Rural activities industry include establishments involved in cotton ginning, soil preparation, planting, and cultivating, crop harvesting, postharvest crop activities, farm labour contractors and crew leaders, farm management services, support activities for animal production, support activities for forestry, finfish fishing, shellfish fishing, other marine fishing, hunting and trapping, timber tract operations, forest nurseries and gathering of forest products and logging.
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The reason for substantial growth of the market from $1.3 trillion in 2017 to $1.8 trillion in 2021 is the increasing consumption of wood and wood-based products which will drive the market for forestry and logging, thereby driving the rural activities market.
The market in the report is segmented into: forestry and logging, fishing, hunting and trapping, and agriculture and forestry support activities.
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Asia Pacific was the largest region in the rural activities market in 2017, accounting for over 55% market share. China was the largest country in the rural activities market in 2017, accounting for more than one-fourth of the market share. This was a result of the large consumer population in the country and high public investment in the country’s agriculture and manufacturing industries.
Some of the top competitors in the market are Olam International, Weyerhaeuser Company and Austevoll Seafood.
Olam International is a leading agri-business operating across 70 countries, supplying food and industrial raw materials to over 23,000 customers worldwide and employs around of 70,000 people.
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