AgriTech Revolution: Transforming Global Agriculture Through Innovation and Investment
The global agritech market is experiencing remarkable transformation, driven by technological innovation and increasing demand for sustainable agricultural solutions. Currently valued at $24.42 billion in 2024, the market is projected to reach $48.98 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.30%. This growth is fueled by the convergence of digital technologies such as artificial intelligence, IoT, robotics, and biotechnology with traditional farming practices, creating unprecedented opportunities for enhancing agricultural productivity, sustainability, and food security worldwide.
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