Global Agribusiness Market 2016-2020

Outlook of the global agribusiness market

Globally, the demand for food products is increasing as a result of the growing population, change in consumer taste patterns, and rising incomes. As a result, the global market for agribusiness will grow moderately over the next few years and will be positively influenced by the rising significance of bio crops. Growing concerns about the environment will drive the demand for biofuels over the next few years. Biofuels are made from energy crops like wheat, soybean, sugarcane, and corn and provide sustainability of the environment. As a result, governments from different regions of the world, especially APAC and African regions, are trying to reduce the use of conventional fuels. Additionally, farmers are also increasing the usage of biofuel crops and nutrients for maximum yields. This increase in the production of bio-crop fuel due to the rising global demand for biofuels will bolster the global agribusiness market’s growth prospects for the estimated period. According to this market research report, the global agribusiness market will grow moderately at a CAGR of almost 3% by 2020.

The introduction of favorable trade policies will help in the growth of the agribusiness market during the forecast period. Recently, it has been observed that the governments of different countries, especially the American and APAC countries, are taking up initiatives to improve trade policies by introducing favorable FTAs across geographical boundaries. FTA reduces barriers on exports and improves trade opportunities for the countries. As a result, it can be estimated that the implementation of favorable FTAs will help in expanding agribusiness across various nations.

 Competitive landscape and key vendors

This market is highly segmented and consists of a vast number of big and mid-sized competitors. The production chains of the market are geographically large and interlinked. In this market, the vendors are constantly looking for opportunities in the market to refine their production techniques, regarding efficiency and innovation.

Key vendors in this market are -

• Bayer CropScience
• Cargill
• DowDuPont
• Monsanto
• Syngenta

Other prominent vendors are Associated British Foods, BrasilAgro, Bunge, Cairo Poultry Company, CHS, LT Foods, Nestlé, and Wilmar.

Product-based segmentation and analysis of the agribusiness market

• Grains (Wheat, rice, and coarse grains - ragi, sorghum, and millets)
• Oilseeds (Soybeans, rapeseed, sunflower, and others - corn, cottonseeds, and coconut)
• Dairy (Liquid milk, milk powder, ghee, butter, ice-cream, cheese, and others - curd, paneer, yogurt, and flavored milk)
• Livestock (Pork, poultry, beef, and sheep meat)
• Others (Fruits and vegetables, sugar, ethanol, and coffee)

In 2015, the grains segment dominated this market and will continue its market dominance until the end of 2020. Of the different types of grains, wheat and rice constitute the significant share as they are the staple food for millions of people. Increased demand for rice is greatest in countries and regions with low income, where carbohydrates at economical rates are still the primary need of consumers to meet energy requirements.

Geographical segmentation and analysis of the agribusiness market

• Americas
• APAC
• Europe
• ROW

At present, the Americas dominates this market and is envisaged to account for 45% of the overall market share by the end of 2020. Increasing focus on the usage of data and precision technology to enhance the quality and quantity of agribusiness products will ameliorate this market segment’s growth potential over the next four years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global agribusiness market?
• What are the key market trends impacting the growth of the global agribusiness market?
• What are the challenges to market growth?
• Who are the key vendors in the global agribusiness market?
• What are the market opportunities and threats faced by the vendors in the global agribusiness market?
• Trending factors influencing the market shares of the Americas, APAC, Europe, and ROW.
• What are the key outcomes of the five forces analysis of the global agribusiness market?

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