Global Agricultural E-Commerce Market Analysis by Deployment, Platform, Region and segments forecast till 2033
The global Agricultural E-commerce Market is presently valued at USD 30,680 million and is anticipated to amass a valuation of USD 50,630 million in 2033, amplifying at a CAGR of 7.42% over the forecast duration.
Market Forecast in 2022
USD 30,680 million
Market Forecast in 2033
USD 50,630 million
CAGR % 2023-2033
Product, end-user industry, company share, company heatmap, company Capacity Technology Product capacity, growth factors and more
Yihaodian, Amazon, COFCO Group, SF Express, Benlai Holding Group, Natures Basket Limited, Supermarket Grocery Supplies Pvt. Ltd., Grofers India Pvt. LTD., Ninayo, FarmFresh, Alibaba Group, and JD.com Company.
Global Agricultural E-Commerce Market- Description
With rapid digital evolution, there has been a widespread proliferation of e-commerce platforms across the globe. Industries across the globe have increased their focus on selling their goods through online shopping channels. Agricultural e-commerce predominantly refers to the buying and selling of farming goods via online platforms. This has increased the efficiency of agricultural production by establishing a direct communication link between farmers and consumers.
Agricultural e-commerce has provided farmers with the opportunity to bypass intermediaries, thereby increasing their income and reducing product wastage. These are the primary factors augmenting the outlook of this marketplace. Furthermore, rising internet penetration, growing digital literacy among farmers, and an increase in the number of agricultural e-commerce platforms in emerging economies are positively swaying the industry dynamics. Also, surging government investments aimed towards the development of the farming sector, rising demand for food products due to widespread population expansion, and the growing proliferation of smart devices are creating lucrative opportunities for the marketplace to prosper.
Moreover, the outbreak of the COVID-19 pandemic had a positive impact on the industry's growth. Restrictive containment measures like stringent lockdowns led to the closure of markets and other commercial complexes for an indefinite period. But the advent of agricultural e-commerce platforms enabled numerous farmers across the globe to sell their products online. This in turn added massive traction to the progression of this business vertical. However, a lack of cognizance about the existence and benefits offered by e-commerce platforms among farmers is hindering the remuneration scope of this marketplace.
Global Agricultural E-Commerce Market: Key Trends
· Increasing Cost Competition Among Players in The Agricultural Sector to Aid Industry Expansion
Competition among players operating in the agricultural sector has surged strongly in the past few years. Offline sales have increased the pressure on the supply chain, cost, and intermediaries within the entire ecosystem. E-commerce is an efficient tool for micro and medium size businesses as it is helping sellers to reduce their transportation costs while providing them with easy access to untapped markets.
· Rising Utilization of E-Commerce Platforms by Small Scale Farmers to Augment the Market Outlook
It is increasingly clear that e-commerce has become a new and effective way of aiding smallholders to gain access to the market. E-commerce has enabled these farmers to sell most of their products at a higher price than before because of the elimination of price squeezes from intermediaries and the marketing constraints of information asymmetry. The widespread utilization of e-commerce platforms by small-scale farmers is creating an upward trend for overall market development.
Global Agricultural E-Commerce Market: Segmental Analysis
The on-cloud segment is expected to register notable gains over 2023-2033 owing to the easy accessibility of cloud-based agricultural e-commerce platforms.
• Desktop based
The mobile-based segment is slated to generate significant revenue over the assessment timeframe ascribing to the growing smartphone penetration across the globe.
Global Agricultural E-Commerce Market: Geographical Landscape
North America, the Middle East & Africa, Europe, Asia Pacific, and Latin America are the major regions constituting the geographical ambit of this marketplace. Among these, Asia Pacific is projected to garner a significant revenue share over 2023-2033. This is attributable to the presence of agrarian nations like India and the rising utilization of online channels to sell farming goods.
Global Agricultural E-Commerce Market: Recent Developments
· Notably, in July 2018, Indian Farmers Fertilizer Cooperative inked a partnership deal with iMandi with an aim to develop an e-commerce platform for small-scale farmers.
Global Agricultural E-Commerce Market: Key Companies
· Yihaodian, Amazon
· COFCO Group
· SF Express
· Benlai Holding Group
· Natures Basket Limited
· Supermarket Grocery Supplies Pvt. Ltd.
· Grofers India Pvt. LTD.
· Alibaba Group
· JD.com Company.
Global Agricultural E-Commerce Market: Regional Scope
· Rest of Europe
· South Korea
· Rest of Asia Pacific
· Rest of South America
Middle East and Africa
· Saudi Arabia
· South Africa
· Rest of Middle East and Africa
Why to buy this Report?
Market research: The report provides valuable insights into market trends, growth opportunities, and competitive landscapes. By reading a technology report, businesses and investors can gain a better understanding of the market they are operating in or considering entering, and make more informed decisions based on data and analysis.
Competitive analysis: The report reports provide detailed information on competitors' strengths, weaknesses, and strategies, which can help businesses identify potential threats and opportunities in the market.
Innovation: The report provides insights into emerging technologies and trends, which can help businesses stay up-to-date with the latest developments and make informed decisions about where to invest their resources.
Due diligence: The report can be used by investors and acquirers as part of their due diligence process when considering investing in or acquiring a technology company. These reports can provide valuable information on the company's financials, technology, market position, and other key factors.
1. Global Agricultural E-Commerce Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Agricultural E-Commerce Market Definition & Description
1.3. Global Agricultural E-Commerce Market Scope and Market Estimation
1.3.1. Global Smart Plantation Management System Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)
1.3.2. Global Agricultural E-Commerce Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033
1.4. Market Segmentation
1.4.1. Deployment of Global Agricultural E-Commerce Market
1.4.2. Platform of Global Agricultural E-Commerce Market
1.4.3. Region of Global Agricultural E-Commerce Market
2. Executive Summary
2.1. Global Agricultural E-Commerce Market Industry Trends under COVID-19 Outbreak
2.1.1. Global COVID-19 Status Overview
2.1.2. Influence of COVID-19 Outbreak on Global Agricultural E-Commerce Market Industry Development
2.2. Market Dynamics
2.2.4. Impact Analysis of Drivers and Restraints
2.3. Pricing Trends Analysis & Average Selling Prices (ASPs)
2.4. Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
2.5. Porter’s Five Forces Analysis
2.5.1. Bargaining Power of Suppliers
2.5.2. Bargaining Power of Buyers
2.5.3. Threat of Substitutes
2.5.4. Threat of New Entrants
2.5.5. Competitive Rivalry
2.6. Value Chain / Ecosystem Analysis
2.7. PEST Analysis
2.8. Russia-Ukraine War Impacts Analysis
2.9. Economic Downturn Analysis
2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region
3. Global Agricultural E-Commerce Market Estimates & Historical Trend Analysis (2020 - 2022)
4. Global Agricultural E-Commerce Market Estimates & Forecast Trend Analysis, By Deployment Type
4.1. Global Agricultural E-Commerce Market Revenue (US$ Mn) Estimates and Forecasts, By Deployment, 2023 to 2033
5. Global Agricultural E-Commerce Market Estimates & Forecast Trend Analysis, By Platform
5.1. Global Agricultural E-Commerce Market Revenue (US$ Mn) Estimates and Forecasts, By Platform, 2023 to 2033
5.1.2. Desktop based
6. Global Agricultural E-Commerce Market Estimates & Forecast Trend Analysis, by Region
6.1. Global Agricultural E-Commerce Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033
6.1.1. North America
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America
7. North America Agricultural E-Commerce Market: Estimates & Forecast Trend Analysis
7.1. North America Agricultural E-Commerce Market Assessments & Key Findings
7.1.1. North America Agricultural E-Commerce Market Introduction
7.1.2. North America Agricultural E-Commerce Market Size Estimates and Forecast (US$ Million) (2023 to 2033)
184.108.40.206. By Deployment
220.127.116.11. By Platform
18.104.22.168. By Country
22.214.171.124.1. The U.S.
8. Europe Agricultural E-Commerce Market: Estimates & Forecast Trend Analysis
8.1. Europe Agricultural E-Commerce Market Assessments & Key Findings
8.1.1. Europe Agricultural E-Commerce Market Introduction
8.1.2. Europe Agricultural E-Commerce Market Size Estimates and Forecast (US$ Million) (2023 to 2033)
126.96.36.199. By Deployment
188.8.131.52. By Platform
184.108.40.206. By Country
220.127.116.11.7. Rest of Europe
9. Asia Pacific Agricultural E-Commerce Market: Estimates & Forecast Trend Analysis
9.1. Asia Pacific Market Assessments & Key Findings
9.1.1. Asia Pacific Agricultural E-Commerce Market Introduction
9.1.2. Asia Pacific Agricultural E-Commerce Market Size Estimates and Forecast (US$ Million) (2023 to 2033)
18.104.22.168. By Deployment
22.214.171.124. By Platform
126.96.36.199. By Country
188.8.131.52.5. South Korea
184.108.40.206.7. Rest of Asia Pacific
10. Middle East & Africa Agricultural E-Commerce Market: Estimates & Forecast Trend Analysis
10.1. Middle East & Africa Market Assessments & Key Findings
10.1.1. Middle East & Africa Agricultural E-Commerce Market Introduction
10.1.2. Middle East & Africa Agricultural E-Commerce Market Size Estimates and Forecast (US$ Million) (2023 to 2033)
10.1.2.1. By Deployment
10.1.2.2. By Platform
10.1.2.3. By Country
10.1.2.3.2. Saudi Arabia
10.1.2.3.4. South Africa
10.1.2.3.5. Rest of Middle East & Africa
11. South America Agricultural E-Commerce Market: Estimates & Forecast Trend Analysis
11.1. South America Market Assessments & Key Findings
11.1.1. South America Agricultural E-Commerce Market Introduction
11.1.2. South America Agricultural E-Commerce Market Size Estimates and Forecast (US$ Million) (2023 to 2033)
220.127.116.11. By Deployment
18.104.22.168. By Platform
22.214.171.124. By Country
126.96.36.199.4. Rest of South America
12. Competition Landscape
12.1. Global Agricultural E-Commerce Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
12.2. Global Agricultural E-Commerce Market Concentration & Company Market Shares (%) Analysis, 2022
13. Company Profiles
13.1.1. Company Overview & Key Stats
13.1.2. Financial Performance & KPIs
13.1.3. Product Portfolio
13.1.4. Business Strategy & Recent Developments
* Similar details would be provided for all the players mentioned below
13.2. COFCO Group
13.3. SF Express
13.4. Benlai Holding Group
13.5. Natures Basket Limited
13.6. Supermarket Grocery Supplies Pvt. Ltd.
13.7. Grofers India Pvt. LTD.
13.10. Alibaba Group
13.11. JD.com Company.
14. Research Methodology
14.1. External Transportations / Databases
14.2. Internal Proprietary Database
14.3. Primary Research
14.4. Secondary Research
14.7. Report FAQs
15. Research Findings & Conclusion
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Only Four Thousand Seven Hundred Fifty US dollar
Only Five Thousand Seven Hundred Fifty US dollar
Only Seven Thousand Seven Hundred Fifty US dollar