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”. As per the “Agtech report,” the total market for Agtech Market was USD 19.5 Bn. in 2023 and is expected to reach USD 41 Bn. by 2030.
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Agtech Market Report Scope and Research Methodology
The report on the Market covers an in-depth analysis of the industry. Key insights of the report include the Agtech Market size and the growth rate. Statistical and analytical tools are then used to analyse the data, identify market trends, estimate market size and growth potential. Additionally, competitive analysis may be conducted to understand the market share, product offerings, and competitive strategies of key market players. Comprehensive research is crucial for providing accurate and dependable insights into the Agtech Market, and guiding decision-makers about the present and future status of the market.
Such an analysis provides valuable information on market penetration, regional dominance and growth strategies adopted by the key players in the market. Swot analysis is used to identify the strength and weaknesses of the market. The bottom-up approach was used to estimate the Agtech Market size
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
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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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