Agribusiness Meaning: Definition, Examples, and Translations
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agribusiness
[หรฆษกriหbษชznษs ]
Definition
business sector
The agribusiness sector refers to the industry that encompasses all operations involved in the production, processing, and distribution of agricultural products. This includes farming, seed production, crop cultivation, livestock breeding, food processing, and marketing.
Synonyms
agricultural industry, agroindustry, farming business.
Which Synonym Should You Choose?
Word | Description / Examples |
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agribusiness |
This word is commonly used to talk about large-scale farming operations that encompass various stages from production to distribution. It focuses not only on farming but also on the business aspect, including marketing and sales.
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agricultural industry |
This term is used for a broad set of activities that involve the economic aspects of farming, including food production, crop growing, livestock breeding, and the associated services and products that facilitate these tasks.
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farming business |
This phrase is often used to talk about individual or family-owned farms where the focus is primarily on the practical aspects of growing crops or raising livestock. It has a more personal or small-scale implication compared to 'agribusiness'.
|
agroindustry |
Typically used to specify the industrial side of agriculture, such as processing and manufacturing. This term often implies a more mechanical or technological focus on farming.
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Examples of usage
- Many multinational corporations dominate the agribusiness sector.
- Agribusiness plays a crucial role in feeding the world's growing population.
Translations
To see the translation, please select a language from the options available.
Origin of 'agribusiness'
The term 'agribusiness' originated in the United States in the mid-20th century to describe the integration of agriculture and business activities. This concept emerged as agriculture became more commercialized and industrialized, leading to the development of large-scale farming operations and complex supply chains in the food industry.
See also: businesses, businessman, businessperson, businesswoman.