What are the Historical Developments and Current Growth Metrics of the General Crop Farming Market?
The general crop farming market has seen considerable growth due to a variety of factors.
• The overall market size for crop farming has experienced swift expansion in the previous years. The market, which stands at $430.64 billion in 2024, is predicted to increase to $474.61 billion in 2025, leading to a compound annual growth rate (CAGR) of 10.2%.
The historic development is the result of factors including food security, rising population, export possibilities, progressive farming technologies, and commodity prices.
What Does Future Hold for The General Crop Farming Market By 2029?
The general crop farming market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, significant expansion is anticipated for the general crop farming market, with its value predicted to reach $658.55 billion by 2029, signifying a compound annual growth rate (CAGR) of 8.5%.
This growth during the projected period is credited to factors such as sustainability and regenerative agriculture, climate change adaptation, the advancement in crop varieties, adoption of digitization and precision agriculture, as well as the enlargement of the global market. Foreseeing future trends encompass aspects like cover cropping and crop rotation, local and minor-scale farming, organic and non-GMO farming, vertical farming techniques, and innovative crop management.
What Are The Primary Growth Drivers In The General Crop Farming Market?
Anticipations are high for the expansion of the general crop farming market, fueled by the steady rise in crop production. The procedure of cultivating and raising crops, whether it be for human and animal consumption, industrial applications, or as raw resources for other sectors, constitutes crop production. Implicating the intention to generate healthy, abundantly yielding, quality crops. General crop farming fundamentally dominates the activity surrounding crop production, which is of crucial significance for crop growth, development, and yield both domestically and commercially. For example, data from Gov.UK, a UK public sector information portal, revealed in May 2023 that the total crop output for 2022 reached $14,034.6 (£13,330) million, marking an increase of $2,524.76 (£2,398) million, or 21.9% compared to 2021. Consequently, the upsurge in crop production is propelling the advancement of the general crop farming market.
What Is The Segmentation Of The Global General Crop Farming Market?
The general crop farming market covered in this report is segmented –
1) By Type: Tobacco Farming, Sugarbeet Farming, Sugarcane Farming, Cotton Farming, Other Miscellaneous Crop Farming
2) By Farming Process: Organic General Crop Farming, Traditional Farming
3) By Application: Food And Beverages, Fodder
Subsegments:
1) By Tobacco Farming: Flue-Cured Tobacco, Burley Tobacco, Oriental Tobacco, Other Tobacco Varieties
2) By Sugarbeet Farming: Table Sugarbeet Farming, Industrial Sugarbeet Farming (For Bioethanol, Feed Production)
3) By Sugarcane Farming: Raw Sugarcane Farming, Biofuel (Ethanol) Production From Sugarcane, Molasses Production
4) By Cotton Farming: Upland Cotton, Pima Cotton, Organic Cotton
5) By Other Miscellaneous Crop Farming: Oilseed Farming (Canola, Sunflower, Soybean), Hemp Farming, Spice And Herb Farming, Flower Farming, Fruit And Vegetable Farming (Non-Categorized), Cereal And Grain Farming (Non-Categorized)
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How Are New Trends Impacting The Size Of The General Crop Farming Market?
The use of microbe-enhanced seeds promises enhanced crop yield and higher revenue due to their propensity to flourish even in drought conditions. These microbes act like beneficial bacteria found in the human gut, residing on the plant's surface and within its tissues. One application of this technology is in cotton seeds, where the embedded microbes enable the growth of cotton plants without any genetic alterations. This innovation is the work of Indigo Agriculture and has already been applied across 50,000 acres in five southern US states. Monsanto is an additional agritech firm that has introduced numerous microbe-based products.
Who Are the Key Players In The General Crop Farming Market?
Major companies operating in the general crop farming market include:
• Associated British Foods plc
• Sinochem International Corporation
• Grupo Amaggi
• Batu Kawan Berhad
• Syngenta AG
• KWS Saat SE
• Tata Consumer Products Limited
• Yuan Longping High-Tech Agriculture Co. Ltd.
• Menderes Tekstil Sanayi ve Ticaret AS
• Seed Co Limited
• Cargill Inc.
• Archer-Daniels-Midland Company
• Bunge Limited
• Monsanto Company
• DowDuPont Inc.
• Agrium Inc.
• The Mosaic Company
• CNH Industrial N.V.
• Deere & Company
• Kubota Corporation
• Pioneer Hi-Bred International Inc.
• Olam International Ltd.
• Dole Food Company
• Chiquita Brands International
• Wilmar International Limited
• New Hope Group
• COFCO Corporation
• ITOCHU Corporation
• Wilbur-Ellis Company Inc.
• Land O'Lakes Inc.
• J.R. Simplot Company
• SunOpta Inc.
• The Andersons Inc.
• Calavo Growers Inc.
• United Phosphorus Limited
• FMC Corporation
• Nufarm Limited
• Israel Chemicals Ltd.
What Are The Regional Insights Into The General Crop Farming Market?
Asia-Pacific was the largest region in the general crop farming market in 2023. Eastern Europe was the second largest region in the general crop farming market. The regions covered in the general crop farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
