Global Food Transport Market, By Transportation Type (Roadways, Railways, Seaways and Airways), Product Type (Fish, Shellfish, and Meat, Vegetables, Fruit, and Nuts, Cereals, Bakery and Dairy products, Coffee, Tea, and Vegetable Oil), Service Type (Cold Chain and Non- Cold Chain), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Food Transport Market
Data Bridge Market Research analyses that the global food transport market will project a CAGR of 4.20% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, growth in the demand for processed food, rising consumer consciousness towards consumption of healthy products containing high nutritional value and growing personal disposable income by the major companies are the major factors attributable to the growth of food transport market. Therefore, the market value, which was USD 162 billion, would stand tall by USD 225.14 billion by 2028.
Food transport is a transportation system that is used for transferring food from one place to another. A wide range of food items are transported via all modes of transportation namely airways, roadways, seaways and airways. Food transportation is a part of logistics and supply chain management that results in controlling the forward and reverse flow of food items.
Growth and expansion of food and beverages industry, transportation industry and logistics industry especially in the developing economies is one of the major factors fostering the growth of the food transport market. Growing food trade of perishable food items globally, rising demand for mouth savouring food products and ever-rising global population are other important factors acting as food transport market growth determinants. Improving distribution channel, growth in the popularity of e-commerce channels to purchase fresh vegetables and surging advent of artificial intelligence will further induce growth in the food transport market value. Also, growing food wastage globally, rising urbanization and increasing personal disposable income will further carve the way for the growth of food transport market.
However, risks associated with the delay in delivery especially via waterways and airways will pose a major challenge to the growth of the food transport market. Stringent rules and regulations imposed by the government on the transportation industry will further restrict the scope of growth for the food transport market. Also, rising environmental concerns and growing levels of pollution especially in the emerging economies will also derail the food transport market growth rate.
This food transport market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on food transport market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Food Transport Market Scope and Market Size
The food transport market is segmented on the basis of transportation type, product type and service type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of transportation type, the food transport market is segmented into roadways, railways, seaways and airways.
- On the basis of product type, the food transport market is segmented into fish, shellfish, and meat, vegetables, fruit, and nuts, cereals, bakery and dairy products, coffee, tea, and vegetable oil.
- On the basis of service type, the food transport market is segmented into cold chain and non- cold chain.
Food Transport Market Country Level Analysis
The food transport market is analyses and market size, volume information is provided by country, transportation type, product type and service type as referenced above.
The countries covered in the food transport market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the food transport market and will continue to excel its dominance during the forecast period owing to the growth and expansion of logistics industry in this region. Asia-Pacific on the other hand will project the highest CAGR owing to increasing expenditure on health-enhancing products, growing demand for foods and beverages, globalization, westernization, changing lifestyle, growth and expansion of agricultural industry and increasing personal disposable income.
The country section of the food transport market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Food Transport Market Share Analysis
The food transport market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to food transport market.
The major players covered in the food transport market report are Allen Lund Company., A.N. Deringer, Inc., APL Logistics Ltd, CaseStack, CT LOGISTICS., Distribution Technology, CJ Logistics America., DSC Logistics, Inc., Echo Global Logistics., Evans Distribution Systems, H&M BAY INC., Hellmann Worldwide Logistics SE & Co. KG, LINEAGE LOGISTICS HOLDING, LLC, ODW Logistics, Johanson Transportation Service., KENCO, LeSaint Logistics, Lynden Incorporated. Alexander International Logistics Inc. and MATSON among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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