Definition, Meaning & Synonyms

agrobusiness

noun

/ˌæɡroʊˈbɪznəs/

Definition

Agrobusiness refers to the business sector that encompasses all activities related to agricultural production, including the production of food, fiber, and other goods through farming and forestry.

Examples

Many farmers have diversified their income by entering into agrobusiness ventures.
Agrobusiness plays a crucial role in the economy, providing jobs and supporting communities.
Innovations in agrobusiness have led to more sustainable farming practices.