Farm Support Services Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 12/19/2022
SIC Codes: 0721, 0722, 0723, 0724
NAICS Codes: 11511, 11521
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Farm Support Services Industry Profile

Companies in this industry provide support services for production of crops, such as planting and harvesting, and support services for production of animals, such as breeding. No major companies dominate the industry.

Worldwide production of crops and animals drives demand for farm support services. China, India, the US, and Brazil are among the top agricultural producers, according to Investopedia. Production of crops and livestock is expected to expand as rising populations and incomes in developing countries drive demand for food.

The US industry includes about 10,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $30 billion. The industry includes companies that support crop and animal farming operations but don't themselves produce crops, raise farm animals, or own farmland.


Demand is driven by domestic trends in crop and livestock production. The profitability of individual companies depends on establishing a value-added benefit to farms and keeping wages low. Large companies have advantages in vertical integration and in offering a wide range of services. Small companies can compete effectively by specializing in a niche industry or service.


Among all US farm support service providers, half specialize in crops and half in livestock. Crop-related activities account for the majority of revenue. Major services include post-harvest crop activities (about 40% of revenue) like drying, cleaning, shelling, sorting, grading, and packing. Other offerings include soil preparation services (over 20%) like plowing ...

View Full Sample Add To Cart Return to the Industry Profile Menu

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options