Food Security Technology Market
Food Security Technology Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Food Security Technology Market Size and Growth
The Food Security Technology market is witnessing robust growth, driven by increasing global demand for sustainable agricultural solutions. Valued at approximately $15 billion in 2023, it is projected to expand at a CAGR of 10% through 2030, fueled by advancements in precision agriculture, data analytics, and innovative food distribution technologies.
Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Kraft Foods
◍ Mahindra and Mahindra
◍ Cargill
◍ Bayer
◍ Novozymes
◍ Nestle
The Food Security Technology Market features key players like BASF, Kraft Foods, Mahindra and Mahindra, Cargill, Bayer, Novozymes, and Nestle, focusing on sustainable agriculture, innovative food processing, and biotechnology. Their efforts enhance food production, reduce waste, and improve supply chains, thereby driving growth in the market.
- BASF: $23 billion (2022)
- Cargill: $134.9 billion (2022)
- Nestle: $95.7 billion (2022)
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Market Segmentation
By Application
Goverment
Private
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By Product
No-till technique
Genetic engineering
Bio seeds
Micro irrigation
Other
Market Growth
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$ 37.59 million
