The global food logistics market was valued at USD 101 billion in 2020 and is expected to register a CAGR of 8% in the forecast period of 2022-2027. The major players in the global food logistics market are AmeriCold Logistics LLC, Dachser Group SE & Co. KG, AJC International, CJ Logistics Corporation, C.H. Robinson Worldwide, Inc., Matson, Inc., and Hellmann Worldwide Logistics SE & Co. KG, among others.
The entire process of acquiring, storing, and transportation of resources is termed as logistics. It involves identifying potential distributors and suppliers and determining their effectiveness and accessibility.
This enormous growth of the global food logistics market is primarily driven by the rise of e-retail in the food and retail sector. The presence of artificial intelligence (AI) has catalysed the market growth to increase delivery efficiency. Adopting newer technology, improvised distribution networks, and infrastructure in developing countries further complements the aforementioned factors. Food habits are evolving, there is a surge in demand for convenience and packaged meals, and there is a greater focus on hygienic foods, all of which are helping to the industry's rise. Rising client demand for globalised and imported goods is assisting the industry's expansion. Also, market growth is aided by factors such as shelf life and demographic trends.
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One of the main factors for the rise of the food logistics industry is the rapid growth of the food and beverage industry. The growing demand for convenience and packaged foods is assisting the industry's expansion. Food logistics ensures a constant supply of products from distributors and suppliers by providing the proper product and quantity at a cheap cost and delivering the product on schedule. In addition, strengthening distribution networks and infrastructure in developing countries is catalysing the market expansion.
Headquarters: Atalanta, Georgia, United States
AmeriCold Logistics LLC is one of the market leaders in the global food logistics industry and deals with modern commercialised temperature-controlled warehousing to store perishable goods, a form of food preservation. The company is the world’s largest publicly traded owner and operator of temperature-controlled, integrated infrastructure.
Headquarters: Kempten, Germany
DACHSER is one of the global leaders in the field of system logistics. Combining its seamless, global transport network with warehousing, customer-specific services, and exemplary IT solutions, the company creates the most intelligent combination and integration of logistics network competences worldwide. With a staff of 30,782 employees at 387 locations all over the globe, DACHSER generated revenue of EUR 5.6 billion in 2020. The family-owned logistics service provider handled 78.6 million shipments with a tonnage of 39.8 million.
Headquarters: Atlanta, Georgia, United States
AJC is a global leader in the logistics of frozen meat, poultry, pork, seafood, and vegetable products. It also offers its own branded products under, such labels as Early Dawn, Garden Maid, Golden Phoenix, AmeriFoods, and Mity Fresh. The company has expanded its network from 6 offices in 2004 to 17 in 2020, while growing its team to over 400+ people with extraordinary diversity and talent.
Headquarters: Seoul, South Korea
CJ Logistics is the Global SCM Innovator, leading the way in supply chain technology, engineering, system, and solution as well as SCM consulting. The company is on track to become a global leader in logistics with innovative technology and will always passionately pursue worldwide logistics excellence.
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