Advancing technology and new farming methods offer a new approach to agricultural production with the potential to drastically change its effect on the environment. From drones and satellites to IoT and Artificial Intelligence, technological innovation is reshaping the farming industry. The global smart farming market has been steadily growing over the last years and is projected to grow even faster in the coming years.
Indoor farming is another popular farming alternative which reduces the reliance on weather, skilled labor, high soil fertility, and water consumption. It allows for a more consistent and reliable yield throughout the year and minimizes the chance of negative effects from disease or pests. The ability to use vertical space and reduce the need for additional land and construction activity contributes to the appeal of vertical farming in large cities. The market is most prominent in North America, Europe, and the Asia Pacific region.
Total global grain production from 2008/2009 to 2023/2024 (in million metric tons)
Further details: Visit original statistic Total global grain production from 2008/2009 to 2023/2024 (in million metric tons)
Global grain production in 2023/24 was expanded by 70 million tons, to 2,3 million tons, mainly tied to an increase in wheat and corn production. The EU yielded about 134 million tons of wheat in 2022/23 accounting for about one-fifth of the world's wheat production.
The Russian invasion of Ukraine and the pandemic have both impacted food commodity prices around the world. Prices have risen even higher than during the global food crisis between 2010 and 2011.
Leading beef and veal producing countries worldwide in 2022 and 2024 (in 1,000 metric tons)
Further details: Visit original statistic Leading beef and veal producing countries worldwide in 2022 and 2024 (in 1,000 metric tons)
Rapid changes in human demographics and eating habits have led to substantial increases in livestock production. Cattle meats such as beef and veal are some of the most widely consumed types of meat across the globe. The United States is the top producer of beef and veal, with more than 30 million cattle slaughtered annually. Pork is widely consumed and produced in China and Europe. As of April 2024, China was home to the largest number of pigs with over 434 million heads.
Global meat industrySize of the autonomous agriculture equipment market in 2021 and 2027, by application (in billion U.S. dollars)
Further details: Visit original statistic Size of the autonomous agriculture equipment market in 2021 and 2027, by application (in billion U.S. dollars)
Farm equipment has probably had the most significant impact on how farmers raise crops and care for livestock. In addition to tractors, combines, and robotic milk machines, smart farming solutions could completely change operations in arable farming. The market share for drones in smart farms was about 11 percent worldwide. The agricultural internet of things (IoT) in Europe is expected to grow from over one billion in 2021 to 2.06 billion U.S. dollars by 2025.
Smart agricultureImport value share of fresh fruit and vegetables of Europe and rest of the world in 2021*
Further details: Visit original statistic Import value share of fresh fruit and vegetables of Europe and rest of the world in 2021*
Market size and demand of fresh fruit and vegetables in Europe has brought an opportunity for large external suppliers especially in developing countries. Europe is responsible for half of all global fresh fruit and vegetable trade. Germany and the Netherlands are the leading importers in this market. In 2021, Germany imported 12.6 billion euros of fresh fruit and vegetables. The largest annual fruit harvest occurs in Asia. China alone produces over 250 million metric tons of fruit annually.
Fruit market in EuropeFarming is one of the oldest businesses and comprises the cultivation of crops and livestock for food or use as biofuel. Major crops include corn, soybean, hay, rice, and wheat. The livestock sector mainly concentrates on cattle and dairy farming, hog and pig farming, poultry and egg production, and sheep and goat farming.
Common farming methods include conventional and organic farming. Conventional farming is the main farming method used during the 20th century and still dominates most farming today. Depending on national regulations, farmers are allowed to use chemical plant protectors and chemical fertilizers. Intensive mass livestock breeding is widely practiced.
In contrast, the organic farming sector sets higher animal- and plant-friendly standards. Specific laws regulate organic crop production and livestock breeding. They dispense the use of chemical fertilizer and use natural fertilizers and pesticides instead.
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