How has the production agriculture market evolved, and where is it heading next?
The production agriculture market size has grown strongly in recent years. It will grow from $167.66 billion in 2024 to $179.48 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increasing environmental concerns, increasing use of modern agricultural inputs, increasing digital connectivity, increasing transportation, and increasing agricultural pests and diseases.
The production agriculture market size is expected to see strong growth in the next few years. It will grow to $237.92 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to the growing need to conserve natural resources, expansion of agricultural trade, changes in consumer preferences, investment and financing, and international trade agreements. Major trends in the forecast period include advanced analytics and big data, sustainable practices and indoor farming, artificial intelligence and machine learning, genomics and biotechnology and CRISPR technology.
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What are the key drivers behind the rapid expansion of the production agriculture market?
The increasing adoption of modern agricultural methods is expected to propel the growth of the production agriculture market going forward. Modern agricultural methods refer to techniques that enhance productivity and sustainability through innovations such as genetically modified seeds and organic farming practices. The rise in the adoption of modern agricultural methods is driven by the need for increased crop yields, improved resistance to pests and diseases, and enhanced sustainability. Modern agricultural methods help to improve safety in production agriculture by incorporating advanced technologies such as automated machinery, precision farming tools, and safety monitoring systems, which reduce the risk of accidents and improve overall efficiency. For instance, in July 2024, according to the US Department of Agriculture, a US-based governmental department, around 90% of U.S. corn and cotton fields were planted with genetically modified seeds — corn with herbicide-tolerant traits and cotton with insect-resistant traits in 2024. Additionally, in May 2024, according to the Department for Environment, Food, and Rural Affairs, a UK-based governmental department, in 2023, the total area of land farmed organically in the UK was 498,000 hectares. Therefore, the increasing adoption of modern agricultural methods is driving the growth of the production agriculture market.
What is the segmentation for the production agriculture market?
The production agriculture market covered in this report is segmented —
1) By Components: Solution, Services
2) By Deployment Modes: Cloud, On-Premises
3) By Farm Size: Large Farms, Medium-Sized Farms, Small Farms
4) By Application: Farm Analytics, Livestock Analytics, Aquaculture Analytics
Subsegments:
1) By Solution: Farm Management Software, Precision Farming Tools, Automated Machinery, Irrigation Systems
2) By Services: Consulting Services, Maintenance and Support, Farm Advisory Services, Data Analytics Services
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Who are the most influential companies in the production agriculture market?
Major companies operating in the production agriculture market are BASF SE, The Dow Chemical Company, Bayer CropScience Ltd., Deere & Company, Nutrien Ltd., Sumitomo Chemical Company Limited, Kubota Corporation, Corteva Inc., Syngenta Group, Lanxess AG, UPL Limited, FMC Corporation, ADAMA Ltd., Nufarm Limited, Coromandel International Limited, Kumiai Chemical Industry Co Ltd., Nippon Soda Co Ltd., PI Industries Limited, Valent USA LLC, Dhanuka Agritech Limited, Isagro S.p.A., Certis USA LLC, W. Neudorff GmbH & Co. KG, Sulphur Mills Limited, Traction Ag
What are the most influential trends expected to drive the production agriculture market forward?
Major companies operating in the production agriculture market are focusing on developing biological crop protection solutions, such as bio fungicides, to enhance crop health and sustainability while reducing environmental impact. A biofungicide refers to a biological agent used to control fungal diseases in plants, typically derived from natural organisms or their byproducts. For instance, in August 2023, FMC India Private Limited, an India-based agricultural sciences company, launched ENTAZIA, a groundbreaking biological crop protection product formulated with Bacillus subtilis. This innovative solution provides farmers with a powerful and eco-friendly tool to defend their crops from fungi, especially bacterial leaf blight in rice, which can severely affect yield and quality. It offers an effective and sustainable approach to safeguarding crops while preserving environmental integrity.
What are the major regional insights for the production agriculture market, and which region holds the top position?
North America was the largest region in the production agriculture market in 2024. The regions covered in the production agriculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Production Agriculture Market Report 2025 Offer?
The production agriculture market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Production agriculture refers to the systematic process of growing crops and raising animals for the purpose of producing food, fiber, and other agricultural products. Production agriculture utilizes advanced technology and efficient farming practices to optimize crop yields and livestock productivity, ensuring a steady supply of food and other agricultural products.
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