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Field mapping accounted for the fastest-growing smart management system market in , by value, in the digital agriculture market, as it is the most preferred and adopted way of digital agriculture nowadays. It allows the farmers and growers to monitor the whole farm area through satellite imaging and regulate the processes accordingly. The COVID situation is expected to increase the adoption of the field mapping system, because it allows the farmers to regulate the farm processes remotely without taking unnecessary field trips.
The current guidelines of social distancing and prohibition for not getting out from home demand the adoption of such systems, which can help farmers to undertake agricultural activities smoothly. Asia-Pacific is projected to be the fastest-growing in the digital agriculture market during the forecast period.
The Asia Pacific region segment is to be the fastest-growing market through , by value, in the digital agriculture market. Asia Pacific accounts for the most populated countries such as China and India with increasing demand for agricultural products.
The government policies supporting the digitization of farm processes and the need for efficient usage of natural resources, along with decreasing availability of migrant laborers, are expected to increase the adoption of digital agriculture techniques. Research Coverage This report covers the COVID impact on the digital agriculture market based on customer analysis, growth opportunities, short- and mid-term strategies, smart farming system type, end use application, and geography.
A detailed analysis of key industry players has been done to provide insights into their business, COVID impact and services, and key strategies associated with the digital agriculture market. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Subscribe via RSS. Total meat consumption will also decline in , due to the global recession and to the lingering impact of the African Swine Fever outbreak on meat availability and prices.
Poultry meat consumption will rise this year given its affordability, but both pork and beef meat consumption will decline. FSG is solely responsible for the content of this report, without any input from Fitch Ratings. Thank you for your enquiry. Your message has been sent successfully. It has been forwarded to the relevant department and will be dealt with as soon as possible. Thank you for registering. To read the article please click on the link we have sent to your email address.
Upstream operations have been carrying on without major hurdles so far this year and we forecast global production to rise across commodities in CY, except cotton. Disruptions to food manufacturing meat processing in particular have been more salient in March-June, but have settled in recent months. Exporters will see a more challenging and uncertain trade outlook. Key exporters US, EU, etc will have to navigate a volatile global regulatory environment.
Countries that stand to benefit from the diversification in imports include secondary providers: South East Asia exporters, Black Sea exporters, Brazil, Mexico, Peru, Chile, etc. In terms of agtech categories: supply chain improvements and automation will receive a boost. Africa, less developed markets in Asia will struggle to expand mechanisation due to strong structural constrains.
Greater emphasis on local origin products. Exporting countries Increased momentum to healthification trend. In terms of countries, providers of products viewed as 'healthier' or of higher quality would benefit Australia , providers of fresh products US, Spain, Mexico, Chile, Vietnam, etc , EU fresh products producers will also benefit with the F2F strategy. In DMs: demand for red meat and sugar is plateauing and will soon trend lower, which will impact Latin American exporters.
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