficient logistics to maintain product quality.
๐ป๐๐๐๐๐๐๐๐๐๐๐๐ ๐จ๐ ๐๐๐๐๐๐๐๐๐๐: The integration of technologies like the Internet of Things (IoT) and Artificial Intelligence (AI) enhances supply chain transparency and operational efficiency.
๐ฌ-๐๐๐๐๐๐๐๐ ๐ฎ๐๐๐๐๐: The surge in online food retailing demands sophisticated logistics solutions to meet consumer expectations for timely and safe deliveries.
๐๐จ ๐๐๐ฅ๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ค๐ข๐ง๐๐ฅ๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/94551/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐ญ๐๐๐ ๐ณ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
Vietnam's cold chain logistics market is experiencing rapid growth, with a projected CAGR of 12.24% from 2023 to 2029. This expansion is driven by increasing demand for fresh and frozen foods, as well as pharmaceuticals requiring temperature-controlled transportation.
๐ญ๐๐๐ ๐ณ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐
Thailand's strategic location in Southeast Asia positions it as a logistics hub, with significant investments in infrastructure enhancing its food logistics capabilities. The country's emphasis on improving cold chain logistics supports its robust food export sector.
๐ญ๐๐๐ ๐ณ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฑ๐๐๐๐
Japan's advanced technological landscape facilitates the adoption of smart logistics solutions, including automation and robotics, to streamline food logistics processes. The focus on efficiency and precision aligns with Japan's high standards for food safety and quality.
๐ญ๐๐๐ ๐ณ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
South Korea's food logistics sector is witnessing consolidation, with major players investing in integrated logistics solutions to enhance service offerings. The emphasis on cold chain logistics supports the country's substantial seafood and fresh produce markets.
๐ญ๐๐๐ ๐ณ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
Singapore's status as a global trade hub drives continuous advancements in its logistics infrastructure. The adoption of digital technologies and emphasis on sustainability are key trends shaping Singapore's food logistics landscape.
๐ญ๐๐๐ ๐ณ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐
The U.S. food logistics market is expanding, driven by increasing consumer demand for fresh and organic products. Investments in cold chain logistics and technological innovations are enhancing supply chain efficiency.
๐ญ๐๐๐ ๐ณ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ช๐๐๐๐
China's rapidly growing middle class and urbanization are fueling demand for diverse food products, necessitating efficient logistics solutions. Significant investments in cold chain infrastructure are underway to meet this demand.
๐ญ๐๐๐ ๐ณ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฌ๐๐๐๐๐
Europe's focus on sustainability and stringent food safety regulations are shaping its food logistics market. The adoption of green logistics practices and advanced technologies is prevalent across the region.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐ญ๐๐ค๐ ๐ ๐ฌ๐ง๐๐๐ค ๐ฉ๐๐๐ค? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐๐ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐: https://www.maximizemarketresearch.com/request-sample/94551/
๐๐๐๐๐ง๐ญ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ
The food logistics sector is witnessing increased mergers and acquisitions as companies strive to expand their market presence and capabilities. For instance, in Vietnam, the logistics market is estimated to be worth over $50 billion annually, with a CAGR of around 14-16%. This growth is driven by increasing foreign direct investment in manufacturing, rising domestic consumption, and an expanding e-commerce sector.
๐ ๐จ๐จ๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐ญ๐ฒ๐ฉ๐
Fish, Shellfish, and Meat
Vegetables, Fruits, and Nuts
Cereals, Bakery and Dairy Products
Coffee, Tea, and Vegetable Oil
Others
๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐ฆ๐จ๐๐
Railways
Roadways
Waterways
Airways
Railways, roads, waterways, and others are the sub-segments of the market based on the mode of transportation. The Roadways sector led in 2021 and is predicted to hold a market share by 2030. The food and beverage business is significantly impacted by transportation since food is regularly transported to various locations. Even while driving long distances can take a lot of time, it is the most economical mode of transportation.
๐๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐ ๐ญ๐ฒ๐ฉ๐
Cold Chain
Non-Cold Chain
The market is divided into cold chain and non-cold chain segments based on the type of service. In 2023, the cold chain segment had the biggest share. Rapid changes in eating patterns, rising demand for packaged foods, and strict packaging and storage regulations have resulted in a power transfer from manufacturers to merchants. Processes that prioritise zero contamination, accurate storage, and quick storage and retrieval activities are the main forces behind automation and technology adoption in the food and beverage logistics industry.
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐ซ๐๐ ๐๐ซ๐๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฐ๐๐๐ฉ๐๐ ๐: https://www.maximizemarketresearch.com/request-sample/94551/
๐ ๐จ๐จ๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. AmeriCold Logistics LLC
2. Deutsche Bahn (DB) Schenker AG
3. C.H. Robinson Worldwide, Inc.
4. Schneider National
5. CaseStack
6. A.N. Deringer, Inc.
7. Echo Global Logistics, Inc.
8. Evans Distribution Systems, Inc.
9. Hellmann Worldwide Logistics SE & Co. KG
10.Matson Logistics
11.Odyssey Logistics & Technology Corporation
12.Kerry Logistics Network Ltd.
13.Nippon Express Co. Ltd.
14.ColdEX Ltd.
15.DACHSER SE
๐๐ญ๐๐ฒ ๐๐ก๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ฏ๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Latin America Ventilator Market https://www.maximizemarketresearch.com/market-report/ventilator-market-latin-america/1970/
Global Band Ligators Market https://www.maximizemarketresearch.com/market-report/global-band-ligators-market/87188/
Malaysia Electric Vehicle Market https://www.maximizemarketresearch.com/market-report/malaysia-electric-vehicle-market/65822/
Kinetic Tiles Market https://www.maximizemarketresearch.com/market-report/kinetic-tiles-market/184256/
Cured-In-Place Pipe Consumption Market https://www.maximizemarketresearch.com/market-report/cured-in-place-pipe-consumption-market/194745/
Pedestrian Bridge Market https://www.maximizemarketresearch.com/market-report/pedestrian-bridge-market/194746/
Tile Adhesives and Stone Adhesives Market https://www.maximizemarketresearch.com/market-report/tile-adhesives-and-stone-adhesives-market/158274/
Europe Functional Cosmetics Market https://www.maximizemarketresearch.com/market-report/europe-functional-cosmetics-market/126144/
Global Health Care Social Media Marketing Market https://www.maximizemarketresearch.com/market-report/global-health-care-social-media-marketing-market/99853/
BRICS Diabetes Drugs Market https://www.maximizemarketresearch.com/market-report/brics-diabetes-drugs-market/356/
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