The Global Agritech Market Size was estimated at US$ 19,542.7 million in the year 2021 and is projected to reach US$ 46,372.5 million by 2030, at a CAGR of 17.3%.
Agritech Market encompasses advanced technologies used in various agricultural applications to boost yield and profitability. It minimizes human errors and hazards associated with traditional methods, making it increasingly popular.
This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Agritech market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;
ARSR Tech AeroFarms Apollo Agriculture Crofarm Agriproducts Pvt Ltd Conservis Indigo Ag, Inc. LettUs Grow Ltd. Pivot Bio AgBiome, Inc. Ceres Imaging AgWorld Hortau Harvest Automation Farmers Business Network amongst others
Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions
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Market Segmentation:
By Type Biotechnology and Biochemical Big Data and Analytics Sensors and Connected Devices Mobility Others
By Application Irrigation Production and Maintenance Supply Chain Marketplace Others
Covered in this Report:
1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Industry Developments:
Arpil 2020- AeroFarms will focus on cutting-edge research and development (R&D) and commercialization of essential local crops using its knowledge and unique indoor vertical farming technology, which uses up to 95% less water and no pesticides than conventional field farming.
Regional Analysis for Agritech Market:
✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Frequently asked questions:
➥ What is the market size of the Agritech market?
➥ What is the market growth rate of the Agritech market?
➥ What are the Agritech market opportunities and threats faced by the vendors in the global Agritech Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Agritech market?
➥ What are the different sales, marketing, and distribution channels in the global industry?
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