Agtech Market Report 2026

The AgTech market size has grown rapidly in recent years. It will grow from $26.02 billion in 2025 to $30.15 billion in 2026 at a compound annual growth rate (CAGR) of 15.9%. The growth in the historic period can be attributed to increasing adoption of precision agriculture, growing need for higher crop productivity, rising usage of farm management software, expansion of greenhouse and controlled environment farming, increasing integration of internet of things (IoT) devices.

The AgTech market size is expected to see rapid growth in the next few years. It will grow to $53.83 billion in 2030 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to increasing shift toward autonomous farming systems, growing adoption of artificial intelligence and machine learning tools, rising penetration of robotics in field operations, expansion of data-driven decision platforms, increasing use of biotechnology solutions in crop improvement. Major trends in the forecast period include technology advancements in autonomous robots, innovations in satellite imaging and remote sensing, developments in smart greenhouse automation, research and development in biological inputs, advancements in machine learning-based yield prediction.

The growing emphasis on enhancing crop yield and quality is expected to drive the expansion of the agricultural technology (agtech) sector in the coming years. Enhancing crop yield and quality involves the use of advanced agricultural technologies, data-driven tools, and precision farming techniques that enable farmers to optimize resource utilization, improve plant health, and boost overall farm productivity. This increased focus on crop yield and quality arises from the mounting need to feed a growing global population with limited arable land and increasingly erratic climate conditions. Agricultural technology supports the improvement of crop yield and quality by offering integrated digital platforms and innovative equipment that facilitate real-time decision-making, promote sustainable farming, and enhance efficiency across agricultural operations. For example, in December 2025, according to the Department for Environment, Food & Rural Affairs, a UK-based government agency, oilseed rape production rose by 7% to 893 thousand tonnes in 2025. Thus, the rising focus on improving crop yield and quality is contributing to the growth of the agricultural technology (agtech) sector.

Major companies in the agtech sector are concentrating on advancing processes such as climate‑adaptive crop development to tackle critical issues related to global food security, environmental challenges, and sustainable yield enhancement. Climate‑adaptive crop development involves the use of sophisticated biological and data-driven techniques to produce crop varieties capable of enduring drought, heat, and other climate-related stresses while sustaining productivity and resilience. For example, in May 2025, Vlaams Instituut voor Biotechnologie, a Belgium-based entrepreneurial non-profit life sciences research institute, introduced Rainbow Crops, a next-generation AgTech spin-off dedicated to high-value, climate‑adaptive crop development. The company’s integrated Trait Foundry platform combines continuously updated artificial intelligence models with multiplex genome editing, precision breeding, and automated phenotyping to improve multiple agronomic traits simultaneously. This strategy allows the creation of crops optimized for drought tolerance, heat resilience, and input efficiency, characteristics that have traditionally been challenging to enhance through conventional breeding methods.

In September 2025, Kubota North America Corporation, a US-based subsidiary of Kubota Corporation, completed the acquisition of Bloomfield Robotics Inc. for an undisclosed sum. Through this acquisition, Kubota seeks to enhance its AgTech capabilities by incorporating image analysis and AI technologies to optimize specialty crop harvest timing and improve yield prediction services. Bloomfield Robotics Inc. is a US-based AgTech startup focused on AI-driven image analysis and data analytics for specialty crop management.

Major companies operating in the agtech market are Cargill Incorporated, Archer-Daniels-Midland Company, BASF SE, Marubeni Corporation, Deere & Company, Bayer AG, Olam Group Limited, Trimble Inc., Nutrien Ltd., AgroStar Agritech Pvt. Ltd., Topcon Corporation, Confluence Genetics, Bowery Farming Inc., Indigo Agriculture Inc., Koltiva AG, Semios Group, Ceres Imaging Inc, CropX Ltd., Syngenta Group AG, AGRIInject Inc., Traction Ag Inc., LettUs Grow Ltd.

North America was the largest region in the AgTech market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agtech market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the agtech market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the agtech market by increasing costs of imported sensors, drones, automated machinery, semiconductors, and electronic control systems used across hardware and software platforms. farms and agribusinesses in north america and europe are most affected due to dependence on imported precision components, while asia-pacific faces higher costs for technology exports. these tariffs are raising adoption costs and slowing deployment for smaller farms. however, they are also supporting domestic technology development, regional manufacturing, and localized agtech innovation ecosystems.

AgTech involves the use of cutting-edge technologies, digital platforms, and innovative methods to boost agricultural efficiency, sustainability, and resource management. It incorporates data-centric approaches, automation, and smart machinery to optimize farming operations from planting to harvesting. This approach supports increased crop yields, minimizes ecological footprint, and fosters more robust food production systems.

The major components of agtech include hardware, software, and services. Hardware represents the physical tools and equipment used to collect data, automate operations, and support technology-enabled farming practices. Technologies include precision agriculture, biotechnology, automation and robotics, and farm management software. Farm sizes include small-scale, medium-scale, and large-scale. Applications include crop management, soil management, livestock management, and greenhouse management, with end users including farms, agricultural cooperatives, and research institutions.

The agtech market consists of revenues earned by entities by providing services such as precision farming consulting, data analytics services, remote monitoring services, farm management software support, integration, and implementation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The agtech market also includes sales of drones, soil sensors, smart irrigation systems, automated tractors, and greenhouse control devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.