23 Agriculture Industry Statistics You’ll Want to See

As a business in the agriculture sector, it’s vital that you keep up with any new trends so you remain competitive. The current status of the market can also inform your business decisions and provide an idea of what to expect in the future.

On this page, we’ve rounded up the latest agriculture statistics your business should know going into 2024. We’ll cover categories like:

• Agriculture industry market statistics
• Agriculture production statistics
• Organic agriculture statistics

Keep reading to see what’s trending!

Agriculture industry market statistics

The United States is one of the world’s largest agriculture producers. With a total of 893.4 million acres of farmland across the country that was valued at over $2.7 trillion in 2022, agriculture is a lucrative industry. 

Below are some more agriculture statistics that give you an understanding of the current state of the market:

1. In the U.S., the agriculture industry’s gross production value was $298.30 billion in 2023.
2. The value of the total U.S. agricultural exports is expected to reach $170.5 billion by the end of 2024.
3. The agricultural market is expected to be worth $19.2 billion by 2028.
4. By the end of 2024, the industry is expected to be worth $14.3 billion.
5. Globally, the agriculture market was worth $13.2 billion in 2023.

Agriculture production statistics

Agriculture is an enormous industry that focuses on growing crops and raising livestock, including fish, chicken, cows, pigs, and more.

Here are a few stats about the industry’s production:

6. The total U.S. cash crop receipts amounts to $278.2 billion.
7. Corn accounts for $87.1 billion of the cash crops in the U.S.
8. Soybeans account for $61.4 billion of the cash crops in the U.S.
9. Fruit and nuts account for $26.9 billion of the cash crops in the U.S.
10. Vegetables and melons account for $25.2 billion of the cash crops in the U.S.
11. There are 87.2 million head of cattle and calves on U.S. farms.
12. There are 28.2 million beef cows in the U.S. — down 2% from 2023.
13. The U.S. produces an average of 14 billion bushels of corn every year.
14. The number of milk cows in the U.S. decreased from last year, down to 9.36 million.
15. The U.S. produces an average of 4 billion bushels of soybeans each year.
16. More than 80% of the bushels of wheat grown in the U.S. go into food products. 
17. The U.S. textile market is predicted to grow by 3.1% by 2030.

Organic agriculture statistics

An increasing trend in the agriculture industry is organic agriculture. Organic agriculture encourages the use of biological and mechanical methods — instead of synthetic materials — to produce food products. 

This sector has seen a lot of growth in recent years as consumers become increasingly conscious of their food choices. More than ever, consumers are looking to purchase products free of chemicals and pesticides. 

Here’s the breakdown of agriculture industry statistics regarding organic produce:

18. An estimated 76.4 million hectares of land are used for organic farming worldwide.
19. Sales of organic crops have amounted to over $63 billion.
20. There are over 17,000 organic farms in the U.S.
21. Over 16,000 organic farms are certified organic.
22. North America has a 4% share of organic agricultural area worldwide.
23. Sales for organic products have grown 4% in the last year.

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