PUBLISHER: IMARC | PRODUCT CODE: 1642732
PUBLISHER: IMARC | PRODUCT CODE: 1642732
The global perishable goods transportation market size reached USD 20.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 32.0 Billion by 2033, exhibiting a growth rate (CAGR) of 5.3% during 2025-2033. The rising demand for processed food, increasing adoption of natural and plant-based diets, and the incorporation of the Internet of Things (IoT) technology represent some of the key factors driving the market.
Perishable goods transportation refers to services that facilitate the movement of temperature and moisture-sensitive products from one place to another. It includes the transport of fruits, vegetables, meats, poultry, seafood, dairy products, bakery goods, flowers, and pharmaceuticals. Some of the commonly used modes of transportation involve refrigerated trucks, reefer containers, air cargo, and sea freights. Perishable goods transportation is widely utilized to maintain product quality, ensure safety, extend shelf-life, and prevent spoilage, damage, degradation, and foodborne illnesses. It is a cost-effective and highly efficient service that aids in reducing wastages, meeting consumer demands, and facilitating long-distance trade of perishable products. It also increases access to fresh goods, enhances customer satisfaction, increases profit, and promotes economic growth.
The rising demand for processed food across the globe is one of the primary factors driving the market growth. Perishable goods transportation is widely used to transport and maintain the temperature, humidity, and other environmental conditions of various processed food, such as ready-to-eat (RTE) meals, seafood, dairy products, frozen meat, poultry, canned vegetables, and breakfast cereals, which prevents spoilage, preserve quality and extend product shelf-life. Furthermore, the increasing adoption of natural and plant-based diets, including fresh fruits and vegetables, berries, tomatoes, avocados, oranges, apples, pears, lettuce, and other leafy greens, is propelling the market growth. Additionally, the adoption of electric vehicles (EVs) that are eco-friendly, cost-effective, reduce carbon footprint, and promote green transportation is positively influencing the market growth. Besides this, the incorporation of the Internet of Things (IoT) technology to track the location, humidity, and temperature of perishable goods in real-time, which allows suppliers to monitor product quality throughout the supply chain, is providing an impetus to the market growth. Moreover, the implementation of various government initiatives to ensure food safety and promote the development of cold-chain infrastructure is favoring the market growth. Other factors, including significant growth in the e-commerce industry, increasing expenditure capacities of consumers, the rapid expansion of international trades, and the incorporation of advanced technologies, such as blockchain, autonomous vehicles, and drones, are anticipated to drive the market growth.
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