Smart Food Logistics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Smart Food Logistics Market covers analysis By Component (Hardware, Software and Services); Technology (Fleet Management, Asset Tracking, Cold Chain Monitoring and Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00017563
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

The global market for smart food logistics was estimated at a good market share by revenue in 2019 and is projected to hit high by 2025, with a decent CAGR of percent during the 2020-2025 period. In the food industry, the market for smart logistics has arisen from the advantages of enabling the 'Ease of Procurement' to track packages in transit. The ability to obtain fresh goods with real-time access to the food movement is where the Internet of Things (IoT) driven smart logistics makes a big difference. With substantial growth rates over the last few years, the Global Smart food logistics Market is rising at a faster pace and the market is expected to expand significantly in the forecast period.

MARKET DYNAMICS

Rising usage of advanced analytics, improved automation and robotics for hardware and software and mobile computing for ERP is expected to drive the growth of the smart food logistics market. However, the issues related to absence of real-time clarity of assets positions leads to incompetent operational processes may restrain the growth of the smart food logistics market. Furthermore, several food logistics firms are involved in production operations which in turn is further going to create market opportunities for the smart food logistics market during the forecast period.

MARKET SCOPE

The "Smart Food Logistics Market Analysis to 2028" is a specialized and in-depth study of the smart food logistics market with a special focus on the global market trend analysis. The report aims to provide an overview of smart food logistics market with detailed market segmentation by component and technology, and geography. The smart food logistics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart food logistics market players and offers key trends and opportunities in the smart food logistics market.

MARKET SEGMENTATION

The smart food logistics market is segmented on the basis of component and technology. On the basis of type, the market is segmented into hardware, software and services. On the basis of application, the market is segmented into fleet management, asset tracking, cold chain monitoring and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the smart food logistics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart food logistics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting smart food logistics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the smart food logistics market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the smart food logistics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart food logistics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting smart food logistics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the smart food logistics market in these regions.

MARKET PLAYERS

The reports cover key developments in the smart food logistics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from smart food logistics market are anticipated to lucrative growth opportunities in the future with the rising demand for smart food logistics market. Below mentioned is the list of few companies engaged in the smart food logistics market.
The report also includes the profiles of key smart food logistics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •  BT9 Ltd.
  •  Controlant
  •  FoodlogiQ
  •  Geotab Inc.
  •  Huawei Technologies Co., Ltd.
  •  ORBCOMM
  •  Penske
  •  Semtech Corporation
  •  Sensitech Inc.
  •  Tech Mahindra Limited

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Food Logistics Market - By Component
1.3.2 Smart Food Logistics Market - By Technology
1.3.3 Smart Food Logistics Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SMART FOOD LOGISTICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. SMART FOOD LOGISTICS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. SMART FOOD LOGISTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. SMART FOOD LOGISTICS - GLOBAL MARKET OVERVIEW
6.2. SMART FOOD LOGISTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. SMART FOOD LOGISTICS MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SOFTWARE AND SERVICES
7.4.1. Overview
7.4.2. Software and Services Market Forecast and Analysis
8. SMART FOOD LOGISTICS MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. FLEET MANAGEMENT
8.3.1. Overview
8.3.2. Fleet Management Market Forecast and Analysis
8.4. ASSET TRACKING
8.4.1. Overview
8.4.2. Asset Tracking Market Forecast and Analysis
8.5. COLD CHAIN MONITORING AND OTHERS
8.5.1. Overview
8.5.2. Cold Chain Monitoring and Others Market Forecast and Analysis

9. SMART FOOD LOGISTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Smart Food Logistics Market Overview
9.1.2 North America Smart Food Logistics Market Forecasts and Analysis
9.1.3 North America Smart Food Logistics Market Forecasts and Analysis - By Component
9.1.4 North America Smart Food Logistics Market Forecasts and Analysis - By Technology
9.1.5 North America Smart Food Logistics Market Forecasts and Analysis - By Countries
9.1.5.1 United States Smart Food Logistics Market
9.1.5.1.1 United States Smart Food Logistics Market by Component
9.1.5.1.2 United States Smart Food Logistics Market by Technology
9.1.5.2 Canada Smart Food Logistics Market
9.1.5.2.1 Canada Smart Food Logistics Market by Component
9.1.5.2.2 Canada Smart Food Logistics Market by Technology
9.1.5.3 Mexico Smart Food Logistics Market
9.1.5.3.1 Mexico Smart Food Logistics Market by Component
9.1.5.3.2 Mexico Smart Food Logistics Market by Technology
9.2. EUROPE
9.2.1 Europe Smart Food Logistics Market Overview
9.2.2 Europe Smart Food Logistics Market Forecasts and Analysis
9.2.3 Europe Smart Food Logistics Market Forecasts and Analysis - By Component
9.2.4 Europe Smart Food Logistics Market Forecasts and Analysis - By Technology
9.2.5 Europe Smart Food Logistics Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Smart Food Logistics Market
9.2.5.1.1 Germany Smart Food Logistics Market by Component
9.2.5.1.2 Germany Smart Food Logistics Market by Technology
9.2.5.2 France Smart Food Logistics Market
9.2.5.2.1 France Smart Food Logistics Market by Component
9.2.5.2.2 France Smart Food Logistics Market by Technology
9.2.5.3 Italy Smart Food Logistics Market
9.2.5.3.1 Italy Smart Food Logistics Market by Component
9.2.5.3.2 Italy Smart Food Logistics Market by Technology
9.2.5.4 United Kingdom Smart Food Logistics Market
9.2.5.4.1 United Kingdom Smart Food Logistics Market by Component
9.2.5.4.2 United Kingdom Smart Food Logistics Market by Technology
9.2.5.5 Russia Smart Food Logistics Market
9.2.5.5.1 Russia Smart Food Logistics Market by Component
9.2.5.5.2 Russia Smart Food Logistics Market by Technology
9.2.5.6 Rest of Europe Smart Food Logistics Market
9.2.5.6.1 Rest of Europe Smart Food Logistics Market by Component
9.2.5.6.2 Rest of Europe Smart Food Logistics Market by Technology
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Smart Food Logistics Market Overview
9.3.2 Asia-Pacific Smart Food Logistics Market Forecasts and Analysis
9.3.3 Asia-Pacific Smart Food Logistics Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Smart Food Logistics Market Forecasts and Analysis - By Technology
9.3.5 Asia-Pacific Smart Food Logistics Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Smart Food Logistics Market
9.3.5.1.1 Australia Smart Food Logistics Market by Component
9.3.5.1.2 Australia Smart Food Logistics Market by Technology
9.3.5.2 China Smart Food Logistics Market
9.3.5.2.1 China Smart Food Logistics Market by Component
9.3.5.2.2 China Smart Food Logistics Market by Technology
9.3.5.3 India Smart Food Logistics Market
9.3.5.3.1 India Smart Food Logistics Market by Component
9.3.5.3.2 India Smart Food Logistics Market by Technology
9.3.5.4 Japan Smart Food Logistics Market
9.3.5.4.1 Japan Smart Food Logistics Market by Component
9.3.5.4.2 Japan Smart Food Logistics Market by Technology
9.3.5.5 South Korea Smart Food Logistics Market
9.3.5.5.1 South Korea Smart Food Logistics Market by Component
9.3.5.5.2 South Korea Smart Food Logistics Market by Technology
9.3.5.6 Rest of Asia-Pacific Smart Food Logistics Market
9.3.5.6.1 Rest of Asia-Pacific Smart Food Logistics Market by Component
9.3.5.6.2 Rest of Asia-Pacific Smart Food Logistics Market by Technology
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Smart Food Logistics Market Overview
9.4.2 Middle East and Africa Smart Food Logistics Market Forecasts and Analysis
9.4.3 Middle East and Africa Smart Food Logistics Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Smart Food Logistics Market Forecasts and Analysis - By Technology
9.4.5 Middle East and Africa Smart Food Logistics Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Smart Food Logistics Market
9.4.5.1.1 South Africa Smart Food Logistics Market by Component
9.4.5.1.2 South Africa Smart Food Logistics Market by Technology
9.4.5.2 Saudi Arabia Smart Food Logistics Market
9.4.5.2.1 Saudi Arabia Smart Food Logistics Market by Component
9.4.5.2.2 Saudi Arabia Smart Food Logistics Market by Technology
9.4.5.3 U.A.E Smart Food Logistics Market
9.4.5.3.1 U.A.E Smart Food Logistics Market by Component
9.4.5.3.2 U.A.E Smart Food Logistics Market by Technology
9.4.5.4 Rest of Middle East and Africa Smart Food Logistics Market
9.4.5.4.1 Rest of Middle East and Africa Smart Food Logistics Market by Component
9.4.5.4.2 Rest of Middle East and Africa Smart Food Logistics Market by Technology
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Smart Food Logistics Market Overview
9.5.2 South and Central America Smart Food Logistics Market Forecasts and Analysis
9.5.3 South and Central America Smart Food Logistics Market Forecasts and Analysis - By Component
9.5.4 South and Central America Smart Food Logistics Market Forecasts and Analysis - By Technology
9.5.5 South and Central America Smart Food Logistics Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Smart Food Logistics Market
9.5.5.1.1 Brazil Smart Food Logistics Market by Component
9.5.5.1.2 Brazil Smart Food Logistics Market by Technology
9.5.5.2 Argentina Smart Food Logistics Market
9.5.5.2.1 Argentina Smart Food Logistics Market by Component
9.5.5.2.2 Argentina Smart Food Logistics Market by Technology
9.5.5.3 Rest of South and Central America Smart Food Logistics Market
9.5.5.3.1 Rest of South and Central America Smart Food Logistics Market by Component
9.5.5.3.2 Rest of South and Central America Smart Food Logistics Market by Technology

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. SMART FOOD LOGISTICS MARKET, KEY COMPANY PROFILES
11.1. BT9 LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CONTROLANT
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FOODLOGIQ
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GEOTAB INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HUAWEI TECHNOLOGIES CO., LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ORBCOMM
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PENSKE
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SEMTECH CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SENSITECH INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TECH MAHINDRA LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. BT9 Ltd.
2. Controlant
3. FoodlogiQ
4. Geotab Inc.
5. Huawei Technologies Co., Ltd.
6. ORBCOMM
7. Penske
8. Semtech Corporation
9. Sensitech Inc.
10. Tech Mahindra Limited

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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