Food Logistics Market by Transportation Mode and Geography - Forecast and Analysis 2020-2024

  • Published: Apr 2020
  • Pages: 120
  • SKU: IRTNTR41499
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The food logistics market size has the potential to grow by USD 55.86 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by transportation mode (roadways, railways, seaways, and airways) and geography (APAC, North America, Europe, MEA, and South America). 

Food Logistics Market Size

Food Logistics Market Size

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Who are the Major Food Logistics Market Vendors?

This food logistics market analysis report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Americold Realty Trust
  • C.H. Robinson Worldwide Inc.
  • ColdEX Ltd.
  • DACHSER SE
  • Deutsche Bahn AG
  • Echo Global Logistics Inc.
  • Hellmann Worldwide Logistics SE & Co. KG
  • Kerry Logistics Network Ltd.
  • Nippon Express Co. Ltd.
  • Schneider National Inc.

The food logistics market is fragmented, and vendors are deploying various organic and inorganic growth strategies to stay ahead in the competition. This food logistics market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies.

Market drivers such as the growth of organized retail sector in developing countries, evolution of e-commerce logistics in the food industry, and rise in the use of multimodal transport will offer immense growth opportunities. However, high operational expenditures, handling and contamination challenges, and challenges associated with managing warehouses due to seasonal product demand may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Which are the Key Markets for Food Logistics?

Food Logistics Market Share by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period.

47% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for food logistics in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the food logistics market size.

Key Highlights of the Food Logistics Market Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive food logistics market growth during the next five years
  • Precise estimation of the food logistics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the food logistics industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of food logistics market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The food logistics market growth will increase by $55.86 billion during 2019-2024.
The food logistics market is expected to grow at a CAGR of 8.15% during 2019-2024.
Technavio has segmented the food logistics market by other 1 (Roadways, Railways, Seaways, and Airways) ,application (Transportation, Machinery, Metal fabrication, Consumer goods, and Others) , and geographic (APAC, North America, Europe, and South America).
Americold Realty Trust, C.H. Robinson Worldwide Inc., ColdEX Ltd., DACHSER SE, Deutsche Bahn AG, Echo Global Logistics Inc., Hellmann Worldwide Logistics SE & Co. KG, Kerry Logistics Network Ltd., Nippon Express Co. Ltd., Schneider National Inc. are a few of the key vendors in the food logistics market.
APAC will register the highest growth rate of 47.17% among the other regions. Therefore, the food logistics market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • India
  • France
  • Germany
  • Brazil
The key factors driving the food logistics market growth are:
  • Growth of organized retail sector in developing countries
The food logistics market vendors should focus on grabbing business opportunities from the roadways segment as it accounted for the largest market share in the base year.
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