Precision Business Insights has published a report on the global agritech market, estimating its value at USD 25,595 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 16.9% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/agritech-market
The Agritech Market is the industry that integrates technology into agriculture to increase production, efficiency, and sustainability. Precision farming, automation, data analytics, biotechnology, IoT-based smart agriculture, and agricultural robotics are among the advancements covered. The market is driven by the need to optimize food production, reduce resource waste, and improve agricultural practices amid growing global food demand.
Drivers:
- Growing Global Food Demand – Increasing population and food security concerns push the need for advanced agricultural technologies.
- Sustainability and Climate Resilience – Agritech solutions help farmers adapt to climate change by improving soil health, water management, and pest control.
The global agritech market segmentation:
1 By Type: Big Data & Analytics, Biotechnology & Biochemical, Mobility, Sensors & Connected Devices and Others
2) By Application: Production, Irrigation, Supply Chain, place and Others
3) By Sector: Precision Farming, Agriculture, Agrochemicals, Smart Agriculture, Biotechnology, Indoor Farming and Others
Request sample report at https://www.precisionbusinessinsights.com/request-sample/?product_id=774055
Regional Overview:
The report also examines the current concerns and their Future Effects on the agritech market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the agritech market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like WayCool, Mankind Agritech, Ken Agritech, Chifu Agritech Private Limited, ARSR Tech, AeroFarms, Apollo Agriculture, Crofarm Agriproducts Pvt Ltd, Conservis, Indigo Ag Inc., LettUs Grow Ltd., Pivot Bio, AgBiome Inc., Ceres Imaging, AgWorld, Hortau.
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747
Comments
0 comment