The Business Research Company’s global agriculture, covers the year-on-year growth of the global agriculture historic and forecast growth. It also includes chapters on the agriculture trends, geographical analysis, and competitive landscape.
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The global agriculture market is forecast to grow at a CAGR (compound annual growth rate) of around 5 % to 2022.
Shortage of labor and increasing demand for advanced agriculture tools in many countries is driving the demand for agriculture robots or agribots. Agribots are used in farmlands for pruning, weeding and spraying pesticides and herbicides. They are connected to tractors for spraying water, seeds, pesticides, nutrients and harvesting.
World population is growing and is expected to reach 10 billion by 2050xviii. Increase in population creates more demand for food. Crop production, farming activities and trade volumes will have to increase in order to meet increased population. Agriculture companies will increase acquisitions in arable land to increase crop productions. Agriculture companies are expected to increase their presence and activities to meet increased demand from farming activities.
The global agriculture is primarily driven by emerging markets growth and low interest rate environment
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The global agriculture market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With increasing in population and positive economic growth the global agriculture market is expected to increase in potential and scope. TBRC’s report also covers the global agriculture market report drivers and restraints in the market.
The global agriculture market segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global agriculture report are Cargill, JBS S.A., Tyson Foods
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