Agritech Market Report 2026

Agritech Market Overview

• Agritech market size has reached to $34.58 billion in 2025 • Expected to grow to $58.79 billion in 2030 at a compound annual growth rate (CAGR) of 11.1% • Growth Driver: Agritech Revolutionizes Food Production Amidst Growing Demand • Market Trend: Advancement In Sustainable Crop Protection Technologies • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Agritech Market?

Agritech (agricultural technology) is applying modern technology, science, and innovation in the agricultural sector to enhance productivity, efficiency, sustainability, and profitability. It encompasses various technologies and applications, including precision agriculture, automation, data analytics, and biotechnology, aimed at improving various aspects of the agricultural value chain, from cultivation and harvesting to distribution and marketing. The main types of agritech are big data and analytics, biotechnology and biochemicals, mobility, sensors and connected devices, and others. Big Data and Analytics refer to the process of collecting, organizing, and analyzing vast amounts of data to uncover valuable insights and make informed business decisions. It is used in various applications, including production and maintenance, irrigation, supply chain, marketplace, and others, and employed in various sectors such as precision farming, agriculture, agrochemicals, smart agriculture, biotechnology, indoor farming, and others.

What Is The Agritech Market Growth Forecast?

The agritech market size is expected to see rapid growth in the next few years. It will grow to $58.79 billion in 2030 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to rising demand for sustainable farming solutions, growth in ai-driven analytics adoption, increasing penetration of iot-enabled devices, expansion of smart agriculture investments, rising use of autonomous farming equipment. Major trends in the forecast period include expansion of farm-to-market digital platforms, increasing adoption of smart irrigation and water optimization practices, rising use of biopesticides and biofertilizers in crop production, growing integration of marketplace solutions for input procurement, increasing focus on improving supply chain transparency and efficiency.

Global Agritech Market Segmentation

1) By Type: Big Data And Analytics, Biotechnology And Biochemical, Mobility, Sensors And Connected Devices, Other Types 2) By Application: Production And Maintenance, Irrigation, Supply Chain, Marketplace, Other Applications 3) By Sector: Precision Farming, Agriculture, Agrochemicals, Smart Agriculture, Biotechnology, Indoor Farming, Other Sectors Subsegments: 1) By Big Data And Analytics: Predictive Analytics, Data Management Platforms, Farm Management Software 2) By Biotechnology And Biochemical: Genetically Modified Organisms (GMOs), Biopesticides, Biofertilizers 3) By Mobility: Agricultural Drones, Autonomous Tractors, Farm Management Apps 4) By Sensors And Connected Devices: Soil Sensors, Weather Stations, Livestock Monitoring Devices 5) By Other Types: Precision Agriculture Technologies, Supply Chain Solutions, Smart Irrigation Systems

What Is Driver Of The Agritech Market?

The growing food demand is expected to propel the growth of the agritech market going forward. Food is any substance that provides essential nutrients for growth and health, is sourced from plants or animals, and is consumed for physiological functions. This demand arises from population growth, urbanization, and changing dietary preferences. Agricultural technology is extensively used in food production to enhance efficiency, productivity, and sustainability in farming practices to meet the growing global demand for food. For instance, in January 2024, according to the United States Department of Agriculture, a US-based federal executive department, in 2023, food expenditures made up an average of 12.9 percent of U.S. household spending, slightly up from 12.8 percent in 2022. Therefore, the growing food demand is driving the growth of the agritech industry.

Key Players In The Global Agritech Market

Major companies operating in the agritech market are BASF SE, Dow AgroSciences LLC, Bayer Crop Science AG, Deere & Company, Nutrien Ltd., Syngenta Group AG, Yara International ASA, CNH Industrial NV, Sumitomo Chemical Company Limited, Kubota Corporation, The Mosaic Company, Corteva Agriscience Inc., The Andersons Inc., Land O'Lakes Inc., AGCO Corporation, Olam International Limited, Trimble Inc., Raven Industries, AG Leader Technology, The Climate Corporation, Topcon Agriculture, Parrot SA, Sentera Inc., Taranis, Farmers Edge Inc

Global Agritech Market Trends and Insights

Major companies operating in the agritech market are focusing on developing technological advancements such as next-generation fungicide to enhance crop protection efficiency, reduce environmental impact, and improve agricultural productivity. Next-generation fungicide refers to advanced crop protection solutions that utilize novel active ingredients, biological agents, or precision delivery technologies to effectively control fungal diseases while minimizing resistance development and environmental impact. For instance, in July 2025, Bayer AG, a Germany-based biotechnology company, launched Felujit, specifically developed for controlling sheath blight in paddy cultivation across India. It offers powerful dual-action protection combining Penflufen and Tebuconazole, effectively controlling sheath blight in paddy by targeting both root and foliar infections. Its long-lasting efficacy requires fewer sprays, saving farmers time, labor, and cost while maintaining healthier, high-yielding crops. Felujit empowers sustainable rice farming by enhancing grain quality and profitability with simplified disease management.

What Are Latest Mergers And Acquisitions In The Agritech Market? PepsiCo Secures Seed Supply And Drives Innovation with Acquisition Of Dowling AgriTech

In October 2025, PepsiCo, a US-based global food and beverage company, acquired Dowling AgriTech (DAT) for an undisclosed amount. With this acquisition, PepsiCo aims to strengthen seed supply security, drive innovation, and deepen grower partnerships across the Asia-Pacific region to support its long-term sustainable agronomy strategy. Dowling AgriTech, an Australia-based seed potato company, offers agritech solutions.

Regional Outlook

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

What Defines the Agritech Market?

The agritech market consists of revenues earned by entities by providing services such as precision agriculture solutions, inventory management, financial tracking, crop rotation planning, livestock management, and supply chain optimization. The market value includes the value of related goods sold by the service provider or included within the service offering. The agritech market also includes sales of precision agriculture tools, farm management software tools, crop protection products, indoor farming systems, and soil health and fertility products. 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.

How is Market Value Defined and Measured?

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.

What Key Data and Analysis Are Included in the Agritech Market Report 2026?

The agritech market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the agritech industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.