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Grain Farming Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Grain Farming Market Through 2025?
The market size of grain farming has experienced substantial growth in the past few years. Predictions suggest an increase from $1582.06 billion in 2024 to $1731.5 billion in 2025, with a compound annual growth rate (CAGR) of 9.4%. The historical growth can be tied back to factors such as the use of machinery and farm equipment, fertilizers and crop inputs, crop rotation methods, land accessibility and usage, crop insurance schemes, and the availability and cost of labor.
What's the Projected Size of the Global Grain Farming Market by 2029?
The size of the grain farming market is predicted to experience significant expansion in the upcoming years. An anticipated compound annual growth rate (CAGR) of 8.8% forecasts the market to rise to $2425.4 billion by 2029. This expansion throughout the forecast period can be credited to the development of climate-resilient crops, the adoption of digital farming platforms, the implementation of sustainable practices, the concern for global food security, and the encouragement of diverse crop rotations. The forecast period is also expected to be marked by the prevalence of precision agriculture technologies, independent farming gear, the amalgamation of digital farming platforms, genetically engineered (GM) crops, and the digital transformation of supply chain management.
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Top Growth Drivers in the Grain Farming Industry: What's Accelerating the Market?
The growing preference for organic food products is forecasted to drive the expansion of the grain farming market. Organic food products, made through distinct organic farming practices that focus on environmental sustainability and natural farming methods, significantly reduce the use of synthetic chemicals. Grain farming is essential for these products, supplying organic grains that are free from synthetic pesticides and chemical fertilizers. For instance, IFOAM - Organics International, a non-profit organization based in Germany, reported that in 2022, the overall space reserved for organic farming globally increased by over 20 million hectares, reaching a total of 96 million hectares. As such, the escalating demand for organic food items is propelling the grain farming market's growth.
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What Trends Will Shape the Grain Farming Market Through 2029 and Beyond?
Leading businesses in the grain farming sector are concentrating on developing innovative products like GrainBank, designed to offer dependable services to their clientele. GrainBank has emerged as a crucial element in grain farming, serving as a post-harvest solution for small-scale and marginal farmers. For example, in October 2023, Ergos, a company based in India offering agriculture supply chain consultancy services, introduced GrainBank. This platform gives farmers the leeway to deposit and extract even a single sack of grains, ensuring consistent grain quality and transitioning the entire supply chain process to digital. The features provided by GrainBank encompass comprehensive post-harvest supply chain solutions at your doorstep, from storage and funding, to connections to the market.
What Are the Main Segments in the Grain Farming Market?
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
Subsegments:
1) By Dry Pea And Bean Farming: Dried Peas, Dried Beans
2) By Wheat Farming: Hard Red Winter Wheat, Soft Red Winter Wheat, Durum Wheat, Other Wheat Varieties
3) By Other Grain Farming: Barley Farming, Oat Farming, Corn Farming, Rye Farming, Other Specialty Grains
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Which Top Companies are Driving Growth in the Grain Farming Market?
Major companies operating in the grain farming market include 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., Miller Milling Co., Soufflet SA
Which Regions Will Dominate the Grain Farming Market Through 2029?
Asia-Pacific was the largest region in the grain farming market in 2024. North America was the second-largest region in the grain farming market. The regions covered in the grain farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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