Agriculture Market Report 2026

The agriculture market size has grown strongly in recent years. It will grow from $12.97 trillion in 2025 to $13.84 trillion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to rise in global food demand, expansion of agricultural land use, early adoption of crop rotation practices, increasing reliance on livestock-based income, growing importance of subsistence farming.

The agriculture market size is expected to see strong growth in the next few years. It will grow to $17.89 trillion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to shift toward sustainable farming methods, rising demand for organic produce, increasing climate adaptation strategies, expansion of agroforestry systems, growing investment in rural development programs. Major trends in the forecast period include growing adoption of mixed farming systems, rising demand for organic and naturally grown produce, increasing focus on soil health and regenerative practices, expansion of diversified crop production, growth in community-supported and localized agricultural models.

Shifting consumer preferences towards healthier and diverse diets is expected to propel the growth of the agriculture market going forward. Healthier and diverse diets refer to diets that are rich in nutrients and diverse in food choices. Diversifying agriculture can improve the diversity and nutrient adequacy of diets of smallholder farming households that raise crops. This can lead to increased demand for a wider variety of crops, which can benefit farmers and increase the diversity of crops grown in the agriculture market. For instance, in 2024, according to the International Food Information Council, a US-based nonprofit organization, the share of consumers seeking to increase their protein intake has steadily grown, from 59% in 2022 to 67% in 2023 and 71% in 2024. Therefore, shifting consumer preferences towards healthier and diverse diets is fueling the growth of the agriculture market.

Leading companies in the agriculture market are developing digital farming platforms to enhance efficiency and sustainability by enabling real-time monitoring and data analytics for agricultural processes. These technologies support precision agriculture, increasing yields while reducing environmental impact. Monitoring and managing agricultural processes involve systematically observing and regulating farming activities to optimize productivity and sustainability. This includes collecting and analyzing data to support informed decisions that improve efficiency and promote environmental responsibility. For example, in September 2024, Bayer, a Germany-based pharmaceutical company, introduced its Forward Farming initiative, which supports sustainable practices for smallholder farmers in India. This initiative aims to enhance productivity and resource efficiency through innovative techniques and technology integration, contributing to food security, environmental stewardship, and economic resilience.

In August 2024, Husqvarna Group, a Sweden-based manufacturing company, acquired InCeres for an undisclosed amount. Through this acquisition, Husqvarna Group intends to integrate digital intelligence with its mechanical solutions to develop a disruptive Total Farm Management offering that boosts productivity, sustainability, and global food security, while positioning itself as a trusted one-stop-shop ecosystem for light-agriculture farmers. InCeres is a Brazil-based digital agriculture company that provides products and services for the agriculture industry.

Major companies operating in the agriculture market are Cargill Incorporated, Archer Daniels Midland Co., BASF SE, Wilmar International Ltd., Dow Inc., Olam International, Bayer AG, Tyson Foods, Deere & Company, Nutrien Ltd., WH Group Limited, Yara International ASA, CNH Industrial NV, Kubota Corporation, Syngenta AG, The Mosaic Company, Corteva Inc., The Andersons Inc., Charoen Pokphand Foods PCL, Land O'Lakes Inc., Mahindra & Mahindra Ltd., AGCO Corporation, Wens Foodstuff Group Co. Ltd., FMC Corporation, The Toro Company, Valmont Industries Inc., The Scotts Miracle-Gro Company, Flour Mills of Nigeria, Dairy Farmers of America, Bunge Limited.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the agriculture market by increasing import and export costs for key products such as livestock, cereals, oilseeds, and horticultural goods, resulting in price volatility and shifts in supply chains. Regions heavily involved in commodity trade including North America, Asia-Pacific, and Latin America face the greatest impacts, particularly in segments like animal produce, crop production, and organic farming. However, tariffs can also boost domestic agriculture by encouraging local sourcing, strengthening regional production capacity, and creating new opportunities for rural activities and value-added agricultural services.

The agriculture market research report is one of a series of new reports that provides agriculture market statistics, including agriculture industry global market size, regional shares, competitors with an agriculture market share, detailed agriculture market segments, market trends and opportunities, and any further data you may need to thrive in the agriculture industry. This agriculture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Agriculture is the practice of cultivating soil, growing crops, and raising animals for food, fiber, and various other products. It produces essential goods that support human life, drive economic growth, and provide livelihoods. Furthermore, agriculture is vital in maintaining ecosystem balance and promoting sustainability.

The primary types of agriculture include animal production, crop production, and rural activities. Crop production involves the cultivation of crops for both domestic and commercial purposes. Large-scale cultivation of crops such as wheat, maize, rice, jute, and others is common. Agricultural products can be categorized as organic or conventional, and their distribution occurs through various channels, including supermarkets/hypermarkets, convenience stores, e-commerce, and other retail channels.Asia-Pacific was the largest region in the agriculture market in 2025. North America was the second largest region in the agriculture market. The regions covered in the agriculture market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the agriculture market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The agriculture market consists of revenues earned by entities that produce milk, honey, meat, wool, egg, skin and hide, live animals, grain farming, oilseed farming, fruit and nut farming, vegetable farming, general crop farming, greenhouse, nursery, and flowers, and other agriculture products. The agriculture market also consists of revenues earned by entities by providing services such as fishing, hunting and trapping, forestry and logging, agriculture and forestry services, and other agriculture services. This market also includes horticulture and aquaculture. This market excludes proceeds from captive (internal) consumption of the agriculture and forest produce for further processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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