MARKET OVERVIEW
The Brazil smart agriculture market size reached USD 404.31 Million in 2024 and is projected to reach USD 794.85 Million by 2033, growing at a CAGR of 7.80% during 2025-2033. This growth is driven by expanding use of IoT and automation, favorable government policies, and the increasing need for sustainable farming. The fast-growing agribusiness sector along with infrastructure development further fuels market demand.
STUDY ASSUMPTION YEARS
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
BRAZIL SMART AGRICULTURE MARKET KEY TAKEAWAYS
- Current Market Size: USD 404.31 Million in 2024
- CAGR: 7.80% from 2025 to 2033
- Forecast Period: 2025-2033
- Expansion driven by adoption of IoT, sensors, drones, and automation technologies enhancing productivity and precision farming.
- Brazilian government initiatives like ‘Mais Alimento’ boost output and efficiency, with dairy production increases of 63% and earnings up 204%.
- Agribusiness export growth encourages smart technology investments for improved crop quality and compliance with global standards.
- Technological advancements elevate productivity by 15%-25% with firms like AgroIntelli and Solinftec leading in AI-driven solutions.
- Regional segmentation covers Southeast, South, Northeast, North, and Central-West, reflecting comprehensive market coverage.
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MARKET GROWTH FACTORS
Smart agriculture in Brazil uses the Internet of Things, and smart agriculture in Brazil uses automated processes. IoT devices for example sensors drones and autonomous tractors enable data collection and monitoring in crop health weather and soil providing real-time perceptions for decision-making and improving precision agriculture practices. Irrigating and automating pesticides can increase yield and lower labor costs. The field of precision agriculture is being developed with new AI and IoT. Agritech startups such as AgroIntelli and Solinftec are emerging as a response to food and labor shortages, raising productivity by 15%-25%.
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Programs, such as ‘Mais Alimento’, enable expansion. In addition to increasing milk production by 63%, farmer income by 204%, and pastureland by 30%, it reduces water consumption by 50% and production variation by 30%. These incentives encourage acceptance of precision agriculture and association with technology providers, enabling Brazil to create an educated and technology-savvy agricultural population.
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The expansion of agribusiness and exports is a key driver of demand for smart agriculture. Brazil exports several top commodities in the world, like soybeans, coffee and sugar; smart agriculture technologies associate with increases in quality and yield. Satellites image and models learn from machines to optimize when to harvest and the quality for markets that are international. Sustainable exports make foreign investments happen in response to Brazil competing and an energetic agribusiness sector suiting global market demands.
MARKET SEGMENTATION
Agriculture Type Insights:
- Precision Farming
- Livestock Monitoring
- Smart Greenhouse
- Others
Offering Insights:
- Hardware
- Software
- Service
Farm Size Insights:
- Small
- Medium
- Large
Regional Insights:
- Southeast
- South
- Northeast
- North
- Central-West
RECENT DEVELOPMENTS & NEWS
On April 13, 2023, Agrosmart, a Brazilian digital farming startup, announced its advancements in smart agriculture by using IoT technologies like soil sensors and drones to assist over 100,000 Latin American farmers, boosting crop sustainability and economic resilience. The company also partnered with major corporations including Cargill and Coca-Cola to improve sustainability in their supply chains. On April 29, 2024, Intelsat partnered with CNH Industrial to provide advanced satellite connectivity to remote farms in Brazil, equipping farm machinery with ruggedized satellite terminals that offer reliable multi-orbit connectivity to enhance productivity and overcome connectivity barriers in less accessible areas.
KEY PLAYERS
- AgroIntelli
- Solinftec
- Agrosmart
- Intelsat
- CNH Industrial
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