Aug 10, 2023

Agritech market forecast by Global Insight Services

Global Insight Services releases the Global Agritech Market Report, which provides an analysis of the impacts in market disruptions.

Agritech can be used to improve yields, reduce inputs costs, and minimize environmental impact. For example, agritech can be used to develop more disease-resistant crops, optimize irrigation systems or reduce pesticide use.

Key Trends

The report indicates the key trends in agritech technology, such as:

• Big data and precision farming
• Drones
• Robotics

Key Drivers

The agritech market is driven by a number of factors, including the need for more efficient and effective agriculture, the increasing demand for food and the need for better environmental management.

Technology has played a major role in agriculture for centuries, and the trend is continuing. The use of technology can help farmers increase yields, reduce costs, and improve the quality of their products.

Market Segments

The agritech market is segmented by vertical farming and controlled environment agriculture, supply chain technology, robotics and automation, and region. The market is divided into indoor and vertical farming indoor and vertical farming systems, LED lighting and artificial intelligence for optimized growth, hydroponics and aquaponics technology.

For more information, visit globalinsightservices.com.