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Rural Activities Market 2024 Global Top Trends, Key Drivers, Share Analysis, Major Players, Segmentation And Forecast To 2033
Rural Activities Market
The Business Research Company's Rural Activities Global Market Report 2024 identifies Government Initiatives Fueling Growth as the major driver for the Rural Activities Market's growth in the forecast period. Government initiatives are anticipated to drive the expansion of the rural activities market in the future. Government initiatives refer to important acts or statements made by the government to solve a problem or address a particular issue. The government initiatives related to rural activities aim to improve the quality of life and economic opportunities for people living in rural areas by investing in infrastructure, high-speed internet access, policy recommendations, rural competitiveness and resilience, and rural transportation infrastructure.
The rural activities market size has grown strongly in recent years. It will grow from $2,489.52 billion in 2023 to $2,686.44 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to agricultural production, traditional crafts and artisanal production, hunting and fishing, forestry and logging, eco-tourism and agritourism.
The rural activities market size is expected to see strong growth in the next few years. It will grow to $3,625.1 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to sustainable agriculture, rural tourism and experiential travel, digital connectivity, renewable energy production, agribusiness diversification. Major trends in the forecast period include farm-to-table and local food movement, rural craft brewing and distilleries, community supported agriculture (csa), rural artisan markets, sustainable forestry and agroforestry.
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Major competitors in the Rural Activities Market are Land O'Lakes Inc., Nippon Suisan Kaisha Ltd., Maruha Nichiro Corporation, Olam International, Resolute Forest Products Inc., Rayonier Inc., Weyerhaeuser Company, Stora Enso Oyj, PotlatchDeltic Corporation, CELULOSA ARAUCO Y CONSTITUCIÓN S.A., Deere & Company, CNH Industrial N.V., Mahindra & Mahindra Limited, AGCO Corporation, DeLaval International AB, Vermeer Corporation, CLAAS KGaA mbH, Kubota Tractor Corporation, Massey Ferguson Limited, JCB Limited, Argo Tractors S.p.A., Valtra Oy, Zetor Tractors a.s., McCormick Tractors, New Holland Agriculture, KIOTI Tractor, Farmtrac Tractors Europe sp. Z o.o., Sonalika International Tractors Limited, Tractors and Farm Equipment Limited, Kuhn Group, Amazone Landtechnik GmbH & Co. KG, Andreas Stihl AG & Co. KG, Husqvarna Group, Simplicity Manufacturing LLC, AriensCo, Escorts Limited, Yanmar Co. Ltd., Agri-Fab Products Company.
A key trend in the Rural Activities Market includes Revolutionizing Fishing With Drone Technology. Drone fishing technology is the new technique that has made fishing easier than the traditional methods. A drone is a flying robot and an unmanned small aircraft with a ground-based controller and a system of communication between the two. It is being used for fishing as it can pull single baits out to spots that a person cannot normally reach and move multiple baited hooks to offshore locations. It is highly compatible and portable, requiring only one person to carry all the gear, and many remote controls have screens or LCDs for better viewing and fishing photography. For instance, Envirobotics, a New Zealand-based company, developed custom drones, especially for long-line fishing. The Splash Drone, developed in Florida, USA, is a waterproof fishing drone. Many other companies such as dronefishing.com, 3Dr.com, and TanotisIndia are involved in drone manufacturing for fishing purposes, indicating an increase in the number of suppliers providing fishing drones and their usage.
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The Rural Activities Market is segmented -
1) By Type: Fishing, Hunting And Trapping, Forestry And Logging, Agriculture And Forestry Services
2) By Offering: Hardware, Software, Services
3) By Application: Agriculture, Forestry, Other Applications
Subsegments Covered: Fishing, Hunting And Trapping, Logging, Timber Tract Operations, Forest Nurseries and Gathering of Forest Products, Crop Production Services, Animal Production Services, Forestry Services
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Rural Activities Market.
The Business Research Company's "Global Rural Activities Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Rural Activities Market Include:
1. Executive Summary
2. Rural Activities Market Characteristics
3. Rural Activities Product/Service Analysis -Product/Service Examples
4. Rural Activities Market Trends And Strategies
5. Rural Activities Market - Macro Economic Scenario
……
68. Global Rural Activities Market Competitive Benchmarking
69. Global Rural Activities Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Rural Activities Market
71. Rural Activities Market Future Outlook and Potential Analysis
72. Appendix
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