Published On : 29 Aug 2017
The global food and beverage warehousing market could expand at a steady CAGR on the back of the increasing demand for warehouse automation. Food and beverage wholesalers and retailers could counter the main challenges of cost-effectiveness and productivity in the supply chain with the implementation of warehouse automation. The market has been predicted in a report added by QYReseachReports.com to be classified into key segments such as restaurant and food production company according to application. Titled “Global Food and Beverage Warehousing Market Size, Status and Forecast 2022,” the report has also foreseen a classification by type, entailing segments such as beverages, bakery and confectionary, fruits and vegetables, dairy and frozen desserts, and meat, fish, and seafood.
Automation could play a beneficial role in the improvement of the world food and beverage warehousing market as it helps to address the customer demands of managing slow movers, facilitating real-time control, and other customizations. This could be attributed to the desperate need of accuracy and speed when fulfilling orders in the food and beverage sector since most products are perishable. For raising the throughput level in a smaller building footprint to enhance efficiency, automation could be made mandatory. Such advantages offered by food and beverage warehousing have been prognosticated to augur well for the market.
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Innovation could be one of the latest trends receiving a strong impetus in the world food and beverage warehousing market. In order to meet market requirements, food and beverage manufacturers have been forecasted to embrace innovation with regard to packaging and taste. Manufacturers could decrease the level of complication with the implementation of warehouse automation. A number of vendors developing warehouse management software have stepped in with novel products in the offering. Wireless Warehouse In A Box designed by Systems Logic could be a good instance to mention.
The demand for refrigerate warehousing services could be significantly augmented with the rise of the meat, fish, and seafood market for food and beverage warehousing. The telling demand for meat exports in the Middle East countries such as Qatar and Saudi Arabia has been expected to up the growth of meat, fish, and seafood in the world market.
In terms of geography, the international food and beverage warehousing market has been segmented into Southeast Asia, India, China, Japan, the European Union, and the U.S. Out of these, the U.S. could take the driver’s seat of the market while riding on effective private-public partnerships facilitating vendors to draw a massive logistic support. Besides this, the hiked up demand for fruits and vegetables has been envisaged to fortify the growth of the U.S. food and beverage warehousing market.
Players such as John Swire & Sons, Lineage Logistics, and Americold could hold a key position in the worldwide food and beverage warehousing market.
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