Agribusiness Market will be worth USD 4.16 Trillion by 2030, at a CAGR of 3.32% - Exactitude Consultancy
Agribusiness Market Analysis Report by Product Type, by Application and by End Users: Global Opportunity Analysis and Industry Forecast 2030
LUTON, BEDFORDSHIRE, UNITED KINGDOM, February 29, 2024 /EINPresswire.com/ -- “Exactitude Consultancy That Adds Flavour To Your Success”
The Agribusiness Market Size, Scope, and Forecast 2024-2030 report has been added to the Market research collection of Exactitude Consultancy reports. Industry experts and researchers have offered an authoritative and concise analysis of the Agribusiness Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Agribusiness Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Agribusiness Market in the coming years.
The Agribusiness market is predictable to grow from USD 3.31 Trillion in 2023 to USD 4.16 Trillion by 2030; it is expected to grow at a CAGR of 3.32% from 2024 to 2030.
Increasing demand for food due to population growth is notably driving the market growth. The global market is driven in large part by the fast population expansion occurring worldwide. Population growth fuels the need for food, which in turn fuels the demand for food goods. According to the United Nations Department of Economics and Social Affairs, the population in 2022 was 8 billion, which has quadrupled from the population statistics observed in 1950, which was just 2.53 billion. The population is expected to increase to 8.5 billion by 2030.
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Some of the key players profiled in the study are: Bayer CropScience, LLC, Cargill, Inc., The Monsanto Company, Syngenta Crop Protection, Nestlé S.A., Wilmer International Limited, Associated British Foods PLC, Brasil Agro, Bunge Limited, Cairo Poultry Company, CHS, Inc., LT Foods, Ltd., Nutrien, Deere & Company, BASF SE, CNH Industrial N. V., The Archer-Daniels-Midland Company, ABP Food Group, COFCO Corporation, Unilever plc and other Prominent players.
March 30, 2023: Cargill and food tech leader ENOUGH, which produces fermented protein sustainably, are expanding their current partnership to further innovate nutritious and sustainable alternative meat and dairy solutions consumers crave.
October 24, 2023: – Silal1 and Bayer2, a global leader in life sciences with a strong focus on healthcare and nutrition, have joined forces in a pioneering collaboration set to strengthen the agricultural landscape in the United Arab Emirates (UAE), addressing climate change as a pivotal concern.
Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Agribusiness Market. The major and emerging players of the Agribusiness Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Agribusiness market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Agribusiness market
Agribusiness Market by Input Suppliers
Seeds & Planting Materials
Fertilizers & Crop Protection Chemicals
Agricultural Machinery & Equipment
Agribusiness Market by Production Segment
Crop Production
Livestock Production
Aquaculture
Agribusiness Market by Processing & Distribution
Food Processing
Beverage Production
Distribution & Logistics
Agribusiness Market Regional Analysis/Insights
North America accounted for the largest market in the agribusiness market. North America accounted for 40 % market share of the global market value. North America has consistently held a dominant position in the global agribusiness market, reflecting the region’s robust and diverse agricultural sector, technological advancements, and sophisticated supply chain infrastructure. The United States, Canada, and Mexico collectively contribute to the region’s prominence in agribusiness. The vast and varied geography of North America supports a wide range of agricultural activities, including crop cultivation, livestock farming, and agro-processing.
In the United States, large-scale commercial farming operations leverage advanced technologies such as precision agriculture, genetically modified crops, and automated machinery. This technological sophistication enhances productivity, efficiency, and the overall competitiveness of the agricultural sector. The U.S. is a major producer of key crops such as corn, soybeans, and wheat, and it has a well-established livestock industry.
Canada, with its extensive arable land and favorable climate conditions in certain regions, is a major contributor to the agribusiness market. The country is known for its production of canola, barley, and various fruits, as well as its significant livestock sector, including cattle and poultry. Mexico plays a crucial role in North America’s agribusiness landscape, combining traditional agricultural practices with modern approaches. The country is a leading exporter of fruits and vegetables, such as tomatoes, avocados, and berries, to North American and international markets.
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Here's how Exactitude Consultancy helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Agribusiness market through the forecast period.
This factor leads to the estimation of the Agribusiness market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Agribusiness market that will help the stakeholders to be aware of the current investment scenario across the market.
What is new in 2024?
- Major developments that can change the business landscape as well as market forecasts.
- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
- Coverage of new market players and change in the market share of existing players of the Agribusiness market.
- Updated financial information and product portfolios of players operating in the Agribusiness market.
- Updated market developments of the profiled players.
- Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Agribusiness.
Customization services available with the report:
- Country level market for Agribusiness market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.
Please contact our sales professional ( sales@exactitudeconsultancy.com ), we will ensure you obtain the report which works for your needs.
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