Rural activities
industry include establishments involved in cotton ginning, soil preparation,
planting, and cultivating, crop harvesting, postharvest crop activities, farm
labour contractors and crew leaders, farm management services, support
activities for animal production, support activities for forestry, finfish
fishing, shellfish fishing, other marine fishing, hunting and trapping, timber
tract operations, forest nurseries and gathering of forest products and
logging.
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The reason for
substantial growth of the market from $1.3 trillion in 2017 to $1.8 trillion in
2021 is the increasing consumption of wood and wood-based products which will
drive the market for forestry and logging, thereby driving the rural activities
market.
The market in
the report is segmented into: forestry and logging, fishing, hunting and
trapping, and agriculture and forestry support activities.
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Asia Pacific was
the largest region in the rural activities market in 2017, accounting for over
55% market share. China was the largest country in the rural activities market
in 2017, accounting for more than one-fourth of the market share. This was a result
of the large consumer population in the country and high public investment in
the country’s agriculture and manufacturing industries.
Some of the top
competitors in the market are Olam International, Weyerhaeuser Company and
Austevoll Seafood.
Olam International
is a leading agri-business operating across 70 countries, supplying food and
industrial raw materials to over 23,000 customers worldwide and employs around
of 70,000 people.
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