Definition, Meaning & Synonyms

agribusiness

Noun

/ˈæɡrəˌbɪznəs/

Definition

Agribusiness refers to the business sector encompassing agriculture and its associated industries, including the production, processing, and distribution of agricultural products.

Examples

The agribusiness sector plays a crucial role in the economy by providing food and employment opportunities.
She studied agribusiness in college to learn about the various facets of the agricultural industry.
Many agribusiness companies focus on sustainability and environmentally friendly practices.

Meaning

The term combines the words ‘agriculture’ and ‘business’ to describe the various activities involved in the agricultural supply chain, from farming to retail.