Global Food Supply Chain Market 2024-2028
The food supply chain market is forecasted to grow by USD 59.51 bn during 2023-2028, accelerating at a CAGR of 7.86% during the forecast period. The report on the food supply chain market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by integration of blockchain in food supply chain, robust demand for cloud-based food supply chain, and stringent food safety regulations.
Technavio's food supply chain market is segmented as below:
- By Product Type
- Packaged food
- Fresh food
- By End-user
- Households
- Commercial
- Industrial
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing mergers and acquisitions among market vendors as one of the prime reasons driving the food supply chain market growth during the next few years. Also, digitalization of food supply chain and emergence of green food supply chain management will lead to sizable demand in the market.
The report on the food supply chain market covers the following areas:
- Food supply chain market sizing
- Food supply chain market forecast
- Food supply chain market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading food supply chain market vendors that include Archer Daniels Midland Co., AWL India Pvt. Ltd., Best Food Logistics, Burris Logistics Co., C H Robinson Worldwide Inc., Cargill Inc., DACHSER SE, DB Schenker, Eight Point Distributors, Gordon Food Service Inc., International Business Machines Corp., Lineage Inc, Nishimoto Co. Ltd., Olam Group Ltd., Oracle Corp., Radhakrishna Foodland Pvt Ltd., SAP SE, Schneider National Inc., SITRA, Sysco Corp., VersaCold Logistics Services, WayCool, and YUSEN LOGISTICS CO. LTD.. Also, the food supply chain market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.