We have come up with Insider Monkey’s latest article about the largest agricultural companies by revenue in the world. We can always learn great things from their list, so let’s check this new compilation a little closer! The global population is expected to reach 10 billion by 2050, which suggests that food production will have to be increased by at least 50%. In turn, this could result in the need for more land, which could lead to further deforestation and the depletion of other resources like water and soil.
What will happen in the future? How can the agricultural companies solve this problem without the final exploitation of the earth? Given the major challenges in global food production, more and more governments are imposing regulations in order to tackle them. Middle-income countries, faced with populations that are becoming more wealthy, are investing heavily in food production, while the investments from more developed countries are slowing down.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three of the largest agricultural companies by revenue in the world from their list.
The first one is Fresh Del Monte Produce Inc (NYSE:FDP). Next on our list of largest agricultural companies by revenue in the world is Fresh Del Monte Produce Inc (NYSE:FDP), which is engaged in the production, marketing and distribution of fresh and freshly-cut fruit and vegetables, as well as prepared fruit, vegetables, juices, snacks, and desserts. Fresh Del Monte Produce was once affiliated with food processing company Del Monte Foods and still continues to market pineapples, bananas, and other products under the Del Monte label under a licensing agreement with Del Monte Foods. The second company is BASF. BASF is a German chemical company that supplies many industries. One of the largest chemical companies in the world, BASF has a big agricultural division that provides fungicides, herbicides, insecticides, boscalid, and fipronil, as well as seed treatment products.At last, but not least we are mentioning CNH Industrial NV (NYSE:CNHI). CNH Industrial NV (NYSE:CNHI) makes a variety of equipment, including tractors and other agricultural equipment, construction equipment, as well as commercial vehicles, trucks, buses and specialty vehicles (under the Iveco name). Its agricultural equipment is sold under the Case and New Holland brands.
For any further useful information, read Insider Monkey’s article about 12 largest agricultural companies by revenue in the world