Agriculture and Forestry Services Market Poised to Hit $495.73 Billion by 2029 with Accelerating Growth Trends

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Agriculture and Forestry Services Market Size Growth Forecast: What to Expect by 2025?
The market size for agriculture and forestry services has been experiencing robust growth in the past few years. The market, which was valued at $353.32 billion in 2024, is expected to expand to an estimated $378 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.0%. The historical growth in this market is credited to factors such as land utilization and farming methods, environmental norms, consumer demand for farm products, meteorological and climatic trends, as well as government strategies and financial aid.

How Will the Agriculture and Forestry Services Market Size Evolve and Grow by 2029?
The market size of agriculture and forestry services is projected to significantly expand in the coming years, with a compound annual growth rate (CAGR) of 7.0% to reach $495.73 billion by 2029. This predicted growth within the forecast period can be credited to factors such as adaptation to climate change, an increasing emphasis on sustainable practices, concerns about global food security, efforts towards biodiversity conservation, and the rise of the global population. The forthcoming period is also expected to see notable trends such as the rise of agritech startups, greater implementation of remote sensing, an increased need for agricultural analytics, the employment of blockchain in supply chain management, as well as forestry management and sustainable logging practices.

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What Drivers Are Propelling the Growth of Agriculture and Forestry Services Market Forward?
Expectations are that the growing concerns over the environment will provoke expanded growth in the agriculture and forestry services market. These environmental concerns encompass climate change, contamination, soil, water and air degradation, greenhouse gas emissions, and diminishing soil fertility. Agriculture and forestry services assist farmers in practicing sustainable farming, enabling them to reduce their impact on the environmental issues, supplying solutions for managing climate changes and a decline in soil fertility, and providing guidance on the use of water, pesticides, fertilizers, and herbicides. A case in point is that in September 2024, the European Court of Auditors, a government agency situated in Luxembourg, announced that the goal was for 25% of the EU's agricultural land to be organically farmed by 2030, an immense leap from just 10.5% in 2022. As such, the mounting concerns for the environment are fueling the growth of the agriculture and forestry services market.

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Which Emerging Trends Are Transforming the Agriculture and Forestry Services Market in 2025?
The realm of agriculture and forestry services is increasingly embracing technological advancements. Real-time data and information from digital checklists provided by farm management software help in monitoring daily farming activities and enhancing decision-making in all operations. Numerous key players in this market are laying emphasis on the enhancement of their products and related services to expand their market footprint. Take for example, Bushel, an American agriculture software company, which in March 2023 introduced Bushel Farm. This next-generation farm management software can auto-fill individual grain sales data, thereby improving operational and functional performance on the farm. It digitalizes and quickens the information flow through the agriculture supply chain. By eliminating the need for manual entry, the software delivers valuable grain marketing insights to farmers and fosters collaboration between farmers and buyers.

What Are the Key Segments in the Agriculture and Forestry Services Market?
The agriculture and forestry services market covered in this report is segmented -

1) By Type: Timber Production, Wood Technology, Forestry Economics And Marketing, Other Forestry Services
2) By Nature: Organic, Conventional
3) By Application: Construction, Industrial Goods

Subsegments:
1) By Timber Production: Timber Harvesting, Log Transportation, Timber Processing
2) By Wood Technology: Wood Products Manufacturing, Wood Preservation Techniques, Composite Wood Materials
3) By Forestry Economics And Marketing: Market Analysis And Forecasting, Cost-Benefit Analysis, Timber Pricing Strategies
4) By Other Forestry Services: Reforestation Services, Forest Management Consulting, Wildlife Habitat Management

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Who Are the Key Players Shaping the Agriculture and Forestry Services Market's Competitive Landscape?
Major companies operating in the agriculture and forestry services market include 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 Geographic Markets Are Powering Growth in the Agriculture and Forestry Services Market?
North America was the largest region in the agriculture and forestry services market in 2024. The regions covered in the agriculture and forestry services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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