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Future Demand on Food & Agriculture Technology and Products Market 2019-2026 | Latest Trends with United Technologies, John Deere, Daikin Industries, Evonik, DSM, Signify Holding, SGS SA

11-05-2019 06:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Premium Market Insights

Future Demand on Food & Agriculture Technology and Products

Global Food & Agriculture Technology and Products Market is valued approximately at USD 494.9 billion in 2018 and is anticipated to grow with a growth rate of more than 8.1% over the forecast period 2019-2026. Food & Agriculture Technology and Products are used for production of machines to be used in farming and to make food products. Various technologies such as moisture and temperature sensors, robots, aerial images, GPS technology, and others are used in agriculture and food industries.

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Top Key Vendors of this Report

ADM , United Technologies, John Deere, Daikin Industries, Evonik, DSM, Signify Holding, SGS SA, Zoetis, Eurofins

Food & Agriculture Technology and Products provides increased crop production, efficient resource use, and protection of crops from harsh climatic conditions. Factors such as increasing demand for processed food products and livestock-based products is increasing the demand of the market. The rising global population along with growing need for increased food production with less dependency on climatic conditions is augmenting the demand for Food & Agriculture Technology and Products. Increasing R&D in agriculture industry and adoption of cloud-computing platforms and big data analytics for smart agriculture practices will boost the growth of global Food & Agriculture Technology and Products market over the forecast period of 2019-2026.

The regional analysis of global Food & Agriculture Technology and Products Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the strongest economies and widespread industries, which create high capital investment capabilities. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing population, high disposable income, and implementation of various technologies in food & agriculture industries would create lucrative growth prospects for the Food & Agriculture Technology and Products Market across Asia-Pacific region.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Industry:
Animal
Agriculture
Cold Chain
Food & Beverages
Others (Cannabis)

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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