Germany Agtech Market Summary, Competitive Analysis and Forecast to 2027

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 German Agtech market had total revenues of $482.1 million in 2022, representing a compound annual growth rate (CAGR) of 16.3% between 2017 and 2022.
• The devices segment accounted for the market's largest proportion in 2022, with total revenues of $292.8 million, equivalent to 60.7% of the market's overall value.
• The increased internet access is projected to boost the application of advanced technologies across the German agriculture sector and fuel the growth of the Agtech market in the coming years.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in Germany
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in Germany
• 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 Germany agtech market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Germany agtech market by value in 2022?
• What will be the size of the Germany agtech market in 2027?
• What factors are affecting the strength of competition in the Germany agtech market?
• How has the market performed over the last five years?
• Who are the top competitors in Germany's agtech market?