Report Details
Introduction
- Rapid Market Expansion: The Global Agritech (Agricultural Technology) Market was valued at USD 8,150.15 million in 2024 and is projected to surge to USD 40,260.33 million by 2035, reflecting robust growth driven by technology adoption in modern agriculture.
- Strong CAGR and Growth Drivers: With a CAGR of 15.3% from 2025 to 2035, the market growth is fueled by precision farming solutions, smart irrigation systems, and digital farm management platforms enhancing productivity and efficiency.
- Technological Innovation and Sustainability: Rising demand for sustainable farming practices, AI-driven solutions, and IoT-enabled agricultural tools is transforming traditional farming, positioning the agritech sector as a key contributor to global food security and resource optimization.
Porter’s Five Forces Analysis – Global Agritech (Agricultural Technology) Market
- Threat of New Entrants: Moderate to high. Growing adoption of digital farming and IoT solutions attracts startups and tech firms; however, high initial capital investment and technological expertise act as entry barriers.
- Bargaining Power of Suppliers: Moderate. Suppliers of specialized sensors, AI tools, and precision machinery hold moderate influence due to limited high-tech vendors, but competition among suppliers helps reduce dependency.
- Bargaining Power of Buyers: High. Farmers, agribusinesses, and cooperatives increasingly demand cost-effective, customizable solutions, giving buyers significant leverage in pricing and product features.
- Threat of Substitutes: Moderate. Traditional farming methods and conventional agricultural equipment remain alternatives, but the efficiency and sustainability of agritech solutions limit this threat over time.
- Industry Rivalry: High. Rapid technological advancements, entry of global tech firms, and increasing focus on smart farming solutions intensify competition across both developed and emerging markets.
Market Segmentation in Global Agritech (Agricultural Technology) Market
1. By Product Type / Solutions
1.1 Precision Agriculture Systems
1.2 Smart Irrigation & Water Management Solutions
1.3 Organic Fertilizers & Bio-Based Inputs
1.4 Crop Protection Solutions (Eco-Friendly Pesticides & Herbicides)
1.5 Soil Health & Nutrient Management Solutions
1.6 Automated Farm Equipment & Robotics
1.7 Farm Management Software & Data Analytics
1.8 Greenhouse & Controlled Environment Agriculture Systems
1.9 IoT-Enabled Sensors & Monitoring Devices
1.10 Renewable Energy Solutions for Agriculture
2. By Application / End-User
2.1 Crop Farming (Cereals, Vegetables, Fruits)
2.2 Horticulture & Greenhouse Cultivation
2.3 Organic & Sustainable Farming
2.4 Livestock & Aquaculture Integration
2.5 Research & Academic Agricultural Projects
2.6 Urban Agriculture & Vertical Farming
3. By Innovation / Emerging Technologies
3.1 AI & Machine Learning for Crop Monitoring
3.2 IoT-Enabled Smart Farming Solutions
3.3 Precision Agriculture Tools & Drones
3.4 Automated Irrigation & Nutrient Delivery Systems
3.5 Robotics for Planting, Harvesting, and Maintenance
3.6 Smart Soil & Water Management Technologies
3.7 Sustainable Seed and Crop Varieties
4. By Region
4.1 North America
4.1.1 USA
4.1.2 Canada
4.1.3 Mexico
4.2 Europe
4.2.1 Germany
4.2.2 France
4.2.3 UK
4.2.4 Italy
4.2.5 Spain
4.2.6 Rest of Europe
4.3 Asia-Pacific
4.3.1 China
4.3.2 Japan
4.3.3 South Korea
4.3.4 India
4.3.5 Australia
4.3.6 Rest of Asia-Pacific
4.4 Middle East & Africa (MEA)
4.4.1 UAE
4.4.2 Saudi Arabia
4.4.3 South Africa
4.4.4 Rest of MEA
4.5 Latin America
4.5.1 Brazil
4.5.2 Argentina
4.5.3 Rest of Latin America
5. Key Players
5.1 John Deere (Precision Agriculture & Robotics)
5.2 AG Leader Technology
5.3 Trimble Inc.
5.4 Raven Industries
5.5 Netafim Ltd. (Smart Irrigation)
5.6 Bayer Crop Science (Sustainable Crop Solutions)
5.7 Syngenta AG
5.8 Corteva Agriscience
5.9 The Climate Corporation (Farm Management Software)
5.10 AeroFarms (Indoor & Urban Agriculture)
5.11 Plenty Unlimited Inc.
5.12 Bowery Farming
5.13 BrightFarms
5.14 Freight Farms
5.15 Signify (Philips Lighting – Controlled Environment Agriculture)
5.16 Urban Crop Solutions
5.17 Spread Co., Ltd.
5.18 Agrilution GmbH
5.19 iUNU Inc.
5.20 Crop One Holdings
5.21 Others
Table of Contents (TOC)
1. Introduction
1.1 Market Definition
1.2 Market Scope
1.3 Research Objectives
1.4 Key Market Trends
2. Market Overview
2.1 Market Size (2024–2035)
2.2 Market Growth Drivers
2.3 Market Restraints
2.4 Opportunities and Challenges
2.5 Technological Innovations in Agritech
3. Market Segmentation – By Product Type / Solutions
3.1 Precision Agriculture Systems
3.2 Smart Irrigation & Water Management Solutions
3.3 Organic Fertilizers & Bio-Based Inputs
3.4 Crop Protection Solutions (Eco-Friendly Pesticides & Herbicides)
3.5 Soil Health & Nutrient Management Solutions
3.6 Automated Farm Equipment & Robotics
3.7 Farm Management Software & Data Analytics
3.8 Greenhouse & Controlled Environment Agriculture Systems
3.9 IoT-Enabled Sensors & Monitoring Devices
3.10 Renewable Energy Solutions for Agriculture
4. Market Segmentation – By Application / End-User
4.1 Crop Farming (Cereals, Vegetables, Fruits)
4.2 Horticulture & Greenhouse Cultivation
4.3 Organic & Sustainable Farming
4.4 Livestock & Aquaculture Integration
4.5 Research & Academic Agricultural Projects
4.6 Urban Agriculture & Vertical Farming
5. Market Segmentation – By Innovation / Emerging Technologies
5.1 AI & Machine Learning for Crop Monitoring
5.2 IoT-Enabled Smart Farming Solutions
5.3 Precision Agriculture Tools & Drones
5.4 Automated Irrigation & Nutrient Delivery Systems
5.5 Robotics for Planting, Harvesting, and Maintenance
5.6 Smart Soil & Water Management Technologies
5.7 Sustainable Seed and Crop Varieties
6. Market Segmentation – By Region
6.1 North America
6.1.1 USA
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 France
6.2.3 UK
6.2.4 Italy
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 Japan
6.3.3 South Korea
6.3.4 India
6.3.5 Australia
6.3.6 Rest of Asia-Pacific
6.4 Middle East & Africa (MEA)
6.4.1 UAE
6.4.2 Saudi Arabia
6.4.3 South Africa
6.4.4 Rest of MEA
6.5 Latin America
6.5.1 Brazil
6.5.2 Argentina
6.5.3 Rest of Latin America
7. Key Players
7.1 John Deere (Precision Agriculture & Robotics)
7.2 AG Leader Technology
7.3 Trimble Inc.
7.4 Raven Industries
7.5 Netafim Ltd. (Smart Irrigation)
7.6 Bayer Crop Science (Sustainable Crop Solutions)
7.7 Syngenta AG
7.8 Corteva Agriscience
7.9 The Climate Corporation (Farm Management Software)
7.10 AeroFarms (Indoor & Urban Agriculture)
7.11 Plenty Unlimited Inc.
7.12 Bowery Farming
8. Conclusion & Future Outlook
8.1 Market Opportunities
8.2 Future Trends and Innovations
8.3 Strategic Recommendations
Market Segmentation in Global Agritech (Agricultural Technology) Market
1. By Product Type / Solutions
1.1 Precision Agriculture Systems
1.2 Smart Irrigation & Water Management Solutions
1.3 Organic Fertilizers & Bio-Based Inputs
1.4 Crop Protection Solutions (Eco-Friendly Pesticides & Herbicides)
1.5 Soil Health & Nutrient Management Solutions
1.6 Automated Farm Equipment & Robotics
1.7 Farm Management Software & Data Analytics
1.8 Greenhouse & Controlled Environment Agriculture Systems
1.9 IoT-Enabled Sensors & Monitoring Devices
1.10 Renewable Energy Solutions for Agriculture
2. By Application / End-User
2.1 Crop Farming (Cereals, Vegetables, Fruits)
2.2 Horticulture & Greenhouse Cultivation
2.3 Organic & Sustainable Farming
2.4 Livestock & Aquaculture Integration
2.5 Research & Academic Agricultural Projects
2.6 Urban Agriculture & Vertical Farming
3. By Innovation / Emerging Technologies
3.1 AI & Machine Learning for Crop Monitoring
3.2 IoT-Enabled Smart Farming Solutions
3.3 Precision Agriculture Tools & Drones
3.4 Automated Irrigation & Nutrient Delivery Systems
3.5 Robotics for Planting, Harvesting, and Maintenance
3.6 Smart Soil & Water Management Technologies
3.7 Sustainable Seed and Crop Varieties
4. By Region
4.1 North America
4.1.1 USA
4.1.2 Canada
4.1.3 Mexico
4.2 Europe
4.2.1 Germany
4.2.2 France
4.2.3 UK
4.2.4 Italy
4.2.5 Spain
4.2.6 Rest of Europe
4.3 Asia-Pacific
4.3.1 China
4.3.2 Japan
4.3.3 South Korea
4.3.4 India
4.3.5 Australia
4.3.6 Rest of Asia-Pacific
4.4 Middle East & Africa (MEA)
4.4.1 UAE
4.4.2 Saudi Arabia
4.4.3 South Africa
4.4.4 Rest of MEA
4.5 Latin America
4.5.1 Brazil
4.5.2 Argentina
4.5.3 Rest of Latin America
5. Key Players
5.1 John Deere (Precision Agriculture & Robotics)
5.2 AG Leader Technology
5.3 Trimble Inc.
5.4 Raven Industries
5.5 Netafim Ltd. (Smart Irrigation)
5.6 Bayer Crop Science (Sustainable Crop Solutions)
5.7 Syngenta AG
5.8 Corteva Agriscience
5.9 The Climate Corporation (Farm Management Software)
5.10 AeroFarms (Indoor & Urban Agriculture)
5.11 Plenty Unlimited Inc.
5.12 Bowery Farming
5.13 BrightFarms
5.14 Freight Farms
5.15 Signify (Philips Lighting – Controlled Environment Agriculture)
5.16 Urban Crop Solutions
5.17 Spread Co., Ltd.
5.18 Agrilution GmbH
5.19 iUNU Inc.
5.20 Crop One Holdings
5.21 Others
Download Sample Request Form
Make an Inquiry
Ask for Discount
Frequently Asked Questions
What factors are driving the rapid growth of the Global Agritech Market?
The market is fueled by rising adoption of precision farming, AI-powered crop monitoring, smart irrigation, and sustainable agriculture practices, enabling farmers to boost productivity and reduce resource waste.
Which technologies are shaping the future of agricultural technology?
Key innovations include AI & machine learning for crop analysis, IoT-enabled smart farming devices, automated irrigation, drones for precision agriculture, and robotics for planting and harvesting, transforming traditional farming methods.
How is the Global Agritech Market segmented by application and product type?
The market spans precision agriculture systems, smart irrigation solutions, automated farm equipment, farm management software, and sustainable crop inputs, catering to applications such as crop farming, horticulture, livestock integration, urban farming, and research projects.
Which regions are leading in Agritech adoption and why?
North America and Europe lead due to advanced technological infrastructure, while Asia-Pacific is rapidly growing because of government initiatives, rising digital farming adoption, and large-scale agricultural demand. Emerging markets in MEA and Latin America also show significant growth potential.
Who are the key players shaping the Global Agritech Market?
Major companies driving innovation include John Deere, Trimble Inc., Netafim Ltd., Bayer Crop Science, Syngenta AG, Corteva Agriscience, The Climate Corporation, AeroFarms, Plenty Unlimited Inc., and Bowery Farming, focusing on precision farming, smart irrigation, controlled environment agriculture, and digital farm management solutions.