The Agriculture Market in Argentina is being driven by High growth potential for agricultural exports
The Agriculture Market in Argentina is expected to grow at a CAGR of 6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 25 billion. In Argentina's agricultural sector, the integration of robotic technology is a noteworthy trend, driven by the imperative to enhance productivity and efficiency in farming. This technological shift is pivotal in mitigating labor shortages, optimizing resource utilization, and boosting crop yields. Agricultural robots in Argentina are deployed for various tasks, such as planting, harvesting, weeding, and monitoring crop health. One prominent application of agricultural robots in Argentina is the utilization of drones and terrestrial robots for precision farming. Equipped with sophisticated vision systems, these robots are employed to assess crop health, detect pests and diseases, and evaluate the nutritional requirements of plants.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
0 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2025-2029 |
USD 25 billion |
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Market structure |
market_structure.ucfirst |
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YoY growth 2024-2025(%) |
5.3 |
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Key countries |
Argentina, South America, and Argentina |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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In Argentina, the agriculture sector encompasses various commodities such as wheat, grapes, bananas, apples, limes, lemons, pears, onions, carrots, peppers, chilies, beans, turnips, oranges, peaches, avocados, and strawberries. The consumption, export, and import analysis of these metric ton crops reveal significant impacts of the pandemic on supply and distribution. Organic food demand, chronic diseases like cancer, and the average wheat price are key factors influencing the market. Wheat is a major crop, with an average price and significant exports, while fruits and vegetables, including grapes, bananas, apples, limes, lemons, pears, onions, carrots, peppers, chilies, beans, turnips, oranges, peaches, avocados, and strawberries, represent the fresh vegetable segments with varying import/export trends. The pandemic effect on agriculture in Argentina has led to disruptions in supply chains and increased demand for organic food. Chronic diseases like cancer also contribute to the growing demand for healthy food options.
The Agriculture Market in Argentina experiences significant growth in various sectors, with key commodities including Wheat, Grapes, Bananas, Apples, Limes, Lemons, and Pears. According to our market analysis, consumption of these crops is steadily increasing, leading to a higher demand for efficient Agricultural and Farm Machinery. Technavio's market research reveals that the global Agricultural and Farm Machinery market is thriving, with a focus on supply and distribution of equipment such as tractors, harvesters, irrigation systems, and livestock machinery. The market size is calculated based on metric ton and average wheat crop yields, with the growth driven by an increasing number of product launches from key players. Export Analysis indicates that Argentina is a significant exporter of agricultural products, particularly wheat, grapes, and fruit, necessitating advanced machinery for optimal production and distribution. Import Analysis shows that Argentina imports machinery to enhance productivity and efficiency in its farming sector. Overall, the Agricultural and Farm Machinery market in Argentina is a crucial component of the country's agricultural industry, ensuring sustainable farming practices and economic growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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