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Smart Food Logistics Market: by Component, by Technology, by Application and Region Forecast 2020-2031
Smart Food Logistics Market: by Component, by Technology, by Application and Region Forecast 2020-2031
Smart Food Logistics Market size was valued at US$ 9.1 billion in 2023 and is expected to reach a value of US$ 21.4 billion by 2030, growing at a CAGR of 13.2% from 2024 to 2030. 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 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.
Study Period
2025-2031Base Year
2024CAGR
13.2%Largest Market
Asia-PacificFastest Growing Market
North-America
Advanced data analytics, enhanced automation, and robotics for hardware, software, and mobile computing for business resource planning propel the smart food logistics industry forward.
The AsiaAsia Pacific Got Significant Share Pacific market is expected to witness the largest market share during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2023 |
US$ 9.1 billion |
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Market Size in 2030 |
US$ 21.4 billion |
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Market CAGR |
13.2% |
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By Component |
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By Technology |
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By Application |
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By Region |
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The smart food logistics market size was valued at US$ 9.1 billion in 2023 and is expected to reach a value of US$ 21.4 billion by 2030, growing at a CAGR of 13.2% from 2024 to 2030.
The Key players in the market are: Orbcomm, Sensitech (Carrier Global Corporation), Berlinge; Co. AG, Geotab Inc., Verizon Connect, Teletrac Navman, Monnit Corporation, Controlant, Nippon Express Co. ltd.
North America is the fastest-growing region in the market
| 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, 2020 - 2024 and Forecast, 2025 - 2031 |
| 4.1. Market Analysis,2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.1. Hardware |
| 5.1.1. Sensors |
| 5.1.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 6.1. Cold Chain Monitoring |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.1. E-Commerce |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2025 - 2031 |
| 9. North America Smart Food Logistics MarketAnalysis,2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 9.1. By Component Analysis 2020 - 2024 and Forecast, 2025 - 2031by 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 2020 - 2024 and Forecast, 2025 - 2031 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 2020 - 2024 and Forecast, 2025 - 2031 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 2020 - 2024 and Forecast, 2025 - 2031by 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, 2025 - 2031 |
| 9.6. North America Smart Food Logistics Market Dynamics - Trends |
| 10. Europe Smart Food Logistics Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 10.1. By Component Analysis 2020 - 2024 and Forecast, 2025 - 2031by 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 2020 - 2024 and Forecast, 2025 - 2031 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 2020 - 2024 and Forecast, 2025 - 2031 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 2020 - 2024 and Forecast, 2025 - 2031 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, 2025 - 2031 |
| 10.6. Europe Smart Food Logistics Market Dynamics - Trends |
| 11. Asia-Pacific Smart Food Logistics Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 11.1. By Component Analysis 2020 - 2024 and Forecast, 2025 - 2031by 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 2020 - 2024 and Forecast, 2025 - 2031 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 2020 - 2024 and Forecast, 2025 - 2031 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 Analysis2020 - 2024 and Forecast, 2025 - 2031 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, 2025 - 2031 |
| 11.6. Asia-Pacific Smart Food Logistics Market Dynamics - Trends |
| 12. Latin America Smart Food Logistics Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 12.1. By Component Analysis 2020 - 2024 and Forecast, 2025 - 2031by 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 2020 - 2024 and Forecast, 2025 - 2031 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 2020 - 2024 and Forecast, 2025 - 2031 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 2020 - 2024 and Forecast, 2025 - 2031 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, 2025 - 2031 |
| 12.6. Latin America Smart Food Logistics Market Dynamics - Trends |
| 13. Middle East and Africa Smart Food Logistics Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 13.1. By Component Analysis 2020 - 2024 and Forecast, 2025 - 2031by 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 2020 - 2024 and Forecast, 2025 - 2031 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 2020 - 2024 and Forecast, 2025 - 2031 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 2020 - 2024 and Forecast, 2025 - 2031 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, 2025 - 2031 |
| 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
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.