Cotton Farming in the US

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The Cotton industry comfortably maintains global competitiveness due to the growing use of genetically modified cotton seeds, high production yields, burgeoning world demand and generous support payments from the Government. High domestic prices and increased exports are expected to further stimulate revenue growth. A potential new market for this industry may be biofuels produced from cottonseed oil. The popularity of cotton products is not expected to wane with consumption growing at faster rates than demand for manmade fibers. ( Cotton Farming in the US - Business Market Reports )

IBISWORLD INDUSTRY MARKET RESEARCH REPORT

This is the replacement for IBISWorld's February 2008 edition of Cotton Farming in the US report.

Industry Market Research Synopsis

This Industry Market Research report from IBISWorld provides a detailed analysis of the Cotton Farming in the US industry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry.

Industry Definition

This industry comprises establishments that are primarily engaged in the growing of cotton. Cotton is the term most commonly used to describe the white downy fibers grown on shrubby plants of the genus Gossypium. These fibers are used to make textiles and other products. Unlike other countries, US cotton is not grown as a perennial. Instead, it is grown as an annual crop from seeds planted each year.

Report Contents

The Key Statistics chapter provides the key indicators for the industry for at least the last three years. The statistics included are industry revenue, industry gross product, employment, establishments, exports, imports, domestic demand and total wages.

The Market Characteristics chapter covers the following: Market Size, Linkages, Demand Determinants, Domestic and International Markets, Basis of Competition and Life Cycle. The Market Size section gives the size of the domestic market as well as the size of the export market. The Linkages section lists the industry's major supplier and major customer industries. The Demand Determinants section lists the key factors which are likely to cause demand to rise or fall. The Domestic and International Markets section defines the market for the products and services of the industry. This section provides the size of the domestic market and the proportion accounted for by imports and exports and trends in the levels of imports and exports. The Basis of Competition section outlines the key types of competition between firms within the industry as well as highlighting competition from substitute products in alternative industries. The Life Cycle section provides an analysis of which stage of development the industry is at.

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