Global Agribusiness Market Size, Share, and Trends Analysis Report, By Products (Cereals and Grains, Oilseeds, Dairy, Livestock, and Others) and By End-User (Governmental, Commercial, and Others), Forecast (2022-2028)

The global agribusiness market is anticipated to grow at a significant CAGR 5% during the forecast period (2022-2028). The global agribusiness market is growing due to the increasing use of technologies in farming. The rising need for food to satisfy the hunger of rapidly expanding population is also boosting the growth of the market. The increasing consumer awareness of organic food products is generating new opportunities for development in the market. Additionally, supportive government initiatives for the development of the agricultural business is also boosting the growth of the market. The emergence of robotics and its implementation in agriculture and farming is anticipated to propel the growth of the global agribusiness market during the forecast period.

The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new launches, to stay competitive in the market. For instance-

• In March 2022, BASF SE announced the launch of the open innovation platform AgroStart to inspire new digital solutions for agriculture.
• In February 2022, Dairy.com, ever.ag, and EFC Systems came together to form EverAg, to empower agriculture, food, and beverage supply chains to feed a growing global population.
• In August 2021, ITC Ltd. announced the launch of an application to tap small farmers’ potential that will offer a wide range of agricultural solutions while its micro-services structure will enable plug-in by a range of tech solutions.
• In June 2020, Microsoft announced the launch of a program for Agri-tech startups in India that are committed to driving transformation in agriculture.

Market Coverage

• The market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Products
  • By End-User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Holly Green Agric Group LTD., V BIOTECH ENTERPRISES Co. Ltd., Kishen Enterprises Ltd. and Peculiar Africa ltd. among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Agribusiness Market Report by Segment

By Products

• Cereals and Grains
• Oilseeds
• Dairy
• Livestock
• Others

By End-User

• Governmental
• Commercial
• Others