The rising levels of hunger and food insecurity highlight the urgent need to increase agricultural productivity to ensure food availability. Thus, the increasing demand for enhanced agricultural output while reducing environmental effects is one of the main driving factors.
Agriculture & Forestry Industry Market News
Companies operating in this market also focus on investments to increase their market shares and expand their geographic presence. collaborations, and partnerships were the most commonly adopted strategy from January 2012 to February 2022.
This Agricultural Grow Bags Market Is Likely to Experience a Tremendous Growth by 2029 research report focuses more on a number of distinctive as well as foremost market sectors.
The microirrigation systems market is anticipated to reach USD 17.8 billion by 2028 from USD 11.3 billion by 2023, at a CAGR of 9.4% during the forecast period in terms of value owing to the efficient usage of water resources in drought conditions, higher yield production, and cost-effectiveness.
The global agricultural biologicals market in monetary terms was estimated to be worth $12.9 billion in 2022 and is poised to reach $24.6 billion by 2027, growing at a CAGR of 13.7% from 2022 to 2027.
The foliar spray market is projected to reach from USD 7.3 billion in 2023 to USD 9.6 billion by 2028 growing at a CAGR of 5.5% from 2023 to 2028.
The Global Biological Augmentation Services Market size is expected to grow from USD 18.25 Billion in 2022 to USD 35.05 Billion by 2030, at a CAGR of 8.5% during the forecast period (2023-2030).
The global market for compound feed was valued at USD 541.2 billion in 2023 and is projected to reach USD 668.3 billion by 2028, at a CAGR of 4.3% during the forecast period.
The global agricultural surfactants market size is estimated to be valued at USD 1.7 billion in 2023 and is projected to reach USD 2.3 billion by 2028, recording a CAGR of 6.2% in terms of value.
Farm Equipment Market by Tractor Power Output (<30, 31-70, 71-130, 131-250, >250HP), Type (Tractors, Balers, Sprayers), Tractor Drive Type, Electric Tractor by Type & Propulsion, Implement by Function, Rental & Region - Global Forecast to 2028
- Hazelnut Market size to surpass USD 9.08 billion with a growing CAGR of 3.4% by 2030 according to a new research report
- Animal Parasiticides Market worth $12.17 billion by 2030 according to a new research report
- Wet Pet Food Market is expected to reach $31.7 billion by 2028 according to a new research report
- Insect Repellent Active Ingredients Market discussed in a new research report
- Global Nematicide Market thrives with USD 1.9 billion valuation in 2022 according to a new research report