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Global Agricultural Equipment Market to Reach US$ 131.6 Bn by 2024 - Persistence Market Research

2017-04-04 prnewswire
The dependency of agricultural activities on equipment has intensified as conventional methods of obtaining better farm produce are being rendered as useless. Taking the growing global population into account, demand for effective agricultural equipment continues to grow in parallel with the rising global consumption of food & beverages. However, high interest rates levied for purchase of agricultural equipment are becoming a major stumbling block for farmers from several parts of the world.