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Home › Industry Metrics › NAICS 11192

NAICS 11192 - Cotton Farming

NAICS 11192 - COTTON FARMING
NAICS 11191 Tobacco Farming NAICS 11192 Cotton Farming NAICS 11193 Sugarcane Farming NAICS 11194 Hay Farming NAICS 11199 All Other Crop Farming
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This industry comprises establishments primarily engaged in growing cotton.

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This industry comprises establishments primarily engaged in growing cotton.

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NAICS 11 Agriculture, Forestry, Fishing and Hunting
NAICS 111 Crop Production
NAICS 1119 Other Crop Farming
NAICS 11192 Cotton Farming
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Industry trends

The cotton farming industry, classified under NAICS 11192, has been experiencing several notable qualitative trends. One significant trend is the increasing adoption of sustainable farming practices. As environmental concerns continue to rise, cotton farmers are more focused on reducing their carbon footprint through methods such as no-till farming, crop rotation, and the use of organic pesticides and fertilizers. This shift not only helps in conserving soil and water resources but also responds to consumer demand for eco-friendly products.

Another trend is the integration of advanced technology and precision agriculture. Farmers are leveraging data analytics, GPS mapping, and IoT devices to enhance the efficiency and productivity of their operations. These technologies enable better monitoring of crop health, optimized irrigation systems, and targeted application of inputs, leading to higher yields and reduced costs.

Looking ahead, the forecast for the cotton farming industry includes a continued focus on sustainability and technology integration. The adoption of genetically modified crops that are more resistant to pests and environmental stresses is expected to grow. Additionally, the industry may see an increase in collaborative efforts between farmers, tech companies, and agronomists to further innovate farming practices. Market demand for organic and sustainable cotton is projected to rise, aligning with broader trends in the textile and fashion industries towards eco-friendly products.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 0%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 2%

Loan Failure Rate 18%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 97%

Total Companies in this Industry 118
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Explore related industries

  • NAICS 11192 Cotton Farming
  • NAICS 111920 Cotton farming, field and seed production
  • NAICS 111920 Cottonseed farming
  • View all related industries

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