The need for e-commerce has increased extensively, with the increasing penetration of e-commerce and digitization mode of businesses. Agricultural e-commerce offers an important opportunity for cost reduction and demand enhancement of products. In recent years, more and more smallholders in developing countries such as China have begun to sell agri products directly to consumers via online shops from a third party trade platform. Global Agricultural E-commerce Market – Dynamics Cost Competition Competition among players operating in the agricultural sector has increased strongly in the past few years. Offline sales have increased the pressure of cost, supply chain, and intermediaries within the whole ecosystem. E-commerce is an efficient tool for micro and medium size businesses. This has helped sellers to reduce the transportation cost and also enabled access to untapped markets. Increasing Adoption by Smallholders It is increasingly clear that e-commerce has become a new and effective way of helping smallholders gain access to the market. E-commerce has empowered smallholders to sell most of their products at a higher price than before because of the elimination of the price squeeze from intermediaries and the marketing constraints of information asymmetry. The adoption by small holders is driving the growth of the agricultural e-commerce market. Request Brochure- https://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=77782 Unawareness and Poor System Infrastructure South America and Asia Pacific which are fastest growing regions face strong technological and digital gaps within the agricultural industry. The level of awareness among farmers or small sellers and the network infrastructure to smoothly run agricultural e-commerce at remote locations is not very effective. Unawareness about agricultural e-commerce and poor network infrastructure is hampering the growth of the market. Asia Pacific to Dominate the Global Agricultural E-commerce Market In terms of region, the global agricultural e-commerce market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific is expected to dominate the agricultural e-commerce market during the forecast period due to its strong dominance in the agricultural industry and increasing adoption of e-commerce platforms for selling agricultural products. Enquiry Before Buying- https://www.transparencymarketresearch.com/sample/sample.php? flag=EB&rep_id=77782 COVID-19 Impact on the Global Agricultural E-commerce Market The COVID-19 pandemic is expected to moderately impact the global agricultural e-commerce market for a short-term period. The gap within the supply chain and transportation has been affected adversely due to the lockdown in almost every region. Sudden stoppage of transportation service have led to huge
losses to e-commerce platforms. It is expected that COVID-9 will impact this market till the 2020 year end. Global Agricultural E-commerce Market – Competition Landscape
In July 2018, Indian Farmers Fertiliser Cooperative (IFFCO) partnered with Singapore-based technology firm iMandi to start an e-commerce platform for farmers with an investment of about US$ 10.5 Mn.
AgriBegri Trade Link Pvt Ltd Established in 2016, MIE Soluti AgriBegri Trade Link Pvt. Ltd provides seeds, fertilizers, pesticides, plant growth regulators, and irrigation and farming tools and equipment that are required in agriculture through an e-commerce platform. Get COVID-19 Analysis- https://www.transparencymarketresearch.com/sample/sample.php? flag=covid19&rep_id=77782 Global Agricultural E-commerce Market: Segmentation The global agricultural e-commerce market can be segmented based on:
Deployment
Platform Type
Region
Global Agricultural E-commerce Market, by Deployment Based on deployment, the global agricultural e-commerce market can be divided into:
Cloud
On-premise
Global Agricultural E-commerce Market, by Platform Type In terms of platform type, the global agricultural e-commerce market can be segregated into:
Mobile-based
Desktop-based
Regional analysis of the global agricultural e-commerce market includes:
North America
U.S.
Canada
Mexico
Rest of North America
Europe
Germany
U.K.
France
Russia
Italy
Spain
Nordics
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Singapore
Malaysia
South Korea
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America
More Trending Reports by Transparency Market Research – Intelligent Virtual Assistant Market: The use of speech recognition tools has been steadily rising in several networking applications notably in financial services, retail sector, and healthcare industry.
Providers of text-to-speech (TTS) software have reaped significant revenue gains from the demand for intelligent virtual assistant for wireless devices and consumer electronics for reading text content in websites. The intelligent virtual assistant market is projected to reach US$ 50.9 Bn by 2030. About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Rohit Bhisey Transparency Market Research 90 Sate Street, Suite 700, Albany, NY 12207 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com/