General Crop Farming Market

General Crop Farming Market Size (2022 - 2027)

The General crop farming market is anticipated to achieve $401.09 billion by 2027, with a CAGR of close to 6% during the forecast period.

The growth is significantly due to the operational rearrangements adopted by the companies and recovering from the COVID-19 impact, which had led to restraining measures which involved social distancing, remote working, and the closure of commercial and transportation activities that resulted in operational challenges. Implementation of microbe-enhanced seeds boosts crop production and augments profitability owing to its ability to produce crops in drought conditions. The functioning of microbes is similar to that of beneficial bacteria in the human intestine and are found on the surface of the plant and in the plant parts. Such a treatment of the cotton seeds makes use of the beneficial microbes that dwell in plants to produce a cotton plant without any genetic modification. The microbe-enhanced cotton, developed by the Indigo agriculture company, is implemented on 50,000 acres spread over five different states in the southern part of the USA. Monsanto, an agriculture company that released many microbial products.

The general crop farming market consists of sales of general crop farming products by entities (organizations, partnerships, and sole traders) that produce general crops, grass, and hayseeds, tobacco, cotton, tea, coffee, sugarcane, sugar beet, rubber, shelled groundnuts, fiber crops, and other general crops. This market does not include the processed general crops. The crops that fall under this category are refined sugar, smoking tobacco products, and other processed general crop products. This market also does not include the proceeds from captive (internal) consumption of the general crops for further processing. 

Drivers and Restraints

The requirement for sustainable agricultural practices and anxiety of the general public over conservational protection are some of the major factors that are driving the growth of the general crop farming market. However, economic slowdown across countries due to the COVID-19 outbreak is hampering the growth of the market.

GENERAL CROP FARMING MARKET REPORT COVERAGE:

Market Segmentation:

General Crop Farming Market – By Type:

• Tobacco farming

• Sugar beet farming

• Sugarcane farming

• Cotton farming

• Other Miscellaneous Crop Farming

General Crop Farming Market – By Application:

• Food and Beverages
• Fodder

The food and beverage market depends on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, this industry had to halt production due to a lack of raw materials. The COVID-19 outbreak has a negative impact on business. However, the food and beverages market is expected to recover from the negative impact during the forecast period. The increasing customer demand, industrial livestock production, or industrial farming can drive the fodder market demand over the forecast period.

General Crop Farming Market – By Farming Process:

• Organic General Crop Farming
• Traditional Farming

The organic general crop farming segment is expected to hold a higher market share over the forecast period due to the increasing demand for organic food as consumers recognized the health benefits of organic food. The use of chemicals, pesticides, and fertilizers and their proliferation into the food chain due to conventional farming practices have become a cause of concern all over the world.

Regional Analysis:

The regions covered in the organic fruit and nut farming market are Asia-Pacific, Eastern Europe, Western Europe, North America, South America, Middle East, Africa. The Asia Pacific contributes the largest portion of the market in the general crop farming market, which accounts for 38% of the market. Following the Asia Pacific, North America is expected to hold the dominant shares of the market. 

Europe is the second-largest region accounting for 16% of the global market. Europe is expected to have a significant growth in market share over the forecast period due to the adoption of modern agricultural technology such as precision farming and plant biotechnology. Middle East & Africa is the smallest region in the general crop farming market. 

Key Players:

1. Dole Food Company
2. Indigo Agriculture
3. Del Monte Pacific Limited
4. Fresh Del Monte Produce
5. Chiquita
6. Total Produce PLC.

Impact of COVID 19 on the General Crop Farming Market:

COVID 19 has impacted negatively on every market. The general crop farming market has declined growth rate in the initial months of 2020 as there are strict lockdown restrictions. The supply chain was disrupted in an unprecedented way which decreased the growth rate of the market. However, with some relaxation around the globe, the market shares have started to grow at a higher rate.