Perishable Goods Transportation Market in the US to grow at a CAGR of 8% from 2022 to 2027, MPS to be a significant segment for the market growth - Technavio

NEW YORK, March 27, 2023 /PRNewswire/ -- The perishable goods transportation market in the US is estimated to grow by USD 1,873.75 million from 2022 to 2027. The market will progress at a CAGR of 8% during the forecast period. Technavio has segmented the market based on end-user (MPS, dairy, fruits and vegetables, and bakery and confectionery) and modes of transportation (air transportation, road transportation, and others). For comprehensive details on the market size of the historic period (2017 to 2021) and forecast period (2023-2027) - Request Sample report

Company Profiles

The report includes information on the product launches, sustainability, and prospects of leading vendors including AIT Worldwide Logistics Inc., Alliance Shippers Inc., AP Moller Maersk AS, Bay and Bay Transportation, Burris Logistics Co., C H Robinson Worldwide Inc., CMA CGM SA, Columbian Logistics Network, COSCO Shipping Co. Ltd., DB Schenker, Deutsche Post AG, FST Logistics, Hapag Lloyd AG, KLLM Transportation Services, Lineage Logistics Holdings LLC, Mara Labs Inc., Orient Overseas Container Line Ltd., Prime Fresh Handling LLC, Swift Cargo Pvt. Ltd., and VersaCold Logistics Services.

Vendor Offerings - 

• Alliance Shippers Inc. - The company offers perishable goods transportation services such as arranging refrigerated shipments.
• Moller Maersk AS - The company offers perishable goods transportation services for pharmacies, fruits and vegetables, and fish and seafood.
• Bay and Bay Transportation - The company offers perishable goods transportation services such as refrigerated transportation.
• For more vendors and their offerings - Request a Sample Report!

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• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession? 
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Vendor Landscape
The perishable goods transportation market in the US is fragmented with the vendors competing with competitors and trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning, technological advances, and the price of the products 

Market Dynamics

Major Drivers & Challenges- The market is driven by factors such as the rising demand for processed food, growing end-user segments, and the growing popularity of reefer tracking. However, food safety issues are hindering market growth.

The rise in the level of disposable income has changed consumers' spending behavior. They prefer to try different food varieties irrespective of the price. In addition, trade liberalizations have helped in the transport of varieties of processed foods, such as tinned vegetables and ready meals, which drives the demand. The increase in the number of working women in developing countries is also driving the demand for perishable goods in the US.

Food safety issues are a major challenge to the growth of the perishable goods transportation market in the US. Perishable goods are highly susceptible to damage and spoilage. Hence, they must be handled with must be and refrigerated prior to shipment in a freezer during transportation. A direct transfer without cooling will affect product quality.  Failure at any operating point can result in food safety issues. Refrigerated containers must be maintained and sanitized prior to shipment to maintain the hygiene of the products. For instance, in April 2016, the Food and Drugs Administration (FDA) published a rule requiring shippers to document sanitary practices when transporting food items. 

Key Trends- The introduction of cloud technologies, artificial intelligence, and the internet of things is the primary trend in the perishable goods transportation market growth in the US. The evolution of big data analytics has resulted in improved decision-making for freight handling. Most companies use the latest technologies, such as sensors for the real monitoring of temperature and humidity. This has resulted in a huge amount of data being generated, which can be used in predictive analytics and can give information about the number of instances the reefer has failed and the time of failure. Companies such as Intratab introduced applications and tags to perform the real-time monitoring of shipped perishable goods. Hence, the introduction of the latest technologies is a trend influencing the growth of the perishable goods transportation market in US during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - View Sample Report

 Market Segmentation

The market share growth by the MPS segment will be significant during the forecast period. This category of perishable goods is more susceptible to microbial contamination when compared with other food products. The products have to be pre-cooled before being moved to containers to retain the same temperature levels. To preserve quality and freshness, products such as seafood, meat, and poultry must be carried at regulated temperature levels. These food products also have to be frozen at the given temperature standards, which will further affect texture, appearance, and moisture content. Any mishandling in the entire cold chain can result in meat and seafood spoilage, making them non-consumable. 

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

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Table of Contents????

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Mode of Transportation
• Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 07: Parent market
• Exhibit 08: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 09: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 10: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
• Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Pererishable goods transportation market in US 2017 - 2021 
• Exhibit 15: Historic Market Size – Data Table on Pererishable goods transportation market in US 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 16: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 Mode of Transport Segment Analysis 2017 - 2021 
• Exhibit 17: Historic Market Size – Mode of Transport Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 25: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 26: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 27: Chart on Comparison by End-user
• Exhibit 28: Data Table on Comparison by End-user

• 6.3 MPS - Market size and forecast 2022-2027 
• Exhibit 29: Chart on MPS - Market size and forecast 2022-2027 ($ million)
• Exhibit 30: Data Table on MPS - Market size and forecast 2022-2027 ($ million)
• Exhibit 31: Chart on MPS - Year-over-year growth 2022-2027 (%)
• Exhibit 32: Data Table on MPS - Year-over-year growth 2022-2027 (%)

• 6.4 Dairy - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Dairy - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Dairy - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Dairy - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Dairy - Year-over-year growth 2022-2027 (%)

• 6.5 Fruits and vegetables - Market size and forecast 2022-2027 
• Exhibit 37: Chart on Fruits and vegetables - Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Data Table on Fruits and vegetables - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Chart on Fruits and vegetables - Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on Fruits and vegetables - Year-over-year growth 2022-2027 (%)

• 6.6 Bakery and confectionery - Market size and forecast 2022-2027 
• Exhibit 41: Chart on Bakery and confectionery - Market size and forecast 2022-2027 ($ million)
• Exhibit 42: Data Table on Bakery and confectionery - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Chart on Bakery and confectionery - Year-over-year growth 2022-2027 (%)
• Exhibit 44: Data Table on Bakery and confectionery - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by End-user 
• Exhibit 45: Market opportunity by End-user ($ million)

7 Market Segmentation by Mode of Transportation

• 7.1 Market segments
• Exhibit 46: Chart on Mode of Transportation - Market share 2022-2027 (%)
• Exhibit 47: Data Table on Mode of Transportation - Market share 2022-2027 (%)

• 7.2 Comparison by Mode of Transportation 
• Exhibit 48: Chart on Comparison by Mode of Transportation
• Exhibit 49: Data Table on Comparison by Mode of Transportation

• 7.3 Air transportation - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Air transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Air transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Air transportation - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Air transportation - Year-over-year growth 2022-2027 (%)

• 7.4 Road transportation - Market size and forecast 2022-2027 
• Exhibit 54: Chart on Road transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 55: Data Table on Road transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Chart on Road transportation - Year-over-year growth 2022-2027 (%)
• Exhibit 57: Data Table on Road transportation - Year-over-year growth 2022-2027 (%)

• 7.5 Others - Market size and forecast 2022-2027 
• Exhibit 58: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 59: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 61: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Mode of Transportation 
• Exhibit 62: Market opportunity by Mode of Transportation ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 64: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 65: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 66: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 67: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 68: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 69: Matrix on vendor position and classification

• 11.3 Alliance Shippers Inc. 
• Exhibit 70: Alliance Shippers Inc. - Overview
• Exhibit 71: Alliance Shippers Inc. - Product / Service
• Exhibit 72: Alliance Shippers Inc. - Key offerings

• 11.4 AP Moller Maersk AS
• Exhibit 73: AP Moller Maersk AS - Overview
• Exhibit 74: AP Moller Maersk AS - Business segments
• Exhibit 75: AP Moller Maersk AS - Key news
• Exhibit 76: AP Moller Maersk AS - Key offerings
• Exhibit 77: AP Moller Maersk AS - Segment focus

• 11.5 Bay and Bay Transportation 
• Exhibit 78: Bay and Bay Transportation - Overview
• Exhibit 79: Bay and Bay Transportation - Product / Service
• Exhibit 80: Bay and Bay Transportation - Key news
• Exhibit 81: Bay and Bay Transportation - Key offerings

• 11.6 Burris Logistics Co.
• Exhibit 82: Burris Logistics Co. - Overview
• Exhibit 83: Burris Logistics Co. - Product / Service
• Exhibit 84: Burris Logistics Co. - Key offerings

• 11.7 Columbian Logistics Network 
• Exhibit 85: Columbian Logistics Network - Overview
• Exhibit 86: Columbian Logistics Network - Product / Service
• Exhibit 87: Columbian Logistics Network - Key offerings

• 11.8 DB Schenker
• Exhibit 88: DB Schenker - Overview
• Exhibit 89: DB Schenker - Business segments
• Exhibit 90: DB Schenker - Key offerings
• Exhibit 91: DB Schenker - Segment focus

• 11.9 Deutsche Post AG
• Exhibit 92: Deutsche Post AG - Overview
• Exhibit 93: Deutsche Post AG - Business segments
• Exhibit 94: Deutsche Post AG - Key news
• Exhibit 95: Deutsche Post AG - Key offerings
• Exhibit 96: Deutsche Post AG - Segment focus

• 11.10 FST Logistics
• Exhibit 97: FST Logistics - Overview
• Exhibit 98: FST Logistics - Product / Service
• Exhibit 99: FST Logistics - Key offerings

• 11.11 Hapag Lloyd AG
• Exhibit 100: Hapag Lloyd AG - Overview
• Exhibit 101: Hapag Lloyd AG - Product / Service
• Exhibit 102: Hapag Lloyd AG - Key news
• Exhibit 103: Hapag Lloyd AG - Key offerings

• 11.12 KLLM Transportation Services 
• Exhibit 104: KLLM Transportation Services - Overview
• Exhibit 105: KLLM Transportation Services - Product / Service
• Exhibit 106: KLLM Transportation Services - Key offerings

• 11.13 Lineage Logistics Holdings LLC 
• Exhibit 107: Lineage Logistics Holdings LLC - Overview
• Exhibit 108: Lineage Logistics Holdings LLC - Product / Service
• Exhibit 109: Lineage Logistics Holdings LLC - Key offerings

• 11.14 Mara Labs Inc.
• Exhibit 110: Mara Labs Inc. - Overview
• Exhibit 111: Mara Labs Inc. - Product / Service
• Exhibit 112: Mara Labs Inc. - Key offerings

• 11.15 Orient Overseas Container Line Ltd. 
• Exhibit 113: Orient Overseas Container Line Ltd. - Overview
• Exhibit 114: Orient Overseas Container Line Ltd. - Business segments
• Exhibit 115: Orient Overseas Container Line Ltd. - Key offerings
• Exhibit 116: Orient Overseas Container Line Ltd. - Segment focus

• 11.16 Prime Fresh Handling LLC 
• Exhibit 117: Prime Fresh Handling LLC - Overview
• Exhibit 118: Prime Fresh Handling LLC - Product / Service
• Exhibit 119: Prime Fresh Handling LLC - Key offerings

• 11.17 VersaCold Logistics Services 
• Exhibit 120: VersaCold Logistics Services - Overview
• Exhibit 121: VersaCold Logistics Services - Product / Service
• Exhibit 122: VersaCold Logistics Services - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 123: Inclusions checklist
• Exhibit 124: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 125: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 126: Research methodology
• Exhibit 127: Validation techniques employed for market sizing
• Exhibit 128: Information sources

• 12.5 List of abbreviations 
• Exhibit 129: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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