1. Market Research
  2. > Agriculture Market Trends
  3. > Agricultural Products

Breakthroughs that will shape the future of the crops and livestock products industries

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
35 votes

Global Agricultural Products Industry

Traditionally a labor-intensive activity, agriculture and agricultural products are increasingly mechanized industries. Agriculture employs around 35% of workers worldwide and has seen the services sector expand to become the world’s biggest employer. Agricultural production represents less than 5% of the gross world product.

The industry is driven by the rising population’s ever-increasing demand for food and evolving consumer tastes requiring more varied food choices. Demand for agricultural products is nearing record highs. With meat representing an increasing percentage of overall global food consumption, there is a far greater demand for grain to feed livestock.

Economic growth is another important factor in the demand for agricultural products. Growth is uneven, with non-OECD countries showing faster economic growth and rising incomes pushing consumers toward diets of more calorie-dense foods. Similarly to economic growth, population growth in non-OECD countries is also at a faster pace, fuelling agricultural product demand.

Key Market Segments

Agricultural products can be classed into different categories such as raw materials (bamboo and lumber), fibers (flax, silk, cotton, hemp and wool), foods (fruit, vegetables, livestocks and cereals), fuels (ethanol, biomass and methane) and beverages (such as wine or juices).

The world seeds market is expected to reach $47 billion by 2015, according to Global Industry Analysts. The market is driven by demand for pest-resistant seeds, hybrid seeds and biotech crops. Factors facilitating production include biotechnology and innovative farming practices.

The world’s need for fertilizers in horticulture will likely grow 3% yearly through 2014 to reach 380 million metric tons, reports Freedonia. Rising demand for food, and high-protein products in particular, continues to encourage farmers to improve soil quality in the hopes of yielding bigger crops, boosting demand for fertilizers.

The cereal crops industry consists of rice, wheat and coarse grains like oats and barley. MarketLine estimates the worth of the world cereal crops industry was just over $417 billion in 2010. This represents almost 8% yearly growth for the four preceding years. In the same period, cereal crop production grew at almost 3.5% yearly, settling to just under 1,875 million tons in 2010. Production rates are estimated to fall almost 3% to under 5% yearly between 2010 and 2015, bringing the industry to over $530 billion.

The world forest products industry was worth over $1.2 trillion in 2010, growing over 16% in the year, according to MarketLine. The industry is expected to reach a value in excess of $1.5 trillion in 2015, up over 26% in the five-year period. This highly fragmented market grew more than 1.5% in 2010 to a volume of over 2.9 billion cubic meters. In terms of volume, the global forest products industry is predicted to grow to over 3 billion cubic meters, a 5% increase compared with 2010. Wood fuel represents the largest sub segment of the market at over 31% of its overall value. Asia-Pacific represents almost 55% of the global forest products market in terms of value.

The world gardening market expanded almost 2% in 2009 to reach almost $163 billion, according to MarketLine. Market growth has been affected by the global recession, which saw consumers less willing to part with disposable income for leisure expenses, such as outdoor living and gardening products. As the market rebounds, it is predicted to expand 12% to reach almost $183 billion in 2014. Shrubs, growing media and plants account for almost 58% of the overall market, representing the biggest sub segment. Americas hold 40% of the market.

Read more »

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+44 20 8816 8032

1-10 of about 9 900 reports

Agricultural Products Industry in the US

  • September 2015
    16 pages
  • United States  

View report >

Agricultural Products Statistics in Japan

  • January 2015
    212 pages
  • Japan  

    Asia  

    United States  

View report >

Agricultural Products Industry in France

  • January 2014
    24 pages
  • Agricultural Pr  

    Agriculture  

  • France  

    Europe  

View report >

The future of the Agricultural Products Industry in Germany

  • January 2015
    8 pages
  • Agricultural Pr  

  • Germany  

View report >

Agricultural Products Markets in the UK

  • January 2015
    6 pages
  • United Kingdom  

View report >

Agricultural Products Industry in Russia

  • January 2013
    30 pages
  • Livestock  

    Crop Production  

  • Russian Federat  

    Europe  

View report >

Agricultural Products Industry in China

  • March 2015
    24 pages
  • Agricultural Pr  

  • China  

View report >

Agricultural Products Industry in New Zealand

  • February 2015
    172 pages
  • Water  

    Aquaculture  

  • New Zealand  

View report >

Agricultural Products Industry in New Zealand

  • February 2015
    172 pages
  • Water  

    Aquaculture  

  • New Zealand  

View report >

Search in Agricultural Products Industry (About 9 900 reports)
Parent industry: Agriculture
Related markets: Crop Production, Milk, Seed, Corn, Vegetable, Wheat, Cattle, Soybean, Farmer, Seed Development, Dairy Farming, Oilseed, Forestry, Cereal Grain, Barley, Whole Grain, Flower

About 3 700 reports

Purchase Reports From Reputable Market Research Publishers
(From € 79 - € 6 000)

Forage Seed Market: Global Industry Analysis and Opportunity Assessment, 2014 – 2020

Forage Seed Market: Global Industry Analysis and Opportunity Assessment, 2014 – 2020

  • € 6 000
  • Industry report
  • November 2015
  • by Future Market Insight Global & Consulting Pvt Ltd

Future Market Insights (FMI) study offers a seven year forecast of the global forage seed market between 2014 and 2020. The market is expected to expand at a CAGR of 8.2% in terms of volume during the ...

Feed Pigment Market By Type, Carotenoids Source, Livest ...

January 2016 € 3 720

Non-crop Pesticides On Forestry Segment In China

December 2015 € 3 456

Global Methionine Market - Segmented By Type, Applicati ...

December 2015 € 3 400

Animal Feed Markets In China

February 2016 € 3 200

Global Vegetable Seed Sales 2015 Market Research Repo ...

December 2015 € 3 200

Global Epoxidized Soybean Oil Sales 2015 Market Researc ...

December 2015 € 3 200

Global Soy Protein Isolate Sales 2015 Market Research R ...

December 2015 € 3 200

Global Wheat Seed Sales 2015 Market Research Report

December 2015 € 3 200

Global Rice Seed Sales 2015 Market Research Report

November 2015 € 3 200

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.