How big is the Smart Food Logistics Market?

The Smart Food Logistics Market size is expected to reach USD 13.80 billion in 2024 and grow at a CAGR of 14.61% to reach USD 27.29 billion by 2029. Read More

What is the current Smart Food Logistics Market size?

In 2024, the Smart Food Logistics Market size is expected to reach USD 13.80 billion. Read More

Who are the key players in Smart Food Logistics Market?

ORBCOMM Inc., Sensitech Inc. , Berlinger & Co. AG, Geotab Inc. and Kii Corporation are the major companies operating in the Smart Food Logistics Market. Read More

Which is the fastest growing region in Smart Food Logistics Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Food Logistics Market?

In 2024, the North America accounts for the largest market share in Smart Food Logistics Market. Read More

What years does this Smart Food Logistics Market cover, and what was the market size in 2023?

In 2023, the Smart Food Logistics Market size was estimated at USD 12.04 billion. The report covers the Smart Food Logistics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart Food Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart Food Logistics Market - Size, Share & Analysis

Smart Food Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Smart Food Logistics Industry Analysis & Companies and it is Segmented by Component (Hardware, Software, and Services), Technology (Fleet Management, Asset Tracking, Cold Chain Monitoring), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Smart Food Logistics Industry Overview

The market for smart food logistics is moderately fragmented. The major players with a prominent share of the market are greatly focusing on extending their customer base across various foreign countries. These companies are leveraging several key strategic collaborative initiatives to maximize their market share and increase their profitability. Some of the key developments in the market are:

In December 2022, DP World, the provider of worldwide smart end-to-end supply chain logistics, and Americold, the provider of temperature-controlled warehousing and logistics, signed a strategic partnership agreement that would enable multi-million dollar investment in a more resilient, efficient, and sustainable global food supply chain. This group wants to help the biggest food companies in the world by setting a new standard for global food distribution, from the farm to the table.

In March 2022, Hill Brothers, Inc., a prominent trucking and logistics provider in the Midwest, will choose ORBCOMM Inc. to supply its integrated dry and refrigerated trailer monitoring solutions for fleet-wide management. ORBCOMM's all-in-one solutions include industry-leading hardware for wireless connectivity and a unified cloud-based analytics platform to streamline operations across multiple asset classes.