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Growing Need For Food Production Is Driving The Growth Of The Farm Inputs Market: Pivotal Factor Influencing Farm Inputs Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Farm Inputs Market Size Growth Forecast: What to Expect by 2025?
The steady expansion of the farm inputs market size in the last few years is notable. It is expected to rise from $330.6 billion in 2024 to $343.49 billion in 2025 with a compound annual growth rate (CAGR) of 3.9%. Factors that contributed to the growth during the historic period include heightened demand for environmentally friendly products, an increased consumption and focus on health-promoting elements, a rise in the prices of nitrogen, growing concerns over sustainability, and a heightened emphasis on research and development.
How Will the Farm Inputs Market Size Evolve and Grow by 2029?
Over the coming years, the farm inputs market is set to experience stable expansion. By 2029, it is predicted to reach $404.16 billion, indicating a compound annual growth rate (CAGR) of 4.1%. The projected growth within this period is due to a combination of factors such as governmental policies and subsidies, international trade treaties, varying farm sizes and methodologies, developments in infrastructure, and the rise of smart agriculture. Within this forecasted period, significant trends include the improvement of fertilizer technology, advancements in drip irrigation systems, the emergence of smart seed technologies, the use of genetically modified organisms (GMOs), and the incorporation of renewable energy.
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What Drivers Are Propelling the Growth of Farm Inputs Market Forward?
The expansion of the farm inputs market is anticipated to be fuelled by the escalating requirement for food production. This demand is spurred by the growing global populace coupled with the necessity for a range of sustainable food supplies to maintain food security and nutritional health. Farm inputs like seeds, fertilizers, pesticides, water, and machinery bolster food productivity by augmenting crop yields, safeguarding against pests and diseases, and maximizing the effectiveness of farming procedures. For example, in July 2024, the Department for Environment, Food and Rural Affairs, a governmental department based in the UK, reported that food chain productivity saw an increase of 2.0%, while general economic growth was at 2.6%. The total value added to the food chain was a substantial $175.45 billion (£132.9 billion), with catering adding the most value at $57.30 billion (£43.4 billion) and wholesaling contributing the least at $21.92 billion (£16.6 billion). Consequently, the mounting requirement for food production directly fuels the expansion of the farm inputs market.
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Which Emerging Trends Are Transforming the Farm Inputs Market in 2025?
Leading firms in the farm inputs market are concentrating their efforts on creating superior plant protection solutions, like high-end insecticides, to boost agricultural output and sustainability. High-end insecticide is a reference to top-tier pest control products that offer enhanced efficiency and capabilities compared to regular alternatives. For example, Syngenta India Private Limited, a company that specializes in agrichemicals based in India, introduced Incipio and Simodi in July 2023. These were formulated for paddy, cotton, and vegetables throughout India, leveraging novel PLINAZOLIN technology. They provide distinct advantages like extensive and durable control over various pests, including stem borers, leaf folders, and lepidopteran insects. This ultimately improves the harvest yield and quality while also decreasing the amount of applications needed and overall expenses for farmers.
What Are the Key Segments in the Farm Inputs Market?
The farm inputsmarket covered in this report is segmented -
1) By Type: Fertilizers, Seeds, Pesticides, Plant Growth Regulators, Soil Conditioners, Farm Equipment
2) By Function: Plowing And Cultivating, Sowing And Planting, Plant Protection And Fertilizing, Harvesting And Threshing, Other Functions
3) By Application: Big Enterprise, Farmers, Retailers, Research Institutions
Subsegments:
1) By Fertilizers: Nitrogen Fertilizers, Phosphorus Fertilizers, Potassium Fertilizers, Organic Fertilizers, Slow-Release Fertilizers
2) By Seeds: Field Crop Seeds, Vegetable Seeds, Fruit Seeds, Flower Seeds, Herb Seeds
3) By Pesticides: Herbicides, Insecticides, Fungicides, Rodenticides, Bactericides
4) By Plant Growth Regulators: Auxins, Gibberellins, Cytokinins, Ethylene Releasing Agents, Growth Inhibitors
5) By Soil Conditioners: Organic Soil Conditioners, Inorganic Soil Conditioners, Mulches, Compost, Gypsum
6) By Farm Equipment: Tractors, Plows, Seeders, Harvesters, Irrigation Systems
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Who Are the Key Players Shaping the Farm Inputs Market's Competitive Landscape?
Major companies operating in the farm inputs market are Koch Industries Inc., BASF SE, Saudi Basic Industries Corporation, Nutrien Ltd., Yara International ASA, Sumitomo Chemical Company Limited, The Mosaic Company, Cortev Inc., DowDuPont Inc., Syngenta Group AG, CF Industries Holding Inc., ICL Group Ltd., OCI Nitrogen B.V, Borealis AG, Sinochem International Corporation, Lanxess AG, K+S AG, UPL Limited, FMC Corporation, EuroChem Group AG, Coromandel International Limited, Nufarm Limited, PI Industries Limited, Sulphur Mills Limited
What Geographic Markets Are Powering Growth in the Farm Inputs Market?
North America was the largest region in the farm inputs market in 2024. The regions covered in the farm inputs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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