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July 2023
Agriculture Industry Market Reports
The global agriculture industry is a massive and essential part of the world economy. It employs millions of people and provides food and other agricultural products to billions of people.
The industry is constantly and gradually evolving, with new technologies and methods being developed. The agricultural sector also involves the manufacturing and processing of foods, fibers, and other products to meet market demand.
Thanks to the increasing demand for food from a growing population, the global agriculture industry has been on the rise in recent years.
The growth and development of this industry are driven by several factors and trends, growing demand in developing countries, the increasing use of technology in agriculture, and the growing popularity of organic foods.
According to a report published by the Food and Agriculture Organization of the United Nations (FAO) and the International Telecommunication Union (ITU) – digitalization in agriculture can facilitate the adoption of digital technologies for societal well-being, improve livelihoods, contribute to better farming, nutrition, the environment.
New digital technologies, including e-commerce, sensors, drones, and better weather forecasts, are projected to benefit the local agricultural sector by facilitating productivity. The worldbank.org reports that growth in the agriculture sector is two-four times more efficient in reducing poverty than growth in other sectors.
This is because agricultural development tends to have a much more significant impact on the income of poor people.
Agricultural Sustainability, a trending concept worldwide, is a type of agriculture that focuses on maintaining the environment’s health while increasing the yield.
This type of agriculture considers the three main dimensions of sustainability- economic, environmental, and social aspects.
We provide various reports under our Agriculture industry segment such as Farm Machinery Market, Agriculture Drone Market, Blockchain in Agriculture Market, Biopesticides Market, etc. At MarketResearch.Biz, we as a team analyze every phase of your growth and current market trends and strategies for revenue growth opportunities that will enable you to unlock your business potential.
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