Perishable Goods Transportation Market Size Expected to Reach 21600 Million US$ by 2025
Oct 9, 2018
In 2017, the global Perishable Goods Transportation market size was 13200 million US$ and it is expected to reach 21600 million US$ by the end of 2025, with a CAGR of 6.4% during 2018-2025.
Los Angeles, United States - October 9, 2018 /MarketersMedia/ —
This report focuses on the global Perishable Goods Transportation status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Perishable Goods Transportation development in United States, Europe and China.
Perishable Goods Transportation involves the transportation of temperature-sensitive goods. It is an integrated component of cold chain logistics and helps in the management and control of the flow of the cold chain supply process. Perishable goods transportation is an integrated component of cold chain logistics and helps in the management and control of the flow of the cold chain supply process.
The rise in the global population is a factor that is contributing to the growth of the perishable goods transportation market. The growing population and the food wastage due to spoilage mandate the need for food preservation for longer periods to deal with the subsequent shortage of food.
The vehicles transporting meat and fish products are equipped with insulation and refrigeration systems that are capable of maintaining temperatures below zero degrees Fahrenheit for frozen foods and lower than 45 degrees Fahrenheit for refrigerated seafood. Furthermore, these transportation vehicles are designed in a way to ensure proper circulation of refrigerated air.
In 2017, the global Perishable Goods Transportation market size was 13200 million US$ and it is expected to reach 21600 million US$ by the end of 2025, with a CAGR of 6.4% during 2018-2025.
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The key players covered in this study
C.H. Robinson
Ingersoll Rand
Maersk Line
NYK Line
Hapag-Lloyd
CMA CGM
Swift Transportation
MOL
MCT Transportation
CRST International
Orient Overseas Container Line
VersaCold
Africa Express Line
COSCO SHIPPING
FST Logisitics
Bay & Bay
K Line Logistics
Stevens Transport
Maestro Reefers
CSAV
Weber Logistics
Hanson Logistics
Geest Line
Kyowa Shipping
Market segment by Type, the product can be split into
Meat, Fish, and Seafood
Dairy and Frozen Desserts
Vegetables and Fruits
Bakery and Confectionery
Market segment by Application, split into
By Road
By Sea
Other
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Source: MarketersMedia
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