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Crop Services in the US: Market Research Report

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

Crop Services Market Research Report | NAICS 11511 | Apr 2015

Small harvest: Crop production is expected to decrease, loosening industry demand

IBISWorld’s Crop Services 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
$14bn
Annual Growth 10-15
0.7%
Annual Growth 15-20
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Profit
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Employment
124,094
Businesses
59,468
Industry Analysis & Industry Trends

The Crop Service industry's performance is the aggregate result of many different types of industry operators. Despite slow growth in the industry's largest market segment, fruit and vegetable farming, revenue has increased moderately over the five years to 2015. In the coming years, due to falling crop prices and decreasing planted acreage, crop production is expected to decrease, loosening demand for crop services. Nevertheless, as interest rates increase, farmers will be less inclined to invest in their own machinery, preferring to outsource to industry operators... purchase to read more

Industry Report - Industry Analysis Chapter

The Crop Services industry provides support services to farms such as crop dusting, crop harvesting and labor contracting, making its performance closely related to changes in domestic and international crop production industries. Because the industry provides a wide variety of services, falling demand in one segment (e.g. contract labor) may be offset by positive results in another (e.g. mechanized harvesting). Overall, industry performance is the aggregate result of a number of specialized operators that service different crops. IBISWorld expects revenue to grow an estimated 0.7% per year on average in the five years to 2015, to $13.6 billion.

Global crop prices influence revenue

Changes in industry revenue are closely linked to crop price trends... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Crop Services Industry?

Establishments in this industry provide support activities for growing crops. Some examples of these support activities include cotton ginning, soil treatment, crop planting and harvesting. Almost all US farmers, including cotton, wheat, corn and fruit growers, purchase from this industry at some level.

Industry Products
Cotton ginningSoil preparation, planting and cultivatingCrop harvesting by machinePost-harvest crop activitiesFarm labor contractors and crew leadersFarm management services
 
Industry Activities
Cotton ginningSoil preparation, planting and cultivatingPost harvest crop activities (except cotton ginning)Crop harvesting, primarily by machineFarm labor contractors and crew leadersFarm management services


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