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Agricultural E-Commerce Market Size, Industry Analysis By Deployment (On-Cloud And On-Premise), By Platform (Mobile-Based And Desktop Based) & Region - Forecast

  • PUBLISHED ON
  • 2024-02-08
  • NO OF PAGES
  • 256
  • CATEGORY
  • Agriculture

 

Global Agricultural E-Commerce Market Analysis by Deployment, Platform, Region and segments forecast till 2033

 

Market Overview

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.

 

Report Scope

Report Attributes

Description

Market Forecast in 2022

USD 30,680 million

Market Forecast in 2033

USD 50,630 million

CAGR % 2023-2033

7.42%

Base Year

2022

Historic Data

2020-2021

Forecast Period

2023-2033

Report USP

Product, end-user industry, company share, company heatmap, company Capacity Technology Product capacity, growth factors and more

Key Companies

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

By Deployment:

• On-cloud

• On-Premise

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.

By Platform:

• Mobile-based

• 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.

·         Ninayo

·         FarmFresh

·         Alibaba Group

·         JD.com Company.

 

Global Agricultural E-Commerce Market: Regional Scope             

North America

·         U.S.

·         Canada

·         Mexico

Europe

·         U.K.

·         Germany

·         France

·         Italy

·         Spain

·         Rest of Europe

Asia Pacific

·         China

·         India

·         Japan

·         South Korea

·         Australia

·         Rest of Asia Pacific

South America

·         Brazil

·         Argentina

·         Rest of South America

Middle East and Africa

·         Saudi Arabia

·         UAE

·         Egypt

·         South Africa

·         Rest of Middle East and Africa

 

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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

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

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

4.1.1.     On-cloud

4.1.2.     On-Premise

 

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

5.1.1.     Mobile-based

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

6.1.2.     Europe

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)

7.1.2.1.  By Deployment

7.1.2.2.  By Platform

7.1.2.3.  By Country

7.1.2.3.1.   The U.S.

7.1.2.3.2.   Canada

7.1.2.3.3.   Mexico

 

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)

8.1.2.1.  By Deployment

8.1.2.2.  By Platform

8.1.2.3.     By Country

8.1.2.3.1.   Germany

8.1.2.3.2.   U.K.

8.1.2.3.3.   France

8.1.2.3.4.   Italy

8.1.2.3.5.   Spain

8.1.2.3.6.   Russia

8.1.2.3.7.   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)

9.1.2.1.     By Deployment

9.1.2.2.     By Platform

9.1.2.3.     By Country

9.1.2.3.1.   China

9.1.2.3.2.   Japan

9.1.2.3.3.   India

9.1.2.3.4.   Australia

9.1.2.3.5.   South Korea

9.1.2.3.6.   ASEAN

9.1.2.3.7.   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

10.1.2.3.1.            U.A.E.

10.1.2.3.2.            Saudi Arabia

10.1.2.3.3.            Egypt

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)

11.1.2.1.  By Deployment

11.1.2.2.  By Platform

11.1.2.3.  By Country

11.1.2.3.1.          Brazil

11.1.2.3.2.          Argentina

11.1.2.3.3.          Colombia

11.1.2.3.4.          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.    Yihaodian

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.

13.8.    Ninayo

13.9.    FarmFresh

13.10. Alibaba Group

13.11. JD.com Company.

13.12. Others**

 

14.  Research Methodology

14.1. External Transportations / Databases

14.2. Internal Proprietary Database

14.3. Primary Research

14.4. Secondary Research

14.5. Assumptions

14.6. Limitations

14.7. Report FAQs

 

15.  Research Findings & Conclusion

 

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Case Study- Automotive Sector

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).

Solution

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

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Market Estimates and Forecast

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Case Study- ICT Sector

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Business Solution

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Conclusion

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.

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