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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