Agriculture, Forestry, Fishing and Hunting in the US - Industry Market Research Report

Agriculture, Forestry, Fishing and Hunting in the US - Industry Market Research Report

  • September 2021 •
  • 40 pages •
  • Report ID: 5474230 •
  • Format: PDF
Cornucopia of possibility: Sector revenue is expected to recover from major declines due to the pandemic

Abstract

Agriculture, Forestry, Fishing and Hunting in the US
The Agriculture, Forestry, Fishing and Hunting sector can be affected by many unpredictable and unstoppable factors. Droughts, pests and disease can all destroy crop and livestock production in a given year, resulting in drastic swings in demand and revenue. Growing health concerns and demand for organic and natural agricultural products are expected to boost revenue in 2018 alone, while over the five years to 2018, sector revenue is expected to decline. Despite declining revenue and profit margins over the past five years, the sector remains strong and attractive to new companies. Corporations have looked to this sector as a means of controlling input costs and vertically integrating. Over the next five years to 2023, the sector is expected to benefit from growing health concerns and steady price increases throughout the sector.

This sector includes farms that primarily grow crops or raise livestock, as well as companies specializing in forestry and agricultural support services. This sector also includes companies that provide land for hunting and fishing.

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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