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Allied Market Research

Agricultural Product Market Type (Food (Cereals, Fruits, and Vegetables), Fiber (Cotton and Jute) Fuel (Sugarcane, Sorghum, and Ethanol), Raw Material ) Application (Direct Consumption, Food & Fabrics, Construction & Paper Products, Others) Industry Vertical (Food & Nutrition, Sustainable Agribusiness, Production & Harvesting, Agribusiness Technological Inputs, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A06363
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Oct 2020 | 664 Views
 
Author(s) : NA
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COVID-19

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Agricultural products comprise of foods, fibers, fuels, and raw materials. Agriculture includes cultivation of crops, bee-keeping, animal husbandry, fish farming, and poultry. These products are either directly consumed or further processed and sold, and even exported at a large scale.Disposable income, population, consumer taste, and preferences and substitutes of other products drive the growth of the agricultural products market. In addition, surge in population increases the intake of food, which boosts the market growth. Moreover, technological innovations fuel the productivity, which increases the availability of these products in the market, in turn fostering the growth of the market. Decline in the share of agricultural products in total production is observed as a challenge across different regions.

 

Market scope and structure analysis:

                   Report Metric

                                             Details

  Market Size Available for Years

  2020–2027

  Base Year Considered

  2019

  Forecast Period

  2021–2027

  Forecast Units

  Value ($US)

  Segments Covered

  Type, Application, Industry Vertical, and Region

  Regions Covered

North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, Mexico, and Rest of LAMEA)

  Companies Covered

Yara International,Sundrop Farms, Syngenta, Deere&Company, Cargill, Adecagro SA, Fresh Del Monte Produce Inc., Monsanto Company, Agrium Inc., Archer Daniels Midland Company, BASF- Agriculture.

 

COVID-19 Scenario Analysis: 

  • Overview: Although the food supply has been adequate as of now, the food systems will be tested at all levels in the coming months. Due to disruptions in the value chains, less production of the high value commodities such as fruits &vegetables is rarely noticeable, but the cereal stock of wheat and other major staple crops stands positive.

  • Impacts on Industry Avenue:The pandemic is affecting the global food systems, disrupting regional agricultural value chains, and creating risks of household food security. Not just this, but the virus outbreak has augmented awareness of food safety for producers, businesses, governments, and consumers.

  • Production shutdown scenario:The lockdown has severely disrupted the agricultural sector, depriving it of buyers and migrant laborers as the restrictions and regulatory hurdles halt people’s movements.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers,and Impact Analysis

The use of innovative technologies in farming has opened up new doors for investment opportunities. This over indulgence of high input farming using high technology has caused a negative implication such as deforestation. There is an increase in the emission of greenhouse gases from machineries, which surges the level of pollution and degrades the productivity levels, hence hampering growth.The demand for agricultural products is expected to increaseowing to growing population, and hence the major players are spending and investing in strategies for extracting the most out of the minimum.

The global agricultural productmarket trends are as follows:

Use of robotics in farming

The emergence of robotics and its involvement in farming and agricultural products has shown considerable productivity and efficiency. Deere & Company spent $305 million in 2018 to acquire Blue River technology. This is a startup that enables the identification of unwanted plants. The technology sprays high-precision herbicide that eventually reduces input costs and increases efficiency.
Use of robotics have been in the harvesting activities, but this innovation is anticipatedto empower the production performance and generate better output.

Using the sun to generate freshwater

One of the major modern trends in agriculture is increase in water efficiency in farming and food production. Fearing the global population and climatic changes, there arises a need for irrigation solutions that can improve the cultivation performance.

An innovative idea of utilizing the saline sea water and converting it into freshwater with the help of solar energy was brought into picture by Sundrop Farms.
This technology is expected to replace the requirement of freshwater for irrigation, posing potential of becoming a game-changer in the industry.

Sustainable agricultural production

The increase in consumer awareness and the decline in natural resources, is making it mandatory for the producers to work on such techniques and solutions that enable the utmost productivity, utilizing the existing resources, and maintaining a healthy level of mineral deposit for further activity in the field.

Key Segments Covered:

                Segments

                                Sub-segments

  Type

  • Food (Cereals, Fruits, and Vegetables)
  • Fiber (Cotton andJute)
  • Fuel (Sugarcane, Sorghum, and Ethanol)
  • Raw Material

  Application

  • Direct Consumption
  • Food & Fabrics
  • Construction & Paper Products
  • Others

  Industry Vertical

  • Food & Nutrition
  • Sustainable Agribusiness
  • Production & Harvesting
  • Agribusiness Technological Inputs
  • Others

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global agricultural product industry along with the current trends and future estimations to determine the imminent investment pockets.

  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global agricultural product market share.

  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global agricultural product market growth scenario.

  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 

  • The report provides a detailed global agricultural product market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions Answered in the Agricultural Product Market Research Report:

  • What are the leading market players active in the agricultural product market?

  • What the current trends will influence the market in the next few years?

  • What are the driving factors, restraints, and opportunities in the market?

  • What future projections would help in taking further strategic steps?

 

 

 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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