The agritech market was valued at US$ 17.4 Bn in 2021 and is projected to reach US$ 41.1 Bn by 2030, at a CAGR of 12.1%. Agritech collaborates with farmers and cooperatives to ensure the highest quality commodities are available for worldwide trade. Agritech is the use of technology and technical innovation to agricultural processes in order to improve their efficiency and production. To put it another way, it is the use of technology to enhance all aspects of the farming and growing operations. Agritech has a wide range of applications, including a variety of agricultural and technological breakthroughs. All of these agritech systems, however, have the same goal: to grow more food in less land and/or with fewer inputs. Agritech also saves farmers time and money by automating operations and replacing most of the labour required in a farming operation – which is usually the most expensive input. Urban farming is the activity of cultivating food for commercial purposes in urban places such as cities, on building rooftops, or underground. There are several types of urban farming, but two of the most common are urban and vertical farming.
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A strong research methodology employed in the winning Agritech Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.
The report provides a comprehensive analysis of company profiles listed below:
Crofarm Agriproducts Pvt Ltd
Indigo Ag, Inc.
LettUs Grow Ltd.
Farmers Business Network
Type Analysis of World Wide Market:
Biotechnology and Biochemical
Big Data and Analytics
Sensors and Connected Devices
Segmentation of global Agritech Market by Application:
Production and Maintenance
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
This Agritech market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
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This research report gives detailed data about the major factors influencing the growth of the Agritech market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.