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USA Agriculture - Industry - Market, Share and Trends 2023-2028

Report ID:

AGIND1NUSA

|

Industry:

Summary of Agriculture

The agriculture industry in the United States is a cornerstone of the nation’s economy, contributing significantly to GDP, employment, and domestic and international trade. With vast expanses of arable land, diverse climatic conditions, and advanced technological infrastructure, the U.S. is a global agricultural powerhouse.

The industry encompasses a wide range of activities, including crop cultivation, livestock farming, agribusiness, food processing, and agricultural research and innovation. Major crops grown in the U.S. include corn, soybeans, wheat, cotton, and fruits and vegetables, while livestock production includes beef, pork, poultry, and dairy products. The U.S. agriculture sector is characterized by high levels of productivity, efficiency, and mechanization, supported by extensive research and development, infrastructure investments, and government policies such as subsidies and crop insurance programs.

While facing challenges such as— fluctuating commodity prices, labor shortages, and environmental concerns— the U.S. agriculture industry remains resilient and adaptable, continually evolving to meet changing consumer preferences, market dynamics, and technological advancements. It currently has the largest agricultural industry concentration, accounting for over 79.6% in the North American Region.

According to our estimates – we can say that the agricultural industry in USA’s is forecasted to be a $671.61 Billion industry in 2029 from $589.41 Billion in 2023 with a CAGR of 2.20%.

Recent Trends and Insights

In recent years, the U.S. agriculture industry has experienced several notable trends and developments. One significant trend is the adoption of precision agriculture technologies and digital farming solutions to optimize resource use, enhance productivity, and reduce environmental impact. Precision agriculture tools such as GPS-guided tractors, drones, and sensors enable farmers to monitor crops, soil conditions, and weather patterns with unprecedented accuracy, allowing for targeted application of inputs such as fertilizers and pesticides.

Another key trend is the growing demand for organic and sustainably produced food products, driven by consumer preferences for healthier, environmentally friendly options. The organic food sector has seen steady growth, with increasing acreage dedicated to organic farming and expanding market opportunities for organic produce, dairy, and meat products.

Furthermore, there’s a growing focus on regenerative agriculture practices aimed at improving soil health, sequestering carbon, and enhancing ecosystem resilience. Techniques such as cover cropping, conservation tillage, and rotational grazing are being adopted to promote soil conservation, water quality, and biodiversity on farms across the country.

The COVID-19 pandemic has highlighted vulnerabilities in the U.S. food supply chain and accelerated trends such as online grocery shopping, direct-to-consumer sales, and local food systems. There’s renewed interest in shortening supply chains, diversifying market channels, and increasing resilience in the face of future disruptions.

Product Insights

The United States produces a wide variety of agricultural products, reflecting its diverse geography, climate, and agricultural practices. Major crops grown in the U.S. include corn, soybeans, wheat, cotton, and rice, which are cultivated across different regions of the country. Corn and soybeans are key feed crops for livestock and serve as important sources of biofuel and industrial inputs.

The U.S. is also a leading producer of fruits and vegetables, with California, Florida, and Washington being major growing regions. Apples, oranges, grapes, strawberries, tomatoes, lettuce, and potatoes are among the top fruit and vegetable crops grown in the U.S., supplying both domestic and international markets.

Livestock production is a significant component of the U.S. agriculture industry, with beef, pork, poultry, and dairy products being major contributors to the nation’s food supply. Beef cattle are raised primarily in the Midwest and Southern Plains, while pork production is concentrated in the Midwest and North Carolina. Poultry farming is widespread across the country, with leading states including Georgia, Arkansas, and Alabama.

The U.S. is also a major producer of dairy products, with leading dairy states including California, Wisconsin, and New York. Milk, cheese, yogurt, and butter are among the dairy products produced in the U.S., with a significant portion exported to international markets.

In addition to crops and livestock, the U.S. agriculture industry includes specialty products such as nuts, seeds, and specialty grains, as well as non-food crops like cotton, tobacco, and ornamental plants. Agribusiness and food processing industries play a crucial role in adding value to agricultural commodities and manufacturing a wide range of food and beverage products for domestic consumption and export.

Key Companies

Some major players within this vast domain of industry are:

  • Corteva Agriscience
  • Southern States Cooperative
  • Nutrien Ag Solutions
  • Climate
  • Granular
  • Wilbur-Ellis Agribusiness
  • Braga Fresh Family Farms
  • Central Valley Ag Cooperative
  • The Equity
  • Pivot Bio

Country Analysis

The agriculture industry in the United States exhibits regional variations in terms of climate, soil types, crops grown, and farming practices. Different regions of the country specialize in specific agricultural activities, reflecting local conditions and market demand.

The Midwest, often referred to as the nation’s “breadbasket,” is a major agricultural region known for its fertile soils and large-scale production of corn, soybeans, wheat, and other grains. States such as Iowa, Illinois, and Indiana are leading producers of corn and soybeans, with extensive acreage devoted to row crop cultivation.

The Southern Plains, including states like Texas, Oklahoma, and Kansas, are renowned for their beef cattle production and wheat farming. The region’s semi-arid climate and expansive grasslands support extensive ranching operations and wheat cultivation for both grain and forage.

California’s Central Valley is a diverse agricultural region known for its year-round production of fruits, vegetables, nuts, and dairy products. The region benefits from a Mediterranean climate, sophisticated irrigation infrastructure, and fertile soils, making it one of the most productive agricultural areas in the world.

The Pacific Northwest, including states like Washington, Oregon, and Idaho, specializes in specialty crops such as apples, potatoes, berries, and wine grapes. The region’s temperate climate, abundant water resources, and fertile valleys support a diverse range of agricultural activities, including orchards, vineyards, and vegetable farms.

The Southeast, encompassing states like Florida, Georgia, and North Carolina, is known for its citrus fruits, peanuts, tobacco, and poultry production. The region’s humid subtropical climate and diverse agricultural landscapes contribute to its prominence in the production of specialty crops and livestock.

Overall, the United States’ agriculture industry benefits from its diverse regional strengths, allowing for a high degree of specialization, productivity, and resilience in the face of environmental and market challenges. Government policies, research and extension services, and industry partnerships play a crucial role in supporting agricultural development and ensuring the sustainability and competitiveness of U.S. agriculture on both domestic and global scales.

Market segmentation

By Type:

  • Grains and Oilseeds
  • Livestock Farming
  • Horticulture
  • Viticulture
  • Fisheries and Aquaculture

By End User:

  • Domestic Consumers
  • Export Markets
  • Food Processing Industry

By Enterprise Size:

  • Smallholder Farms
  • Medium and Large-scale Enterprises
  • Agribusiness Companies

Our Methodology

We have offered a well-founded review of USA’s agriculture market along with ongoing trends and upcoming projections to highlight proximate investment opportunities in this report. Moreover, an extensive analysis of any prospects, challenges, competitors, or navigating aspects is also provided. A methodical detailed regional examination is presented.

Primary Research  

Our multi-pronged research approach includes interviews with industry leaders and a global survey of advanced manufacturing professionals to gain qualitative insights. We utilize our proprietary databases encompassing key performance indicators worldwide in order to collate relevant data points. A multivariate forecasting framework considering historical performance, current dynamics and qualitative factors are utilized to develop market sizing and growth projections through 2029.

We supplement our primary research with a careful examination of secondary materials such as– case studies, news stories and references from other sources. Organizations can benefit from the strategic advice and conclusions offered because they will be better equipped to respond to the dynamic nature of this industry and seize emerging possibilities.

We employ a comprehensive and iterative research methodology focused on minimizing deviation to provide the most accurate market estimates. Our research utilizes a combination of bottom-up and top-down approaches across segments and utilizes databases, primary research insights and industry experts for analysis.

Raw data is obtained from multiple sources and thoroughly filtered to ensure only authenticated and validated sources are considered. We collect data from raw material suppliers, industry associations, technology providers, and buyers to gain a holistic perspective.

Quantitative Analysis

Our market estimates are derived through statistical models, beginning with collection of historical data and analysis of macro- and micro-economic factors influencing the market. Gathered information on market dynamics, technology and pricing trends are utilised to build the models.

Econometric and technological models are applied to project short- and long-term market potential respectively. A bottom-up approach is preferred to minimize errors. Key parameters considered include market drivers and restraints, material pricing trends, regulatory scenarios, and capacity additions.

Weights are assigned to these parameters based on impact analysis and market forecasting is performed via statistical tools and techniques. We believe this methodology results in an accurate and realistic market picture.

We value your investment and offer free customization with every report to fulfil your research needs.

Frequently Asked Questions

The USA National value of the Agriculture Industry is USD 58941 Billion in 2023 and is expected to grow to USD 67161 Billion by 2029.

The CAGR of the Agriculture Industry Market in USA is 2.2%

California accounts for 11.8% of the total market share of the Agriculture Industry Market in USA

The key players in USA in Agriculture Industry Market are Grupo Argos, Grupo Nutresa, Cementos Argos, ISA and Grupo Sura. These industry leaders collectively contribute to shaping the landscape of this market and driving growth within the industry.

The factors driving the Agriculture Industry Market in USA are Crop diversification, Macroeconomic factors, Global economic conditions, Infrastructure and Genetic Engineering. These factors contribute to the overall growth of this industry, establishing it as a key player in the interconnected global economy.

Summary of Agriculture

The agriculture industry in the United States is a cornerstone of the nation’s economy, contributing significantly to GDP, employment, and domestic and international trade. With vast expanses of arable land, diverse climatic conditions, and advanced technological infrastructure, the U.S. is a global agricultural powerhouse.

The industry encompasses a wide range of activities, including crop cultivation, livestock farming, agribusiness, food processing, and agricultural research and innovation. Major crops grown in the U.S. include corn, soybeans, wheat, cotton, and fruits and vegetables, while livestock production includes beef, pork, poultry, and dairy products. The U.S. agriculture sector is characterized by high levels of productivity, efficiency, and mechanization, supported by extensive research and development, infrastructure investments, and government policies such as subsidies and crop insurance programs.

While facing challenges such as— fluctuating commodity prices, labor shortages, and environmental concerns— the U.S. agriculture industry remains resilient and adaptable, continually evolving to meet changing consumer preferences, market dynamics, and technological advancements. It currently has the largest agricultural industry concentration, accounting for over 79.6% in the North American Region.

According to our estimates – we can say that the agricultural industry in USA’s is forecasted to be a $671.61 Billion industry in 2029 from $589.41 Billion in 2023 with a CAGR of 2.20%.

Recent Trends and Insights

In recent years, the U.S. agriculture industry has experienced several notable trends and developments. One significant trend is the adoption of precision agriculture technologies and digital farming solutions to optimize resource use, enhance productivity, and reduce environmental impact. Precision agriculture tools such as GPS-guided tractors, drones, and sensors enable farmers to monitor crops, soil conditions, and weather patterns with unprecedented accuracy, allowing for targeted application of inputs such as fertilizers and pesticides.

Another key trend is the growing demand for organic and sustainably produced food products, driven by consumer preferences for healthier, environmentally friendly options. The organic food sector has seen steady growth, with increasing acreage dedicated to organic farming and expanding market opportunities for organic produce, dairy, and meat products.

Furthermore, there’s a growing focus on regenerative agriculture practices aimed at improving soil health, sequestering carbon, and enhancing ecosystem resilience. Techniques such as cover cropping, conservation tillage, and rotational grazing are being adopted to promote soil conservation, water quality, and biodiversity on farms across the country.

The COVID-19 pandemic has highlighted vulnerabilities in the U.S. food supply chain and accelerated trends such as online grocery shopping, direct-to-consumer sales, and local food systems. There’s renewed interest in shortening supply chains, diversifying market channels, and increasing resilience in the face of future disruptions.

Product Insights

The United States produces a wide variety of agricultural products, reflecting its diverse geography, climate, and agricultural practices. Major crops grown in the U.S. include corn, soybeans, wheat, cotton, and rice, which are cultivated across different regions of the country. Corn and soybeans are key feed crops for livestock and serve as important sources of biofuel and industrial inputs.

The U.S. is also a leading producer of fruits and vegetables, with California, Florida, and Washington being major growing regions. Apples, oranges, grapes, strawberries, tomatoes, lettuce, and potatoes are among the top fruit and vegetable crops grown in the U.S., supplying both domestic and international markets.

Livestock production is a significant component of the U.S. agriculture industry, with beef, pork, poultry, and dairy products being major contributors to the nation’s food supply. Beef cattle are raised primarily in the Midwest and Southern Plains, while pork production is concentrated in the Midwest and North Carolina. Poultry farming is widespread across the country, with leading states including Georgia, Arkansas, and Alabama.

The U.S. is also a major producer of dairy products, with leading dairy states including California, Wisconsin, and New York. Milk, cheese, yogurt, and butter are among the dairy products produced in the U.S., with a significant portion exported to international markets.

In addition to crops and livestock, the U.S. agriculture industry includes specialty products such as nuts, seeds, and specialty grains, as well as non-food crops like cotton, tobacco, and ornamental plants. Agribusiness and food processing industries play a crucial role in adding value to agricultural commodities and manufacturing a wide range of food and beverage products for domestic consumption and export.

Key Companies

Some major players within this vast domain of industry are:

  • Corteva Agriscience
  • Southern States Cooperative
  • Nutrien Ag Solutions
  • Climate
  • Granular
  • Wilbur-Ellis Agribusiness
  • Braga Fresh Family Farms
  • Central Valley Ag Cooperative
  • The Equity
  • Pivot Bio

Country Analysis

The agriculture industry in the United States exhibits regional variations in terms of climate, soil types, crops grown, and farming practices. Different regions of the country specialize in specific agricultural activities, reflecting local conditions and market demand.

The Midwest, often referred to as the nation’s “breadbasket,” is a major agricultural region known for its fertile soils and large-scale production of corn, soybeans, wheat, and other grains. States such as Iowa, Illinois, and Indiana are leading producers of corn and soybeans, with extensive acreage devoted to row crop cultivation.

The Southern Plains, including states like Texas, Oklahoma, and Kansas, are renowned for their beef cattle production and wheat farming. The region’s semi-arid climate and expansive grasslands support extensive ranching operations and wheat cultivation for both grain and forage.

California’s Central Valley is a diverse agricultural region known for its year-round production of fruits, vegetables, nuts, and dairy products. The region benefits from a Mediterranean climate, sophisticated irrigation infrastructure, and fertile soils, making it one of the most productive agricultural areas in the world.

The Pacific Northwest, including states like Washington, Oregon, and Idaho, specializes in specialty crops such as apples, potatoes, berries, and wine grapes. The region’s temperate climate, abundant water resources, and fertile valleys support a diverse range of agricultural activities, including orchards, vineyards, and vegetable farms.

The Southeast, encompassing states like Florida, Georgia, and North Carolina, is known for its citrus fruits, peanuts, tobacco, and poultry production. The region’s humid subtropical climate and diverse agricultural landscapes contribute to its prominence in the production of specialty crops and livestock.

Overall, the United States’ agriculture industry benefits from its diverse regional strengths, allowing for a high degree of specialization, productivity, and resilience in the face of environmental and market challenges. Government policies, research and extension services, and industry partnerships play a crucial role in supporting agricultural development and ensuring the sustainability and competitiveness of U.S. agriculture on both domestic and global scales.

Market segmentation

By Type:

  • Grains and Oilseeds
  • Livestock Farming
  • Horticulture
  • Viticulture
  • Fisheries and Aquaculture

By End User:

  • Domestic Consumers
  • Export Markets
  • Food Processing Industry

By Enterprise Size:

  • Smallholder Farms
  • Medium and Large-scale Enterprises
  • Agribusiness Companies

Our Methodology

We have offered a well-founded review of USA’s agriculture market along with ongoing trends and upcoming projections to highlight proximate investment opportunities in this report. Moreover, an extensive analysis of any prospects, challenges, competitors, or navigating aspects is also provided. A methodical detailed regional examination is presented.

Primary Research  

Our multi-pronged research approach includes interviews with industry leaders and a global survey of advanced manufacturing professionals to gain qualitative insights. We utilize our proprietary databases encompassing key performance indicators worldwide in order to collate relevant data points. A multivariate forecasting framework considering historical performance, current dynamics and qualitative factors are utilized to develop market sizing and growth projections through 2029.

We supplement our primary research with a careful examination of secondary materials such as– case studies, news stories and references from other sources. Organizations can benefit from the strategic advice and conclusions offered because they will be better equipped to respond to the dynamic nature of this industry and seize emerging possibilities.

We employ a comprehensive and iterative research methodology focused on minimizing deviation to provide the most accurate market estimates. Our research utilizes a combination of bottom-up and top-down approaches across segments and utilizes databases, primary research insights and industry experts for analysis.

Raw data is obtained from multiple sources and thoroughly filtered to ensure only authenticated and validated sources are considered. We collect data from raw material suppliers, industry associations, technology providers, and buyers to gain a holistic perspective.

Quantitative Analysis

Our market estimates are derived through statistical models, beginning with collection of historical data and analysis of macro- and micro-economic factors influencing the market. Gathered information on market dynamics, technology and pricing trends are utilised to build the models.

Econometric and technological models are applied to project short- and long-term market potential respectively. A bottom-up approach is preferred to minimize errors. Key parameters considered include market drivers and restraints, material pricing trends, regulatory scenarios, and capacity additions.

Weights are assigned to these parameters based on impact analysis and market forecasting is performed via statistical tools and techniques. We believe this methodology results in an accurate and realistic market picture.

We value your investment and offer free customization with every report to fulfil your research needs.

Frequently Asked Questions

The USA National value of the Agriculture Industry is USD 58941 Billion in 2023 and is expected to grow to USD 67161 Billion by 2029.

The CAGR of the Agriculture Industry Market in USA is 2.2%

California accounts for 11.8% of the total market share of the Agriculture Industry Market in USA

The key players in USA in Agriculture Industry Market are Grupo Argos, Grupo Nutresa, Cementos Argos, ISA and Grupo Sura. These industry leaders collectively contribute to shaping the landscape of this market and driving growth within the industry.

The factors driving the Agriculture Industry Market in USA are Crop diversification, Macroeconomic factors, Global economic conditions, Infrastructure and Genetic Engineering. These factors contribute to the overall growth of this industry, establishing it as a key player in the interconnected global economy.

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Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

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Creating a sustainable environment for driving multiple countries into a better tomorrow.

Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

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Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

DeFi helps reduce dependency on traditional methods of transactions.

Creating a sustainable environment for driving multiple countries into a better tomorrow.

Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

Sustainable blockchain technology has immense benefit for the environment which cannot go unnoticed.