What is the Market Demand for Agritech Platform?

The global agritech platform market is expected to grow from US$ 16.9 billion in 2025 to US$ 42.8 billion by 2032, expanding at a CAGR of 14.2%. This growth is driven by increasing adoption of AI, IoT, and machine learning to improve crop yields, reduce costs, and enhance sustainability. Platforms like FBN in the U.S. and DeHaat in India are revolutionizing agriculture by providing farmers with data-driven insights, direct market access, and automation tools. Asia Pacific is emerging as a key region, supported by public-private partnerships. With smart greenhouses, ML-powered crop monitoring, and drone-based solutions, agritech platforms are becoming essential to modern farming.