Press release
2025 Crop Production Market Outlook: Key Indicators Shaping Growth Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Crop Production Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Recent years have seen a significant growth in the market size of crop production. It is projected to increase from $6208.71 billion in 2024 to $6772.21 billion in 2025, signaling a compound annual growth rate (CAGR) of 9.1%. The historical growth phase can be linked to factors like traditional agricultural methods, mechanization, use of chemical inputs, market liberalization, governmental subsidies, and changing climate conditions.
Crop Production Market Size Forecast: What's the Projected Valuation by 2029?
Anticipations are high for the crop production market to experience significant expansion in the upcoming years with its valuation forecasted to touch $9244.4 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.1%. The influence driving the growth during the prediction period includes genetic engineering, smart agricultural practices tailored to climate change, alternative sources of protein, regenerative farming practices, and circular economy models. Notable trends expected during this forecast period also comprise of digital farming platforms, biological methods of pest control, independent farming machinery, the application of artificial intelligence (AI) in crop monitoring, and varieties of crops that can withstand varying climatic conditions.
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What Are the Drivers Transforming the Crop Production Market?
The crop production market is projected to expand in the future, driven by increasing population growth. This growth concerns the rise in the number of individuals within a specific population or scattered group over a certain period. As the populace expands, it offers a chance for agricultural producers to take advantage of scale economies by manufacturing an increased amount of crops and marketing them at a reduced price per unit. For example, the U.S. Census Bureau's Vintage 2022, released by the United States' government bureau, points out that the population in the U.S. grew by 0.4% or 1,256,003, reaching 333,287,557 in 2022. Therefore, it's evident that population growth is propelling the crop production market's expansion.
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What Long-Term Trends Will Define the Future of the Crop Production Market?
Leading enterprises in the crop production market are implementing automated harvesters to boost their output, sustainability, and fortitude. Automated harvesters, which are unmanned machinery utilized in farming, are designed to enhance efficiency and minimize labor expenses. For example, in August 2023, Raven Industries Inc., an agriculture-focused firm from the US, introduced Raven Cart Automation. This autonomous farming innovation aligns the direction and velocity of the tractor with that of the combine for more efficient and fruitful grain cart harvesting. This tech is managed via a tablet-based platform for seamless control and optimization of grain cart harvest activities.
Which Segments in the Crop Production Market Offer the Most Profit Potential?
The crop production market covered in this report is segmented -
1) By Type: Grain Farming, Oilseed Farming, Fruit And Nut Farming, Vegetable Farming, General Crop Farming, Greenhouse, Nursery, And Flowers
2) By Farming Process: Organic Farming, Traditional Farming
3) By Application: Food And Beverages, Fodder
Subsegments:
1) By Grain Farming: Wheat, Corn, Rice, Barley, Oats
2) By Oilseed Farming: Soybeans, Sunflower, Canola, Peanuts
3) By Fruit And Nut Farming: Citrus Fruits (Oranges, Lemons), Berries (Strawberries, Blueberries), Tree Nuts (Almonds, Walnuts), Tropical Fruits (Bananas, Mangoes)
4) By Vegetable Farming: Leafy Vegetables (Lettuce, Spinach), Root Vegetables (Carrots, Potatoes), Legumes (Beans, Peas)
5) By General Crop Farming: Cotton, Sugarcane, Tobacco
6) By Greenhouse, Nursery, And Flowers: Ornamental Plants, Flowers, Foliage Plants, Seedlings And Saplings
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Which Firms Dominate the Crop Production Market by Market Share and Revenue in 2025?
Major companies operating in the crop production market include Sinochem Group, Cargill Incorporated, BASF SE, Wilmar International Ltd., Bunge Limited, Olam Group, Bayer AG, CHS Inc., Nutrien Ltd., Syngenta AG, Agrium Inc., Associated British Foods plc, Corteva Inc., The Monsanto Company, CF Industries Holdings Inc., Israel Chemicals Ltd., The Amaggi Group, J.R. Simplot Company, UPL Limited, Nufarm Limited, Groupe Roullier, The Scoular Company, Gotham Greens Company, Birdsong Peanut Company, Baker Creek Heirloom Seed Company, Yara International ASA, Mosaic Company, Archer Daniels Midland Co., Bangladesh Rural & Advancement Committee
Which Regions Offer the Highest Growth Potential in the Crop Production Market?
Asia-Pacific was the largest region in the crop production market in 2024. Western Europe was the second largest region in the crop production market. The regions covered in the crop production market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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