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Agtech in the United States

Publisher GlobalData
Published Aug 09, 2024
Length 46 Pages
SKU # GBDT19324829

Description

Agtech in the United States


Summary

Agtech in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Agtech refers to the use of technology in farming and agriculture aimed to improve the efficiency, productivity, and sustainability of food production.
  • The US agtech market had total revenues of $4,074.9 million in 2023, representing a compound annual growth rate (CAGR) of 14.9% between 2018 and 2023.
  • The devices segment accounted for the market's largest proportion in 2023, with total revenues of $2,590.8 million, equivalent to 63.6% of the market's overall value.
  • The US accounted for the largest share of the North American Agtech market with 83.9% market share.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in the United States
  • Leading company profiles reveal details of key agtech market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States agtech market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the United States agtech market by value in 2023?
  • What will be the size of the United States agtech market in 2028?
  • What factors are affecting the strength of competition in the United States agtech market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United States's agtech market?

Table of Contents

46 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Cargill, Incorporated
8.2. Corteva Inc
8.3. Archer Daniels Midland Co
8.4. Deere & Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: United States agtech market value: $ million, 2018-23
Table 2: United States agtech market category segmentation: % share, by value, 2018-2023
Table 3: United States agtech market category segmentation: $ million, 2018-2023
Table 4: United States agtech market geography segmentation: $ million, 2023
Table 5: United States agtech market value forecast: $ million, 2023-28
Table 6: Cargill, Incorporated: key facts
Table 7: Cargill, Incorporated: key employees
Table 8: Corteva Inc: key facts
Table 9: Corteva Inc: annual financial ratios
Table 10: Corteva Inc: key employees
Table 11: Archer Daniels Midland Co: key facts
Table 12: Archer Daniels Midland Co: annual financial ratios
Table 13: Archer Daniels Midland Co: key employees
Table 14: Archer Daniels Midland Co: key employees Continued
Table 15: Deere & Co: key facts
Table 16: Deere & Co: annual financial ratios
Table 17: Deere & Co: key employees
Table 18: United States size of population (million), 2019-23
Table 19: United States real gdp (constant 2010 prices, $ billion), 2019-23
Table 20: United States gdp (current prices, $ billion), 2019-23
Table 21: United States inflation, 2019-23
Table 22: United States consumer price index (absolute), 2019-23
Table 23: United States exchange rate, 2018-23
List of Figures
Figure 1: United States agtech market value: $ million, 2018-23
Figure 2: United States agtech market category segmentation: $ million, 2018-2023
Figure 3: United States agtech market geography segmentation: % share, by value, 2023
Figure 4: United States agtech market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the agtech market in the United States, 2023
Figure 6: Drivers of buyer power in the agtech market in the United States, 2023
Figure 7: Drivers of supplier power in the agtech market in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the agtech market in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the agtech market in the United States, 2023
Figure 10: Drivers of degree of rivalry in the agtech market in the United States, 2023

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