Agricultural Supply Chain Service Market to See Major Growth by 2030
Kings Research is delighted to announce the publication of its latest market research study on the Agricultural Supply Chain Service Market was valued at USD 865.6 million in 2022 and is projected to reach USD 1,822.4 million by 2030, growing at a CAGR of 10.02% from 2023 to 2030. The global market is constantly evolving, and businesses need to stay up-to-date with the latest trends and developments in order to remain competitive.
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Competitive Landscape:
This
competitive landscape is influenced by several factors, including technological
advancements, shifting consumer preferences, regulatory frameworks, and
economic conditions. Businesses operating in this market must stay vigilant to
these influences to stay ahead in the competitive race. This study equips
businesses with valuable information to assess their competitive environment
and make well-informed business decisions.
Key Players: -
- IBM
Corporation
- Trellis
LTD
- AgriDigital
- Bext
Holdings Inc.
- GrainChain,
Inc.
- ChainPoint
- LexisNexis
Risk Solutions (Proagrica)
- Agri
Value Chain
- Geora
Ltd.
- Eka
- FCE
Group AG
- Intellync
- SAP SE
The report
covers major market drivers, restraints, challenges, and opportunities, as well
as emerging technologies, market trends, and technological integration, making
sure the information stays up-to-date. It further provides an overview of the
factors bolstering product sales, such as the introduction of novel features,
rising investments in R&D activities, and expanding production capacities.
Market Segmentation
Segmentation
analysis is a crucial tool for comprehending and analyzing the global market.
This study report identifies segments by dividing the market into distinct
categories based on characteristics like demographics, geographic location,
psychographics, behavior, and preferences. Businesses can leverage this
segmentation to effectively target specific customer groups by utilizing
tailored marketing strategies and offerings that align with their unique needs
and preferences.
By Application
- Food Processing Companies
- Wholesalers and Retailers
- Farm Trade Company
- Individual Farmers
- Others
By Type
- Online
- Offline
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It provides
insights into critical factors that are fostering market development, along
with the lucrative opportunities the global market holds. This involves
favorable government policies, economic factors, trends, and numerous
initiatives taken by corporations to augment product sales. The study will
prove beneficial to manufacturers, new entrants, and businesses involved in the
industry chain, offering valuable insights to support their operations and
strategic initiatives.
The report
highlights a comprehensive analysis of the competitive landscape of the global Agricultural
Supply Chain Service market, focusing on key players and strategic
developments. The global market is characterized by dynamism and
competitiveness, with companies seeking to gain market share and secure a
competitive edge in the global industry.
Regional Insights
The North
America will dominate the market share of Agricultural Supply Chain Service
Market. The regional outlook for different parts of the world, such as North
America, Europe, Asia Pacific, Latin America, the Middle East & Africa, is
also included. The regional section sheds light on the prominent factors
shaping market growth to assist stakeholders in understanding the global market
standing of leading regions.
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Key Developments
- February 2023 (Seed Funding): GrainChain has secured USD 29
million in a recent round of funding aimed at accelerating its expansion
in Latin America and the United States. The data company operates in the
intersection of agritech and fintech, offering various products to
facilitate agricultural transactions and financing by digitizing the
supply chain and reducing counterparty risks.
- November 2021 (Partnership): Eka Software Solutions has become
an official signatory of the United Nations Global Compact (UNGC), the
largest corporate sustainability initiative in the world. As a signatory,
Eka integrates the principles of the UNGC into its business operations to
further promote sustainability for all stakeholders, including employees,
customers, partners, and vendors.
- March 2020 (Launch): com has shared that their blockchain
accelerator, Medici Ventures, has used a warrant to acquire an extra $5
million of equity in GrainChain, a keiretsu company, with the aim of
expanding its innovative agricultural blockchain network.
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industry leaders, conducting thorough assessments of trends and developments.
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