Middle East and Africa (MEA) Agtech Market Summary, Competitive Analysis and Forecast to 2027
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Agtech in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 to improve the efficiency, productivity, and sustainability of food production. The global AgTech market is rapidly growing as a result of population growth, increased food demand, climate change, and water scarcity issues.
– The Middle East & African Agtech market had total revenues of $120.9 million in 2022, representing a compound annual growth rate (CAGR) of 10.6% between 2017 and 2022.
– The devices segment accounted for the market's largest proportion in 2022, with total revenues of $77.3 million, equivalent to 63.9% of the market's overall value.
– Israel dominated the Middle East & African Agtech market in 2022 and captured a massive share of 63.5%.
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in Middle East & Africa
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in Middle East & Africa
– 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 Middle East & Africa agtech market with five year forecasts
Reasons to Buy
– What was the size of the Middle East & Africa agtech market by value in 2022?
– What will be the size of the Middle East & Africa agtech market in 2027?
– What factors are affecting the strength of competition in the Middle East & Africa agtech market?
– How has the market performed over the last five years?
– What are the main segments that make up Middle East & Africa's agtech market?
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