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Agtech in Australia

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    Report

  • 41 Pages
  • August 2024
  • Region: Australia
  • GlobalData
  • ID: 6025326
Agtech in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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 Australian agtech market had total revenues of $190.7 million in 2023, representing a compound annual growth rate (CAGR) of 14.9% between 2018 and 2023.
  • The devices segment accounted for the market's largest proportion in 2023, with total revenues of $114.5 million, equivalent to 60% of the market's overall value.
  • Australia accounted for a 4.1% market share of the Asia-Pacific Agtech market in 2023.

Scope

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

Reasons to Buy

  • What was the size of the Australia agtech market by value in 2023?
  • What will be the size of the Australia agtech market in 2028?
  • What factors are affecting the strength of competition in the Australia agtech market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Australia'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 strengths of leading players?
7.3. What are the recent trends in the market?
7.4. 26
8 Company Profiles
8.1. Netafim Ltd
8.2. Regrow Agriculture Inc
8.3. Origin Agritech Limited
8.4. Syngenta Group Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. About the Analyst
List of Tables
Table 1: Australia agtech market value: $ million, 2018-23
Table 2: Australia agtech market category segmentation: % share, by value, 2018-2023
Table 3: Australia agtech market category segmentation: $ million, 2018-2023
Table 4: Australia agtech market geography segmentation: $ million, 2023
Table 5: Australia agtech market value forecast: $ million, 2023-28
Table 6: Netafim Ltd: key facts
Table 7: Netafim Ltd: key employees
Table 8: Regrow Agriculture Inc: key facts
Table 9: Regrow Agriculture Inc: key employees
Table 10: Origin Agritech Limited: key facts
Table 11: Origin Agritech Limited: annual financial ratios
Table 12: Origin Agritech Limited: key employees
Table 13: Syngenta Group Co Ltd: key facts
Table 14: Syngenta Group Co Ltd: key employees
Table 15: Australia size of population (million), 2019-23
Table 16: Australia real gdp (constant 2010 prices, $ billion), 2019-23
Table 17: Australia gdp (current prices, $ billion), 2019-23
Table 18: Australia inflation, 2019-23
Table 19: Australia consumer price index (absolute), 2019-23
Table 20: Australia exchange rate, 2018-23
List of Figures
Figure 1: Australia agtech market value: $ million, 2018-23
Figure 2: Australia agtech market category segmentation: $ million, 2018-2023
Figure 3: Australia agtech market geography segmentation: % share, by value, 2023
Figure 4: Australia agtech market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the agtech market in Australia, 2023
Figure 6: Drivers of buyer power in the agtech market in Australia, 2023
Figure 7: Drivers of supplier power in the agtech market in Australia, 2023
Figure 8: Factors influencing the likelihood of new entrants in the agtech market in Australia, 2023
Figure 9: Factors influencing the threat of substitutes in the agtech market in Australia, 2023
Figure 10: Drivers of degree of rivalry in the agtech market in Australia, 2023

Companies Mentioned (Partial List)

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

  • Netafim Ltd
  • Regrow Agriculture Inc
  • Origin Agritech Limited
  • Syngenta Group Co Ltd