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 Insights

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 has witnessed stable and significant growth due to a rise in global food consumption and changes in consumer preferences Increasing urbanization has catalysed the demand for convenient and processed foods, which is slated to augment market growth as well. At the same time, technological evolution has spurred the amplification of third-party ordering and delivery services. Transport companies are progressively introducing new technologies and solutions that could redefine the global food logistics market outlook in the future. Although there is plenty of room for automation in the logistics space, fully automated warehousing distribution systems and other automated solutions still have a lot of scope to expand across the forecast period.

Logistics service providers are not just focusing on delivery and storage but also providing services such as customs clearance, labelling, assembly and shipping. The rapid surge in demand for online sales and e-commerce around the world is also forecasted to bolster the demand in the long run. The use of advanced technologies such as GPS and real-time monitoring will also open new avenues of opportunities for companies in the future.

After the COVID-19 pandemic, there has been a significant surge in the e-commerce sector as consumers are increasingly opting for home delivery of food and groceries, prompting companies to expand their offerings to meet the demand. This shift has also led to changes in consumer food habits, with a growing interest in veganism driving up demand for perishable items such as fruits and vegetables, necessitating the need for cold-chain logistics services.

Major key players in the market are actively shaping the logistics landscape to ensure smooth and efficient supply chains. For example, AmeriCold Logistics made a strategic investment in Dubai-based cold storage company RSA Cold Storage in March 2023 to bolster its capabilities in this area.

Additionally, there has been a rise in the popularity of ready-to-eat food products, catering to the demands of fast-paced modern lifestyles. Logistics companies have responded by developing efficient supply chain solutions for the transportation and distribution of these products. An example of this is the partnership between Indian food chain Ammamma’s and logistics company Green Drive Mobility, which launched a line of nutritious ready-to-eat foods in March 2023, available for purchase on e-commerce platforms like Zepto and Bigbasket in regions such as Karnataka, Andhra Pradesh, and Telangana.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

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.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Food Logistics Market

Report ID: SQMIG30B2043

$5,300
BUY NOW GET FREE SAMPLE