PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1367705
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1367705
The world of food delivery continues to expand, with e-commerce playing an indispensable role. The COVID-19 pandemic has provided a solid impetus to the food and food delivery businesses, uncovering a wealth of opportunities worldwide. A forthcoming report by Fairfield Market Research on the global food delivery logistic market reveals its growth potential over the next few years. The primary findings suggest promising growth prospects as the food delivery space continues to experience tremendous expansion worldwide.
Millennials, the largest consumer demographic for food delivery companies, are stimulating a range of trends in the food delivery landscape. The shift of consumers towards dining in is expected to uplift the prospects of customized food delivery, contributing significantly to the growth of the food delivery logistic market. Increasing consumer inclination towards convenience is projected to generate revenue opportunities in the form of custom meal kits, prepared/ready-to-eat fresh meals, home food kits for families, and menu kits with fresh raw ingredients. Popular trends such as vegetarianism, veganism, sugar-free, gluten-free, dairy-free, organic, natural, clean label, and paleo diets will also have a considerable influence on market performance.
The escalating adoption of Artificial Intelligence (AI) in food delivery logistics is expected to widen the scope for the growth of the food delivery logistic market. Food providers strive to gain a competitive edge in terms of faster and more efficient delivery through AI-enabled features such as real-time visibility, remote monitoring, and live tracking. Additionally, increasing collaborations between companies and restaurants, hotels, cafes, and home-based food providers are favoring the growth of the food delivery logistic market.
A wide range of food providers has recently been investing significantly in logistical aspects as delivery speed remains a critical factor for success. The rise in restaurant services, exceptional demand for on-demand delivery services, and the increasing number of home-based food providers create opportunities in the market. Moreover, cloud kitchens present highly profitable emerging opportunities on the horizon. Companies are also leveraging available options such as delivery from stores, delivery from robotic warehouses, and curbside pickup. While third-party delivery partners and delivery apps remain at the forefront of last-mile delivery, the food delivery logistic market is also benefiting from the proliferation of delivery models like same day/next day/same hour delivery.
The report will provide strategic and financial profiling of some of the leading companies in the global food delivery logistic market. C.H. Robinson Worldwide, Inc., Amazon, Schneider National, AmeriCold Logistics LLC, Deutsche Bahn (DB) Schenker AG, Allen Lund Company, Roofoods Ltd. (Deliveroo), CaseStack, Hellmann Worldwide Logistics SE & Co. KG, Bender Group, Echo Global Logistics, Inc., A.N. Deringer, Inc., H&M Bay, Odyssey Logistics & Technology Corporation, Henningsen Cold Storage, Evans Distribution Systems, Inc., and Matson Logistics are among the major key companies that will be subject to profiling.
The global food delivery logistic market is poised for promising growth as the food delivery landscape expands and evolves, driven by evolving F&B trends and deepening technology penetration.