What is the current size and annual growth rate of the farm inputs market?
The farm inputs market size has grown steadily in recent years. It will grow from $330.6 $ billion in 2024 to $343.49 $ billion in 2025 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to increasing demand for eco-friendly products, increasing consumption and health-promoting factors, increasing prices of nitrogen, increasing sustainability concerns, and increasing focus on research and development.
The farm inputs market size is expected to see steady growth in the next few years. It will grow to $404.16 $ billion in 2029 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to government policies and subsidies, international trade agreements, farm sizes and practices, infrastructure development and growth in smart agriculture. Major trends in the forecast period include enhanced fertilizer technology, advances in drip irrigation technology, smart seed technologies, genetically modified organisms (GMOs), and renewable energy integration.
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Which major factors have contributed to the expansion of the farm inputs market?
The growing need for food production is expected to propel the growth of the farm inputs market going forward. The rising need for food production is due to the increasing global population and the demand for diverse and sustainable food sources to ensure food security and nutritional well-being. Farm inputs, such as seeds, fertilizers, pesticides, water, and machinery, enhance food production by improving crop yields, protecting against pests and diseases, and optimizing the efficiency of farming operations. For instance, in July 2024, according to the Department for Environment, Food and Rural Affairs, a UK-based governmental department, the productivity of the food chain increased by 2.0%, while the broader economy saw a 2.6% rise. The total gross value added for the food chain amounted to $175.45 billion (£132.9 billion), with catering contributing the most at $57.30 billion (£43.4 billion) and wholesaling the least at $21.92 billion (£16.6 billion). Therefore, the growing need for food production is driving the growth of the farm inputs market.
How is the farm inputs market segmented?
The farm inputsmarket covered in this report is segmented –
1) By Type: Fertilizers, Seeds, Pesticides, Plant Growth Regulators, Soil Conditioners, Farm Equipment
2) By Function: Plowing And Cultivating, Sowing And Planting, Plant Protection And Fertilizing, Harvesting And Threshing, Other Functions
3) By Application: Big Enterprise, Farmers, Retailers, Research Institutions
Subsegments:
1) By Fertilizers: Nitrogen Fertilizers, Phosphorus Fertilizers, Potassium Fertilizers, Organic Fertilizers, Slow-Release Fertilizers
2) By Seeds: Field Crop Seeds, Vegetable Seeds, Fruit Seeds, Flower Seeds, Herb Seeds
3) By Pesticides: Herbicides, Insecticides, Fungicides, Rodenticides, Bactericides
4) By Plant Growth Regulators: Auxins, Gibberellins, Cytokinins, Ethylene Releasing Agents, Growth Inhibitors
5) By Soil Conditioners: Organic Soil Conditioners, Inorganic Soil Conditioners, Mulches, Compost, Gypsum
6) By Farm Equipment: Tractors, Plows, Seeders, Harvesters, Irrigation Systems
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Who are the top competitors in the farm inputs market?
Major companies operating in the farm inputs market are Koch Industries Inc., BASF SE, Saudi Basic Industries Corporation, Nutrien Ltd., Yara International ASA, Sumitomo Chemical Company Limited, The Mosaic Company, Cortev Inc., DowDuPont Inc., Syngenta Group AG, CF Industries Holding Inc., ICL Group Ltd., OCI Nitrogen B.V, Borealis AG, Sinochem International Corporation, Lanxess AG, K+S AG, UPL Limited, FMC Corporation, EuroChem Group AG, Coromandel International Limited, Nufarm Limited, PI Industries Limited, Sulphur Mills Limited
Which key trends are expected to influence the farm inputs market in the coming years?
Major companies operating in the farm inputs market are focusing on developing advanced plant protection solutions, such as high-end insecticides, to enhance agricultural productivity and sustainability. High-end insecticide refers to premium-grade pest control products that offer advanced efficacy and features compared to standard options. For instance, in July 2023, Syngenta India Private Limited, an India-based agrichemical company, launched Incipio and Simodi, designed for paddy, cotton, and vegetables across India and based on innovative PLINAZOLIN technology. It offers unique features such as broad-spectrum and long-lasting control against various pests, including stem borers, leaf folders, and lepidopteran insects, thereby enhancing crop yields and quality while reducing the number of required applications and overall costs for farmers.
Which regional trends are influencing the farm inputs market, and which area dominates the industry?
North America was the largest region in the farm inputs market in 2024. The regions covered in the farm inputs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Farm Inputs Market Report 2025 Offer?
The farm inputs market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Farm inputs refer to the various resources and materials used in agricultural production to enhance crop yields and livestock productivity. This includes factors such as labor, technology, and capital investment. These inputs are crucial for the effective management and growth of farming operations.
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