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2022
Agriculture Supply Chain Management Market

Agriculture Supply Chain Management Market by Type (On-line and Off-line) and Application (Farm Trade Company, Food Processing Company, Individual Farmer, Agricultural Organization and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jan 2022 | 170 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The supply chain is the flow of products and information between the member organizations of the supply chain. Thus, agriculture supply chain management involves managing interaction between companies that are responsible for effective production and supply of products from farms to consumers, to reliably satisfy consumers in terms of quantity, quality, and price requirements. This generally includes managing horizontal and vertical alliances and business-to-business relationships and processes. However, the supply chain for different agricultural products is full of challenges such as smallholders/marginal dominance of farmer, supply chain fragmentation, lack of economies of scale, low processing/value-added levels, and insufficient marketing infrastructure. However, the use of upcoming technologies such as blockchain can solve the challenges in the agriculture supply chain management, thus improving the overall efficiency.

Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2020–2030

 Base year considered

  2020

  Forecast period

  2021–2030

  Forecast units

  Value (USD)

  Segments covered

  Type, Application and Region

  Regions covered

  North America, Europe, Asia-Pacific, LAMEA

  Companies covered

SAP, Chain Point, Agri Value Chain, KPMG, Proagrica, infoDev, Eka, AB Sustain, Geora, SAI Platform, AgriDigital

 

COVID-19 Impact Analysis

The COVID-19 pandemic has impacted the global agriculture supply chain management market adversely. It has caused disruptions in the agricultural supply chain due to a lack of supplies from other states, issues in the arrangement of the transport vehicles, transportation restrictions, labor shortage, inefficient cold chain facilities, panic buying, fluctuation in prices, and lack of collectors/aggregators in the market. Furthermore, the pandemic has affected the global export and import of agricultural products because of global trade restrictions. All these activities have negatively affected the global agriculture supply chain management. However, the players in the market are taking the required steps to overcome the loss incurred because of the pandemic.

Top Impacting Factors


  • Increase in demand for agricultural products and adoption of smart agricultural techniques among producers drive the growth of the global agriculture supply chain management market. 

  • Problems faced by vendors owing to long-distance transportation, uncertainty in regulations and lack of standards hinder the growth of the global agriculture supply chain management market. 
  • Government initiatives for use of modern techniques in agriculture and increase in adoption of blockchain technology industry can provide lucrative opportunities for the global agriculture supply chain management market.

Market Trends 

Rise of Blockchain Technology in Agriculture Supply Chain Management

Companies in the agriculture supply chain management market are employing new technologies to improve efficiency and minimize transportation costs. The use of blockchain is one of these technologies. Blockchain is a distributed ledger technology that can record transactions between parties safely and permanently. Blockchain eliminates the need for intermediaries who were previously required to function as trusted third parties to verify, record, and coordinate transactions by ‘sharing’ databases amongst multiple parties. Furthermore, the use of blockchain in the agricultural supply chain promises to give a reliable source of truth about the status of farms, inventories, and agricultural contracts, which is quite expensive. Thus, the use of blockchain in the agriculture supply chain management industry will make the transportation of agriculture goods more transparent and efficient. The system can seamlessly use technology to facilitate transportation, checkout, transportation details, to help the industry run smoothly. Blockchain applications for logistics/supply chain purposes can also generate energy, financial and environmental advantages. Furthermore, blockchain can save costs by supporting more agile, more automated, and error-free processes. Besides increasing the visibility and predictability of supply chain operations, it can also help in creating a reliable food supply chain, thus building trust between producers and consumers. It is expected that the application of blockchain technology in the agriculture supply chain management industry will have a profound impact. The increasing adoption of these advanced technologies will allow for more organized operations and is expected to drive agriculture supply chain management market growth in the coming years.

Key Segments Covered: 

Segments

Sub-segments

  Type

  • On-line
  • Off-line

 Application

  • Farm Trade Company
  • Food Processing Company
  • Individual Farmer
  • Agricultural Organization
  • Others

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the agriculture supply chain management industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of agriculture supply chain management market.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the agriculture supply chain management market.
  • The report provides a detailed agriculture supply chain management market analysis based on competitive intensity and the competition that will take shape in coming years.

Questions Answered in the Agriculture Supply Chain Management Market Research Report:

  • Who are the leading market players active in the agriculture supply chain management market?
  • What would be the detailed impact of COVID-19 on the market?
  • What are the current trends that would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the agriculture supply chain management market?
  • What are the future projections that would help in taking further strategic steps? 
 
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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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