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Food Logistics Global Market Report 2023: Sector to Reach $167.1 Billion by 2028 at a CAGR of 7.88%

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Dublin, March 14, 2023 (GLOBE NEWSWIRE) — The “Food Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.

The global food logistics market size reached US$ 106.0 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 167.1 Billion by 2028, exhibiting a CAGR of 7.88% during 2022-2028.

Companies Mentioned

  • AmeriCold Logistics LLC
  • Deutsche Bahn (DB) Schenker AG
  • C.H. Robinson Worldwide Inc.
  • Schneider National
  • CaseStack
  • A.N. Deringer Inc.
  • Echo Global Logistics Inc.
  • Evans Distribution Systems Inc.
  • Hellmann Worldwide Logistics SE & Co. KG
  • Matson Logistics
  • Odyssey Logistics & Technology Corporation

Food logistics involves planning, implementing, and controlling the movement of different food products and beverages within a supply chain. It comprises inbound and outbound transportation, warehousing, fleet management, material handling, order fulfilment, inventory management, and demand planning.

It assists in ensuring that the food products are stored at optimum temperatures to maintain their freshness and quality. It also helps create additional value, improve efficiency, reduce costs, and cater to the consumer experience. As several restaurants, cafes, and hotels are relying on food delivery apps to deliver quick meals, there is a rise in the need for food logistics worldwide.

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There is an increase in the awareness among individuals about the benefits of ordering food products through online portals, which offer easy availability, convenience, and wide product catalogs. This, in confluence with the thriving e-commerce industry, represents one of the major factors positively influencing the demand for food logistics.

In addition, rapid urbanization, busy lifestyles, considerable reliance on smartphones, rising penetration of the high-speed internet and expanding purchasing power of individuals are contributing to the market growth. Furthermore, the growing preference for ordering fresh and high-quality food products and shifting consumer inclination towards a hassle-free shopping experience is creating a positive outlook for the market.

Besides this, the escalating demand for robotic solutions among food product manufacturers and retailers to perform repetitive production tasks, manage inventory, automated packaging, and monitor deliveries are fueling the market growth.

Apart from this, key players are offering food logistics monitoring systems integrated with advanced technologies, such as artificial intelligence (AI), augmented reality (AR), blockchain, and the internet of things (IoT). These systems provide real-time information and predictive alerts of warehouse management, transportation, and delivery, which is offering lucrative growth opportunities to industry players.

Key Questions Answered in This Report
1. What was the size of the global food logistics market in 2022?
2. What is the expected growth rate of the global food logistics market during 2023-2028?
3. What are the key factors driving the global food logistics market?
4. What has been the impact of COVID-19 on the global food logistics market?
5. What is the breakup of the global food logistics market based on the transportation mode?
6. What is the breakup of the global food logistics market based on the product type?
7. What is the breakup of the global food logistics market based on the service type?
8. What is the breakup of the global food logistics market based on the segment?
9. What are the key regions in the global food logistics market?
10. Who are the key companies/players in the global food logistics market?

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Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

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5 Global Food Logistics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Margin Analysis
5.5 Market Breakup by Transportation Mode
5.6 Market Breakup by Service Type
5.7 Market Breakup by Segment
5.8 Market Breakup by Product Type
5.9 Market Breakup by Region
5.10 Market Forecast
5.11 SWOT Analysis
5.12 Value Chain Analysis
5.13 Porters Five Forces Analysis

6 Market Breakup by Transportation Mode
6.1 Roadways
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Railways
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Seaways
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Airways
6.4.1 Market Trends
6.4.2 Market Forecast

7 Market Breakup by Product Type
7.1 Fish, Shellfish, and Meat
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Vegetables, Fruits, and Nuts
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Cereals, Bakery and Dairy Products
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Coffee, Tea, and Vegetable Oil
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast

8 Market Breakup by Region

9 Market Breakup by Service Type
9.1 Cold Chain
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Non-Cold Chain
9.2.1 Market Trends
9.2.2 Market Forecast

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10 Market Breakup by Segment
10.1 Transportation
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Packaging
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Instrumentation
10.3.1 Market Trends
10.3.2 Market Forecast

11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/1c09ep

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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Artificial Intelligence

Kazakhstan Government Delegation Visited SUPCON

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HANGZHOU, China, Sept. 29, 2024 /PRNewswire/ — On September 26, a delegation from the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan, led by Minister Madiyev Zhaslan, visited SUPCON. SUPCON’s Chairman and President, Mr.Cui Shan, warmly welcomed the delegation.

The Kazakhstan government representatives expressed their appreciation and recognition of SUPCON’s expertise and innovation in intelligent manufacturing, digital transformation, and industrial AI.
Madiyev Zhaslan expressed a strong interest in industrial AI technologies of SUPCON, particularly their applications in intelligent and low-carbon facilities. He looks forward to exploring extensive collaboration with SUPCON across various sectors in Kazakhstan.
Cui Shan emphasized that as a leading industrial AI company with a global presence, SUPCON will leverage its technological advantages to meet Kazakhstan’s industry development requirements and trends, injecting new momentum into the country’s industrial digitalization.
In 2023, SUPCON established a subsidiary in Kazakhstan as its Central Asia regional headquarters and set up a localized operational system. SUPCON will continue to invest in the long-term development of the Central Asia region, contributing further wisdom and strength to the industrial digital transformation in Kazakhstan and beyond.
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Huawei Peer-Recognized as a 2024 Gartner® Peer Insights™ Customers’ Choice for Enterprise Wired and Wireless LAN Infrastructure

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SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — On September 24, 2024, Huawei announced that it has been peer-recognized a 2024 Gartner® Peer Insights™ Customers’ Choice in the Voice of the Customer for Enterprise Wired and Wireless LAN Infrastructure thanks to its Xinghe Intelligent Campus offerings. This marks the fifth year in a row that Huawei has received this distinction. Notably, Huawei receives Customers’ Choice distinctions in four of the six customer segments: Midsize Enterprise (50M – 1B USD); Public Sector, Government and Education; Asia/Pacific; and Europe, the Middle East and Africa.

As of June 30, 2024, customers across diverse sectors — including manufacturing, IT services, education, and telecommunication — have reviewed Huawei’s complete Xinghe Intelligent Campus offerings on the Gartner Peer Insights platform. We believe their impressive feedback showed global recognition of Huawei from the industry influence, deployment scales, and mature commercial use perspectives.
“We’re thrilled to be named a Gartner® Peer Insights™ Customers’ Choice for Enterprise Wired and Wireless LAN Infrastructure again,” said Shawn Zhao, President of Huawei’s Campus Network Domain. “Recently, Huawei launched the newly upgraded Xinghe Intelligent Campus that takes wireless, application, and O&M experience to new levels with AI technologies, ultimately accelerating the digital transformation of enterprises.”
Looking ahead, Huawei will further innovate Xinghe Intelligent Campus offerings from wireless, application, and O&M experience upgrade perspectives, helping all industries stride to the future of experience-centric intelligent campus networks.
For more about Gartner® Peer Insights™ Customers’ Choice, visit: https://www.gartner.com/reviews/market/enterprise-wired-wireless-lan-access-infrastructure 
Disclaimer:
Gartner, Voice of the Customer for Enterprise Wired and Wireless LAN Infrastructure, Peer Contributors, 12 September 2024
Gartner, Peer Insights, Magic Quadrant and Customers’ Choice badge are trademarks of Gartner, Inc. and/or its affiliates. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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Huawei Wen Tong: 6G Needs to Embrace AI for Shaping Future Network

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SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — At the 6G Conference held in Istanbul, on September 24, 2024, Dr. Wen Tong, Huawei Wireless CTO, delivered a keynote speech on 6G standardization and innovation. With the release of the ITU-R 6G vision framework, the 3GPP will start 6G standardization in 2025. “6G is a new generation of mobile technology, not a simple upgrade of 5G, it should bring new value to users,” said Dr. Tong, “6G is a true intergenerational technological disruption. 6G standard, key technologies, and network architecture should be re-defined based on application scenarios and requirements from 2030 to 2040. 6G should not be another way to implement 5G. Instead, 6G should embrace the AI revolution with a quantum leap and generate new values for the consumers. In this way, 3GPP standards can truly realize the 6G vision and create greater value for the entire industry.”

Centered “6G Standardization Direction” and “6G Innovation Driving Force”, Dr. Tong shared important views on the future architecture, terminal development, and key technologies of 6G.
In terms of architecture design, 6G should go beyond Service-Based Architecture and move towards Application-Driven Network.
5G has already achieved market success and continues to evolve towards 5G-Advanced. 6G will not simply reuse 5G network architecture, without generational and fundamental innovations, which will limit the mobile industry’s aspiration and imagination to dive the innovation in the 6G era. 6G must have obvious cross-generational characteristics and technical breakpoint.
On the core side, reusing the 5G core network will hinder the innovation in AI. We should use Agentic-AI based technology to re-architect 6G Core that goes beyond 5G Service-Based Architecture and support the foundational capabilities of AI, Sensing and NTN , and thus evolve towards the Application Driven Network .
In terms of terminal evolution, 6G user device calls for a breakthrough to lead the success of the entire industry chain.
It is the law of the mobile industry to drive the evolution of the market with the pioneering technology. The 6G networks and 6G terminals must meet the requirements of consumers and vertical industries in the 6G market phase from 2030 to 2040.
Currently, smartphones are evolving to AI terminals to usher in the mobile AI era. In post-MBB era, breakthroughs in terminal technologies will be the key to the evolution of the mobile industry. Therefore, 6G user device calls for a breakthrough towards “Full-AI”, thus to drive 6G network upgrade and the success of the entire industry ecosystem.
In terms of technology development, AI will become a key enabler for 6G with network paradigm shifting.
Twenty years ago, the Internet was the enabler of the technology innovations. Mobile communications embraced the Internet and achieved great business success. Today, AI maybe the disruptive enabler of the latest technology innovations.
6G should embrace the AI revolution with a quantum leap. However, 6G networks should not be limited to generative AI, Artificial General Intelligence (AGI) and Embodiment-AI are the main directions of future AI development. Therefore, AGI should run through the whole process of sensing, reasoning, decision, and action of terminals, wireless networks, and core networks of 6G, to welcome the arrival of a new network paradigm.
At the end, Dr. Tong Wen emphasized the relationship between 5G and 6G: “The global 5G deployment is on the rise and evolving to 5G-Advanced, which not only meets the current requirements of operators, but also protects their investment. Therefore, 6G technologies should not overlap with 5G in technologies and market space. The specifications, technologies, and architecture of 6G must be based on the scenarios and requirements from 2030 to 2040. We should focus on true generational technology disruption, embrace the new opportunities brought by AI, expand the mobile industry in the next generation.”
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