Global Agritech Market Size, Share & Trends Forecast 2032

The Global Agritech Market Size is projected to exceed USD 75,872.5 million by 2032, growing at a CAGR of 13.1% from 2022 to 2032. Agritech defines a wide range of technology utilized in numerous agricultural applications. Agriculture technology generally focuses on the integration and use of extremely cutting-edge technologies with the ultimate goal of greatly increasing the yield and increasing profitability rates. Since it efficiently reduces higher human-generated hazards and faults that are shown in cases of traditional agricultural equipment and goods, agriculture technology has grown in favor.