The market is dominated by domestic suppliers, as imports account for 7.5% of total market size in 2024. B2B drives market demand, with B2B spending representing 70.4% of total demand in 2024. The US has the largest market size for agriculture across the top 20 developed countries, with demand reaching USD694 billion in 2024. CHS Inc is the largest company in the US, generating 6.5% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 12.3% of total production value in 2024. The total number of companies increases in 2024, to 1,011,669 units. The costs of the industry decrease by 3% in 2024, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 35.5% of production value in 2024, the ninth highest across the top 20 developed countries. The industry’s exports share decreases in 2024 to 11.0% of total production output. With production value of USD558 billion, the US accounts for 89.0% of the North America total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Agriculture in the US: ISIC 1. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Agriculture in the US: ISIC 1 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Agriculture: ISIC 1 in USA report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Agriculture: ISIC 1?
- How the Agriculture: ISIC 1 will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Agriculture in the US: ISIC 1
HEADLINES
MARKET OVERVIEW
Agriculture: ISIC 1
This category covers the exploitation of plant and animal natural resources through the cultivation of crops, horticulture, and the raising of animals for the production of food, raw materials, and other agricultural products. It includes both crop and animal farming, mixed farming, and a wide range of supporting activities such as soil preparation, planting, harvesting, animal husbandry services, landscape gardening, and crop spraying. Also included are commercial hunting, trapping, and game propagation activities. The scope encompasses both open-field and protected (e.g., greenhouse) production, as well as the provision of agricultural services on a contract or fee basis. This category excludes the further processing of agricultural products beyond what is necessary to prepare them for primary markets, nor the wholesale or retail trade of these products.
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- Understand future opportunities and threats within the industry
- Track demand and supply structure
- Understand competitive landscape of the industry
- Inform market, strategy development and supply functions
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