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United Kingdom (UK) Agtech Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 46 Pages
  • July 2023
  • Region: United Kingdom
  • GlobalData
  • ID: 5867742
Agtech in the United Kingdom 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 UK Agtech market had total revenues of $185.2 million in 2022, representing a compound annual growth rate (CAGR) of 14.8% between 2017 and 2022.
  • The devices segment accounted for the market's largest proportion in 2022, with total revenues of $114.0 million, equivalent to 61.6% of the market's overall value.
  • Growing efforts of the policymakers to encourage agriculture productivity growth in the UK are fuelling the demand for Agtech.

Scope

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

Reasons to Buy

  • What was the size of the United Kingdom agtech market by value in 2022?
  • What will be the size of the United Kingdom agtech market in 2027?
  • What factors are affecting the strength of competition in the United Kingdom agtech market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United Kingdom'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 strategies do leading players follow?
7.3. What are the strengths of the leading players?
7.4. What have been the most significant mergers/acquisitions in recent years?
8 Company Profiles
8.1. Deere & Co
8.2. CNH Industrial NV
8.3. AGCO Corporation
8.4. Vertical Future 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: United Kingdom agtech market value: $ million, 2017-22
Table 2: United Kingdom agtech market category segmentation: % share, by value, 2017-2022
Table 3: United Kingdom agtech market category segmentation: $ million, 2017-2022
Table 4: United Kingdom agtech market geography segmentation: $ million, 2022
Table 5: United Kingdom agtech market value forecast: $ million, 2022-27
Table 6: Deere & Co: key facts
Table 7: Deere & Co: annual financial ratios
Table 8: Deere & Co: key employees
Table 9: CNH Industrial NV: key facts
Table 10: CNH Industrial NV: annual financial ratios
Table 11: CNH Industrial NV: key employees
Table 12: CNH Industrial NV: key employees Continued
Table 13: AGCO Corporation: key facts
Table 14: AGCO Corporation: annual financial ratios
Table 15: AGCO Corporation: key employees
Table 16: AGCO Corporation: key employees Continued
Table 17: Vertical Future Ltd: key facts
Table 18: United Kingdom size of population (million), 2018-22
Table 19: United Kingdom gdp (constant 2005 prices, $ billion), 2018-22
Table 20: United Kingdom gdp (current prices, $ billion), 2018-22
Table 21: United Kingdom inflation, 2018-22
Table 22: United Kingdom consumer price index (absolute), 2018-22
Table 23: United Kingdom exchange rate, 2018-22
List of Figures
Figure 1: United Kingdom agtech market value: $ million, 2017-22
Figure 2: United Kingdom agtech market category segmentation: $ million, 2017-2022
Figure 3: United Kingdom agtech market geography segmentation: % share, by value, 2022
Figure 4: United Kingdom agtech market value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the agtech market in the United Kingdom, 2022
Figure 6: Drivers of buyer power in the agtech market in the United Kingdom, 2022
Figure 7: Drivers of supplier power in the agtech market in the United Kingdom, 2022
Figure 8: Factors influencing the likelihood of new entrants in the agtech market in the United Kingdom, 2022
Figure 9: Factors influencing the threat of substitutes in the agtech market in the United Kingdom, 2022
Figure 10: Drivers of degree of rivalry in the agtech market in the United Kingdom, 2022

Companies Mentioned (Partial List)

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

  • Deere & Co
  • CNH Industrial NV
  • AGCO Corporation
  • Vertical Future Ltd