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Agritech Market - Global Outlook & Forecast 2025-2030

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    Report

  • 317 Pages
  • February 2025
  • Region: Global
  • Arizton
  • ID: 6052339
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The Agritech Market was valued at USD 24.42 billion in 2024, and is projected to reach USD 48.98 billion by 2030, rising at a CAGR of 12.30%.

Recent Developments by Top Major Brands in the Global Agritech Market

  • In 2024, John Deere launched its autonomous 8R tractor, which can autonomously perform tasks such as planting and tilling. This move follows the company’s USD 305 million investment in autonomous farming technology. John Deere aims to deploy 1,000 autonomous tractors by 2025, addressing labor shortages and increasing operational efficiency.
  • Corteva expanded its biological portfolio in 2023 by acquiring Symborg, a leader in biological solutions for agriculture. The acquisition, valued at an undisclosed amount, enhances Corteva’s offerings in eco-friendly farming. Corteva's 2023 revenue was USD 18.2 billion, with biological products contributing significantly to growth.
  • Bayer CropScience enhanced its digital farming capabilities in 2023 by acquiring The Climate Corporation for USD 1.1 billion. This acquisition integrates weather data, satellite imagery, and analytics into Bayer’s platform, helping farmers optimize production. Bayer aims for USD 2.5 billion in digital revenue by 2025.
  • AG Leader launched the InCommand 1200 display system in 2024, designed to improve precision farming with real-time data analytics and automated machinery control. The system helps farmers monitor soil health and crop conditions. AG Leader’s parent company, Trimble, reported USD 3.5 billion in revenue in 2023, driven by demand for precision farming tools.
  • Trimble partnered with Verizon in 2023 to integrate its precision farming solutions with Verizon’s 5G network. This collaboration aims to provide faster, more reliable data transmission, enhancing real-time decision-making for farmers. Verizon’s 5G coverage in 80% of the US will help Trimble meet the growing demand for high-speed rural connectivity.
  • AGCO launched the Fendt e100 Vario, an all-electric tractor, in 2024. Priced at USD 230,000, the tractor aims to reduce farmers' carbon footprints and energy costs. AGCO’s USD 500 million investment in sustainable technologies is part of its strategy to offer electric farm machinery by 2030. The company’s 2023 revenue was USD 13.5 billion, with a growing share of sustainable products.

AGRITECH MARKET TREND & DRIVERS

Rise of Vertical Farming and Controlled Environment Agriculture (CEA)

Adopting vertical farming and Controlled Environment Agriculture (CEA) is revolutionizing the global agritech market, addressing challenges like limited arable land and climate change. Vertical farming leverages hydroponics and AI-driven systems to enhance productivity, while CEA ensures precise environmental control, enabling year-round, resource-efficient cultivation. These advancements, supported by substantial investments and government initiatives, are reshaping sustainable food production worldwide.

Increased Investments in Agri-Biotechnology and Sustainable Practices

The global agritech market is witnessing unprecedented growth, driven by advancements in agri-biotechnology, precision agriculture, and sustainable farming practices. Investments surpassed USD 27 billion in 2023, marking a 19% rise from 2022, as governments and private enterprises prioritize technological solutions to address challenges like food security and climate change. Innovations such as drought-resistant crops, precision irrigation, and autonomous machinery are revolutionizing agriculture, enabling higher yields and resource efficiency.

Government Support and Initiatives

The global agritech market is experiencing rapid growth, driven by government initiatives targeting critical issues such as food security and climate change. Substantial funding programs, such as the EU's $10 billion Horizon Europe initiative and the US Farm Bill's $500 million allocation for precision agriculture, are accelerating technology adoption. These efforts have enhanced productivity and sustainability, with emerging markets in Asia and Africa leading the democratization of agritech solutions. Moreover, governments are also promoting agritech adoption through tax incentives and startup-friendly policies. For instance, in North America, the United States and Canada have introduced tax credits for agritech investments, encouraging farmers and corporations to adopt sustainable technologies.

Population Growth and Food Security

The global agritech market is experiencing significant growth, driven by rising food demand as the population approaches 9.7 billion by 2050. Advanced technologies like precision agriculture, AI, and vertical farming are transforming agricultural practices, enhancing productivity while minimizing environmental impact. Vertical farming is a key area of growth in the agritech sector, with companies like AeroFarms and Plenty leading the charge. These companies are developing state-of-the-art indoor farms that use minimal water, land, and energy to produce crops in urban settings. For example, AeroFarms’ vertical farming systems use aeroponics and LED lighting to grow leafy greens and herbs without soil, using 95% less water than traditional farming methods. This not only increases food availability in urban areas but also reduces the carbon footprint associated with food production and transportation.

INDUSTRY RESTRAINTS

Limited Digital Literacy in Rural Areas

The global agritech market faces significant barriers due to limited digital literacy and infrastructure in rural areas, particularly in emerging economies. Farmers often lack the skills and resources to adopt innovative technologies, which restricts agritech adoption and stifles growth. Collaborative efforts among governments, NGOs, and agritech companies are crucial to bridging this gap and unlocking the sector's full potential.

High Initial Investment Costs

High initial investment costs pose a significant barrier to agritech adoption, particularly in regions with limited financing access. Technologies like precision farming and autonomous machinery require substantial capital, often exceeding USD 100,000, making them unaffordable for small and medium-sized farms in both emerging and developed markets.

SEGMENTATION INSIGHTS

INSIGHTS BY TYPE

The global agritech market by type is segmented into biotechnology & biochemicals, big data analytics, sensors & connected devices, and mobility. The biotechnology & biochemicals segment is driven by increasing demand for sustainable farming practices, supported by government policies favoring bio-based solutions. In 2024, this segment accounted for a substantial portion of the market and is projected to grow at a CAGR exceeding 12.7% during the forecast period. Furthermore, Big Data analytics is transforming agriculture by providing farmers with actionable insights derived from real-time and historical data. The adoption of IoT devices in farming and the rising demand for predictive analytics are significant drivers for this segment. Recent advancements include AI and machine learning applications that enhance yield prediction and optimize resource allocation.

The sensors & connected devices segment, including soil sensors, weather stations, and connected irrigation systems, has been instrumental in resource optimization and efficient water management. Recent innovations in IoT technology have revolutionized farm interactions, enabling growers and advisors to enhance productivity through real-time data and automation. Lastly, the mobility segment, which includes software and mobile applications, is bridging the digital divide in rural areas by providing farmers with remote access to critical information. High smartphone penetration and the demand for real-time farm monitoring have fueled growth in this segment. For instance, applications like AgroTIC leverage machine learning and mobile platforms to connect farmers with agronomists and merchants.

The agritech market is poised for exponential growth across all segments, driven by technological advancements and the increasing need for sustainable farming solutions. Recent innovations, such as AI-driven analytics, IoT integration, and bio-based agricultural inputs, highlight the sector's potential to address modern agricultural challenges effectively. This trajectory underscores the critical role of agritech in shaping the future of global agriculture.

Segmentation by Type

  • Biotechnology & Biochemicals
  • Big Data Analytics
  • Sensors & Connected Devices
  • Mobility

INSIGHTS BY APPLICATION

The global agritech market by application is segmented into production and maintenance, irrigation, supply chain, and marketplace. The production and maintenance segment leads the agritech market, focusing on enhancing crop production and farm maintenance through technologies like IoT, AI, and robotics. The adoption of precision farming and automated equipment has resulted in increased yields and cost reductions. For example, AI-powered pest management solutions and automated soil monitoring systems are increasingly utilized by large-scale farmers. According to USDA, over half of agribusinesses plan to invest in on-farm robotics or autonomous systems within the next two years, underscoring the growing importance of automation in agriculture. Furthermore, efficient water management is crucial, and smart irrigation systems utilizing sensors and data analytics are minimizing water wastage while maximizing efficiency. Innovations such as automated drip irrigation and weather-based watering controls are gaining traction, particularly in water-scarce regions. The increasing awareness of sustainable agricultural practices and government subsidies for modern irrigation equipment are propelling growth in this segment. The global agritech market, encompassing irrigation technologies, is expected to cross USD 12 billion by 2030.

The supply chain segment addresses the need for transparency and efficiency in the movement of agricultural products. The demand for supply chain transparency is rising, with technologies enabling farmers to predict crucial farming operations and measure sustainability. Furthermore, digital marketplace platforms are revolutionizing how farmers sell their produce and access resources. The adoption of e-commerce in agriculture has seen exponential growth, particularly in emerging economies, where smallholder farmers are leveraging mobile applications for market access. For instance, in India, space data is fueling farming innovation, enabling farmers to access optimal sowing times and improved irrigation practices.

The global agritech market is poised for substantial growth across all application segments. Production and maintenance continue to lead with advanced tools optimizing yield, while irrigation and supply chain segments evolve with sustainable and efficient solutions. The marketplace segment, driven by digital innovation, is bridging gaps between farmers and buyers, creating a holistic ecosystem for modern agriculture. The integration of cutting-edge technologies across these segments ensures continued growth and adaptation to the dynamic needs of the agricultural sector.

Segmentation by Application

  • Production and Maintenance
  • Irrigation
  • Supply Chain
  • Marketplace

GEOGRAPHICAL ANALYSIS

North America holds the most significant share of the global agritech market, accounting for over 35% in 2024. The region's growth is fueled by high adoption of precision farming technologies, robust investment in agricultural R&D, and government incentives for sustainable practices. Also, government funding is a significant driver, with the USDA allocating over USD 500 million in 2023 to promote technologies like IoT and autonomous machinery. This has spurred innovation among startups and established firms. Furthermore, advancements in biotechnology, such as CRISPR-based gene editing, are enhancing crop resilience. In 2023, genetically modified seeds accounted for 80% of corn and soybean crops in the United States.

The Asia Pacific agritech market is growing rapidly due to rising food demand driven by a population of over 4.7 billion. Governments in countries like China and India are offering subsidies to boost precision farming and modern agricultural technologies. Furthermore, government initiatives like Japan’s Smart Agriculture Project and Australia’s “Ag2030” plan are driving innovation. These programs aim to enhance productivity and sustainability through robotics and digital technologies. Moreover, sustainability concerns are accelerating the adoption of Agritech solutions like smart irrigation and precision fertilizers. Pilot projects in Southeast Asia have reduced resource consumption by up to 30%, aligning with environmental goals.

Europe represents another mature agritech market, driven by stringent environmental regulations and the adoption of sustainable agricultural practices. Government support is a key driver, with the European Commission allocating €1.3 billion under Horizon Europe for sustainable agricultural R&D in 2023. This funding fosters the development of data-driven solutions and promotes innovation in the sector. Also, the rising demand for organic produce is pushing the use of Agritech tools for better crop management and reduced resource consumption. Companies like BASF launched digital platforms in 2024 to help farmers meet environmental regulations. Furthermore, labor shortages are leading to increased use of robotics and automation in agriculture, with over 25% of farms in Northern Europe integrating robotic systems by late 2023. These systems are helping reduce operational costs by up to 40%.

The Latin American Agritech market is growing due to rising food demand, driven by a growing population and urbanization. By 2030, the region’s population is projected to increase by 8%, boosting the need for sustainable agricultural solutions. Government policies in countries like Brazil are accelerating Agritech adoption, with investments in digital farming and precision agriculture. The focus on sustainability is reshaping the sector, as Latin American farmers adopt technologies to reduce resource usage and waste. This is attracting investment and fostering partnerships between startups and major agricultural companies.

The Middle East and Africa (MEA) region is witnessing a gradual adoption of Agritech, primarily in water-scarce countries like Israel, the UAE, and South Africa. For example, the UAE's "Food Security Strategy 2051" promotes sustainable farming practices and drone technology. Also, government support is crucial for the adoption of agritech solutions. The South African government’s "Agriculture and Agro-processing Master Plan," launched in 2020, aims to integrate technology into farming. Furthermore, venture capital investments in agritech startups are growing. In 2023, Egypt's agritech company "Greenhouse" raised USD 1.5 million to expand its operations, focusing on vertical farming and efficient water use.

Segmentation by Geography

  • North America
    • The U.S.
    • Canada
  • APAC
    • China
    • India
    • Thailand
    • Malaysia
    • Australia
    • Indonesia
  • Europe
    • France
    • Germany
    • Italy
    • The U.K.
    • Poland
    • Spain
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • Turkey
    • South Africa
    • Egypt

VENDORS LANDSCAPE

The global agritech market is experiencing robust growth, driven by the increasing demand for sustainable agricultural practices, technological advancements, and supportive government policies. Key technologies, including precision agriculture, AI-based analytics, IoT-enabled devices, robotics, and smart farming solutions, are transforming the sector. Major players have secured significant market shares by focusing on innovation and expanding their global presence. The key players in the global agritech market include AGCO Corporation, Bayer Crop Science, CNH Industrial, Corteva Agriscience, John Deere, Kubota Corporation, Syngenta, and Trimble Inc.

John Deere (Deere & Company) leads the market with a share of approximately 15%-18%, offering advanced solutions such as autonomous tractors and the John Deere Operations Center. Trimble Inc. follows John Deere, known for its GPS technologies and field analytics. Bayer CropScience holds 8%-10% of the market through its Climate FieldView platform, which integrates data analytics with on-field applications. AGCO Corporation contributes 7%-9% via its Fendt, Massey Ferguson, and Valtra brands, integrating IoT and telemetry into its machinery. CNH Industrial, with its New Holland and Case IH brands, accounts for a significant agritech market share, providing telematics and data-driven solutions.

Other players, such as Corteva Agriscience, Kubota Corporation, Indigo Ag, and Yara International, focus on digital agronomy, seed technology, and sustainable solutions. Emerging startups like Farmers Edge and CropX are gaining traction with niche innovations in AI, drones, and blockchain. The agritech market is poised for continued expansion, with sustainability and digital transformation at the forefront of competitive strategies.

Key Company Profiles

  • AGCO Corporation
  • Bayer Crop Science
  • CNH Industrial
  • Corteva Agriscience
  • John Deere
  • Kubota Corporation
  • Syngenta
  • Trimble Inc.

Other Prominent Vendors

  • Agreena
  • AgroStar
  • ARSR Tech
  • CeresAI
  • CropX
  • DeHaat
  • EcoRobotix
  • FarmInsect
  • Indigo Ag
  • Yara International

KEY QUESTIONS ANSWERED

1. How big is the global agritech market?
2. What is the growth rate of the global agritech market?
3. Who are the key players in the global agritech market?
4. What are the significant trends in the agritech industry?
5. Which region dominates the global agritech market share?

Table of Contents

1. Scope & Coverage
1.1. Market Definition
1.1.1. Inclusions
1.1.2. Exclusions
1.1.3. Market Estimation Caveats
1.2. Segments Covered & Definition
1.1.1 Market Segmentation by Type
1.1.2 Market Segmentation by Application
1.1.3 Regions & Countries Covered
1.3. Market Derivation
1.3.1. Historic, Base, & Forecast Years
2. Premium Insights
2.1. Opportunity Pockets
2.2. Market Maturity Indicator
2.3. Regional Insights
2.4. Report Overview
2.5. Market Trend & Opportunities
2.5.1. Rise of Vertical Farming and Controlled Environment Agriculture (Cea)
2.5.2. Increased Investments in Agri-Biotechnology and Sustainable Practices
2.6. Market Drivers
2.6.1. Government Support and Initiatives
2.6.2. Population Growth and Food Security
2.7. Market Challenges
2.7.1. Limited Digital Literacy in Rural Areas
2.7.2. High Initial Investment Costs
2.8. Segmental Analysis
2.8.1. by Type
2.8.2. by Application
2.9. Vendors Landscape
2.9.1. Recent Developments by Top Major Brands
3. Market at a Glance
4. Introduction
4.1. Overview
4.2. the Role of IoT, AI, and Machine Learning in Transforming Traditional Farming Practices
4.2.1. IoT in Precision Agriculture
4.2.2. AI for Predictive Insights
4.2.3. Machine Learning for Automated Solutions
4.2.4. Livestock Management and Monitoring
4.2.5. Benefits and Challenges
4.3. Recent Developments in the Agritech Market
4.3.1. Strategic Partnerships and Collaborations
4.3.2. Mergers and Acquisitions (M&A)
4.3.3. Technological Advancements
4.3.4. Shifting Consumer Preferences
4.3.5. Government Regulations and Policy Support
4.4. Value Chain Analysis
4.4.1. Research and Development (R&D)
4.4.2. Input Suppliers
4.4.3. Technology Providers
4.4.4. Farmers and Agricultural Producers
4.4.5. Processing and Manufacturing
4.4.6. Distribution and Logistics
4.4.7. Retail and Consumer Engagement
4.4.8. Support Services
4.5. Supply Side and Demand Side Indicators
4.5.1. Supply Side Indicators of the Global Agritech Market
4.5.2. Demand Side Indicators of the Global Agritech Market
5. Market Opportunities & Trends
5.1. Rise of Vertical Farming and Controlled Environment Agriculture (Cea)
5.1.1. the Vertical Farming Revolution
5.1.2. Controlled Environment Agriculture (Cea) Advancements
5.1.3. Growing Consumer Demand for Fresh, Sustainable Produce
5.1.4. Technological Innovations Driving Agritech
5.1.5. Government Support and Investments
5.2. Increased Investments in Agri-Biotechnology and Sustainable Practices
5.2.1. Agri-Biotechnology at the Forefront of Innovation
5.2.2. Precision Agriculture Boosting Sustainable Practices
5.2.3. Regulatory Push and Incentives Driving Adoption
5.2.4. Private Sector Innovations Transforming the Market
5.3. Adoption of Precision Agriculture and IoT Integration in Farming
5.3.1. Precision Agriculture: Enhancing Resource Efficiency and Crop Yield
5.3.2. IoT Integration: Revolutionizing Farm Management
5.3.3. Economic and Environmental Benefits Driving Adoption
6. Market Growth Enablers
6.1. Population Growth and Food Security
6.1.1. the Challenge of Food Security
6.1.2. Technological Innovations Enhancing Agricultural Productivity
6.1.3. Urban Agriculture and Vertical Farming
6.1.4. Agritech Solutions for Sustainable Food Production
6.2. Government Support and Initiatives
6.2.1. Funding and Incentives Bolstering Agritech Adoption
6.2.2. Public-Private Partnerships Driving Technological Integration
6.2.3. Tax Benefits and Startup Support
6.2.4. Addressing Global Challenges Through Agritech
6.2.5. Impact on the Agritech Market Outlook
6.3. Rising Adoption of Automation and Robotics
6.3.1. Addressing Labor Shortages and Cost Efficiency
6.3.2. Enhancing Sustainability with Precision Technology
6.3.3. Investments and Policy Support
7. Market Restraints
7.1. Limited Digital Literacy in Rural Areas
7.1.1. the Digital Divide in Rural Areas
7.1.2. Impact of Limited Digital Skills on Agritech Adoption
7.1.3. Limited Digital Infrastructure and Connectivity
7.1.4. Skepticism and Lack of Trust in Agritech Solutions
7.1.5. Financial Burden on Agritech Companies
7.1.6. Collaborative Efforts to Address the Digital Literacy Gap
7.1.7. Developing Hybrid Solutions for Easier Adoption
7.1.8. Overcoming Digital Literacy Barriers to Unlock Agritech Potential
7.2. High Initial Investment Costs
7.2.1. Financial Barriers in Emerging Markets
7.2.2. Slow Adoption in Developed Markets
7.2.3. Financing Challenges and Innovative Solutions
7.2.4. Addressing High Initial Investment Costs
7.3. Regulatory and Policy Challenges
7.3.1. Inconsistent Regulatory Landscapes
7.3.2. Data Privacy and Security Concerns
7.3.3. Government Subsidies and Traditional Agricultural Policies
7.3.4. Environmental and Safety Regulations
7.3.5. Regional Disparities and Market Access
7.3.6. Impact on Investment and Innovation
8. Market Landscape
8.1. Market Overview
8.1.1. Driving Forces
8.1.2. Regional Insights
8.1.3. Innovations in Supply Chain and Sustainability
8.1.4. Challenges and Opportunities
8.1.5. the Future of Agritech
8.2. Market Size & Forecast
8.3. Five Forces Analysis
8.3.1. Threat of New Entrants
8.3.2. Bargaining Power of Suppliers
8.3.3. Bargaining Power of Buyers
8.3.4. Threat of Substitutes
8.3.5. Competitive Rivalry
9. Tech Type
9.1. Market Snapshot & Growth Engine
9.2. Market Overview
9.3. Biotechnology & Biochemicals
9.3.1. Market Overview
9.3.2. Market Size & Forecast
9.3.3. Market by Geography
9.4. Big Data Analytics
9.4.1. Market Overview
9.4.2. Market Size & Forecast
9.4.3. Market by Geography
9.5. Sensors & Connected Devices
9.5.1. Market Overview
9.5.2. Market Size & Forecast
9.5.3. Market by Geography
9.6. Mobility
9.6.1. Market Overview
9.6.2. Market Size & Forecast
9.6.3. Market by Geography
10. Application
10.1. Market Snapshot & Growth Engine
10.2. Market Overview
10.3. Production and Maintenance
10.3.1. Market Overview
10.3.2. Market Size & Forecast
10.3.3. Market by Geography
10.4. Irrigation
10.4.1. Market Overview
10.4.2. Market Size & Forecast
10.4.3. Market by Geography
10.5. Supply Chain
10.5.1. Market Overview
10.5.2. Market Size & Forecast
10.5.3. Market by Geography
10.6. Marketplace
10.6.1. Market Overview
10.6.2. Market Size & Forecast
10.6.3. Market by Geography
11. Geography
11.1. Market Snapshot & Growth Engine
11.2. Geographic Overview
12. North America
12.1. Market Overview
12.2. Market Size & Forecast
12.3. Type
12.3.1. Market Size & Forecast
12.4. Application
12.4.1. Market Size & Forecast
12.5. Key Countries
12.6. US: Market Size & Forecast
12.7. Canada: Market Size & Forecast
13. APAC
13.1. Market Overview
13.2. Market Size & Forecast
13.3. Type
13.3.1. Market Size & Forecast
13.4. Application
13.4.1. Market Size & Forecast
13.5. Key Countries
13.6. China: Market Size & Forecast
13.7. India: Market Size & Forecast
13.8. Thailand: Market Size & Forecast
13.9. Malaysia: Market Size & Forecast
13.10. Australia: Market Size & Forecast
13.11. Indonesia: Market Size & Forecast
14. Europe
14.1. Market Overview
14.2. Market Size & Forecast
14.3. Type
14.3.1. Market Size & Forecast
14.4. Application
14.4.1. Market Size & Forecast
14.5. Key Countries
14.6. France: Market Size & Forecast
14.7. Germany: Market Size & Forecast
14.8. Italy: Market Size & Forecast
14.9. Poland: Market Size & Forecast
14.10. UK: Market Size & Forecast
14.11. Spain: Market Size & Forecast
15. Latin America
15.1. Market Overview
15.2. Market Size & Forecast
15.3. Type
15.3.1. Market Size & Forecast
15.4. Application
15.4.1. Market Size & Forecast
15.5. Key Countries
15.6. Brazil: Market Size & Forecast
15.7. Mexico: Market Size & Forecast
15.8. Argentina: Market Size & Forecast
16. Middle East & Africa
16.1. Market Overview
16.2. Market Size & Forecast
16.3. Type
16.3.1. Market Size & Forecast
16.4. Application
16.4.1. Market Size & Forecast
16.5. Key Countries
16.6. Turkey: Market Size & Forecast
16.7. South Africa: Market Size & Forecast
16.8. Egypt: Market Size & Forecast
17. Competitive Landscape
17.1. Competition Overview
17.2. Competitive Benchmarking
17.2.1. Pricing
17.2.2. Geographical Presence
17.2.3. Market Share
17.2.4. Raw Material Sourcing
17.2.5. R&D Investment
17.3. Market Share Analysis
17.4. Recent Developments by Key Vendors
18. Key Company Profiles
18.1. Agco Corporation
18.1.1. Business Overview
18.1.2. Product Offerings
18.1.3. Key Strategies
18.1.4. Key Strengths
18.1.5. Key Opportunities
18.2. Bayer Crop Science
18.2.1. Business Overview
18.2.2. Product Offerings
18.2.3. Key Strategies
18.2.4. Key Strengths
18.2.5. Key Opportunities
18.3. Cnh Industrial
18.3.1. Business Overview
18.3.2. Product Offerings
18.3.3. Key Strategies
18.3.4. Key Strengths
18.3.5. Key Opportunities
18.4. Corteva Agriscience
18.4.1. Business Overview
18.4.2. Product Offerings
18.4.3. Key Strategies
18.4.4. Key Strengths
18.4.5. Key Opportunities
18.5. John Deere
18.5.1. Business Overview
18.5.2. Product Offerings
18.5.3. Key Strategies
18.5.4. Key Strengths
18.5.5. Key Opportunities
18.6. Kubota Corporation
18.6.1. Business Overview
18.6.2. Product Offerings
18.6.3. Key Strategies
18.6.4. Key Strengths
18.6.5. Key Opportunities
18.7. Syngenta
18.7.1. Business Overview
18.7.2. Product Offerings
18.7.3. Key Strategies
18.7.4. Key Strengths
18.7.5. Key Opportunities
18.8. Trimble Inc.
18.8.1. Business Overview
18.8.2. Product Offerings
18.8.3. Key Strategies
18.8.4. Key Strengths
18.8.5. Key Opportunities
19. Other Prominent Vendors
19.1. Agreena
19.1.1. Business Overview
19.1.2. Product Offerings
19.1.3. Key Strategies
19.1.4. Key Strengths
19.1.5. Key Opportunities
19.2. Agrostar
19.2.1. Business Overview
19.2.2. Product Offerings
19.2.3. Key Strategies
19.2.4. Key Strengths
19.2.5. Key Opportunities
19.3. Arsr Tech
19.3.1. Business Overview
19.3.2. Product Offerings
19.3.3. Key Strategies
19.3.4. Key Strengths
19.3.5. Key Opportunities
19.4. Ceres AI
19.4.1. Business Overview
19.4.2. Product Offerings
19.4.3. Key Strategies
19.4.4. Key Strengths
19.4.5. Key Opportunities
19.5. Cropx
19.5.1. Business Overview
19.5.2. Product Offerings
19.5.3. Key Strategies
19.5.4. Key Strengths
19.5.5. Key Opportunities
19.6. Dehaat
19.6.1. Business Overview
19.6.2. Product Offerings
19.6.3. Key Strategies
19.6.4. Key Strengths
19.6.5. Key Opportunities
19.7. Ecorobotix
19.7.1. Business Overview
19.7.2. Product Offerings
19.7.3. Key Strategies
19.7.4. Key Strengths
19.7.5. Key Opportunities
19.8. Farminsect
19.8.1. Business Overview
19.8.2. Product Offerings
19.8.3. Key Strategies
19.8.4. Key Strengths
19.8.5. Key Opportunities
19.9. Indigo AG
19.9.1. Business Overview
19.9.2. Product Offerings
19.9.3. Key Strategies
19.9.4. Key Strengths
19.9.5. Key Opportunities
19.10. Yara International
19.10.1. Business Overview
19.10.2. Product Offerings
19.10.3. Key Strategies
19.10.4. Key Strengths
19.10.5. Key Opportunities
20. Report Summary
20.1. Key Takeaways
20.2. Strategic Recommendations
21. Quantitative Summary
21.1. Market by Geography
21.2. Market by Type
21.3. Market by Application
22. Appendix
22.1. Research Methodology
22.2. Research Process
22.3. Report Assumptions & Caveats
22.3.1. Key Caveats
22.3.2. Currency Conversion
22.4. Abbreviations
List of Exhibits
List of Exhibits
Exhibit 1 Market Size Calculation Approach 2024
Exhibit 2 Value Chain Analysis of Global Agritech Market
Exhibit 3 Supply Side and Demand Side Indicators of the Global Agritech Market
Exhibit 4 Impact of the Rise of Vertical Farming and Controlled Environment Agriculture (Cea)
Exhibit 5 Impact of Increased Investments in Agri-Biotechnology and Sustainable Practices
Exhibit 6 Impact of Adoption of Precision Agriculture and IoT Integration in Farming
Exhibit 7 Impact of Population Growth and Food Security
Exhibit 8 Impact of Government Support and Initiatives
Exhibit 9 Impact of Rising Adoption of Automation and Robotics
Exhibit 10 Impact of Limited Digital Literacy in Rural Areas
Exhibit 11 Impact of High Initial Investment Costs
Exhibit 12 Impact of Regulatory and Policy Challenges
Exhibit 13 Global Agritech Market 2021-2030 ($ Billion)
Exhibit 14 Five Forces Analysis 2024
Exhibit 15 Incremental Growth by Type 2024 & 2030
Exhibit 16 Global Biotechnology & Biochemicals Agritech Market 2021-2030 ($ Billion)
Exhibit 17 Global Big Data Analytics Agritech Market 2021-2030 ($ Billion)
Exhibit 18 Global Sensors & Connected Devices Agritech Market 2021-2030 ($ Billion)
Exhibit 19 Global Mobility Agritech Market 2021-2030 ($ Billion)
Exhibit 20 Incremental Growth by Application 2024 & 2030
Exhibit 21 Global Agritech Market by Production and Maintenance 2021-2030 ($ Billion)
Exhibit 22 Global Irrigation Agritech Market 2021-2030 ($ Billion)
Exhibit 23 Global Agritech Market by Supply Chain 2021-2030 ($ Billion)
Exhibit 24 Global Agritech Market by Marketplace 2021-2030 ($ Billion)
Exhibit 25 Incremental Growth by Geography 2024 & 2030
Exhibit 26 North America Agritech Market 2021-2030 ($ Billion)
Exhibit 27 Incremental Growth in Region 2024 & 2030
Exhibit 28 US Agritech Market 2021-2030 ($ Billion)
Exhibit 29 Canada Agritech Market 2021-2030 ($ Billion)
Exhibit 30 APAC Agritech Market 2021-2030 ($ Billion)
Exhibit 31 Incremental Growth in Region 2024 & 2030
Exhibit 32 China Agritech Market 2021-2030 ($ Billion)
Exhibit 33 India Agritech Market 2021-2030 ($ Billion)
Exhibit 34 Thailand Agritech Market 2021-2030 ($ Billion)
Exhibit 35 Malaysia Agritech Market 2021-2030 ($ Billion)
Exhibit 36 Australia Agritech Market 2021-2030 ($ Billion)
Exhibit 37 Indonesia Agritech Market 2021-2030 ($ Billion)
Exhibit 38 Europe Agritech Market 2021-2030 ($ Billion)
Exhibit 39 Incremental Growth in Europe 2024 & 2030
Exhibit 40 France Agritech Market 2021-2030 ($ Billion)
Exhibit 41 Germany Agritech Market 2021-2030 ($ Billion)
Exhibit 42 Italy Agritech Market 2021-2030 ($ Billion)
Exhibit 43 Poland Agritech Market 2021-2030 ($ Billion)
Exhibit 44 UK Agritech Market 2021-2030 ($ Billion)
Exhibit 45 Spain Agritech Market 2021-2030 ($ Billion)
Exhibit 46 Latin America Agritech Market 2021-2030 ($ Billion)
Exhibit 47 Incremental Growth in Latin America 2024 & 2030
Exhibit 48 Brazil Agritech Market 2021-2030 ($ Billion)
Exhibit 49 Mexico Agritech Market 2021-2030 ($ Billion)
Exhibit 50 Argentina Agritech Market 2021-2030 ($ Billion)
Exhibit 51 Middle East & Africa Agritech Market 2021-2030 ($ Billion)
Exhibit 52 Incremental Growth in Middle East & Africa 2024 & 2030
Exhibit 53 Turkey Agritech Market 2021-2030 ($ Billion)
Exhibit 54 South Africa Agritech Market 2021-2030 ($ Billion)
Exhibit 55 Egypt Agritech Market 2021-2030 ($ Billion)
Exhibit 56 Global Agritech Market Share by Bands 2023 (% Share)
Exhibit 57 Key Caveats
List of Tables
Table 1 Global Biotechnology & Biochemicals Agritech Market by Geography 2024-2030 ($ Billion)
Table 2 Global Big Data Analytics Agritech Market by Geography 2024-2030 ($ Million)
Table 3 Global Sensors & Connected Devices Agritech Market by Geography 2024-2030 ($ Million)
Table 4 Global Mobility Agritech Market by Geography 2024-2030 ($ Million)
Table 5 Global Production and Maintenance Agritech Market by Geography 2024-2030 ($ Million)
Table 6 Global Production and Maintenance Agritech Market by Geography 2024-2030 (%)
Table 7 Global Irrigation Agritech Market by Geography 2024-2030 ($ Million)
Table 8 Global Irrigation Agritech Market by Geography 2024-2030 (%)
Table 9 Global Supply Chain Agritech Market by Geography 2024-2030 ($ Million)
Table 10 Global Marketplace Agritech Market by Geography 2024-2030 ($ Million)
Table 11 North America Agritech Market by Type 2024-2030 ($ Billion)
Table 12 North America Agritech Market by Type 2024-2030 (%)
Table 13 North America Agritech Market by Application 2024-2030 ($ Billion)
Table 14 North America Agritech Market by Application 2024-2030 (%)
Table 15 APAC Agritech Market by Type 2024-2030 ($ Billion)
Table 16 APAC Agritech Market by Type 2024-2030 (%)
Table 17 APAC Agritech Market by Application 2024-2030 ($ Billion)
Table 18 APAC Agritech Market by Application 2024-2030 (%)
Table 19 Europe Agritech Market by Type 2024-2030 ($ Billion)
Table 20 Europe Agritech Market by Type 2024-2030 (%)
Table 21 Europe Agritech Market by Application 2024-2030 ($ Billion)
Table 22 Europe Agritech Market by Application 2024-2030 (%)
Table 23 Latin America Agritech Market by Type 2024-2030 ($ Billion)
Table 24 Latin America Agritech Market by Type 2024-2030 (%)
Table 25 Latin America Agritech Market by Application 2024-2030 ($ Billion)
Table 26 Latin America Agritech Market by Application 2024-2030 (%)
Table 27 Middle East & Africa Agritech Market by Type 2024-2030 ($ Billion)
Table 28 Middle East & Africa Agritech Market by Type 2024-2030 (%)
Table 29 Middle East & Africa Agritech Market by Application 2024-2030 ($ Billion)
Table 30 Middle East & Africa Agritech Market by Application 2024-2030 (%)
Table 31 Agco Corporation: Major Product Offerings
Table 32 Bayer Crop Science: Major Product Offerings
Table 33 Cnh Industrial: Major Product Offerings
Table 34 Corteva Agriscience: Major Product Offerings
Table 35 John Deere: Major Product Offerings
Table 36 Kubota Corporation: Major Product Offerings
Table 37 Syngenta: Major Product Offerings
Table 38 Trimble Inc.: Major Product Offerings
Table 39 Agreena: Major Product Offerings
Table 40 Agrostar: Major Product Offerings
Table 41 Arsr Tech: Major Product Offerings
Table 42 Ceres AI: Major Product Offerings
Table 43 Cropx: Major Product Offerings
Table 44 Dehaat: Major Product Offerings
Table 45 Ecorobotix: Major Product Offerings
Table 46 Farm Insect: Major Product Offerings
Table 47 Indigo Ag: Major Product Offerings
Table 48 Yara International: Major Product Offerings
Table 49 Global Agritech Market by Geography 2024-2030 ($ Billion)
Table 50 Global Agritech Market by Geography 2024-2030 (%)
Table 51 Global Agritech Market by Type 2024-2030 ($ Billion)
Table 52 Global Agritech Market by Type 2024-2030 (%)
Table 53 Global Agritech Market by Application 2024-2030 ($ Billion)
Table 54 Global Agritech Market by Application 2024-2030 (%)
Table 55 Currency Conversion 2017-2023

Companies Mentioned

The companies mentioned in this Agritech market report include:
  • AGCO Corporation
  • Bayer Crop Science
  • CNH Industrial
  • Corteva Agriscience
  • John Deere
  • Kubota Corporation
  • Syngenta
  • Trimble Inc.
  • Agreena
  • AgroStar
  • ARSR Tech
  • CeresAI
  • CropX
  • DeHaat
  • EcoRobotix
  • FarmInsect
  • Indigo Ag
  • Yara International

Methodology


Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.

Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.



 

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