The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Carbon Farming Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

Carbon Farming Industry Analytical Overview (2023-2028): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, Carbon Farming market is projected to grow at a CAGR of around 11.58% during the forecast period, i.e., 2023-28. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2023 to 2028.

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What is Included in Carbon Farming Market Segmentation?

The report has segmented the market into the following categories:

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

By End User

• Agriculture
• Forestry

The Agriculture sector held a substantial share of the market historically, and the same trend is anticipated to continue in the forecast years as well. Agriculture is responsible for a significant portion of greenhouse gas emissions globally, particularly from livestock production & the usage of nitrogen fertilizers. Thus, by adopting this farming practices such as precision & regenerative agriculture, farmers are achieving emission reduction, higher farming revenues, and even generating significant carbon credits.

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

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Key Factor Driver Carbon Farming Industry Growth by 2028

Increasing Need to Accurately Measure & Verify Carbon Sequestration in Agricultural Systems - Carbon farming entails technologies, such as sensors, satellites, machine learning algorithms, etc., to measure & monitor carbon sequestration in soil & vegetation. The ability of these technologies to provide more accurate & cost-effective methods for measuring & verifying carbon sequestration and to get access to carbon credits & other financial incentives is leading to greater adoption of this farming among farmers. As a result, several digital farming providers, such as Indigo Ag, BASF, Bayer, etc., are increasingly establishing partnerships, collaborating, and launching new solutions in the global markets to gain emerging revenue growth opportunities.

Who are the Key Players Operating in the Carbon Farming Industry?

The top companies of the Carbon Farming market ruling the industry are: 

• riculture
• BASF SE
• Agoro Carbon Alliance (Yara International)
• Indigo Ag, Inc.
• Bayer AG
• CropX Inc.
• Agri
• Agrible
• AgroSmart
• Conservis
• Trimble

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FAQs (Frequently Ask Questions)

1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
2. What are the trends influencing the current scenario of the Carbon Farming Market?
3. What are the key factors that would propel and hinder the industry?
4. Which geographical area dominates the Carbon Farming industry?
5. Which is the Leading segment in the market?

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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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