The grain farming market has seen considerable growth due to a variety of factors.
• The market size for grain farming has seen a robust increase over the last few years. It is forecasted to rise from $1582.06 billion in 2024 to $1731.5 billion in 2025, representing a compound annual growth rate (CAGR) of 9.4%.
Factors such as mechanization and utilization of farm equipment, use of fertilizers and other crop inputs, practices of crop rotation, availability and usage of land, crop insurance schemes, and the availability and expenses of labor all contributed towards the growth in the historical period.
The grain farming market is expected to maintain its strong growth trajectory in upcoming years.
• In the upcoming years, substantial growth is projected in the grain farming market. By 2029, the market is anticipated to expand to $2425.4 billion at a compound annual growth rate (CAGR) of 8.8%.
The projection can be associated with climate-adaptive agriculture, online farming platforms, sustainable manners, worldwide food protection, and encouraging varied crop rotations. Noteworthy trends during this period may entail precision farming technologies, autonomous agricultural machinery, incorporation of digital farming platforms, genetically engineered (GM) crops, and the digital transformation of supply chain management.
The grain farming market's expansion is expected to be fueled by the escalating demand for organic food products. Organic food items, which are cultivated using organic farming methods that prioritize sustainability and natural farming practices while reducing synthetic chemical use, heavily rely on grain farming. These organic grains, free from synthetic pesticides or chemical fertilizers, are utilized in various organic food items. For example, in July 2024, IFOAM – Organics International, a non-profit organization based in Germany, reported that in 2022, the total land used for organic farming globally escalated by 20 million hectares, totaling 96 million hectares. Consequently, the surging need for organic food products is stimulating the growth of the grain farming market.
The grain farming market covered in this report is segmented –
1) By Type: Dry Pea And Bean Farming, Wheat Farming, Other Grain Farming
2) By Farming Process: Organic Grain Farming, Traditional Farming
3) By Application: Food And Beverages, Fodder, Other Applications
Subsegments:
1) By Dry Pea And Bean Farming: Dried Peas, Dried Beans
2) By Wheat Farming: Hard Red Winter Wheat, Soft Red Winter Wheat, Durum Wheat, Other Wheat Varieties
3) By Other Grain Farming: Barley Farming, Oat Farming, Corn Farming, Rye Farming, Other Specialty Grains
Leading corporations in the grain farming sector are concentrating on product innovation, introducing new tools like GrainBank to offer dependable services to their clients. Small and marginal farmers heavily rely on GrainBank as an effective post-harvest solution. In October 2023, for example, Ergos, an agricultural supply chain consulting firm based in India, launched GrainBank. GrainBank is a platform giving farmers the liberty to store and retrieve a single bag of grains, ensuring consistent grain quality and digitising the whole supply chain. It provides comprehensive post-harvest supply chain solutions, ranging from storage and finance to market linkages, right at the farmer's doorstep.
Major companies operating in the grain farming market include:
• Vilmorin & Cie SA
• Cargill Incorporated
• Archer-Daniels-Midland (ADM)
• Wilmar International Ltd.
• Bunge Limited
• Louis Dreyfus
• Olam International
• Bayer AG
• adische Anilin- und Sodafabrik SE
• Nutrien Ltd
• Syngenta AG
• CJ Cheiljedang Corp.
• Associated British Foods plc
• Corteva Inc.
• Seaboard Corporation
• Scoular Company
• Ingredion Incorporated
• UPL Limited
• Nisshin Seifun Group Inc.
• Gruma SAB de CV
• Ardent Mills
• KWS Saat SE
• Grain Craft
• Bay State Milling Co.
• Blaine Larsen Farms Inc.
• Hartung Brothers Inc.
• Miller Milling Co.
• Soufflet SA
Asia-Pacific was the largest region in the grain farming market in 2024. North America was the second-largest region in the grain farming market. The regions covered in the grain farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.