Agriculture has undergone a series of revolutions that have driven efficiency, yield and profitability. India’s agriculture industry has been collectively impacted, the hardest hit have been small farmers who operate out of leased agricultural land and capital taken on high interest rates.
It is impossible to predict what the long-term consequences of the COVID Pandemic will be. What we do know is that a more resilient food system is needed to improve agricultural sustainability and help supply chains withstand and respond to future crises. The good news is that agriculture is an industry used to rising to the challenge.
Post COVID-19, the global digital agriculture market size is estimated to grow from USD 5.6 billion in 2020 and is projected to reach USD 6.2 billion by 2021, recording a CAGR of 9.9%. Some of the major players in the global digital agriculture market are DTN (US), Farmers Edge (Canada), Taranis (Israel), Eurofins (Luxembourg), and AgriWebb (Australia).
Some of the leading online business and trading portals in the field of agriculture:-
- National Agriculture Market (eNAM) – https://www.enam.gov.in/web/
- Rashtriya e Market Services Pvt. Ltd. – http://www.remsl.in/
- TradeMagiX – https://www.trademagix.com/
- Agri Bazaar – https://www.agribazaar.com/home
- Krishi Market – https://www.krishi-market.com/
- Agmarknet – https://agmarknet.gov.in/
- Agrimp – https://agrimp.com/
- AgriBros – https://www.agribros.market/
- AgriBazaar – http://www.agribazaar.co/
Market forecasts for the next decade suggest a ‘digital agricultural revolution’ will be the newest shift which could help ensure agriculture meets the needs of the global population into the future
