Smart Food Logistics Market: by Component, by Technology, by Application and Geography

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Smart Food Logistics Market Size, Share, Growth, Trends, and Global Industry Analysis: by Component ( Hardware, Software, Services), by Technology (Cold Chain Monitoring, Asset Tracking, Fleet Management), by Application (E-Commerce, Supermarket, Agricultural Trade) and Region

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Smart Food Logistics Market size is valued at US$ 9.1 billion in 2022 and is expected to reach a value of US$ 21.4 billion by 2029, growing at a CAGR of 13.2% from 2023 to 2029. The global market provides a detailed overview of the market, which can be segmented by component, technology, and application. By component, the Smart Food Logistics market has been segmented into Hardware, Software, and Services. The Software segment is the largest and fastest-growing segment in terms of components. The smart food logistics market is segmented by technology: Cold Chain Monitoring, Asset Tracking, and Fleet Management. The Cold Chain Monitoring segment accounted for a significant revenue share in 2022. The market is segmented based on E-Commerce, Supermarket, and Agricultural Trade applications. 

Smart Food Logistics Market Key developments:
  • In September 2021, ORBCOMM Inc. was selected by TLD Logistics Services Inc. (TLD), an independent subsidiary of Toyota Tsusho, to upgrade its fleet of trucks and refrigerated trailers with ORBCOMM's advanced in-cab and cold chain telematics solutions for two-way temperature monitoring and control.

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Smart Food Logistics Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

13.2%

Largest Market

Asia-Pacific

Fastest Growing Market

North America

Smart Food Logistics Market Dynamics

Advanced data analytics, enhanced automation, and robotics for hardware, software, and mobile computing for business resource planning propel the smart food logistics industry forward.

Smart Food Logistics Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 9.1 billion

Market Size in 2029

US$ 21.4 billion

Market CAGR

13.2%

By Component

  •  Hardware
  • Software
  • Services

By Technology

  • Cold Chain Monitoring
  • Asset Tracking
  • Fleet Management

By Application

  • E-Commerce
  • Supermarket
  • Agricultural Trade

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The smart food logistics market provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The smart food logistics market covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The smart food logistics market outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The smart food logistics market tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The smart food logistics market provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The smart food logistics market is projected to expand at a CAGR of 13.2% during the forecast period

Orbcomm??, Sensitech (Carrier Global Corporation)??, Berlinger & Co. AG??, Geotab Inc.??, Verizon Connect??, Teletrac Navman??, Monnit Corporation, Controlant??, Nippon Express co. ltd. ?

North America is the fastest-growing region for smart food logistics market

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1. Executive Summary
2. Global Smart Food Logistics Market Introduction
2.1. Global Smart Food Logistics Market - Taxonomy
2.2. Global Smart Food Logistics Market -Definitions
2.2.1. Component
2.2.2. Technology
2.2.3. Application
3. Global Smart Food Logistics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Smart Food Logistics Market Dynamic Factors - Impact Analysis
3.6. Global Smart Food Logistics Market - Competition Landscape
4. Global Smart Food Logistics Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 
4.1. Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Smart Food Logistics Market, By Component, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1. Hardware
5.1.1. Sensors
5.1.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.1.3. Market Opportunity Analysis
5.1.2. Networking Devices
5.1.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.2.3. Market Opportunity Analysis
5.2. Software
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Services
5.3.1. Professional Services
5.3.1.1. Consulting
5.3.1.1.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.1.1.3.  Market Opportunity Analysis
5.3.1.2. Support & Maintenance
5.3.1.2.1.Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.1.2.3.  Market Opportunity Analysis
5.3.2. Managed Services
5.3.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.2.3. Market Opportunity Analysis
6. Global Smart Food Logistics Market Forecast, By Technology, 2018 - 2022 and Forecast, 2023 - 2029  (Revenue, USD Mn)
6.1. Cold Chain Monitoring
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Asset Tracking
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Fleet Management
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Smart Food Logistics Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1. E-Commerce
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Supermarket
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Agricultural Trade
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Smart Food Logistics Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Smart Food Logistics Market - Opportunity Analysis Index, By Component, Technology, Application and Region, 2023 - 2029
9. North America Smart Food Logistics MarketAnalysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.1. By Component Analysis 2018 - 2022 and Forecast, 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Hardware
9.1.1.1. Sensors
9.1.1.2. Networking Devices
9.1.2. Software
9.1.3. Services
9.1.3.1. Professional Services
9.1.3.1.1.   Consulting
9.1.3.1.2.  Support & Maintenance
9.1.3.2. Managed Services
9.2. Technology Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Cold Chain Monitoring
9.2.2. Asset Tracking
9.2.3. Fleet Management
9.3. Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. E-Commerce
9.3.2. Supermarket
9.3.3. Agricultural Trade
9.4. Country Analysis 2018 - 2022 and Forecast, 2023 - 2029by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Smart Food Logistics Market - Opportunity Analysis Index, By Component, Technology, Application, and Country, 2023 - 2029
9.6. North America Smart Food Logistics Market Dynamics - Trends
10. Europe Smart Food Logistics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
10.1. By Component Analysis 2018 - 2022 and Forecast, 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Hardware
10.1.1.1. Sensors
10.1.1.2. Networking Devices
10.1.2. Software
10.1.3. Services
10.1.3.1. Professional Services
10.1.3.1.1. Consulting
10.1.3.1.2. Support & Maintenance
10.1.3.2. Managed Services
10.2. Technology Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Cold Chain Monitoring
10.2.2. Asset Tracking
10.2.3. Fleet Management
10.3. Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. E-Commerce
10.3.2. Supermarket
10.3.3. Agricultural Trade
10.4. Country Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Smart Food Logistics Market - Opportunity Analysis Index, By  Component, Technology, Application, and Country, 2023 - 2029
10.6. Europe Smart Food Logistics Market Dynamics - Trends
11. Asia-Pacific Smart Food Logistics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
11.1. By Component Analysis 2018 - 2022 and Forecast, 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Hardware
11.1.1.1. Sensors
11.1.1.2. Networking Devices
11.1.2. Software
11.1.3. Services
11.1.3.1. Professional Services
11.1.3.1.1.   Consulting
11.1.3.1.2.  Support & Maintenance
11.1.3.2. Managed Services
11.2. Technology Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Cold Chain Monitoring
11.2.2. Asset Tracking
11.2.3. Fleet Management
11.3. Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. E-Commerce
11.3.2. Supermarket
11.3.3. Agricultural Trade
11.4. Country Analysis2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Smart Food Logistics Market - Opportunity Analysis Index, By Component, Technology, Application, and Country, 2023 - 2029
11.6. Asia-Pacific Smart Food Logistics Market Dynamics - Trends
12. Latin America Smart Food Logistics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
12.1. By  Component Analysis 2018 - 2022 and Forecast, 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Hardware
12.1.1.1. Sensors
12.1.1.2. Networking Devices
12.1.2. Software
12.1.3. Services
12.1.3.1. Professional Services
12.1.3.1.1.   Consulting
12.1.3.1.2.  Support & Maintenance
12.1.3.2. Managed Services
12.2. Technology Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Cold Chain Monitoring
12.2.2. Asset Tracking
12.2.3. Fleet Management
12.3. Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. E-Commerce
12.3.2. Supermarket
12.3.3. Agricultural Trade
12.4. Country Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Smart Food Logistics Market - Opportunity Analysis Index, By  Component, Technology, Application, and Country, 2023 - 2029
12.6. Latin America Smart Food Logistics Market Dynamics - Trends
13. Middle East and Africa Smart Food Logistics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
13.1. By Component Analysis 2018 - 2022 and Forecast, 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Hardware
13.1.1.1. Sensors
13.1.1.2. Networking Devices
13.1.2. Software
13.1.3. Services
13.1.3.1. Professional Services
13.1.3.1.1. Consulting
13.1.3.1.2. Support & Maintenance
13.1.3.2. Managed Services
13.2. Technology Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Cold Chain Monitoring
13.2.2. Asset Tracking
13.2.3. Fleet Management
13.3. Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. E-Commerce
13.3.2. Supermarket
13.3.3. Agricultural Trade
13.4. Country Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Smart Food Logistics Market - Opportunity Analysis Index, By  Component, Technology, Application, and Country, 2023 - 2029
13.6. MEA Smart Food Logistics Market Dynamics - Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Technology& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Orbcomm??
14.2.2. Sensitech (Carrier Global Corporation)??
14.2.3. Berlinger & Co. AG??
14.2.4. Geotab Inc.??
14.2.5. Verizon Connect??
14.2.6. Teletrac Navman??
14.2.7. Monnit Corporation??
14.2.8. Controlant??
14.2.9. Nippon Express co. ltd. ?
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • Orbcomm
  • Sensitech (Carrier Global Corporation)
  • Berlinger & Co. AG
  • Geotab Inc.
  • Verizon Connect
  • Teletrac Navman
  • Monnit Corporation
  • Controlant
  • Nippon Express co. ltd.

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