Global Food & Agriculture Technology and Products Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Industry;

Animal Industry, Agriculture Industry, Cold Chain, and Food & Beverages.

By Technology;

Cold Chain, Satellite Imaging, GPS, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn283790666 Published Date: May, 2025 Updated Date: June, 2025

Food & Agriculture Technology and Products Market Overview

Food & Agriculture Technology and Products Market (USD Million)

Food & Agriculture Technology and Products Market was valued at USD 636,612.65 million in the year 2024. The size of this market is expected to increase to USD 1,129,077.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.5%.


Global Food & Agriculture Technology and Products Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 8.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.5 %
Market Size (2024)USD 636,612.65 Million
Market Size (2031)USD 1,129,077.84 Million
Market ConcentrationMedium
Report Pages331
636,612.65
2024
1,129,077.84
2031

Major Players

  • Cargill
  • Bayer CropScience
  • Monsanto
  • Syngenta
  • DuPont
  • John Deere
  • ADM (Archer Daniels Midland)
  • BASF
  • Trimble Inc.
  • Ag Leader Technology

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Food & Agriculture Technology and Products Market

Fragmented - Highly competitive market without dominant players


The Food & Agriculture Technology and Products Market is experiencing rapid growth, driven by a shift toward sustainable practices and innovative solutions. With 43% of consumers preferring food produced with advanced technology, the market is evolving to meet global demands for efficiency and quality. Integration of AI and IoT into agriculture has enhanced crop yield by 27%, supporting the transition to precision farming.

Consumer Demand and Trends
A significant increase of 49% in demand for organic and non-GMO products reflects evolving consumer preferences. Shoppers are increasingly seeking transparency and traceability in food production, encouraging manufacturers to adopt blockchain technology for supply chain integrity. This consumer-driven shift has influenced a 30% growth in organic food production.

Technological Integration
The integration of robotics, drones, and data analytics is transforming food processing and agriculture. Robotics have enhanced production efficiency by 33%, while drones provide real-time data to improve decision-making. Analytics platforms are enabling predictive maintenance and quality control, ensuring consistent output and reducing waste by 22%.

Future Outlook
The market is poised for continued growth, with 61% of stakeholders prioritizing sustainability and technology adoption. Emphasis on alternative proteins, vertical farming, and precision agriculture is shaping future innovations. Industry leaders anticipate 40% cost savings through advanced technologies, driving profitability and a more resilient food system.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Industry
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Region
  4. Food & Agriculture Technology and Products Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Growing Food Demand
        3. Sustainability Initiatives
        4. Government Support Programs
      2. Restraints
        1. High Investment Costs
        2. Regulatory Challenges
        3. Market Competition
        4. Technological Complexity
      3. Opportunities
        1. Emerging Markets
        2. Innovation in Farming
        3. Digital Solutions
        4. Sustainable Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Food & Agriculture Technology and Products Market, By Industry, 2021 - 2031 (USD Million)
      1. Animal Industry
      2. Agriculture Industry
      3. Cold Chain
      4. Food & Beverages
    2. Food & Agriculture Technology and Products Market, By Technology, 2021 - 2031 (USD Million)
      1. Cold Chain
      2. Satellite Imaging
      3. GPS
      4. Others
    3. Food & Agriculture Technology and Products Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cargill
      2. Bayer CropScience
      3. Monsanto
      4. Syngenta
      5. DuPont
      6. John Deere
      7. ADM (Archer Daniels Midland)
      8. BASF
      9. Trimble Inc
      10. Ag Leader Technology
  7. Analyst Views
  8. Future Outlook of the Market