Agriculture Market Report 2026

Agriculture Market Overview

• Agriculture market size has reached to $12974.17 billion in 2025 • Expected to grow to $17896.95 billion in 2030 at a compound annual growth rate (CAGR) of 6.6% • Growth Driver: Growing Consumer Demand For Healthier And Diverse Diets Boosts The Agriculture Market • Market Trend: Advancements in Digital Farming Enhancing Efficiency and Sustainability in Agriculture • Asia-Pacific was the largest region in 2025 and North America is the fastest growing region.

What Is Covered Under Agriculture Market?

Agriculture refers to the practice of cultivating soil, growing crops, and raising animals for food, fiber, and other products. It is used to produce essential goods that sustain human life, contribute to economic development, and support livelihoods. Additionally, agriculture plays a crucial role in maintaining ecosystem balance and promoting sustainability. The main types of agriculture are animal production, crop production, and rural activities. Crop production is the practice of cultivating crops for both domestic and commercial use. Wheat, maize, rice, jute, and other crops are grown on a large scale. The nature of agricultural products can be organic or conventional and are distributed through supermarkets/hypermarkets, convenience stores, e-commerce, and other channels.

What Is The Agriculture Market Growth Forecast?

The agriculture market size is expected to see strong growth in the next few years. It will grow to $17896.95 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to shift toward sustainable farming methods, rising demand for organic produce, increasing climate adaptation strategies, expansion of agroforestry systems, growing investment in rural development programs. Major trends in the forecast period include growing adoption of mixed farming systems, rising demand for organic and naturally grown produce, increasing focus on soil health and regenerative practices, expansion of diversified crop production, growth in community-supported and localized agricultural models.

Global Agriculture Market Segmentation

1) By Type: Animal Produce, Crop Production, Rural Activities 2) By Nature: Organic, Conventional 3) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels Subsegments: 1) By Animal Produce: Livestock, Poultry, Dairy Products 2) By Crop Production: Cereal Crops, Oilseed Crops, Horticultural Crops 3) By Rural Activities: Agroforestry, Organic Farming, Agricultural Services

What Is Driver Of The Agriculture Market?

Shifting consumer preferences towards healthier and diverse diets is expected to propel the growth of the agriculture market going forward. Healthier and diverse diets refer to diets that are rich in nutrients and diverse in food choices. Diversifying agriculture can improve the diversity and nutrient adequacy of diets of smallholder farming households that raise crops. This can lead to increased demand for a wider variety of crops, which can benefit farmers and increase the diversity of crops grown in the agriculture market. For instance, in 2024, according to the International Food Information Council, a US-based nonprofit organization, the share of consumers seeking to increase their protein intake has steadily grown, from 59% in 2022 to 67% in 2023 and 71% in 2024. Therefore, shifting consumer preferences towards healthier and diverse diets is fueling the growth of the agriculture industry.

Key Players In The Global Agriculture Market

Major companies operating in the agriculture market are Cargill Incorporated, Archer Daniels Midland Co., BASF SE, Wilmar International Ltd., Dow Inc., Olam International, Bayer AG, Tyson Foods, Deere & Company, Nutrien Ltd., WH Group Limited, Yara International ASA, CNH Industrial NV, Kubota Corporation, Syngenta AG, The Mosaic Company, Corteva Inc., The Andersons Inc., Charoen Pokphand Foods PCL, Land O'Lakes Inc., Mahindra & Mahindra Ltd., AGCO Corporation, Wens Foodstuff Group Co. Ltd., FMC Corporation, The Toro Company, Valmont Industries Inc., The Scotts Miracle-Gro Company, Flour Mills of Nigeria, Dairy Farmers of America, Bunge Limited

Global Agriculture Market Trends and Insights

Major companies operating in the agriculture market are developing digital farming platforms, such as monitoring and management of agricultural processes, to enhance efficiency and sustainability in agriculture through real-time monitoring and data analytics. These technologies enable precision agriculture, improving yields while minimizing environmental impact. Monitoring and management of agricultural processes involve systematically observing and regulating farming activities to optimize production and sustainability. This includes data collection, analysis, and informed decision-making for improved efficiency and environmental stewardship. For instance, in September 2024, Bayer, a Germany-based pharmaceutical company, launched a Forward Farming initiative that promotes sustainable agricultural practices to empower smallholder farmers in India, enhancing productivity and resource efficiency through innovative techniques and technology integration. Its purpose is to improve food security while fostering environmental stewardship and economic resilience.

What Are Latest Mergers And Acquisitions In The Agriculture Market? Husqvarna Group Acquires Inceres To Strengthen Digital Agriculture Capabilities

In August 2024, Husqvarna Group, a Sweden-based manufacturing company, acquired InCeres for an undisclosed amount. With this acquisition, Husqvarna Group aims to combine digital intelligence with its mechanical solutions to create a disruptive Total Farm Management offering that enhances productivity, sustainability, and food security globally while becoming a trusted one-stop-shop ecosystem for light agriculture farmers. InCeres is a Brazil-based digital agriculture company that offers products and services for the agriculture industry.

Regional Outlook

Asia-Pacific was the largest region in the agriculture market in 2025. North America was the second largest region in the agriculture market. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

What Defines the Agriculture Market?

The agriculture market consists of revenues earned by entities that produce milk, honey, meat, wool, egg, skin and hide, live animals, grain farming, oilseed farming, fruit and nut farming, vegetable farming, general crop farming, greenhouse, nursery, and flowers, and other agriculture products. The agriculture market also consists of revenues earned by entities by providing services such as fishing, hunting and trapping, forestry and logging, agriculture and forestry services, and other agriculture services. This market also includes horticulture and aquaculture. This market excludes proceeds from captive (internal) consumption of the agriculture and forest produce for further processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Agriculture Market Report 2026?

The agriculture market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the agriculture industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.