PUBLISHER: Lucintel | PRODUCT CODE: 1418063
PUBLISHER: Lucintel | PRODUCT CODE: 1418063
Agricultural Input Trends and Forecast
The future of the global agricultural input market looks promising with opportunities in the big enterprise, farmer, retailer, and research institution markets. The global agricultural input market is expected to reach an estimated $23.8 billion by 2030 with a CAGR of 9.4% from 2024 to 2030. The major drivers for this market are growing population, leverage advancements in biotechnology, and increasing focus towards ensuring food security and preventing food security.
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Agricultural Input by Segment
The study includes a forecast for the global agricultural input by type, application, and region.
List of Agricultural Input Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural input companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural input companies profiled in this report include-
Agricultural Input Market Insights
Lucintel forecasts that pesticide will remain the largest segment over the forecast period as it helps in yield protection and ensuring food security by minimizing dangerous organisms that effects agricultural output.
Within this market, farmer will remain the largest segment due to elevated demand for agricultural inputs.
APAC will remain the largest region over the forecast period due to growing need for increased food production in the region.
Features of the Global Agricultural Input Market
Market Size Estimates: Agricultural input market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Agricultural input market size by type, application, and region in terms of value ($B).
Regional Analysis: Agricultural input market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the agricultural input market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural input market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the agricultural input market size?
Answer: The global agricultural input market is expected to reach an estimated $23.8 billion by 2030.
Q2. What is the growth forecast for agricultural input market?
Answer: The global agricultural input market is expected to grow with a CAGR of 9.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the agricultural input market?
Answer: The major drivers for this market are growing population, leverage advancements in biotechnology, and increasing focus towards ensuring food security and preventing food security.
Q4. What are the major segments for agricultural input market?
Answer: The future of the agricultural input market looks promising with opportunities in the big enterprise, farmer, retailer, and research institution markets.
Q5. Who are the key agricultural input market companies?
Answer: Some of the key agricultural input companies are as follows.
Q6. Which agricultural input market segment will be the largest in future?
Answer: Lucintel forecasts that pesticide will remain the largest segment over the forecast period as it helps in yield protection and ensuring food security by minimizing dangerous organisms that effects agricultural output.
Q7. In agricultural input market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing need for increased food production in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.