Segmentation, Major Trends, and Competitive Overview of the Agriculture and Forestry Services Market

The agriculture and forestry services sector is poised for remarkable expansion in the coming years, driven by increasing environmental awareness and technological advancements. As the world shifts its focus toward sustainability and climate resilience, this market is set to experience substantial growth and innovation. Let's explore the market's size, key players, emerging trends, and the detailed segments shaping its future.

Projected Growth and Market Size of Agriculture and Forestry Services by 2030
The agriculture and forestry services market is forecasted to reach a value of $532.22 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.1%. This anticipated rise is fueled by a shift toward sustainable forestry methods, heightened significance of carbon credit trading, expanding investments in wood technology innovations, and a growing demand for forest conservation services. Additionally, the market benefits from increased efforts in climate-focused land management practices. Over the forecast period, important trends include broader adoption of sustainable forestry and land preservation, increased attention on carbon capture and forestry that withstands climate impacts, wider implementation of timber certification and traceability initiatives, rising interest in premium wood products and processing services, and greater utilization of expert forestry management and advisory offerings.

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Leading Companies Steering the Agriculture and Forestry Services Market
Several prominent companies are key players within the agriculture and forestry services industry. These include West Fraser Timber Co. Ltd., Hancock Victorian Plantations, 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., International Paper Co., Sumitomo Forestry Co. Ltd., UPM-Kymmene Corporation, UFP Industries Inc., Weyerhaeuser Company, Holmen AB, Resolute Forest Products, Nippon Paper Industries, Canfor Corporation, Domtar Corporation, Arauco, Mercer International, and Mondi Group.

In a notable development, New Forests, an Australian firm specializing in investment management focused on nature-based assets, acquired Rance Timber in September 2025. This acquisition, for an undisclosed amount, is designed to strengthen New Forests' presence in Sub-Saharan African forestry and to tap into an established timber product supply chain in South Africa. Rance Timber is a sawmilling company based in South Africa that provides agriculture and forestry services.

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How Sustainability and Technology Spur Growth in Agriculture and Forestry Services
Sustainability efforts are increasingly shaping the agriculture and forestry services market, motivating companies to adopt greener approaches and responsible land management practices. This drive toward environmental stewardship supports ecosystem preservation and addresses climate change concerns. As a result, professional forestry management and conservation services are gaining widespread acceptance.

On the technology front, artificial intelligence (AI) plays a growing role in transforming agriculture and forestry services. Incorporating AI helps optimize operations, improve decision-making accuracy, and boost overall efficiency while promoting sustainable practices. For example, in July 2024, Google introduced the Agricultural Landscape Understanding (ALU) tool in India. This innovation uses high-resolution satellite imagery and machine learning algorithms to deliver detailed agricultural data, such as precise field boundaries, crop types, field sizes, and proximity to water and markets. These insights enable better irrigation planning and drought mitigation, tailored to specific agricultural needs.

Detailed Segments in the Agriculture and Forestry Services Market
This market is organized into several critical segments to better understand its scope and opportunities:

By Type:
- Timber Production
- Wood Technology
- Forestry Economics and Marketing
- Other Forestry Services

By Nature:
- Organic
- Conventional

By Application:
- Construction
- Industrial Goods

Further breakdown includes:

For Timber Production: Timber harvesting, log transportation, and timber processing.
Within Wood Technology: Wood product manufacturing, preservation methods, and composite wood materials.
Under Forestry Economics and Marketing: Market analysis and forecasting, cost-benefit analysis, and timber pricing strategies.
In Other Forestry Services: Reforestation, forest management consulting, and wildlife habitat management.

This segmentation highlights the diverse facets of agriculture and forestry services, reflecting a broad spectrum of activities that contribute to sustainable resource management and economic growth worldwide.

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This release was published on openPR.