The growing merging of older, farm-centered crop economy and newer patterns of more integrated production and marketing systems is termed Agribusiness.
Agribusiness - A type of industry that deals with farming, manufacturing and selling equipment used on farms.
Combining the terms "agriculture" and "enterprise", agribusiness refers to all businesses related to agriculture and related commercial activities.
It combines agricultural practices with the help of advanced technology. It helps in several ways, such as: Miniaturization, production of top quality agricultural products, large-scale production and distribution, etc.
Production, processing and distribution – all the steps necessary to bring agricultural products to market – are all included in agribusiness. All aspects of food production are covered by companies in the agribusiness sector.
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