The agriculture market is expected to reach over $19,007.8 billion in 2027 at a CAGR of 9.1%!
Shortage of labor and increasing demand for advanced agriculture tools in many countries is driving the demand for agriculture robots or agribots. Agribots are used in farmlands for pruning, weeding, and spraying pesticides and herbicides. They are connected to tractors for spraying water, seeds, pesticides, nutrients, and harvesting. For instance, Energid Citrus Picking Robot System picks an orange every two seconds from a tree, thus enhancing productivity and thereby limiting the need for agricultural labor. Some of the companies providing ag robots for effective and efficient productivity in agriculture are Small Robot Company, Naio Technologies, EarthSense, HETO Agrotechnics, Harvest Automation, PrecisionHawk, BoniRob, and others.
Agriculture Market Coverage
The agriculture market consists of sales of agriculture and related services by entities (organizations, sole traders and partnerships) that provide agriculture and related services such as animal and crop produce and other support services. Agriculture involves the cultivation of plants, and animal and bird rearing for food, fabrics, fibres, bio-fuel, medicinal and other products used to sustain and enhance human life. This market also includes horticulture and aquaculture. This market excludes proceeds from captive (internal) consumption of the agriculture and forest produce for further processing. The agriculture market is segmented into animal produce; crop production and rural activities. Only goods and services traded between entities or sold to end consumers are included.
The Business Research Company covers 165 markets overall in the agriculture market providing global market numbers, market growth, market-specific drivers and restraints, trends, and other market specific information. The agriculture market is segmented in the following manner:
- 1. Animal Produce
The animal produce market consists of sales of animal produce and related services by entities (organizations, sole traders and partnerships) that produce animal produce such as milk, honey, meat, wool, egg, etc. which is derived from the body of an animal. The animal producers raise or fatten animals for the sale of animals or animal products and/or raise aquatic plants and animals in controlled or selected aquatic environments for the sale of aquatic plants, animals, or their products. The subsector includes establishments, such as ranches, farms, and feedlots primarily engaged in keeping, grazing, breeding, or feeding animals. These animals are kept for the products they produce or for eventual sale. The animals are generally raised in various environments, from total confinement or captivity to feeding on an open range pasture. The animal produce market is segmented into milk; honey; meat; wool; egg; skin and hide; live animals and other animal produce. Only goods and services traded between entities or sold to end consumers are included.
The Animal Produce Market is sub-segments into –
- 1.1. Milk
- 1.2. Honey
- 1.3. Meat
- 1.4. Wool
- 1.5. Egg
- 1.6. Skin And Hide
- 1.7. Live Animals
- 1.8. Other Animal Produce
- 2. Crop Production
The crop production market consists of sale of crops by entities (organizations, sole traders and partnerships) that produce crops including farms, market gardens, and nurseries, primarily engaged in growing crops, plants, vines, or trees and their seeds. This market includes crop sales from mixed farms (e.g. cash crops and livestock together in the same farms). This market excludes processed crop grain products such as flour and other products. This market also excludes the proceeds from the captive (internal) consumption of the crop produce for further processing. The crop production market is segmented into grain farming; oilseed farming; fruit and nut farming; vegetable farming; general crop farming; and greenhouse, nursery, and flowers. Only goods and services traded between entities or sold to end consumers are included.
The Crop Production Market is sub-segments into –
- 2.1. Grain Farming
- 2.2. Oilseed Farming
- 2.3. Fruit And Nut Farming
- 2.4. Vegetable Farming
- 2.5. General Crop Farming
- 2.6. Greenhouse, Nursery, And Flowers
- 2.7. Organic Farming
- 3. Rural Activities
The rural activities market consists of sales of rural activities produce by entities (organizations, sole traders and partnerships) that undertake rural activities such as forestry, logging, fishing, hunting, trapping and other forestry services. Timber, finfish, shellfish and cotton are the main outputs produced through rural activities. The rural activities market is segmented into fishing, hunting and trapping; forestry and logging; and agriculture and forestry services. Only goods and services traded between entities or sold to end consumers are included.
The Rural Activities Market is sub-segments into –
- 3.1. Fishing, Hunting And Trapping
- 3.2. Forestry And Logging
- 3.3. Agriculture And Forestry Services
- 4. Genetically Modified Food
The genetically modified foods market consists of sales of genetically modified food products by entities (organizations, sole traders and partnerships) that are engaged in producing foods derived from organisms whose genetic material (DNA) has been modified in a way that does not occur naturally, for example, through the introduction of a gene from a different organism. Only goods and services traded between entities or sold to end consumers are included.
The Genetically Modified Foods Market is sub-segments into –
- 4.1. Genetically Modified Vegetables
- 4.2. Genetically Modified Crops
- 4.3. Genetically Modified Animal Products
- 4.4. Genetically Modified Fruits
How Can We Help?
The Business Research Company`s Agriculture Market Research Practice provides marketing, planning and strategy departments with a wider range of market, business, customer and competitor intelligence services across different segments of the agriculture industry. The agriculture market research services and solutions The Business Research Company provides are as follows —
- Agriculture Market Sizing, Forecast and Trend Analysis
- Agriculture Market Competitor Analysis
- Agriculture Market Supply Chain Analysis
- Agriculture Market Customer Research
- Agriculture Market Partner or Distribution Research
- Agriculture Market Entry Strategy Research Study
- Agriculture Industry Analysis and Profiling
- Agriculture Market Regulations
