Product ID: UCMIG45E2188
Report ID:
UCMIG45E2188 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global agriculture supply chain management market has showcased dynamic growth, commencing with a market size of USD 0.83 billion in 2022 and forecasted to escalate to approximately USD 2.17 billion by 2032, at an impressive compound annual growth rate (CAGR) of 10% during the forecast period spanning from 2023 to 2032. This growth trajectory is propelled by the increasing recognition of the significance of efficient supply chain management in the agriculture sector, aimed at optimizing production, distribution, and procurement processes. Factors such as technological advancements, adoption of precision agriculture practices, and the need to address global food security challenges have spurred the demand for robust supply chain solutions. Moreover, the integration of data analytics, IoT, and blockchain technologies is anticipated to enhance transparency, traceability, and sustainability across the agriculture supply chain. As the industry continues to evolve, stakeholders are poised to prioritize innovation and strategic partnerships to leverage this market's potential, contributing to its anticipated expansion in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Application Software by segment aggregation, the contribution of the Application Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG45E2188