United States (US) 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 US Agtech market had total revenues of $3,532.9 million in 2022, representing a compound annual growth rate (CAGR) of 14.6% between 2017 and 2022.
• The devices segment accounted for the market's largest proportion in 2022, with total revenues of $2,251.6 million, equivalent to 63.7% of the market's overall value.
• The US is one of the largest markets in the global Agtech market, capturing a share of 27.8% in 2022.

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 States
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in the United States
• 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 States agtech market with five year forecasts

Reasons to Buy

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