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North America Agritech Market Global Industry Analysis, Size, Share, Future Growth, Trends Till Forecast 2027

11-28-2023 02:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Business Market Insights

North America Agritech Market was valued at US$ 6,731.3 million in 2019 and is projected to reach US$ 16,005.2 million by 2027 with a CAGR of 12.2% during the forecast period 2020 to 2027.

Agriculture plays a crucial role in the economic growth of some of the largest nations across North America which include the US, Canada, mexico among many others. With continuously growing population and rising demand of agricultural output to meet the increasing demand, the investments in agriculture technology solutions have been growing at an impressive pace. Agritech refers to a market ecosystem that consist of companies which are using and developing different technologies to enhance their agriculture products or services offerings. These advanced offerings are aimed to increase overall yield, efficiency, cost savings, and profitability of farmers and agriculture companies across the value chain. Some of the key technologies that are penetrating the North America agriculture sector include data analytics, artificial intelligence, internet-of-things, machine learning, automation systems, software as a service solution among many others. In addition to this, the evolving business & revenue models in agriculture sector, market consolidation with bigger players acquiring smaller players to achieve economies of scale and vertical integration, trend of precision farming, and rising investments in agritech start-ups are some of the key factors that are fueling the growth of North America agritech market.

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The Key Players during this market are:

AeroFarms
AgBiome, Inc.
ARSR Tech
Ceres Imaging
Conservis
Indigo Ag, Inc.
Pivot Bio

Analysis of the Top Market Players:

Competition may be a major subject in any marketing research analysis. This is a report provided with the help of the competitive analysis provided the players can simply study key strategies adopted by leading players in the North America Agritech market till 2027. Major and emerging players of the market are closely studied taking into consideration their market share, product portfolio, revenue, sales growth, and other significant factors. This will help players to become familiar with the moves of their top competitors within the market.

In this report, the market has been segmented on the basis of:

North America Agritech Market - By Type
Biotechnology and Biochemicals
Big Data & Analytics
Sensors and Connected Devices
Mobility
Other Types

North America Agritech Market - By Application
Irrigation
Production and Maintenance
Supply Chain
Marketplace

North America Agritech Market - By Country
US
Canada
Mexico

Scope of North America Agritech Market during 2020 to 2027:

North America Agritech Market report evaluates the growth rate and the market value based on market dynamics, growth inducing factors. Complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive market research and vendor landscape in additionally to a SWOT analysis of the key vendors.

Get Full North America Agritech Market Report :https://www.businessmarketinsights.com/reports/north-america-agritech-market

Key Highlights of the North America Agritech Market Research Report:

The report summarizes the North America Agritech Market by stating the basic product definition, applications, product scope, product price and value, supply and demand ratio, and market summery.
Competitive landscape of all leading key players together with their business strategies, approaches, and latest North America Agritech market movements.
It elements market feasibility investment, opportunities, growth factors, restraints, market risks, and North America Agritech business driving forces.
It performs a comprehensive study of emerging players within the North America Agritech business together with the present ones.
It accomplishes primary and secondary analysis and resources to estimate top products, market size, and industrial partnerships of North America Agritech business.
North America Agritech market report ends by articulating research findings, data sources, and results, list of dealers, sales channels, businesses, and distributors along with an appendix.
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Key Questions | Answered included in Sample Report:

-What will the market size be in 2027 and what will the growth rate be?

-What are the key market trends?

-What is driving this market?

-What are the challenges to market growth?

-Who are the key vendors in this market space?

-What are the market opportunities and threats faced by the key vendors?

-What are the strengths and weaknesses of the key vendors?

We offer clients specialized report services that take into consideration the most variables influencing the development of the worldwide Market. Feel free to call or drop your requirement to get the get customized research report.

Contact Us:

If you have any questions about this report or would like further information, please contact us:

Contact person: Ankit Mathur

Email: sales@businessmarketinsights.com

Phone: +16467917070

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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