According to the report analysis, ‘Crop Production Global Market Report 2019’
states that the crop production market significantly comprises of the sale of
crops by the potential entities (organizations, sole traders and partnerships)
that introduce the crops involving farms, market gardens, and nurseries, generally
engaged in increasing crops, plants, vines, or trees and their seeds. This
market involves crop sales from mixed farms (e.g. cash crops and livestock
together in the same farms). This market dismisses the administered crop grain
products such as flour and other products. This market also eliminates the
proceeds from the captive (internal) consumption of the crop generate for the further
processing.
Additionally, in the market of crop production, there
are numerous key players which are recently functioning more significantly for
leading the fastest market growth and registering the high value of market
share across the world throughout the short span of time while developing the
agriculture tools, growing installation of the autonomous tools and decreasing
the price of services includes Dole Food Company, Fresh Del Monte Produce Inc,
Del Monte Pacific Limited and several others.
Nonetheless, based on the region, the market of crop
production is spread across the globe which extremely includes Europe, North
America, Asia Pacific region, South Africa and Rest of the World. However, the Asia
Pacific region was the largest region in the global crop production market, registering
for 58% of the market in 2018. Western Europe region was the second largest
region dominating for 10% of the global crop production market. Middle East
region was the smallest economy in the global crop production market.
Furthermore, the deficiency of the labor and growing
requirement for the advanced agriculture tools in many countries is fueling the
need for the agriculture robots or agribots. Agribots are significantly
utilized in farmlands for pruning, weeding and spraying pesticides and
herbicides. They are associated to tractors for spraying water, seeds,
pesticides, nutrients and harvesting. For instance, the Energid Citrus Picking
Robot System picks an orange every two seconds from a tree, thus improving the productivity
and thereby limiting the requirement for the agricultural labor.
Not only has this, the great growth can be attributed
to the increasing propagation of Internet of Things (IoT) and utilize of
developed analytics by the farmers. The improved analytics is a part of the
data science that utilizes several tools and approaches to conjecture the data
and ensure that the crop and soil accept adequate nurturing. This effectively
supports the farmers to schedule their activities accordingly.
The technology of IoT support the farmers effectively
to address the numerous challenges includes in proper observing of the crops.
It effectively deliver the real-time data related to the environment
temperature and water content in the soil with the help of sensors placed in
the farm, which significantly supports the farmers in creating advanced
decisions with related to the harvesting times, crop market rate and soil
management, among several others. Therefore, in the coming years, it is
anticipated that the market of crop production will increase across the globe
over the forecasted period.
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