Introduction • Agribusiness refers to all business activities involved in the production, processing, and distribution of agricultural products. • It provides income, employment, and food security. • Includes farming, processing, marketing, and supporting industries.
Farm-Level Agribusiness • Related to production activities on farms. • Examples: Crop farming, dairy farming, poultry, aquaculture. • Labor-intensive and depends on land, weather, and inputs.
Agro-Processing Agribusiness • Converts raw agricultural products into finished or semi-finished goods. • Examples: Rice milling, sugar refining, fruit juice production. • Adds value and extends product shelf life.
Marketing and Distribution Agribusiness • Involves packaging, transportation, and sale of farm products. • Examples: Wholesalers, retailers, exporters, online marketplaces. • Ensures fair prices and market access for farmers.
Support Services Agribusiness • Offers services that help in production and marketing. • Examples: Agricultural finance, insurance, research, and extension services. • Strengthens agricultural systems and innovation.
Emerging Forms of Agribusiness • Agri-Tech: Use of AI, drones, and IoT in farming. • Organic and Sustainable Farming. • Agri-Tourism: Combining farming with tourism. • Contract Farming: Agreements between farmers and buyers.
Conclusion • Agribusiness includes all sectors from farm to market. • It supports economic growth, innovation, and sustainability. • Agribusiness is a complete system that feeds the world.