Do you know what agribusiness is? It refers to all economic activities that are related to the production and marketing of agricultural products.
Constituting a broad market and very present in people's daily lives, its impact reaches several market segments, since it is practically the basis of the Supply Chain.
It is one of the sectors that generates the most jobs in the world and is of vital importance not only for the economy, but also for human development.
In fact, agribusiness is also synonymous with innovation and technology, being one of the sectors that invests the most in trends to improve its processes.
From artificial intelligence in agriculture to the use of complete management systems, which help in the automation of the entire operation.
For its success, agribusiness therefore depends on uk whatsapp data development, in order to match the impacts of production with growing demand.
And this is something that is achieved with innovation, technology and professional qualification.
Well, to understand what agribusiness is, it is necessary to understand that the sector has several characteristics and developments in its performance.
If you want to know more about this line of business and learn its details, keep reading this complete guide! We explore everything about agribusiness, check it out!
What is agribusiness?
Agribusiness is the set of economic activities that are derived from or linked to agricultural production and its trade. It is an important pillar of the Latin American economy .
In fact, anyone who thinks that agribusiness is limited to the farm and the harvest is mistaken. There are several examples of agribusinesses, such as companies that manufacture agricultural machinery, supply seeds and produce agrochemicals.
Agriculture is one of the economic sectors that employs the most people in the world.
In Brazil, according to data from the Brazilian Confederation of Agriculture and Livestock (CNA) published on the Uol portal , the Brazilian agribusiness registered the opening of more than 61 thousand jobs in 2020.
In the case of Argentina, according to a report by FADA , 24% of national employment comes from agriculture, in Colombia it is 17%, while in Mexico it is 12.2%.
This is the best result in the last 10 years!
With the crisis and the pandemic, Brazilian agricultural production gained prominence, becoming the escape valve for several countries.
Especially in Brazil, where family agribusiness is the main source of food and income for many people living in poverty.
Therefore, investing in agriculture is not only one of the most effective strategies to improve food security and promote sustainability, but is also fundamental to the economic development of many countries.
What is the purpose of agribusiness?
The goal of agribusiness is to bring an agricultural product to market. It involves all the necessary steps such as production, processing and distribution.
The sector supports the growth of agribusiness, which is essential for economic growth.
Agribusiness can potentially improve agricultural productivity.
This is one of the reasons why governments often offer subsidies to agricultural businesses.
In fact, the sector plays a crucial role in the growth of developing countries.
Agricultural activities also contribute to improving the food security system and sustainable food production.
However, it is worth mentioning that many agricultural activities increase greenhouse gas (GHG) emissions, contributing to global warming.
This is precisely why innovation is important for the sector and is essential to address these problems.