Farming Industry: growth, challenges, trends & covid-19 impact

By : Kirtika

The world is getting expanded with the increase in the number of populations per year. Because of this reason, the global pressure on agricultural land is increasing at an exceeding rate. The agricultural sector has been facing regular changes with the advent of various agricultural technologies. There has been an increasing requirement of the best quality materials meant for agricultural needs. And currently, the manufacturers of various agriculture or farming based tools and equipment are being manufactured in bulk to meet the needs of the farmers. Cleanliness and purity are very important in agricultural products manufacturing. The companies that are engaged in agricultural products manufacturing require high-quality sanitary valves and feeders that are required in the agricultural industry.

Agricultural industry trends of 2021 

1.           The digital innovation in the farming industry has applicability in supply chain management and technology, infrastructure development, enablement of areas like traceability, quality, logistics and distribution along                with other value chain areas.

2.           Climate change is another trend on the priority list. There should be an effective strategy for climate risk mitigation for effective water management, adapting to increasing temperatures, along with facing drought                situations.

3.           Development of the startup ecosystem and digital agriculture is another emerging trend that we will be able to see for their agricultural industry in the year 2021.

4.           The government is also currently undertaking the water management initiative like drip irrigation and watershed management that has actually been estimated to has benefited the agricultural sector.

 

Challenges faced by the agricultural industry

 Currently, the agricultural industry is facing several challenges. For instance, most of the people are still not aware of the technologies that are used in the agricultural fields. Also, in fewer countries, there is a lack of standardized safety regulations because of which the growth of the Agriculture industry is getting hampered. The growing privatization of the agricultural services and resources would boost up the Agriculture equipment demand.

Major market players are now providing high-quality tools and equipment that meet all the demands of the clients from the agriculture industry by providing cost-effective and durable services.

Moreover covid-19 has highly influenced the growth of the agricultural or farming industry. For instance, most of the farmers are not getting access to proper tools and equipment for farming. Also due to restrictions because of the lockdown has made it difficult for the agricultural workers and farmers to meet their day-to-day farming requirements. This has led to a lack of crop production which has again led to the rise of prices in the main market.

Lower production, wastage of crops, low level of income is some of the issues that the people in the agricultural industry has faced after the pandemic.

 


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