Agriculture Supply Chain Management Market

Agriculture Supply Chain Management Market Size, Share, Trends, Growth, and Industry Analysis, By Component (Hardware, Solution, Services), By Solution Type (Transportation Management System, Warehouse Management System, Supply Chain Planning, Procurement & Sourcing, Manufacturing Execution System), By Deployment Model (On-premise, On-Demand/Cloud-Based), By User Type (Small & Medium-Sized Enterprises (SMEs), Large Enterprises), Regional Insights and Forecast to 2031

Agriculture | March 2022 | Report ID: EMR0047 | Pages: 178

The global agriculture supply chain management market size was exhibited at USD 0.83 billion in 2022 and is expected to hit around USD 2.15 billion by 2031, growing at a compound annual growth rate (CAGR) of 11% during the forecast period 2023-2031.

 

Supply chain management manages the flow of goods and services and includes all processes that transform raw materials into final products. Similar to this, agriculture supply chain management entails controlling interactions between businesses in charge of efficiently producing and delivering goods from farms to consumers in order to consistently meet their demands for quantity, quality, and price. This typically entails overseeing procedures, partnerships, and horizontal and vertical alliances. Hence, to ensure that production and delivery commitments are met on time, agricultural supply chains implement internal controls and provide chain-wide incentives. Although the rise of supply chains from the farm gate to the retail level has been facilitated by improved efficiency, timely distribution, cost-effective transportation, and product differentiation. For instance, in May 2022, Intellync announced a cooperation with supply chain management solution provider Star Index in order to combine Star Index's extensive knowledge of supply chain insights with Intellync's expertise in agricultural supply chains. It creates software that will help agri-food companies enhance their supply chains by reducing resource needs, assessing risk, and capturing and reporting data.

COVID-19 Impact on Agriculture Supply Chain Management Market

The COVID-19 epidemic has a negative influence on the global market for supply chain management in agriculture. Due to a lack of supplies from other states, problems with the arrangement of the transport vehicles, transportation restrictions, labour shortages, ineffective cold chain facilities, panic buying, price fluctuations, and a lack of collectors/aggregators in the market, it has caused disruptions in the agricultural supply chain. Also, due to constraints on international trade, the pandemic has impacted the export and import of agricultural products globally. The management of the global agriculture supply chain has been harmed by all of these operations.

The market's stakeholders are, however, making the necessary preparations to make up for the loss brought on by the pandemic. Also, it is expected that businesses will put more of an emphasis on post-pandemic solutions that will help advanced preparation and lessen the effects of such crises in the future. In the coming years, the organizations will place a greater emphasis on end-to-end stock visibility, intricate supplier monitoring, and process automation, which will increase demand for SCM software in the agriculture supply chain management sector.

Agriculture Supply Chain Management Market REPORT SCOPE & SEGMENTATION

Report Attribute

Details

Projected Market Value (2031)

2.15 billion

Estimated Market Value (2022)

0.83 billion

Base Year

2022

Forecast Years

2023 - 2031

Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- By Component, By Solution type, By Deployment model, By User type, and Region

Segments Covered

By Component, By Solution type, By Deployment model, By User type, and Region

Forecast Units

Value (USD Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2023 to 2031

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Report Coverage

Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Delivery Format

Delivered as an attached PDF and Excel through email, according to the purchase option.

 

Market Dynamics

Market Drivers

The worldwide agriculture supply chain industry will develop due to cloud-based software - Agricultural demand and supply chain operations have recently seen a continuous increase in the use of cloud-based applications. A supply chain that is located in the cloud benefits consumers in many ways. When several cloud vendors enhance their portfolios, the overall cost of solutions is significantly reduced. Organizations headquartered in agriculture can benefit from a variety of factors, including reduced risk, more visibility, quicker deployment, and greater flexibility.

Market Restraints

  • High cost to restraint the growth of the global agriculture supply chain market- The price of using an agricultural supply chain management system adds to the cost of the finished commodity that is supplied. Small-scale industries frequently lack the budget since processing information and coordinating transactions between businesses is significantly more expensive.
  • Extended time for installation - The delivery procedure is hampered by the receiver's uncertainty caused by the lengthy software installation and implementation times. The lengthening of these processes adds overhead expenses as well, which has a negative effect on the final cost of agricultural products.

Market Opportunities

  • Increasing demand for enhanced supply chain visibility - The status of numerous operations carried out by agricultural supply chain management systems is tracked in real-time by supply chain managers. Supply chain managers can be ready and handle little issues that develop because of this ongoing monitoring. The ongoing observation ensures sufficient production and supply of goods from the producer to the consumer. The system aids in maintaining the quantity, quality, and price requirements for the items.

Regional Analysis

On the basis of regional analysis, the Global Agriculture Supply Chain Management Market is classified into four regions: North America, Europe, Asia Pacific, and the Rest of the World. North America accounted for the largest market share, and Europe was the second largest in 2022. 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 factors 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.

Competitive Landscape

The key market players profiled in the report include:

  • FCE Group AG
  • Agri Value Chain
  • Bext360
  • Ambrosus
  • ChainPoint
  • AgriDigital
  • eHarvestHub
  • Eka
  • GrainChain, Inc.
  • Geora Ltd.
  • IBM
  • Trellis Ltd.
  • Intellync
  • SAP SE
  • Proagrica

The companies have adopted organic as well as inorganic growth strategies, such as new service and product developments and investments and expansions, to expand their product portfolios and increase their respective market shares across different regions. Expansion and investments involve investments in R&D, new manufacturing facilities, and supply chain optimization.

Key Benefits of the Report

  • This study presents an analytical depiction of the Agriculture Supply Chain Management industry along with current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to market key drivers, restraints, and opportunities, along with detailed analysis of the Agriculture Supply Chain Management Market share.
  • The current market is quantitatively analyzed to highlight the Agriculture Supply Chain Management Market's growth scenario.
  • Porter's five forces research demonstrates the market power of suppliers and buyers.
  • The report provides a detailed Agriculture Supply Chain Management market analysis based on competitive intensity and how the competition will take shape in the coming years.

 

Agriculture Supply Chain Management Market Report Segmentation

ATTRIBUTE

DETAILS

By Component

  • Hardware
  • Solution
  • Services

By Solution Type

  • Manufacturing Execution System
  • Transportation Management System
  • Warehouse Management System
  • Supply Chain Planning
  • Procurement & Sourcing

By Deployment Model

  • On-premise
  • On-Demand/Cloud-Based

By User Type

  • Small & Medium-Sized Enterprises (SMEs)
  • Large Enterprises

By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Customization Scope

  • Available upon request

Pricing

  • Available upon request

 

The Report Answers Questions Such As:

  • What is the potential opportunity for the Agriculture Supply Chain Management Market
  • What are the major drivers, restraints, and opportunities of the Agriculture Supply Chain Management Market
  • What is the market share of the leading segments and sub-segments of the Agriculture Supply Chain Management Market in the forecast period (2023-2031)
  • How is each segment of the Agriculture Supply Chain Management Market expected to grow during the forecast period
  • What is the expected revenue to be generated by each of the segments by the end of 2031
  • What are the key development strategies implemented by the key players to stand out in this Agriculture Supply Chain Management Market
  • What is the preferred business model used for building Agriculture Supply Chain Management Market
  • Which area of application is expected to be the highest revenue generator in the Agriculture Supply Chain Management Market during the forecast period
  • Which end-user segment is expected to be the highest revenue generator in this industry during the forecast period

Research Methodology

Our research methodology has always been the key differentiating reason which sets us apart in comparison from the competing organizations in the industry. Our organization believes in consistency along with quality and establishing a new level with every new report we generate; our methods are acclaimed and the data/information inside the report is coveted. Our research methodology involves a combination of primary and secondary research methods. Data procurement is one of the most extensive stages in our research process. Our organization helps in assisting the clients to find the opportunities by examining the market across the globe coupled with providing economic statistics for each and every region.  The reports generated and published are based on primary & secondary research. In secondary research, we gather data for global Market through white papers, case studies, blogs, reference customers, news, articles, press releases, white papers, and research studies. We also have our paid data applications which includes hoovers, Bloomberg business week, Avention, and others.

Data Collection

Data collection is the process of gathering, measuring, and analyzing accurate and relevant data from a variety of sources to analyze market and forecast trends. Raw market data is obtained on a broad front. Data is continuously extracted and filtered to ensure only validated and authenticated sources are considered. Data is mined from a varied host of sources including secondary and primary sources.

Primary Research

After the secondary research process, we initiate the primary research phase in which we interact with companies operating within the market space. We interact with related industries to understand the factors that can drive or hamper a market. Exhaustive primary interviews are conducted. Various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information for a report which includes suppliers, product providers, domain experts, CEOs, vice presidents, marketing & sales directors, Type & innovation directors, and related key executives from various key companies to ensure a holistic and unbiased picture of the market. 

Secondary Research

A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on. We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

Top-Down Approach & Bottom-Up Approach

In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.

In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.

This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.

Market Analysis & size Estimation

Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.

Quality Checking & Final Review

The analysis done by the research team is further reviewed to check for the accuracy of the data provided to ensure the clients’ requirements. This approach provides essential checks and balances which facilitate the production of quality data. This Type of revision was done in two phases for the authenticity of the data and negligible errors in the report. After quality checking, the report is reviewed to look after the presentation, Type and to recheck if all the requirements of the clients were addressed.

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