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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