Global Food & Agriculture Technology and Products Market By Product (Cream, Ice), Industry (Animal, Agriculture, Cold Chain, Food & Beverages, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Food and Agriculture Technology and Products Market
Food & agriculture technology and products market is expected to reach USD 1072.21 billion by 2028 growing at a growth rate of 8.97% in the forecast period 2021 to 2028. Surging number of foreign direct investment along with increasing product development with growing research activities are the factor for the food & agriculture technology and products market in the forecast period of 2021- 2028.
Increasing consumption of livestock and seafood, growing adoption of advanced genetic technologies, rising awareness regarding food safety, rising preferences of packaged and processed food, prevalence of legalised cannabis, growing need to control temperature are some of the factors that will likely to enhance the growth of the food & agriculture technology and products market in the forecast period of 2021-2028. On the other hand, increasing applications from emerging markets along with provision of big data in agricultural farms will further boost various opportunities that will lead to the growth of the food & agriculture technology and products market in the above mentioned forecast period.
Excessive cost of infrastructure with need of high energy, complex structure of cannabis along with lack of coordination will likely to hamper the growth of the food & agriculture technology and products market in the above mentioned forecast period.
This food & agriculture technology and products market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on food & agriculture technology and products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Food and Agriculture Technology and Products Market Scope and Market Size
Food & agriculture technology and products market is segmented on the basis of product and industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product, the food & agriculture technology and products market is segmented into cream and ice.
Based on industry, the food & agriculture technology and products market is segmented into animal, agriculture, cold chain, food & beverages, and others. Animal has been further segmented into animal genetics, animal health, and aquaculture products. Agriculture has been further bifurcated into indoor farming technology, smart agriculture technology, pre-harvest equipment, grow lights, and autonomous tractors. Smart agriculture technology has been further segmented into farm management software. Farm management software has been further sub segmented into precision farming, livestock monitoring, smart greenhouse, fish monitoring, and others. Pre-harvest equipment has been further sub segmented into primary tillage equipment, secondary tillage equipment, planting equipment, irrigation equipment, plant protection equipment, and other equipment. Cold chain has been further segmented into refrigerated storage, and refrigerated transport. Food & beverages have been further segmented into algae products, food safety technology, traceability technology, food & beverage processing equipment, plant-based protein products, and cultured meat products.
Food and Agriculture Technology and Products Market Country Level Analysis
Food & agriculture technology and products market is analyses and market size, volume information is provided by country by product and industry as referenced above.
The countries covered in the food & agriculture technology and products market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the food & agriculture technology and products market due to growing number of population along with rising disposable income of the people and rising demand of processed and packaged food in the region.
The country section of the food & agriculture technology and products market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Food and Agriculture Technology and Products Market Share Analysis
Food & agriculture technology and products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to food & agriculture technology and products market.
The major players covered in the food & agriculture technology and products report are ADM, United Technologies Corporation, Deere & Company., Evonik Industries AG, DSM, Signify Holding., SGS SA, Zoetis, Eurofins Scientific, GEA Group Aktiengesellschaft, Pentair plc., Intertek Group plc, NEOGEN CORPORATION, AKVA group, Canopy Growth Corporation, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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