Perishable Goods Sea Transportation Market by Product and Geography - Forecast and Analysis 2021-2025

Published: Jan 2021 Pages: 120 SKU: IRTNTR46548

The perishable goods sea transportation market size has the potential to grow by USD 2.38 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.57%. 

This report provides a detailed analysis of the market by product (MPS, DPFD, VF, BC, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • A.P. Moller - Maersk AS
  • C.H. Robinson Worldwide Inc.
  • CMA CGM Group
  • Deutsche Post DHL Group
  • DSV Panalpina A/S
  • Kuehne + Nagel International AG
  • Mediterranean Shipping Co. SA
  • Mitsui O.S.K. Lines Ltd.
  • Orient Overseas Container Line
  • Schenker AG

 

The perishable goods sea transportation market is fragmented and the vendors are deploying growth strategies such as mergers and acquisitions to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as technological advances in freight management to achieve growth opportunities. However, factors such as food safety issues will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the perishable goods sea transportation market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This perishable goods sea transportation market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

Perishable Goods Sea Transportation Market: Key Drivers and Trends

  • The technological advancements in freight management is one of the major factors that will have a positive impact on the perishable goods sea transportation market growth.
  • Technological advancements have enabled manufacturers to come up with reefers that are equipped with sensors.
  • The reefers adjust the temperature automatically according to the changing surrounding conditions.
  • Reefers also eliminate the need for manual monitoring and interruption by shutting down automatically when not in use.
  • The introduction of cloud technologies, artificial intelligence, and Internet of things is one of the key perishable goods sea transportation market trends.
  • The evolution of big data analytics has enabled the generation of data about the number of instances the reefer has failed and the time of failure.
  • This enables companies to make informed decisions in terms of proper management of the freight.

 

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Perishable Goods Sea Transportation Market: Segmentation by Geography

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34% of the market’s growth will originate from APAC during the forecast period. China is a key market for perishable goods sea transportation in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The change in dietary and food consumption patterns of people will facilitate the perishable goods sea transportation market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Perishable Goods Sea Transportation Market: Segmentation by Product

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The meat, poultry, and seafood (MPS) must be carried at regulated temperature levels to preserve quality and freshness. The food products have to be frozen in the given temperature standards, and if the product is cooled at a lower temperature than the standard value, it will affect texture, appearance, and moisture content. The demand for MPS is increasing due to their various health benefits. With the increasing demand for meat, poultry, and seafood, the demand for perishable goods sea transportation will also grow.

This report provides an accurate prediction of the contribution of all the segments to the growth of the perishable goods sea transportation market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

 

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Perishable Goods Sea Transportation Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive perishable goods sea transportation market growth during the next five years
  • Precise estimation of the perishable goods sea transportation market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the perishable goods sea transportation industry across APAC, Europe, MEA, North America, 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 perishable goods sea transportation market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces analysis
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Dairy products and frozen desserts - Market size and forecast 2020-2025
    • Vegetables and fruits - Market size and forecast 2020-2025
    • Bakery and confectionery - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • A.P. Moller - Maersk AS
      • C.H. Robinson Worldwide Inc.
      • CMA CGM Group
      • Deutsche Post DHL Group
      • DSV Panalpina A/S
      • Kuehne + Nagel International AG
      • Mediterranean Shipping Co. SA
      • Mitsui O.S.K. Lines Ltd.
      • Orient Overseas Container Line
      • Schenker AG

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      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.

      INFORMATION 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

      DATA 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

      REPORT 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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      Key Questions Answered

      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?

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      • Parent market analysis
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      • Detailed vendors report with competitive landscape
      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis