What Is Agriculture Value Chain

A vca can identify the share of value adding and the risks faced by each actor.

Agriculture in india video. A value chain approach in agricultural development helps identify weak points in the chain and actions to add more value. It can identify weaknesses that prevent progress and suggest actions for improvement. The goal of the global agribusiness value chain which spans input companies through to the final consumer1 and has a total value of around us5 trillion is to provide sustainable access to affordable food feed fibre and more recently fuel.

The agricultural value chain concept has been used since the beginning of the millennium primarily by those working in agricultural development in developing countriesalthough there is no universally accepted definition of the term it normally refers to the whole range of goods and services necessary for an agricultural product to move from the farm to the final customer or consumer. Although there is no universally accepted definition of the term it normally refers to the whole range of goods and services necessary for an agricultural product to move from. Value chains help increase a businesss efficiency so the business can deliver the most.

They offer the opportunity to capture added value at each stage of the production marketing and consumption process. An agricultural value chain is defined as the people and activities that bring a basic agricultural product like maize or vegetables or cotton from obtaining inputs and production in the field to the consumer through stages such as processing packaging and distribution. The agricultural value chain concept has been used since the beginning of the millennium primarily by those working in agricultural development in developing countries.

1 value chain definitions and characteristics world business council for sustainable development wbcsd value chains are an integral part of strategic planning for many businesses today. 1 smallholder farmers need to better engage with value chains in order to gain added value for improving their livelihoods whilst reducing their. However this goal is getting harder to achieve every year due to.

A value chain is a step by step business model for transforming a product or service from idea to reality. The aim is to grow the entire value chain improving the living standards of all. Agriculture is the principal source of livelihood for over 50 of the indian population while only contributing 17 of the indian gdp.

A value chain refers to the full life cycle of a product or process including material sourcing production consumption and disposalrecycling processes. In rwanda for example analysis of the dairy value chain identified.