Farm Supplies Wholesaling in the US - Industry Market Research Report

Farm Supplies Wholesaling in the US - Industry Market Research Report

Farm Supplies Wholesaling in the US

In recent years, farm supplies wholesalers have been affected by unpredictable feed and fertilizer prices, along with swings in the price of oil. Rebounding feed and oil prices after a sharp decline just prior to the period caused the agricultural price index to rise, resulting in higher prices for farming supplies. These rebounds were a direct result of recovery following the COVID-19 pandemic. Farm supplies wholesaling revenue has been increasing at a CAGR of 1.3% over the past five years, reaching an estimated $183.7 billion. As the strong recovery from 2021 slows, revenue is just declining by 0.01% in 2023.

This industry distributes a range of manufactured and other goods to crop and livestock farmers. A wholesaler may have exclusive distributorship to sell a particular brand within a specified territory, but most often they will sell such products in competition with other wholesalers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.