| Standard Report | Premium Report | |
|---|---|---|
| Current State of the Industry |  |
|
| Market Size (industry trends) | |
|
| Market Forecast (5-year projection) | |
|
| Products/Services Breakdown | |
|
| Revenue per State | |
|
| Financial Metrics | |
|
| Salary & Compensation Statistics | |
|
| Public Company Information | |
|
| Key Private Companies | |
|
| Government Vendors | |
|
| Instant Download - Available immediately upon purchase | |
|
Download both PDF and Excel
|
|
|
| Download now: |
2024 U.S. Industry Statistics & Market Forecast - Farm Supplies Merchant Wholesalers
Market Size & Industry Statistics
The total U.S. industry market size for Farm Supplies Merchant Wholesalers:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Farm Supplies Merchant Wholesalers industry include:- Increased demand for organic and sustainable farm products
- Adoption of precision agriculture technologies
- Growth in vertical farming and hydroponics
- Impact of climate change on farming practices
- Supply chain disruptions affecting availability and price
- Rise in the use of biotech-enhanced seeds
- Expansion of e-commerce and online platforms for supply procurement
- Growing focus on animal welfare in livestock products
- Shift towards integrated pest management products
- Fluctuations in global commodity prices
- Regulatory changes affecting chemicals and fertilizers used in agriculture
- Enhanced focus on farm operational efficiency and cost management
- Emerging markets driving global demand for farm supplies
Product & Services Breakdown
Research products and services in the Farm Supplies Merchant Wholesalers industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
|||
Hardware |
|||
Farm Machinery, Equipment, And Parts |
|||
Lawn And Garden Machinery, Equipment, And Parts |
|||
Grains, Beans, And Seeds |
|||
Corn, Excluding Corn Grown For Silage |
|||
Wheat |
|||
Soybeans |
|||
Seeds And Other Grains, Beans, And Rice |
|||
Pet Food |
|||
Chemicals And Allied Products, Excluding Agricultural Chemicals, Plastics, Industrial And Natural Gases, Liquefied Petroleum (Lp |
|||
Refined Petroleum Products, Excluding Liquefied Petroleum (Lp) |
|||
Farm Supplies |
|||
Hay And Straw |
|||
Poultry And Livestock Feeds, Including Silage, Not Mixed On Location |
|||
Poultry And Livestock Feeds, Including Silage, Mixed On Location |
|||
Herbicides, Soil Sterilizers, And Soil Conditioners |
|||
Insecticides, Fungicides, And Pesticides |
|||
Other Agricultural Chemicals And Fertilizers |
|||
Seeds And Bulbs For Planting |
|||
Other Farm Supplies |
|||
Harness And Saddlery Equipment |
|||
Flowers, Plants, Trees, Nursery Stock, And Florists' Supplies, Including Artificial |
|||
Live Trees, Plants, And Nursery Stock |
|||
Service Receipts And Labor Charges, Including Installed Parts |
|||
Miscellaneous Commodities |
|||
Receipts For Harvesting, Cleaning, Shelling, And Other Farm Product Preparation Services |
|||
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Farm Supplies Merchant Wholesalers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Farm Supplies Merchant Wholesalers industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Farm Supplies Merchant Wholesalers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
|
| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
|
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 9% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 4% | |||
| Business and Financial Operations Occupations | 6% | |||
| Sales and Related Occupations | 18% | |||
| Sales Representatives, Wholesale and Manufacturing | 14% | |||
| Sales Representatives, Wholesale and Manufacturing | 14% | |||
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | 12% | |||
| Office and Administrative Support Occupations | 14% | |||
| Production Occupations | 5% | |||
| Transportation and Material Moving Occupations | 36% | |||
| Motor Vehicle Operators | 15% | |||
| Driver/Sales Workers and Truck Drivers | 15% | |||
| Heavy and Tractor-Trailer Truck Drivers | 8% | |||
| Material Moving Workers | 19% | |||
| Laborers and Material Movers | 17% | |||
| Laborers and Freight, Stock, and Material Movers, Hand | 8% | |||
| Stockers and Order Fillers | 7% | |||
Farm Supplies Merchant Wholesalers Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Farm Supplies Merchant Wholesalers industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Farm Supplies Merchant Wholesalers industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Farm Supplies Merchant Wholesalers industry. |
Source:
Innovation News
- Apr 18, 2024: AG Nutrients patents Compositions, Systems, And Methods For Increased Plant Quality
- Feb 29, 2024: Volm Companies patents Adjustable Wicket Bagging Machine
- Jan 17, 2024: Phillips Fastener trademarks "BLACK WIDOW" - Metal materials and hardware for building and construction, including but not limited to: screws, including but not limited to drywall screws, deck screws and/or collated screws; nails, including but not limited to roofing nails and/or collated nails; fasteners, including but not limited to acoustical fasteners (also known as acoustical lags) and/or drywall fasteners; and/or wire rod and threaded rod
- Jan 16, 2024: Bloomaker Usa trademarks "GIANT AMARYLLIS" - flower bulbs; raw flower bulbs; living plants; waxed flower bulbs; hydroponic flowers; flower bulbs in containers filled with soil; Flower bulbs in a bag;
- Jan 16, 2024: Bloomaker Usa trademarks "BLOOMARYLLIS" - flower bulbs; raw flower bulbs; living plants; waxed flower bulbs; hydroponic flowers; flower bulbs in containers filled with soil; Flower bulbs in a bag
- Nov 16, 2023: Valent U. S. A. patents Agricultural Compositions And Methods Of Use Thereof
- Mar 23, 2020: Hey Ladies raises $1 million in funding.
- Dec 03, 2019: Hey Ladies raises $1 million in funding.
Recent Federal Contracts for Farm Supplies Merchant Wholesalers
- Feb 07, 2024: SANTA MARIA SEEDS INC (Santa Maria, CA) awarded $17,070
Related Reports
Can't find what you're looking for? We have over a thousand
market research reports.
Ask us and an analyst will help you find what you need.