Industry Background:
Smart food logistics help food manufacturers, retailers, and other food logistic service providers to manage shipment, food quality, and safety by reducing the cost of transportation. Busy lifestyles and the increasing number of working populations across the globe had accelerated the demand for packaged or frozen foods, which will boost the market for cold chain monitoring and tracking. In today’s time, smart food logistics has emerged as consumers want food fast and natural. Cutting-edge technologies such as IoT, location systems, RFID, etc. ease the overall process from pick up to tracking in transit and delivery to the customers.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Unigis (Mexico), Dachser (Germany), AWL India (India), Agrilogistica Srl (Italy), Zebra (United States), Penske Logistics (United States), LeewayHertz (United States), Impinj, Inc. (United States), Orange Business Services (France) and Bell.One (United States) |
This growth is primarily driven by Increased Focus on Food Safety, Quality, and Trace Product Information in Transit, Need for Smart Technological Solutions to Reduce Logistic Operating Cost and Improve Customer Service and Increasing Demand of Fresh Fruits & Vegetables and Frozen Food Due to Change in Consumer Preference.
Globally, a noticeable market trend is evident Growing Popularity of Location Systems and IoT Sensors for Real-time Monitoring and Tracking of Fleet Major Players, such as Unigis (Mexico), Dachser (Germany), AWL India (India), Agrilogistica Srl (Italy), Zebra (United States), Penske Logistics (United States), LeewayHertz (United States), Impinj, Inc. (United States), Orange Business Services (France) and Bell.One (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
In May 2021, Dachser opened a new location in Massalengo, in the Lombardy region to offer fast connection to food producers in all parts of Italy as well as the whole of Europe. The company will facilitate services including import & export, national distribution, and warehousing to the local producers and exporters. By new opening, the company strengthens its presence in the Italian market and gets the opportunity to serve potential customers near the Milan region.
Influencing Trend:
Growing Popularity of Location Systems and IoT Sensors for Real-time Monitoring and Tracking of Fleet
Market Growth Drivers:
Increased Focus on Food Safety, Quality, and Trace Product Information in Transit, Need for Smart Technological Solutions to Reduce Logistic Operating Cost and Improve Customer Service and Increasing Demand of Fresh Fruits & Vegetables and Frozen Food Due to Change in Consumer Preference
Restraints:
Less Acceptance of Technologies Due to Inadequate Budget or Lack of Awareness
Opportunities:
The Use of Blockchain Technology in Food Supply Chain in Developing Countries to Reduce Operating Cost
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Smart Food Logistics Market
- Analysis about New Entrants in Smart Food Logistics Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Smart Food Logistics Study Sheds Light on
The Smart Food Logistics Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Smart Food Logistics industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Smart Food Logistics industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.