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Farm Supplies Wholesaling in the US: Market Research Report

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

Farm Supplies Wholesaling Market Research Report | NAICS 42491 | Apr 2014

Crop circle: Rising farm input prices will spur growth, but demand for GM seeds may wane

IBISWorld’s Farm Supplies Wholesaling 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
Industry Statistics & Market Size
Revenue
$107bn
Annual Growth 09-14
2.7%
Annual Growth 14-19
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Profit
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Employment
79,962
Businesses
7,014
Industry Analysis & Industry Trends

Unlike most wholesalers, farm supply wholesalers are somewhat shielded from the rising trend of wholesale bypass due to their ability to stockpile surplus seed and sell when demand crests. Growing farm input prices will lead to steady revenue growth over the next five years. Nevertheless, uncertainty regarding GM seeds and crops will cut into industry growth, representing a potential threat in the years to come... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Farm supply wholesalers have experienced growth over the past five years, with revenue increasing substantially from 2011 to 2013 due to high input prices and a wider acceptance of genetically modified (GM) seeds. The industry is expected to grow in 2014, though at a slightly more subdued rate on account of falling commodity prices. The industry's value added (IVA), or its contribution to the overall economy, is forecast to grow 2.3% per year on average over the 10 years to 2019. In comparison, GDP is anticipated to grow at an annualized rate of 2.7% during the same period. IVA growing relatively in line with GDP is a key characteristic of an industry in the mature stage of its life cycle... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Farm Supplies Wholesaling Industry?

This industry distributes a range of manufactured and other goods to crop and livestock farmers. A wholesaler may have exclusive distributorship to sell a particular brand within a specified territory, but most often they will sell such products in competition with other wholesalers.

Industry Products
Animal feedFertilizersFungicides and insecticidesPlant seeds and plant bulbsHerbicides and soil conditioners
 
Industry Activities
Animal feed distributionFertilizer, herbicide and pesticide distributionPlant seed and plant bulb distribution


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