Press release
Exploring Growth Opportunities in Agriculture and Forestry Services Market: 2024 Worldwide Outlook
"Promising Trends, Key Players, and Driving Factors in Global Agriculture and Forestry Services Market Propelling Market Value to $388.41 Billion in 2025 with CAGR of 8.0%.
What Is The Projected Market Size Of The Global Agriculture and Forestry Services Global Market Report 2024 And Its Growth Rate?
• The global agriculture and forestry services market is experiencing strong growth and is projected to grow from $359.67 billion in 2024 to $388.41 billion in 2025 at a compound annual growth rate (CAGR) of 8.0%.
• Constant growth in the market can be attributed to factors such as land use and agricultural practices, environmental regulations, market demand for agricultural products, weather and climate patterns, government policies and subsidies.
• The market size is predicted to see robust growth in the next few years, growing to $527.47 billion in 2029 at a CAGR of 8.0%.
• The growth in the forecast period can be attributed to factors such as climate change adaptation, sustainable practices, global food security concerns, biodiversity conservation, and global population growth.
What Is Driving The Growth In The Agriculture and Forestry Services Global Market Report 2024?
The rise in environmental concerns is expected to drive the growth of the agriculture and forestry services market. These concerns include climate change, pollution, soil, water and air degradation, greenhouse gas trapping, and reduced soil fertility. Agricultural and forestry services assist farmers in sustainable farming, providing solutions for climate change, soil fertility reduction, and water, pesticide, fertilizer, and herbicide management. An example is the announcement by the European Court of Auditors in September 2024, aiming to increase the portion of the EU's farmed organic agricultural land to 25% by 2030, a significant rise from 10.5% in 2022.
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Who Are the Key Players Driving Agriculture and Forestry Services Global Market Report 2024 Growth?
• Cargill Incorporated
• Dairy Farmers of America Inc.
• Bayer AG
• West Fraser Timber Co. Ltd.
• Hancock Victorian Plantations Holdings Pty Limited
• Forestry Corporation of NSW
• Rayonier Inc.
• China Forestry Group Corporation
• Tilhill Forestry Ltd.
• Arbor Forest Management Ltd.
• SWS Forestry Services Ltd.
• Premier Woodlands Ltd.
• Purser Tarleton Russell Ltd.
• Stora Enso Oyj
• Ecoplan Forestry Ltd.
• Archer Daniels Midland Company
• Syngenta AG
• BASF SE
• Monsanto Company
• Deere & Company
• The Mosaic Company
• CHS Inc.
• Tyson Foods Inc.
• Dow AgroSciences LLC
• DuPont de Nemours Inc.
• Agrium Inc.
• Potash Corporation of Saskatchewan Inc.
• The Andersons Inc.
• Agco Corporation
• The Scotts Miracle-Gro Company
• The Toro Company
• CNH Industrial N.V.
• Kubota Corporation
• Olam International Ltd.
• International Paper Co.
• Sumitomo Forestry Co. Ltd.
• UPM-Kymmene Corp.
• UFP Industries Inc.
What Are The Key Trends In The Agriculture and Forestry Services Global Market Report 2024?
• Launch of agritech startups
• Increased adoption of remote sensing
• Rising demand for agricultural analytics
• Use of blockchain in supply chain management
• Uptake of forestry management and sustainable logging practices
What Are The Segments Of The Global Agriculture and Forestry Services Global Market Report 2024?
• By Type: Timber Production, Wood Technology, Forestry Economics And Marketing, Other Forestry Services
• By Nature: Organic, Conventional
• By Application: Construction, Industrial Goods
Which Region Leads The Agriculture and Forestry Services Global Market Report 2024?
North America was the largest region in the agriculture and forestry services market in 2024. The market report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Agriculture and Forestry Services Global Market Report 2024 Global Market Report?
- Market Size Analysis: Analyze the Agriculture and Forestry Services Global Market Report 2024 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Agriculture and Forestry Services Global Market Report 2024 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Agriculture and Forestry Services Global Market Report 2024 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Agriculture and Forestry Services Global Market Report 2024.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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