The global perishable goods sea transportation market to grow at a CAGR of 8.16% during the period 2017-2021.
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. To calculate the market size, the report considers the revenue generated by different vendors by containership services offered to customers for perishable goods transport.
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.
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.
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.