What is Agribusiness?

(UNIDO, 2011)

Agribusiness is a broad concept that covers input suppliers, agro-processors, traders, exporters and retailers. Agribusiness provides inputs to farmers and connects them to consumers through the financing, handling, processing, storage, transportation, marketing and distribution of agro-industry products and can be decomposed further into four main groups:

1. Agricultural input industry for increasing agricultural productivity, such as agricultural machinery, equipment and tools, fertilisers, pesticides, insecticides; irrigation systems and related equipment.

2. Agro-industry: Food and beverages, tobacco products, leather and leather products, textile, footwear and garment, wood and wood products, rubber products, as well as construction industry products based on agricultural materials.

3. Equipment for processing agricultural raw materials, including machinery, tools, storage facilities, cooling technology and spare parts.

4. Various services, financing, marketing and distribution firms, including storage, transport, ICTs, packaging materials and design for better marketing and distribution.

Copyright © 2017 by Agricultural Business Chamber