Food Logistics Market Report, Industry Overview, Growth Rate and Forecast 2026

 
NEW YORK, Wyo. - Jan. 25, 2022 - PRLog -- According to the latest report by IMARC Group, the global food logistics market size reached US$ 101.1 Billion in 2020. Looking forward, the market expects to exhibit moderate growth during 2021-2026

Logistics refers to the detailed flow of the products from the point of origin to the point of consumption. It helps in planning, controlling as well as implementing the storage and flow of goods and services. Food logistics also aid in meeting the requirements of corporations and consumers by maintaining a continuous supply of products. Transportation and logistics providers use different equipment, expertise, and technologies, to control and improve the supply chain operations. As a result, logistics plays a crucial role in the food industry.

Market Trends

Significant growth of the e-retail in the food and beverages sector is primarily driving the market for food logistics. Furthermore, the rise in the working population, elevating disposable income levels, and the hectic schedule of the consumers, have provided a thrust to the online retail channels, thereby augmenting the demand for food logistics. Besides this, the incorporation of artificial intelligence (AI) technology with logistics services has increased delivery efficiency as the AI algorithms facilitate intelligent route mapping and reduce delivery time without damaging the perishable goods. Other factors, like improving distribution networks and infrastructure in developing regions and the adoption of new technologies by logistics providers to enhance their business processes, are further expected to drive the market growth.

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Competitive Landscape:

Some of the key players being AmeriCold Logistics LLC, Deutsche Bahn (DB) Schenker AG, C.H. Robinson Worldwide, Inc., Schneider National, CaseStack, A.N. Deringer, Inc., Echo Global Logistics, Inc., Evans Distribution Systems, Inc., Hellmann Worldwide Logistics SE & Co. KG, Matson Logistics, Odyssey Logistics & Technology Corporation.

Breakup by Transportation mode:

Railways
Roadways
Seaways
Airways

Breakup by Product Type:

Fish, Shellfish, and Meat
Vegetables, Fruits, and Nuts
Cereals, Bakery and Dairy Products
Coffee, Tea, and Vegetable Oil
Others

Breakup by Service Type:

Cold Chain
Non-Cold Chain

Breakup by Segment:

Transportation
Packaging
Instrumentation

Regional Insights:

Asia-Pacific
North America
Europe
Middle East and Africa
Latin America

For more information about this report visit: https://www.imarcgroup.com/food-logistics-market

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