Dublin, May 01, 2024 (GLOBE NEWSWIRE) -- The "Global Perishable Goods Transportation Market Report by Type, Transportation Mode, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global market for perishable goods transportation, which was valued at US$ 19.1 Billion in 2023, is expected to experience a robust growth rate, reaching a projected value of US$ 31.2 Billion by the year 2032.
Key drivers contributing to this growth include a heightened demand for processed foods, an increased inclination toward plant-based and natural diets, and technological advancements with the integration of Internet of Things (IoT).
Advancements and Efficiency in Perishable Goods Transportation
The transportation of perishable goods is essential in maintaining the quality and safety of various temperature-sensitive products, such as produce, dairy, and pharmaceuticals. The market is witnessing increased efficiencies and advancements, including the use of refrigerated trucks, reefer containers, and a variety of other transportation modes ensuring the integrity of these products from origin to destination.
Emphasis on Technology Integration
The industry is experiencing a transformative phase with the integration of new technologies such as IoT, which offers real-time tracking of environmental conditions ensuring product quality throughout logistics operations. Investments in green transportation solutions, like electric vehicles, are both promoting sustainability and positively influencing market growth.
Impact of Global Dietary Shifts and E-commerce
Global shifts toward healthier, plant-based diets and the rising consumption of meat, poultry, and seafood, are significant growth factors for this market. Additionally, e-commerce has become a catalyst in the expansion of the perishable goods transportation industry with its influence on consumer habits and supply chain operations.
Regional Market Insights and Forecasts
A comprehensive analysis of regional markets has identified the Asia Pacific region as the current market leader, with its growth propelled by factors such as rising processed food demand, governmental initiatives, and rapid advancements in technology. The report provides key insights and forecasts for all major markets including North America, Europe, Latin America, and the Middle East and Africa.
Competitive Landscape and Market Analysis
An inclusive analysis presented within the report details the competitive landscape of the global perishable goods transportation market highlighting significant players and their operations. Major companies are engaged in strategic advancements to maintain product integrity, ensure timely deliveries, and to cater to evolving global demands.
This comprehensive market analysis underscores the significance of perishable goods transportation in facilitating global trade, fostering economic growth, and ensuring the delivery of quality goods to consumers worldwide.
For further insights, including detailed segmentation and regional analysis, the full report encompasses an examination of the current market landscape and offers predictions for future market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 137 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value (USD) in 2023 | $19.1 Billion |
| Forecasted Market Value (USD) by 2032 | $31.2 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Companies Featured
- A.P. Møller – Mærsk A/S
- Africa Express Line Limited
- Bay & Bay Transportation
- C.H. Robinson Worldwide Inc
- CMA CGM Group (MERIT France SAS)
- DB Schenker
- Deutsche Post AG
- FST Logistics Inc
- Hapag-Lloyd AG
- Hellmann Worldwide Logistics SE and Co. KG
- K Line Logistics Ltd (Kawasaki Kisen Kaisha Ltd)
- Kuehne + Nagel International AG
- Orient Overseas Container Line Limited
- VersaCold Logistics Services
For more information about this report visit https://www.researchandmarkets.com/r/pqpj25
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