(EMAILWIRE.COM, December 19, 2018 ) The Business Research Companys global agriculture market analysis covers the year-on-year growth of the global agriculture market historic and forecast growth. It also includes chapters on the agriculture global market trends, geographical analysis, and competitive landscape.
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The global agriculture market is forecast to grow at a CAGR (compound annual growth rate) of around 6% to 2020.
Agriculture Market Segmentation
According to TBRCs global agriculture market research, the market is split by segments into crop production, animal produce and rural activities.
The Crop Production segment grows crops mainly for food and fiber. The subsector comprises establishments, such as farms, orchards and their seeds. It is the largest segment with a market share of around 55%.
The Animal Produce segment raises or fattens animals for the sale of animals or animal products and/or raise aquatic plants and animals in controlled or selected aquatic environments for the sale of aquatic plants, animals, or their products.
The Rural Activities segment includes forestry, logging, fishing, hunting trapping and other forestry support activities
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Rural Activities had the highest CAGR (compound annual growth rate) of about 7.5% during 2013-2017; this segment is expected to grow at the same CAGR of 7.5% during 2017-2021. This was a result of increased public investment and government initiatives to boost the agriculture sector.
The global agriculture market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global crop production, animal produce and rural activities markets segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are Cargill, JBS S.A., and Tyson Foods.
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