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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Key Buyers Chapter

The Crop Services industry is highly fragmented and characterized by the presence of many small firms, in terms of revenue and employment. As such, the top four participants in this industry account for about 5.0% of revenue, combined. Nonemployer firms make up about 90.0% of industry enterprises. Furthermore, more than four-fifths of employer firms in this industry have fewer than 20 employees.

The figures, however, differ across the various segments of this industry. In the post-harvest activities segment, 4.5% of firms have more than 500 employees, while only 0.2% of firms in the soil preparation segment have more than 500 employees.

Consolidation has been concentrated in specific segments of the industry where economies of scale can be realized... 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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