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Agribusiness Market worth $196.99 billion by 2030, growing at a CAGR of 8.33% - Exclusive Report by 360iResearch
Agribusiness Market | 360iResearch
The Global Agribusiness Market to grow from USD 112.47 billion in 2023 to USD 196.99 billion by 2030, at a CAGR of 8.33%.
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Agribusiness is the economic sector that combines all the processes involved in agricultural production, including farming, seed supply, agriculture, farm machinery, wholesale and distribution, processing, marketing, and retail sales. It encompasses all the steps required to bring an agricultural good to market, including production, processing, and distribution. Key drivers include increasing global food demand due to population growth, technological advancements in farming practices, and the expansion of agricultural trade. The adoption of precision agriculture techniques, which employ information technology and a range of items such as GPS guidance, control systems, sensors, robotics, drones, autonomous vehicles, variable rate technology, and automated hardware, is propelling productivity gains and efficiencies in farm operations. However, challenges, including climate change impacts, regulatory pressures, shifts in consumer preferences towards sustainable farming, and the need for supply chain transparency, further complicate the landscape. Maintaining profitability amid rising input costs and dealing with labor shortages also represent significant hurdles for agribusiness players. The sector has numerous opportunities, such as the development of sustainable and organic farming practices as a response to consumer demand, advancements in biotechnology for crop improvement, and the potential for expanding into emerging regions. Furthermore, key players are expected to focus on innovations in supply chain management, such as blockchain for traceability and the cultivation of bioenergy crops, due to an increased focus on renewable energy sources.
Market Segmentation & Coverage:
This research report categorizes the Agribusiness Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Products, market is studied across Dairy, Grains, Livestock, and Oilseeds. The Oilseeds is projected to witness significant market share during forecast period.
Based on Type, market is studied across Agricultural Input Suppliers, Farmer-Producers, and Processor- Wholesaler-Distributors, & Retailers. The Farmer-Producers is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Agribusiness Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Agribusiness Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Agribusiness Market, highlighting leading vendors and their innovative profiles. These include ABP Food Group, Bayer AG, Cargill, Incorporated, Corteva Agriscience, Cytiva, FGM International, Glanbia PLC, Godrej Agrovet Limited, Moy Park Limited, Nippon Soda Co., Ltd., Perdue Farms Inc., Poabs Group, Rallis India Limited, Rasi Seeds (P) Ltd., Syngenta Crop Protection AG, and TERRAMAX, INC..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Agribusiness Market, by Products
7. Agribusiness Market, by Type
8. Americas Agribusiness Market
9. Asia-Pacific Agribusiness Market
10. Europe, Middle East & Africa Agribusiness Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Agribusiness Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Agribusiness Market?
3. What is the competitive strategic window for opportunities in the Agribusiness Market?
4. What are the technology trends and regulatory frameworks in the Agribusiness Market?
5. What is the market share of the leading vendors in the Agribusiness Market?
6. What modes and strategic moves are considered suitable for entering the Agribusiness Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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