Published Date : Apr 24, 2017
Albany, New York, April 24, 2017: MarketResearchReports.biz has recently announced that its research report portfolio has been recently added with a detailed market research report on the global market for food logistics. The report, titled “Global Food Logistics Market Size, Status and Forecast 2022,” presents an overview of the present state of development and a thorough overview of the growth prospects of the global food logistics market through 2022.
The thriving e-retail industry across developed as well as developing economies is expected to have a significant transformational effect on the way the food industry manages its logistics. The market for food logistics is expected to gain significant traction in the next few years as the food industry increasingly comes under the umbrella of e-commerce and becomes digitally advanced in the next few years.
The market for food logistics can be analyzed from the viewpoint of criteria such as the mode of transportation, product to be transported, type of service, application, and geography. The key modes of transportation used by the global food logistics market include airways, seaways, railways, and roadways. Of these, the segment of railways is presently the leading mode of transport and is expected to retain dominance in the next few years as well. The dominance of the railways transportation segment is attributed to the vast benefits offered in terms of capacity, cost, and flexibility.
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The key product varieties transported by the food industry fall in categories such as fish and meat, fruits and vegetables, nuts, cereals, oil, tea, coffee, and bakery and dairy products. Of these, the segment of fish and meat accounts for a significant share in the global food logistics market owing to the vast global demand for a variety of meats and seafood in countries across Asia Pacific and North America.
From a geographical standpoint, the market for food logistics has been examined in the report for the United States, Europe, China, Japan, India, and Southeast Asia. The mature market for food logistics in Europe and the U.S. is expected to slightly decline or witness sluggish growth in the next few years of owing to rise in saturation. However, the market is expected to witness a rise in collaboration efforts from leading companies focusing their energies on strengthening their footing in the market.
The report provides a detailed overview of the competitive dynamics of the market with the help of vast business data of some of the leading companies in the market and details regarding recent developments. Some of the leading companies in the market are US Xpress Enterprises, Henningsen Cold Storage, CH Robinson Worldwide, AmeriCold Logistics, H&M Bay, Port Jersey Logistics, Matson Logistics, Schneider National, AN Deringer, Bender Group, APL Logistics, Kenco Logistics Services, ODW Logistics, Odyssey, and Port Jersey Logistics.
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