Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for global professionals · Tuesday, February 27, 2024 · 691,795,320 Articles · 3+ Million Readers

Global Agriculture Market Flourishes, Poised to Reach $19,007.8 Billion by 2027

Agriculture Market Report 2023 – Market Size, Trends, And Market Forecast 2023-2032

Agriculture Global Market Report 2023 – Market Size, Trends, And Market Forecast 2023-2032

The Business Research Company’s Agriculture Global Market Report 2023 – Market Size, Trends, And Market Forecast 2023-2032

The Business Research Company’s Agriculture Global Market Report 2023 – Market Size, Trends, And Market Forecast 2023-2032”
— The Business Research Company

LONDON, GREATER LONDON, UK, December 8, 2023 /EINPresswire.com/ -- The global agriculture market has witnessed significant growth, expanding from $12,245.63 billion in 2022 to $13,398.79 billion in 2023, registering an impressive compound annual growth rate (CAGR) of 9.4%. Projections indicate a continued upward trend, with the market size expected to soar to $19,007.8 billion in 2027, driven by a robust CAGR of 9.1%.

Population Growth Spurs Demand for Food
The global population is on the rise, projected to reach 10 billion by 2050. This demographic expansion intensifies the demand for food, necessitating increased agricultural production. The Agricultural Outlook by the Organization for Economic Co-operation and Development (OECD) and FAO (Food and Agriculture Organization) forecasts a 13% increase in global cereal production by 2027. To meet the needs of this growing population, crop production, farming activities, and trade volumes must escalate. Agribusiness companies are anticipated to acquire more arable land to boost crop production, and agriculture companies are expected to expand their presence to cater to the heightened demand and spur growth.

Explore the global agriculture market with a detailed sample report:
https://www.thebusinessresearchcompany.com/sample_request?id=1858&type=smp

Key Players Shaping the Agriculture Market
Major players in the agriculture market include Cargill Incorporated, Dairy Farmers of America, Bayer AG, WH Group Limited, Bunge Limited, Wens Foodstuff Group Co. Ltd., Charoen Pokphand Foods PCL, Corteva Inc., Olam International, and Land O'Lakes Inc. These industry leaders play a pivotal role in steering the trajectory of the agriculture sector globally.

Regional Dynamics: Asia-Pacific Takes the Lead
In 2022, the Asia-Pacific region emerged as the largest in the agriculture market, followed by North America as the second-largest. The comprehensive market report covers regions such as Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Key Segments:
1. Type:
• Animal Produce
• Crop Production
• Rural Activities

2. Distribution Channel:
• Supermarkets/Hypermarkets
• Convenience Stores
• E-Commerce
• Other Distribution Channels

3. Nature:
• Organic
• Conventional

Access the complete report for in-depth analysis:
https://www.thebusinessresearchcompany.com/report/agriculture-global-market-report

Agriculture Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Agriculture Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on agriculture market size, agriculture market drivers and agriculture market trends, agriculture market major players, agriculture market competitors' revenues, market positioning, and market growth across geographies. The agriculture market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:

Agricultural Implement Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/agricultural-implement-global-market-report

Agriculture Sensor Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/agriculture-sensor-global-market-report

Blockchain In Agriculture And Food Supply Chain Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/blockchain-in-agriculture-and-food-supply-chain-global-market-report

About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company’s flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.

Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Check out our:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn

Powered by EIN Presswire


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release