The Agtech Market size was valued at USD 19.5 Bn. in 2023 and the total Global Agtech revenue is expected to grow at a CAGR of 11.2 % from 2024 to 2030, reaching nearly USD 41 Bn. by 2030.
Agtech Market Overview
Stellar Market Research, an Agtech business research firm has published a report on the “Agtech Market”. . The report provides detailed information about the target market, including future revenue projections, demands, key drivers, restraints, opportunities, and threats regional analysis. The research provides in depth analysis of business strategic approaches used by leading organizations which includes partnerships, mergers, acquisitions, and collaborative initiatives. For the competitive analysis of the Agtech Market, a competitive matrix is made covering market leaders and new entrants.
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Agtech Market Report Scope and Research Methodology
The reports forecast future trends and opportunities using statistical models, considering advancements in technology and regulatory influences. This approach aims to provide a comprehensive dynamics and growth prospects. This analysis takes into account factors such as regulatory frameworks, government initiatives, and market maturity in different geographical regions.
Factors driving market growth, challenges, and opportunities, such as cost reductions, government incentives, environmental concerns, and technological advancements, are analysed. Additionally, the report examines the competitive landscape, investment trends, and regulatory frameworks impacting the industry.
Agtech Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Agtech market status in various countries. The Agtech market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Agtech Market Segmentation
By Application, Precision agriculture dominates a substantial and growing portion of the Agtech market, holding 40% of the global market share in 2023. Its impact is profound, optimizing resource allocation such as water and fertilizer to bolster productivity and curtail waste. Through data-driven insights into crop health, soil conditions, and field variability, precision agriculture enhances decision-making processes. It enables the precise application of inputs, minimizing environmental footprint while maximizing efficiency. Examples of precision agriculture technologies include GPS-guided tractors, which ensure precise navigation and operation in the field, enhancing accuracy and reducing overlap.
Precision Agriculture
Smart Farming
Agribusiness Software
Indoor Farming and Vertical Agriculture
Biotechnology and Genetic Engineering
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Agtech Market Key Players
Cargill (US)
ADM (US)
Bayer (Germany)
AgroStar (India)
Topcon Agriculture (US)
DeLaval (UK)
Trimble (US)
Apollo Agriculture (Kenya)
Benson Hill (US)
Bowery Farming (US)
Ceres Imaging (US)
Conservis (US)
CropX (US)
Gro Intelligence (US)
Impossible Foods (US)
Indigo AG (US)
LettUs Grow (UK)
Ninjacart (India)
Pivot Bio (US)
Plenty Inc (US)
AGCO Corporation (US)
InnovaSea (US)
Semiosbio (Canada)
Afimilk (Israel)
Aker (US)
XX
Key questions answered in the Agtech Market are:
- What is Agtech ?
- What was the Agtech market size in 2023?
- What is the growth rate of the Agtech Market?
- Which are the factors expected to drive the Agtech market growth?
- What are the different segments of the Agtech Market?
- What growth strategies are the players considering to increase their presence in Agtech ?
- What are the upcoming industry applications and trends for the Agtech Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Agtech Market?
- What segments are covered in the Agtech Market?
- Who are the leading companies and what are their portfolios in Agtech Market?
- What segments are covered in the Agtech Market?
- Who are the key players in the Agtech market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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