Minister for Agriculture Radha Mohan Singh addressing at the launch of the 'Soil Health Card scheme', at Suratgarh, in Rajasthan on February 19, 2015. Prime Minister Narendra Modi, the Governor of Rajasthan Kalyan Singh, Chief Minister of Rajasthan Vasundhara Raje Scindia, Chief Minister of Punjab, Parkash Singh Badal and other dignitaries are also seen.Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the agricultural products industry and had a total market value of $1,286,087.0 million in 2014, says a report from MarketReportsOnline.com, a database of selected syndicated market reports for global and regional industries.

The G8 countries contributed $468,036.9 million in 2014 to the global agricultural products industry, with a compound annual growth rate (CAGR) of 1.6% between 2010 and 2014. The G8 countries are expected to reach a value of $531,800.3 million in 2019, with a CAGR of 2.6% over the 2014-19 period.

Among the G8 nations, the US is the leading country in the agricultural products industry, with market revenues of $157,322.9 million in 2014. This was followed by Japan and Russia, with a value of $107,823.4 and $55,808.5 million, respectively.

The US is expected to lead the agricultural products industry in the G8 nations with a value of $171,707.5 million in 2016, followed by Japan and Russia with expected values of $124,990.9 and $74,394.6 million, respectively.

Within the BRIC agricultural products industry, China is the leading country among the BRIC nations with market revenues of $1,062,548.1 million in 2014. This was followed by India, Russia and Brazil with a value of $116,211.7, $55,808.5, and $51,518.7 million, respectively.

China is expected to lead the agricultural products industry in the BRIC nations with a value of $1,524,490.4 million in 2019, followed by India, Russia, Brazil with expected values of $144,405.8, $74,394.6 and $66,535.5 million, respectively.