Agri E-commerce is Providing Opportunity to Streamline the Agricultural Value Ch

Posted by Sam on February 25th, 2021

The report "Global E-Commerce in Agriculture Market, By Component (Farmers, Buyers, and Produce), By Business Type (Business-to-Business (B2B) and Business-to-Consumer (B2C)), By Channel (Direct and Distribution), By Category (Web Portal Model, Online Content Providers, Online Retailers, Online Distributors, Online Market Maker, and Online Community Provider),  and Region - Global Forecast to 2030" Global e-commerce in agriculture market is projected to grow from US$ XX billion in 2019 to US$ XX billion by 2030. Agriculture e-commerce presents a range of economic benefits to the communities, the wider society, and farmers in the form of enriched livelihood and income which is the major driving factor for the growth of the global e-commerce in agriculture market. Additionally, e- commerce agriculture reduce the wastage of post- harvest with increase in the market efficiency which is another propelling factor for the growth of global market. However, lack of awareness about e- commerce services in the population of rural areas is the major restraining factor for the growth of target market.

Key Highlights:

• In December 2019, Amazon Retail India Pvt. Ltd. (ARIPL), has been working with the farmers due to which the company created cold chain hub in order to supply fresh product to sell online by using Amazon Pantry and Amazon fresh.
• In September 2019, Alibaba Group is planning to launch its first fully owned e-commerce business this fiscal in India through its subsidiary UCWeb, a senior company.
• In 2017, the 2 memoranda of understanding (MOU’s) were signed between the farmer’s federation and the supermarket grocery supplies Pvt. Ltd. at Organic Millets.

Key Market Insights from the report:          

The global e-commerce in agriculture market accounted for US$ XX billion in 2019 and is projected to register a moderate CAGR of XX% over the forecast period. The market report has been segmented on the basis of component, business type, category, and region.

• By Component, the global e-commerce in agriculture market is segmented into farmers, buyers, and produce
• By Business type, the global e-commerce in agriculture market is categorized into business-to-business (B2B) and business-to-consumer (B2C)
• By Channel the global e-commerce in agriculture market is categorized into direct and districution.
• By Category, the global e-commerce in agriculture market is sub-divided into web portal model, online content providers, online retailers, online distributors, online market, and online community provider
• By Region, Asia-Pacific is projected to lead the global e-commerce in agriculture market and is expected to remain dominant during the forecast period, due rise in use of smartphones and increasing internet connectivity.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Global E-Commerce in Agriculture Market”, By Component (Farmers, Buyers, and Produce), By Business Type (Business-to-Business (B2B) and Business-to-Consumer (B2C)), By Channel (Direct and Distribution), By Category (Web Portal Model, Online Content Providers, Online Retailers, Online Distributors, Online Market Maker, and Online Community Provider),   and by Region – global forecast till 2030

To know the upcoming trends and insights prevalent in this market, click the link below:

https://prophecymarketinsights.com/market_insight/Global-ECommerce-in-Agriculture-Market-3788

The prominent player operating in the global e-commerce in agriculture market includes Amazon, Inc., Alibaba Group, JD.com Company, Yihaodian, COFCO Group, SF Express, Benlai, Natures Basket Limited, Supermarket Grocery Supplies Pvt. Ltd. (Big Basket), Grofers India Pvt. Ltd. Ninayo, and FarmFresh.