Agriculture
Chukwu - Emeka Onuzuruike
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Agriculture is both an art and a science that involves cultivating the soil, growing crops, and raising livestock. It entails preparing plant and animal products for human consumption and distributing them to markets. Agriculture produces the majority of the world's food and textiles. It is the most important aspect of human life.
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What is the percentage of agriculture in the world?
Crop production currently occupies 11% (1.5 billion ha) of the world's land surface (13.4 billion ha) (arable land and land under permanent crops). This area accounts for slightly more than a third (36%) of the land estimated to be suitable for crop production to some extent.
How big is the global agriculture industry?
According to a recent report, the global Smart Agriculture market is expected to be worth approximately USD 15.3 billion in 2020 and approximately USD 22.5 billion by 2026, with a CAGR of approximately 8.9 percent between 2021 and 2026.
What percentage of US GDP is agriculture?
Agriculture, food, and related industries contributed $1.055 trillion to the US GDP in 2020, accounting for 5.0 percent of total GDP. Farm output in America contributed $134.7 billion of this total, or about 0.6 percent of GDP.
What is the percentage of agriculture in Africa?
Agriculture is by far Africa's most important economic activity. It employs roughly two-thirds of the continent's working population and each country contributes an average of 30 to 60 percent of gross domestic product and 30 percent of export value.