Tuesday, June 25, 2024

Groceries Transportation Market 2023: Industry Trends, Size, Share, Analysis and Forecast 2028

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IMARC Group’s report titled “Groceries Transportation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global groceries transportation market report. The global market size reached US$ 6.8 Trillion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.1 Trillion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

Groceries transportation represents the process of transporting groceries, which include several food and beverage commodities, raw materials, and other household supplies, from one place to another. In terms of the mode of transportation, it can be categorized into roadways, seaways, railways, airways, etc. Groceries transportation solutions allow manufacturers and retailers to ensure that their products arrive at the destination point on time and prevent food from getting wasted or spoiled. They even facilitate a continuous supply of durable and non-durable goods from various suppliers and distributors in numerous locations. Consequently, groceries transportation systems find widespread applications across the globe.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/groceries-transportation-market/requestsample

Groceries Transportation Market Trends and Drivers:

The growing volumes of cargo, on account of the elevating popularity of online grocery shopping, are primarily driving the groceries transportation market. Additionally, the shifting consumer preferences toward the same-day delivery facility and the escalating need for the supply of seasonal grocery products throughout the whole year are also positively influencing the global market. Apart from this, the launch of new cargo vehicles with ice boxes and proper temperature conditioning for improved perishable product transportation and the increasing number of innovations, such as computerized vehicle routing, online freight exchange, and information and communication technology or ICT, are acting as significant growth-inducing factors. In line with this, the emerging trend of integrating advanced active traffic management, global positioning systems or GPS monitoring, and satellite trailing for tracking and facilitating efficient transportation from the starting point to the end destination is further catalyzing the market growth. Moreover, the rising incorporation of artificial intelligence (AI) and machine learning (ML) processes for handling manual work to keep deliveries fast and profitable is expected to propel the groceries transportation market in the coming years.

Report 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

Market Breakup by Region:

  • 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

Competitive Landscape with Key Player:

  • 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 need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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