Grain Farming Market: By Type, By Farming Process, By Application and Region

Grain Farming Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Dry Pea and Bean Farming, Wheat Farming and Other Grain Farming), By Farming Process (Organic Grain Farming and Traditional Farming), By Application (Food and Beverages, Fodder and Other Applications) and Region

The grain farming market size was valued at US$ 1,126.8 million in 2023 and is projected to reach a value of US$ 2,099.8 million by 2030, at a CAGR of 9.3% from 2024-2030. Moreover, the U.S. grain farming market is projected to grow significantly, reaching an estimated value of US$ 314.96 billion by 2032

The market refers to the planting and harvesting of cereal crops, including wheat, corn, rice, barley, oats, and sorghum. This market forms one of the key sectors playing a critical role in the agricultural sector with provision for food not only for human consumption but also for animals. As the global population continues to grow, the demand for food and beverages rises, driving the need for more grain production. Higher population numbers lead to greater food consumption, necessitating increased gain in farming to meet the demand. Whereas, extreme weather conditions, such as droughts and floods, can negatively impact crop yields and farming operations.

Key Players

The grain farming market share is inclusive of several companies such as Vilmorin & Cie SA, Cargill Incorporated, Associated British Foods PLC, Corteva Inc., Seaboard Corporation, Scoular Company, Ingredion Incorporated, UPL Limited, Nisshin Seifun Group Inc., Gruma SAB de CV, Ardent Mills, KWS Saat SE, Grain Craft, Bay State Milling Co., Blaine Larsen Farms Inc., Hartung Brothers Inc., Noffsinger Manufacturing Co. Inc., Miller Milling Co., Village Farms International, Soufflet SA.

The company is mainly specialized in the production and sale of seeds for different crops. Being a part of the Limagrain Group, Vilmorin & Cie SA is one of the biggest seed companies across the globe. Its specificity is to offer quality seeds to farmers that allow agriculture sustainable and grow yields. Cargill Incorporated is a worldwide market leader in grain farming that operates on an integrated basis to source, store, trade, process, and distribute grains and oilseeds.

Key Takeaways

  • North America is the largest market, largely dominated by the US. North American demand constitutes 29.1% of the overall global demand for grain farming
  • Based on Type, the Wheat Farming segment holds a 34.3% market share
  • Based on the Farming Process, the Traditional Grain Farming segment holds a 59.3% market share
  • Based on Application, Food and Beverages segment holds the 46.8% market share

Facts & Figures

  • Global wheat production reached 788 million tons in the 2022/2023 season, a 1% increase from the previous year.
  • China is the world's largest grain producer, cultivating over 600 million tons of grain in 2021, with rice, wheat, and corn being the major crops.
  • India harvested 107 million tons of rice in the 2021-2022 season, making it the second-largest rice producer globally.
  • The U.S. produced 15.1 billion bushels of corn in 2021, accounting for 31% of the world’s corn production.
  • Brazil became the world's largest soybean producer in 2022, surpassing the U.S., with a total production of 150 million metric tons.
  • Russia exported 44.1 million tons of wheat in 2022, accounting for 23% of global wheat exports, making it the largest exporter.
  • Global grain production exceeded 2.8 billion metric tons in 2021, with maize, wheat, and rice being the most produced grains.

Key Developments

  • In 2024, Cargill acquired two feed mills from Compana Pet Brands, a move the company said allows it to grow alongside the ag retail and large ranching/farming segments in the western and central regions of the United States.
  • In 2024, HBC acquired Neiman Marcus Group and merged it with another brand that it owned, Saks Fifth Avenue.
  • In 2021, Bushel acquired GrainBridge, a start-up created by Cargill and ADM.

Grain Farming Market Segmentation

By Type: Among the types, wheat farming has the largest market share. Given the fact that it is one of the most widely produced grains around the world, significant production is located in geographic locations like the United States, Canada, Russia, and the European Union. Its extensive use in numerous types of food products like bread, pasta, and pastries makes this segment have a large share of the market. Wheat is also a staple crop for most populations that would ensure a consistent demand and large-scale production.

By Farming Process: The Traditional Farming segment is the largest in the grain farming market. This is because traditional farming has been highly practiced and established for years, especially in regions with large agricultural areas like North America, Europe, and parts of Asia. Traditional farming benefits from economies of scale, established supply chains, and familiarity among farmers. In this case, even though organic grain farming is getting noticed and people are adopting it due to customer demand for sustainable and chemical-free products, still its percentage is relatively small compared to conventional farming.

By Farming Process: The Traditional Farming segment is the largest market. This is because traditional farming has been highly practiced and established for years, especially in regions with large agricultural areas like North America, Europe, and parts of Asia. Traditional farming benefits from economies of scale, established supply chains, and familiarity among farmers. In this case, even though organic grain farming is getting noticed and people are adopting it due to customer demand for sustainable and chemical-free products, still its percentage is relatively small compared to conventional farming.

By Application: The Food and Beverages segment represents the largest market since grains such as wheat, corn, rice, and barley comprise the primary ingredient in many food products including bread, pasta, cereals, and snacks. As such, there is a strong and consistent demand for such food products necessitating high production volumes of the respective grains. In addition, grains are used for beverage production in the form of beers and spirits, so this product category is also quite dominating as well.

Grain Farming Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.3%

Largest Market

Asia-Pacific

Fastest Growing Market

North-America

Grain Farming Market Dynamics

Drivers

Demand for food and drinks is augmented by a growing global population. Urbanization trends contribute to the necessity for processed and packaged food products that rely heavily on grains as primary constituents. The advancement of crop yields and farm laying efficiency techniques and equipment is also contributing to the market growth. In addition, better policies and incentives from the government make the idea of grain production more feasible. Biofuels, using grains such as corn and soybeans, also propel market growth because of the increased demand.

Restraints

Climate change in grain farming is one of the key hindrances. It causes extreme weather, such as droughts and floods, which affects crop yields. Pest and disease outbreaks can significantly affect crops and, thus overall production. Expensive seeds, fertilizers, and pesticides add costs to crops, eliminating all profit avenues for farmers. Grain market volatility with ascending grain prices creates financial instability for farmers. Poor access to the latest agricultural technologies, which include equipment, may limit farm productivity. The lack of proper storage facilities and poor infrastructure for transportation causes post-harvest losses. Moreover, complicated policies and regulations make it difficult for farmers to run their activities, which directly impacts their efficiency.

Opportunities

Some of the opportunities in the market can be listed as a result of an increasingly growing global population that demands a higher intake of food and beverages. Urbanization increases demand for processed packaged food, which consists mainly of grain as an ingredient. The use of modern farming techniques or appropriate pieces of equipment increases yields with better efficiency. The growth is accompanied by improved government policies and subsidies to farmers and encourages more grain production. Demand for biofuels that use grains like corn and soybeans also leads to market expansion.

Challenges

Some of the significant challenges that the grain farming sector experiences include those emanating from climatic changes. Such changes lead to floods and droughts that completely disrupt crop yields. Moreover, the resurgence of harmful pests and diseases leads to severe crop losses. The input prices for seeds, fertilizers, and pesticides are also a challenge since they tend to be high, meaning it would be difficult for farmers not to lag behind the black numbers. Volatility in the market prices of grains makes the prospects uncertain. Limited access to modern farming technology and equipment hampers productivity, and poor storage facilities combined with inadequate transport infrastructure cause post-harvest losses. Overly technical regulations and policies lead to some operational barriers for farmers.

Grain Farming Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 1,126.8 million

Market Size in 2030

US$ 2,099.8 million

Market CAGR

9.3%

By Type

  • Dry Pea and Bean Farming
  • Wheat Farming
  • Other Grain Farming

By Farming Process

  • Organic Grain Farming
  • Traditional Farming

By Application

  • Food and Beverages
  • Fodder
  • Other Applications

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Analyst Review

There is significant growth in the global grain farming market, with a CAGR of 9.3%, this expansion is driven by the urbanization trends which contribute to the necessity for processed and packaged food products that rely heavily on grains as primary constituents. Innovations in farming techniques and equipment improve crop yields and efficiency, supporting the growth. Region-wise, traditionally, grain farming has been dominated by the North American region owing to its extensive agricultural lands, relatively high levels of technologies in farming, and overall government support.

Key Features of the Report

  • The grain farming market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The global grain farming market is set to witness a rapid rise in revenue from US$ 1,126.8 million in 2023 to US$ 2,099.8 million by 2030, at a CAGR of 9.3%

The grain farming market refers to the planting and harvesting of cereal crops, including wheat, corn, rice, barley, oats, and sorghum. This market forms one of the key sectors playing a critical role in the agricultural sector with provision for food not only for human consumption but also for animals.

The region of North America, of which the U.S. and Canada are characteristic examples, has over the years held a significant lead in grain farming mainly because of its vast agricultural areas, superior farming tools and equipment, and the relevant government policies in support.

The grain farming market key players such as Vilmorin & Cie SA, Cargill Incorporated, Associated British Foods PLC, Corteva Inc., Seaboard Corporation, Scoular Company, Ingredion Incorporated, UPL Limited, Nisshin Seifun Group Inc., Gruma SAB de CV, Ardent Mills, KWS Saat SE, Grain Craft, Bay State Milling Co., Blaine Larsen Farms Inc., Hartung Brothers Inc., Noffsinger Manufacturing Co. Inc., Miller Milling Co., Village Farms International, Soufflet SA.

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Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1.Executive Summary
2.Global Grain Farming Market Introduction 
2.1.Global Grain Farming Market  - Taxonomy
2.2.Global Grain Farming Market  - Definitions
2.2.1.Type 
2.2.2.Farming Process
2.2.3.Application
2.2.4.Region
3.Global Grain Farming Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Grain Farming Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Grain Farming Market  By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Dry Pea and Bean Farming
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Wheat Farming
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Other Grain Farming
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Grain Farming Market  By Farming Process, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Organic Grain Farming
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Traditional Farming
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Grain Farming Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Food and Beverages
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Fodder
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Other Applications
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8.Global Grain Farming Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Grain Farming Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Dry Pea and Bean Farming
9.1.2.Wheat Farming
9.1.3.Other Grain Farming
9.2.  Farming Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Organic Grain Farming
9.2.2.Traditional Farming
9.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Food and Beverages
9.3.2.Fodder
9.3.3.Other Applications
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Grain Farming Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Dry Pea and Bean Farming
10.1.2.Wheat Farming
10.1.3.Other Grain Farming
10.2.  Farming Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Organic Grain Farming
10.2.2.Traditional Farming
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Food and Beverages
10.3.2.Fodder
10.3.3.Other Applications
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Grain Farming Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Dry Pea and Bean Farming
11.1.2.Wheat Farming
11.1.3.Other Grain Farming
11.2.  Farming Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Organic Grain Farming
11.2.2.Traditional Farming
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Food and Beverages
11.3.2.Fodder
11.3.3.Other Applications
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Grain Farming Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Dry Pea and Bean Farming
12.1.2.Wheat Farming
12.1.3.Other Grain Farming
12.2.  Farming Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Organic Grain Farming
12.2.2.Traditional Farming
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Food and Beverages
12.3.2.Fodder
12.3.3.Other Applications
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Grain Farming Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Dry Pea and Bean Farming
13.1.2.Wheat Farming
13.1.3.Other Grain Farming
13.2.  Farming Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Organic Grain Farming
13.2.2.Traditional Farming
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Food and Beverages
13.3.2.Fodder
13.3.3.Other Applications
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Vilmorin & Cie SA,
14.2.2.Cargill Incorporated,
14.2.3.Associated British Foods PLC,
14.2.4.Corteva Inc.,
14.2.5.Seaboard Corporation,
14.2.6.Scoular Company,
14.2.7.Bay State Milling Co.,
14.2.8.Blaine Larsen Farms Inc.,
14.2.9.Hartung Brothers Inc.,
14.2.10.Noffsinger Manufacturing Co. Inc.,
14.2.11.Miller Milling Co.,
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Vilmorin & Cie SA,
  • Cargill Incorporated,
  • Associated British Foods PLC,
  • Corteva Inc.,
  • Seaboard Corporation,
  • Scoular Company,
  • Ingredion Incorporated,
  • UPL Limited,
  • Nisshin Seifun Group Inc.,
  • Gruma SAB de CV,
  • Ardent Mills,
  • KWS Saat SE,
  • Grain Craft,
  • Bay State Milling Co.,
  • Blaine Larsen Farms Inc.,
  • Hartung Brothers Inc.,
  • Noffsinger Manufacturing Co. Inc.,
  • Miller Milling Co.,
  • Village Farms International,
  • Soufflet SA.

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