Seed funding: Growing domestic and global populations are expected to require larger yields and drought-resistant crops, supporting demand
In recent years, farm supplies wholesalers have been affected by unpredictable feed and fertilizer prices, along with swings in the price of oil. Rebounding feed and oil prices after a sharp decline just prior to the period caused the agricultural price index to rise, resulting in higher prices for farming supplies. These rebounds were a direct result of recovery following the COVID-19 pandemic. Farm supplies wholesaling revenue has been increasing at a CAGR of 1.3% over the past five years, reaching an estimated $183.7 billion. As the strong recovery from 2021 slows, revenue is just declining by 0.01% in 2023.
This industry distributes a range of manufactured and other goods to crop and livestock farmers. A wholesaler may have exclusive distributorship to sell a particular brand within a specified territory, but most often they will sell such products in competition with other wholesalers.
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's key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Chs Inc.
- Land O'lakes Inc.
- Growmark Inc.
Methodology
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