Agriculture

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the South Africa Agricultural Machinery Market size at USD 0.81 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   South Africa Agricultural Machinery Market   size to grow at a CAGR of 7.64% reaching a value of USD 1.26 billion by 2030. Growing agro-industrial and agricultural sectors, as well as an increase in the use of cutting-edge technology and equipment to boost productivity, are key drivers of the South Africa agricultural machinery market. Furthermore, the government's financial assistance and subsidies for farm mechanization are also expected to offer lucrative growth opportunities for the Agricultural Machinery Market in South Africa. Opportunity: Launch of new agricultural equipment and machinery South Africa is emerging as a lucrative market for agricultural equipment and machinery companies. As a result, the ...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Tractor Market size at USD 1,935.72 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   India Tractor Market   size to expand at a CAGR of 5.55% reaching a value of USD 2,676.82 million by 2030. The Tractor Market in India is propelled by the government’s supportive initiatives focused on rural development. India holds a prominent position in the global tractor market, consistently selling between 600,000 to 700,000 tractors annually from 2016 to 2021. Two-wheel drive tractors outpace four-wheel-drive counterparts in popularity within the Indian market. Domination of the agriculture tractor market is evident among indigenous Indian Original Equipment Manufacturers (OEMs), including Mahindra & Mahindra Limited, TAFE, International Tractors Ltd (Sonalika), and Escorts Limited. International players, such as Deer...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia Pacific Animal Feed Market size at USD 60,772.03 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   Asia Pacific Animal Feed Market   size to grow at a CAGR of 7.31% reaching a value of USD 99,556.75 million by 2030. The Asia Pacific Animal Feed Market is driven by increasing demand for meat products from growing population and rapid urbanization. Growing awareness of animal nutrition, coupled with a focus on livestock health and productivity, fuels the demand for quality feed. Economic development and a shift toward higher protein diets further contribute to market growth. Opportunity –  Specialty feed surge fuels unprecedented growth In the dynamic landscape of the Asia Pacific Animal Feed Market, the escalating demand for specialty feeds emerges as a major growth driver. The surge, driven by evolving consu...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Australia Agricultural Machinery Market size at USD 1.28 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the   Australia Agricultural Machinery Market   size to grow at a significant CAGR of 8.29% reaching a value of USD 2.07 billion by 2029. Major growth drivers for the Australia Agricultural Machinery Market include a growing emphasis on mechanization and increasing introduction of innovative products from key industry players. This shift is propelled by the imperative to enhance productivity quality, coupled with a decreasing farming workforce. The country's expansive land availability allows it to meet domestic needs and export agricultural products. Notably, tractors and combine harvesters dominate the agricultural machinery sector, supported by a well-established network of regional and local manufacturers. The Trac...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Drip Irrigation Market size at USD 1.04 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the   India Drip Irrigation Market   size to grow at a significant CAGR of 12.83% reaching a value of USD 2.15 billion by 2029. Major growth drivers for the India Drip Irrigation Market include increasing trend in greenhouse vegetable production, coupled with a growing emphasis on sustainable and precision agriculture practices. India heavily relies on agriculture, predominantly rain-fed. It creates a ripe environment for promoting drip irrigation in the market. Rajasthan, a northwestern Indian state facing severe water scarcity, has witnessed a significant uptake of drip irrigation due to its adaptability. Indian farmers are increasingly urged to adopt drip irrigation systems in open fields to optimize water usage and enhance ag...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia-Pacific Genetically Modified (GMO) Seeds Market size at USD 5.65 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the   Asia Pacific Genetically Modified Seeds Market   size to grow at a significant CAGR of 9.57% reaching a value of USD 9.77 billion by 2029. Asia-Pacific Genetically Modified (GMO) Seeds Market is propelled by the growing population and demand for food driving the adoption of high-yielding genetically modified crops for enhanced agricultural productivity. Technological advancements in biotechnology and seed development, coupled with a rising need for pest-resistant and drought-tolerant crops, contribute to market growth. Government initiatives supporting the adoption of genetically modified seeds for sustainable agriculture further fuel the market growth. Also, the awareness about the benefits such as ...