by
According to the Foreclaro Global Research, the
Global
Agritech Market size was valued at USD 28,131.8
million in 2024. The report “Global Agritech
Market Segmentation By Component (Hardware, Software, Services), By
Technology (Precision Agriculture & Farm Management, Agricultural
Biotechnology, Connected Agritech (IoT & Sensors), AI & Data Analytics,
Controlled Environment Agriculture (CEA) & Indoor Farming, Agri-marketplace
& Supply Chain Tech, Novel Farming Systems), By Application (Pre-Production
Planning {Farm Labor Management, Equipment Management & Sharing, Land &
Financial Management}, Production Management {Crop Health & Growth
Monitoring, Irrigation Management, Feeding & Nutrition Management}, Post-Production
Management {Supply Chain & Logistics, Quality Assessment & Grading, Waste
Management & Valorization}), By End-User (Farmers, Large-scale Commercial
Farmers, Smallholder Farmers, Cooperatives & Farmer Producer Organizations
(FPOs), Agribusinesses & Input Manufacturers, Food Processing Companies
& Retailers)- Industry
Trends and Forecast to 2033” gives a detailed insight into current market dynamics and provides
analysis on future market growth.
The global Agritech market is transforming
agriculture by integrating advanced technologies such as artificial
intelligence, data analytics, IoT-enabled sensors, drones, robotics, and
biotechnology to improve productivity, sustainability, and profitability.
Rising food demand due to population growth, shrinking arable land, and climate
challenges is driving farmers and agribusinesses to adopt smarter solutions for
crop monitoring, precision farming, livestock management, supply chain
traceability, and indoor farming. Agritech innovations are enabling data-driven
decision-making, reducing input costs, improving yield quality, and optimizing
resource use such as water, pesticides, and fertilizers. Additionally,
increasing investments from governments, venture capitalists, and agribusiness
corporations are accelerating innovation in vertical farming, digital
marketplaces, farm automation, and bioengineered seeds. With the shift toward
sustainable agriculture and carbon-efficient food systems, Agritech is emerging
as a key enabler of resilient global food security and next-generation farming
ecosystems.
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Global Agritech
Market Report Highlights
· The
Agritech market is witnessing rapid expansion driven by digital transformation
in agriculture, increasing automation, and rising adoption of precision farming
tools worldwide.
· AI,
IoT sensors, drones, robotics, blockchain-based traceability, and
agri-biotechnology are becoming core technologies for crop optimization, supply
chain transparency, and resource-efficient farming.
· Growing
global food demand, climate variability, shrinking arable land, and the need
for sustainable, high-yield, low-cost farming practices are accelerating market
growth.
· The
market is broadly segmented into hardware (sensors, drones, robots), software
(farm management platforms), and services (analytics, advisory), with strong
growth in biotech and indoor farming technologies.
· North
America leads in investment and adoption of precision farming, while
Asia-Pacific shows strong growth driven by large farming populations and
government support for digitization.
· Increasing
venture funding and acquisitions as seen with Oishii-Tortuga AgTech and
AGCO-FarmFacts highlight strong industry consolidation to expand automation,
digital farming solutions, and smart farm management capabilities.
Foreclaro
Global Research has segmented the Agritech Market report-based Component,
Technology, Application, End Users, and region:
Agritech
Market, Components Outlook (Revenue - USD Million, 2020 - 2033)
Hardware
Software
Services
Agritech
Market, Technology Outlook (Revenue - USD Million, 2020 - 2033)
Precision
Agriculture & Farm Management
Agricultural
Biotechnology
Connected
Agritech (IoT & Sensors)
AI &
Data Analytics
Controlled
Environment Agriculture (CEA) & Indoor Farming
Agri-marketplace
& Supply Chain Tech
Novel
Farming Systems
Agritech
Market, Application Outlook (Revenue - USD Million, 2020 - 2033)
Pre-Production
Planning
·
Farm
Labor Management
·
Equipment
Management & Sharing
·
Land
& Financial Management
Production
Management
·
Crop
Health & Growth Monitoring
·
Irrigation
Management
·
Feeding
& Nutrition Management
Post-Production
Management
·
Supply
Chain & Logistics
·
Quality
Assessment & Grading
·
Waste
Management & Valorization
Agritech
Market, End User Outlook (Revenue - USD Million, 2020 - 2033)
Farmers
Large-scale
Commercial Farmers
Smallholder
Farmers
Cooperatives
& Farmer Producer Organizations (FPOs)
Agribusinesses
& Input Manufacturers
Food
Processing Companies & Retailers
Agritech
Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Agritech Market Key Players
·
Deere & Company
·
Harvest Automation
·
AGCO Corporation
·
Naio Technologies
·
CNH Industrials
·
AG Eagle LLC
·
IBM Corporation
·
Corteva Agriscience
·
Datacor, Inc.
·
BESTMIX Software
·
AgriSyst
·
Alltech Inc.
