Comprehensive Report on Global Food and Beverage Warehousing Market by Knowledge Sourcing Intelligence

INTRODUCTION
Global food and beverage warehousing market is projected to witness the growth at a CAGR of 10.19% during the forecast period to reach a total market size of US$191.039 billion by 2022, increasing from US$117.607 billion in 2017. The growing need for real-time control owing to rising F&B trading across the world and growing consumers demand natural food is driving the F&B warehousing market growth. 
Moreover, the need for refrigeration in the F&B sector owing to the perishable nature of products further propels the market growth. The increasing demand for dairy products and meat consumption owing to increasing population base coupled with rising disposable income is also complementing the demand for efficient storage and warehousing facilities. Market Research is done by the knowledge sourcing industry due to the huge scope with the respective industry.
global food and beverage warehousing market
Sample view of global food and beverage warehousing market share

BARGAINING POWER OF SUPPLIERS 
The global F&B warehousing market is highly competitive with many small and large scale providers but the major players dominate the market owing to their ability to provide innovative customization services. The key provider includes Americold, John Swire & Sons, Lineage Logistics and Preferred Freezer Services among others. However, low switching costs and concentrated customer base decrease the bargaining power of suppliers. The companies are highly engaging themselves in mergers and acquisitions to improve their market position which, in turn, enhances the position of suppliers in the market. For instance, in July 2017, Lineage Logistics acquired Partner Logistics to become the global leader in automated cold storage warehousing. 

GLOBAL FOOD AND BEVERAGE WAREHOUSING MARKET BY GEOGRAPHY
Geographically, the global food and beverage warehousing market are segmented as Americas, Europe The Middle East and Africa, and the Asia Pacific. The Americas accounted for the largest market share in 2016 due to the already developed processed food and beverage industry in the region. 

global food and beverage warehousing market
Sample view of global food and beverage warehousing market share

APAC is projected to witness the fastest regional market growth during the forecast period. China, being one of the major importers of milk, will drive the demand for warehousing for dairy products in the country. Moreover, the emerging trend of online grocery shopping and an increasing number of small retail chains in countries like India and South Korea is fuelling the need for smaller batch and order sizes, leading to positive growth of the food and beverage warehousing market in the region. Expansion of the world’s leading bakery and frozen yogurt manufacturers in various European countries will exponentially bolster the growth of the food and beverage warehousing market in the region. International bakery and confectionery business Fazer Group have recently announced the expansion of operations with a new factory in Russia and the acquisition of an artisanal bakery in Finland.   

AMERICAS
Americas market for food and beverage warehousing is projected to grow from US$XX.X billion in 2016 to US$XXX billion in 2022 at a CAGR of XX% during the forecast period. The market is further segmented as North America and South America, with the latter growing at a higher CAGR over the forecast period. The rapid growth of online sales in the U.S. is pushing up demand, prices, and warehouses are needed to get goods delivered to consumers faster. Many foods and beverage food companies have started to offer their products through e-commerce. FreshDirect is one of the largest companies to succeed in this area, delivering fresh, high-quality food from farm to the customer’s doorstep on-time profitably. Rapid industrialization and a large workforce is driving the demand for processed food and beverage products in South American countries like Brazil and Argentina. People are becoming health-conscious and are demanding fresh fruits and vegetables, yogurts, and frozen desserts which will need manufacturers, cold storage providers, and 3PL to invest in the construction on new warehouses and make the existing ones more efficient to meet the needs of their customers in the region.  

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