Global Agtech industry profile provides top-line qualitative and quantitative summary information including: market share, 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 global Agtech market recorded revenues of $15,694.1 million in 2023, representing a compound annual growth rate (CAGR) of 18.9% between 2018 and 2023.
The devices segment accounted for the market's largest proportion in 2023, with total revenues of $9,951.5 million, equivalent to 63.4% of the market's overall value.
The increased connectivity and technological advancements have significantly fueled the market growth.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in the global
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global agtech market
Leading company profiles reveal details of key agtech market players’ global operations and financial performance
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Reasons to Buy
What was the size of the Global agtech market by value in 2023?
What will be the size of the Global agtech market in 2028?
What factors are affecting the strength of competition in the Global agtech market?
How has the market performed over the last five years?
Who are the top competitors in the global'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 the leading players?
7.3. What are the strategies of the leading players?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Cargill, Incorporated
8.2. Corteva Inc
8.3. Archer Daniels Midland Co
8.4. Deere & Co
8.5. Bayer AG
8.6. Nutrien Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: Global agtech market value: $ million, 2018-23
Table 2: Global agtech market category segmentation: % share, by value, 2018-2023
Table 3: Global agtech market category segmentation: $ million, 2018-2023
Table 4: Global agtech market geography segmentation: $ million, 2023
Table 5: Global agtech market value forecast: $ million, 2023-28