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

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.

However, emerging technologies like blockchain can help overcome difficulties in agriculture supply chain management, increasing overall efficiency. Furthermore, digital improvements are allowing the agriculture supply chain to be optimized. Algorithms based on artificial intelligence (AI) explore all potential planning and scheduling combinations of variables. The agriculture industry can now capture more data with the use of digital technologies, such as weather, soil, logistics, price fluctuations, and so on because data storage capacity has expanded, storage costs have decreased, and processing power has improved. With this shift in the market, the global agriculture supply chain service market will soon be prepared for progress.

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.

The purchasing and selling of products produced by the forestry and farming industries are known as the farm trade. It can provide customers with broader access to a wider range of agricultural products, generally at lower rates. The organization’s principal goal is to assist producers of goods and services, as well as exporters and importers, in securing and managing their enterprises. Members of trade associations regularly share information, discuss concerns, define standards, and set guidelines for best practices in their fields. Supply chain services cover a wide range of activities, including design, planning, raw material procurement, inventory, execution, manufacturing, and final delivery of the finished product to the customer. Supply Chain Services comprises the most efficient execution of all of these events in a sustainable, cost-effective, and low-carbon footprint manner, satisfying the needs of customers

Agriculture Supply Chain Management Market By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of regional analysis, the Global Agriculture Supply Chain Management Market is classified into North America, Europe, Asia Pacific and Rest of the world. North America accounted for the largest market share and Europe was the second largest in 2021. Market consolidation with larger companies acquiring smaller competitors to attain economies of scale and vertical integration, the trend of precision farming, and increased investments in agritech start-ups are some of the important drivers driving the growth of the North American market. Agri inputs, precision agriculture, farm management software, supply chain technology, quality management, and traceability are among the major advancement areas in the North American agriculture sector that are driving technology adoption.

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.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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