PUBLISHER: The Business Research Company | PRODUCT CODE: 1713630
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713630
Production agriculture is the organized process of cultivating crops and raising animals to produce food, fiber, and other agricultural goods. It involves the use of advanced technology and efficient farming methods to maximize crop yields and livestock productivity, ensuring a consistent supply of agricultural products.
The key aspects of production agriculture include solutions and services. These solutions involve technologies and practices aimed at improving the efficiency, productivity, and sustainability of agricultural operations. They are implemented through cloud-based or on-premise systems across farms of all sizes large, medium, and small for applications such as farm analytics, livestock analytics, and aquaculture analytics.
The production agriculture market research report is one of a series of new reports from The Business Research Company that provides production agriculture market statistics, including the production agriculture industry's global market size, regional shares, competitors with a production agriculture market share, detailed production agriculture market segments, market trends and opportunities, and any further data you may need to thrive in the production agriculture industry. This production agriculture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The production agriculture market size has grown strongly in recent years. It will grow from $167.66 billion in 2024 to $179.48 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increasing environmental concerns, increasing use of modern agricultural inputs, increasing digital connectivity, increasing transportation, and increasing agricultural pests and diseases.
The production agriculture market size is expected to see strong growth in the next few years. It will grow to $237.92 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to the growing need to conserve natural resources, expansion of agricultural trade, changes in consumer preferences, investment and financing, and international trade agreements. Major trends in the forecast period include advanced analytics and big data, sustainable practices and indoor farming, artificial intelligence and machine learning, genomics and biotechnology and CRISPR technology.
The growing adoption of modern agricultural methods is projected to drive the expansion of the production agriculture market in the future. Modern agricultural methods involve techniques that boost productivity and sustainability through innovations such as genetically modified seeds and organic farming practices. This rise is largely fueled by the need for higher crop yields, better resistance to pests and diseases, and improved sustainability. These methods enhance safety in production agriculture by integrating advanced technologies like automated machinery, precision farming tools, and safety monitoring systems, which minimize the risk of accidents and improve overall efficiency. For instance, in July 2024, the U.S. Department of Agriculture reported that approximately 90% of corn and cotton fields in the U.S. were planted with genetically modified seeds corn with herbicide-tolerant traits and cotton with insect-resistant traits. Additionally, in May 2024, the Department for Environment, Food, and Rural Affairs indicated that the total area of land farmed organically in the UK reached 498,000 hectares in 2023. Thus, the increasing adoption of modern agricultural methods is driving the growth of the production agriculture market.
Leading companies in the production agriculture market are focusing on developing biological crop protection solutions, such as biofungicides, to enhance crop health and sustainability while minimizing environmental impact. Biofungicides are biological agents used to combat fungal diseases in plants, typically derived from natural organisms or their byproducts. For instance, in August 2023, FMC India Private Limited, an India-based agricultural sciences firm, launched ENTAZIA, an advanced biological crop protection product made with Bacillus subtilis. This innovative product provides an effective and eco-friendly way for farmers to protect their crops from fungi, particularly bacterial leaf blight in rice, which can significantly impact yield and quality. ENTAZIA represents a sustainable approach to crop protection while maintaining environmental integrity.
In December 2022, ADAMA Ltd., an Israel-based chemical manufacturing company, acquired AgriNova New Zealand Ltd. for an undisclosed sum. This acquisition aims to enhance ADAMA Ltd.'s product portfolio in New Zealand, expand into biologicals, plant nutrition, and plant growth regulators (PGR), and support long-term growth in the region. AgriNova New Zealand Ltd. specializes in crop protection products, plant growth regulators, and related solutions.
Major companies operating in the production agriculture market are BASF SE, The Dow Chemical Company, Bayer CropScience Ltd, Deere & Company, Nutrien Ltd., Sumitomo Chemical Company Limited, Kubota Corporation, Corteva Inc., Syngenta Group, Lanxess AG, UPL Limited, FMC Corporation, ADAMA Ltd., Nufarm Limited, Coromandel International Limited, Kumiai Chemical Industry Co Ltd., Nippon Soda Co Ltd., PI Industries Limited, Valent USA LLC, Dhanuka Agritech Limited, Isagro S.p.A., Certis USA LLC, W. Neudorff GmbH & Co. KG, Sulphur Mills Limited, Traction Ag
North America was the largest region in the production agriculture market in 2023. The regions covered in the production agriculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the production agriculture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The production agriculture market includes revenues earned by entities by providing services such as soil management and fertility, crop management, livestock management, farm machinery and equipment, and irrigation systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Production Agriculture Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on production agriculture market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for production agriculture ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The production agriculture market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.