Agricultural Commodities Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Trading Type, By Product Type, By Region and Competition, 2020-2030F

Description

The Global Agricultural Commodities Market, valued at USD 225.83 Billion in 2024, is projected to experience a CAGR of 4.96% to reach USD 301.94 Billion by 2030. The global agricultural commodities market encompasses raw materials derived from farming and livestock, including staple crops and animal products, which are traded on international exchanges for direct consumption or as vital industrial inputs. Market expansion is fundamentally supported by an expanding global population, increasing disposable incomes, particularly in emerging economies leading to evolving dietary preferences, and the rising demand for agricultural products in biofuel and other industrial applications.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 225.83 Billion
Market Size 2030	USD 301.94 Billion
CAGR 2025-2030	4.96%
Fastest Growing Segment	Soft
Largest Market	North America

Key Market Drivers

The continuous expansion of the global population represents a fundamental driver for the agricultural commodities market, directly translating into an increased baseline demand for food, feed, and fiber. As the world's population steadily grows, the sheer volume of agricultural output required to sustain consumption patterns expands commensurately, impacting commodity prices and trade flows. This demographic trend places sustained pressure on production systems to enhance yields and efficiency. The necessity to feed a larger populace mandates higher annual production; according to the Food and Agriculture Organization of the United Nations (FAO), in its October 2024 'Cereal Supply and Demand Brief', global food consumption of cereals for the 2024/25 season is forecast to reach a record 1,241 million tonnes, largely driven by population expansion. This underscores the direct link between demographic growth and the agricultural supply imperative.

Key Market Challenges

The escalating impact of climate change, frequently manifesting as extreme weather events, presents a substantial challenge to the global agricultural commodities market. These climatic shifts directly disrupt established agricultural production cycles through phenomena such as prolonged droughts, excessive rainfall, and unpredictable temperature fluctuations. Such events cause significant crop damage, reduce yields, and can delay or prevent harvesting, leading to diminished overall output. Furthermore, extreme weather can damage infrastructure and logistics, thereby hindering global supply chains and increasing transportation costs. This volatility in supply directly contributes to price instability and uncertainty for market participants. According to Copa-Cogeca, in 2024, total EU cereal production is projected to decrease by 4.7%, from 269,899 thousand tons in 2023 to 257,319.6 thousand tons. This reduction underscores how climate-related factors are actively constraining the growth trajectory of agricultural commodity availability and market stability.

Key Market Trends

Digital agriculture transformation involves integrating advanced technologies to enhance efficiency and decision-making across agricultural operations. Precision farming systems, IoT sensors, and data analytics are increasingly deployed to optimize resource utilization and improve yields. According to U. S. Department of Agriculture (USDA) reporting in January 2024, 27 percent of U. S. farms utilized precision agriculture practices in 2023. These tools provide real-time insights into soil conditions, crop health, and weather patterns, enabling targeted interventions and reducing waste. Cargill Ventures, by March 2024, had invested in Bushel, an agricultural software developer, and Grao Direto, a digital commodities trading platform, reflecting strategic focus on digital solutions across the supply chain.

Key Market Players

Archer Daniels Midland Company
AGROPECUARIA MAGGI LTDA
Bunge Global SA
Cargill, Incorporated
Golden Agri-Resources Ltd
JBS USA Food Company Holdings
Louis Dreyfus Company B.V.
Olam Group Limited
Wilmar International Limited
Marfrig Global Foods SA

Report Scope:

In this report, the Global Agricultural Commodities Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Agricultural Commodities Market, By Type:

Hard
Soft

Agricultural Commodities Market, By Trading Type:

Online
Offline

Agricultural Commodities Market, By Product Type:

Soybeans
Corn
Wheat
Rice
Cocoa
Coffee
Cotton
Spices
Oil Seed
Sugar
Meat
Dairy Products
Others

Agricultural Commodities Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Agricultural Commodities Market.

Available Customizations:

Global Agricultural Commodities Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Agricultural Commodities Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Hard, Soft)
- 5.2.2. By Trading Type (Online, Offline)
- 5.2.3. By Product Type (Soybeans, Corn, Wheat, Rice, Cocoa, Coffee, Cotton, Spices, Oil Seed, Sugar, Meat, Dairy Products, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
5.3. Market Map

6. North America Agricultural Commodities Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Trading Type
- 6.2.3. By Product Type
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Agricultural Commodities Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Trading Type
    - 6.3.1.2.3. By Product Type
- 6.3.2. Canada Agricultural Commodities Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Trading Type
    - 6.3.2.2.3. By Product Type
- 6.3.3. Mexico Agricultural Commodities Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Trading Type
    - 6.3.3.2.3. By Product Type

7. Europe Agricultural Commodities Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Trading Type
- 7.2.3. By Product Type
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Agricultural Commodities Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Trading Type
    - 7.3.1.2.3. By Product Type
- 7.3.2. France Agricultural Commodities Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Trading Type
    - 7.3.2.2.3. By Product Type
- 7.3.3. United Kingdom Agricultural Commodities Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Trading Type
    - 7.3.3.2.3. By Product Type
- 7.3.4. Italy Agricultural Commodities Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Trading Type
    - 7.3.4.2.3. By Product Type
- 7.3.5. Spain Agricultural Commodities Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Trading Type
    - 7.3.5.2.3. By Product Type

8. Asia Pacific Agricultural Commodities Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Trading Type
- 8.2.3. By Product Type
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Agricultural Commodities Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Trading Type
    - 8.3.1.2.3. By Product Type
- 8.3.2. India Agricultural Commodities Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Trading Type
    - 8.3.2.2.3. By Product Type
- 8.3.3. Japan Agricultural Commodities Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Trading Type
    - 8.3.3.2.3. By Product Type
- 8.3.4. South Korea Agricultural Commodities Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Trading Type
    - 8.3.4.2.3. By Product Type
- 8.3.5. Australia Agricultural Commodities Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Trading Type
    - 8.3.5.2.3. By Product Type

9. Middle East & Africa Agricultural Commodities Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Trading Type
- 9.2.3. By Product Type
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Agricultural Commodities Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Trading Type
    - 9.3.1.2.3. By Product Type
- 9.3.2. UAE Agricultural Commodities Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Trading Type
    - 9.3.2.2.3. By Product Type
- 9.3.3. South Africa Agricultural Commodities Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Trading Type
    - 9.3.3.2.3. By Product Type

10. South America Agricultural Commodities Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Trading Type
- 10.2.3. By Product Type
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Agricultural Commodities Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Trading Type
    - 10.3.1.2.3. By Product Type
- 10.3.2. Colombia Agricultural Commodities Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Trading Type
    - 10.3.2.2.3. By Product Type
- 10.3.3. Argentina Agricultural Commodities Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Trading Type
    - 10.3.3.2.3. By Product Type

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Agricultural Commodities Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Archer Daniels Midland Company
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. AGROPECUARIA MAGGI LTDA
15.3. Bunge Global SA
15.4. Cargill, Incorporated
15.5. Golden Agri-Resources Ltd
15.6. JBS USA Food Company Holdings
15.7. Louis Dreyfus Company B.V.
15.8. Olam Group Limited
15.9. Wilmar International Limited
15.10. Marfrig Global Foods SA