Satellite & Telecommunication Resellers Global Market Report, Share Analysis, Forecast To 2032

The Rural Activities Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

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According to The Business Research Company’s Rural Activities Global Market Report 2024, The rural activities market size has grown strongly in recent years. It will grow from $2489.52 billion in 2023 to $2686.44 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%.  The  growth in the historic period can be attributed to agricultural production, traditional crafts and artisanal production, hunting and fishing, forestry and logging, eco-tourism and agritourism.

The rural activities market size is expected to see strong growth in the next few years. It will grow to $3625.1 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%.  The growth in the forecast period can be attributed to sustainable agriculture, rural tourism and experiential travel, digital connectivity, renewable energy production, agribusiness diversification. Major trends in the forecast period include farm-to-table and local food movement, rural craft brewing and distilleries, community supported agriculture (csa), rural artisan markets, sustainable forestry and agroforestry.

Government initiatives are anticipated to drive the expansion of the rural activities market in the future. Government initiatives refer to important acts or statements made by the government to solve a problem or address a particular issue. The government initiatives related to rural activities aim to improve the quality of life and economic opportunities for people living in rural areas by investing in infrastructure, high-speed internet access, policy recommendations, rural competitiveness and resilience, and rural transportation infrastructure. For instance, in October 2022, the United States Agency for International Development, a US-based government agency launched a new $50 million Rural Competitiveness and Resilience Activity (RCRA) to build the capacity of local groups and associations of agricultural producers, empower women and young farmers, and create a favorable environment for private sector investment in rural areas. The RCRA activity will focus its support on a range of partners and products with the potential to transform the economy and lift up rural communities. Thus, government initiatives are propelling the rural activities market.

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The rural activities market covered in this report is segmented –

1) By Type: Fishing, Hunting And Trapping; Forestry And Logging; Agriculture And Forestry Services
2) By Offering: Hardware; Software; Services
3) By Application: Agriculture; Forestry; Other Applications

Subsegments Covered: Fishing; Hunting And Trapping; Logging; Timber Tract Operations; Forest Nurseries and Gathering of Forest Products; Crop Production Services; Animal Production Services; Forestry Services

The rural activities market report table of contents includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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