Major companies in the general crop farming market include Dole Food Company; Chiquita; Fresh Del Monte Produce; Del Monte Pacific Limited and Total Produce PLC. The global general crop farming market is expected to grow from $306.
New York, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "General Crop Farming Global Market Report 2021: COVID 19 Impact and Recovery to 2030" - https://www.reportlinker.com/p06018819/?utm_source=GNW
49 billion in 2020 to $323.44 billion in 2021 at a compound annual growth rate (CAGR) of 5.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $401.09 billion in 2025 at a CAGR of 6%.
The general crop farming market consists of sales of general crop farming products by entities (organizations, sole traders and partnerships) that produce general crops, hay and grass seeds, tobacco, cotton, shelled groundnuts, sugarcane, sugar beet, fibre crops, tea, coffee, rubber and other general crops. This market excludes processed general crops such as smoking tobacco products, refined sugar and other processed general crop products. This market also excludes the proceeds from captive (internal) consumption of the general crops for further processing. The general crop farming market is segmented into tobacco farming; sugarbeet farming; sugarcane farming; cotton farming; and other miscellaneous crop farming.
Asia Pacific was the largest region in the global general crop farming market, accounting for 38% of the market in 2020. Eastern Europe was the second largest region accounting for 16% of the global general crop farming market. Africa was the smallest region in the global general crop farming market.
Implementing microbe- enhanced seeds, boosts crop production and increases profitability with its ability to produce crops in drought conditions. The microbes function similarly to beneficial bacteria in the human intestine and are found on the surface of the plant and in plant tissue. This treatment for cotton seeds utilizes beneficial microbes that live in plants to produce a cotton plant without genetic modification. The microbe-enhanced cotton, developed by Indigo agriculture is already implemented on 50,000 acres spread across five different states in the southern part of the USA. Monsanto is another agriculture company which has released many microbial products.
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