PUBLISHER: DataM Intelligence | PRODUCT CODE: 1262762
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1262762
The global grain farming market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 5.63% during the forecast period (2023-2030).
Grain farming is an important industry worldwide, providing food for millions of people. The most commonly used grain types are wheat, rye, buckwheat, millet, quinoa, amaranth, barley, sorghum, corn or maize, rice and teff.
As there is an increase in demand for grain, the millwrights and the farmers are responsible for growing, processing and storing grains. The grain farming process is an essential process that includes steps like planting, growing, harvesting, threshing and storing the final product.
Changes in people's diet have been witnessed to be a significant factor in the growth of the grain farming market. There is a demand for plant-based products, which will increase the need for grain crop productivity. Many people are shifting towards a healthier lifestyle, which includes a diet that is rich in whole grains, fruits, and vegetables.
As a result, there is an increased demand for grain crops such as wheat, rice, corn, and soybeans, which are important sources of plant-based protein, fiber, and other essential nutrients.
Many areas of agriculture are being affected by the limited technology in agriculture such as fertilizers, pesticides, seed technology, etc. The increasing advancement of technology is also helping in reducing input costs, increasing efficiency, and improving sustainability. The technology is the grain farming market through the use of precision agriculture techniques, such as GPS-enabled machinery and remote sensing drones.
These technologies enable farmers to gather detailed information about soil conditions, crop growth, and weather patterns, allowing to make more informed decisions about planting, fertilization, and pest management. Thus, technology is improving sustainability and making the industry more competitive and sustainable for farmers and agribusinesses.
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it to pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
The global grain farming market is segmented based on product type, distribution channel, and region.
In 2022, the organic segment held the highest share of the grain farming market. Organic grain farming is a method of producing crops without using synthetic fertilizers, pesticides, or genetically modified organisms (GMOs). This organic method type of farming relies on natural processes to maintain soil fertility and control pests and diseases.
Organic grain farming can also help to improve soil health and reduce the use of chemical inputs, which can lead to more sustainable agriculture practices. This can be particularly important in areas where intensive farming practices have led to soil degradation and other environmental problems.
The grain farming market is being boosted in the North American region due to the increasing population of North America for which reason there is a high demand observed for food in that region. Grain farming is an important part of the food supply chain, providing grains that are used for bread, cereal, pasta, and many other foods.
North America is also a major exporter of grains such as corn, wheat, and soybeans. The region has already adopted technological farming, making it simple to produce more grain with less land. Moreover, the increasing demand for food, export opportunities, technological advancements, government support, and demand for organic products have all contributed to the growth of the grain farming market in North America.
The major global players include BASF Agricultural Products, CNH Industrial Agricultural Products, ADM Agriculture Products, John Deere Agriculture Products, Yara International Agriculture Products, Syngenta Agriculture Products, Bayer Agriculture Products, Cargill Agriculture Products, Seaboard Corporation, and Sygenta AG.
The Global Grain Farming Market Report Would Provide Approximately 53 Tables, 49 Figures and 102 pages.