- Â Hardware
- Software
- Services
Smart Food Logistics Market size is valued at USD 9.1 billion in 2022 and is expected to reach a value of USD 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.
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.
Asia Pacific Got Significant Share
Smart Food Logistics Market Regional Analysis
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
Key Features of the Reports
- 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
Smart Food Logistics Market Segmentation
By Component
By Technology
- Cold Chain Monitoring
- Asset Tracking
- Fleet Management
By Application
- E-Commerce
- Supermarket
- Agricultural Trade
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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
| 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 |
- Orbcomm
- Sensitech (Carrier Global Corporation)
- Berlinger & Co. AG
- Geotab Inc.
- Verizon Connect
- Teletrac Navman
- Monnit Corporation
- Controlant
- Nippon Express co. ltd.