Agriculture: market data & analysis

The agriculture industry, which includes the production of crops and livestock, has recently seen a surge in demand. This growth is driven by the growing population, changing dietary habits, and urbanization. However, this sector faces many challenges. Climate change is disrupting crop yields, water supply, and soil health with events such as droughts and changing rainfall patterns. Additionally, while advanced technologies such as precision farming and drones can bolster yields and increase efficiency, their adoption in developing countries remains slow. The global market also faces issues of trade restrictions and competition from cheaper imports, which could threaten local agriculture and food security.

With this report, we provide a comprehensive overview of the current state of the Agriculture market as well as a prognosis with detailed information on six different markets. Besides all relevant market figures such as gross production value and trade values, we give detailed insights into the current key players and important background information about the Agriculture market.

In 2023, the gross production value of the Agriculture market is anticipated to reach US$3.69tn. This value is set to burgeon with a compound annual growth rate (CAGR) of 5.66% from 2023 to 2028, culminating in a staggering US$4.86tn by the end of 2028. Parallel to this growth in production, international trade will also likely experience an uptick. Imports within the Agriculture market are forecasted to stand at US$561.0bn in 2023, growing at a robust CAGR of 13.72% through 2028. On the other side of the trade spectrum, exports are set to touch US$490.1bn in 2023, with an impressive anticipated CAGR of 20.54% from 2023 to 2028.

Note: CAGR: Compound Annual Growth Rate

Agriculture overview

• Summary and key takeaways
• Total gross production value
• Import value
• Export value
• Company revenues

• Cereals
• Vegetables
• Fruit
• Oil Crops
• Meat
• Milk
• Other Livestock Products

• Market structure
• Product overview
• Author

Agriculture market overview

• Gross production value forecast in trillion US$
• Import value forecast in billion US$
• Export value forecast in billion US$
• Company revenues in billion US$