Market Research Store reports that the global agricultural market will reach $ 267 billion by 2022. The company notes that in 2014 the market volume was only 152 billion dollars.
According to Market Research Store, more than 70% growth will be due to the constantly increasing demand for food, the emergence of new hybrids, more productive and more resistant to diseases and droughts, an increase in the share of labor mechanization in the agrosphere, and the emergence of new more productive models agricultural machinery.
Experts do not indicate an increase in acreage as a factor in the growth of the agricultural market, which is further evidence that the world agricultural market has already overcome the extensive stage of its development and is now developing only intensively.
