According to the report analysis, ‘Global Smart Food Logistics Market 2020-2030 by Component (Hardware, Software, Services), Technology (Fleet Management, Asset Tracking, Cold Chain Monitoring), Food Type, Transportation Mode, Application, and Region: Trend Forecast and Growth Opportunity’ states that the global smart food logistics market is predicted to grow during the review period owing to the effective growth in population, the increasing requirement for the efficient food chain management, the speedy growth in food laws and regulations, convergence of logistics and technology, and the prevalence of e-retail in the food industry.
Berlinger & Co. AG, Controlant, Geotab Inc., Hacobu Co., Ltd. (MOVO), Kii Corporation, Kouei system Ltd., LYNA LOGICS, Inc., Monnit Corporation, Nippon Express Co., Ltd., Orbcomm, Samsara Networks, Inc., Seaos, Semtech Corporation, Sensitech (Carrier Global Corporation), Tech Mahindra Limited, Teletrac Navman, Verizon Connect, Yusen Logistics Co., Ltd. and many more are the key companies which presently working in the global smart food logistics market more actively for keep maintaining the governing position, registering the great value of market share, obtaining the competitive edge, generating the highest percentage of revenue and leading the highest market growth by establishing the several research and development programs, analysing the strategies and policies of government as well as contenders, implementing the policies of profit making and strategies of expansion, spreading the awareness connected to the applications and advantages of smart food logistics, increasing the features and benefits of smart food logistics, delivering the better customer satisfaction, decreasing the associated prices of such, and improving the qualitative and quantitative measures of such.
The market for smart logistics in the food industry has appeared from the assistances of facilitating the ‘Ease of procuring’ to tracking packages in transit. The capability to receive the items fresh with real-time admittance to the movement of food is where smart logistics powered by the internet of things (IoT) is making an enormous difference.
Convergence of logistics and technology, along with the cloud-based collaborative solutions that encompass through the entire supply chain, has allowed a tight integration of warehouse, transport, and end consumer information and transparency through the supply chain; this, in turn, has been recognised as a foremost driver towards the growth of the market studied.
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Speedily changing food habits, heightened requirement for packaged food, and stringent regulations concerning packing and storage have resulted in a power shift from producers to retailers. Processes aiming on zero contamination, precise storage, and high-speed storage and retrieval functions are the foremost reasons propelling automation and the implementation of the technologies in the food and beverage logistics procedure.
North America is one of the protuberant asset tracking markets owing to the robust presence of the manufacturing and transportation, and logistics industries, with countless technological innovations in the region. Also, government initiatives and regulations in several end-user industries are projected to augment the region's market growth. Therefore, it is predicted that during the review period the market of smart food logistics will augment more proficiently over the review duration.
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Global Smart Food Logistics Market Research Report
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