Global Agtech Market Summary, Competitive Analysis and Forecast to 2027
Summary
Global Agtech industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 is rapidly growing as a result of population growth, increased food demand, climate change, and water scarcity issues.
The global Agtech market had total revenues of $ 12,715.6 million in 2022, representing a compound annual growth rate (CAGR) of 17.4% between 2017 and 2022.
The devices segment accounted for the market's largest proportion in 2022, with total revenues of $8,078.7 million, equivalent to 63.5% of the market's overall value.
Asia-Pacific dominated the global Agtech market in 2022 and captured the largest share of 31.7% in 2022.
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
Add weight to presentations and pitches by understanding the future growth prospects of the Global agtech market with five year forecasts
Reasons to Buy
What was the size of the Global agtech market by value in 2022?
What will be the size of the Global agtech market in 2027?
What factors are affecting the strength of competition in the Global agtech market?
How has the market performed over the last five years?
What are the main segments that make up 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 have been the recent developments in the market in recent years?
8 Company Profiles
8.1. The Climate Corp
8.2. AppHarvest Inc
8.3. Farmer's Business Network Inc
8.4. Indoor Urban Farming GmbH
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
About GlobalData
List of Tables
Table 1: Global agtech market value: $ million, 2017–22
Table 2: Global agtech market category segmentation: % share, by value, 2017–2022
Table 3: Global agtech market category segmentation: $ million, 2017-2022
Table 4: Global agtech market geography segmentation: $ million, 2022
Table 5: Global agtech market value forecast: $ million, 2022–27
Table 6: The Climate Corp: key facts
Table 7: AppHarvest Inc: key facts
Table 8: Farmer's Business Network Inc: key facts
Table 9: Farmer's Business Network Inc: key employees
Table 10: Indoor Urban Farming GmbH: key facts
Table 11: Global exchange rate, 2018–22
List of Figures
Figure 1: Global agtech market value: $ million, 2017–22
Figure 2: Global agtech market category segmentation: $ million, 2017-2022
Figure 3: Global agtech market geography segmentation: % share, by value, 2022
Figure 4: Global agtech market value forecast: $ million, 2022–27
Figure 5: Forces driving competition in the global agtech market, 2022
Figure 6: Drivers of buyer power in the global agtech market, 2022
Figure 7: Drivers of supplier power in the global agtech market, 2022
Figure 8: Factors influencing the likelihood of new entrants in the global agtech market, 2022
Figure 9: Factors influencing the threat of substitutes in the global agtech market, 2022
Figure 10: Drivers of degree of rivalry in the global agtech market, 2022