The market study report by Informes de Expertos titled, ‘Latin America Food Logistics Market 2023-2028’, gives structured insights into the market, examining its diverse segments and key variables such as segment, product, mode of transport, type of service and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.
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Los aspectos más destacados del informe incluyen:
Visión general del mercado (2018-2028)
• CAGR para el período de pronóstico (2023-2028): 10,27%
El mercado latinoamericano de logística alimentaria está creciendo con el efecto de los avances tecnológicos y el creciente uso del IoT entre una amplia base de consumidores más jóvenes para facilitar el acceso. Además, la convergencia de las tecnologías y la logística y la introducción de nuevas modalidades en el sector de destino por los principales actores para mejorar sus ventas y canales de suministro está ayudando al mercado a largo plazo. Más aún, el Internet de las Cosas (IoT) está ayudando a los principales actores de la logística alimentaria a controlar y gestionar cada eslabón de la cadena de suministro de alimentos, lo que está fortaleciendo el negocio.
Los principales actores de la industria de la logística alimentaria quieren entregar los alimentos a los consumidores a tiempo y a un precio asequible según la personalización de los consumidores para lograr la máxima satisfacción y mejores críticas para ampliar la cuota de mercado en América Latina. Todos estos factores mencionados están apoyando la industria de la logística alimentaria en la región objetivo, junto con los objetivos de la reducción de las emisiones de carbono y la promoción de sostenibilidad.
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Industry Definition and Major Segments
The coordination and execution of a complex activity such as movement of food products or goods from one location to another to make accessible to customers are referred to as food logistics. Given that it deals with highly perishable products, the food business is very dependent on an effective supply chain and logistics procedures. Incoming items, storage, order collection, and delivery of finished and semi-finished goods are all included in food logistics.
According to the segment, the market is segmented into:
• Transportation
• Packaging
• Instrumentation
By product, the industry is divided into:
• Dairy Products
• Bakery and Confectionery
• Processed Foods and Vegetable Oil
• Fish, Meat and Seafood
• Fruits and Vegetables
• Fruit Pulp and Concentrates
• Coffee and Tea
• Others
Due to the mode of transport, the industry is fragmented into:
• Airways
• Seaway
• Roadway
• Railway
Based on the type of service, the report classifies the market into:
• Cold chain
• Non-Cold Chain
Key regions covered include:
• Brazil
• Argentina
• Mexico
• Chile
• Others
Market Trends
The Latin American food logistics market reached a value of around USD 8.85 billion in 2021 and is estimated to grow at a compound annual growth rate of 10.27% during 2023-2028. This change brought up by the growing food and beverage industry and the increasing prevalence of e-commerce in Latin America is aiding the target industry to gain momentum for inducing higher revenues for key players and topmost companies engaged in the objective sector. Furthermore, the increasing urbanization, fast-paced lifestyle and consumer inclination towards home delivery have further boosted the food logistics industry.
The growing population and behaviour changes in an upcoming generation have introduced digtalisation and coexistingly raised the requisition of ease of access in food ordering, delivery and supply channels. Although, the advent of the Internet of Things has helped companies better manage all aspects of the food supply chain, but the integration of technological advancements in supply chains to achieve better sales and higher revenue generation has supported the key players most in the target industry for marking their share with enhanced launches, marketing strategies and pre-eminent business units indulged in comprehensive R&D.
Key Market Players
The major players in the market are:
• AmeriCold Logistics LLC
• AJC International, Inc
• CJ Logistics Corporation
• Dachser Group SE & Co. KG
• C.H. Robinson Worldwide, Inc.
• Hellmann Worldwide Logistics SE & Co. KG
• Matson, Inc.
• Others
The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.
About Us
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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