Agriculture Drones Market Size, And Overview 2030
The global agriculture drone market size was valued at USD 4.17 billion in 2022 and is anticipated to grow from USD 4.98 billion in 2023 to USD 18.22 billion by 2030, exhibiting a CAGR of 20.3% during the forecast period. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/agriculture-drones-market-102589 Market Driver Skyrocketing Demand for Food Worldwide to Propel the Market The most critical factor driving the agriculture drone market growth is the expected levels of demand for food and grains worldwide in the next few decades. According to the UN, by 2050, world population will reach 9.1 billion, with sub-Saharan Africa’s population projected to grow the fastest. To meet the food requirements of this surging number of people, the Food and Agriculture Organization (FAO) estimates that the overall food production will need to rise by 70% and production in developing countries will need to double from the current levels. Agric...