Perishable Goods Transportation Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Perishable Goods Transportation Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Perishable Goods Transportation Market Size Expected to Be by 2034?
Over recent years, the market for perishable goods transportation has experienced vigorous growth. From 2024's figure of $14.6 billion, it is projected to expand to $15.8 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 8.2%. Factors contributing to this growth in the preceding period include the globalization of the food supply chain, escalating consumer demand for fresh produce, the development of cold chain infrastructure, exacting regulations and quality standards, and an increase in the trading of perishable commodities.

The market for the transportation of perishable goods is predicted to witness significant expansion in the forTH*Coming years. The market is projected to hit $22.07 billion by 2029 with a compound annual growth rate of 8.7%. This predicted growth within the forecast horizon can be due to the sustained growth in global food trade, the emphasis on sustainability and environmental norms, technological advances in managing cold chain, trends in e-commerce and direct-to-consumer, concerns for public health and traceability. Key trends throughout the forecast span include rigid compliance regulations, partnerships for optimizing cold chain logistics, a rising demand for final mile delivery solutions, adoption of data analytics for predictive insights, and a surge in globalization of perishable goods trade.

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What Are the Emerging Segments Within the Perishable Goods Transportation Market?
The perishable goods transportation market covered in this report is segmented -

1) By Product: Meat, Fish and Seafood, Dairy and Frozen Desserts, Vegetables and Fruits, Bakery and Confectionary
2) By Technology: Isothermal, Reefer, Freezer
3) By Mode of Transportation: Sea, Air, Rail, Road

Subsegments:
1) By Meat: Fresh Meat, Processed Meat, Fish and Seafood
2) By Fish and Seafood: Fresh Fish, Frozen Fish, Shellfish
3) By Dairy And Frozen Desserts: Milk and Cream, Cheese, Yogurt, Ice Cream
4) By Vegetables And Fruits: Fresh Vegetables, Fresh Fruits
5) By Bakery and Confectionery: Breads And Rolls, Pastries, Cakes And Cookies, Chocolates And Candies

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What Long-Term Drivers Are Shaping Perishable Goods Transportation Market Trends?
The burgeoning need for processed food is predicted to fuel the expansion of the perishable goods transportation market. Processed food involves those products that have undergone a range of mechanical and chemical procedures to create a finished product, typically packaged in boxes. The majority of these foods are perishable items requiring swift transportation at a specific temperature. The transportation of perishable goods is facilitated by refrigerated ships equipped with air circulation systems to maintain the freshness of the food. For example, Food Tank, a US-based non-profit community highlighted in November 2022 that ultra-processed food accounted for 73 percent of the U.S. food supply, and these ultra-processed foods are, on average, 52 percent cheaper than their less processed equivalents. Consequently, the escalating demand for processed food is contributing to the growth of the perishable goods transportation market.

Who Are the Top Competitors in Key Perishable Goods Transportation Market Segments?
Major companies operating in the perishable goods transportation market include UPS HealTH*Care Logistics Inc., DHL Global Forwarding, Maersk Line Limited, Hapag-Lloyd AG, C. H. Robinson Worldwide Inc., The Nippon Yusen Kabushiki Kaisha- NYK Line, Mitsui O.S.K. Lines Ltd., Kawasaki Kisen Kaisha Ltd., Orient Overseas Container Line (OOCL) Ltd., Specialized Logistics International Inc., CRST International Inc., Weber Distribution LLC, Wincanton plc, Northland Services Inc., Stevens Transport Inc., COSCO Shipping Lines Co Ltd., VersaCold Logistics Services, Bay & Bay Transfer Co Inc., Swift Cargo Pvt Ltd., Geest Line Limited, Africa Express Line Limited, Hanson Logistics Ltd., FST Logistics, Maestro Reefers A/S, Compañía Sudamericana de Vapores S.A. (CSAV), Kyowa Shipping Co Ltd., Transcargo Logistics

What Are the Major Trends Shaping the Perishable Goods Transportation Market?
The focus on product innovations is becoming a significant trend in the transport of perishable goods market. In order to strengthen their standing in the market, predominant companies are turning towards the creation of unique technological solutions. PBX GmbH, an Austrian start-up that develops, manufactures, and markets transport refrigeration solutions, exemplified this trend in September 2022. They launched the "Ecos M24", the first-ever refrigeration unit for electric vehicles on the market, being the first to bring a propane solution for transport refrigeration. This unit stands out as it is entirely electric, hermetic, poses zero emissions, and capably delivers temperature-sensitive perishable goods to their target location with no CO2 emissions.

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Which Regions Are Becoming Hubs for Perishable Goods Transportation Market Innovation?
North America was the largest region in the perishable goods transportation market in 2024. The regions covered in the perishable goods transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Perishable Goods Transportation Market?
2. What is the CAGR expected in the Perishable Goods Transportation Market?
3. What Are the Key Innovations Transforming the Perishable Goods Transportation Industry?
4. Which Region Is Leading the Perishable Goods Transportation Market?

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