Global Agriculture Market is valued at USD 12.6 trillion in 2025. Further, the market is expected to grow at a CAGR of 8.8% to reach USD 26.8 trillion by 2034.
The agriculture market is a cornerstone of the global economy, responsible for producing the food, raw materials, and biofuels that sustain and drive industrial economies. As the world population continues to grow, the demand for agricultural products is increasing, putting pressure on farmers to maximize crop yields, improve farming efficiency, and adopt sustainable practices.
Technological advancements, such as precision agriculture, genetically modified crops, and automated machinery, are transforming how farming is done. The agriculture market is also being shaped by rising concerns over climate change, water scarcity, and food security, prompting the need for innovations that ensure both environmental sustainability and food supply chain stability.
In 2024, the agriculture market is seeing an increased integration of technology in farming operations. The adoption of drones, IoT devices, AI, and machine learning for data-driven decision-making is enabling farmers to monitor crop health, soil conditions, and weather patterns more effectively. The push toward sustainable agriculture continues to grow, with farmers focusing on practices such as organic farming, water conservation, and reduced chemical use. Governments around the world are supporting these efforts with subsidies and regulations that promote environmental sustainability and food safety. Moreover, the market is seeing a rise in vertical farming and controlled-environment agriculture (CEA), especially in urban areas, as a response to land constraints and food security concerns.
Looking to 2025 and beyond, the agriculture market is expected to continue its shift toward more sustainable and technology-driven practices. The adoption of automation and robotics in farming will increase, making labor-intensive processes like planting, harvesting, and sorting more efficient. Advanced breeding techniques, including gene editing, will further enhance crop yields and resilience to environmental stressors. The expansion of precision agriculture will be driven by the growing need for resource optimization, especially water and nutrients. As the demand for food increases and the pressures on agricultural systems intensify, the agriculture market will continue to innovate and evolve, focusing on sustainability, efficiency, and food security.
However, to precisely match the specific research requirements of individual clients, we offer several customization options to include the data and analysis of interest in the final deliverable.
The agriculture market is a cornerstone of the global economy, responsible for producing the food, raw materials, and biofuels that sustain and drive industrial economies. As the world population continues to grow, the demand for agricultural products is increasing, putting pressure on farmers to maximize crop yields, improve farming efficiency, and adopt sustainable practices.
Technological advancements, such as precision agriculture, genetically modified crops, and automated machinery, are transforming how farming is done. The agriculture market is also being shaped by rising concerns over climate change, water scarcity, and food security, prompting the need for innovations that ensure both environmental sustainability and food supply chain stability.
In 2024, the agriculture market is seeing an increased integration of technology in farming operations. The adoption of drones, IoT devices, AI, and machine learning for data-driven decision-making is enabling farmers to monitor crop health, soil conditions, and weather patterns more effectively. The push toward sustainable agriculture continues to grow, with farmers focusing on practices such as organic farming, water conservation, and reduced chemical use. Governments around the world are supporting these efforts with subsidies and regulations that promote environmental sustainability and food safety. Moreover, the market is seeing a rise in vertical farming and controlled-environment agriculture (CEA), especially in urban areas, as a response to land constraints and food security concerns.
Looking to 2025 and beyond, the agriculture market is expected to continue its shift toward more sustainable and technology-driven practices. The adoption of automation and robotics in farming will increase, making labor-intensive processes like planting, harvesting, and sorting more efficient. Advanced breeding techniques, including gene editing, will further enhance crop yields and resilience to environmental stressors. The expansion of precision agriculture will be driven by the growing need for resource optimization, especially water and nutrients. As the demand for food increases and the pressures on agricultural systems intensify, the agriculture market will continue to innovate and evolve, focusing on sustainability, efficiency, and food security.
Key Market Trends
Growth of Precision Agriculture:
Technologies like IoT, AI, and big data are improving crop management and resource efficiency.Increased Adoption of Sustainable Farming Practices:
Organic farming, crop rotation, and water-saving techniques are gaining traction to address environmental concerns.Rise of Urban and Vertical Farming:
Urban farming solutions like vertical farming and hydroponics are growing in response to land shortages and food security challenges.Technological Advancements in Crop Breeding:
Gene editing and other breeding innovations are improving crop resilience and productivity.Focus on Climate Resilience:
Farmers are adopting practices and technologies to mitigate the impact of climate change on crop yields.Key Market Drivers
Increasing Global Population:
Growing food demand is pushing agricultural markets toward higher efficiency and productivity.Technological Innovation in Farming:
The adoption of automation, AI, and precision agriculture is optimizing farm operations and output.Government Support for Sustainable Practices:
Policies that promote sustainability and food security are encouraging innovation and investment in the agriculture sector.Environmental and Resource Management:
As environmental concerns rise, efficient use of resources like water and soil is becoming a key driver for change in agriculture.Key Market Challenge
Climate Change and Environmental Factors:
Changing weather patterns, droughts, and unpredictable environmental conditions are increasingly challenging traditional farming practices.Market Segmentation
By Type
- Animal Produce
- Crop Production
- Rural Activities
By Nature
- Organic
- Conventional
By Distribution Channel
- Supermarkets Or Hypermarkets
- Convenience Stores
- E-Commerce
- Other Distribution Channels
By Geography
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
What You Receive
- Global Agriculture market size and growth projections (CAGR), 2024- 2034
- Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of Agriculture.
- Agriculture market size, share, and outlook across 5 regions and 27 countries, 2025- 2034.
- Agriculture market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034.
- Short and long-term Agriculture market trends, drivers, restraints, and opportunities.
- Porter’s Five Forces analysis, Technological developments in the Agriculture market, Agriculture supply chain analysis.
- Agriculture trade analysis, Agriculture market price analysis, Agriculture Value Chain Analysis.
- Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products.
- Latest Agriculture market news and developments.
Who can benefit from this research
The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways- The report provides 2024 Agriculture market sales data at the global, regional, and key country levels with a detailed outlook to 2034, allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy.
- The research includes the Agriculture market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment
- The Agriculture market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks
- This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
- The study assists investors in analyzing Agriculture business prospects by region, key countries, and top companies' information to channel their investments.
Available Customizations
The standard syndicate report is designed to serve the common interests of Agriculture Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication.However, to precisely match the specific research requirements of individual clients, we offer several customization options to include the data and analysis of interest in the final deliverable.
Some of the customization requests are as mentioned below
- Segmentation of choice - Our clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice.
- Agriculture Pricing and Margins Across the Supply Chain, Agriculture Price Analysis / International Trade Data / Import-Export Analysis
- Supply Chain Analysis, Supply-Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Agriculture market analytics
- Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations
- Further, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.
- Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.
- Customization of up to 10% of the content can be done without any additional charges.
Table of Contents
1. List of Figures and Tables10. Agriculture Market Industry Recent Developments
2. Agriculture Market Latest Trends, Drivers and Challenges, 2024-2034
3. Global Agriculture Market Value, Market Share, and outlook to 2034
4. Asia Pacific Agriculture Market Value, Market Share and Forecast to 2034
5. Europe Agriculture Market Value, Market Share, and Forecast to 2034
6. North America Agriculture Market Value, Market Share, and Forecast to 2034
7. South and Central America Agriculture Market Value, Market Share, and Forecast to 2034
8. Middle East Africa Agriculture Market Value, Market Share and Forecast to 2034
9. Agriculture Market Players Analysis
11 Appendix
Companies Mentioned
- Cargill Incorporated
- Archer Daniels Midland Co.
- BASF SE
- Wilmar International Ltd.
- Dow Inc.
- Olam International
- Bayer AG
- Tyson Foods
- Deere & Company
- Nutrien Ltd.
- WH Group Limited
- Yara International ASA
- CNH Industrial NV
- Kubota Corporation
- Syngenta AG
- The Mosaic Company
- Corteva Inc.
- The Andersons Inc.
- Charoen Pokphand Foods PCL
- Land O'Lakes Inc.
- Mahindra & Mahindra Ltd.
- AGCO Corporation
- Wens Foodstuff Group Co. Ltd.
- FMC Corporation
- The Toro Company
- Valmont Industries Inc.
- The Scotts Miracle-Gro Company
- Flour Mills of Nigeria
- Dairy Farmers of America
- Bunge Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | May 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value in 2025 | 12.6 trillion |
Forecasted Market Value by 2034 | 26.8 trillion |
Compound Annual Growth Rate | 8.8% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |