Agriculture involves the cultivation of plants, and animal and bird rearing for food, fabrics, fibers, bio-fuel, medicinal and other products used to sustain and enhance human life. This industry also includes horticulture and aquaculture.
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The global agriculture market has shown high growth in the past years with a CAGR of around 6%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the agriculture market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
World population is growing and is expected to reach 10 billion by 2050. 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.
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TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.
Companies included in the report are Cargill Inc, JBS S.A, Tyson Foods Inc and Tyson Foods.
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