AgTech in the United States

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 US AgTech market recorded revenues of $4.71 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 $2.99 billion, equivalent to 63.5% 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 the United States
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in the United States
• 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 States agtech market with five year forecasts by both value and volume

Reasons to Buy

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