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 UK Agtech market had total revenues of $185.2 million in 2022, representing a compound annual growth rate (CAGR) of 14.8% between 2017 and 2022.
- The devices segment accounted for the market's largest proportion in 2022, with total revenues of $114.0 million, equivalent to 61.6% of the market's overall value.
- Growing efforts of the policymakers to encourage agriculture productivity growth in the UK are fuelling the demand for Agtech.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in the United Kingdom
- 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 United Kingdom agtech market with five year forecasts
Reasons to Buy
- What was the size of the United Kingdom agtech market by value in 2022?
- What will be the size of the United Kingdom agtech market in 2027?
- What factors are affecting the strength of competition in the United Kingdom agtech market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's agtech market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Deere & Co
- CNH Industrial NV
- AGCO Corporation
- Vertical Future Ltd