With the world population and the demand for food and agricultural products rising, a boost in agricultural productivity has become fundamental to guarantee a sufficient and sustainable global food supply. The latest technological developments are used to enhance agricultural productivity and make farms more connected and intelligent. Smart farming and agri-robotic solutions are set to become the most influential agricultural trends. They aid farmers in improving operational efficiency combined with more sustainable usage of resources. Additionally, the demand for methods such as vertical farming is expected to increase to reduce the need for agricultural land.

Organic farming represents a special sector within the agriculture industry which has gained popularity among both farmers and consumers. It applies a method of crop production which abstains from the use of pesticides, fertilizers, antibiotics, and growth hormones.

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  • Projected per capita meat consumption worldwide from 2022 to 2033 (in kilograms)**
    Jul 2, 2024

    The statistic shows the projected meat consumption per capita worldwide from 2022 to 2033. It was predicted that the global consumption of meat per capita in 2033 will be 39.1 kilograms (retail weight equivalent).

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  • Monthly food price index worldwide from 2000 to 2024
    Jun 12, 2024

    The FAO Food Price Index (FFPI) averaged 120.4 points in May 2024, up 1.1 points from April 2024 and 4.3 points lower than its level in the corresponding month last year. The highest value for the index in the past 23 years was reached in March 2022. However, the rate of food price increases has been decreasing since.

    Food prices worldwide

    The annual FAO Food Price Index (FFPI) by category shows that the price of vegetable oils grew by a particularly large margin. One of the factors that influenced the spike in oil prices worldwide during 2020 and 2021 were the supply-chain disruptions during the COVID-19 pandemic. Moreover, after the war in Ukraine, shipping costs and grain prices also had a noticeable impact on global food prices. Global food prices are calculated to have increased by 3.68 percent, due to changes in shipping costs and grain prices. The European Union (EU) has experienced a particularly high increase in the annual consumer prices for food and non-alcoholic beverages, as compared to other selected countries worldwide.

    Inflation in Europe

    The inflation rate for food in the EU grew from 0.2 percent in May 2021 to 19.2 percent in March 2023, as compared to the same month in the previous year. In the following months, the food inflation started decreasing again, reaching 7.6 percent in October 2023. The overall inflation rate in the Euro area reached its peak in October 2022 at 10.6 percent. Prices have since fallen to 4.3 percent in September 2023. As measured by the Harmonized Index of Consumer Prices (HICP), inflation rates in Europe were highest in Turkey, Czechia, and Serbia as of December 2023.

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  • Leading agriculture companies worldwide as of April 2022, by market cap (in billion U.S. dollars)
    Apr 1, 2022

    As of April 2022, PhosAgro, a Russian company, was the top agriculture company worldwide, based on market cap. The company had a market cap value of 12.86 billion U.S. dollars, more than double the market cap of the second leading company, Singapore-based Olam.

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  • Forecast market value of smart farming worldwide in 2021 to 2027 (in billion U.S. dollars)
    Jul 16, 2023

    This statistic shows the market value of smart farming worldwide in 2021, and provided a forecast for 2022 to 2027. The global market size of smart agriculture is expected to grow from approximately 15 billion U.S. dollars in 2022 to 33 billion U.S. dollars by 2027.

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  • Brand value of the leading dairy processors worldwide in 2023 (in billion U.S. dollars)
    Mar 29, 2023

    In 2023, the French dairy company Danone was the second leading dairy company worldwide based on brand value, with a brand value of about nine billion U.S. dollars. Chinese dairy company Yili was ranked first that year, with a brand value of over 12 billion U.S. dollars.

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  • Retail price of white rice (long grain, uncooked) in the United States from 1995 to 2023 (in U.S. dollars per pound)
    Jan 24, 2024

    In 2022, the retail price of long-grain, uncooked white rice stood at 97 U.S. cents per pound. In 2008, rice prices rose to record highs, from 55 to 81 U.S. cents, as global trade restrictions were put in place, causing many large importers to panic buy rice.

    U.S. rice industry In the United States, about 2.5 million acres of rice were planted and harvested in 2021. The top rice-producing states that year were Arkansas, California, Louisiana, among others. Arkansas was the leading state by far, producing over 91 million cwt (centrum weight) of rice in 2021.

    Leading rice producers worldwide Within the 2019/2020 period, India and China were the top rice-producing countries by far, based on the area harvested. India harvested a milled rice area of approximately 44 and a half million hectares, while China’s area amounted to some 31 million hectares. In terms of production, however, China produced a higher volume of milled rice than India within the same crop year: China produced close to 147 million metric tons of rice, while India’s figures reached an estimated 119 million tons.

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  • Hectarage for organic farming in Germany from 1995 to 2023 (in hectares)
    Feb 13, 2024

    In 2023, around 1,940,300 hectares of land in Germany were used for organic farming. This was an increase compared to 2022.

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  • Global cocoa bean production from 2020/21 to 2023/24, by country (in 1,000 metric tons)
    Feb 28, 2024

    This statistic shows the production of cocoa beans from 2020/21 to 2022/23, with a forecast for 2023/24, by country. In crop year 2022/2023, about 2.24 million metric tons of cocoa beans were produced in Côte d'Ivoire.

    Cocoa production Cocoa, a native to the Americas, was a valuable crop in the earliest South American cultures. The term cocoa originated from the Nahuatl word “cacahuatl”. Many believe that the plant first grew in the Amazon and upper Orinoco basins but the Mayans and the Aztecs eventually developed techniques to cultivate cocoa successfully. The plant was considered as a symbol of wealth for these civilizations and its beans were used as currency. Cocoa beans are the main ingredient for making chocolate.

    Cocoa beans are produced in tropical zones around the Equator, where climate conditions are well suited for growing cocoa trees. About 70 percent of the world’s cocoa beans come from four West African countries: Ivory Coast, Ghana, Nigeria and Cameroon. The Ivory Coast and Ghana are by far the two largest producers of cocoa, accounting for more than 50 percent of the world´s cocoa. In 2021, the Ivory Coast alone produced approximately 2.1 million metric tons of cocoa beans. The nation is expected to produce a slightly higher volume of cocoa beans during the 2022/2023 crop year.

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Industry definition

Agriculture is one of the oldest industries which includes the primary sectors of farming, forestry, and fishery & aquaculture. Farming comprises the cultivation of crops and livestock for food supply or use as biofuel. The forestry sector covers the management of forests in order to produce raw materials and use wood in a sustainable way. Statista provides figures on production and highlights leading producers on both a national and international level. Statista also covers infrastructure information such as commodity prices and income levels, as well as major exporters and importers for each category.

The third subbranch of this industry is fishery & aquaculture, which is an industrial sector dealing with raising or harvesting fish for food production or further processing. For this sector, a broad range of data on the number of domestic landings, annual prices for different fish species, generated sales, and trade statistics are presented.

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