The global demand for Agricultural Commodities Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
Crops and livestock are agricultural commodities raised and harvested to provide food and, in some cases, fuel. Various agricultural commodities, like grains, livestock, and dairy, give food to people and animals worldwide. The agricultural commodities are cereal grains, oilseeds, meat, dairy, other soft commodities, and miscellaneous agricultural commodities. Some agricultural commodities, on the other hand, have purely industrial applications. Furniture industries use lumber from trees for furniture construction, and several manufacturing industries utilize latex from rubber trees. Wool from sheep is used to make fabric for clothing, and lanolin is used to make skin and hair care products.
Income growth, lower trade barriers, and technological advancements have transformed markets and trade processes, connecting farmers to traders and consumers across regions and countries. The growing global food demand drives the global agricultural commodities market. The elevation in demand for staple crops and farm-raised animals, an increment in the demand from various end-user sectors such as textile, construction & furniture, food & beverage, energy & power, and others will spur the market's growth in the future. The market will develop further due to the increased adoption of advanced agricultural practices and smart agriculture. Gradual changes in global temperatures can cause variations in the number of severely hot days throughout the growing season. These heat waves have the potential to limit crop output and cause price hikes significantly. The high prices affect the demands and overall affect the market's growth. Moreover, the pandemic has also dwindled the agricultural market economy, thus impeding the market's growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of agricultural commodities. The growth and trends of agricultural commodities industry provide a holistic approach to this study.
This section of the agricultural commodities market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Cereals Grains
This section covers the regional outlook, which accentuates current and future demand for the Agricultural Commodities market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Agricultural Commodities Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the agricultural commodities market include Tyson Foods Inc., JBS S.A., Cargill Inc., Bunge Limited, ADM, Louis Dreyfus Company, Nestle S.A., Monsanto Company, Olam International, Barry Callebaut Group, Ingredion Inc., Anand Milk Union Limited (Amul), Marfrig, Bayer AG, Conagra Brands Inc., Syngenta Group, General Mills Inc.,. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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