MARKET OVERVIEW- GLOBAL POST HARVEST QUALITY CONTROL SOFTWARE MARKET
Nowadays different digital solutions like software, websites, and mobile applications and computers programs are available to help farmers make more informed operational and production decisions. Advanced software solutions are particularly beneficial for farmers and agricultural producers for the assessment and modulation of post-harvest quality control aspects. These software solutions helps in reduction of input and labor costs, better risk management, prevent crops from microbial contamination, improve storage, provide easy and accurate traceability of growth of agricultural produce. The growth of the global Post-Harvest Quality Control Software market is fuelled by increase in demand for exotic fruits and vegetables due to a boom in the hospitality industry as more people are preferring exotic fruits and vegetables as they travel to different places and enjoy hospitality services around the world. Also, the growing awareness among farmers about the benefits associated with advanced technologies such as IoT, and artificial intelligence is expected to drive the market growth. Additionally, product launches, collaboration, and contracts are anticipated to provide an ample opportunity for the market players during the forecast period.
MARKET DRIVERS
The growth of the global Post-Harvest Quality Control Software market is primarily driven by rising demand for exotic fruits and vegetables due to a boom in the hospitality industry. There has been a gradual increase in the demand for the imported varieties of exotic vegetables and fruits all over the globe, which have been growing every year. More people nowadays are preferring exotic fruits and vegetables as they travel to different places and enjoy hospitality services. The exotic vegetables and fruits needs a lot of care due to high susceptibility towards pests and diseases. Since these are high-value crops, they are grown in a protected environment. Advanced software is very useful to prevent microbial contamination, improve storage capacity and maintain freshness. This is a major factor which is expected to fuel the growth of the market. Also, the growing awareness among farmers about the benefits associated with advanced technologies such as IoT, artificial intelligence is anticipated to drive the market growth over the estimated time period.
MARKET OPPORTUNITIES
The market is expected to have new opportunity with the technological advancements and ongoing R&D activities involved in development of quality software for post-harvest agricultural processes. This is expected to provide ample of new growth opportunity in the market during the forecast period. Additionally new product launches, collaborations, and contracts are anticipated to provide an ample opportunity for the market players during the forecast period.
MARKET RESTRAINTS
The market is expected to have major restraining factors like lack of awareness and knowledge about the software among the agricultural producers and expertise and a lack of advanced infrastructure in the developing nations. Most of the farmers have less information about the use of software for Post-Harvest quality control. Also, there are significant number of farmers who are reluctant to use these software services and this factor is expected to acts as a hurdler for the market growth over the forecast period. Besides, lack of advanced infrastructure among developing nations in countries in Latin America and Asia is another factor restraining the market growth.
MARKET GROWTH CHALLENGES
Major challenge faced by the farmers in implementing post-harvesting technologies market is the high cost of implementation of software and ensuring data privacy and security. The cost of establishing post harvesting technologies in farms is too high, due to its features and installations. Furthermore, high level of technical skills is required for the installation and maintenance of post harvesting technologies. These factors are expected to pose key challenges for the market growth over the forecast the period.
CUMULATIVE GROWTH ANALYSIS
The report provides in-depth analysis of global Post-Harvest Quality Control Software market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for different software in various post-harvest applications has led the increasing demand for market and is expected to witness the growth at a specific CAGR from 2021-2028.
POST HARVEST QUALITY CONTROL SOFTWARE MARKET SEGMENTAL OVERVIEW
The global Post-Harvest Quality Control Software market comprises of different market segments like delivery models, service providers and geography.
POST HARVEST QUALITY CONTROL SOFTWARE MARKET BY DELIVERY MODELS
By delivery models, the Post-Harvest Quality Control Software includes key segments of
- Local/Web Based
- Cloud Based
Local/web based software segment is expected to dominate the market over the forecast period. The web technology, can benefit decision-making and various activities in agriculture. It allows farmers to predict various natural factors such as rainfall and temperature in a given location in advance. It helps them prepare in advance and take the necessary steps to avoid crop failures. The web application also includes agriculture data analytics which helps a farmer gain better understanding through graphs. Therefore, due to these key factors, the web based software is expected to witness highest growth over the forecast period. The cloud software segment is expected to witness significant growth over the forecast period. Cloud based software includes software as a service (SaaS) and platform as a service (PaaS). Cloud computing in agriculture can be used to aggregate data from tools like soil sensors, satellite imagery, and weather stations to help farmers make better decisions about managing their crops. Cloud analytics capabilities also help farmers understand their production environment.
POST HARVEST QUALITY CONTROL SOFTWARE MARKET BY SERVICE PROVIDERS
The Post-Harvest Quality Control Software market includes major service providers like
- Farm Operation Services
- Data Services
- Analytics Services
- Supply Chain Management Services
- Climate Information Services
- Connectivity Service Providers
- Maintenance
- Others
The data service segment is expected to dominate the market over the forecast period. The data based- digital tools can be used by governments for implementing, evaluating compliance for existing policies and programs and improving future programs. Farmers, scientists, research centers and governments have always been recording data relevant for their work, e.g. crops yields, water usage, fertilizer and pesticide applications, input costs, market prices and major weather events. Thus, due to the essential role of data service providers for different post-harvest farming purposes, the data service providers are expected to witness highest growth over the forecast period.
The farm operation services segment is expected to witness significant growth over the forecast period. Farm management service ensures making and executing the decisions involved in organizing and managing a farm for maximum production and profit. Farm management uses agricultural economics for information on prices, markets, agricultural policies, and economic institutions such as leasing and credit. Farm management service can provide efficient quality control software for post-harvest farming. Therefore, the farm management service segment is expected to witness significant growth over the forecast period.
POST HARVEST QUALITY CONTROL SOFTWARE MARKET BY GEOGRAPHY
The global Post-Harvest Quality Control Software market is studied for the following regions
- North America
- Europe
- Asia-Pacific
- Rest of the world (RoW)
The North American region is projected to lead the market during the forecast period. The growth of the market in North America can be attributed to rapid urbanization, change in lifestyle, expansion of the agricultural sector, growing investments and government initiatives that positively impact the post-harvest quality control software market. To reduce waste and increase profit, the demand for quality control software has increased in the region. The growing adoption of cloud computing for real-time data management, a growing population and its attendant increase in food demand, and strengthened intellectual property protection for agricultural innovations. These are some of the factors driving the market for post-harvest quality control software market in North America.
Asia-Pacific region is expected to witness fastest growth over the projected time period. . The Asia-Pacific consists of major countries like China, India, Japan, South Korea, etc. These countries are known to be the fastest developing countries in the field of software in the region. The growing focus on smart agriculture, is a major factor which is expected to drive the growth of the market in the region. Also, increasing adoption of technologies such as the Internet of Things (IoT), and artificial intelligence (AI) in agriculture is expected to provide an ample opportunity for the market in this region.
COVID-19 IMPACT ANALYSIS ON GLOBAL POST HARVEST QUALITY CONTROL SOFTWARE MARKET
Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the global Post-Harvest Quality Control Software market. In addition, complete analysis of changes on the global Post Harvest Quality Control Software market expenditure, economic and international policies on supply and demand side is provided in this exclusive report. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market.
The global COVID-19 pandemic has impacted the agriculture sector around the world. The major issues that have aroused due to the pandemic include supply chain disruptions, poor access to agricultural inputs and services, perishability of the products due to limited access to market and insufficient post-harvest handling services. But on the other side, more people are using digital solutions and advanced software services due to the pandemic. In addition, companies are adopting new approaches to develop and provide more convenient tools to combat an increasing food demand. This is expected to create new opportunities for key players in the market in the upcoming years.
COMPETITIVE LANDSCAPE ANALYSIS
The competitive landscape analysis of Post-Harvest Quality Control Software market is majorly focused on expanding the global growth of post-harvest quality control software industry with new product innovation, business expansion, increasing presence of range of manufacturer operating in post-harvest quality control software sector has led the growing demand for the market. Besides, the market offers range of products in different application to fulfil the required demand of consumer which is further contributing healthy growth in the market.
The key players studied in market are
- Clari Fruit
- Redfords
- Agrofresh
- Farm Soft
- Fresh Max
- Produce Pro Software.
- iFoodDS
- Croptracker
- Jolt
RECENT DEVELOPMENT:
June 2022: AgroFresh Company had developed FreshCloud software. It is a digital platform for professionals that helps optimize fruit quality and reduce waste.
June 2022: Krishify, an agritech startup, had launched a SaaS (software as a service) tool “Krishify Business Suite” helping businesses to connect, engage and transact with farmers. Companies can use the tool to market their products on the platform and strengthen brand awareness by running advertising and marketing campaigns. Additionally, it can function as a data centre for businesses to discover farmers across the nation and get “granular” insights on farmers’ demographics. It also allows businesses to handle inquiries from farmers through a form, which can be published alongside content on the Krishify App.
