Global Perishable Goods Sea Transportation Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global perishable goods sea transportation market is anticipated to grow at a significant CAGR of 6.8% during the forecast period (2022-2028). The global perishable goods sea transportation market is growing due to the increasing consumption of ready-to-eat food globally. The market is also growing due to the rapid urbanization as well as the increasing disposable income. The rise in disposable income has led to the increase in consumer spending on frozen food products which is also boosting the growth of the global perishable goods sea transportation market. The increasing awareness among the individual about the health benefits of fruits and vegetables is also boosting the market growth. Additionally, advancement in technology provides faster processing as well as the timely delivery of the goods within the maintained accurate temperature and hygiene.

The Asia Pacific region is anticipated to hold a prominent share in the global perishable goods sea transportation market. This is due to the rise in consumer demand for chilled and frozen foods in this region and the rising consumer income in developing countries, such as China and India.

The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new launches, to stay competitive in the market. For instance-

• In March 2022, AD Ports Group signeda Memorandum of Understand with the Kuwait General Administration of Customs to establish a new virtual trade corridor between the UAE and Kuwait.
• In October 2020, Carrier Global Corp. and Amazon Web Services, Inc. announced a multi-year agreement to co-develop Carrier’s new Lynx digital platform. This suite of tools will provide Carrier customers around the globe with enhanced visibility, increased connectivity, and actionable intelligence across their cold chain operations to improve outcomes for temperature-sensitive cargo.
• In July 2019, A.P. Moller – Maerskopens new possibilities in the shipping of perishable goods after completing its first successful shipment of mangoes from Nhava Sheva in Mumbai, to Felixstowe, London.

 Market Coverage

• The market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Swift Transportation Co., Comcar Industries, Inc., Bay & Bay Transportation, “K”LINE LOGISTICS, LTD. and MAESTRO, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Perishable Goods Sea Transportation Market Report by Segment

By Type

• Meat
• Seafood
• Dairy &Frozen Desserts
• Vegetables &Fruits
• Bakery &Confectionery