Global Agricultural Products Market to Grow at Higher Rate, Forecasts MarketLine in Its Report Available at MarketPublishers.com24 Aug 2016 • by Natalie Aster
LONDON – As of 2015, total revenues of the global market for agricultural products surpassed the USD 2,213 billion market, showing a 0.9% CAGR over the period 2011-2015. The market production volume grew at a little bit higher CAGR of 1.8% over the same period to amount to approximately 7,440 million tonnes in 2015.
This market grew at a 1% CAGR in APAC in 2015. Its value in this region was estimated at USD 1,421 billion. In the USA, the growth was negative. The local marketplace grew at a -4.3% CAGR and valued just under USD 172 billion in 2015.
The marketplace is set to grow at a CAGR of more than 3% over the period 2015-2020. It is forecast to value around USD 2,573 billion by 2021.
Topical research report “Agricultural Products Global Industry Almanac 2016” drawn up by MarketLine offers an up-close look at agricultural products marketplace. The study contains a comprehensive overview of this space. It gives precise estimations of a value and volume of this market.
The report casts light on factors that ignite the competition amongst players. The research study looks at drivers of supplier ad buyer power. It concentrates on key regional marketplaces and major countries.
Data on top segments of the global market along with forecast figures are available in the research study, too.
- thorough overview of the global space;
- coverage of a size and volume of the marketplace;
- information on factors that drive change;
- discussion of performance of the marketplace in 2011-2015;
- future outlook;
- and more.
More in-demand studies by MarketLine can be found at its page.
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