Agricultural products are broadly classified into grains, fruits & vegetables, oilseeds, dairy, livestock and others. Grains are the most consumed products. The most important grains are rice and wheat, which account for one-fifth of the calories consumed by humans around the world. Other examples of grains are ragi, sorghum and millets. Oilseeds, which includes soybeans, rapeseed, sunflower and others, are witnessing growth owing to increasing consumption in emerging countries. Currently, oilseeds are also being used as bio-fuels, which is also expected to drive the oilseeds market growth.
Agriculture machinery and equipment are integral part of agriculture industry. They constitute farm tractors, harvesting machines, plowers and cultivators and generally used for the purpose of harvesting, tilling, ploughing and disking. Farm tractors constitute the largest segment of agriculture equipment market.
Agriculture sector is witnessing a dynamic shift due to development of advanced agriculture equipment, innovative technologies and genetically improved seeds. Currently, agriculture robots or Agribots and drones are being used for seeding, sowing, watering, harvesting as well as controlling weeds and tracking the field condition. In addition, agriculture biotechnology is used to alter the genome sequence of crops or livestock to obtain high yield and good quality products. These genetically modified crops are known as transgenic crops. Vertical farming is another hi-tech solution to increase crop production along with conservation of resources, providing protection from weather-related issues and producing organic crops.
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