Industry Analysis & Industry Trends
Demand for crop support services closely follows demand for crop production. Fortunately for the industry, US farmers have benefited from increased consumption and biofuel production in recent years, as well as a shortage in global supplies following adverse farming conditions in other countries. Increasing automation in the agriculture sector will also boost demand for outsourced services, as many farmers may not have the capital required to perform some tasks... 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