AgTech in North America

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 North American AgTech market recorded revenues of $5.62 billion in 2024, representing a compound annual growth rate (CAGR) of 15.2% between 2019 and 2024.
• The devices segment accounted for the market's largest proportion in 2024, with total revenues of $3.55 billion, equivalent to 63.2% of the market's overall value.
• The US dominated the North American AgTech market, commanding the largest share of 83.8% 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 North America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in North America
• 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 North America agtech market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the North America agtech market by value in 2024?
• What will be the size of the North America agtech market in 2029?
• What factors are affecting the strength of competition in the North America agtech market?
• How has the market performed over the last five years?
• Who are the top competitiors in North America's agtech market?