Key Market Indicators
The global agricultural area is expected to expand in the coming years. According to a recent report, it is estimated that by 2026 this area will reach 13.8 million hectares. This represents an increase of 1.3% annually on average, compared to the 0.7% average increase from 1966 to 2021. Tanzania currently holds the number 22 spot in the rankings with 12.7 million hectares of agricultural land. India, Russia and China occupy the top 3 spots, respectively.