Agribusiness Market 2024-2028
The agribusiness market is forecasted to grow by USD 734.79 bn during 2023-2028, accelerating at a CAGR of 4.19% during the forecast period. The report on the agribusiness market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for food due to population growth, high adoption of bio-agrochemicals, and improving agriculture trade policy.
Technavio's agribusiness market is segmented as below:
By Product
- Grains and cereals
- Dairy
- Oilseeds
- Livestock
- Others
By Application
- Agrichemicals
- Seed business
- Breeding
- Machinery and equipment
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the automation in agriculture as one of the prime reasons driving the agribusiness market growth during the next few years. Also, new developments in agribusiness and growing demand for environmentally sustainable food will lead to sizable demand in the market.
The report on the agribusiness market covers the following areas:
- Agribusiness market sizing
- Agribusiness market forecast
- Agribusiness market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading agribusiness market vendors that include Associated British Foods Plc, Bayer AG, Brasilagro Brazilian Agricultural Properties Co., Bunge Ltd., Cairo Poultry Co., Cargill Inc., Charoen Pokphand Foods PCL, CHS Inc., Dairy Farmers of America Inc., DuPont de Nemours Inc., Godrej Agrovet Ltd., Indian Farmers Fertiliser Cooperative Ltd., Land O Lakes Inc., LT Foods Ltd., Nestle SA, Olam Group Ltd., Syngenta Crop Protection AG, Wens Foodstuff Group Co. Ltd., WH Group Ltd., and Wilmar International Ltd.. Also, the agribusiness market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.