The Impact Of Increasing Food Consumption On The Farming As A Service Market Driver: A Major Catalyst in the Evolution of the Farming As A Service Market in 2025

What market dynamics are playing a key role in accelerating the growth of the farming as a service market?
The farming as a service market's growth is expected to be driven by the rising demand for food. The surge in food demand can be attributed to factors such as increasing global population, growing income levels, and changes in dietary habits and lifestyle. Farming as a service (FaaS) delivers advanced technologies like precision farming tools that help to maximize the use of water, fertilizers, and pesticides, resulting in enhanced crop yields and minimizing waste. This makes it possible for farmers to yield more food using fewer resources. A report from the United States Department of Agriculture, a government agency, revealed in April 2024 that the global food consumption in 2021 was about 2.5 billion metric tons, with bread and cereal products as the most consumed category. Additionally, in 2023, the agriculture, food, and related industries contributed approximately $1.530 trillion to the U.S. GDP, representing roughly 5.6% of the total. So, the growing food demand is a key driver propelling the farming as a service market.

Get Your Farming As A Service Market Report Here:
https://www.thebusinessresearchcompany.com/report/farming-as-a-service-global-market-report

How will the growth rate of the farming as a service market shape industry trends by 2034?
The market size for farming as a service has seen accelerated expansion in the last few years. It is predicted to increase from $4.95 billion in 2024 to $5.85 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 18.1%. The growth during the historical period is linked to an upswing in farm productivity, amplified usage of IoT devices, an escalating demand for green farming practices, an increased interest in vertical farming, and a surge in the necessity for farm automation.

The market size of farming as a service is anticipated to experience swift expansion in the upcoming years. The market is projected to escalate to $11.25 billion by 2029 at a compound annual growth rate (CAGR) of 17.7%. The expansion seen in this period is linked to the escalating demand for precision agriculture, increasing government schemes and subsidies, a heightened need for food security, a surging demand for environmentally friendly agricultural practices, and a rise in the adoption of advanced agricultural methods. Important trends during this period are expected to involve technological innovation, incorporation of artificial intelligence, precision agriculture, Internet of Things devices, and intelligent greenhouses.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19429&type=smp

What trends are poised to drive the future success of the farming as a service market?
Leading corporations in the farming as a service sector are concentrating their efforts towards the creation of cutting-edge solutions such as farm management software, designed to improve and simplify agricultural activities. This tool, powered by digital technology, assists farmers in strategizing, overseeing, and critically evaluating their farm operations, thus maximizing efficiency, resource allocation, and the decision-making process, courtesy of data-driven facts. As an example, Bushel Inc., an American software organization, unveiled its Bushel Farm management software in March 2023; this represents the latest evolution of farm management software for agricultural professionals and associated agribusiness entities. A remarkable feature of Bushel Farm is its capacity to curtail manual data entry significantly due to its compatibility with Bushel's FarmLogs solution. This cutting-edge feature makes it possible for farmers to conveniently import data concerning grain sales from many grain facilities utilizing Bushel solutions. No longer do farmers need to spend considerable hours manually inputting information from contracts or scale tickets; they can automate this task in no time. This software consequently simplifies contract management by automatically filling in contract details, making the workflow easier and resulting in a significant time saving for farmers.

Which primary segments of the farming as a service market are driving growth and industry transformations?
The farming as a servicemarket covered in this report is segmented -

1) By Services: Farm Management Solutions, Production Assistance, Access To Markets
2) By Delivery Model: Subscription, Pay-Per-Use
3) By End User: Farmers, Government , Corporate, Financial Institutions, Advisory bodies

Subsegments:
1) By Farm Management Solutions: Farm Planning Software, Crop Monitoring Solutions, Irrigation Management Systems, Data Analytics and Reporting Tools, Livestock Management Software
2) By Production Assistance: Consulting Services, Technical Support Services, Training And Education Programs, Equipment Leasing And Rental Services, Input Supply Services
3) By Access To Markets: E-commerce Platforms for Farmers, Market Linkage Services, Supply Chain Management Solutions, Direct-To-Consumer Sales Platforms, Export Facilitation Services

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19429

Which geographical regions are pioneering growth in the farming as a service market?
North America was the largest region in the farming as a service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the farming as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the farming as a service market landscape?
Major companies operating in the farming as a service market are Mahindra & Mahindra Limited, Trimble Inc., Ninjacart, Topcon Corporation, Raven Industries Inc., Granular Inc., RML AgTech, Figured Limited, Farmers Edge Inc., Agworld Pty Ltd., Conservis Corporation, FarmLogs Inc., AgriWebb, Solinftec, Farmplan, EM3 Agri Services Pvt Ltd., Synnefa, AGRIVI, Farmbrite, Agroptima SL, Traction Ag Inc., Grownetics Inc., Harvest Profit, Croptracker Inc.

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=19429&type=smp

What Is Covered In The Farming As A Service Global Market Report?

•Market Size Forecast: Examine the farming as a service market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the farming as a service market for a structured understanding.
•Key Players Overview: Analyze major players in the farming as a service market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the farming as a service market.
•Segment Contributions: Evaluate how different segments drive overall growth in the farming as a service market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the farming as a service market.
•Industry Challenges: Identify potential risks and obstacles affecting the farming as a service market.
•Competitive Landscape: Review strategic developments in the farming as a service market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.