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Cotton Farming in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cotton Farming Market Research Report | NAICS 11192 | Dec 2013

Spinning cotton: Increasing global competition and diminishing assistance will oscillate revenue

IBISWorld’s Cotton Farming market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 08-13
3.0%
Annual Growth 13-18
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Profit
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Employment
23,525
Businesses
7,819
Industry Analysis & Industry Trends

Cotton farmers have withstood extreme volatility over the five years to 2013, especially as a result of world cotton shortages, which prompted US growers to increase exports. However, most recently, deteriorating revenue has been a result of plummeting world cotton prices, the receding level of industry assistance programs and record-high stockpiles. Unsurprisingly, the next five years, from 2013-2018, are anticipated to exhibit much of the same volatility and uncertainty for cotton farmers... purchase to read more

Industry Report - Industry Key Buyers Chapter

As an agricultural industry, cotton growing has a low level of ownership concentration compared to other sectors of the US economy. Nonetheless, the level of concentration appears to be rising over time. Over the last decade, the number of farms has been declining, while the acreage per farm has risen. According to the US Department of Agriculture, the result of this process has been a rise in the number of large cotton farms (over 1,000 acres), coupled with a fall in the number of small cotton farms (under 100 acres).

The pattern has been attributed to competitive and cost pressures that are forcing smaller farms to close as the industry moves toward large-scale production... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cotton Farming Industry?

Farms in this industry primarily grow cotton, which is typically used in textile manufacturing, while the plant’s cottonseed is exploited for its oil and used in some livestock feeds. Moreover, at least half of all cotton produced domestically is exported to overseas textile producers.

Industry Products
Upland cotton lintAmerican PimaCottonseed
 
Industry Activities
Cotton farmingCottonseed production


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