Rural activities industry includes establishments involved
in cotton ginning, soil preparation, planting, and cultivating, crop
harvesting, forest nurseries and gathering of forest products and logging and
similar activities.
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The global rural activities market has shown rapid growth in
the past years with a CAGR of about 8%. In the year 2017, this industry recorded
highest ever growth with a net value of more than $1.5 trillion, as per TBRC’s inhouse consultants.
TBRC’s report show
latest trends in the rural activities market for each year with sourced reasons
to support the growth claims.
The report also calculates rural activities market to grow at
a similar CAGR till 2021, along with geographies best suited for investments
with highest return rate.
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report at
The forestry and logging activity segment recorded the
highest growth out of all the sectors with a CAGR of about 10% in 2017,
followed by agriculture and forestry support activities with a CAGR of 8%, which
in turn is expected to decline by 2021.
Forestry and logging is also the smallest segment in the
market with 25% market share, and a market value of more than $300 billion. The
growth in this sector is attributed to market factors which include high demand
of timber in recent years due to increased population, increased market
opportunity in Asia pacific, and improvement in logging technology for
increased efficiency.
Companies included in the report are Olam International,
Weyerhaeuser Company, and Austevoll Seafood.
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