Mexico Smart Agriculture System Market Research Report, 2029

Mexico's agricultural system is characterized by a complex interplay of land use, population dynamics, and socio-economic factors. Approximately 55% of Mexico's land area is designated for agriculture, with a significant portion of this land being held communally as ejidos and comunidades, which were established during the agrarian reforms post-Mexican Revolution. Despite this substantial agricultural land availability, only a small fraction is irrigated, leading to low productivity levels, particularly among smallholder farmers who often operate at a fraction of the efficiency of larger commercial farms. The agricultural sector employs about 15-20% of the population, predominantly in rural areas where poverty rates are significantly higher than in urban settings. This rural poverty is exacerbated by the historical inequities in land distribution and the recent neoliberal policies that have favored large-scale agricultural enterprises over small farms. While smallholders contribute notably to food security and biodiversity, their role has diminished due to structural changes in the agricultural market driven by globalization and trade agreements like NAFTA. The challenges faced by these farmers highlight the need for targeted support to enhance their productivity and sustainability, thereby addressing both economic and social disparities within the agricultural landscape. According to the research report "Mexico Smart Agriculture Market Research Report, 2029," published by Actual Market Research, the Mexico Smart Agriculture market is expected to reach a market size of more than USD 1095.7 Million by 2029. The smart agriculture market in Mexico is experiencing notable growth, driven by technological advancements and the increasing need for sustainable farming practices. As global pressures mount from climate change and population growth, Mexican agriculture is gradually adopting innovative solutions such as precision farming, data analytics, and IoT technologies to improve efficiency and yield. These technologies enable farmers to make data-driven decisions that optimize resource use, reduce waste, and enhance crop resilience against environmental stresses. The push towards smart agriculture aligns with broader national goals of achieving food sovereignty and reducing rural poverty. Government initiatives are increasingly focusing on integrating technology into traditional farming practices, providing farmers with access to modern tools and training. This transition not only aims to boost productivity but also seeks to foster a more sustainable agricultural framework that can adapt to changing climatic conditions while ensuring food security for the growing population.

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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Mexico's agricultural sector is witnessing a transformative shift towards precision technologies. Precision agriculture, with its focus on data-driven insights, is gaining traction, enabling farmers to optimize resource utilization, enhance yields, and minimize environmental impact. Precision fish farming is emerging as a sustainable solution for aquaculture, utilizing advanced technologies to monitor and control water quality, feeding, and growth conditions. The smart greenhouse market is expanding, offering climate-controlled environments for year-round crop production, reducing reliance on weather conditions. Precision livestock monitoring is gaining momentum, enabling farmers to track animal health, behavior, and productivity, leading to improved animal welfare and efficiency. The forestry market is embracing technology for sustainable forest management, utilizing drones and satellite imagery for monitoring deforestation, optimizing timber harvesting, and promoting reforestation efforts. The hardware segment is thriving as farmers invest in advanced technologies such as drones, sensors, and GPS-guided machinery, which enhance precision farming practices and optimize resource management. This trend is particularly vital in regions facing water scarcity, where efficient irrigation systems can dramatically improve crop yields. The software segment is also expanding, with a growing adoption of data analytics platforms and farm management software that enable farmers to make informed decisions based on real-time data, improving productivity and reducing costs. Additionally, the services segment is evolving, as agricultural consultancy and support services become essential for farmers looking to implement smart technologies effectively. Companies are increasingly offering training and technical support to help farmers transition to these advanced systems. COVID-19 Impacts: COVID-2019 has a substantial impact on agriculture in two key areas: the supply and demand for food. These two factors have a direct impact on food security. Due to mobility constraints, less buying power, and a disproportionate impact on the most disadvantaged demographic groups, food demand and, consequently, food security are significantly impacted. Governments adopt increasingly extreme steps to restrict the virus's spread as cases rise, which also has an impact on the world's food supply. Although some governments take the opposite tack, the fundamental tenet of any policy taken should be to safeguard the population's health and food security at the expense of economic growth.

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Rahul Jagtap

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Considered in this report • Geography: Mexico • Historic Year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Mexico smart agriculture Market with its value and forecast along with its segments • Application wise smart agriculture distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Based on types: • Precision agriculture • Precision Fish Farming • The smart greenhouse market • The Precision Livestock Monitoring market, • The forestry market

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Based on offering: • Hardware • Software • Services The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agricultural industry, food & beverage industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.