Press release
Food and Agriculture Technology and Products Market - Industry Trends and Forecast to 2028
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 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.
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