Global Agricultural Supply Chain Service Market Overview:
An agricultural supply chain system includes organizations/cooperatives responsible for the production and distribution of vegetables/fruits/grains/pulses or animal products. Consumers in today's markets are aware of and demand complete transparency of their food production processes. In these chains, agricultural products are used as raw materials for the production of consumer goods with higher added value. In most cases, preservation and conditioning processes extend the shelf life of the products. To combat this food safety issue, many companies have carried out pilot studies that use various techniques to determine and control the production conditions for food throughout the supply chain. Amid the spread of the COVID-19 pandemic, the numerous inefficiencies in global food supply chains have been recognized around the world. This has resulted in a likely opening up of opportunities in the medium and long term technology markets.
Growth Drivers
- Rising Concerns towards Food Wastage
- Rising Concerns for Food Safety among Consumers Demanding Transparency in the Supply Chain
Roadblocks
- Uncertainty in Regulations and Standards
Opportunities
- Increasing Deployment of Technology for Agriculture and Food Supply Chain Services In Order To Achieve Transparency in Supply Chain and To Reduce Food Production Frauds
Challenges
- A Dearth of Technical Expertise Required For Implementing
Competitive Landscape:
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are SAP (Germany), ChainPoint (Netherlands), Agri Value Chain (India), KPMG (Netherlands), Proagrica (United Kingdom), infoDev (United States), Eka (India), AB Sustain (United Kingdom), Geora Ltd. (Australia), SAI Platform (Belgium) and AgriDigital (Australia). Analyst at AMA Research see European Players to retain maximum share of Global Agricultural Supply Chain Service market by 2026. Considering Market by Organization Size, the sub-segment i.e. Large Enterprises will boost the Agricultural Supply Chain Service market. Considering Market by Agriculture Type, the sub-segment i.e. Precision Farming will boost the Agricultural Supply Chain Service market.
What Can be Explored with the Agricultural Supply Chain Service Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Agricultural Supply Chain Service Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Agricultural Supply Chain Service
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Agricultural Supply Chain Service market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Agricultural Supply Chain Service market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, and Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.