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Food Logistics Market Share

Report ID: GMI10762
Published Date: Aug 2024
Report Format: PDF

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Food Logistics Market Share

DHL Supply Chain & Global Forwarding, FedEx Corporation, and United Parcel Service (UPS) held a significant market share of over 9% in 2023. DHL utilizes advanced technology and temperature-controlled solutions to maintain food quality during transit. Their strategy emphasizes end-to-end visibility, real-time tracking, and sustainable practices, including reducing carbon emissions and optimizing routes. By collaborating with local suppliers, DHL ensures efficient last-mile delivery and compliance with food safety regulations.

FedEx leverages its extensive network and advanced logistics systems to ensure timely and safe delivery of perishable food products. Their strategy includes specialized packaging solutions, temperature control, and real-time monitoring. FedEx emphasizes sustainability by investing in electric vehicles and optimizing delivery routes to reduce carbon footprints.

UPS focuses on comprehensive cold chain logistics to support the food industry. Their strategy involves leveraging advanced tracking technologies, temperature-controlled transportation, and specialized packaging. UPS prioritizes sustainability through investments in eco-friendly vehicles and route optimization to minimize environmental impact, ensuring efficient and safe delivery of food products.

Food Logistics Market Companies

Major players operating in the food logistics industry are:

DHL Supply Chain & Global Forwarding
FedEx Corporation
United Parcel Service (UPS)
Kuehne + Nagel International AG
C.H. Robinson Worldwide, Inc.
DB Schenker
Americold Logistics, LLC
J.B. Hunt Transport Services, Inc.
Hellmann Worldwide Logistics
XPO Logistics, Inc.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

Market size for food logistics was USD 122.9 billion in 2023 and is expected to register over 7.8% CAGR from 2024-2032 owing to increasing consumer preference for fresh produce, organic foods, and health-conscious choices worldwide.

Food logistics industry from the roadways segment held over 52% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its extensive reach and flexibility.

North America industry held over 33% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to robust infrastructure and a strong demand for both fresh and processed foods in the region.

United Parcel Service (UPS), Kuehne + Nagel International AG, C.H. Robinson Worldwide, Inc., DB Schenker, Americold Logistics, LLC, J.B. Hunt Transport Services, Inc., Hellmann Worldwide Logistics, and XPO Logistics, Inc., are some of the major food logistics companies worldwide.