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What Factors Made B2B Agriculture Globalized?

Updated on March 18, 2020

Agricultural Industry

For decades the agriculture industry has been providing us with essential nutrients that are needed for our survival. No person on planet earth can imagine his survival without the intake of agricultural products. Initially, the Indian agricultural industry was limited to essential crops. But today, the agriculture products in India have grown tremendously. In itself, it includes dairy, forestry, gardening tools, waste products, agricultural machinery, fertilizers, animal feed, fruit cultivation, and many other agricultural products. These products lead to the development of the human body and mind.

The agriculture industry has been recognized for employing most of the world's population directly or indirectly. In India, agriculture is considered the backbone of the economy. It is the core of life financially and nutritionally. During the course of its growth, agriculture product manufacturers in India have emerged. Thanks to online B2B portals, this growth in the agriculture sector is being witnessed. Certain agricultural crops are being consumed in regions that cannot even grow those crops.

Major credit for this boom should be given to technology. Technology has shaped agriculture trade like all other industries. It has led to a reduction in costs and improvement in yield over the decades. As per climate and resources, it has led to increased trade and specialization. Automation in the agriculture industry has also increased efficiency. Today, there is a huge shift in the use of agriculture output. It is being used as a food source and input as a raw material for the production of finished goods. There is also a shift in raw material consumption.

Today, the agriculture industry has got a globalized approach. The top 10 agriculture exporting countries are the United States, France, India, Germany United Kingdom, Canada, Australia, Italy, Belgium, and Spain.

Science has played a role in the harvesting of plants. Today, genetically modified seeds (GMO) are being introduced to the farmers in order to increase output and yield a healthier product.

Agriculture supporting machinery and equipment is helping farmers accomplish the task of giving the world a healthier product.

The future of the agriculture industry is quite predictable. It is going to be unevenly distributed where some parts of the world will have abundance in terms of genetically modified plants, machinery, and technology while other parts will mostly import the basic food and grains from the rest of the world.

This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.


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