North America FMCG Logistics Market Expected with Huge Growth and Growth Prediction 2020| DHL Group, C.H. Robinson Worldwide Inc., CEVA Logistics, FedEx

By: X herald

The Global North America FMCG Logistics Market Research Report 2020-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The North America FMCG Logistics Market is expected to grow at a CAGR of around 5% during the forecasted period.

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Top leading Companies of Global North America FMCG Logistics Market are: DHL Group, C.H. Robinson Worldwide Inc., Kuehne + Nagel International AG, Agility Logistics, CEVA Logistics, FedEx, XPO Logistics, Nippon Express, DB Schenker, Hellmann Worldwide Logistics and APL Logistics.  and other

Key Market Trends

Growing E-Grocery Sales in United States driving FMCG Logistics

The market size of the Grocery Stores and Supermarkets industry is expected to reach $682 billion in revenue by end of 2020. There are many factors affecting the growth of E-Grocery Sales. The market is expected to grow with the rising millennial population, growing e-commerce market, expansion of business models by major players, integration of voice technology, rising demand for grocery apps, etc. However, the growth of the market is restrained by factors such as escalating storage and delivery cost, lack of personal verifiability of groceries, price fluctuation of grocery items, etc. Currently, in grocery shopping, online channels account for a small proportion of the total grocery market in the US, but expectations are made that the market would gain momentum over the next five years i.e. 2021 to 2025. The US online grocery market is in its nascent stage and market share is dominated by only a few major players such as Walmart, Amazon.com, The Kroger Co, and Costco Wholesale Corporation. Till today, a vast majority of grocery shopping still takes place in traditional brick-and mortar stores. But with new tech-savvy retailers now offering grocery delivery options for their customers in the United States, the market is gathering momentum. In total, U.S. online grocery sales amounted to about 17.5 billion U.S. dollars in 2018 and are expected to rise to nearly 30 billion U.S. dollars by 2021.

Packaged Food Segment Experienced Maximum Growth during Covid-19

With the onset of Covid-19, many sectors of the economy have experienced a setback except for FMCG and Pharmaceutical Sectors. These 2 sectors have experienced an increase in demands as they are a part of essential goods category. With Social Distancing rules, the Retail e-commerce industry has witnessed a surge in their revenues. The Retail e-commerce revenue from food and beverage sales amounted to almost 7.3 billion U.S. dollars in 2019 and has been increasing since. Among all the online food and beverage retailers, the e-commerce giant Amazon had the highest market share, followed by Walmart and Kroger. The use of virtual grocery stores has still a large growth potential as more and more time-strapped consumers are looking for innovative ways to make their lives easier. However, a significant hurdle for online grocers remains freshness as many customers still prefer to see and touch the produce before purchase. To tackle this hurdle, Amazon has introduced Amazon Fresh and Prime Pantry, two online grocery shopping services. Amazons food and beverage sales are projected to rise from approximately 14.5 billion dollars in 2018 to over 23 billion dollars in 2021. In 2020, among all the food & beverages categories, Packaged Foods segment has registered the highest growth percentage followed by are Frozen Foods and Dairy segments. Dollar sales of packaged foods increased by approximately 32 percent (compared to the previous year), followed by frozen foods and dairy, increasing by around 27 and 26 percent respectively. Therefore, currently packaged, frozen foods and dairy segments are the major drivers of FMCG Logistics.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global North America FMCG Logistics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, North America FMCG Logistics Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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