This statistic illustrates the number of people employed in agriculture in the United Kingdom (UK) from 2003 to 2023. In 2023, the workforce in the agriculture sector was made up of approximately 419 thousand people. Additionally, the share of food sector employment in the total workforce in the United Kingdom can be found at the following. UK agriculture Agriculture is a large part of the economy in the United Kingdom. In 2021, the projected gross value added of agriculture was about 12.1 billion British pounds, an increase from previous years. The total agricultural land area in the United Kingdom was about 18.1 million hectares in 2022 and has remained fairly constant since 2003. Crop production in the UK The value of fresh vegetable production in the UK has been increasing since 2014 and was valued at about 1.8 billion Great British pounds in 2022. The value of potato production has fluctuated in recent years, but had a value of 705 million Great British pounds in 2022 with about 4.8 million tons of potatoes harvested.
This publication gives information about the aggregate income of the UK agriculture sector, known as Total Income from Farming (TIFF), a measure of the performance of the whole agricultural industry. Aggregate agricultural accounts are a tool for analysing the economic situation of agriculture and are used to support policy making in the UK and EU.
Total Income from Farming is income generated by production within the agriculture industry including subsidies and represents business profits and remuneration for work done by owners and other unpaid workers. It excludes changes in the values of assets, including stocks, due to price changes but includes non-agricultural activities such as further processing or tourist activities where these cannot be separated from the agricultural business. It is the preferred measure of aggregate income for the agricultural industry conforming to internationally agreed national accounting principles required by the UK National Accounts.
The aggregate balance sheet for the United Kingdom agricultural industry values the total assets and liabilities for agriculture at the end of each calendar year and estimates the net worth of the industry.
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This statistic displays the annual value of machinery expenses in Northern Ireland from 2010 to 2022. The annual expenditure on farm machinery generally increased over the time in consideration from 131.6 million British pounds in 2010 to 158.8 million British pounds in 2021.
Total factor productivity is a key measure of the economic performance of agriculture and an important driver of farm incomes. It represents how efficiently the agricultural industry uses the resources that are available to turn inputs into outputs. Outputs and inputs are adjusted for quality by weighting the volumes by price.
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As of the first quarter of 2025, there were approximately ********people employed in the agriculture, forestry, and fishing sector in the UK, compared with ********in the first quarter of 2000.
These data sets accompany the tables and charts in each chapter of the Agriculture in the United Kingdom publication. There is no data set associated with chapter 1 of the publication which provides an overview of key events and is narrative only.
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Farmers' income and production incentives, weather conditions, the cost of borrowing and wholesale bypass are key drivers of the performance of agricultural machinery and equipment wholesalers. The biggest wholesalers have strong links with large global agricultural machinery manufacturers, which is a significant source of strength, particularly in harsh market conditions. Revenue is expected to contract at a compound annual rate of 0.8% to £10.6 billion over the five years through 2024-25 despite a 3.8% uptick in revenue in 2024-25. Volatile weather conditions have had a major impact on UK farmers' incomes, with heatwaves and record rainfall leading to low crop yields. Despite the Annual Investment Allowance (AIA) increasing to £1 million in January 2019, designed to incentivise capital expenditure, economic uncertainty and inflation (resulting in a high cost of borrowing) have tempered its effectiveness. Farm consolidation has driven demand for larger, high-tech machinery (high precision, automated systems) as larger farms seek ways to boost efficiency and take advantage of economies of scale. In 2024-25, revenue growth will be supported by a general improvement in economic conditions and a strengthening of the pound. Interest rates are set to fall, encouraging farms to purchase machinery on finance. At the same time, a stronger pound lowers the cost of importing things like tractors and combine harvesters from the EU and other major manufacturing countries. Lower purchase costs will enable wholesalers to cut prices and spark demand from farmers who have postponed major purchases during sky-high interest rates. Growing global demand for meat and vegetables will support UK farmers, particularly as export opportunities expand following the opening of beef exports to China and Japan. The transition to eco-friendly farming, driven by the goal of a net zero agricultural sector by 2040, will encourage investment in electric agricultural machinery. The post-Brexit subsidy scheme will continue to eat into farmers' income, potentially limiting revenue. Revenue is forecast to grow at a compound annual rate of 5.2% over the five years through 2029-30 to £13.7 billion.
The British agricultural sector has a high final energy consumption of fossil fuels. As of 2020, agriculture had a final energy demand of 473 thousand metric tons of oil equivalent of petroleum products and 84 thousand metric tons of oil equivalent worth of natural gas. These figures are expected to increase and reach 967 thousand and 90 thousand metric tons of oil equivalent by 2040, respectively. However, the sector's final energy consumption from renewables sources is expected to remain relatively stable during the period in consideration.
As of the first quarter of 2025, there were approximately ******* men employed in the agriculture, forestry, and fishing sector in the UK, compared with *******women.
Smart Agriculture Market Size 2024-2028
The smart agriculture market size is forecast to increase by USD 10.98 billion at a CAGR of 10.22% between 2023 and 2028.
The market is experiencing significant growth due to several key trends. The availability of affordable cloud services is encouraging farmers to adopt smart farming techniques. Big data is being increasingly utilized in smart farming to enhance crop yields and optimize resource usage.
However, the high initial investment required for implementing smart farming remains a challenge for many farmers. Despite this, the benefits of improved crop yields, reduced water usage, and increased efficiency are driving the market forward. Smart agriculture is revolutionizing the agricultural sector by integrating technology into traditional farming practices, leading to more sustainable and productive farming methods.
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The market is experiencing significant growth as farmers and aquaculture farm owners seek to optimize production and improve crop and livestock health through the integration of advanced technologies. The Internet of Things (IoT) and machine learning are driving innovation in this space, enabling remote monitoring and automation of various farm operations.
Smart technologies, such as sensors, RFID, GPS, and Wi-Fi technology, are used to collect real-time data on crop growth, soil conditions, livestock health, and infrastructure health. Automation through robots and automatic feeders is also becoming increasingly common, allowing for more precise and efficient farming practices. Artificial intelligence and machine learning algorithms are used to analyze data and provide recommendations to farmers, improving crop quality and reducing the need for manual labor.
The market for smart agriculture is expected to continue growing as the demand for protein-rich diets drives up the need for more efficient and sustainable farming practices. Smart technologies are transforming traditional agricultural practices, making farming more data-driven and automated, and enabling farmers to make informed decisions in real-time.
How is this Smart Agriculture Industry segmented and which is the largest segment?
The smart agriculture industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Type
Precision farming
Smart greenhouse
Livestock monitoring
Others
Product
Hardware
Software
Services
Geography
North America
Canada
US
Europe
UK
APAC
China
India
South America
Middle East and Africa
By Type Insights
The precision farming segment is estimated to witness significant growth during the forecast period.
In the realm of modern agriculture, the hardware segment holds significant importance In the implementation of smart farming practices. This segment encompasses the physical devices and equipment engineered to boost productivity, efficiency, and sustainability. Key hardware components include sensors and monitoring systems. These devices collect real-time data on environmental factors and crop conditions, measuring parameters such as temperature, humidity, soil moisture, pH levels, nutrient content, and weather conditions. Monitoring systems integrate this data, providing farmers with valuable insights for informed decision-making. Other hardware segments include Internet of Things (IoT) devices, such as remotely operated vehicles (ROVs), automatic feeders, and milking robots, which contribute to precision farming and livestock monitoring.
Additionally, machine learning and artificial intelligence technologies are integrated into hardware systems to optimize crop yields, improve livestock health, and minimize resource consumption. Farm owners of various scales, from large to small, benefit from these smart agricultural technologies, addressing challenges like land fragmentation, input and resource management, and environmental concerns, such as nitrogen cycle management, waterways protection, and land and water degradation. The hardware segment also includes services, such as precision feeding systems, robotic systems, and specialized services, which cater to the needs of farmers and livestock farmers in the decentralized agriculture industry. The software segment, which includes livestock monitoring solutions, livestock feeding systems, livestock biometrics, and fish farm monitoring, complements the hardware segment by providing real-time data analysis, variable rate technology, smart irrigation controllers, and inventory management solutions.
The integration of hardware and software in smart agriculture leads to improved c
Regenerative Agriculture Market Size 2025-2029
The regenerative agriculture market size is forecast to increase by USD 1.11 billion, at a CAGR of 13.5% between 2024 and 2029.
The market is gaining momentum due to escalating environmental concerns, driven by the increasing recognition of the role agriculture plays in mitigating climate change and enhancing ecosystem health. This shift in awareness is further propelled by government initiatives and policies worldwide, promoting sustainable farming practices. However, the market faces challenges, primarily due to the limited understanding and education among farmers regarding the benefits and implementation of regenerative agriculture. This knowledge gap hampers the widespread adoption of these practices, despite their long-term potential to improve soil health, increase biodiversity, and reduce greenhouse gas emissions. To capitalize on the market opportunities and navigate these challenges effectively, companies must invest in educational programs and collaborate with farming communities to promote the adoption of regenerative agriculture.
By addressing the knowledge gap and fostering a culture of sustainability, businesses can contribute to a more resilient agricultural sector and help mitigate the environmental challenges facing our planet.
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The market continues to evolve, driven by the growing demand for sustainable farming practices that prioritize soil health, circular economy principles, and climate change mitigation. Soil testing plays a crucial role in this dynamic landscape, providing farmers with valuable insights to optimize nutrient management and improve overall soil fertility. Market access is another critical factor, as farmers seek to connect with consumers and buyers who value the environmental and health benefits of regenerative agriculture. Circular economy principles are increasingly integrated into regenerative agriculture, with a focus on manure management, phosphorus cycling, and nutrient recycling. Rural development is also a significant consideration, as regenerative agriculture offers opportunities for economic viability and sustainable livelihoods in rural communities.
Sustainability reporting and environmental certification programs help to ensure transparency and accountability in the sector, while policy support from governments and organizations continues to shape the market's direction. Weed control, pest management, and pasture management are ongoing challenges that require innovative solutions, such as sustainable agriculture practices and the integration of livestock. Waste management and water conservation are essential components of regenerative agriculture, with farmers exploring new ways to reduce their environmental impact and improve efficiency. Climate change mitigation is a key driver of market activity, as farmers seek to adopt practices that sequester carbon and reduce greenhouse gas emissions.
Data analytics, precision agriculture, and renewable energy are emerging technologies that offer significant potential for improving the economic viability and sustainability of regenerative agriculture. Farm management software, GPS technology, variable rate technology, and yield monitoring are just a few of the tools that farmers are using to optimize their operations and reduce their environmental footprint. In this continuously evolving market, the focus on sustainability, circular economy principles, and climate change mitigation is driving innovation and growth across various sectors. From soil health to food security, the potential benefits of regenerative agriculture are vast and far-reaching.
How is this Regenerative Agriculture Industry segmented?
The regenerative agriculture industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Benefit
Carbon sequestration
Nutrient cycling
Biodiversity
Method
Aquaculture
Agroecology
Agroforestry
Silvopasture
Others
Type
Livestock farming
Agroforestry-based farming
Arable crop farming
Mixed farming
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
Middle East and Africa
UAE
APAC
China
India
Japan
South Korea
South America
Brazil
Rest of World (ROW)
By Benefit Insights
The carbon sequestration segment is estimated to witness significant growth during the forecast period.
Regenerative agriculture, an environmentally sustainable approa
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Employment in agriculture (% of total employment) (modeled ILO estimate) in United Kingdom was reported at 0.98647 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Employment in agriculture (% of total employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
Success.ai’s Agricultural Data provides unparalleled access to verified profiles of agriculture and farming leaders worldwide. Sourced from over 700 million LinkedIn profiles, this dataset includes actionable insights and contact details for professionals shaping the global agricultural landscape. Whether your objective is to market agricultural products, establish partnerships, or analyze industry trends, Success.ai ensures your outreach is powered by accurate, enriched, and continuously updated data.
Why Choose Success.ai’s Agricultural Data? Comprehensive Professional Profiles
Access verified LinkedIn profiles of farm owners, agricultural consultants, supply chain managers, agribusiness executives, and industry leaders. AI-validated data ensures 99% accuracy, minimizing wasted outreach and improving communication efficiency. Global Coverage Across Agricultural Sectors
Includes professionals from crop farming, livestock production, agricultural technology, and sustainable farming practices. Covers key regions such as North America, Europe, APAC, South America, and Africa. Continuously Updated Dataset
Real-time updates reflect role changes, organizational shifts, and emerging trends in agriculture and farming. Tailored for Agricultural Insights
Enriched profiles include professional histories, areas of specialization, and industry affiliations for deeper audience understanding. Data Highlights: 700M+ Verified LinkedIn Profiles: Gain access to a global network of agricultural and farming professionals. 100M+ Work Emails: Communicate directly with decision-makers in agribusiness and farming. Enriched Professional Histories: Understand career trajectories, expertise, and organizational affiliations. Industry-Specific Segmentation: Target professionals in crop farming, agtech, and sustainable agriculture with precision filters. Key Features of the Dataset: Agriculture and Farming Professional Profiles
Identify and connect with farm operators, agricultural consultants, supply chain managers, and agribusiness leaders. Engage with professionals responsible for farm management, equipment procurement, and sustainable farming initiatives. Detailed Firmographic Data
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Refine searches by region, type of agriculture (crop farming, livestock, horticulture), or years of experience. Customize campaigns to address unique challenges such as climate adaptation or supply chain optimization. AI-Driven Enrichment
Enhanced datasets deliver actionable data for personalized campaigns, highlighting certifications, achievements, and key projects. Strategic Use Cases: Marketing Agricultural Products and Services
Promote farm equipment, crop protection solutions, or livestock management tools to decision-makers in agriculture. Engage with professionals seeking innovative solutions to enhance productivity and sustainability. Collaboration and Partnerships
Identify agricultural leaders for collaborations on sustainability programs, research projects, or community initiatives. Build partnerships with agribusinesses, cooperatives, or government bodies driving agricultural development. Market Research and Industry Analysis
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Precision Agriculture Market Size 2024-2028
The precision agriculture market size is forecast to increase by USD 6.09 billion at a CAGR of 13.63% between 2023 and 2028.
Precision agriculture, fueled by the integration of smart technological innovations, is revolutionizing crop yields and production in the agricultural sector. Technological advances, including GPS, drones, and IoT devices, enable smart agriculture monitoring and farm machinery management. These tools provide real-time data analysis, enhancing decision-making capabilities and optimizing resource utilization. Additionally, digital agriculture platforms and remote sensing technologies offer accurate and timely information, ensuring efficient farming practices. Unmanned aerial vehicles, equipped with AI capabilities, offer extensive coverage and detailed analysis. However, the high initial investment required for implementing these advanced technologies poses a challenge for small-scale farmers.
Data security and privacy concerns are also critical issues that need to be addressed as the agricultural sector transitions to digital platforms. The market is witnessing significant growth due to the rise in investments in agricultural technologies and the need for improved crop yields and production. The integration of smart agricultural technology, such as GPS, drones, IoT devices, and AI capabilities, is transforming farming practices, offering numerous benefits while presenting challenges related to initial investment and data security.
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The market encompasses a range of technologies and services that enhance farming operations through data-driven decision-making and real-time monitoring. Key components include farm machinery equipped with sensors, GPS, and IoT devices, drones for aerial imaging, and monitoring systems for soil conditions, crop health, and weather patterns. These technologies enable navigation, guidance, and variable rate application for optimized crop management. Precision agriculture also incorporates AI and data analytics for site-specific crop management, field mapping, and satellite agriculture. The market's growth is driven by the increasing demand for environmental sustainability, improved crop yields, and operational efficiency.
Specialized systems and software, as well as IT services, play crucial roles in processing and interpreting real-time data for farmers. Overall, precision agriculture represents a significant shift towards on-demand, data-driven agricultural management theory.
How is this Precision Agriculture Industry segmented?
The precision agriculture industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Hardware
Software
Services
Technology
Guidance Technology
Remote Sensing Technology
Variable Rate Technology
Application
Yield Monitoring
Weather Tracking and Forecasting
Field Mapping
Crop Scouting Irrigation Management
Geography
North America
US
Canada
Europe
Germany
Netherlands
UK
APAC
Australia
China
India
Japan
South America
Middle East and Africa
By Product Insights
The hardware segment is estimated to witness significant growth during the forecast period.
The market is experiencing significant growth due to the introduction of advanced hardware and software solutions. Farm machinery, such as tractors and harvesters, are being equipped with sensors, GPS, and data analytics capabilities, enabling farmers to optimize resource usage, improve crop yields, and practice sustainable farming. Drones, equipped with high-resolution cameras and sensors, provide valuable data on crop health, soil conditions, and weather patterns, enabling farmers to make data-driven decisions in real-time. Monitoring systems allow for remote monitoring of irrigation, fertilization, and pest control, reducing labor costs and increasing agricultural productivity. Navigation and guidance technologies, such as GPS receivers and yield monitoring applications, enable variable rate application of inputs, optimizing resource allocation and improving environmental sustainability.
The integration of climate service initiatives and satellite imagery further enhances precision techniques, allowing farmers to make informed decisions based on real-time data. IoT devices, AI, and data-driven decision-making are transforming modern agricultural practices, enabling farmers to conserve water, optimize planting times, and manage inventory and labor more effectively. The precision farming industry continues to evolve, with a focus on automation, resource optimization, and e
Agribusiness Market Size 2025-2029
The agribusiness market size is forecast to increase by USD 843.4 million, at a CAGR of 4.6% between 2024 and 2029.
The market is experiencing significant shifts driven by population growth, which is leading to an increased demand for food production. This trend is placing immense pressure on the industry to find innovative solutions to meet the rising demand, particularly in the context of a shrinking amount of arable land. One response to this challenge is the adoption of automation in agriculture, with technologies such as precision farming, drones, and robotics gaining traction. These solutions aim to optimize resource usage and increase efficiency, enabling farmers to produce more with less land. However, the implementation of automation also presents challenges, including high upfront costs and the need for significant investment in technology and infrastructure.
Additionally, regulatory compliance and data security concerns add complexity to the adoption process. To capitalize on the market opportunities presented by population growth and the need for more efficient agriculture, companies must navigate these challenges and invest in technologies that can help them stay competitive while addressing the sustainability and productivity demands of the industry.
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The market continues to evolve, shaped by various dynamics that impact different sectors. Land use patterns are shifting, with an increasing focus on carbon sequestration and sustainable farming practices. Precision agriculture is revolutionizing yield optimization, while food processing and packaging technologies advance to ensure food safety and traceability. Seed production and agricultural biotechnology are driving innovation in crop production, and harvesting equipment is becoming more efficient and eco-friendly. Food security remains a critical concern, leading to the adoption of irrigation systems, biodiversity conservation, and sustainable farming practices. Livestock feed and breeding are undergoing transformations, with a focus on disease prevention and environmental sustainability.
Pest control methods are evolving, with a shift towards more natural and less harmful alternatives. Supply chain management is becoming more complex, with the integration of farm management software and crop rotation techniques. Water conservation is a priority, with new technologies and practices emerging to address this challenge. Agribusiness investment is on the rise, driven by market volatility and price fluctuations due to climate change adaptation and commodity trading. Direct marketing and consumer dietary trends are influencing food distribution, with a growing demand for locally sourced and organic produce. Vertical farming and agricultural finance are gaining traction, offering solutions to land tenure issues and providing access to capital for small-scale farmers.
The ongoing unfolding of these market activities and evolving patterns underscores the continuous nature of the agribusiness landscape.
How is this Agribusiness Industry segmented?
The agribusiness industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Grains and cereals
Dairy
Oilseeds
Livestock
Others
Application
Agrichemicals
Seed business
Breeding
Machinery and equipment
Technology
Traditional agriculture
Mechanized farming
Precision agriculture and smart farming
Organic and sustainable Farming
Distribution Channel
Retail chains and supermarkets
Wholesale distribution
Direct-to-consumer
Food processing and manufacturing companies
Farm Size
Small-Scale Farms
Medium-Scale Farms
Large-Scale Farms
Geography
North America
US
Canada
Europe
France
Germany
UK
Middle East and Africa
UAE
APAC
China
India
Japan
South Korea
South America
Argentina
Brazil
Rest of World (ROW)
.
By Product Insights
The grains and cereals segment is estimated to witness significant growth during the forecast period.
The market encompasses various sectors, including grains and cereals, dairy production, land use, carbon sequestration, agricultural machinery, organic farming, yield optimization, food security, irrigation systems, biodiversity conservation, supply chain management, livestock feed, livestock breeding, pest control, poultry farming, government subsidies, farm management software, crop rotation, water conservati
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Chemical pesticides are an integral part of Britain's agriculture sector and play a big role in boosting output and productivity. Agrochemical manufacturers' product portfolios are constantly evolving in line with technological advances and trends in the use of pesticides. Industry revenue is expected to slump at a compound annual rate of 2.1% to £1.1 billion over the five years through 2024-25. This includes a 3.5% spike in 2024-25, owing to volatile prices and growing pest threats in some crops, despite poor weather conditions dampening total demand from the agricultural sector. Most pesticides’ active ingredients are petroleum derivates, so volatile oil prices since Russia’s invasion of Ukraine in 2022-23 have resulted in volatile pesticide prices and erratic changes in industry revenue as manufacturers try to pass on the elevated cost. The regulatory framework overseeing the industry has become stricter and regulations now weigh on agrochemical manufacturers' performance. Increasingly strict legislation has narrowed the number of active ingredients that can be used in pesticides for use in the UK and the EU, a trend that will continue gathering steam. This has escalated the costs associated with bringing new active ingredients to the market, prompting consolidation activity to spread out R&D expenses. Environmental, health and safety concerns have also gained momentum, spurring a hike in the use of alternative pesticides and new farming practices that adopt a more holistic approach to pest control – these are competitors for the industry. Regulations stemming from EU law will present challenges for exporters, especially since, so far, the divergence in regulation means there are now 36 types of agrochemical products produced in the UK that can’t be exported to the EU. International trade will remain a key revenue stream for the industry. Agrochemical manufacturers will continue to innovate to improve product performance and downstream appeal, with many diversifying into bio-pesticides and other eco-friendly products. Despite organic farmers and environmental consciousness denting demand for agrochemicals, industry revenue is forecast to inch upwards at a compound annual rate of 1.4% to £1.2 billion over the five years through 2029-30, supported by strong R&D of new pesticides and agrochemical products that meet changing regulatory framework in the UK and abroad. Manufacturers will also need to make sure their products remain effective against changing pests and plant disease patterns while being compatible with precision farming and other growing techniques. This will boost investment and industry revenue.
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The global precision farming and tools market size was valued at approximately USD 7 billion in 2023 and is projected to grow to about USD 15 billion by 2032, showcasing a Compound Annual Growth Rate (CAGR) of 9%. This market growth is driven by technological advancements, increasing adoption of modern farming techniques, and the need for improved crop yields and resource efficiency. Precision farming integrates advanced technologies such as GPS, IoT, AI, and big data analytics to enhance agricultural productivity and ensure sustainable farming practices.
One of the primary growth factors in the precision farming and tools market is the increasing global population, which necessitates higher agricultural productivity. With the world population expected to reach 9.7 billion by 2050, there is immense pressure on the agriculture sector to produce more food. Precision farming helps in optimizing field-level management concerning crop farming. This technology allows farmers to use inputs more efficiently, thereby increasing productivity and profitability while reducing environmental impacts. The convergence of data analytics and IoT devices offers farmers real-time insights and data-driven decisions, further propelling market growth.
Another significant growth factor is the rising awareness and implementation of sustainable farming practices. Environmental concerns have amplified the need for practices that minimize resource wastage and reduce the carbon footprint. Precision farming provides the tools and techniques to use water, fertilizers, and pesticides more efficiently, which not only enhances crop yield but also promotes eco-friendly agriculture. Governments worldwide are also advocating for the adoption of precision farming through subsidies and supportive policies, aiming to ensure food security and environmental sustainability.
The advancements in technology are another major catalyst for market expansion. Innovations in GPS, remote sensing, variable rate technology, and farm management software have revolutionized the way farming is conducted. Drones and satellite imagery offer comprehensive field data, while AI and machine learning algorithms analyze this data to provide actionable insights. The integration of blockchain technology in agriculture supply chains for traceability is also gaining traction. These technological advancements are making precision farming more accessible and cost-effective for farmers, further driving the market growth.
Regionally, North America holds a significant share of the precision farming market due to the high adoption rate of advanced technologies and the presence of key market players. The U.S. and Canada are leaders in implementing precision agriculture practices. Europe follows closely, with countries like Germany, France, and the UK adopting precision farming to bolster their agricultural productivity. The Asia Pacific region is anticipated to witness the highest growth rate due to increasing government initiatives and the need to enhance food production in densely populated countries like India and China. Latin America and the Middle East & Africa are also showing promising growth, driven by the need to modernize agricultural practices.
The precision farming and tools market by component is segmented into hardware, software, and services. The hardware segment includes various devices and equipment such as sensors, GPS systems, drones, and automated machinery. Hardware is the most substantial component segment due to the necessity of these devices in collecting and transmitting real-time data. The adoption of advanced hardware devices has significantly increased as they offer precision in monitoring and managing field activities. The continuous innovation in hardware technologies, such as the development of more sophisticated sensors and drones, is expected to drive the growth of this segment.
The software segment is witnessing rapid growth due to the rising demand for farm management systems that enable data analysis and decision-making. Precision farming software integrates data collected from various hardware devices to provide actionable insights, optimize farm operations, and enhance productivity. Farm management software solutions are becoming increasingly sophisticated, with capabilities such as predictive analytics, crop modeling, and yield forecasting. These software solutions are essential for farmers to analyze historical data, track crop performance, and plan future activities effectively.
Services play
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The United Kingdom biopesticides market, valued at approximately £150 million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 6.5% from 2025 to 2033. This expansion is driven by increasing consumer demand for organic and sustainably produced food, stricter regulations on synthetic pesticides, and growing awareness of the environmental impact of conventional agriculture. The market's growth is further fueled by advancements in biopesticide technology, leading to the development of more effective and targeted solutions for pest control. Key market segments include production analysis (emphasizing the rising domestic manufacturing capacity), consumption analysis (highlighting agricultural sector adoption), and a detailed import/export analysis reflecting the UK's role within the European biopesticide trade network. While challenges such as the relatively high cost of biopesticides compared to synthetic alternatives and potential efficacy limitations in certain applications remain, the overall market outlook is positive. Significant growth drivers include government initiatives promoting sustainable agriculture, increased research and development efforts by leading companies like FMC Corporation, Novozymes Biologicals, and Bayer CropScience AG, and a burgeoning awareness among farmers regarding the long-term benefits of biopesticides in maintaining soil health and biodiversity. The market segmentation reveals a strong focus on key crop types within the UK agricultural landscape, with varying adoption rates depending on pest pressures and regulatory frameworks. Future growth will likely be influenced by factors such as technological breakthroughs enhancing biopesticide efficacy and cost-effectiveness, alongside evolving regulatory landscapes and evolving consumer preferences towards environmentally friendly farming practices. Key drivers for this market are: Need for Custom Product Development, Use of CROs for Regulatory Services. Potential restraints include: Data and Cyber Security Concerns, Lack of Experts and Professionals in this Industry. Notable trends are: Growing Demand for Organic Products.
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Information on farm household income and farm household composition. Source agency: Environment, Food and Rural Affairs Designation: National Statistics Language: English Alternative title: Farm Household Income and Household Composition, England
If you require the datasets in a more accessible format, please contact fbs.queries@defra.gsi.gov.uk
Background and guidance on the statistics
Information on farm household income and farm household composition was collected in the Farm Business Survey (FBS) for England for the first time in 2004/05. Collection of household income data is restricted to the household of the principal farmer from each farm business. For practical reasons, data is not collected for the households of any other farmers and partners. Two-thirds of farm businesses have an input only from the principal farmer’s household (see table 5). However, details of household composition are collected for the households of all farmers and partners in the business, but not employed farm workers.
Data on the income of farm households is used in conjunction with other economic information for the agricultural sector (e.g. farm business income) to help inform policy decisions and to help monitor and evaluate current policies relating to agriculture in the United Kingdom by Government. It also informs wider research into the economic performance of the agricultural industry.
This release gives the main results from the income and composition of farm households and the off-farm activities of the farmer and their spouse (Including common law partners) sections of the FBS. These sections include information on the household income of the principal farmer’s household, off-farm income sources for the farmer and spouse and incomes of other members of their household and the number of working age and pensionable adults and children in each of the households on the farm (the information on household composition can be found in Appendix B).
This release provides the main results from the 2013/14 FBS. The results are presented together with confidence intervals.
Survey content and methodology
The Farm Business Survey (FBS) is an annual survey providing information on the financial position and physical and economic performance of farm businesses in England. The sample of around 1,900 farm businesses covers all regions of England and all types of farming with the data being collected by face to face interview with the farmer. Results are weighted to represent the whole population of farm businesses that have at least 25 thousand Euros of standard output as recorded in the annual June Survey of Agriculture and Horticulture. In 2013 there were just over 58 thousand farm businesses meeting this criteria.
Since 2009/10 a sub-sample of around 1,000 farms in the FBS has taken part in both the additional surveys on the income and composition of farm households and the off-farm activities of the farmer and their spouse. In previous years, the sub-sample had included over 1,600 farms. As such, caution should be taken when comparing to earlier years.
The farms that responded to the additional survey on household incomes and off-farm activities of the farmer and spouse had similar characteristics to those farms in the main FBS in terms of farm type and geographical location. However, there is a smaller proportion of very large farms in the additional survey than in the main FBS. Full details of the characteristic of responding farms can be found at Appendix A of the notice.
For further information about the Farm Business Survey please see: https://www.gov.uk/government/organisations/department-for-environment-food-rural-affairs/series/farm-business-survey
Data analysis
The results from the FBS relate to farms which have a standard output of at least 25,000 Euros. Initial weights are applied to the FBS records based on the inverse sampling fraction for each design stratum (farm type by farm size). These weights are then adjusted (calibration weighting) so that they can produce unbiased estimators of a number of different target variables. Completion of the additional survey on household incomes and off-farm activities of the farmer and spouse was voluntary and a sample of around 1,000 farms was achieved. In order to take account of non-response, the results have been reweighted using a method that preserves marginal totals for populations according to farm type and farm size groups. As such, farm population totals for other classifications (e.g. regions) will not be in-line with results using the main FBS weights, nor will any results produced for variables derived from the rest of the FBS (e.g. farm business income).
Accuracy and reliability of the results
We show 95% confidence intervals against the results. These show the range of values that may apply to the figures. They mean that we are 95% confident that this range contains the true value. They are calcula
Agricultural Equipment Finance Market Size 2024-2028
The agricultural equipment finance market size is forecast to increase by USD 182.8 billion at a CAGR of 6% between 2023 and 2028.
The market is experiencing significant growth due to several key factors. Firstly, the easy accessibility to credit is driving the market, enabling farmers to invest in new and advanced agricultural equipment. Secondly, the replacement of outdated machinery with modern and efficient technology is a major trend for farm equipment, as farmers seek to increase productivity and reduce operational costs. However, the market is not without challenges. The turbulent economic and political environment poses risks, including inflation, interest rate fluctuations, and regulatory changes. These factors can impact the affordability and availability of credit, potentially hindering market growth. Despite these challenges, the market is expected to continue expanding as farmers prioritize investment in technology to enhance their operations and remain competitive.
What will be the Size of the Agricultural Equipment Finance Market During the Forecast Period?
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The market is a vital segment of the farm mechanization industry, facilitating the acquisition of essential machinery and utility vehicles for agricultural enterprises. This market is experiencing significant growth, driven by the increasing demand for credit to finance the purchase of advanced agricultural machinery, including tractors, combines, harvesters, planters, and utility vehicles. Finance companies play a crucial role in providing loans for farm equipment, offering both secured and unsecured options. Online financial platforms are transforming the agricultural equipment finance landscape, providing quick loan approvals and real-time information transparency. Blockchain technology is also gaining traction, offering secure, decentralized transactions and increased efficiency.
Alternative finance options, such as farm loan waivers and agricultural enterprise financing, are increasingly popular among farmers. Agricultural productivity growth, driven by precision agriculture and contract farming, is further fueling demand for agricultural equipment finance. Innovations like drones and advanced machinery are revolutionizing large-scale farming operations, necessitating significant investments. The Farm Service Agency (FSA) and other financial institutions continue to support farmers through various loan programs and services. Overall, the market is a dynamic and evolving sector, adapting to the ever-changing needs of the agricultural industry.
How is this Agricultural Equipment Finance Industry segmented and which is the largest segment?
The agricultural equipment finance industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Type
Lease
Loan
Line of credit
Product
Tractors
Harvesters
Haying equipment
Others
Geography
APAC
China
India
North America
US
Europe
Germany
UK
South America
Middle East and Africa
By Type Insights
The lease segment is estimated to witness significant growth during the forecast period.
The market is characterized by various financing options, including leases, unsecured loans, and specialized loan programs. Leases accounted for the largest market share in 2023 due to their flexibility and convenience. Financing companies offer leases based on the residual fair market value, allowing borrowers to make payments at the end of the lease term if they wish to own the equipment. Alternatively, they can return the equipment to the company. Rental equipment usage is increasing in North America, Western Europe, and APAC due to its cost-effectiveness and ease of access. Additionally, alternative finance platforms, online financial platforms, and finance companies offer quick loan approvals and farm loan waivers to cater to the growing credit demand.
Farmers can acquire a range of agricultural machinery, from utility vehicles and tractors to combines, harvesters, planters, and irrigation equipment, through financing programs. The integration of blockchain technology, fintech, and data analytics in agricultural finance enhances credit scoring and loan processing efficiency. Eco-friendly equipment, precision agriculture, and automated systems are gaining popularity, driving the demand for agricultural equipment financing. Farm size, location, and borrower creditworthiness influence financing options, including loans, leases, lines of credit, and crop loans. Key players include financial institutions, agricultural productiveness research firms, and market research publishers such as Increasery, Increasons, and
This statistic illustrates the number of people employed in agriculture in the United Kingdom (UK) from 2003 to 2023. In 2023, the workforce in the agriculture sector was made up of approximately 419 thousand people. Additionally, the share of food sector employment in the total workforce in the United Kingdom can be found at the following. UK agriculture Agriculture is a large part of the economy in the United Kingdom. In 2021, the projected gross value added of agriculture was about 12.1 billion British pounds, an increase from previous years. The total agricultural land area in the United Kingdom was about 18.1 million hectares in 2022 and has remained fairly constant since 2003. Crop production in the UK The value of fresh vegetable production in the UK has been increasing since 2014 and was valued at about 1.8 billion Great British pounds in 2022. The value of potato production has fluctuated in recent years, but had a value of 705 million Great British pounds in 2022 with about 4.8 million tons of potatoes harvested.