Crop production industry includes growing crops, plants, vines, or
trees and their seeds by establishments such as farms, orchards, groves,
greenhouses and nurseries. Crop Production industry in this report is segmented
into vegetable farming, grain farming, greenhouse, nursery, and flowers, fruit
and nut farming, general crop farming and oilseed farming.
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The global crop production market has been growing in the past years
with a CAGR of almost 7%. The year 2017 recorded growth in this market with a
net market value more than 23% higher than that of 2013, as per TBRC’s in-house
consultants.
TBRC’s latest report show the historic and future trends in the market
for each year with sourced reasons to support the growth claims.
The report also shows
the global crop production market to grow at a higher CAGR by 2021 as compared
to 2017, along with geographies best suited for investments with highest return
rate.
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Shortage of labor and increasing demand for advanced agriculture tools
in many countries is driving the demand for agriculture robots or agribots.
Agribots are used in farmlands for pruning, weeding and spraying pesticides and
herbicides. They are connected to tractors for spraying water, seeds,
pesticides, nutrients and harvesting. For instance, Energid Citrus Picking
Robot System picks an orange every two seconds from a tree, thus enhancing
productivity and thereby limiting the need for agricultural labor.
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Companies included in the report are Dole Food Company, Inc., Fresh
Del Monte Produce Inc., and Del Monte Pacific Limited.
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