Impact of COVID-19 on the Global Agriculture Market and Outlook 2020-2021

Impact of COVID-19 on the Global Agriculture Market Outlook

The effects of the COVID-19 pandemic can be seen in the agriculture sector in terms of supply chain disruptions and agricultural production. Although the lockdown guidelines exempt farm operations and supply chains, challenges arise of supplying raw materials across closed borders and having sufficient healthy employees to keep facilities operative.

As the crisis is set to have profound effects on the global economy, small-scale rural producers are to bear the brunt of it as it threatens to affect their livelihood. While it will take time to fully understand the impact of this pandemic on agriculture, adequate steps by the government involving food security and agriculture policy can help mitigate the mid and long-term effects of the crisis. A pool of opportunity also arises for agricultural technologies, especially digital agriculture solutions, to assess COVID19 impact on production, logistics, etc.

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This exclusive report by EMR explores the outbreak of COVID-19, its impact on global and regional economy, and its implications on the agriculture sector. The report studies the impact of the crisis on the global economy by assessing parameters like consumption, GDP, business investment, residential investment, inventory, and governmental policies and decisions. The regional economies analysed for Q1 2020 till Q4 2021 are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Keeping in mind the prevailing conditions, EMR’s new report titled, the ‘Impact of COVID-19 on the Global Agriculture Market’, gives a holistic understanding of the exposure of the agriculture sector to COVID-19, covering markets such as:

• Agricultural Commodities
• Machinery and Technology 
• Pesticides and Fertilizers 
• Seeds

For each of the above segment, the EMR report also gives an in-depth understanding of both the supply and the demand sides of the market by analysing:

• Key Parameters
• Price Variations of Key Raw Materials
• Production Shutdown
• Cash Flow Constraints
• Supply Chain Disruption
• Labour 
• Lockdown Impact
• Consumer Sentiments

With a focus on helping business leaders navigate through the shifting landscape, EMR also proposes some key short and medium to long term policies that look towards future growth while minimizing the economic damage.

Our experts at EMR leverage proprietary data, models, and expert opinion to provide timely insight into what the emerging pandemic means for the current needs of the market and future strategies of the industry players. We concentrate on helping our customers better understand the economic challenges, conditions, and uncertainty faced across all markets around the world. COVID-19’s impact on the agriculture sector may take an extended period to correct, but global players can refer to our detailed report showcasing the impact on various sectors and mitigate risk in advance.

We have also updated all our reports considering the impact of COVID-19 coronavirus on the various industries. Check out the reports in other categories to get a deeper understanding of how the COVID-19 has been impacting your industry in particular.

Key Highlights of the Report