Agriculture Market Research Reports, Analysis & Trends
Agriculture is a process involved in the production, processing, marketing, and use of foods, fibers and by-products from plant crops and animals. Agriculture is also an art of cultivating the soil, growing and harvesting crops, and raising livestock. Agricultural products can be broadly grouped into foods, fibers, fuels, and raw materials.
Plants are used to grow bio fuels, biopharmaceuticals, bio plastics, and pharmaceuticals. There are specific foods that are grown include cereals, vegetables, fruits, and meat. Fibers include cotton, wool, hemp, silk and flax. Raw materials include lumber and bamboo. There is other useful materials are that are produced by plants, for example resins.
Agricultural industry mainly focuses on preparing the soil for maximum returns, improving crops, horticulture services, landscaping services, veterinary services for farm animals, managing farmers etc.
By adopting new technologies, agriculture industry is trying to improve. The main aim of the new technologies is to improve the efficiency of different agricultural based operations. For example, biotechnology has helped in improving the quality of crops.
Agriculture Industry Current Trends
As per the reports, the Indian tractor industry, which has been hit with low sales due insufficient monsoon, mining curbs, delays in infrastructure projects, etc., might face a further slowdown in demand with the decision of the Commission for Agricultural Costs and Prices i.e. CACP to stick to last year’s minimum support price i.e. MSP of wheat at Rs 1,285 per quintal for 2013-14 as well.
Agriculture Major Industry Players
The United States, China, India and Russia are the major leaders for cereal and vegetable crops.Some of the major industry players in agriculture are Adler Seeds, AgriSA, Agrium, Alberta Wheat pool, Archer Daniels Midland, BASF, Bernard Matthews, China Agri-Industries Holdings Limited etc.