MarketResearchNest.com adds “Global Perishable Goods Sea Transportation Market 2017-2021” new report to its research database. The report spread across 74 pages with table and figures in it.
Research analysts forecast the global perishable goods sea transportation market to grow at a CAGR of 8.16% during the period 2017-2021.
About Perishable Goods Sea Transportation
Perishable goods have a limited shelf life due to their chemical and biological properties. These products can be easily affected by changing environmental conditions like temperature, thereby requiring proper planned methods for storage. Failure to maintain essential temperature levels will cause degradation and wastage of the products. The two main categories of perishable goods are — food and pharmaceuticals. The perishable food includes products such as fish, meat, dairy products, vegetables, and fruits.
Covered in this report
The report covers the present scenario and the growth prospects of the global perishable goods sea transportation market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors by containership services offered to customers for perishable goods transport.
Browse full table of contents and data tables at https://www.marketresearchnest.com/global-perishable-goods-sea-transportation-market-2017-2021.html
The market is divided into the following segments based on geography:
Technavio’s report, Global Perishable Goods Sea Transportation Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Perishable Goods Sea Transportation Market 2017-2021
Technavio recognizes the following companies as the key players in the global perishable goods sea transportation market: C.H. Robinson, CMA CGM, KUEHNE + NAGEL, Maersk Line, and MSC (Mediterranean Shipping Company).
Other Prominent Vendors in the market are: Seatrade, DB Schenker, DHL, Panalpina World Transport, DSV Global Transport and Logistics, Hapag-Lloyd, Orient Overseas Container Line, and Mitsui O.S.K Lines.
Commenting on the report, an analyst from Research team said: “One trend in the market is sustainable transport methods. With the growing concern of ozone layer depletion and the greenhouse effect, all industries have taken initiatives to practice sustainable techniques. The main issue regarding sea freight is the emission of harmful gases like CO₂, sulfur, and black carbon. The ocean freight companies have started understanding the need to have sustainable carbon targets.”
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According to the report, one driver in the market is rising demand for processed food. Over the years there has been a significant growth in the demand for processed food because of changing consumer behavior and trends. People are more health conscious nowadays and prefer food products that are easy and convenient to use. The global population is growing at a rate of about 1.1% as of 2016 when compared with 2015. The trends are mainly visible in the urban population segment that constitutes around 55% of the total population as of 2016.The processed food mainly includes breakfast cereals, dairy products, meat, poultry, and vegetables.
Further, the report states that one challenge in the market is food safety issues. Perishable goods are highly sensitive to damage and spoilage. The products must be handled with care when transporting. Failure at any point of operation can result in food safety issues. The perishable food items to be transported have to be cooled before transferring to the reefers. Direct transfer without cooling will affect the quality of the product. Also, the reefers have to be maintained and sanitized before shipment, to achieve hygienic conditions. The functioning of the reefers should be constantly monitored to avoid failure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;
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Mr. Jeet Jain