Grain Farming Market is segmented By Type, By Application, By Farming Process and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Market Overview
The Global Grain Farming Market size was USD million in 2022 and is projected to witness lucrative growth by reaching up to USD million by 2030. The market is growing at a CAGR of 8.5% during the forecast period (2024-2031).
Grain farming is a type of agriculture that involves the cultivation and harvesting of cereal crops such as wheat, barley, oats, corn, and rice. It is a major sector of modern agriculture, providing food for both human and animal consumption. Grain farming can be done using different methods, including conventional tillage, no-till, and reduced tillage.
In grain farming, the crops are usually grown in large fields, which are prepared by plowing and tilling the soil. The seeds are then planted using specialized equipment, such as drills or planters, and are typically sown in rows or broadcast over the entire field.
Once the seeds have germinated, the crops require regular care, such as watering, fertilizing, and pest control. Grains are also used to feed livestock and to produce cosmetics, cooking oils, fuels and alcohol. The globally increasing population is propelling the demand for grain farming toward the peak.
Market Summary
Metrics | Details |
CAGR | 8.5% |
Size Available for Years | 2021-2030 |
Forecast Period | 2024-2031 |
Data Availability | Value (US$) |
Segments Covered | Type, Application, Farming Process, and Region |
Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
Fastest Growing Region | North America |
Largest Region | Asia-Pacific |
Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Market Dynamics
The Growing Population of the World is Driving the Demand for Grain Farming
According to the European Commission, the global population is expected to reach 9.7 billion by 2050, which will lead to an increased demand for food and drive market growth in the grain farming market. It is one of the major drivers of the grain farming market.
As the world population increases, so does the demand for staple food crops such as wheat, corn, and rice, which are essential for feeding people around the world. Grain crops are used not only for direct human consumption but also for livestock feed and biofuels, which further increases demand.
Additionally, with the rising income in many countries, consumers are increasingly demanding a greater variety of food, including meat and dairy products, which in turn increases demand for grain-fed livestock. This trend has led to increased demand for grain farming globally.
Global Environment and Climate Change Have an Impact on Grain Farming
The climatic change and extreme weather events, such as droughts and floods, have impacted grain farming globally, leading to fluctuations in supply and demand and affecting prices. Changes in temperature and precipitation patterns can also alter the growing seasons and the geographic distribution of crops, which can lead to significant changes in supply and demand.
Environmental issues such as soil degradation, water scarcity,and air pollution also pose a challenge to the grain farming market. Soil degradation can reduce crop fields and limit the productivity of farmland, while water scarcity can impact irrigation and reduce crop growth.
Market Segment Analysis
The global grain farming market is segmented based on type, application, farming process, and region.
The Wheat Segment is Witnessing a High Growth
In 2022, the wheat segment held the highest share of the grain farming market, due to its’ high demand from consumers. Wheat is a staple food crop and is used to make a variety of products, including bread, pasta, and breakfast cereals. It is also used as animal feed and in the production of biofuels and industrial products. It is generally considered to be in high demand due to its versatility, nutritional value, and importance as a staple food crop.
Source: DataM Intelligence Analysis (2023)
Market Geographical Share
Asia Pacific Holds the Highest Market Share in the Grain Farming Market
The increasing population in the Asia Pacific region makes it hold the largest market share in grain farming globally. There are many reasons such as increasing urbanization and changing dietary habits also boosting the market growth in this region. Asia-Pacific also has the fastest-growing economies countries, such as China and India.
These economies countries have seen a rapid increase in demand for food and animal feed, driving the demand for grain farming. Moreover, the changing dietary habits in the region have led to an increased demand for meat and dairy products, which in turn has led to increased demand for grain-fed livestock. The demand for feed grains such as crops and soybeans, which are used for animal feed production.
Source: DataM Intelligence Analysis (2023)
Companies and Competitive Landscape
The major global players include BASF Agricultural Products, CNH Industrial Agricultural Products, ADM Agriculture Products, John Deere Agriculture Products, Yara International Agriculture Products, Syngenta Agriculture Products, Bayer Agriculture Products, Cargill Agriculture Products, Seaboard Corporation, and Sygenta AG.
Key Developments
- In July 2022, Southern Health Foods Pvt Ltd has launched a new product named Manna Go Grain Crunchies which is an enriched multigrain cereal for kids.
- In March 2023, Mathews Company, aleading agricultural equipment provider has announced to launch a new grain handling product line.
- In Jan 2023, Agro.Club, an AgTech company expands its grain marketplace to operate globally in order to improve the security and sustainability of the agricultural value chain.
Why Purchase the Report?
- To visualize the global grain farming market segmentation based on type, application and farming process understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous grain farming market-level data points all for segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The Global Grain Farming Market Report Would Provide Approximately 53 Tables, 49 Figures and 102 Pages.
Target Audience 2024
- Manufacturers / Buyers
- Industry Investors / Investment Bankers
- Research Professionals
- Emerging Companies