Global General Crop Farming Market Trends And Strategies Of Major Players In The General Crop Farming Market 2021-2030
30 Jun, 2021
The general crop farming market consists of sales of general crop farming products by entities (organizations, sole traders and partnerships) that produce general crops, hay and grass seeds, tobacco, cotton, shelled groundnuts, sugarcane, sugar beet, fiber crops, tea, coffee, rubber and other general crops. This market excludes processed general crops such as smoking tobacco products, refined sugar and other processed general crop products. This market also excludes the proceeds from captive (internal) consumption of the general crops for further processing.
Global General Crop Farming Market Size And Drivers:
The global general crop farming market is expected to grow from $306.49 billion in 2020 to $323.44 billion in 2021 at a compound annual growth rate (CAGR) of 5.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $401.09 billion in 2025 at a CAGR of 6%. Increasing population is the main driver of the market.
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Trends In The Global General Crop Farming Market
Implementing microbe-enhanced seeds, boosts crop production and increases profitability with its ability to produce crops in drought conditions. The microbes function similarly to beneficial bacteria in the human intestine and are found on the surface of the plant and in plant tissue. This treatment for cotton seeds utilizes beneficial microbes that live in plants to produce a cotton plant without genetic modification. The microbe-enhanced cotton, developed by Indigo agriculture is already implemented on 50,000 acres spread across five different states in the southern part of the USA. Monsanto is another agriculture company which has released many microbial products.
Global General Crop Farming Market Segments:
The global general crop farming market is further segmented based on type, application, farming process and geography.
By Type: The global general crop farming market is further segmented based on type, application, farming process and geography.
By Application: Food & Beverages, Fodder
By Farming Process: Organic General Crop Farming, Traditional Farming
By Geography: The global general crop farming market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global general crop farming market, accounting for 38% of the market in 2020.
Read More On The Report For The Global General Crop Farming Market At:https://www.thebusinessresearchcompany.com/report/general-crop-farming-global-market-report-2020-30-covid-19-impact-and-recovery
General Crop Farming Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides general crop farming market overviews, analyzes and forecasts market size and growth for the global general crop farming market, general crop farming market share, general crop farming market players, general crop farming market segments and geographies, general crop farming market’s leading competitors’ revenues, profiles and market shares. The general crop farming market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.