Global Smart Food Logistics Market Overview 

The Global Smart Food Logistics market size is estimated to reach $XXX million by 2026, growing at a CAGR of XX% over the forecast period of 2021-2026. Smart Food Logistics has risen from the advantages of expediting acquiring to recording packages in transit. The smart logistics mechanized by the Internet of Things is the capability to accept new and just produced items with real-time access to the motion of food.

The confluence of logistics and technology, together with cloud-based collaborative solutions that expand by way of the complete supply chain, has allowed a compact unification of warehouse, transport, and end consumer information and clarity by way of the supply chain, which is set to drive the Smart Food Logistics Market. The transformation of conventional asset-tracking to intelligent supply chains with the ability to earn for logistics firms a high Return On Investment (ROI) by sensors and IoT instruments is set to propel the growth of the Smart Food Logistics Market during the forecast period.

Impact of COVID-19:

COVID-19 had a positive impact on the market. The COVID-19 epidemic has affected most industries due to remote operating conditions or complete closure. This disruption has increased the use of technology and digitalization to a higher level to survive the epidemic and help prevent disruptions in their operations. The epidemic has affected the transport industry in various ways but has benefited Smart Food logistics. It is based on the capability to accept new and just produced items with real-time access to the motion of food by the Internet of things.

Key Takeaways from Global Smart Food Logistics Market Report:

• Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for Components, Technology, and by different industry verticals.
• Understand the different market dynamics – key driving factors, challenges, and hidden opportunities.
• Get in-depth insights on your competitor's performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes. 
• Get a quick outlook on the market entropy – M&As, deals, partnerships, product launches of all key players for the past four years. 
• Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.

By Component, the market for Hardware Segment to grow at the highest CAGR during the forecast period.

During the forecast period, the market for the Hardware segment is predicted to develop at the fastest rate of XX%. This growth is owing to the proliferating application of sensors as an indicator to not only permit a considerable degree of control over how foods and beverages are kept up, but sensors entrenched in these packaging techniques allow effortless tracking of the product all through the supply chain. The Software segment held the largest market share in 2020.

This growth is due to organizations' soaring acceptance of software to boost flexibility and tailor-make their products and services on a large scale. With the surging count of data management and analytics specialists, the supply chain could become a service. The ability of supply chain service providers to add value by capturing and investigating information for supply chain management and business decisions is further propelling the growth of the Software segment. 

By Technology, Asset Tracking Segment to grow at the highest CAGR during the forecast period.

The asset tracking segment is predicted to develop at the fastest CAGR during the projection period. This growth is owing to the surging application of IoT-enabled sensors in the food industry to provide real-time expertise of asset/fleet location, fleet motion speed, temperature conditions and additional critical data sets. The Cold Chain Monitoring Segment held the largest market share in 2020. This growth is due to the surging adoption of cold chain monitoring due to the effective supervision of depository, consignment, and circulation of products needing a temperature-regulated environment. The heightening application of cold chain monitoring guaranteeing stable temperature for the transfer and depository of goods is further propelling the growth of this segment.

North America to account for the largest market share during the forecast period.

North America held the largest share of the Smart Food Logistics market in 2020, with a global market share of 38%. This region's growth is due to the robust production, transportation, and logistics industries, with numerous technological advancements in the region. The surging government initiatives and regulations in different end-user industries are further driving the growth of the Smart Food Logistics Market in this region. The soaring government backing towards the acceptance of technologies to handle wastage in the supply chain is further propelling the growth of the Smart Food Logistics Market in the North American region.

The Asia Pacific is set to be the fastest-growing over 2021-2026. This growth is owing to factors like accelerated development in acceptance of ecommerce and digital transformation amidst the COVID-19 pandemic in the Asia-Pacific region. The proliferating application of automated solutions that allow makers, warehouse operators and logistics providers to get food products to consumers rapidly with soaring precision, effectiveness and affordability is further fuelling the progress of the Smart Food Logistics Market in the Asia-Pacific region.

Market Dynamics

Driver: 

Fruitful Partnership In Cold Chain Monitoring For Grocery Pick-Up Is Projected To Drive The Growth Of Smart Food Logistics Market. 

Cleveron chose Globe Tracker (GT) to supervise the temperature conditions of the containers utilized for its Cleveron 501 grocery pickup robots. The Cleveron 501 is a self-standing automated pickup solution with distinct temperature zones, including a deep freeze area. The technology is utilized by internationally recognized retailers in Europe and North America to provide a fast and convenient drive-through grocery pickup for their purchasers.

Accurate and trustworthy climate control is necessary for technologies dealing with groceries. It is the reason why Cleveron has partnered with Globe Tracker, who offers location, remote monitoring and regulation of the parameters of the container utilized for Cleveron 501, permitting Cleveron's technical support team to be responsive to real-time notifications from the system. These kinds of innovative partnerships are therefore fuelling the growth of the Smart Food Logistics Market during the forecast period.

Challenge: 

Challenges Of Smart Food Logistics Are Hampering The Growth Of The Smart Food Logistics Market.

Changing food laws and regulations across regions like the Food And Drug Safety Act has imposed considerable pressure on supply chains to track more information and boost transparency. The COVID-19 pandemic seriously disrupted nearly all the end-user industries internationally, influencing the supply chain administration of businesses owing to remote working conditions or total lockdown, leading to the stoppage of operations.

The disruption propagated the utilization of technology and digitalization to the maximum to survive the pandemic and assist in averting the disruption of operations. The pandemic influenced the logistics industry as the Logistics Managers' Index (LMI) dropped to an all-time low. The LMI is based on eight rare constituents that include inventory (levels and costs), warehousing (capacity, utilization, and prices), and transportation (capacity, utilization, and prices). These issues are thus hampering the growth of the Smart Food Logistics Market.

Key Market Players

Key Players in the Global Smart Food Logistics Market consist of ORBCOMM Inc., Sensitech Inc., Berlinger &Co. AG, Geotab Inc, Kit Corporation, LYNA LOGICS, Inc., Kouei system ltd, Hacobu Co., Ltd. (MOVO), Nippon Express co. Ltd., and Monnit Corporation.

Recent Developments:

In September 2021, ORBCOMM Inc., declared the finish of its acquisition by GI Partners, a chief U.S.-based private investment management firm, in an all-cash transaction that values ORBCOMM at nearly $1.1 billion, inclusive of net debt. Under the terms of the transaction, which was declared on April 8, 2021, ORBCOMM stockholders will accept $11.50 in cash per outstanding share of common stock, depicting a premium of nearly 52% to ORBCOMM's closing share price on April 7th and a 50% premium over the 90-day volume-weighted average share price by way of that date. ORBCOMM stockholders endorsed the transaction on July 8, 2021.

Report Coverage and Scope

The report "Global Smart Food Logistics Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Component

• Software
• Hardware
• Services 

By Technology

• Fleet Management
• Asset Tracking
• Cold Chain Monitoring

By Geography

• North America
• Europe
• APAC
• RoW

Chapter 1 Smart Food Logistics Market Overview

1.1 Product Overview and Scope of Smart Food Logistics

1.2 Smart Food Logistics Market Segmentation By Component

1.2.1 Software

1.2.2 Hardware

1.2.3 Services 

1.3 Smart Food Logistics Market Segmentation By Technology

1.3.1 Fleet Management

1.3.2 Asset Tracking

1.3.3 Cold Chain Monitoring

1.4 Smart Food Logistics Market Segmentation by Regions

1.4.1 North America

1.4.2 China

1.4.3 Europe

1.4.4 Southeast Asia

1.4.5 Japan

1.4.6 India

1.5 Global Market Size (Value) of Smart Food Logistics (2015-2027)

Chapter 2 Global Economic Impact on Smart Food Logistics Industry

2.1 Global Macroeconomic Environment Analysis

2.1.1 Global Macroeconomic Analysis

2.1.2 Global Macroeconomic Environment Development Trend

2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Smart Food Logistics Market Competition by Manufacturers

3.1 Global Smart Food Logistics Production and Share by Manufacturers (2021 and 2021)

3.2 Global Smart Food Logistics Revenue and Share by Manufacturers (2021 and 2021)

3.3 Global Smart Food Logistics Average Price by Manufacturers (2021 and 2021)

3.4 Manufacturers Smart Food Logistics Manufacturing Base Distribution, Production Area and Product Type

3.5 Smart Food Logistics Market Competitive Situation and Trends

3.5.1 Smart Food Logistics Market Concentration Rate

3.5.2 Smart Food Logistics Market Share of Top 3 and Top 5 Manufacturers

3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Smart Food Logistics Production, Revenue (Value) by Region (2015-2021)

4.1 Global Smart Food Logistics Production by Region (2015-2021)

4.2 Global Smart Food Logistics Production Market Share by Region (2015-2021)

4.3 Global Smart Food Logistics Revenue (Value) and Market Share by Region (2015-2021)

4.4 Global Smart Food Logistics Production, Revenue, Price and Gross Margin (2015-2021)

4.5 North America Smart Food Logistics Production, Revenue, Price and Gross Margin (2015-2021)

4.6 Europe Smart Food Logistics Production, Revenue, Price and Gross Margin (2015-2021)

4.7 China Smart Food Logistics Production, Revenue, Price and Gross Margin (2015-2021)

4.8 Japan Smart Food Logistics Production, Revenue, Price and Gross Margin (2015-2021)

4.9 Southeast Asia Smart Food Logistics Production, Revenue, Price and Gross Margin (2015-2021)

4.10 India Smart Food Logistics Production, Revenue, Price and Gross Margin (2015-2021)

Chapter 5 Global Smart Food Logistics Supply (Production), Consumption, Export, Import by Regions (2015-2021)

5.1 Global Smart Food Logistics Consumption by Regions (2015-2021)

5.2 North America Smart Food Logistics Production, Consumption, Export, Import by Regions (2015-2021)

5.3 Europe Smart Food Logistics Production, Consumption, Export, Import by Regions (2015-2021)

5.4 China Smart Food Logistics Production, Consumption, Export, Import by Regions (2015-2021)

5.5 Japan Smart Food Logistics Production, Consumption, Export, Import by Regions (2015-2021)

5.6 Southeast Asia Smart Food Logistics Production, Consumption, Export, Import by Regions (2015-2021)

5.7 India Smart Food Logistics Production, Consumption, Export, Import by Regions (2015-2021)

Chapter 6 Global Smart Food Logistics Production, Revenue (Value), Price Trend by Type

6.1 Global Smart Food Logistics Production and Market Share by Type (2015-2021)

6.2 Global Smart Food Logistics Revenue and Market Share by Type (2015-2021)

6.3 Global Smart Food Logistics Price by Type (2015-2021)

6.4 Global Smart Food Logistics Production Growth by Type (2015-2021)

Chapter 7 Global Smart Food Logistics Market Analysis by Application

7.1 Global Smart Food Logistics Consumption and Market Share by Application (2015-2021)

7.2 Global Smart Food Logistics Consumption Growth Rate by Application (2015-2021)

7.3 Market Drivers and Opportunities

7.3.1 Potential Applications

7.3.2 Emerging Markets/Countries

Chapter 8 Smart Food Logistics Manufacturing Cost Analysis

8.1 Smart Food Logistics Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Price Trend of Key Raw Materials

8.1.3 Key Suppliers of Raw Materials

8.1.4 Market Concentration Rate of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.2.1 Raw Materials

8.2.2 Labour Cost

8.2.3 Manufacturing Expenses

8.3 Manufacturing Process Analysis of Nano Diamond Battery

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

9.1 Smart Food Logistics Industrial Chain Analysis

9.2 Upstream Raw Materials Sourcing

9.3 Raw Materials Sources of Smart Food Logistics Major Manufacturers in 2021

9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

10.1 Marketing Channel

10.1.1 Direct Marketing

10.1.2 Indirect Marketing

10.1.3 Marketing Channel Development Trend

10.2 Market Positioning

10.2.1 Pricing Strategy

10.2.2 Brand Strategy

10.2.3 Target Client

10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis

11.1 Technology Progress/Risk

11.1.1 Substitutes Threat

11.1.2 Technology Progress in Related Industry

11.2 Consumer Needs/Customer Preference Change

11.3 Economic/Political Environmental Change

Chapter 12 Global Smart Food Logistics Market Forecast (2021-2027)

12.1 Global Smart Food Logistics Production, Revenue Forecast (2021-2027)

12.2 Global Smart Food Logistics Production, Consumption Forecast by Regions (2021-2027)

12.3 Global Smart Food Logistics Production Forecast by Type (2021-2027)

12.4 Global Smart Food Logistics Consumption Forecast by Application (2021-2027)

12.5 Smart Food Logistics Price Forecast (2021-2027)

Chapter 13 Appendix