Global Agriculture Supply Chain Management Market Size By Type (Online and Offline), By Application(Food Processing Companies, Wholesalers and Retailers), By Geographic Scope And Forecast
Global Agriculture Supply Chain Management Market Size By Type (Online and Offline), By Application(Food Processing Companies, Wholesalers and Retailers), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Agriculture Supply Chain Management Market Size And Forecast
Agriculture Supply Chain Management Market size was valued at USD 1.3 Billion in 2024 and is projected to reach USD 3.2 Billion by 2031, growing at a CAGR of 12% during the forecast period 2024-2031.
In the following years, the global agriculture supply chain management industry is expected to rise significantly. A considerable increase in demand for agricultural products, the implementation of advanced farming techniques, the rapid acceptance of blockchain technology, government efforts, and others are all driving the market’s growth in different ways.
Agricultural companies are also investing in integrated SCM infrastructure. Farmers or growers are required to follow certain requirements, fruit and vegetable retailers that directly obtain products from farmers through contractual terms, and modern infrastructures that include cold storage, ripening rooms, and controlled atmosphere chambers are all being developed. Contract farming for fruits and vegetables is one of these, and it is already in use in various economies. These models are growing the worldwide agriculture supply chain service market in a step-by-step manner.
What is Agriculture Supply Chain Management?
The flow of products and information between the supply chain’s member businesses is known as the supply chain. As a result, agriculture supply chain management requires managing interactions between firms responsible for the efficient production and distribution of products from farmers to customers to meet the quantity, quality, and price expectations of consumers constantly. This usually requires managing horizontal and vertical alliances, as well as B2B procedures and interactions. Throughout the agricultural supply chain, however, difficulties such as smallholder/marginal farmer dominance, supply chain fragmentation, lack of economies of scale, low processing/value-added levels, and insufficient marketing infrastructure persist.
Global Agriculture Supply Chain Management Market Overview
In the following years, the global agriculture supply chain management industry is expected to rise significantly. A considerable increase in demand for agricultural products, the implementation of advanced farming techniques, the rapid acceptance of blockchain technology, government efforts, and others are all driving the market’s growth in different ways.
So, here's the dealnew tech like blockchain can really help untangle the mess that is managing the agriculture supply chain, making things way more efficient. Plus, digital improvements are letting us fine-tune the whole process. Think AI – those clever algorithms can sift through tons of options for planning and scheduling. And because we can store more data for less cash, and process it faster, the industry is grabbing info on everything from weather and soil to logistics and price swings. Basically, the global agriculture supply chain service market is gearing up for some serious growth thanks to all these changes.
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Global Agriculture Supply Chain Management MarketSegmentation Analysis
The Global Agriculture Supply Chain Management Market is segmented on the basis of Type, Application, and Geography.
Agriculture Supply Chain Management Market By Type
Online
Offline
Based on Type, the market is bifurcated into Online and Offline. Online segment accounted for the largest market share in 2021 and is projected to grow at a CAGR of 10.69% over the forecast period. Online services provide automation to the offline manual procedures of supply chain services. Businesses may maintain track of their supply chains and suppliers with greater simplicity and depth using an online automated service system than they could manually. It keeps track of whether shipments arrive on time and how quickly suppliers must be paid for orders placed with them.
It can also aid in order reconciliation if products arrive broken, in incorrect amounts, or with other inconsistencies between what was ordered and what was received. Online automated solutions offer chances to speed innovation, generate revenue, improve customer experience, and swiftly handle problems, whereas manual offline methods create gaps and risks in supply chains
Agriculture Supply Chain Management Market By Application
Food Processing Companies
Wholesalers and Retailers
Farm Trade Company
Individual Farmers
Others
On the basis of Application, the Global Agriculture Supply Chain Management Market has been segmented into Food Processing Companies, Wholesalers and Retailers, Farm Trade Company, Individual Farmers and Others. Food Processing Companies segment accounted for the largest market share in 2021 and is projected to grow at a CAGR of 11.06% during the forecast period. Wholesalers and Retailers segment was the second-largest market in 2021.
Farm trade? That's basically all about buying and selling what comes from farms and forests. Think of it as a way to get a bigger selection of tasty stuff, often at better prices. The main idea is to help the folks who grow and make things, plus the people who ship them in and out of the country, so they can run a solid business. You know, groups like trade associations where people get together to swap ideas, talk shop, set some rules, and figure out how to do things the best way. And supply chains? Well, that's everything from sketching out the idea to getting the raw stuff, making it, and then finally delivering it to you. Supply Chain Services is all about making that whole process work smoothly, keeping costs down, and being good to the planet while making sure you, the customer, are happy. Learn more about it here.
Agriculture Supply Chain Management Market By Geography
North America
Europe
Asia Pacific
Rest of the world
Looking at the globe, the Agriculture Supply Chain Management Market breaks down into North America, Europe, Asia Pacific, and everywhere else. In 2021, North America led the pack in market share, with Europe right behind. What's fueling growth in North America? Think bigger companies gobbling up smaller ones to save money and control the whole process, the rise of precision farming, and tons of investment in new agritech start-ups. We're seeing big improvements in areas like agri inputs, precision agriculture, farm management software, supply chain technology, quality management, and traceability – all pushing the industry to embrace new tech.
Key Players
The major players in the market are SAP SE, ChainPoint, KPMG, Proagrica, Agri Value Chain, AB Agri, AgriDigital, Geora, AGRIVI.
The companies have adopted organic as well as inorganic growth strategies such as new service/product developments, and investments & expansions to expand their product portfolio and increase their respective market shares across different regions. Expansion & investments involve investments in R&D, new manufacturing facilities, and supply chain optimization.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
SAP SE, ChainPoint, KPMG, Proagrica, Agri Value Chain, AB Agri, AgriDigital, Geora, AGRIVI.
SEGMENTS COVERED
By Type, By Application, and By Geography.
CUSTOMIZATION SCOPE
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
Research Methodology of Market Research
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Reasons to Purchase this Report
We'll dig into the market using both qualitative (think opinions and feelings) and quantitative (numbers and stats) analysis. We'll look at different groups of customers, considering their financial situations and other stuff too. You'll get market value data (in USD Billion) for every segment and sub-segment. Plus, we'll point out the region and segment that we think will be the fastest growing and the one that will rule them all. Geographically, we'll break down product/service consumption, highlighting the unique factors influencing each region's market. We'll also explore the competitive landscape, ranking the big players and covering new launches, partnerships, expansions, and acquisitions from the last five years, all wrapped up in detailed company profiles. These profiles will give you the company overview, insights, product benchmarking, and even a SWOT analysis for major market players. Expect a look at the industry's current and future, covering recent developments (growth opportunities, drivers, challenges, and restraints) in both up-and-coming and established regions. We'll get into Porter's five forces to understand the market from all angles and give you the lowdown on the value chain. Lastly, we'll map out the market dynamics and spotlight growth opportunities in the years ahead, and offer 6-month post-sales analyst support.
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