Agricultural Commodity Market Report 2026

The agricultural commodity market size has grown strongly in recent years. It will grow from $6.06 trillion in 2025 to $6.51 trillion in 2026 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to expansion of global agriculture production, rise in international trade agreements, growing demand for staple foods, adoption of large-scale farming, price volatility driving market participation.

The agricultural commodity market size is expected to see strong growth in the next few years. It will grow to $8.67 trillion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to increasing climate-driven production shifts, growth in sustainable sourcing practices, rising demand from emerging economies, expansion of online commodity trading, improving supply chain transparency. Major trends in the forecast period include increasing global demand for staple agricultural commodities, expansion of commodity diversification in emerging markets, rising emphasis on quality grading and standardization, growth in organic and non-gmo commodity production, increasing cross-border commodity trading volumes.

The agricultural commodity market is set to grow driven by increasing demand for healthier diets. Healthier diets promote physical well-being and lower the risk of chronic diseases, fueled by rising health awareness, concerns over food safety, weight management goals, chronic disease prevalence, and access to nutritious food options. Agricultural commodities play a crucial role in supporting these diets by providing essential nutrients, offering diverse food choices, and enhancing overall health and wellness. For example, in 2024, the International Food Information Council, a US-based nonprofit organization, reported that the proportion of consumers aiming to increase their protein intake has steadily risen, from 59% in 2022 to 67% in 2023, and 71% in 2024. This trend underscores the increasing demand for healthier diets driving growth in the agricultural commodity market.

Leading companies in the agricultural commodities market focusing on innovative solutions, such as high-yield and high-protein soy seed varieties, to improve crop yield and resilience. High-yield soy seed varieties produce a greater quantity of soybeans per acre, while high-protein varieties contain a higher percentage of protein, enhancing their nutritional value and market appeal. For example, in March 2024, Protealis, a Belgium-based developer of seeds and seed technologies for sustainable plant proteins, launched the PRO Vesuvio, PRO Helicon, PRO Taranaki, and PRO Jacinto varieties in Europe, targeting the colder climates of Northern Europe. This initiative aims to boost local protein production and provide sustainable alternatives for farmers transitioning away from traditional crops. These varieties are specifically bred to thrive in shorter growing seasons and colder conditions, making them ideal for regions like Belgium, France, and Germany. They are designed to offer both high yield and high protein content, supporting European farmers looking to adopt more sustainable practices in their crop rotations.

In December 2023, Rovensa Group, a Portugal-based agricultural technology and crop protection solutions company, acquired Agro-K Corporation to bolster its presence in the biostimulant market and expand its portfolio in the US agricultural sector. Agro-K Corporation specializes in organic and sustainable agricultural inputs, reflecting the industry's shift towards more environmentally friendly practices and solutions.

Major companies operating in the agricultural commodity market are Glencore plc, Cargill Inc., Archer Daniels Midland Company, Bunge Limited, Louis Dreyfus Company B.V., Smithfield Foods Inc., Wilmar International Limited, Fresh Del Monte Produce Inc., Olam International Limited, Adecoagro S.A., BrasilAgro, Devex S.A., CHS Inc., COFCO International, Nidera B.V., Richardson International Ltd., Viterra Ltd., Gunvor Group, Sucafina S.A., Ecom Agroindustrial Corp., Oetker Group, Barry Callebaut, Grupo Bimbo, Marubeni Corporation, Itochu Corporation.

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 influencing the agricultural commodities market by increasing import and export costs for major crops such as soybeans, corn, wheat, and rice, leading to price fluctuations and shifts in trade flows. Regions heavily engaged in global trade particularly North America, Asia-Pacific, and Latin America are most impacted, with segments like grains, oilseeds, and coffee experiencing heightened volatility. Despite these challenges, tariffs can create opportunities for domestic producers by boosting local competitiveness, encouraging regional sourcing, and stimulating investments in domestic processing and distribution capabilities.

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

An agricultural commodity refers to a raw product sourced from farming and agriculture, essential for consumption, trade, or further processing. These commodities are typically produced in large quantities and play a crucial role in global trade and economies.

The primary agricultural commodities include soybeans, corn, wheat, rice, cocoa, coffee, cotton, spices, and other products. Soybeans, for example, are legumes cultivated primarily for their protein-rich seeds, widely utilized in various food and industrial applications. They are integral to livestock feed and processed foods such as oils and soy milk. Soybeans are traded through various channels, both online and offline, serving diverse end-users ranging from business-to-business to business-to-consumer markets.North America was the largest region in the agricultural commodity market in 2025. The regions covered in the agricultural commodity market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the agricultural commodity market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The agricultural commodity market consists of sales of livestock and animal products, fruits, vegetables, oilseeds, nuts, and fibers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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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