Share This Post

Business Wire

Analysis on Impact of COVID-19 – Food and Beverage Warehousing Market 2020-2024 | Evolving Opportunities with Americold Realty Trust and Agility Public Warehousing Company KSCP | Technavio

LONDON–(BUSINESS WIRE)–#FoodandBeverageWarehousingMarket–The global food and beverage warehousing market is expected to grow by USD 145.03 billion as per Technavio. This marks a significant market growth compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. Healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 12%.


Request challenges and opportunities that influence COVID-19 pandemic – Request Free Sample Report on COVID-19 Impacts

Read the 120-page report with TOC on “Food and Beverage Warehousing Market Analysis Report by Application (Meat, fish, and seafood, Dairy and frozen desserts, Bakery, confectionery, and beverages, Fruits and vegetables, and Others), Geography (North America, Europe, APAC, South America, and MEA), and the Segment Forecasts, 2020-2024”.

https://www.technavio.com/report/food-and-beverage-warehousing-market-industry-analysis

The market is driven by the demand for warehouse automation. In addition, the increased demand from large retail stores, small stores, e-commerce, and home delivery is anticipated to boost the growth of the food and beverage warehousing market.

Most of the products in the food and beverage industry are perishable and hence, retailers expect minimum time to restock their shelves with products. Also, some F&B products have seasonal sales, which requires additional labor. With the growing demands of customers, the need for improving speed and accuracy has become crucial in the supply chain. Hence, retailers and wholesalers in the F&B sector adopting automation technologies such as warehouse management system software, warehouse control system software, and automated storage and retrieval system (ASRS) in their warehouse facilities. This is helping them reduce transportation costs and manage orders by consolidating various orders from the same retailer or wholesaler. These factors are contributing to the growth of the global food and beverage warehousing market.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Food and Beverage Warehousing Companies:

Americold Realty Trust

Americold Realty Trust operates its business through segments such as Warehouse, Third-Party Managed, and Transportation. The company offers temperature-controlled warehouse storage and related handling and other warehouse services.

Agility Public Warehousing Company KSCP

Agility Public Warehousing Company KSCP operates its business through segments such as Logistics and related services and Infrastructure. The company offers warehouse storage and related handling and other warehouse services for food products.

AGRO Merchants Group

AGRO Merchants Group operates its business through segments such as Storage & Logistics, Value added services, Commodity Expertise, and Fresh & Frozen. This company offers cold storage solutions equipped with various types of infrastructure, including mobile racking for food and beverage.

Amazon.com Inc.

Amazon.com Inc. operates its business through segments such as North America, International, and Amazon Web Services. The company offers warehouse storage and related handling and other warehouse services for food products.

John Swire & Sons Ltd.

John Swire & Sons Ltd. operates its business through segments such as Property, Aviation, Beverages & Food Chain, Marine Services, and Trading & Industrial. The company offers premier public refrigerated warehousing and related logistics services around the world.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Food and Beverage Warehousing Market Application Outlook (Revenue, USD Billion, 2020-2024)

  • Meat, fish, and seafood
  • Dairy and frozen desserts
  • Bakery, confectionery, and beverages
  • Fruits and vegetables
  • Others

Food and Beverage Warehousing Market Geography Outlook (Revenue, USD Billion, 2020-2024)

  • North America
  • Europe
  • APAC
  • South America
  • MEA

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Request a free sample report

Related Reports on Industrials Include:

Global Warehouse Racking Market – Global warehouse racking market by end-user (automotive industry, food and beverage industry, retail industry, and other industries) and geography (APAC, Europe, North America, South America, and MEA).

Global Automatic Palletizer and Depalletizer Market – Global automatic palletizer and depalletizer market by type (automatic palletizer and automatic depalletizer), end-user (food and beverage industry, consumer durables industry, pharmaceutical and personal care industry, chemicals industry, and other industries), and geography (APAC, Europe, MEA, North America, and South America).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com
Website: www.technavio.com/

Share This Post