Farm Supplies Wholesaling in the US - Industry Market Research Report

Farm Supplies Wholesaling in the US - Industry Market Research Report

  • May 2021 •
  • 41 pages •
  • Report ID: 198464 •
  • Format: PDF
In the ground: Uncertainty surrounding genetically modified crops will likely affect the industry

Abstract

Farm Supplies Wholesaling in the US
Over the five years to 2019, the financial performance of the Farm Supplies Wholesaling industry has been affected by unpredictable feed and fertilizer prices, along with swings in the price of oil. Wholesalers within the industry are often integrated into the supply chain of farming cooperatives. Therefore, the threat of manufacturers selling directly to retailers and consumers is not as prominent as in other wholesaling industries for most operators. The next five years have the potential to radically change the industry. Uncertainty surrounding the development of genetically modified (GM) crops will likely have a turbulent effect on seed sales as prices ease. IBISWorld expects revenue to grow at a sluggish rate over the five years to 2024 as agricultural products prices stabilize.

This industry distributes a range of manufactured and other goods to crop and livestock farmers. A wholesaler may have exclusive distributorship to sell a particular brand within a specified territory, but most often they will sell such products in competition with other wholesalers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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