February 2025
The global perishable goods transportation market size is calculated at USD 5.77 billion in 2025 and is forecasted to reach around USD 12.06 billion by 2034, accelerating at a CAGR of 8.53% from 2025 to 2034. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
The global perishable goods transportation market size accounted for USD 5.32 billion in 2024 and is predicted to increase from USD 5.77 billion in 2025 to approximately USD 12.06 billion by 2034, expanding at a CAGR of 8.53% from 2025 to 2034. The raised demand for fresh and perishable products is the key factor driving market growth. Innovations in cold chain logistics technology, coupled with the surge in online food delivery, can fuel market growth further.
Artificial Intelligence provides a powerful facility for perishable transportation to optimize operations, reduce losses, and improve overall efficiency by streamlining routes and forecasting demand to monitoring temperature to ensure grade control. Furthermore, AI is transforming how perishable goods are shipped and managed. Algorithms can also process historical sales data, weather patterns, seasonality, and social media trends to create precise demand forecasts.
Perishable goods transportation is the service that implies the movement of moisture and temperature-sensitive products from one location to another. It involves the transport of vegetables, fruits, meats, dairy products, seafood, pharmaceuticals, and bakery goods. The most commonly utilized modes of transportation include reefer containers, refrigerated trucks, sea freight, and air cargo. The perishable goods transportation market services are widely used to ensure safety, maintain product quality, and extend shelf life.
Report Coverage | Details |
Market Size by 2034 | USD 12.06 Billion |
Market Size in 2025 | USD 5.77 Billion |
Market Size in 2024 | USD 5.32 Billion |
Market Growth Rate from 2025 to 2034 | CAGR of 8.53% |
Dominated Region | North America |
Fastest Growing Market | Asia Pacific |
Base Year | 2024 |
Forecast Period | 2025 to 2034 |
Segments Covered | Type, Mode of Transportation, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
The expansion of the e-commerce industry
The surge of e-commerce grocery platforms has substantially raised the demand for the perishable goods transportation market. Consumers are increasingly preferring fresher and faster deliveries, facilitating logistics companies and retailers to invest heavily in temperature-controlled transportation. In addition, the popularity of frozen food subscriptions, meal-kit services, and fast commerce grocery models has boosted the adoption of efficient cold chain logistics.
Short shelf life
The short shelf life of perishable goods is the major factor hindering the perishable goods transportation market expansion. Perishable goods have limited shelf life, requiring timely and efficient logistics processes to make sure they reach customers in good condition. Moreover, minor delays in delivery can substantially affect the shelf life of perishable goods, which can lead to financial losses and spoilage.
Increasing adoption of eco-friendly vehicles
The market is increasingly using eco-friendly vehicles, fueled by the need for eco-friendly practices and environmental concerns. Hence, fuel-efficient options such as electric vehicles are gaining traction. Furthermore, the adoption of EVs includes refrigerated trucks, which are gaining popularity as they provide zero-emission transportation and minimize carbon footprints. Major players are also heavily investing in fuel-convenient vehicles to reduce environmental impact.
The MPS segment held the largest perishable goods transportation market share in 2024. The dominance of the segment can be attributed to its capability to offer streamline and more detailed logistics solutions. This factor ensures smooth cold chain operations and optimized overall efficiency. In addition, the increasing need for processed and fresh foods, the globalization of trade, and technological innovations in cold chain logistics will impact positive segment growth soon. Consumers are increasingly preferring fresher and healthier food options such as meat, poultry, and seafood.
The dairy and frozen desserts segment is expected to grow at the fastest rate over the forecast period. The growth of the segment can be credited to the innovations in cold chain technology, globalization, and rising demand for this product across the globe, which leads to efficient and safe transportation. Additionally, the need for thermal-controlled storage and transportation of dairy and frozen desserts has also impacted the segment's growth positively. Urbanization and globalization have facilitated the demand for frozen and fresh products, such as frozen desserts and dairy, which require reliable and efficient transportation solutions.
The road transportation segment dominated the perishable goods transportation market in 2024 by holding the largest share. The dominance of the segment can be linked to the cost-effectiveness, flexibility, and wide reach of this mode of transportation into various geographical areas. Moreover, unlike sea or air transport, roadways provide last-mile connectivity, which makes them convenient for short to medium-distance transportation. Also, the enhanced highway networks ensure sophisticated temperature-controlled logistics.
The air transportation segment is anticipated to grow at the fastest rate during the projected period. The growth of the segment can be driven by a surge in global food trade along with the consumer demand for processed and fresh foods. Furthermore, consumers are prioritizing healthy dietary habits, which leads to a greater demand for natural and fresh foods, which are generally transported via air.
North America dominated the perishable goods transportation market in 2024. The dominance of the region can be attributed to the increasing demand for perishable and fresh products coupled with the wide agricultural production in the region. Moreover, strict food safety regulations by the USDA and FDA necessitate the strict management of perishable goods, boosting funding for refrigerated transport solutions.
U.S. Market Trends
In North America, the U.S. led the perishable goods transportation market. Owing to the rising integration of Internet of Things (IoT) technology, the country is improving temperature monitoring, real-time tracking, and predictive analytics. Also, raised consumer awareness regarding the green perishable goods transportation can propel market growth soon.
Asia Pacific is expected to grow at the fastest rate in the perishable goods transportation market over the forecast period. The growth of the region can be credited to the increasing urbanization and growing population, coupled with the rise in the middle class in developing countries such as China and India. Furthermore, the growth of urban food delivery services propels regional market expansion.
China Market Trends
In Asia Pacific, China led the market. The dominance of the country is due to the growth of the e-commerce industry, especially for fresh food, which is creating lucrative demand for more reliable and efficient cold chain logistics. Advancements in temperature-controlled warehousing, refrigerated transportation, and real-time monitoring systems are enhancing quality and efficiency.
By Type
By Mode of Transportation
By Geography
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