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The US agricultural industry has been shaped by fluctuations in crop prices, production levels and yields. While prices for core US crops such as corn and wheat remain above historical averages, they have moderated from the peaks seen in 2021-2022. This moderation has clashed with high production costs, particularly for inputs like seeds and fertilizers, which have not decreased in line with prices and revenues. Purchase costs also stand to worsen as tariffs imposed by the US have the potential to drive up prices for imported agricultural inputs. As a result, farmers are encountering tighter profit, even as industry revenue has grown overall. Despite the pressures from input costs, technological advancements such as precision agriculture are helping to offset some challenges by improving efficiency and production. Overall, revenue has grown at a CAGR of 2.7% to reach an estimated $586.5 billion after a decrease of 2.6% in 2025.
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IBISWorld's research coverage on the Agriculture, Forestry, Fishing and Hunting industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released September 2025.
The Agriculture, Forestry, Fishing and Hunting industry in the United States operates under the NAICS industry code 11. This sector includes farms that primarily grow crops or raise livestock, as well as companies specializing in forestry and agricultural support services. This sector also includes companies that provide land for hunting and fishing. Related terms covered in the Agriculture, Forestry, Fishing and Hunting industry in the United States include agribusiness, biofuel, bushel, ethanol, fertilizer, genetically modified (gm), herbicide, organic farming and pesticide.
Products and services covered in Agriculture, Forestry, Fishing and Hunting industry in the United States include Crops, Animals and animal products and Forestry .
Companies covered in the Agriculture, Forestry, Fishing and Hunting industry in the United States include Tyson Foods, Inc.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Agriculture, Forestry, Fishing and Hunting industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Agriculture, Forestry, Fishing and Hunting industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Agriculture, Forestry, Fishing and Hunting industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Agriculture, Forestry, Fishing and Hunting industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Agriculture, Forestry, Fishing and Hunting industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Agriculture, Forestry, Fishing and Hunting industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Agriculture, Forestry, Fishing and Hunting industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Agriculture, Forestry, Fishing and Hunting industry in the United States.
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The market size of the Agriculture, Forestry, Fishing and Hunting industry in the United States is $586.5bn in 2026.
There are 2m businesses in the Agriculture, Forestry, Fishing and Hunting industry in the United States, which has declined at a CAGR of 1.7 % between 2020 and 2025.
The Agriculture, Forestry, Fishing and Hunting industry in the United States is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
The Agriculture, Forestry, Fishing and Hunting industry in the United States is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
The market size of the Agriculture, Forestry, Fishing and Hunting industry in the United States has been growing at a CAGR of 2.7 % between 2020 and 2025.
Over the next five years, the Agriculture, Forestry, Fishing and Hunting industry in the United States is expected to decline.
The biggest company operating in the Agriculture, Forestry, Fishing and Hunting industry in the United States is Tyson Foods, Inc.
Corn farming (except sweet corn), field and seed production and Popcorn farming, field and seed production are part of the Agriculture, Forestry, Fishing and Hunting industry in the United States.
The company holding the most market share in the Agriculture, Forestry, Fishing and Hunting industry in the United States is Tyson Foods, Inc..
The level of competition is high and steady in the Agriculture, Forestry, Fishing and Hunting industry in the United States.