As consumers, we don’t take the time to think about where our everyday objects come from. Oil, water, vegetables, and other raw materials come from natural resources. They are then harvested, produced, and manufactured for our use.
The producers of raw materials are an important part of our economy. They are responsible for distribution, and providing goods and services. Not just to the United States, but globally as well.
Agricultural Producers
Producers of agriculture are vital to this country. They are responsible for the production of vegetables, fruits, crops, and other foods. Additional types of agricultural producers may include cattle rearing, or forestry and fishing. They are integral for our economy as they produce food in both its raw form, but also send food to manufacturers for production. For example, farmers grow corn and sell large quantities to manufacturers so that it can be used to make various retail products.
Additionally, there is a new producer on the rise. Organic farming is a market that has grown in popularity in recent years. Consumers became more health-conscious and focused on farm-to-table practices. As a result, the production of organic farming grows in demand. In fact, this year the market for organic food and beverage is expected to reach $211.44 billion, according to Grand View Research. In the past decade soy, rice, and oat beverages have soared in production. Organic beer and wine are also growing fast.
But it doesn’t end there. The next health-based food to grow in popularity are meat-alternative brands, such as “Beyond Meat”. This has already hit the market, and even fast food chains such as Burger King have incorporated these vegan options into their menu.
Mining and Minerals
Mining is an incredibly important production and is essential in maintaining a standard of living. “Mined minerals are needed to construct roads and hospitals, to build automobiles and houses. They are needed to make computers and satellites, to generate electricity, and to provide the many other goods and services that consumers enjoy” (The National Academy of Sciences, Engineering, and Medicine).
The Mining industry is not only important for domestic distribution but foreign exchange as well. It is particularly important to the U.S. economy because the United States is one of the largest consumers of minerals. We are also one of the largest producers in the world. This industry is economically important as it provides jobs to thousands of Americans and small businesses across the country.
Common goods distributed by producers:
- Rock, stone, sand & gravel
- Wood, forestry & fishing
- Oil & minerals
- Water
- Cotton & fabric
- Crops, produce & meat