Industry Overview of Groceries Transportation Market
IMARC Group, a leading market research company, has recently releases report titled “Groceries Transportation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global groceries transportation market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What is Groceries Transportation?
The transportation of groceries involves the movement of various food and beverage commodities, raw materials, and household supplies from one location to another. This transportation process can be carried out through different modes such as roadways, seaways, railways, and airways. Groceries transportation solutions are crucial for manufacturers and retailers to ensure timely delivery of their products and prevent spoilage or wastage of food items. These solutions enable a smooth and uninterrupted supply of both durable and non-durable goods from multiple suppliers and distributors across various locations. As a result, groceries transportation systems find extensive applications worldwide.
Report Highlights
How big is the Groceries Transportation market?
Report Attributes
Details
Market Size in 2022
US$ 6.8 Trillion
Market Forecast in 2028
US$ 9.1 Trillion
Growth rate (2023 to 2028)
CAGR of 4.8%
Base Year of the Analysis
2022
Forecast Period
2023-2028
What Are the Growth Prospects and Trends in The Groceries Transportation Industry?
The groceries transportation market is primarily driven by the increasing volume of cargo, driven by the growing popularity of online grocery shopping. The market is also influenced by consumer preferences for same-day delivery and the demand for year-round supply of seasonal grocery products. The introduction of cargo vehicles equipped with ice boxes and temperature control systems for improved transportation of perishable goods, as well as innovations such as computerized vehicle routing and online freight exchange, are contributing to market growth. Advanced technologies such as active traffic management, GPS monitoring, and satellite tracking are being integrated to ensure efficient transportation from origin to destination. Additionally, the incorporation of artificial intelligence (AI) and machine learning (ML) processes for automating manual tasks and optimizing deliveries is expected to drive the growth of the groceries transportation market in the future.
What is included in market segmentation?
The report has segmented the market into the following categories:
Product Type Insights
- Vegetables and Fruits
- Dairy Products
- Meat and Seafood
- Others
Transportation Mode Insights
- Roadways
- Railways
- Seaways
- Airways
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Cargill Incorporated
- Domenico Transportation Co.
- H&M Bay Inc.
- Hellmann Perishable Logistics
- B. Hunt Transport, Inc.
- Lynden Incorporated
- McLane Company Inc.
- Pilot Freight Services (A.P. Møller – Mærsk A/S)
- PSS Distribution Services
- Ryder System Inc.
- SpartanNash Company
- Total Quality Logistics LLC
- Trinity Logistics (Burris Logistics Company)
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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