The briefing examines how the agriculture industry is performing globally and in the largest countries in terms of agriculture output. The report also provides data for production, market size, imports, exports, industry costs, industry profitability and number of companies.
This report comes in PPT.
Asia Pacific, North America and Europe are expected to continue driving the industry’s growth. However, risk factors such as extreme weather conditions and rising price pressures, will continue to impact the agriculture industry. Changing global trade landscape can also lead to the redistribution of existing sales channels and cause price volatility.
China and India are forecast to maintain their positions as the largest agricultural product suppliers globally by 2029. Growing demand and output of higher-value products, such as pork and other meats, are driving agricultural output growth in China. In India, increasing adoption of technology and investments into new farming methods drives the industry’s modernisation and faster revenue growth.
Rising geopolitical tensions and global trade restructuring, driven by the US trade tariffs, will be among the key challenges for the agriculture industry. Suppliers of agricultural commodities will need to find ways to shield from tariff impact and potentially search for new geographic markets to sell their products.
Despite rising tensions, the US remained China’s second-largest agricultural trading partner in 2024. However, China continues to diversify its agricultural trade and has increased imports from Brazil and regional partners, such as India and Thailand. Investments in the agriculture industry also continue to support domestic supply of agricultural goods, especially in the livestock category.
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