Press release
Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Production Agriculture Market
Production Agriculture Market
Projected Expansion of the Production Agriculture Market Size by 2030
The production agriculture market is set to experience substantial growth, reaching a valuation of $255.88 billion by 2030. This expansion reflects a robust compound annual growth rate (CAGR) of 7.4% during the forecast period. Driving this upward trend are factors such as the growing use of AI-powered farm analytics, wider adoption of IoT-enabled farming systems, the rise of cloud-based agricultural platforms, increasing automation in large-scale farming, and advancements in precision-driven livestock and aquaculture management. Key trends shaping the market include enhanced crop and livestock monitoring technologies, the proliferation of automated farm machinery, growing demand for integrated farm management solutions, the expansion of resource-efficient farming practices, and a focus on boosting productivity through innovative systems.
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Leading Companies Shaping the Production Agriculture Industry
Several prominent corporations hold significant influence in the production agriculture market. These industry leaders include BASF SE, The Dow Chemical Company, Bayer CropScience Ltd, Deere & Company, Nutrien Ltd., Sumitomo Chemical Company Limited, Kubota Corporation, Corteva Inc., Syngenta Group, UPL Limited, FMC Corporation, ADAMA Ltd., Nufarm Limited, Coromandel International Limited, Kumiai Chemical Industry Co Ltd., Nippon Soda Co Ltd., PI Industries Limited, Valent USA LLC, Dhanuka Agritech Limited, Isagro S.p.A., Certis USA LLC, W. Neudorff GmbH & Co. KG, Sulphur Mills Limited, Traction Ag, and Mosaic Digital Ag Division.
Significant Acquisition Boosting Technological Capabilities in Agriculture
In April 2025, Taylor Farms, a US company specializing in ready-to-eat salads and fresh foods, acquired the agricultural robotics firm FarmWise for an undisclosed sum. This strategic acquisition aims to enhance Taylor Farms' precision farming and automation technologies, helping to reduce labor costs and improve sustainable crop production. FarmWise is known for its robotic solutions that deliver precision weeding and thinning, which are instrumental in optimizing production agriculture.
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Emerging Trends Highlighting Sustainable Crop Protection Solutions
In the evolving landscape of production agriculture, companies are increasingly focusing on biological crop protection products to promote sustainability and crop health while minimizing environmental impact. Biofungicides, which are biological agents derived from natural organisms used to combat fungal diseases, are becoming a key innovation. For instance, in August 2023, FMC India Private Limited introduced ENTAZIA, a novel biofungicide based on Bacillus subtilis. This product offers an eco-friendly and effective way for farmers to protect crops against fungal issues such as bacterial leaf blight in rice, thereby safeguarding yield and quality without compromising environmental health.
Market Segmentation Within the Production Agriculture Industry
The production agriculture market is categorized across several dimensions to better understand its scope:
1) Components: Solutions and Services
2) Deployment Modes: Cloud and On-Premises
3) Farm Size: Large Farms, Medium-Sized Farms, and Small Farms
4) Application Areas: Farm Analytics, Livestock Analytics, and Aquaculture Analytics
Further breakdown of solutions includes farm management software, precision farming tools, automated machinery, and irrigation systems, while services encompass consulting, maintenance and support, farm advisory, and data analytics services. This segmentation provides comprehensive insights into the diverse offerings and applications driving the market's growth globally.
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