Agritech Market International Growth Scenario with 12.1% of CAGR by 2027 - Crofarm Agriproducts, Conservis, Indigo Ag, LettUs Grow, Pivot Bio

The Insight Partners Agritech market was valued at US$ 17,442.7 million in 2019 and is projected to reach US$ 41,172.5 million by 2027; it is expected to grow at a CAGR of 12.1% during the forecast period from 2020 to 2027. Agritech refers to a market ecosystem that consist of companies which are using and developing different technologies to enhance their agriculture products or services offerings. These advanced offerings are aimed to increase overall yield, efficiency, cost savings, and profitability of farmers and agriculture companies across the value chain. Some of the key technologies that are penetrating the global agriculture…