The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

1. Introduction: A Growing Market on the Move
   The global perishable goods transportation market is on the brink of significant growth, projected to surge from $12.65 billion in 2022 to an estimated $13.74 billion in 2023, with an anticipated reach of $18.67 billion by 2027. Let’s delve into the key factors steering this expansion.

2. Fueling the Market: The Processed Food Surge

• Processed Food Boom: The rising demand for processed food is a primary driver of the perishable goods transportation market.
• Packaged Freshness: Processed foods, often packaged in boxes, require swift transportation at specific temperatures to maintain their freshness.
• Consumption Trends: In 2020, nearly 36% of Americans consumed ready-to-eat meals, reflecting a global trend. The UK witnessed one in five people consuming prepared meals weekly, with North America’s market share for ready-to-eat food reaching 41.4%.

3. Market Giants: Powerhouses in Motion

• Key Players: Dominant entities in the perishable goods transportation market include Maersk Line Limited, C.H. Robinson, Hapag-Lloyd AG, and others.
• Global Presence: These players offer comprehensive solutions for transporting perishable goods across diverse regions.

4. Innovations in Motion: Technological Advancements

• Tech-Driven Trends: Product innovations play a pivotal role in the perishable goods transportation market.
• Ecos M24 Breakthrough: In September 2022, PBX GmbH introduced the “Ecos M24,” the first market-ready propane solution for transport refrigeration.
• Zero Emissions: The unit, completely electric and hermetic, ensures reliable transportation of perishable goods with zero CO2 emissions.

5. Segmentation Insights: Understanding the Market Layers

• Product Categories: The perishable goods transportation market is segmented based on the nature of goods, including Meat, Fish and Seafood, Dairy and Frozen Desserts, Vegetables and Fruits, and Bakery and Confectionery.
• Technological Divisions: Various technologies, such as Isothermal, Reefer, and Freezer, cater to the diverse needs of transporting perishable goods.
• Modes of Transportation: Sea, Air, Rail, and Road offer flexible options for transporting goods across different terrains and distances.

6. Regional Dynamics: North America Takes the Lead

• North American Dominance: In 2022, North America emerged as the largest region in the perishable goods transportation market.
• Global Hub: The region’s robust infrastructure and consumption patterns contribute to its leadership position.

7. Future Prospects: A Fresh Horizon Beckons
   The perishable goods transportation market is not just about numbers; it’s about delivering freshness to consumers globally. With the surge in processed food demand, innovative technologies, and a robust network of transportation, the market is poised for a fruitful future, ensuring that perishable goods reach their destination with quality intact.

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The Perishable Goods Transportation Global Market Report 2023  provides an overview of the perishable goods transportation market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The perishable goods transportation market forecast analyzes perishable goods transportation market size, perishable goods transportation market share, leading competitor and their market positions.

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