PUBLISHER: IMARC | PRODUCT CODE: 1451844
PUBLISHER: IMARC | PRODUCT CODE: 1451844
Agribusiness Market by Product (Grains, Oilseeds, Dairy, Livestock, and Others), and Region 2024-2032
The global agribusiness market size reached US$ 3.3 Trillion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Trillion by 2032, exhibiting a growth rate (CAGR) of 2.89% during 2024-2032. The changing dietary preferences, rising global population, rapid globalization and trade, growing environmental sustainability, government policies and regulatory framework, technological advancements in the agricultural sector represent some of the factors driving the market.
Agribusiness refers to the integration of agriculture and business principles in the production, processing, and distribution of agricultural products. It encompasses the entire value chain of agricultural activities, combining elements of farming, manufacturing, and trade. In agribusiness, farmers and agricultural producers are involved in the cultivation of crops or rearing of livestock, and strategic decision-making, risk management and market analysis. Agribusiness enterprises often operate on a large scale, utilizing advanced technologies, modern farming practices, and efficient supply chain management. It plays a crucial role in meeting the ever-increasing demand for food, feed, fiber, and fuel in a rapidly growing global population. It focuses on optimizing productivity and profitability while ensuring sustainability and responsible resource management. Agribusiness also involves agro-processing, adding value to raw agricultural products through activities such as milling, packaging, and food manufacturing.
Agribusiness Market Trends:
The shifting dietary patterns, particularly in emerging economies, toward more protein-rich foods like meat, dairy, and fish is driving the need for increased livestock production and associated agribusiness activities. Additionally, agribusiness is expanding to produce more agricultural products to meet the rising population's nutritional requirements. Besides this, with the growing concerns about environmental issues, climate change, and resource scarcity, sustainable agriculture practices, including precision farming, water management, soil conservation, and biodiversity protection, are gaining popularity, which is shaping the agribusiness landscape. Besides this, rapid globalization and trade are transforming the agribusiness market as International trade agreements, market access, and tariff policies impact the export and import of agricultural products. Other than this, extensive investments in improving rural infrastructure, cold chains, and market linkages is playing a crucial rule for the success of agribusiness. contribute to the growth of the sector. Furthermore, government policies related to agriculture, food safety, labeling, subsidies, and agricultural research and development have a significant influence on the agribusiness sector. In line with this, the technological advancements in the agricultural sector is revolutionizing the agribusiness market. For instance, innovations in areas, such as precision farming, agricultural biotechnology, and smart farming techniques, enable increased productivity, efficient resource management, and enhanced quality control. These factors are expected to provide a favorable market outlook in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global agribusiness market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on the product.
Product Insights:
Grains
Wheat
Rice
Coarse grains-ragi
Sorghum
Millets
Oilseeds
Wheat
Rice
Coarse grains-ragi
Sorghum
Dairy
Liquid milk
Milk powder
Ghee
Butter
Ice-cream
Cheese
Others
Livestock
Pork
Poultry
Beef
Sheep meat
Others
The report has provided a detailed breakup and analysis of the agribusiness market based on the product. This includes grains (wheat, rice, coarse grains-ragi, sorghum and millets), oilseeds (wheat, rice, coarse grains-ragi) and ragi, dairy (liquid milk, milk powder, ghee, butter, ice-cream, cheese, and others), livestock (pork, poultry, beef, and sheep meat), and others. According to the report, grains represented the largest segment.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for agribusiness. Some of the factors driving the North America agribusiness market included technological advancements, shift in consumer preferences, and trade and export opportunities.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global agribusiness market. Also, detailed profiles of all major companies have been provided. Some of the companies covered include ABP Food Group, Archer-Daniels-Midland Company, Associated British Foods Plc, BASF SE, Bayer AG, Bunge Limited, Cargill Incorporated, CHS Inc., Nippon Soda Co. Ltd., Nutrien Ltd., Syngenta AG (China National Chemical Corporation), Wilmar International Limited., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global agribusiness market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global agribusiness market?
- What is the impact of each driver, restraint, and opportunity on the global agribusiness market?
- What are the key regional markets?
- Which countries represent the most attractive agribusiness market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the agribusiness market?
- What is the competitive structure of the global agribusiness market?
- Who are the key players/companies in the global agribusiness market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Agribusiness Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Grains
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Wheat
- 6.1.2.2 Rice
- 6.1.2.3 Coarse Grains - Ragi
- 6.1.2.4 Sorghum
- 6.1.2.5 Millets
- 6.1.3 Market Forecast
- 6.2 Oilseeds
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Wheat
- 6.2.2.2 Rice
- 6.2.2.3 Coarse Grains - Ragi
- 6.2.2.4 Sorghum
- 6.2.3 Market Forecast
- 6.3 Dairy
- 6.3.1 Market Trends
- 6.3.2 Key Segments
- 6.3.2.1 Liquid Milk
- 6.3.2.2 Milk Powder
- 6.3.2.3 Ghee
- 6.3.2.4 Butter
- 6.3.2.5 Ice-cream
- 6.3.2.6 Cheese
- 6.3.2.7 Others
- 6.3.3 Market Forecast
- 6.4 Livestock
- 6.4.1 Market Trends
- 6.4.2 Key Segments
- 6.4.2.1 Pork
- 6.4.2.2 Poultry
- 6.4.2.3 Beef
- 6.4.2.4 Sheep Meat
- 6.4.3 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Region
- 7.1 North America
- 7.1.1 United States
- 7.1.1.1 Market Trends
- 7.1.1.2 Market Forecast
- 7.1.2 Canada
- 7.1.2.1 Market Trends
- 7.1.2.2 Market Forecast
- 7.1.1 United States
- 7.2 Asia-Pacific
- 7.2.1 China
- 7.2.1.1 Market Trends
- 7.2.1.2 Market Forecast
- 7.2.2 Japan
- 7.2.2.1 Market Trends
- 7.2.2.2 Market Forecast
- 7.2.3 India
- 7.2.3.1 Market Trends
- 7.2.3.2 Market Forecast
- 7.2.4 South Korea
- 7.2.4.1 Market Trends
- 7.2.4.2 Market Forecast
- 7.2.5 Australia
- 7.2.5.1 Market Trends
- 7.2.5.2 Market Forecast
- 7.2.6 Indonesia
- 7.2.6.1 Market Trends
- 7.2.6.2 Market Forecast
- 7.2.7 Others
- 7.2.7.1 Market Trends
- 7.2.7.2 Market Forecast
- 7.2.1 China
- 7.3 Europe
- 7.3.1 Germany
- 7.3.1.1 Market Trends
- 7.3.1.2 Market Forecast
- 7.3.2 France
- 7.3.2.1 Market Trends
- 7.3.2.2 Market Forecast
- 7.3.3 United Kingdom
- 7.3.3.1 Market Trends
- 7.3.3.2 Market Forecast
- 7.3.4 Italy
- 7.3.4.1 Market Trends
- 7.3.4.2 Market Forecast
- 7.3.5 Spain
- 7.3.5.1 Market Trends
- 7.3.5.2 Market Forecast
- 7.3.6 Russia
- 7.3.6.1 Market Trends
- 7.3.6.2 Market Forecast
- 7.3.7 Others
- 7.3.7.1 Market Trends
- 7.3.7.2 Market Forecast
- 7.3.1 Germany
- 7.4 Latin America
- 7.4.1 Brazil
- 7.4.1.1 Market Trends
- 7.4.1.2 Market Forecast
- 7.4.2 Mexico
- 7.4.2.1 Market Trends
- 7.4.2.2 Market Forecast
- 7.4.3 Others
- 7.4.3.1 Market Trends
- 7.4.3.2 Market Forecast
- 7.4.1 Brazil
- 7.5 Middle East and Africa
- 7.5.1 Market Trends
- 7.5.2 Market Breakup by Country
- 7.5.3 Market Forecast
8 Drivers, Restraints, and Opportunities
- 8.1 Overview
- 8.2 Drivers
- 8.3 Restraints
- 8.4 Opportunities
9 Value Chain Analysis
10 Porters Five Forces Analysis
- 10.1 Overview
- 10.2 Bargaining Power of Buyers
- 10.3 Bargaining Power of Suppliers
- 10.4 Degree of Competition
- 10.5 Threat of New Entrants
- 10.6 Threat of Substitutes
11 Price Analysis
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 ABP Food Group
- 12.3.1.1 Company Overview
- 12.3.1.2 Product Portfolio
- 12.3.2 Archer-Daniels-Midland Company
- 12.3.2.1 Company Overview
- 12.3.2.2 Product Portfolio
- 12.3.2.3 Financials
- 12.3.2.4 SWOT Analysis
- 12.3.3 Associated British Foods plc
- 12.3.3.1 Company Overview
- 12.3.3.2 Product Portfolio
- 12.3.3.3 Financials
- 12.3.3.4 SWOT Analysis
- 12.3.4 BASF SE
- 12.3.4.1 Company Overview
- 12.3.4.2 Product Portfolio
- 12.3.4.3 Financials
- 12.3.4.4 SWOT Analysis
- 12.3.5 Bayer AG
- 12.3.5.1 Company Overview
- 12.3.5.2 Product Portfolio
- 12.3.5.3 Financials
- 12.3.5.4 SWOT Analysis
- 12.3.6 Bunge Limited
- 12.3.6.1 Company Overview
- 12.3.6.2 Product Portfolio
- 12.3.6.3 Financials
- 12.3.6.4 SWOT Analysis
- 12.3.7 Cargill Incorporated
- 12.3.7.1 Company Overview
- 12.3.7.2 Product Portfolio
- 12.3.7.3 SWOT Analysis
- 12.3.8 CHS Inc.
- 12.3.8.1 Company Overview
- 12.3.8.2 Product Portfolio
- 12.3.8.3 Financials
- 12.3.8.4 SWOT Analysis
- 12.3.9 Nippon Soda Co. Ltd.
- 12.3.9.1 Company Overview
- 12.3.9.2 Product Portfolio
- 12.3.9.3 Financials
- 12.3.9.4 SWOT Analysis
- 12.3.10 Nutrien Ltd.
- 12.3.10.1 Company Overview
- 12.3.10.2 Product Portfolio
- 12.3.11 Syngenta AG (China National Chemical Corporation)
- 12.3.11.1 Company Overview
- 12.3.11.2 Product Portfolio
- 12.3.11.3 SWOT Analysis
- 12.3.12 Wilmar International Limited
- 12.3.12.1 Company Overview
- 12.3.12.2 Product Portfolio
- 12.3.12.3 Financials
- 12.3.12.4 SWOT Analysis
- 12.3.1 ABP Food Group
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Agribusiness Market: Major Drivers and Challenges
- Figure 2: Global: Agribusiness Market: Sales Value (in Trillion US$), 2018-2023
- Figure 3: Global: Agribusiness Market Forecast: Sales Value (in Trillion US$), 2024-2032
- Figure 4: Global: Agribusiness Market: Breakup by Product (in %), 2023
- Figure 5: Global: Agribusiness Market: Breakup by Region (in %), 2023
- Figure 6: Global: Agribusiness (Grains) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 7: Global: Agribusiness (Grains) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 8: Global: Agribusiness (Oilseeds) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Agribusiness (Oilseeds) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Agribusiness (Dairy) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Agribusiness (Dairy) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Agribusiness (Livestock) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Agribusiness (Livestock) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Agribusiness (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Agribusiness (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: North America: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: North America: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: United States: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: United States: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Canada: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Canada: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Asia-Pacific: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Asia-Pacific: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: China: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: China: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Japan: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Japan: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: India: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: India: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: South Korea: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: South Korea: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Australia: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Australia: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Indonesia: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Indonesia: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Others: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Others: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Europe: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Europe: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Germany: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Germany: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: France: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: France: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: United Kingdom: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: United Kingdom: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Italy: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Italy: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Spain: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Spain: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Russia: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Russia: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Others: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Others: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Latin America: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Latin America: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Brazil: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Brazil: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Mexico: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Mexico: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Others: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Others: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Middle East and Africa: Agribusiness Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Middle East and Africa: Agribusiness Market: Breakup by Country (in %), 2023
- Figure 64: Middle East and Africa: Agribusiness Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Global: Agribusiness Industry: Drivers, Restraints, and Opportunities
- Figure 66: Global: Agribusiness Industry: Value Chain Analysis
- Figure 67: Global: Agribusiness Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Agribusiness Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Agribusiness Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Agribusiness Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 4: Global: Agribusiness Market: Competitive Structure
- Table 5: Global: Agribusiness Market: Key Players
