- The key vendors in the global groceries transportation market 2015-2019 are Cargill Inc., Greatwide Logistics Services LLC, McLane Co. Inc., PSS Distribution Services Inc., and US Xpress Enterprises Inc.
London, 26 May 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global groceries transportation market 2015-2019. Many goods that are perishable in nature like seafood, meat, dairy products, and fresh vegetables need to be kept at a specific temperature during transportation. The use of temperature tags by transportation vendors provide temperature details about the products. This method of using temperature tags is a key trend that helps in market growth by enhancing the delivery system. The global groceries transportation market is expected to grow at a CAGR of 5.64% during the period 2014-2019.
One of the recent developments draws attention towards an increase in e-commerce sales owing to the change in consumer lifestyle and online traffic. This increased demand from e-grocery stores is a major driver that is expected to boost market growth of the global groceries transportation market.
“Intermodals use different modes of transportation to move products from one place to another. Vendors in the groceries industry rely more on intermodals for the shipment of fresh produce, frozen goods, and wine,” says Faisal Ghaus, Vice President of Technavio Research.
“The main reasons for the increased use of intermodals are improved efficiency, cost reduction, and environmental impact.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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