A surge in the development of agricultural infrastructure, as well as the implementations of several government programs in countries such as India, China, etc., is anticipated to boost the revenue growth of this target market.

Market.US announces the publication of its most recently generated research report titled, “Global E-commerce of Agriculture Products Market  by Product Type (Agricultural Seeds, Agricultural Fertilizers, Agricultural Pesticides), by Service (Business-to-Business (B2B), Business-to-Consumer (B2C)), which offers a holistic view of the Global E-commerce of Agriculture Products Market through systematic segmentation that covers every aspect of the target market.

Global E-commerce of Agriculture Products Market is projected to be US$ 9,714.6 Mn in 2021 to reach US$ 17,308.3 Mn by 2031 at a CAGR of 6.0%.

E-commerce, or electronic commerce, refers to commercial transactions related to various goods or services that are conducted electronically through the internet. It involves buying and selling consumer products, marketplace services and customer support, apart from other activities, such as online auctions, payment gateways, online ticketing, and internet banking solutions.

The exponential growth of e-commerce industry is primarily attributed to the proliferation of the internet, particularly in developing and underdeveloped countries.

Due to easy accessibility of the internet, several individuals benefit from these online services, including the e-commerce sector. According to the statistics published by internetworldstats.com, approximately 5.05 billion people have access to some form of internet. With the consistent proliferation of the internet, growing awareness levels concerning the e-commerce industry, as well as improving consumer spending capacities, are expected to further augment market growth prospects for this global sector.

To learn more about E-commerce of Agriculture Products Market (Research Methodology), Go to our Affiliate link: 

Global e-commerce of agriculture products market Revenue (US$ Mn), 2021-2031

Rapid urbanization levels across the globe is another key factor that is steering the revenue trajectory of this market in the right direction. Furthermore, the increasing penetration of the internet and the usage of devices, such as smartphones, laptops and tablets to access e-commerce portals, are also expected to lend a boost to this market’s growth.

E-commerce enables organizations to conduct business without maintaining a physical presence, thereby minimizing the communication process and potential overhead costs.

surge in the development of agricultural infrastructure, as well as the implementations of several government programs in countries such as India, China, etc., is also anticipated to boost the revenue growth of this target market.

For instance, the Indian government has started the Electronic National Agriculture Market (e-NAM), which constitutes a perfect example of e-commerce of agricultural marketing in India. It can be differentiated from popular e-commerce portals as it only involves B2B trade where general e-commerce primarily involves B2C trade.

Global e-commerce of agriculture products market Attractiveness Analysis by Product Type, 2015–2031

Segmentation of the global e-commerce of agricultural products market is achieved under the following – product type, service, and region. On the basis of product type, this market is further categorized into agricultural seeds, agricultural fertilizers, and agricultural pesticides. The agricultural fertilizers sub-segment is expected to account for a major share of this market in terms of revenue, followed by the agricultural pesticides sub-segment.

In terms of service, this industry is segmented into Business-to-Business (B2B) & Business-to-Consumer (B2C). The B2B sub-segment is expected to generate the highest revenue share of this target market. The global e-commerce of agricultural products market is segmented region-wise into - North America, Europe, Asia-Pacific, South America, and the MEA.

Among these aforementioned regions, the markets in the Asia-Pacific segment are expected to register the highest number of revenue shares, followed by those in North America and Europe.

The research report on the Global e-commerce of agriculture products market includes profiles of some of the major companies

• Walmart Inc.
• Amazon.com Inc.
• Alibaba Group Holding Ltd.
• IndiaMART Intermesh Ltd.
• BigHaat
• Bigbasket
• Ugaoo
• AgriBegri Trade Link Pvt Ltd
• Agrosiaa Agri-commodities Online Services Llp
• Krishibazaar
• others

Segmentation for global e-commerce of agriculture products market based on Product Type, Service, and Region

Based on Product Type:

• Agricultural Seeds
• Agricultural Fertilizers
• Agricultural Pesticides

Based on Service:

• Business-to-Business (B2B)
• Business-to-Consumer (B2C)

Based on Region:

• North America
• Europe
• Asia Pacific
• South America
• MEA