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Japan Agritech Market Overview
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 1,573.69 Million
Market Forecast in 2033: USD 4,019.03 Million
Market Growth Rate: 10.98% (2025-2033)
According to the latest report by IMARC Group, the Japan agritech market size reached USD 1,573.69 million in 2024. Looking forward, IMARC Group expects the market to reach USD 4,019.03 million by 2033, exhibiting a CAGR of 10.98% from 2025 to 2033.
Japan Agritech Industry Trends and Drivers:
The Japanese agritech market is expanding rapidly, fueled both by the commitment of Japan's farmers—and, equally important, the government's initiatives to expand digital transformation in agriculture, including support (both financial and training) towards technologies and practices such as precision farming, IoT sensors, and smart greenhouses—all meant to improve agricultural productivity. Japan faces some significant challenges in its agriculture sector, such as a declining and aging farming population, labor shortages, limited arable land, and the need for greater production and sustainability in the face of daunting climate change challenges and growing urbanization. In addition, based on sector data, there is a huge demand for eco-friendly farming practices. This has created opportunities for digital and precision farming supported by "high-tech" solutions such as drones for aerial monitoring, AI-based crop management systems, and biotechnology aimed at developing resilient crop varieties, to name a few.
The technological advancements across multiple sectors around drones and AI are allowing farmers to better manage their resources and reduce waste, yielding greater overall productivity across higher value aerobic agricultural production, including rice, vegetables, aquaculture, and so forth. The demand for more ecologically-friendly production has given rise to innovations such as vertical farming and hydroponics which allow for year-round production in areas with limited space and low ecological footprint. There has also been an increase in collaboration between technology firms, start-ups, and agricultural cooperatives to develop technological solutions tailored for small, medium, and large-scale farms. These groups are increasingly making investments to acquire relevant big data and blockchain capabilities to enhance transparency in their supply chains that can help them reach the Japanese government's national objectives for carbon neutrality by 2050 and international competitiveness in the export of premium produce. Lastly, the agritech sector benefits from a slew of new applications in livestock monitoring, soil health monitoring, and alternative proteins to meet consumer needs.
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Japan Agritech Market Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Japan agritech market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments:
Type Insights:
Application Insights:
Regional Insights
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Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Japan agritech industry.
Other Key Points Covered in the Report:
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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