Press release
Grain Farming Global Market Analysis, Trends, Growth, Research And Forecast 2033
Grain Farming Global Market
The Business Research Company presents an extensive market research report on the Grain Farming Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The grain farming market size has grown strongly in recent years. It will grow from $1455.37 billion in 2023 to $1585.15 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to mechanization and farm equipment, fertilizer and crop inputs, crop rotation practices, land use and availability, crop insurance programs, labor availability and costs.
The grain farming market size is expected to see strong growth in the next few years. It will grow to $2218.26 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to climate-resilient crops, digital farming platforms, sustainable practices, global food security, promotion of diversified crop rotations. Major trends in the forecast period include precision agriculture technologies, autonomous farming equipment, integration of digital farming platforms, genetically modified (gm) crops, digitalization of supply chain management.
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Key Market Players:
Major companies operating in the grain farming market report are Vilmorin & Cie SA, Cargill Incorporated, Archer-Daniels-Midland (ADM), Wilmar International Ltd., Bunge Limited, Louis Dreyfus, Olam International, Bayer AG, adische Anilin- und Sodafabrik SE, Nutrien Ltd, Syngenta AG, CJ Cheiljedang Corp., Associated British Foods plc, Corteva Inc., Seaboard Corporation, Scoular Company, Ingredion Incorporated, UPL Limited, Nisshin Seifun Group Inc., Gruma SAB de CV, Ardent Mills, KWS Saat SE, Grain Craft, Bay State Milling Co., Blaine Larsen Farms Inc., Hartung Brothers Inc., Noffsinger Manufacturing Co. Inc., Miller Milling Co., Village Farms International, Soufflet SA
Market Drivers:
The rising demand for organic food products is expected to propel the growth of the grain farming market going forward. Organic food products are agricultural and food items that are produced by specific organic farming practices by prioritizing environmentally sustainable and natural methods of farming by minimizing the use of synthetic chemicals. Organic food products use grain farming for providing organic grains that are used in various organic food products without synthetic pesticides or chemical fertilizers. For instance, in May 2023, according to Organic Trade Association a US based membership-based business association, the organic food sales in 2021 was 59,149 and this has increased to 61,670 in 2022.Therefore, the rising demand for organic food products is driving the growth of the grain farming market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/grain-farming-global-market-report
The grain farming market covered in this report is segmented -
1) By Type: Dry Pea And Bean Farming, Wheat Farming, Other Grain Farming
2) By Farming Process: Organic Grain Farming, Traditional Farming
3) By Application: Food And Beverages, Fodder, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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