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Middle East and Africa (MEA) Agtech Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 41 Pages
  • July 2023
  • Region: Africa, Middle East
  • GlobalData
  • ID: 5867694
Agtech in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • AgTech refers to the use of technology in farming and agriculture aimed to improve the efficiency, productivity, and sustainability of food production. The global AgTech market is rapidly growing as a result of population growth, increased food demand, climate change, and water scarcity issues.
  • The Middle East & African Agtech market had total revenues of $120.9 million in 2022, representing a compound annual growth rate (CAGR) of 10.6% between 2017 and 2022.
  • The devices segment accounted for the market's largest proportion in 2022, with total revenues of $77.3 million, equivalent to 63.9% of the market's overall value.
  • Israel dominated the Middle East & African Agtech market in 2022 and captured a massive share of 63.5%.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in Middle East & Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in Middle East & Africa
  • Leading company profiles reveal details of key agtech market players' global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa agtech market with five year forecasts

Reasons to Buy

  • What was the size of the Middle East & Africa agtech market by value in 2022?
  • What will be the size of the Middle East & Africa agtech market in 2027?
  • What factors are affecting the strength of competition in the Middle East & Africa agtech market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Middle East & Africa's agtech market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What have been the recent developments in the market?
8 Company Profiles
8.1. Pure Harvest Smart Farms
8.2. CNH Industrial NV
8.3. Deere & Co
8.4. A.A.A. Taranis Visual Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
  • About the Publisher
List of Tables
Table 1: Middle East & Africa agtech market value: $ million, 2017-22
Table 2: Middle East & Africa agtech market category segmentation: % share, by value, 2017-2022
Table 3: Middle East & Africa agtech market category segmentation: $ million, 2017-2022
Table 4: Middle East & Africa agtech market geography segmentation: $ million, 2022
Table 5: Middle East & Africa agtech market value forecast: $ million, 2022-27
Table 6: Pure Harvest Smart Farms: key facts
Table 7: CNH Industrial NV: key facts
Table 8: CNH Industrial NV: annual financial ratios
Table 9: CNH Industrial NV: key employees
Table 10: CNH Industrial NV: key employees Continued
Table 11: Deere & Co: key facts
Table 12: Deere & Co: annual financial ratios
Table 13: Deere & Co: key employees
Table 14: A.A.A. Taranis Visual Ltd: key facts
Table 15: Middle East & Africa size of population (million), 2018-22
Table 16: Middle East & Africa gdp (constant 2005 prices, $ billion), 2018-22
Table 17: Middle East & Africa gdp (current prices, $ billion), 2018-22
Table 18: Middle East & Africa inflation, 2018-22
Table 19: Middle East & Africa consumer price index (absolute), 2018-22
Table 20: Middle East & Africa exchange rate, 2018-22
List of Figures
Figure 1: Middle East & Africa agtech market value: $ million, 2017-22
Figure 2: Middle East & Africa agtech market category segmentation: $ million, 2017-2022
Figure 3: Middle East & Africa agtech market geography segmentation: % share, by value, 2022
Figure 4: Middle East & Africa agtech market value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the agtech market in Middle East & Africa, 2022
Figure 6: Drivers of buyer power in the agtech market in Middle East & Africa, 2022
Figure 7: Drivers of supplier power in the agtech market in Middle East & Africa, 2022
Figure 8: Factors influencing the likelihood of new entrants in the agtech market in Middle East & Africa, 2022
Figure 9: Factors influencing the threat of substitutes in the agtech market in Middle East & Africa, 2022
Figure 10: Drivers of degree of rivalry in the agtech market in Middle East & Africa, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Pure Harvest Smart Farms
  • CNH Industrial NV
  • Deere & Co
  • A.A.A. Taranis Visual Ltd