Press release
Rise In Food Demand Fueling The Growth Of The Market Amid Population Growth And Technological Advancements In Farming Driver: Leading Transformation in the Agriculture 4.0 Market in 2025
Agriculture 40
The anticipated increase in food demand is projected to stimulate the expansion of the agriculture 4.0 market. Essentially, food demand signifies the amount of food that consumers are capable and prepared to buy at varying price points within a set timeframe. Population growth, increased income, urbanization, shifts in dietary trends, and economic progress are some of the key factors propelling the surge in food demand. These conditions result in higher food consumption. Agriculture 4.0 relies on advanced technologies like artificial intelligence, IoT, robotics, and data analysis to streamline farming methods, improve crop surveillance and produce forecasting, lower environmental footprint, and ensure more effective resource utilization for greater agricultural productivity and sustainability. For example, the United States Department of Agriculture, a government agency based in the US, projected in October 2024 that food demand in 83 low and middle-income countries is set to rise from 800.2 million metric tonnes in 2024 to 1,050.9 million metric tons by 2034. As such, there is an expectation that an upsurge in food demand will fuel the expansion of the agriculture 4.0 market.
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What Is the projected market size and growth rate for the agriculture 4.0 market?
In the past few years, there has been a swift upsurge in the size of the agriculture 4.0 market. Projected to rise from $81.20 billion in 2024 to $93.20 billion in 2025, this market is expected to witness a compound annual growth rate (CAGR) of 14.8%. The proliferation of IoT devices, the increasing adoption of autonomous vehicles, a surge in farm-to-table supply chains, more investment in agricultural biotechnology, and the expansion of vertical farming all contribute towards the historic periods' growth.
In the upcoming years, a swift expansion is predicted for the agriculture 4.0 market, which is projected to reach $159.75 billion by 2029, with a compound annual growth rate (CAGR) of 14.4%. The surge in the anticipated period can be credited to an accentuated focus on precision farming, an escalating demand for eco-friendly farming methods, a proliferating significance of connectivity and 5G technology, increasing inclination towards autonomous farming machinery, and augmenting investments in farm management software. The forecast period is also expected to witness key trends such as technological progress, drone technology, self-driving tractors, machine intelligence, and extensive data analytics.
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What new trends are reshaping the agriculture 4.0 market and its opportunities?
Leading businesses in the agriculture 4.0 market are prioritizing the development of inventive technologies, such as intelligent spraying systems, to enhance operational effectiveness. A prominent element of this innovation is an AI-guided procedure that enables precise herbicide application, focusing on areas where weeds exist for increased efficiency and reduced environmental footprint. For example, in April 2024, Stara, an agricultural machinery enterprise based in Brazil, unveiled products such as Bruttus 18000, Hércules 10000 and 24000 Inox, Hércules 24000 C, and Eco Spray. The Bruttus 18000 is an advanced, efficiency-driven spreader with gravity feeding capabilities and a load capacity of up to 18,000 kg, making it suitable for multiple crops, including sugarcane. The Hércules 10000 and 24000 Inox are spreaders that offer precision, ensuring the equal distribution of fertilizers and seeds to optimize resource expenditure. Built specifically for large-scale usage, the Hércules 24000 C provides remarkable spreading accuracy. The Eco Spray utilizes AI for selective spraying, using herbicides only where weeds grow to minimize chemical application. Collectively, these products exemplify Stara's commitment to encourage precision agriculture and intelligent farming solutions.
What major market segments define the scope and growth of the agriculture 4.0 market?
The agriculture 4.0 market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Other Crop Types
3) By Farm Size: Small Farms, Medium-Sized Farms, Large Farms
4) By Technology: Internet Of Things And Connected Devices, Artificial Intelligence And Machine Learning, Robotics And Automation, Big Data Analytics, Blockchain, Drones And Unmanned Aerial Vehicles, Cloud Computing
5) By Application: Farming, Forestry, Livestock Monitoring, Fish Farm Monitoring, Smart Greenhouse, Other Applications
Subsegments:
1) By Hardware: Sensors, Drones, GPS Systems, Automated Tractors, Irrigation Systems
2) By Software: Farm Management Software, Precision Farming Software, Crop Monitoring Software, Analytics and Data Processing Software
3) By Services: Consulting Services, Data Analytics Services, IoT Connectivity Services, Remote Sensing Services
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Which region dominates the agriculture 4.0 market?
North America was the largest region in the agriculture 4.0 market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agriculture 4.0 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the agriculture 4.0 industry growth?
Major companies operating in the agriculture 4.0 market are BASF SE, International Business Machines Corporation, Kubota Corporation, Mahindra & Mahindra Limited, AGCO Corporation, Deere & Company, Syngenta Group Co. Ltd., SZ DJI Technology Co. Ltd. (DJI Agriculture), Trimble Inc., Raven Industries Inc., Blue River Technology Inc., Sentera Inc., DICKEY-john Corporation, Grégoire SA, Ecorobotix SA, Iron Ox Inc., Robotics Plus Ltd, CNH Industrial NV, Stara SA Indústria de Implementos Agrícolas, Ekobot AB, Indigo Agriculture Inc., Naïo Technologies SAS, Jacto SA
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What Is Covered In The Agriculture 4.0 Global Market Report?
•Market Size Forecast: Examine the agriculture 4.0 market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the agriculture 4.0 market for a structured understanding.
•Key Players Overview: Analyze major players in the agriculture 4.0 market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the agriculture 4.0 market.
•Segment Contributions: Evaluate how different segments drive overall growth in the agriculture 4.0 market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the agriculture 4.0 market.
•Industry Challenges: Identify potential risks and obstacles affecting the agriculture 4.0 market.
•Competitive Landscape: Review strategic developments in the agriculture 4.0 market, including expansions, agreements, and new product launches.
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