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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 | Oct 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 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
Industry Statistics & Market Size
Revenue
$101bn
Annual Growth 09-14
1.6%
Annual Growth 14-19
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Profit
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Employment
79,962
Businesses
7,014
Industry Analysis & Industry Trends

While the performance of the Farm Supplies Wholesaling industry largely depends on demand from the agriculture sector as a whole, the single most important determinant of revenue growth is the price of farm-supply inputs. Material inputs underwent a period of net growth during the past five years. Moreover, the industry is projected to experience stifled growth over the five years to 2019, as heightened demand from downstream livestock farmers is offset by a slow rise in farm input prices. Industry revenue tends to grow alongside the price of inputs because wholesalers pass along the majority of increased costs to downstream markets. IBISWorld forecasts subdued feed and fertilizer prices will grow revenue slowly... purchase to read more

Industry Report - Industry Analysis Chapter

While the performance of the Farm Supplies Wholesaling industry largely depends on demand from the agriculture sector as a whole, the single most important determinant of revenue growth is the price of farm-supply inputs. Purchasing costs generally consist of the price of inputs for the industry's major products: animal feed and fertilizer. Wholesalers are able to pass the majority of these cost increases on to downstream buyers, boosting revenue when price increases occur. Material inputs underwent a period of net growth during the past five years. Nevertheless, a severe decline in the price of feeds hurt industry revenue toward the end of the period, resulting in a sharp decline in revenue in 2014... 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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