Grain Farming Market Expected to Expand Due to Technological Advancements in Agriculture

By | July 10, 2024
Global Grain Farming Market

Rising global population and technological advancements in agriculture is expected to drive the Global Grain Farming Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “Grain Farming Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Grain Farming Market stood at USD 1332.16 billion in 2023 and is anticipated to grow with a CAGR of 9.71% in the forecast period, 2025-2029. This can be attributed to government initiatives and subsidies. Many governments around the world are actively supporting and promoting agriculture through subsidies, incentives, and favorable policies. These initiatives aim to boost agricultural productivity, ensure food security, and uplift rural economies.

Government support provides a conducive environment for farmers, fostering growth in the global grain farming market. Furthermore, regenerative agriculture is gaining momentum as a sustainable farming approach that focuses on soil health, biodiversity, and carbon sequestration. By prioritizing practices such as cover cropping, crop rotation, and minimal tillage, regenerative agriculture aims to restore and enhance ecosystem services. This trend aligns with the growing emphasis on environmental sustainability in agriculture.

Grain farming involves the cultivation and harvesting of cereal crops such as wheat, barley, oats, corn, and rice, and is a fundamental aspect of modern agriculture. This sector plays a vital role in supplying food for both human and animal consumption. Various techniques, including conventional tillage, no-till, and reduced tillage, are utilized in grain farming. Typically, large fields undergo preparation through plowing and tilling to facilitate crop growth. Specialized equipment, such as drills or planters, is employed to sow seeds either in rows or across the entire field. Subsequently, ongoing attention is necessary, including regular watering, fertilization, and pest control.

Grains serve multiple purposes beyond direct human consumption, including as livestock feed and in the production of cosmetics, cooking oils, fuels, and alcohol. The growing global population is a significant driver behind the increasing demand for grain farming.

Changing dietary preferences and diversification of end-use industries are factors driving the Global Grain Farming market in the forecast period 2025-2029.

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The Global Grain Farming Market is segmented into type, application, farming process, regional distribution, and company.

Based on its type, Dry Pea & Bean Farming is the fastest growing segment in the global grain farming market. There is a growing consumer awareness of the health benefits associated with pulses such as dry peas and beans. Pulses are rich in protein, fiber, vitamins, and minerals, and are often seen as a nutritious plant-based protein source. As more people adopt healthier diets, the demand for pulses has increased. Dry peas and beans are versatile ingredients used in a wide range of cuisines globally. They can be incorporated into soups, stews, salads, and main dishes, appealing to consumers seeking variety and flavor in their meals.

Asia Pacific emerged as the fastest-growing region in the Global Grain Farming Market. Many countries in the Asia Pacific region have implemented supportive agricultural policies and government initiatives aimed at boosting agricultural productivity and ensuring food security. This includes investments in infrastructure, research and development, subsidies, and other incentives that encourage grain farming. The adoption of modern agricultural technologies and practices has been increasing in the Asia Pacific region. This includes the use of improved seeds, mechanization, irrigation systems, and precision farming techniques, all of which contribute to higher yields and increased efficiency in grain production.

Major companies operating in Global Grain Farming Market are:

  • BASF Agro BV
  • CNH Industrial NV
  • ADM Agriculture Ltd
  • John Deere Commercial Products Inc
  • Yara Asia Pte Ltd
  • Syngenta AG
  • Bayer Agriculture Products
  • Cargill Inc
  • Seaboard Corporation

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“The global grain farming market is at the cusp of a transformative era, marked by innovation, sustainability, and responsiveness to evolving consumer preferences. The upcoming key trends in precision agriculture, climate-smart practices, biotechnology, blockchain transparency, and regenerative agriculture reflect a commitment to meeting the challenges of the future. As the global community embraces these trends, the grain farming market is poised for a dynamic and sustainable future, ensuring a resilient supply of essential food commodities for the growing global population,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Grain Farming Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Dry Pea & Bean Farming, Wheat Farming, Others), By Application (Food & Beverages, Fodder, Others), By Farming Process (Organic grain farming, Traditional Farming), By Region, and By Competition 2019-2029F”, has evaluated the future growth potential of Global Grain Farming Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Grain Farming Market.

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