According to Stratistics MRC, the Global Grain Farming Market is accounted for $1.37 billion in 2024 and is expected to reach $2.44 billion by 2030 growing at a CAGR of 10.13% during the forecast period. Grain farming is an agricultural method that focuses on growing cereal crops such as wheat, rice, corn, barley, oats, and millet, which are staple foods across the world. Large-scale farms cultivate these crops, frequently in areas with climatic conditions that are conducive to their growth, such as fertile soil and moderate rainfall. In order to increase productivity and efficiency, grain farming is typified by mechanical procedures for planting, fertilizing, harvesting, and storing. It is essential to the production of animal feed, food security, and raw materials for sectors like brewing and biofuels.
Market Dynamics:
Driver:
Expanding Livestock Farming
Expanding livestock farming has a substantial impact on the grain farming industry by boosting demand for grains used as animal feed, such as maize, barley, and soybean. Large amounts of feed are needed to support livestock due to the world's increasing consumption of meat, dairy, and poultry products. Grain output is increased by this need, which encourages farmers to grow additional feed grains. Furthermore, the need for reliable and high-yield grain farming techniques to satisfy the demands of the livestock sector is further increased by the growth of industrialized animal husbandry and feedlot operations.
Restraint:
Climate Change and Weather Variability
The market for grain farming is severely hampered by climate change and weather variability, which result in erratic weather patterns such as droughts, floods, and temperature extremes. These elements raise the possibility of crop failures, lower grain quality, and have a detrimental effect on crop yields. While production disruptions can result in supply shortages, higher pricing, and decreased profitability in the grain farming industry, farmers may also have to pay more for pest management and irrigation, thus it limits growth of the market.
Opportunity:
Growing Demand for Biofuels
The expanding need for biofuels benefits the grain farming industry by raising the demand for crops such as maize, sugarcane, and sorghum, which are used as key feedstocks for bioethanol production. Farmers are encouraged to increase cultivation, use cutting-edge agricultural methods, and invest in high-yield crop types by this demand. Government initiatives supporting renewable energy also support the development of biofuel, giving grain producers a stable market. This tendency boosts profitability, encourages agricultural expansion, and broadens the uses of grain crops across the world.
Threat:
Pest and Disease Outbreaks
Pest and disease outbreaks have a huge impact on the grain agricultural industry by causing crop damage, lowering yields, and raising production costs. Farmers' resources are strained as a result of these outbreaks, which necessitate the use of costly pesticides and disease control techniques. They may also result in diminished market supply and long-term degradation of soil health, which might ultimately impact food security, drive up prices, and impede trade in the world grain market.
Covid-19 Impact:
The COVID-19 pandemic disrupted the Grain Farming Market through labor shortages, supply chain disruptions, and transportation challenges, leading to delays in planting, harvesting, and distribution. Additionally, fluctuating demand and market uncertainties impacted prices. However, the crisis highlighted the importance of food security, leading to increased government support for agricultural sectors. In some cases, the pandemic accelerated the adoption of digital farming technologies to maintain operations efficiently.
The fertilizers segment is expected to be the largest during the forecast period
The fertilizers segment segment is expected to account for the largest market share during the forecast period as they restore vital soil minerals like potassium, phosphorus, and nitrogen, encouraging robust plant development and increased yield. This is essential to satisfy the rising demand for grains as industrial raw materials, animal feed, and staple meals worldwide. Sustainable agricultural methods are supported and long-term market growth is ensured by advanced fertilizers, such as slow-release and biofertilizers, which increase nutrient efficiency and lessen environmental impact.
The precision farming segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the precision farming segment is predicted to witness the highest growth rate because farmers can reduce waste and expenses by monitoring soil health, optimizing irrigation, and applying fertilizers and pesticides more precisely by utilizing technology like GPS, sensors, and data analytics. This increases overall production, reduces environmental impact, and optimizes resource usage. Precision farming is a major market driver because it enhances profitability, promotes sustainable growth, and satisfies the growing demand for grains worldwide through improved decision-making.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share because the area supports large-scale grain production due to its extensive agricultural acreage and excellent climate. The industry is expanding due to the high demand for grains in the food and biofuel industries. Farming operations are further encouraged by agricultural policy and government subsidies. Furthermore, the growth of international commerce creates new export prospects, especially for wheat, corn, and barley, strengthening North America's place in the world grain market.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR owing to growing population and increasing urbanization, leading to higher demand for staple crops like rice, wheat, and corn. Technological advancements, such as precision farming and genetically modified seeds, are improving yields and efficiency. Government support through subsidies and initiatives to boost food security further encourages growth. The expanding middle class also drives demand for animal feed, creating additional market opportunities for grain production in the region.
Key players in the market
Some of the key players in Grain Farming market include AGT Food and Ingredients Inc., Archer Daniels Midland (ADM), Associated British Foods Plc, BASF SE, Bunge Limited, Cargill Inc., CF Industries Holdings, Inc., CHS Inc., DuPont, General Mills Inc., Kellogg Company, Louis Dreyfus Company (LDC), Monsanto Company, Nutrien Ltd., Olam International, Syngenta AG, The Andersons Inc. and Wilmar International Limited.
Key Developments:
In September 2024, General Mills, Inc. announced that it has entered into definitive agreements to sell its North American Yogurt business to Lactalis and Sodiaal, two leading French dairy companies, in cash transactions valued at an aggregate $2.1 billion USD.
In April 2024, General Mills announced it has completed the acquisition of Edgard & Cooper, one of Europe’s leading independent premium pet food brands.
In April 2024, General Mills has joined TOMORROW X TOGETHER, also known as TXT, in a harmonious partnership to bring the refreshing energy of Gen Z’s most iconic band to breakfast table.
Types Covered:
• Cereals
• Pulses
• Oilseeds
Input Types Covered:
• Fertilizers
• Pesticides
• Seeds
Farm Sizes Covered:
• Large-Scale Farms
• Medium-Scale Farms
• Small-Scale Farms
Farming Techniques Covered:
• Conventional Farming
• Organic Farming
• Precision Farming
• Hydroponic Farming
• Aquaponics
Distribution Channels Covered:
• Direct Sales to Wholesalers and Retailers
• Cooperatives
• Online Platforms
Applications Covered:
• Food & Beverages
• Biofuels
• Industrial Use
• Seed Production
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Technology Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Grain Farming Market, By Type
- 5.1 Introduction
- 5.2 Cereals
- 5.3 Pulses
- 5.4 Oilseeds
- 6 Global Grain Farming Market, By Input Type
- 6.1 Introduction
- 6.2 Fertilizers
- 6.3 Pesticides
- 6.4 Seeds
- 7 Global Grain Farming Market, By Farm Size
- 7.1 Introduction
- 7.2 Large-Scale Farms
- 7.3 Medium-Scale Farms
- 7.4 Small-Scale Farms
- 8 Global Grain Farming Market, By Farming Technique
- 8.1 Introduction
- 8.2 Conventional Farming
- 8.3 Organic Farming
- 8.4 Precision Farming
- 8.5 Hydroponic Farming
- 8.6 Aquaponics
- 9 Global Grain Farming Market, By Distribution Channel
- 9.1 Introduction
- 9.2 Direct Sales to Wholesalers and Retailers
- 9.3 Cooperatives
- 9.4 Online Platforms
- 10 Global Grain Farming Market, By Application
- 10.1 Introduction
- 10.2 Food & Beverages
- 10.2.1 Human Consumption
- 10.2.2 Animal Feed
- 10.3 Biofuels
- 10.4 Industrial Use
- 10.4.1 Starch Production
- 10.4.2 Brewing and Distilling
- 10.5 Seed Production
- 11 Global Grain Farming Market, By Geography
- 11.1 Introduction
- 11.2 North America
- 11.2.1 US
- 11.2.2 Canada
- 11.2.3 Mexico
- 11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 Italy
- 11.3.4 France
- 11.3.5 Spain
- 11.3.6 Rest of Europe
- 11.4 Asia Pacific
- 11.4.1 Japan
- 11.4.2 China
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 New Zealand
- 11.4.6 South Korea
- 11.4.7 Rest of Asia Pacific
- 11.5 South America
- 11.5.1 Argentina
- 11.5.2 Brazil
- 11.5.3 Chile
- 11.5.4 Rest of South America
- 11.6 Middle East & Africa
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 Qatar
- 11.6.4 South Africa
- 11.6.5 Rest of Middle East & Africa
- 12 Key Developments
- 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 12.2 Acquisitions & Mergers
- 12.3 New Product Launch
- 12.4 Expansions
- 12.5 Other Key Strategies
- 13 Company Profiling
- 13.1 AGT Food and Ingredients Inc.
- 13.2 Archer Daniels Midland (ADM)
- 13.3 Associated British Foods Plc
- 13.4 BASF SE
- 13.5 Bunge Limited
- 13.6 Cargill Inc.
- 13.7 CF Industries Holdings, Inc.
- 13.8 CHS Inc.
- 13.9 DuPont
- 13.10 General Mills Inc.
- 13.11 Kellogg Company
- 13.12 Louis Dreyfus Company (LDC)
- 13.13 Monsanto Company
- 13.14 Nutrien Ltd.
- 13.15 Olam International
- 13.16 Syngenta AG
- 13.17 The Andersons Inc.
- 13.18 Wilmar International Limited
- List of Tables
- Table 1 Global Grain Farming Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Grain Farming Market Outlook, By Type (2022-2030) ($MN)
- Table 3 Global Grain Farming Market Outlook, By Cereals (2022-2030) ($MN)
- Table 4 Global Grain Farming Market Outlook, By Pulses (2022-2030) ($MN)
- Table 5 Global Grain Farming Market Outlook, By Oilseeds (2022-2030) ($MN)
- Table 6 Global Grain Farming Market Outlook, By Input Type (2022-2030) ($MN)
- Table 7 Global Grain Farming Market Outlook, By Fertilizers (2022-2030) ($MN)
- Table 8 Global Grain Farming Market Outlook, By Pesticides (2022-2030) ($MN)
- Table 9 Global Grain Farming Market Outlook, By Seeds (2022-2030) ($MN)
- Table 10 Global Grain Farming Market Outlook, By Farm Size (2022-2030) ($MN)
- Table 11 Global Grain Farming Market Outlook, By Large-Scale Farms (2022-2030) ($MN)
- Table 12 Global Grain Farming Market Outlook, By Medium-Scale Farms (2022-2030) ($MN)
- Table 13 Global Grain Farming Market Outlook, By Small-Scale Farms (2022-2030) ($MN)
- Table 14 Global Grain Farming Market Outlook, By Farming Technique (2022-2030) ($MN)
- Table 15 Global Grain Farming Market Outlook, By Conventional Farming (2022-2030) ($MN)
- Table 16 Global Grain Farming Market Outlook, By Organic Farming (2022-2030) ($MN)
- Table 17 Global Grain Farming Market Outlook, By Precision Farming (2022-2030) ($MN)
- Table 18 Global Grain Farming Market Outlook, By Hydroponic Farming (2022-2030) ($MN)
- Table 19 Global Grain Farming Market Outlook, By Aquaponics (2022-2030) ($MN)
- Table 20 Global Grain Farming Market Outlook, By Distribution Channel (2022-2030) ($MN)
- Table 21 Global Grain Farming Market Outlook, By Direct Sales to Wholesalers and Retailers (2022-2030) ($MN)
- Table 22 Global Grain Farming Market Outlook, By Cooperatives (2022-2030) ($MN)
- Table 23 Global Grain Farming Market Outlook, By Online Platforms (2022-2030) ($MN)
- Table 24 Global Grain Farming Market Outlook, By Application (2022-2030) ($MN)
- Table 25 Global Grain Farming Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 26 Global Grain Farming Market Outlook, By Human Consumption (2022-2030) ($MN)
- Table 27 Global Grain Farming Market Outlook, By Animal Feed (2022-2030) ($MN)
- Table 28 Global Grain Farming Market Outlook, By Biofuels (2022-2030) ($MN)
- Table 29 Global Grain Farming Market Outlook, By Industrial Use (2022-2030) ($MN)
- Table 30 Global Grain Farming Market Outlook, By Starch Production (2022-2030) ($MN)
- Table 31 Global Grain Farming Market Outlook, By Brewing and Distilling (2022-2030) ($MN)
- Table 32 Global Grain Farming Market Outlook, By Seed Production (2022-2030) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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