Rising demand for processed food and growing end-user segments are boosting the US Perishable Goods Transportation Market |Forecast for 2023-2027|Technavio
The US Perishable Goods Transportation Market is likely to experience steady growth because of Rising demand for processed food and growing end-user segments. Rising at a CAGR of 8%, the market is estimated to have an incremental growth of USD 1873.75 Mn from 2023 to 2027.
Some of the leading companies of the leading companies that are contributing significantly to this market advancement are 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, etc. Our report includes the categorization of the core companies as pure play, category-focused, industry-focused, and diversified with a wider understanding of the business ecosystem.
US Perishable Goods Transportation Market Analysis
As per a Technavio analyst: “Quote” reason is expected to boost the growth of the perishable goods transportation market in us
Food safety issues and Increasing awareness about food wastage are expected to hinder the growth of the market. However, the expansion of cold storage facilities and Technological advances in freight management will have a positive impact on the US Perishable Goods Transportation Market during the forecast period.
Technavio’s analysis of the US Perishable Goods Transportation Market also includes:
