Agritech Industry : Will Goes Strong In Future?
In terms of revenue, the global 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. For More Information @ https://bit.ly/3dZa3Bq The agritech market is broadly segmented into five major regions—North America, Europe, APAC, MEA, and SAM. In terms of market share, the North America region dominated the agritech market in 2019. Companies such as AgWorld, AgBiome, Hortau, AeroFarms, Harvest Automation, and Farmers Business Network are engaged in the business of offering agritech related technologies, system, and software, which would help in boosting the market growth. Also, availability of large number of commercial farms and start-ups in the US will further help in fueling the penetration of agritech in the region. North America held the largest revenue share of global agritech market in 2019 and it is anticipated to cont...