Agribusiness Market to Post 2.6% CAGR through 2020, Says Infiniti Research in Its New Report Available at MarketPublishers.com
22 Jul 2016 • by Natalie Aster
LONDON – Nanotechnology applications bring the new revolution to the world’s agribusiness. At present, both developing and developed countries increase their investments in agribusiness technologies with a view to secure and even enlarge their market shares.
For example, the USA takes lead on the global arena with investments worth around USD 3.7 billion through its National Nanotechnology Initiative (NNI). It is followed by Japan with annual investments standing at approximately USD 750 million and the EU with annual investments estimated at USD 1.2 billion.
The worldwide agribusiness market is set to continue witnessing sustained growth and is predicted to register a 2.6% CAGR between 2016 and 2020. Major growth driving forces include rising demand for dairy products and livestock, enhancing importance of bio-crops, increasing government support for farmers’ credit, introduction of biotechnologies in agribusiness, among others. Land reform legislation presents the key challenge to the agribusiness market growth.
The cutting-edge report “Global Agribusiness Market 2016-2020” gives info on the key trends in the world’s agribusiness market, explores the current scenario within the market and also provides a historical insight. Moreover, the study discloses data on the main factors shaping the market, provides industry performance statistics, examines the competitive landscape, reviews the situation across key geographical agribusiness markets and also identifies lucrative growth opportunities. Additionally, a set of 5-year forecasts for the world’s agribusiness market are presented in the report.
Other research publications by this publisher are provided at the Infiniti Research page.