Us Intelligent Agriculture Market: Key Insights into Consumer Preferences
Intelligent Agriculture Market was valued at USD 16.3 Billion in 2022 and is projected to reach USD 29.6 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
The U.S. intelligent agriculture market is experiencing rapid growth, driven by technological advancements and the increasing need for sustainable farming practices. In 2023, the market was valued at approximately USD 1.5 billion and is projected to reach around USD 10.2 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 24.5%. citeturn0search0 Artificial Intelligence (AI) plays a pivotal role in this transformation, enhancing crop monitoring, soil analysis, and predictive analytics. The AI in agriculture market is expected to grow from USD 1.7 billion in 2023 to USD 4.7 billion by 2028, at a CAGR of 23.1%. citeturn0search5 Smart agriculture technologies, including precision farming, livestock monitoring, and smart greenhouses, are gaining traction. The global smart agriculture market was valued at USD 22.65 billion in 2023 and is anticipated to grow at a CAGR of 13.7% from 2024 to 2030. citeturn0search1 The adoption of AI in agriculture is accelerating due to several key factors. In 2023, the United States Department of Agriculture's National Institute of Food and Agriculture (NIFA) announced a USD 70 million investment in sustainable agricultural initiatives. These initiatives aim to meld research, education, and extension efforts, fostering resilient and climate-smart food and agricultural systems, with a particular emphasis on AI applications in food production. citeturn0search8 The integration of AI and smart technologies in agriculture is revolutionizing the industry, offering solutions to enhance productivity, sustainability, and efficiency. As the market continues to expand, stakeholders are increasingly leveraging these technologies to address the challenges of modern farming.
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Who are the largest Global manufacturers in the Intelligent Agriculture Market?
- AeroFarms
- Gotham Greens
- Plenty (Bright Farms)
- Lufa Farms
- Beijing IEDA Protected Horticulture
- Green Sense Farms
- Garden Fresh Farms
- Mirai
- Sky Vegetables
- TruLeaf
- Urban Crops
- Sky Greens
- GreenLand
- Scatil
- Jingpeng
- Metropolis Farms
- Plantagon
- Spread
- Sanan Sino Science
- Nongzhong Wulian
- Vertical Harvest
- Infinite Harvest
- FarmedHere
- Metro Farms
- Green Spirit Farms
- Indoor Harvest
- Sundrop Farms
- Alegria Fresh
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Intelligent Agriculture Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Intelligent Agriculture Market
By Technology Adoption
- Precision Agriculture
- Smart Irrigation Systems
- Automation and Robotics
- Drones and Aerial Imaging
- Artificial Intelligence and Machine Learning
By Crop Type
- Cereals and Grains
- Fruits and Vegetables
- Oilseeds and Pulses
- Legal Cash Crops
- Others (e.g., ornamental crops, herbs)
By Farming Type
- Organic Farming
- Conventional Farming
- Sustainable Farming
- Hydroponics and Aquaponics
- Vertical Farming
By Farm Size
- Small Scale Farms (less than 10 acres)
- Medium Scale Farms (10 to 100 acres)
- Large Scale Farms (more than 100 acres)
- Corporate Farms
By Application Area
- Crop Monitoring
- Pest Management
- Soil Health Management
- Yield Prediction
- Supply Chain Management
Which regions are leading the Global Intelligent Agriculture Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Intelligent Agriculture Market Research Report, 2024-2032
1. Introduction of the Global Intelligent Agriculture Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Intelligent Agriculture Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Intelligent Agriculture Market, By Type
6. Global Intelligent Agriculture Market, By Application
7. Global Intelligent Agriculture Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Intelligent Agriculture Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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