SEARCH   
MEMBER LOGIN    

Hay & Crop Farming in the US: Market Research Report

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

Hay & Crop Farming Market Research Report | NAICS 11199 | Dec 2013

New harvest: Consumer preferences will drive demand for organic hay and processed sugar

IBISWorld’s Hay & Crop Farming market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 08-13
-0.1%
Annual Growth 13-18
Add to Cart
Profit
Add to Cart
Employment
560,127
Businesses
515,362
Industry Analysis & Industry Trends

The overall industry is forecast to continue growing at a moderate rate over the next five years. Demand for hay will increase as cattle farmers switch to hay for cattle feed, and organic hay will continue to become increasingly popular as consumers opt for organic beef. Consumer preferences will also dictate growth in the sugar beet segment as soda and snack manufacturers opt for processed sugar over high-fructose corn syrup... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Hay and Crop Farming industry is in a mature phase of its life cycle. Though they display common trends in some aspects, segments within this industry have varying growth rates, with different factors contributing to each one. Industry value added (IVA), which represents the industry's contribution to the US economy, is expected to grow at an average annual rate of 2.2% over the 10 years through 2018. Meanwhile, GDP is forecast to grow at an average annual rate of 2.1%. Each segment grows at a varying rate due to individual crop prices, yields and downstream demand. The hay segment will continue to grow, as it reflects steady demand from the livestock industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hay & Crop Farming Industry?

Over half the farms in this industry grow hay, while a small number grow sugar beets. A variety of other crops, such as hops and herbs, are included in the industry. Some establishments also gather agave, spices, tea and maple sap.

Industry Products
Other HayAlfalfa HaySugar beetsHopsOther Crops
 
Industry Activities
Hay, alfalfa and other farmingSugar beet farmingHop farmingAloe, mint and herb farmingTea and spice farmingMaple tapping


View Sample
Quote
Select Clients