In 2023, India led the global wheat growth capital and venture capital investments with $31.31 billion, showing a 3.55% increase. The United States followed with $6.18 billion, experiencing a growth of 1.69%. Japan marked a significant year-on-year rise of 4.19% with an investment of $3.65 billion. Other notable contributors included Mexico at $1.6 billion (up 1.33%) and Canada at $1.55 billion (up 2.09%). Ukraine, Kazakhstan, and South Africa also increased their investments by 2.41%, 0.62%, and 2.69%, respectively. Argentina, New Zealand, Israel, and Norway showed varied performance, with New Zealand and Israel experiencing declines of -0.43% and -1.9%, respectively, while Argentina grew slightly by 0.22%.
Future trends to watch for include continued growth in emerging markets, particularly India and South Africa, which have shown robust year-on-year increases. Advanced economies like the United States and Japan are likely to maintain steady growth. Conversely, declining investments in New Zealand and Israel may suggest a slowing trend or reallocating funds to other sectors or countries.
Top countries in Wheat Growth Capital and Venture Capital by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 31,310 | 2023 | +3.62% | +3.55% | View data |
| 2 | 2 United States | 6,180 | 2023 | +2.3% | +1.69% | View data |
| 3 | 3 Japan | 3,650 | 2023 | -0.31% | +4.19% | View data |
| 4 | 4 Mexico | 1,600 | 2023 | +4.1% | +1.33% | View data |
| 5 | 5 Canada | 1,550 | 2023 | +1.63% | +2.09% | View data |
| 6 | 6 Ukraine | 1,450 | 2023 | +1.88% | +2.41% | View data |
| 7 | 7 Kazakhstan | 1,160 | 2023 | +7.04% | +0.62% | View data |
| 8 | 8 South Africa | 1,050 | 2023 | +1.68% | +2.69% | View data |
| 9 | 9 Argentina | 946.74 | 2023 | +3.21% | +0.22% | View data |
| 10 | 10 New Zealand | 298.16 | 2023 | +1.95% | -0.43% | View data |