Press release
Grain Farming Industry Outlook 2025-2029: Market Set to Cross $1633.78 Billion Milestone
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Grain Farming Market Size By 2025?
In the past few years, the size of the grain farming market has significantly expanded. It is projected to rise from $1139.2 billion in 2024 to $1226.32 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.6%. Factors such as mechanization and farm equipment, fertilizer and crop inputs, crop rotation practices, land use and availability, crop insurance programs, as well as labor availability and costs have contributed to the market's growth during the historic period.
How Big Is the Grain Farming Market Size Expected to Grow by 2029?
The market size for grain farming is projected to experience robust expansion in the upcoming years. The market's worth is anticipated to surge to $1633.78 billion in 2029, with a compound annual growth rate (CAGR) of 7.4%. Factors contributing to the growth during the forecast period are the advent of climate-resilient crops, the use of digital farming platforms, the implementation of sustainable practices, an emphasis on global food security, and the endorsement of varied crop rotations. The key trends predicted for the forecast period comprise precision agriculture technologies, self-governing farming equipment, the amalgamation of digital farming platforms, genetically engineered (GM) crops, and the digitization of supply chain management.
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Which Key Market Drivers Powering Grain Farming Market Expansion and Growth?
Anticipated expansion in the grain farming market is linked to the increasing consumer preference for organic food products. These products, derived from agriculture, follow strict organic farming methods that emphasise environmental sustainability over the use of synthetic chemicals. Grain farming plays a substantial role in producing these organic grains, eschewing synthetic pesticides and chemical fertilizers. Back in July 2024, IFOAM - Organics International, a non-profit organisation based in Germany, reported that the land allocated for organic farming globally had grown by over 20 million hectares since 2022, totalling 96 million hectares. This surge in demand for organic food products is contributing significantly to the upswing in the grain farming market.
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What Trends Will Shape the Grain Farming Market Through 2029 and Beyond?
Leading firms in the grain farming sector have shifted their focus toward the innovation of new products such as GrainBank, ensuring reliable services for their patrons. GrainBank holds substantial significance in grain farming as it offers a post-harvest solution for small and marginal farmers. An example of this was seen in October 2023, when Ergos, a consultation service provider for agricultural supply chains based in India, introduced GrainBank. This platform gives farmers the convenience to store and retrieve individual bags of grains while maintaining uniform grain quality and digitizing the entire supply chain. GrainBank also facilitates doorstep availability of comprehensive post-harvest supply chain solutions, including storage, financing, and market linkages.
What Are the Emerging 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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Who Are the Global Leaders 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 are the Top Profitable Regional Markets for the Grain Farming Industry?
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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