Farm Supply Stores in the US - Industry Research Report

Hay Now: Rising Interest Rates Will Likely Slow Industry Revenue Growth

The Farm Supply Stores industry has recorded strong growth through the end of 2023. Retail stores in this industry provide a one-stop shopping destination for several much-needed supplies for consumers in rural areas. These products include nondiscretionary purchases like pet and animal feed, heating fuel, clothing and footwear, as well as larger items for equipment or property upgrades such as fencing, lawn and garden power tools and agricultural machinery replacement parts.

Stores in this industry sell a variety of home improvement, gardening, livestock and crop products. They are consumer-facing rather than farmer-facing and offer a format similar to traditional home improvement stores. Products sold in these outlets range from garden supplies to power tools, animal feed and power generators.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.