Published on 18 Aug 2022 on Insider Monkey via Yahoo Finance
10 Best Agriculture Stocks To Invest In
In this article, we discuss the 10 best agriculture stocks to invest in. To skip the detailed analysis of the agriculture sector, go see 5 Best Agriculture Stocks To Invest In.
According to a study, 43 million or 30% of all the jobs in the United States are directly or indirectly related to the food and agriculture sector. The annual wages from the sector sum up to $2.3 trillion. Moreover, the sector contributed $718.2 billion in taxes in the prior year and the total economic output of the industry is around $7.4 trillion.
The global agriculture industry was worth $11.287 trillion in 2021, which is expected to grow to $18.814 trillion in 2026 at a CAGR of 10.7%, including horticulture and aquaculture. In 2021, Asia Pacific held the biggest share in the agriculture market, followed by North America.