The Global Market for Agritech 2025-2035

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  • Published: August 2024
  • Pages: 858
  • Tables: 52
  • Figures: 79

 

The global agritech market is poised for substantial growth over the next decade, driven by the pressing need to address worldwide food security and sustainability challenges. As the world's population continues to rise, the demand for increased agricultural productivity and efficiency becomes paramount. Agritech solutions, which leverage advanced technologies like precision farming, smart greenhouses, agricultural robotics, and data analytics, offer the potential to significantly boost crop yields, optimize resource utilization, and reduce environmental impact.

This comprehensive market report provides a detailed analysis of the key trends, drivers, opportunities, and barriers shaping the Agritech landscape from 2025 to 2035.

Report contents include:

  • major macro forces shaping the industry, including the increasing demand for food production, declining availability of arable land and water resources, advancements in digital technologies, government initiatives and regulations, as well as the thriving venture capital and startup ecosystem.
  • size and growth projections of the global agritech market, segmented by technology (e.g., precision farming, smart greenhouses, agricultural robots, drones), application (e.g., crop management, livestock monitoring, supply chain optimization), and region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa).
  • the competitive landscape, featuring profiles of major agritech companies and their product/service offerings, as well as key mergers, acquisitions, and strategic partnerships.
  • high-potential growth areas within the agritech sector, including:
    • Precision Farming and Smart Agriculture: Leveraging advanced sensors, data analytics, and automation to improve crop yields and resource efficiency.
    • Livestock Management and Animal Welfare: Optimizing animal health, behavior, and feed/resource utilization through monitoring and analytics.
    • Supply Chain Optimization: Enhancing traceability, transparency, and reducing food waste and spoilage.
    • Urban and Vertical Farming: Addressing food security in densely populated areas and leveraging indoor farming technologies.
    • Sustainable Aquaculture and Fisheries: Monitoring and optimizing aquatic ecosystems to improve yields and reduce environmental impact.
  • key challenges and barriers to the growth of the agritech market, such as high initial investment costs, lack of digital literacy and infrastructure, regulatory and policy uncertainties, cybersecurity and data privacy concerns, and resistance to change from traditional farming practices.
  • critical role of various technological enablers, including artificial intelligence (AI), automation, robotics, biologicals, genetics, and data/software, in driving innovation and adoption within the agritech sector.
  • key government regulations and policies related to pesticides, fertilizers, and other aspects of agritech, and their impact on the market's development.
  • comprehensive analysis of the competitive landscape, including market share data and in-depth profiles of agritech companies. It highlights the strategies, product/service offerings, and key strengths of the industry's leading players. Company profiles over 730 companies including AeroFarms, AFINGEN¬Æ, AgBiome, AgBoost, Agcurate, Agragene, AgriWebb, Agulus, Anuvia, Aphea.Bio, Arcadia Biosciences, Ascribe Bioscience, Ascus Biosciences, BASF, Bayer, BeeHero, Benson Hill,  Biocentis, Bioceres Crop Solutions, BioConsortia, Biotangents, Breedr, Brightseed, Brotherton Seed Company, Ceradis, CINIS Fertilizer, Corteva, Croptix, Cytophage Technologies, Dahlia Robotics, Enko Chem, Epicrop Technologies, Farmers Edge, FutureFeed, Gardin, Ginkgo Bioworks, Grace Breeding, Growcentia, GrowX, Halter, Hester Biosciences, Holganix, Infarm, Isagro SpA, Iyris , John Deere, Kamterter, Kaiima, Koppert Biological Systems, Kroger, Kula Bio, Marrone Bio Innovations, Mazen Animal Health, Microendo, Microprep Technologies, MoA Technology Ltd, MyForest Foods, N-Drip, NanoSUR, Nitrogenics, NVIDIA, Phospholutions, Phytoform, Pivot Bio, PlantArcBio, Plenty, Pluton Biosciences,  Puregene AG, Reazent, Resurrect Bio Ltd., Rizobater, RNAissance, SaliCrop, Sea Forest, Seipasa, Semios, Sigma AgriScience, Solasta Bio, Takara Bio, Tevel Aerobotics Technologies, TL Biolabs, Tracegrow, TrueAlgae,  Vestaron, Vive Crop Protection, WeedOut, Wyvern, xFarm Technologies, Yield 10 Bioscience and Zymergen. 
  • agritech market across key regions, examining market size, growth trends, and the adoption of various technologies by major players in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

 

 

1             RESEARCH METHODOLOGY              28

 

2             EXECUTIVE SUMMARY            29

  • 2.1        Definition and scope of agritech       29
  • 2.2        Agriculture in the 21st century           30
  • 2.3        The importance of AgriTech  30
    • 2.3.1    Addressing global food security and sustainability              31
  • 2.4        Market trends and drivers for AgriTech          32
    • 2.4.1    Macro forces shaping Agritech           33
    • 2.4.2    Increasing Demand for Food Production     33
    • 2.4.3    Declining Availability of Arable Land and Water Resources            35
    • 2.4.4    Advancements in Digital Technologies         35
      • 2.4.4.1 Internet of Things (IoT)             36
      • 2.4.4.2 Artificial Intelligence (AI) and Machine Learning (ML)         37
      • 2.4.4.3 Big Data and Analytics             37
    • 2.4.5    Government Initiatives and Regulations      38
      • 2.4.5.1 Policies supporting the adoption of agritech             38
      • 2.4.5.2 Sustainability and environmental regulations          39
    • 2.4.6    Venture Capital and Startup Ecosystem      39
      • 2.4.6.1 Funding trends in the agritech sector             40
      • 2.4.6.2 Emergence of innovative agritech startups 41
  • 2.5        Market challenges and barriers to growth   43
    • 2.5.1    Farming challenges   44
    • 2.5.2    High Initial Investment Costs              46
    • 2.5.3    Lack of Digital Literacy and Infrastructure  47
    • 2.5.4    Regulatory and Policy Uncertainties               48
    • 2.5.5    Cybersecurity and Data Privacy Concerns 49
    • 2.5.6    Resistance to Change and Adoption Barriers           50
  • 2.6        Technology enablers 50
    • 2.6.1    The role of Artificial Intelligence (AI)               51
    • 2.6.2    Automation     52
    • 2.6.3    Robotics           53
    • 2.6.4    Biologicals      54
    • 2.6.5    Genetics            55
    • 2.6.6    Data/software               56
  • 2.7        Government regulations         58
    • 2.7.1    Pesticides        58
    • 2.7.2    Fertilisers          60
  • 2.8        Key Growth Opportunities     61
    • 2.8.1    Precision Farming and Smart Agriculture    61
      • 2.8.1.1 Improved crop yields and resource efficiency          61
      • 2.8.1.2 Adoption of advanced sensors and data analytics               62
    • 2.8.2    Livestock Management and Animal Welfare             64
      • 2.8.2.1 Monitoring animal health and behaviour     64
      • 2.8.2.2 Optimizing feed and resource utilization     65
    • 2.8.3    Supply Chain Optimization  67
      • 2.8.3.1 Traceability and transparency            67
      • 2.8.3.2 Reduced food waste and spoilage  68
    • 2.8.4    Urban and Vertical Farming 70
      • 2.8.4.1 Addressing food security in densely populated areas         70
      • 2.8.4.2 Leveraging indoor farming technologies      71
    • 2.8.5    Sustainable Aquaculture and Fisheries        72
      • 2.8.5.1 Monitoring and optimizing aquatic ecosystems     73
      • 2.8.5.2 Improving yields and reducing environmental impact        74
  • 2.9        Global Agritech Market Size, 2023-2035     76
    • 2.9.1    Total     76
    • 2.9.2    By Technology                77
    • 2.9.3    By Application               78
    • 2.9.4    By Region         80

 

3             VERTICAL FARMING  81

  • 3.1        Overview           81
    • 3.1.1    What is a vertical farm?          81
      • 3.1.1.1 Benefits             82
      • 3.1.1.2 Challenges      83
      • 3.1.1.3 Crops  84
    • 3.1.2    Vertical farming costs              85
    • 3.1.3    Vertical farm components    87
  • 3.2        Technologies  89
    • 3.2.1    Aeroponics      89
    • 3.2.2    Hydroponics   91
    • 3.2.3    Aquaponics    93
    • 3.2.4    LEDs and lighting        94
    • 3.2.5    Automation     96
  • 3.3        Funding and investments      98
  • 3.4        Market map    101
  • 3.5        Global market revenues to 2035       103
    • 3.5.1    By technology                103
    • 3.5.2    By region           106
  • 3.6        Market player profiles              108 (106 company profiles)

 

4             CROP BIOTECH            209

  • 4.1        Overview           209
  • 4.2        Technologies  212
    • 4.2.1    Gene modification     212
    • 4.2.2    Gene editing   214
    • 4.2.3    Gene silencing              217
    • 4.2.4    Synthetic biology         220
    • 4.2.5    Selective breeding      222
    • 4.2.6    Seed treatments          224
  • 4.3        Funding and investments      225
  • 4.4        Market map    228
  • 4.5        Global market revenues to 2035       230
    • 4.5.1    By technology                230
    • 4.5.2    By region           233
  • 4.6        Market player profiles              235 (66 company profiles)

 

5             SMART FARMING         299

  • 5.1        Overview           299
  • 5.2        Technologies  301
    • 5.2.1    Use of AI            303
    • 5.2.2    Agribots and autonomous tractors 303
    • 5.2.3    Agribots and autonomous tractors 306
      • 5.2.3.1 Autonomous sensor technologies   308
      • 5.2.3.2 Weed and pest control            310
      • 5.2.3.3 Robotic seeding           314
      • 5.2.3.4 Fully autonomous tractors   315
      • 5.2.3.5 Other autonomous farming machines and robots 318
      • 5.2.3.6 Robotic fruit and vegetable harvesting         322
      • 5.2.3.7 Dairy farming robots 324
    • 5.2.4    Crops monitoring & analytics              325
      • 5.2.4.1 Satellite/aerial imagery           327
      • 5.2.4.2 Proximal sensors         329
      • 5.2.4.3 Software analytics     329
      • 5.2.4.4 AI-based analytics     330
    • 5.2.5    Precision livestock farming, monitoring & analytics             330
      • 5.2.5.1 Smart wearable tags and collars       331
      • 5.2.5.2 Computer vision systems      331
      • 5.2.5.3 Autonomous mobile robots 332
      • 5.2.5.4 Wireless sensor networks     332
    • 5.2.6    Drones and satellites                333
    • 5.2.7    Farmgate-to-fork         336
      • 5.2.7.1 Traceability using blockchain              336
      • 5.2.7.2 Smart logistics              337
      • 5.2.7.3 IoT-enabled warehouses        339
      • 5.2.7.4 Data Platforms              340
  • 5.3        Funding and investments      341
  • 5.4        Market map    346
  • 5.5        Global market revenues to 2035       348
    • 5.5.1    By technology                348
    • 5.5.2    By region           351
  • 5.6        Market player profiles              353 (226 company profiles)

 

6             BIOSTIMULANTS AND BIOPESTICIDES         550

  • 6.1        Overview           550
  • 6.2        Technologies  554
    • 6.2.1    Biostimulants 554
    • 6.2.2    Microbials        556
    • 6.2.3    Biochemicals 560
    • 6.2.4    Semiochemicals         562
    • 6.2.5    Natural biostimulants and pesticides           564
    • 6.2.6    Mineral-based pesticides      567
    • 6.2.7    Plant Incorporated Protectants (PIP)              568
    • 6.2.8    Biotic agents  570
  • 6.3        Funding and investments      571
  • 6.4        Market map    574
  • 6.5        Global market revenues to 2035       575
    • 6.5.1    By technology                576
    • 6.5.2    By region           578
  • 6.6        Market player profiles              580 (86 company profiles)

 

7             NATURAL FERTILIZERS            655

  • 7.1        Overview           655
  • 7.2        Technologies  657
    • 7.2.1    Biofertilizers   657
      • 7.2.1.1 Nitrogen-fixing              657
      • 7.2.1.2 Phosphate       658
      • 7.2.1.3 Plant Growth Promoting Rhizobacteria (PGPR)       660
      • 7.2.1.4 Compost          662
    • 7.2.2    Organic              663
      • 7.2.2.1 Animal-based               663
      • 7.2.2.2 Organic: Plant-based               664
      • 7.2.2.3 Organic: Mineral-based          665
  • 7.3        Funding and investments      666
  • 7.4        Market map    668
  • 7.5        Global market revenues to 2035       670
    • 7.5.1    By technology                670
    • 7.5.2    By region           672
  • 7.6        Market player profiles              674 (39 company profiles)

 

8             LIVESTOCK BIOTECH                711

  • 8.1        Overview           711
  • 8.2        Technologies  713
    • 8.2.1    Genetic Engineering  714
    • 8.2.2    Precision breeding      715
    • 8.2.3    Vaccines and drugs    717
    • 8.2.4    Feed Additives               718
  • 8.3        Funding and investments      720
  • 8.4        Market map    723
  • 8.5        Global market revenues to 2035       724
    • 8.5.1    By technology                724
    • 8.5.2    By region           727
  • 8.6        Market player profiles              729 (59 company profiles)

 

9             OTHER MARKETS         780

  • 9.1        Agrivoltaics     781
    • 9.1.1    Overview           781
    • 9.1.2    Market players               782 (6 company profiles)
  • 9.2        Nanobubbles 788
    • 9.2.1    Overview           788
      • 9.2.1.1 Surface nanobubbles              791
      • 9.2.1.2 Bulk nanobubbles      792
    • 9.2.2    Properties         793
    • 9.2.3    Nanobubble preparation and generation    793
    • 9.2.4    Technology limitations            796
    • 9.2.5    Applications in agriculture    796
    • 9.2.6    Market players               801 (35 company profiles)
  • 9.3        Carbon capture and utilization in Agritech 844
    • 9.3.1    Overview           844
    • 9.3.2    Carbon Capture Technologies for Agriculture          844
      • 9.3.2.1 Direct Air Capture (DAC)        844
      • 9.3.2.2 Point Source Capture               844
    • 9.3.3    CO2 Utilization in Agritech    845
      • 9.3.3.1 Greenhouse CO2 Enrichment             845
      • 9.3.3.2 Algae Cultivation         845
      • 9.3.3.3 Soil Carbon Sequestration    846
    • 9.3.4    Benefits             846
    • 9.3.5    Challenges      846
    • 9.3.6    Market players               848 (20 company profiles)

 

10          REFERENCES 852

 

List of Tables

  • Table 1. Market trends and drivers for AgriTech.      32
  • Table 2. Venture Capital Funding in the Agritech Sector, 2020-2024 (USD Million).        39
  • Table 3. Market challenges for AgriTech.      43
  • Table 4. Global Agritech Market Size, 2023-2035 (USD Billion).   76
  • Table 5.  Main crop categories that can be grown in vertical farming systems.  84
  • Table 6. Comparison of Vertical farming vs other production methods. 84
  • Table 7. Vertical farming costs.          86
  • Table 8. Vertical farm components. 87
  • Table 9. Funding and investments in vertical farming.        98
  • Table 10. Global market revenues for smart farming 2023-2035, by technology, billions USD.               103
  • Table 11. Global market revenues for vertical farming 2023-2035, by region, billions USD.       106
  • Table 12. Comparison of genetic engineering techniques.              210
  • Table 13. Types of selective breeding.           223
  • Table 14. Funding and investments in crop biotech.            225
  • Table 15. Global market revenues for crop biotech 2023-2035, by technology, billions USD.   230
  • Table 16. Global market revenues for crop biotech 2023-2035, by region, billions USD.             233
  • Table 17. Market drivers in smart farming. 299
  • Table 18. Current uses of agricultural robots.          307
  • Table 19. Potential future uses and applications of agricultural robots. 307
  • Table 20. Autonomous sensor technologies in smart farming.     309
  • Table 21. Weed and pest control agribots. 311
  • Table 22. Other autonomous farming machines and robots.         318
  • Table 23. Other autonomous farming machines and robots products.   318
  • Table 24. Advantages and Disadvantages of Robotic Milking.       324
  • Table 25. Key companies in robotic milking.             324
  • Table 26. Market readiness of various technologies in the smart farming crops monitoring and analytics sector. 325
  • Table 27. Key players in crops monitoring and analytics.  326
  • Table 28. Commercially available agricultural drones.      333
  • Table 29. Drones vs. satellites vs. aeroplane.           334
  • Table 30. Commercially available spraying drones.             335
  • Table 31. Funding and investments for smart farming.      341
  • Table 32. Global market revenues for smart farming 2023-2035, by technology, billions USD.               349
  • Table 33. Global market revenues for smart farming 2023-2035, by region, billions USD.          351
  • Table 34. Funding and investments in biostimulants and biopesticides.               571
  • Table 35. Market map for biostimulants and biopesticides.           574
  • Table 36. Global market revenues for biostimulants & biopesticides 2023-2035, by technology, billions USD.    576
  • Table 37. Global market revenues for biostimulants & biopesticides 2023-2035, by region, billions USD.                578
  • Table 38. Market map for natural fertilizers.               666
  • Table 39. Market map for natural fertilizers.               669
  • Table 40. Global market revenues for natural fertilizers 2023-2035, by technology, billions USD.         670
  • Table 41. Global market revenues for natural fertilizers 2023-2035, by region, billions USD.    672
  • Table 42. Funding and investments in livestock biotech.  720
  • Table 43. Market map for livestock biotech.              723
  • Table 44. Global market revenues for livestock biotech 2023-2035, by technology, billions USD.         725
  • Table 45. Global market revenues for livestock biotech 2023-2035, by region, billions USD.    727
  • Table 46. Bubble size ranges and properties.            790
  • Table 47. Properties of Nanobubbles/ultrafine bubbles.   793
  • Table 48. Nanobubble generation techniques.        795
  • Table 49. Summary of markets, benefits and applications of nanobubbles.       797
  • Table 50. Market analysis for nanobubbles in agriculture-applications, key benefits and market megatrends.   800
  • Table 51. Market players in carbon capture for Agritech.  848

 

List of Figures

  • Figure 1. Global Agritech Market Size, 2023-2035 (USD Billion). 77
  • Figure 2. Global Agritech Market Segmentation by Technology, 2023-2035 (USD Billion).         78
  • Figure 3. Global Agritech Market Segmentation by Application, 2023-2035 (USD Billion).        79
  • Figure 4. Global Agritech Market Segmentation by Region, 2023-2035 (USD Billion).   80
  • Figure 5. A vertical farm.        82
  • Figure 6. Heliospectra Dyna 400W. 95
  • Figure 7. Vertical farming market map.         101
  • Figure 8. Global market revenues for vertical farming 2023-2035, by technology area, billions USD. 105
  • Figure 9. Global market revenues for vertical farming 2023-2035, by region, billions USD.        107
  • Figure 10. Smart aeroponics.              109
  • Figure 11. At-home vertical hydroponic system.    162
  • Figure 12. Vivi Modular growth chambers, 206
  • Figure 13. Market map for crop biotech.      228
  • Figure 14. Global market revenues for crop biotech 2023-2035, by technology area, billions USD.     232
  • Figure 15. Global market revenues for crop biotech 2023-2035, by region, billions USD.            234
  • Figure 16. Electric vs non-electric agricultural robots.       310
  • Figure 17. Bug Vacuum by Agrobot. 311
  • Figure 18. Anatis by Carré.    311
  • Figure 19. Avo by ecoRobotix.             311
  • Figure 20. GEN-2 by Ekobot. 312
  • Figure 21. Arbus 4000 JAV by Jacto. 312
  • Figure 22. AX-1 by Kilter.          312
  • Figure 23. Oz by Naïo Technologies.               312
  • Figure 24. Dino by Naïo Technologies.           313
  • Figure 25. Weed Whacker by Odd.Bot.         313
  • Figure 26. Robot One by Pixelfarming Robotics.     313
  • Figure 27. Titan FT-35 by Roush and FarmWise.     313
  • Figure 28. Dick by Small Robot Company.  314
  • Figure 29. Autonomous weeding robots by Vitirover.           314
  • Figure 30. FD20 by FarmDroid.           314
  • Figure 31. Genesis by FarmBot.         315
  • Figure 32. eTrac unmanned electric tractor by Farmertronics.      316
  • Figure 33. EOX-175 by H2Trac.            316
  • Figure 34. Monarch Tractor.  317
  • Figure 35. AgBot by AgXeed. 318
  • Figure 36. Robotti 150D by Agrointelli.          319
  • Figure 37. RoamIO (Korechi).              319
  • Figure 38. Land Care Robot by Directed Machines.             319
  • Figure 39. Ted by Naïo Technologies.              320
  • Figure 40. PothaFacile by Pietro Rivi.             320
  • Figure 41. SwarmBot 5 by SwarmFarm Robotics.  320
  • Figure 42. Dot by Raven Industries. 321
  • Figure 43. Trektor by SITIA.    321
  • Figure 44. Bakus by VitiBot.  322
  • Figure 45. FFRobot apple harvester 323
  • Figure 46. Harvester B7           324
  • Figure 47. CropHopper by HayBeeSee.         333
  • Figure 48. Market map for smart farming.   347
  • Figure 49. Global market revenues for smart farming 2023-2035, by technology area, billions USD.  350
  • Figure 50. Global market revenues for smart farming 2023-2035, by region, billions USD.        352
  • Figure 51. Global market revenues for biostimulants & biopesticides 2023-2035, by technology area, billions USD.   577
  • Figure 52. Global market revenues for biostimulants & biopesticides 2023-2035, by region, billions USD.                579
  • Figure 53. Global market revenues for natural fertilizers 2023-2035, by technology area, billions USD.                671
  • Figure 54. Global market revenues for natural fertilizers 2023-2035, by region, billions USD.  673
  • Figure 55. Global market revenues for livestock biotech 2023-2035, by technology area, billions USD.                726
  • Figure 56. Global market revenues for livestock biotech 2023-2035, by region, billions USD.  728
  • Figure 57. Application of nanobubbles in the environmental market.      789
  • Figure 58. Bubble scales.      790
  • Figure 59. Nanobubble scale.             790
  • Figure 60. Nanobubble Brownian motion.  791
  • Figure 61. AFM image of nanobubbles on HOPG.  792
  • Figure 62. Schematic of nanobubble generator.     795
  • Figure 63. Schematic of nanobubble generator tube.         803
  • Figure 64. Pro-Vida nanobubble generator. 806
  • Figure 65. Pro-Vida demo model installation.          807
  • Figure 66. Schematic of Nano Bubble Generator deployment.     808
  • Figure 67. Fawoo Nanobubble Generator FNBG-600.         815
  • Figure 68. GTC nanoclusters.              816
  • Figure 69. Nanobubble Generator schematic.         817
  • Figure 70. Kran technology nanobubble unit.           821
  • Figure 71. Buvitas Ultra Fine Bubbles Generator.   823
  • Figure 72. Moleaer™ XTB Nanobubble Generator.  825
  • Figure 73. Foamest column series. 828
  • Figure 74. Nanobubble generator attached to equipment for use in agriculture.              829
  • Figure 75. GROW NX 10 nanobubble technology.  830
  • Figure 76. Shearforce schematic.     836
  • Figure 77. Nanobubble generator.    836
  • Figure 78. Aquatransfer operational schematic.     840
  • Figure 79. FABI-10 nanobubble generator.  842

 

 

 

 

        

The Global Market for Agritech 2025-2035
The Global Market for Agritech 2025-2035
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