The report forecasts the global agribusiness market to grow at a CAGR of 2.6% during the period 2016-2020. Nanotechnology applications in global agribusiness are considered the new industrial revolution, and both developed and developing countries are investing in this technology to secure a sizeable market share.
Introduction of trade policies in agribusiness is a key trend for this market. Governments of different countries, especially the American and APAC countries, are taking many initiatives to improving trade policies by introducing FTAs across geographical boundaries. FTAs reduce barriers on exports and improve trade opportunities. This helps in expanding agribusiness across nations.
According to the report, increasing demand for livestock and dairy products is a key driver for this market. The consumption of meat and dairy products is growing rapidly due to different factors like high disposable income, increasing urbanization, and changing consumption patterns. In China, the demand for pork is likely to increase. In Argentina and Brazil, the demand for beef is expected to grow rapidly in the coming years. By 2030, the consumption of beef is expected to increase by 68 million tons. This will lead to the growth of agribusiness companies involved in core production as well as livestock breeding and feed.
Further, the report states that changes in land reform legislation is a challenge to market growth.
- Bayer CropScience
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Competitive landscape
PART 15: Key competitor analysis
PART 16: Appendix
For more information visit http://www.researchandmarkets.com/research/4886g8/global
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-agribusiness-market-to-grow-26-by-2020---increasing-demand-for-livestock--dairy-products---research-and-markets-300303258.html
SOURCE Research and Markets