Agriculture Market Research Reports, Analysis & Trends
Agriculture industry covers every element related to cultivation and animal husbandry, including, agriculture raw material, agrochemicals, farm equipment and machinery, agricultural biotechnology, agricultural imports and exports, research and development activities, and others. The rising population around the globe has increased the burden on the agriculture industry to increase the crop yields with the limited agricultural lands. According to the data by the World Bank, 36.904% of the total land was being used for agriculture in 2018. On the other hand, the global population touched 7.753 billion in 2020, and is set to cross 10 million by the end of 2030. Additionally, health-conscious co Read More...Agriculture industry covers every element related to cultivation and animal husbandry, including, agriculture raw material, agrochemicals, farm equipment and machinery, agricultural biotechnology, agricultural imports and exports, research and development activities, and others. The rising population around the globe has increased the burden on the agriculture industry to increase the crop yields with the limited agricultural lands. According to the data by the World Bank, 36.904% of the total land was being used for agriculture in 2018. On the other hand, the global population touched 7.753 billion in 2020, and is set to cross 10 million by the end of 2030. Additionally, health-conscious consumers have driven agriculture market research companies to come forward with health-friendly and economic solutions in the agriculture industry.
Agricultural development is greatly essential to end extreme poverty, which is why the World Bank aims to feed a projected 9.7 billion people by 2050. Moreover, the statistics also revealed that, in 2020, around 720 to 811 million people went hungry, which is more than 10% of the world's population. Government initiatives to abolish hunger, are estimated to fuel the growth of the agriculture industry. Besides this, the global agriculture market size is projected to expand on the back of growing amalgamation of agriculture with digital technologies, and for the increasing adoption of modern farming methods, such as, digital farming, digital agriculture marketplace, and AI in agriculture. For instance, in the year 2018, agriculture activities accounted for 4% of global gross domestic product (GDP). The increasing demand for food crops, along with the strict regulations for quality control of agricultural products has been the major factor behind the adoption of alternative technology in farming, over traditional practices. Furthermore, the increasing adoption of sustainable agricultural practices is estimated to generate massive growth opportunities for the market players in the agriculture industry.
Kenneth Research provides expert consulting and market research services to anyone interested in expanding their business in agriculture sector. Agriculture market research analysts at Kenneth Research have proficient understanding of the recent trends in the agriculture market, which provides a genuine and reliable comprehension to our agriculture market research reports. Regionally, the research reports cover majorly five regions, i.e., North America, Europe, Asia Pacific, South America, and Middle East and Africa. Furthermore, at Kenneth Research, as an agriculture market research agency, we deliver solutions related to agriculture market research that is aimed to solve the various queries of the clients, such as, what strategy to select for optimal growth, how to stay upfront of the competitors, the demand and supply chain of the market, and a brief assessment of the upcoming market trends.
