Future of Global Food Logistics Market Along with Key Drivers, Major Manufactures, Business Insights, Trends and Forecast 2027

 By- Infinium Global Research

A recent Infinium Global Research report delves into the global and regional food logistics market, dissecting its segments and sub-segments. It analyzes the short and long-term impact of various drivers, restraints, and macro indicators. The report offers a comprehensive overview of market trends, forecasts, and projected dollar value, with a CAGR of 9.2% predicted for the 2021-2027 period.

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Our access to a vast array of food providers, from wholesalers to restaurants, hinges on a network of meticulously designed and executed logistical processes. The efficiency of these processes is paramount to the success of any food business. While various aspects like procurement, demand planning, and certifications play a role, food logistics stands out as particularly crucial.

Food logistics encompasses the efficient planning, execution, and control of the flow of goods to satisfy customer demands. It forms the core of food supply chain management, governing activities like transportation, vehicle selection for specific cargo needs, proper storage and inventory management, and the selection of materials and tools for handling goods.

In essence, food logistics tackles the transportation, storage, and distribution of food products, impacting producers, retailers, and ultimately, consumers. Flawed logistics can disrupt the delivery of food to manufacturers and consumers, potentially compromising food safety and increasing spoilage and waste.

Let's delve deeper into the key logistical aspects that businesses must master. Effective transportation, handling, and storage are essential for all participants in the food supply chain, ensuring goods remain safe for consumption throughout the processing stages. Even processed ingredients like fruit purees used in beverages or baby food require proper logistical handling to maintain quality. Additionally, logistics participants are constantly innovating to minimize food waste and spoilage, significant issues that burden the food industry, especially considering the complex modern supply chain with numerous parties involved.

Solid logistical practices are crucial to safeguard food quality in this complex landscape. Proper temperature control during transportation and storage is vital. Technology empowers logistics operators with tools like IoT sensors to monitor the temperature of sensitive products like fresh produce, frozen fruit purees, and dairy in real-time.

Furthermore, technology like big data, artificial intelligence, Bluetooth devices, RFID tags, and scanners aid in effective process oversight and monitoring across farms, warehouses, pickup locations, and vehicles. For instance, meal-kit company Blue Apron leverages data analysis to optimize production and delivery decisions by considering factors like weather and traffic. Similarly, RxSugar, a syrup and sugar producer, uses data to gauge demand across all their commercial channels, informing production processes.

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In the retail space, Cub Foods uses innovative delivery software to efficiently reroute deliveries and accommodate new orders even close to dispatch. Meanwhile, salad dressing producer Ken's Foods utilizes an automated storage and retrieval system for enhanced control and energy efficiency within their distribution center.

Regular audits of food logistics serve as a proactive measure for smooth operations, identifying potential bottlenecks in areas like food safety, traceability, partner practices, and third-party logistics. Ultimately, the careful handling, storage, and transportation of food products are the pillars of a robust food supply chain, ensuring food quality and safety until it reaches consumers.

Market Segmentation: Product Type - Fish, Shellfish, and Meat, Vegetables, Fruit, and Nuts, Cereals, Bakery, and Dairy Products, and Coffee, Tea, and Vegetable Oil; Transportation Mode - Airways, Railways, Roadways, and Seaways

Market Dynamic: The global food logistics market is projected to grow at a CAGR of 9.2% from 2021 to 2027, driven by factors like efficient supply chain management and increasing consumer demand for fresh produce.

Growth Drivers:

  • Growing demand for processed and convenience foods.
  • Increasing focus on food safety and traceability
  • Rising adoption of technology in logistics

Market Trends:

  • Automation and use of IoT sensors for temperature control
  • Data-driven decision making for optimizing production and delivery.
  • Emphasis on minimizing food waste and spoilage.

 

Market Keyplayers:

  • Americold Logistics
  • DB Schenker
  • H. Robinson
  • Schneider National
  • CaseStack
  • N. Deringer
  • Echo Global Logistics
  • Evans Distribution
  • Hellmann Perishable Logistics
  • Matson Logistics

 

Contact Us:

Infinium Global Research LLP

Mob: +91 9923950043

Email: info@infiniumglobalresearch.com

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