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US Farming as a Service Market Research Report: By Service Type (Farm Management Solutions, Production Assistance, Access to Markets), By Delivery Model (Subscription, Pay-per-use) and By End User (Corporate, Financial Institutions, Advisory Bodies, Farmers, Governments) - Forecast to 2035


ID: MRFR/ICT/13395-HCR | 100 Pages | Author: Garvit Vyas| December 2023

US Farming as a Service Market Overview:


As per MRFR analysis, the US Farming as a Service Market Size was estimated at 0.77 (USD Billion) in 2023. The US Farming as a Service Market Industry is expected to grow from 1.05(USD Billion) in 2024 to 5.24 (USD Billion) by 2035. The US Farming as a Service Market CAGR (growth rate) is expected to be around 15.736% during the forecast period (2025 - 2035).


Key US Farming as a Service Market Trends Highlighted


The US Farming as a Service market is witnessing significant growth driven by several key factors. The increasing demand for food due to the growing population and the need for more efficient farming methods are primary market drivers. Agriculture professionals are seeking innovative solutions to optimize crop yields while minimizing resource use, which has led to the rise of technology-led farming services. Additionally, the trend towards sustainability and environmental consciousness among consumers is pushing farmers to adopt practices that reduce their carbon footprint and use resources more judiciously. 


Opportunities to be explored in this market include the integration of data analytics and smart technology within farming operations.The advent of precision agriculture, where farmers can analyze data to make informed decisions, presents a substantial opportunity for service providers. Moreover, advances in drone technology and IoT devices enable more effective monitoring and management of crops. These developments suggest a shift toward a more data-driven approach in farming, making it a fertile ground for investment and innovation. Recent trends also indicate a collaborative approach among farmers, service providers, and technology companies to share resources and knowledge. 


This collaboration not only enhances productivity but also fosters a community of innovation in agricultural practices.As the US seeks to enhance food security while addressing environmental challenges, the Farming as a Service market is poised for continued expansion, driven by technology, sustainability, and cooperation among stakeholders. Such dynamic trends highlight the evolving nature of the agricultural sector in the United States, indicating a transformative period that prioritizes efficiency and environmental responsibility.


US Farming as a Service Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Farming as a Service Market Drivers


Rising Adoption of Precision Agriculture Technologies


The US Farming as a Service Market Industry is witnessing a significant rise due to the growing adoption of precision agriculture technologies. These technologies allow farmers to enhance crop yields while reducing input costs. According to the United States Department of Agriculture (USDA), approximately 73% of US farmers are now using some form of precision farming techniques, which translates to a substantial increase in efficiencyan estimated 25% increase in field crop yields.Major players such as John Deere and Trimble are investing heavily in Research and Development (R&D) for these technologies, contributing to better data-driven decisions in farming practices. The ongoing shift towards more sustainable farming methods backed by government initiatives aimed at reducing environmental impact is also driving this trend. As federal funding for agricultural technology continues to increase, the US Farming as a Service Market is expected to thrive as more farms implement these advanced solutions.


Increased Focus on Sustainable Farming Practices


Sustainability is becoming a critical driver in the US Farming as a Service Market Industry. The growing consumer demand for sustainably sourced food is prompting farmers to adopt practices that minimize environmental impact. The USDA estimates that the organic agricultural sector in the US grew by 12% from 2019 to 2021, indicating robust market potential for sustainable farming solutions. Organizations like the National Organic Program are enforcing standards that require farmers to comply with sustainable practices, incentivizing the adoption of Farming as a Service paradigms that promote eco-friendly farming techniques.This trend is expected to continue, with a projected 20% increase in the number of organic farms by 2035 aligned with the growth of the sector.


Growing Demand for Food Due to Population Growth


The ever-increasing US population is a significant driver for the US Farming as a Service Market Industry. According to the US Census Bureau, the country is projected to see a population growth of approximately 10% between 2020 and 2030, reaching over 340 million people. This population boom will lead to a corresponding increase in food demand, putting pressure on agricultural productivity. Farming as a Service models can optimize growing conditions through efficient resource allocation, thus supporting higher yields to meet the needs of the expanding population.The role of established agricultural companies like Cargill, which provide farming services that enhance production capacity, further highlights the industry's potential for growth in response to this demographic trend.


US Farming as a Service Market Segment Insights:


Farming as a Service Market Service Type Insights


The US Farming as a Service Market has demonstrated remarkable growth in recent years, driven by technological advancements and a shift towards more efficient agricultural practices. Within this expansive market, the Service Type segment emerges as a critical area, showcasing a range of offerings that cater to the diverse needs of farmers. A significant component of this segment is Farm Management Solutions, which encompass software and tools designed to optimize farm operations, increase productivity, and ensure sustainable practices. 


These solutions enable farmers to make data-driven decisions, resulting in improved yields and reduced waste.Production Assistance also plays a vital role in the Farming as a Service ecosystem by providing farmers with essential support in the cultivation process, including expert guidance, resources, and innovative technologies that enhance production efficiency. This aspect of the market addresses the increasing need for cost-effective and sustainable farming methods, allowing farmers to thrive amid fluctuating market conditions. 


Additionally, Access to Markets is another incredibly important facet of the Service Type segment, as it connects farmers directly with potential buyers and consumers, facilitating smoother transactions and better pricing.By removing intermediaries, this service type empowers farmers, especially those in rural areas, to reach broader markets and ensure that their products are valued fairly. Together, these components highlight the transformative nature of the US Farming as a Service Market, emphasizing the crucial role that the Service Type segment plays in driving successful agricultural outcomes, supporting farm viability, and enhancing overall productivity across the industry. 


As the farming sector continues to modernize, the demand for these services is expected to grow, providing significant opportunities for innovation and development within the US economy.The confluence of these factors underscores why the Service Type segment is not only important but also essential for the agricultural landscape in the United States, aiding in the transition towards a more sustainable and efficient farming model.


US Farming as a Service Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Farming as a Service Market Delivery Model Insights


The Delivery Model segment of the US Farming as a Service Market is becoming increasingly relevant as the agricultural sector embraces technological advancements and service-oriented solutions. With the market projected to experience significant growth over the next decade, the importance of various delivery models is underscored. Subscription models are appealing due to their predictable revenue streams and ease of use for farmers, allowing them to access essential technologies and services without a high initial investment. This recurring billing format creates a connection between service providers and farmers, ensuring continuous improvement and support.Meanwhile, the Pay-per-use model offers flexibility, enabling farmers to pay for services based on their actual usage, which can significantly reduce financial risk. This model is often preferred by smaller farmers or those testing new technologies, as it allows them to only incur costs when they are actively utilizing services. As sustainability becomes increasingly important, the ability of these models to provide tailored solutions for resource efficiency is enhancing their appeal in the US Farming as a Service Market. The growing trend towards digital transformation in agriculture is driving the adoption of these models, as farmers seek innovative ways to optimize operations and improve yields.


Farming as a Service Market End User Insights


The End User segment within the US Farming as a Service Market exhibits diverse players that significantly contribute to market dynamics. Farmers are crucial in this ecosystem, leveraging technology and services to enhance productivity and sustainability, ensuring food security in the United States. Corporate entities drive innovations and investment, pushing for advancements in agri-tech solutions to meet increasing consumer demands for high-quality and sustainable produce. Financial institutions play a pivotal role by providing necessary funding and financial services tailored to the unique needs of this sector, facilitating growth and innovation.


Advisory bodies enhance market strategies, offering insights and expertise in best practices for efficient farming operations. Governments also influence this segment by implementing policies and grant programs that promote sustainable agricultural practices and support technological adoption among farmers. Such a multi-faceted structure allows for significant collaboration and knowledge-sharing among various stakeholders, contributing to the overall progress and resilience of the US Farming as a Service Market. With robust market growth patterns observed, each participant in this segment is positioned to leverage emerging opportunities while addressing challenges such as climate change and resource management.


US Farming as a Service Market Key Players and Competitive Insights:


The US Farming as a Service Market has emerged as a significant segment within the broader agricultural landscape, driven by technological advancements and the need for more efficient farming practices. With increasing pressure to produce more food sustainably, service-oriented farming models have gained traction, providing farmers with a suite of services that enhance productivity and reduce operational costs. 


These services encompass various aspects, including precision agriculture, farm management software, drone technology, and data analytics. As a result, competition in this market is intensifying, with numerous companies vying for market share by offering innovative solutions tailored to the unique challenges faced by modern farmers. The growing push towards digital transformation in agriculture is creating a fertile ground for both startups and established enterprises to capitalize on the demand for farming as a service.PrecisionHawk has solidified its position in the US Farming as a Service Market through its innovative use of drone technology and data analytics to enhance farming operations. 


The company specializes in providing aerial data and actionable insights that assist farmers in making informed decisions about crop management, monitoring environmental factors, and optimizing yields. PrecisionHawk's strengths lie in its advanced imagery capabilities, including multispectral and thermal imaging, enabling farmers to identify crop health and stress factors effectively. Additionally, the company's commitment to research and development has led to partnerships with various agricultural bodies and institutions, fostering a strong market presence and credibility among farmers looking for reliable service providers in the precision agriculture domain.Iteris has carved out a notable niche in the US Farming as a Service Market by focusing on weather analytics and agronomic decision support services. 


The company offers key products that help farmers understand environmental conditions and make informed decisions about planting, irrigation, and pest management. Iteris' strengths include its comprehensive weather data and analytics platform, which integrates with various farm management systems to deliver tailored recommendations to farmers. The company's market presence is bolstered by its strategic partnerships and collaborations within the agriculture sector, enhancing its visibility and impact. Furthermore, Iteris has actively sought to expand its capabilities through mergers and acquisitions, allowing it to integrate advanced technologies and broaden its service offerings in the US market. This strategic approach positions Iteris as a strong contender in the growing Farming as a Service landscape, offering solutions that are increasingly vital for farmers facing climate uncertainties and operational challenges.


Key Companies in the US Farming as a Service Market Include:




  • PrecisionHawk




  • Iteris




  • AgJunction




  • Corteva Agriscience




  • Trimble




  • Taranis




  • Monsanto




  • Syngenta




  • AG Leader Technology




  • SenseFly




  • Farmers Business Network




  • Topcon Agriculture




  • XAG




  • Bayer




  • Raven Industries




US Farming as a Service Market Industry Developments


The US Farming as a Service Market is experiencing noteworthy advancements, particularly with key players such as PrecisionHawk, Trimble, and Corteva Agriscience leading the charge. Recent developments indicate an uptick in the adoption of precision agriculture technologies aimed at optimizing crop yields and reducing costs. In June 2023, AgJunction announced a strategic partnership with a technology firm to enhance their autonomous farming solutions, showcasing a growing interest in automation within the sector. Additionally, in April 2023, Syngenta's acquisition of a regional agribusiness highlighted consolidation trends in the market, as companies look to expand their service offerings and customer bases. The valuation of companies within this market has notably increased due to rising investment in innovative agritech solutions, which has facilitated advancements in data analytics and drone technology, with companies like Taranis and SenseFly making significant contributions. In the past two years, the market has seen continuous integration of IoT devices and data-driven insights into farming practices, leading to more efficient operations. Moreover, the push for sustainable farming methods has been further amplified, driven by both governmental incentives and growing consumer demand for environmentally friendly practices.


US Farming as a Service Market Segmentation Insights


Farming as a Service Market Service Type Outlook



  • Farm Management Solutions

  • Production Assistance

  • Access to Markets


Farming as a Service Market Delivery Model Outlook



  • Subscription

  • Pay-per-use


Farming as a Service Market End User Outlook



  • Corporate

  • Financial Institutions

  • Advisory Bodies

  • Farmers

  • Governments

  •  

Report Attribute/Metric Source: Details
MARKET SIZE 2018 0.77(USD Billion)
MARKET SIZE 2024 1.05(USD Billion)
MARKET SIZE 2035 5.24(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 15.736% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED PrecisionHawk, Iteris, AgJunction, Corteva Agriscience, Trimble, Taranis, Monsanto, Syngenta, AG Leader Technology, SenseFly, Farmers Business Network, Topcon Agriculture, XAG, Bayer, Raven Industries
SEGMENTS COVERED Service Type, Delivery Model, End User
KEY MARKET OPPORTUNITIES Precision agriculture technology integration, Sustainable farming practices adoption, Growing demand for organic produce, Advanced data analytics utilization, Climate-resilient farming solutions development
KEY MARKET DYNAMICS Technological advancements, Labor shortage, Sustainability initiatives, Increasing farm productivity, Cost efficiency
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Farming as a Service Market is expected to be valued at 1.05 billion USD in 2024.

By 2035, the market is projected to reach a value of 5.24 billion USD.

The expected CAGR for the US Farming as a Service Market during the forecast period is 15.736%.

Farm Management Solutions is expected to have the largest growth, valued at 2.24 billion USD by 2035.

The Production Assistance segment is expected to be valued at 1.74 billion USD by 2035.

Key players in the market include PrecisionHawk, Corteva Agriscience, Trimble, and Bayer, among others.

The Access to Markets segment is anticipated to reach 1.26 billion USD by 2035.

The increasing demand for agricultural efficiency and productivity is a significant growth driver for the market.

Advancements in technology are driving innovation and efficiency, consequently boosting market growth.

The market provides various services that assist farmers in managing operations, production, and access to markets effectively.

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