Market Insights and Analysis: Carbon Farming Market Overview and Projections (2023-2028)
The Carbon Farming Market is estimated to grow at a CAGR of around 11.58% during the forecast period, i.e., 2023-28.
Top leading companies in the Carbon Farming Market includes:
By Agriculture – BASF SE, Agoro Carbon Alliance {Yara International}, Indigo Ag, Inc., Bayer AG, CropX Inc., Agri, Agrible, AgroSmart, Conservis, Trimble, Others
By Forestry – Ecosphere+, Pachama, Silvi Carbon, TerraCarbon, New Forest Advisory Pty Limited, Finite Carbon, Others
Recent Development:
- 2023: CropX announced the acquisition of a precision irrigation startup, Tule Technologies, to strengthen its analytics platforms & enter into drip-irrigated specialty crops in California, such as tree nuts & vineyards, to promote Carbon farming.
- 2022: BASF Agriculture Solutions announced a collaboration with Boortmalt, one of the leading malted barley providers, to deliver various tools & platforms to support climate-smart farming practices & reduce CO2 emissions associated with barley production in Ireland.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Methods
-Conservation Agriculture
-Agroforestry
-Reforestation
-Grazing Management
-Biochar
By Component
-Hardware
–Sensors
–Drones
–GPS Devices
–Irrigation Systems
–Other Farm Equipment
-Software
–Farm Management Software
–Crop Modelling and Analytics Software
–Climate Modelling Software
–Supply Chain Management Software
–Others (Decision Support Tools, Carbon Accounting, etc.)
-Services
–Carbon Offset Development
–Project management
–Technical Consulting
–Financial Services
–Training
- Among the listed components, the services segment is expected to acquire a substantial share of the market in the forecast years.
By End User
-Agriculture
-Forestry
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Carbon Farming Market Geographic Reach:
The Geographic Reach of the Carbon Farming Market evaluates the spread and significance of Carbon Farming Market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, Australia, Indonesia, Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: Saudi Arabia, Nigeria, Egypt, South Africa, Rest of Middle East & Africa
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