September 23, 2023
3 min

Global Food Logistics Market Size, Share, Trend, Growth, Report and Forecast 2023-2028 - Benzinga

The global food logistics market is projected to grow at a CAGR of 8% from 2023 to 2028, driven by the strong growth in the food and beverage sector and rising demand for packaged and convenience foods. The prevalence of e-commerce and the introduction of artificial intelligence have also contributed to market growth. Improved distribution channels, infrastructure in developing countries, and advanced technologies by logistics service providers are driving the industry. The market is segmented based on transportation mode, product, service type, and region, with North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa being the major regions. Rising internet penetration, the evolution of services, and increased demand for global and imported goods are the key trends in the market.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry