Groceries Transportation Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Groceries Transportation Market?
The surge in online grocery shopping is anticipated to fuel the rise of the grocery transportation market in the future. The term online grocery shopping signifies the purchase of groceries and everyday necessities via digital platforms, which then get delivered to the customer’s doorstep. Factors like convenience, 24/7 availability, doorstep delivery, and access to an array of products contribute to the escalating trend of online grocery shopping. Reliable and timely delivery, maintaining the freshness of the products, and meeting customer expectations are the prime responsibilities of groceries transportation services. For example, as per a report by the United States Census Bureau, a professional governmental organization based in the US, the total e-commerce sales in 2023 stood around $1,118.7 billion. This was a commendable 7.6% rise from 2022, contributing to 15.4% of total sales compared to the preceding year’s 14.7%. Consequently, the surge in online grocery shopping is expected to be a major catalyst for the grocery transportation market’s growth.
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#What is the Anticipated CAGR of theGroceries Transportation Market, and What Factors Will Drive It?
Over recent years, there has been significant growth in the size of the groceries transportation market. The market, valued at $60.5 billion in 2024, is projected to further increase to $64.99 billion in 2025, representing a compound annual growth rate (CAGR) of 7.4%. This growth during the historic period can be attributed to several factors, including the surge in online grocery shopping, expansion of urban localities, regulatory modifications, consumer preference for fresh produce, and the development of retail chains.
The market size for the transportation of groceries is predicted to observe a significant hike in the upcoming years, escalating to a worth of $85.74 billion in 2029 with a 7.2% compound annual growth rate (CAGR). This expected enhancement during the forecast period is due to factors such as the widespread growth of e-commerce, sustainability efforts, evolution of international supply chains, shifting consumer tastes, and the rise of eco-friendly transportation methods. Key trends to look out for during this period encompass logistics powered by AI, the increased use of advanced analytics, incorporation of blockchain technology, progress in cold chain technology, and the development of autonomous vehicles.
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What Are the Most Significant Market Trends Transforming theGroceries Transportation Market?
Key players in the grocery transportation market are prioritizing the incorporation of Artificial Intelligence (AI)-enabled logistics strategies such as route optimization to heighten customer satisfaction and increase the overall efficiency of their supply chains. Route optimization technology is an advanced system that employs machine learning (ML) techniques to proficiently streamline transportation routes and timetables. For instance, in March 2024, US retail company, Walmart Inc. which operates a network of hypermarkets, discount department stores, and grocery stores, unveiled Element, an AI-backed software solution targeted at enhancing the scheduling and optimization of truck delivery routes for products to its stores. This AI-empowered tech is projected to massively improve operational efficiency and augment customer experiences for Walmart’s associates. The pricing model of the software is structured to be adaptable, pertaining to usage size and frequency, effectively tackling the challenges associated with the large-scale implementation of AI models. It also offers advantages like liberation from vendor restrictions, cost-efficiencies, and upgraded reliability, thereby simplifying the adoption of AI and ML strategies for businesses.
What Are the Top Market Players Propelling the Growth of theGroceries Transportation Industry?
Major companies operating in the groceries transportation market are Cargill Incorporated, A.P. Møller – Maersk A/S, SYSCO Corporation, Performance Food Group Company, DB Schenker, Kuehne + Nagel International AG, C.H. Robinson Worldwide Inc., Gordon Food Service Inc., J.B. Hunt Transport Inc., Ryder System Inc., SpartanNash Company, XPO Logistics Inc., Lineage Logistics Holdings LLC, Total Quality Logistics LLC, McLane Company Inc., Hellmann Worldwide Logistics GmbH & Co. KG, NFI Industries, Werner Enterprises Inc., Americold Realty Trust, US Xpress Inc., Lynden Incorporated, Greatwide Logistics Services, Trinity Logistics Inc., H&M Bay Inc., PSS Distribution Services, Domenico Transportation Co.
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Which Primary Segments of the Groceries Transportation Market Are Driving Growth and Industry Transformations?
The groceries transportation market covered in this report is segmented –
1) By Product Type: Vegetables And Fruits, Dairy Products, Meat And Seafood, Other Product Types
2) By Transportation Mode: Roadways, Railways, Seaways, Airways
3) By Application: Retail, Food And Beverage, Consumer Goods, Other Applications
Subsegments
1) By Vegetables and Fruits: Fresh Vegetables, Fresh Fruits, Frozen Fruits and Vegetables
2) By Dairy Products: Milk, Cheese, Yogurt, Butter
3) By Meat and Seafood: Fresh Meat, Processed Meat, Fresh Seafood, Frozen Seafood
4) By Other Product Types: Baked Goods, Packaged Foods, Beverages
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Groceries Transportation Market?# Market?
North America was the largest region in the groceries transportation market in 2024. The regions covered in the groceries transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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