Agtech in Australia
Summary
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.
- 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
- 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?
- 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 GlobalData
- 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
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