Global Food Logistics Market

Food Logistics Market Size, Share, Growth Analysis, By Transportation Mode (Roadways, Railways), By Service (Transportation services, Warehousing & distribution services), By Product (Fish, Shellfish & Meat), By Storage Facility, By Region - Industry Forecast 2025-2032


Report ID: SQMIG30B2043 | Region: Global | Published Date: November, 2024
Pages: 197 | Tables: 119 | Figures: 77

Food Logistics Market News

  • CJ Logistics in March 2023 launched a joint venture with Beez Logistics in Saudi Arabia to enter the local market. CJ Logistics operates in various sectors like food, pharmaceuticals, health, etc along with contract logistics, cold chains, and last-mile delivery services.
  • DHL Global Forwarding opened a new facility in Brisbane in March 2023, with motives to focus on the export of Australian perishable goods by investing USD 11.5 million (AUSD 17 million) over 10 years.
  • In February 2023, Lineage Logistics introduced Lineage Fresh in Europe which offers curated cold storage solutions for fresh produce. Lineage aims to lower the risks and waste of perishable products using advanced technology.
  • On August 20, 2022, the Regional Centre of Excellence against Hunger and Malnutrition (CERFAM) signed an agreement with HELP Logistics. Extension of the platform collaboration in various technological, scientific, and educational research is the main objective. The activities of this platform would focus on strengthening agri-food value chains and the overall adaptability of communities in Africa in the context of socio-economic shocks.
  • In November 2022, Lineage Logistics, the division of Lineage Logistics Holdings, LLC, commendably opened its Cool Port II cold storage facility located in Port of Rotterdam, Netherlands. Such an entry joins a major European port to the top-tier global network of Lineage cold storage facilities. The warehouse has full automation with 60,000 pallet locations, three truck unloading systems, and full-service warehousing including the safe storage and efficient distribution of the food products to markets.
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Food Logistics Market size was valued at USD 122.19 Billion in 2023 and is poised to grow from USD 130.62 Billion in 2024 to USD 221.08 Billion by 2032, growing at a CAGR of 6.9% during the forecast period (2025-2032).

The global Food Logistics market features a diverse set of competitors consisting of giant logistics players and emerging regional providers. Many major companies such as DHL, Kuehne + Nagel, and UPS are leading this market with the help of their extensive global networks and comprehensive service offerings. At the same time, companies are heavily investing in new cutting-edge technologies to maintain their competitive positions. They are integrating with advanced techs such as IoT, AI, and big data analytics to track their operations and improve their efficiency. Regional logistics providers are also gaining traction in their markets by catering to local businesses' specific needs. These regional players leverage their local expertise and understanding of regional demands and regulations to provide tailored logistics solutions. New technology-based startups are also challenging the traditional logistics business by offering on-demand services and last-mile delivery solutions. This forces the established players to adapt to the changing consumer demands and choices. 'DHL  ', 'FedEx  ', 'DB Schenker ', 'C.H. Robinson  ', 'Kuehne + Nagel  ', 'XPO Logistics  ', 'A.P. Moller–Maersk Group ', 'AmeriCold Logistics LLC ', 'Lineage Logistics  ', 'Sysco  ', 'Yusen Logistics  ', 'Expeditors International  ', 'Agility (DSV) ', 'CEVA Logistics  ', 'J.B. Hunt Transport Services  ', 'Geodis  ', 'Schneider National  ', 'Nippon Express ', 'Deutsche Bahn (DB) Schenker AG '

The rapid expansion of e-commerce has influenced the food logistic market as it has propelled the demand for door-to-door smooth and fast delivery of both perishable and non-perishable food items. During the pandemic, the surge in online grocery shopping in the US fuelled the growth of food delivery services. Many companies like DoorDash and Instacart saw an increase in their orders encouraging them to expand their logistics operations as well as investing in technologies that can ease their delivery processes.

The changing consumer food preferences such as increased demand for fresh and organic food produce provide an immense opportunity for food logistics companies. Solutions to keep food fresh and clean during transit will be of the utmost importance as the organic eating trend lifts off around the world.

Based on region, Asia – Pacific has held the highest market share in terms of revenue in 2022, which accounted for approximately two-fifths of the global food logistics market revenue. And it is also anticipated to maintain its dominance in this forecast period. This region has been estimated to project the highest CAGR of 9.1% between 2024 to 2031 driven by the rapid urbanisation, shift in food choices from traditional food diets to increasing urge for western food as well as rising disposable incomes. Southeast Asia is emerging as a hub for growth opportunities for the consumer goods market, as stated by SF Express, China's leading express delivery company, acquiring Kerry Logistics for USD 2.3 billion in 2021 to expand its network in the region. In India, the emergence of e-grocery platforms such as BigBasket and Grofers, offering a wide range of food products and fast delivery have also changed the market by reaching customers across different areas.

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Global Food Logistics Market

Report ID: SQMIG30B2043

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