Agriculture is a combination of the art, science, and business of manufacturing crops and livestock for economic purposes. As an art, it represents a way to perform operations of the farm in a skillful manner. As a science, it uses various technologies in processes such as crop breeding, crop protection, production techniques, and crop economics to maximize yield and profit. Furthermore, agriculture as a business aim
Agriculture is a combination of the art, science, and business of manufacturing crops and livestock for economic purposes. As an art, it represents a way to perform operations of the farm in a skillful manner. As a science, it uses various technologies in processes such as crop breeding, crop protection, production techniques, and crop economics to maximize yield and profit. Furthermore, agriculture as a business aims at increasing the net return through the management of water and capital, and land labor. The major agricultural products can be categorized into food, fuels, fibers, and raw materials. The food category includes vegetables, cereals, fruits, oils, milk, meat, eggs, and fungi, among others.
The agricultural sector strategically supports the process of economic development across the world. Agriculture is a primary source of food supply for all countrieswhether developing, developed, or underdeveloped. Furthermore, the heavy pressure of the increasing populations in developing and underdeveloped countries is a key factor projected to fuel the demand for food products worldwide in the coming years.
The surging use of modern technologies in agricultural farms, coupled with rising income levels of people and mounting demand for protein-rich food products, are the major factors supporting the agriculture market. Furthermore, rise in consumer awareness regarding food safety; increase in demand for packaged, convenience, and processed food products; and growth in consumption of animal-based products and higher production of animal feed are among additional factors fueling the market. Government initiatives to support modern techniques that can be utilized in the agriculture industry to increase production capabilities as well as to explore untapped market potential, especially in emerging domestic markets are the key factors offering lucrative growth opportunities to the global agriculture industry.
However, the overall agriculture industry is a fragmented one. In addition to the fragmented nature, rise in environmental concerns and global warming, lack of technological awareness among farmers, and uncertainty in regulations and standards are key factors hindering the agriculture industry growth to some extent.
The trending report titles in the agriculture category include vegetable seeds market, hybrid rice seeds market, antibacterial market, food processing blades market, beverage carton packaging machinery market, resistant starch market, millet market, flavoring agents market, food preservatives market, beverage cans market, and vitamin-fortified and mineral-enriched food and beverages market, among others.
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