Agriculture & Forestry Sector Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 8/7/2017
SIC Codes: 01 , 02 , 07 , 08 , 09
NAICS Codes: 11
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Agriculture & Forestry Sector Industry Profile

Companies in this industry sector grow crops, raise or fatten animals for animal products, and grow and harvest timber. Major crop production companies include US-based Dole Food and Fresh Del Monte Produce; and Amaggi Exportação e Importação (Brazil) and Total Produce (Ireland). Major animal production companies include Brasil Foods (Brazil), Perdue Farms (US), Dairy Farmers of America, JBS (Brazil), DMK Group (Germany), WH Group (China), and Danish Crown (Denmark). Major timber operations include US-based Sierra Pacific and Weyerhaeuser, as well as Stora Enso (Finland) and Resolute Forest Products (Canada).

Global crop production revenue exceeds $3 trillion. Global animal production tops 330 million tons. Brazil, the US and China are among the top crop and animal producers. Top timber sources include Canada, China, Germany, Russia, and the US.

The US agriculture and forestry sector includes about 2 million farms and about 8,000 timber companies with combined annual revenue of about $400 billion.

COMPETITIVE LANDSCAPE

Demand is driven by government agricultural policy programs, food consumption trends, and lumber demand. Profitability depends on efficient operations. Large companies have advantages in vertically integrated operations and economies of scale in purchasing and marketing. Small operations can compete effectively by supplying local markets, specializing in heirloom or organic crops or those that have not been genetically modified (GM), or raising animals in less restrictive environments on hormone-free diets.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major crops include sugarcane, corn, rice, wheat, and fruits and nuts. Pigs ...

 
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