Agriculture includes cultivation of crops, bee-keeping, animal husbandry, fish farming, and poultry. These products are either directly consumed or further processed and sold, and even exported at a large scale. Disposable income, population, consumer taste, and preferences and substitutes of other products drive the growth of the agricultural products market. In addition, surge in population increases the intake of food, which boosts the market growth. Moreover, technological innovations fuel the productivity, which increases the availability of these products in the market, in turn fostering the growth of the market. Decline in the share of agricultural products in total production is observed as a challenge across different regions.
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
The use of innovative technologies in farming has opened up new doors for investment opportunities. This over indulgence of high input farming using high technology has caused a negative implication such as deforestation. There is an increase in the emission of greenhouse gases from machineries, which surges the level of pollution and degrades the productivity levels, hence hampering growth.The demand for agricultural products is expected to increaseowing to growing population, and hence the major players are spending and investing in strategies for extracting the most out of the minimum.
Key Market Players
Archer Daniels Midland Company, BASF- Agriculture, Sundrop Farms, Fresh Del Monte Produce Inc., Monsanto Company, Deere&Company, Yara International, Syngenta, Agrium Inc., Adecagro SA, Cargill
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Sustainable agricultural production
The increase in consumer awareness and the decline in natural resources, is making it mandatory for the producers to work on such techniques and solutions that enable the utmost productivity, utilizing the existing resources, and maintaining a healthy level of mineral deposit for further activity in the field.
Key Benefits of the Report:
- This study presents the analytical depiction of the global agricultural product industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global agricultural product market share.
- The current market is quantitatively analyzed to highlight the global agricultural product market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global agricultural product market analysis based on competitive intensity and how the competition will take shape in the coming years.
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