GITNUX MARKETDATA REPORT 2024

Must-Know Agriculture Statistics [Recent Analysis]

Statistic 1

"Agriculture accounts for approximately 70% of global freshwater withdrawals."

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Statistic 2

"Organic farming is practiced on 72.3 million hectares worldwide, representing 1.5% of the global agricultural land."

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Statistic 3

"Climate change could reduce crop yields by up to 25% by 2050 in some regions."

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Statistic 4

"The global seed market size was valued at $59.71 billion in 2020 and is expected to grow with a CAGR of 4.3%."

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Statistic 5

"More than 570 million farms exist globally and most of them (over 90%) are family farms."

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Statistic 6

"Around 33% of the world’s soils are degraded due to erosion, salinization, compaction, acidification, and chemical pollution."

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Statistic 7

"Agricultural biotechnology can increase crop yields by 20-25%."

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Statistic 8

"Women make up about 43% of the agricultural labor force in developing countries."

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Statistic 9

"Smallholder farms provide over 80% of the food consumed in a large part of the developing world."

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Statistic 10

"Agriculture, forestry, and land use change contribute about 24% of global greenhouse gas emissions."

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Statistic 11

"According to the FAO, 25%-30% of food produced globally is lost or wasted."

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Statistic 12

"By 2050, the world’s population is expected to reach 9.7 billion, significantly increasing the demand for food."

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Statistic 13

"Precision agriculture has the potential to improve crop productivity by up to 30%."

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Statistic 14

"The global agri-tech market is projected to grow to $22.48 billion by 2025."

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Statistic 15

"Conservation agriculture can increase water infiltration by 25-100% compared to conventional farming."

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Statistic 16

"Post-harvest losses in sub-Saharan Africa amount to $4 billion annually."

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Statistic 17

"The US Department of Agriculture (USDA) allocates nearly $140 billion in budget annually for food and agricultural programs."

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Statistic 18

"By 2030, the agriculture sector will need to produce 50% more food, feed, and biofuel compared to 2012 to meet global demands."

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Statistic 19

"The agriculture sector employs over 1 billion people worldwide."

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Statistic 20

"The global market for agriculture drones is expected to reach $4.6 billion by 2025."

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