Market Size - Beverage Logistics/Delivery Market
The size of the United States beverage logistics market is estimated to be $14.4 billion.
- The beverage logistics market in the United States is valued at $14.4 billion.
- The size of the United States transportation and logistics market in 2018 was $1,640 billion. Therefore, beverage logistics accounts for nearly 1% ($14.4B/ $1,640B) of the total logistics market.
- The food and beverage industry accounts for roughly 5% of the US GDP.
- There are multiple factors driving an increase in beverage logistics costs in the United States: an increase in fuel prices, federal regulation on driver hours, and a tight labor market.
We began by looking through multiple research reports on the United States logistics market; however, most we came across only provided overviews of the market and did not provide any data specific to the beverage market. Industry portals we searched did not contain market size estimates either. While the required statistic is not publicly available, we were able to use other data points to triangulate the market size of the US beverage logistics industry.
Industry Gross Margins
The gross margin of the alcoholic beverages' industry is 46.60%.
The gross margin of the non-alcoholic beverage industry is 56.31%.
Industry Revenue & COGS
The US non-alcoholic drinks market revenue is $342,857 million
Therefore, the COGS of the US non-alcoholic drinks market is $149,794 million ($342,857 million * (100%-56.31%))
The US alcoholic drinks market revenue is $259,148 million
Therefore, the COGS of the US alcoholic drinks market is $138,385 million ($259,148 million * (100%-46.60%))
Therefore, the COGS of the US beverage market is $288,179 million ($149,794 million+$138,385 million).
Freight costs in the food & beverage industry typically account for 5% of the cost of good sold.
Therefore, the freight cost/ logistics cost of the beverage industry in the United States is 14,409 million (5%*$288,179 million)