Food and Agriculture technology Market size was valued at US$ 4.54 Bn in 2020. The Global Food and Agriculture technology Market is estimated to grow at a CAGR of 5.56% over the forecast period.
Food and agricultural technologies and goods are used in the manufacture of agricultural machinery and food. Crops are protected from higher productivity, efficient resource use, and harsh weather conditions by food and agriculture technologies and goods. In the food and agriculture technology market, humidity and temperature sensors, robots, aerial imagery, GPS technology, and other technologies are used. Robotic systems are cutting-edge devices that assist businesses in becoming more efficient, sustainable, and profitable.
Introduction of Food and Agriculture technology market:
Each and every insight presented in the report was published by an expert group of Stellar Market Research, which is derived from primary interviews with top officials from leading companies in the domain concerned. The report’s secondary data research methodology includes deep online and offline research and discussion with expert professionals and analysts in the Food and Agriculture technology industry. In the report, Food and Agriculture technology market reports, industry trends have been explained on the macro level, which is expected to help to find an outline market landscape and probable future issues.
Food and Agriculture technology Market Overview:
The SMR Food and Agriculture technology Market report examines the upstream, midstream, and downstream industries' historical and projected growth. The market study goes into detail about the overall market size, overall revenue, and market segmentation. The SMR research thoroughly considers a variety of factors, including current market competition, potential growth barriers, and profiles of key manufacturers, as well as production and consumption by relevant areas.
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Food and Agriculture technology Market Key players:
ADM (US)
Evonik (Germany)
DSM (Netherlands)
United Technologies (US)
Deere & Company (US)
Daikin (Japan)
Signify Holdings (Netherlands)
SGS SA (Switzerland)
Zoetis (UK)
GEA (Germany)
Pentair (UK)
Intertek (UK)
Genus (UK)
Neogen (US)
AKVA Group (Norway)
Eurofins (Luxembourg)
Canopy Growth Corporation (Canada)
Americold Logistics (US)
Groupe Grimaud (France)
MosaMeat (Netherlands)
Food and Agriculture technology Market Drivers:
Revenue growth in the food and agriculture technology market Rising demand and consumption of livestock-based products and seafood, as well as increased use of advanced genetic technologies and increased consumer awareness of food safety, will drive technology and goods. Global livestock output has grown dramatically since the 1960s. Beef output has more than doubled, while chicken meat production has increased by a factor of ten, thanks to increases in both animal population and productivity.
Food and Agriculture technology Market Segmentation:
Cold chain technology extends the shelf life of perishable foods by inhibiting the growth of germs and reducing deterioration caused by refrigeration or freezing. More corporate networking between nations, rising consumer demand for perishable items through online purchasing, and better flexibility for delivering perishable commodities at the right time in developed economies are driving the growth of this segment in the food and agriculture technology market.
Prime Reasons to purchase a Food and Agriculture technology Market report:
The goal of the Food and Agriculture technology market report is to help consumers to gain more information and a clearer understanding of the industry. The Food and Agriculture technology market growth analysis includes development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status for international markets.
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
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Mar 03, 2023