Asia-Pacifc Agtech Market Summary, Competitive Analysis and Forecast to 2029
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AgTech in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). 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 at improving the efficiency, productivity, and sustainability of food production. The global agricultural technology market is growing due to population growth, increased food demand, climate change, and water scarcity issues.
– The Asia-Pacific AgTech market recorded revenues of $5,354.5 million in 2024, representing a compound annual growth rate (CAGR) of 16.6% between 2019 and 2024.
– The devices segment accounted for the market's largest proportion in 2024, with total revenues of $3,396.8 million, equivalent to 63.4% of the market's overall value.
– China dominated the Asia-Pacific AgTech market, commanding the largest share of 38.5% in 2024.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in Asia-Pacific
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in Asia-Pacific
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 Asia-Pacific agtech market with five year forecasts
Reasons to Buy
What was the size of the Asia-Pacific agtech market by value in 2024?
What will be the size of the Asia-Pacific agtech market in 2029?
What factors are affecting the strength of competition in the Asia-Pacific agtech market?
How has the market performed over the last five years?
Who are the top competitiors in Asia-Pacific's agtech market?
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