In today’s rapidly evolving techno-centric world, the agricultural sector isn’t left untouched. Connecting technology with agriculture, a term commonly known as ‘AgTech,’ is revolutionizing the way we produce, manage, and distribute our food globally. As we delve into an exciting new era of innovation and digital transformation, it is imperative to stay updated about the dynamics of the AgTech market. This blog post will shed light on the burgeoning AgTech market size statistics, revealing fascinating trends and insights that will help enthusiasts, businesses, and investors to understand this revolutionary industry’s trajectory better.

The Latest Agtech Market Size Statistics Unveiled

The global agricultural technology (AgTech) market size is expected to reach $22.5 billion by 2025.

Forecasting the future growth of the AgTech market adding up to $22.5 billion by 2025 shines a spotlight on the escalating relevance and impact of this sector. This figure underscores the explosive potential and transformative power that AgTech holds, mirroring how pivotal its innovations could be in reshaping not just agriculture but also the interlinked industries and economies worldwide. From the lens of investors, this statistic signifies an enticing arena of opportunities ripe for investment, favoring high returns. Meanwhile, For entrepreneurs and start-ups, this projection signals the immense scope for growth and innovation within the sector. So, quite unmistakably, this pivotal statistic serves as a guidepost for navigating the AgTech landscape’s future, illuminating its promise and potential.

Compound annual growth rate (CAGR) for the global agtech market is projected to be 9.7% from 2020 to 2027.

Unveiling the expected Compound Annual Growth Rate (CAGR) of 9.7% for the global agtech market from 2020 to 2027 wields enormous significance while scrutinizing the agtech market size statistics. This illuminates a promising and progressive evolutionary curve for the industry, affirming both emerging opportunities and potential scalability.

With an illuminating beacon such as the CAGR, interested stakeholders can discern the impressive growth trajectory, consequently fostering their strategic decision-making processes. This growth index underscores the relentless innovation and development within the agtech sphere, suggesting a rise in technological adoption by the farming sector worldwide, providing ample opportunities for both established entities and new entrants.

Hence, the highlighted CAGR forms a pivotal cornerstone of any comprehensive narrative surrounding the agtech market size, shaping perceptions about future prospects and facilitating astute market forecasting.

North America is expected to hold the largest market share and dominate the Agtech market from 2020 to 2023.

Delving deep into the vibrant panorama of the Agtech sector, an intriguing revelation surfaces. Anchored in the forecast that North America is on track to maintain its dominance in the Agtech market from 2020 to 2023, there unfolds a landscape of both opportunities and challenges.

This prediction, steeped in statistical underpinnings, interprets northwards as a beacon of fertile grounds teeming with technological advancement and latent potentials. It essentially signals that the influential crescendo of Agtech industry will continue to resonate most deeply in North America. Being a hub of innovation with significant market share, the continent essentially becomes the centrifuge around which the Agtech sector’s trend-setting, growth trajectories, and business strategies revolve.

Whether it’s the density of tech-savvy farmers, supportive policies, availability of capital, or the synergy between academia and industry, North America’s expected domination encapsulates numerous dimensions that the Agtech entrepreneurs, investors, and policymakers around globally need to keenly observe and derive lessons from.

Thus, this statistic adds an orchestral note, mediating the narration of the blog post about the Agtech market size with a compelling undertone of market dynamics, trends, leader profiles, and influence patterns. Indeed, the Agtech market’s epicenter being North America from 2020 to 2023 isn’t just a statistic. Instead, it is a pulsating testament of how the future of agriculture technology is being shaped and where it is likely to flourish the most.

Private investment in agtech startups totaled more than $20 billion across approximately 1,200 deals from 2014 to 2018.

Reflecting upon this compelling statistic – a promising sum of over $20 billion invested in agtech startups across nearly 1,200 deals from 2014-2018 – it becomes evident how much traction the sector has gained. This exemplifies investors’ confidence and underscores the increasing importance of technology in transforming agricultural practices. Such hefty monetary commitments tangibly reiterate that we are witnessing more than a mere trend, it’s a significant market expansion. This, without a doubt, positions our topic not only as a game-changer in the agricultural realm but also accents its enticing investment potential. The valuable lessons drawn from this data pave the way for riveting dialogue on the future growth of the agtech market.

Asia Pacific is estimated to exhibit a CAGR of over 10% in Agtech market from 2021 to 2027.

Imagine a kaleidoscope, continuously shifting its colors and patterns – that’s the Agtech market in the Asia Pacific. Projected to grow at an impressive CAGR of over 10% from 2021 to 2027, the region displays a dynamic and vibrant scope for adaption, technology advancement, and expansion. It’s like watching a corn seed sprout, grow, and flourish into a towering stalk. For Agtech industry stakeholders, entrepreneurs, and investors, this upward trend represents an array of opportunities to sow their seeds of innovation and reap the rewards of growth within a promising landscape. Highlighting this statistic is not just about acknowledging a number; it’s about envisioning a future, empowered and transformed by Agtech, that’s as bright and promising as a sun-soaked cornfield ready for harvest.

The total new worldwide funding for agtech companies reached $4.7 billion in 2019.

Highlighting the staggering $4.7 billion in new worldwide funding that agtech firms attracted in 2019 serves as a testament to the explosive growth and potential of the agtech industry. It paints a vivid picture of an increasingly vibrant and competitive landscape, underscoring the mounting investor confidence in this sector. Not only does it indicate the appetite for innovative agricultural solutions, but it also represents faith in technological advancements revolutionizing the agri-business from farm to table. Therefore, for anyone engaging with this burgeoning sector, understanding this financiaI milestone ignites immense strategic insights into market trends, commercial viability, and the future of agtech.

As of 2020, North America accounted for about 38.9% of the overall Agtech market revenue.

Immersing ourselves into the Agtech market size narratives, the inkling that North America, holding a significant 38.9% of the overall market revenue as of 2020, adds not just a dash of flavor but changes the whole recipe of the discussion. It stands as a towering lighthouse, guiding entrepreneurs and investors towards lucrative opportunities in this burgeoning field. This large share speaks volumes of the region’s advanced technological infrastructure, adequate funding, and innovative spirit that makes it a hotbed for Agtech advancements. Hence, in the mosaic of worldwide Agtech narratives, the North American piece is unmissably significant.

Out of the total agtech investment in 2019, food e-commerce & delivery received the most funding with $3.2 billion.

Highlighting the heft of investment into food e-commerce & delivery, a whopping $3.2 billion in 2019 underscores the sheer dynamism and growth potential within this subset of the agtech industry. It paints a vivid picture of the transformative power this trend can have on the entire agricultural technology landscape. For those assessing the agtech market, the surge of capital towards e-commerce & delivery could serve as a critical guidepost, helping navigate the complex terrain of this burgeoning industry. The fact that this area attracted the lion’s share of investment illuminates not only its attractiveness to investors but also its potent role in shaping the future of agtech innovations.

In 2020, Europe’s AgTech startups raised a record of €1.6 billion (approximately $1.94 billion) in funding, a 27% increase from the previous year.

Showcasing a skyrocketed growth trajectory, the €1.6 billion capital funnelled into Europe’s AgTech sector in 2020 stands as a stark testament to a burgeoning market, underscoring a heightened investor confidence and appetite for innovation within the space. This record-breaking funding, reflecting a hefty 27% climb from the previous year, offers an energetic snapshot of the market’s robust health and its anticipated, unprecedentedly bright forecast. In other words, it paints a panoramic picture of an industry on the brink of a significant metamorphosis, signalling the dawning of Europe’s AgTech golden era.

Nearly 60% of all AgTech investment in 2017 and 2018 went to startups focused on data-usage business models.

Dipping into the numbers, one discovers an intriguing trend in the AgTech sector. Startups focused on data-usage business models emerged as clear frontrunners, amassing an impressive 60% of the total AgTech investment poured in 2017 and 2018. This fact speaks volumes about investor confidence in data-driven agriculture solutions. It’s a telling testament to the perceived potential of using data to revolutionize farming optimization, resource management, and overall sustainability. Ultimately, this figure accentuates the pivotal role such models are playing in shaping the AgTech sphere, driving its growth and defining its future trajectory.


As we wrap up our deep dive into the fascinating dynamic landscape of the agtech market, it’s evident that the sector is teeming with tremendous growth potential. The statistics highlight a booming industry, with an increase in investments and advancements in technology that promise lucrative opportunities for both new entrants and established players. From digitizing farming operations to employing cutting-edge AI and IoT applications, the agtech industry has proven its resilience and critical importance in improving global food security and sustainability. As the market continues to expand and evolve with an enlivened pace, staying abreast of these agtech trends and market size statistics is crucial for anyone vested in the future of agriculture. The revolution in the agtech sector is just the beginning, and its brightest days undoubtedly lie ahead.


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