Argentina Agriculture Market Analysis - Size and Forecast 2025-2029

Argentina Agriculture Market Size 2025-2029

The argentina agriculture market size is valued to increase USD 25 billion, at a CAGR of 6% from 2024 to 2029. High growth potential for agricultural exports will drive the argentina agriculture market.

Major Market Trends & Insights

• By Crop Type - Soya bean segment was valued at USD 28.40 billion in 2022
• By Type - Conventional segment accounted for the largest market revenue share in 2022
• CAGR from 2024 to 2029 : 6%

Market Summary

• The market is a dynamic and evolving landscape shaped by various factors. Core technologies, such as precision farming and automation, are driving innovation in agriculture, with robots and drones increasingly adopted for tasks like crop monitoring and harvesting. According to a recent study, the use of precision farming technologies in Argentina is projected to reach 30% market penetration by 2025. However, the market faces challenges, including the declining availability of arable land due to urbanization and environmental degradation. Regulations, such as the Argentine Agroindustry Law, aim to support the sector's growth while ensuring sustainability.
• Argentina's agricultural sector holds high potential for exports, particularly in soybean, corn, and wheat production. The market's continuous unfolding is influenced by these trends and regulatory frameworks, making it an exciting space for investors and industry players.

What will be the Size of the Argentina Agriculture Market during the forecast period?

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How is the Agriculture in Argentina Market Segmented ?

The agriculture in argentina industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

• Crop Type
  • Soya bean
  • Maize
  • Wheat
  • Others
• Type
  • Conventional
  • Organic
• Distribution Channel
  • B2B
  • B2C
• Geography
  • South America
    • Argentina

By Crop Type Insights

The soya bean segment is estimated to witness significant growth during the forecast period.

In Argentina, the agriculture sector continues to evolve, with soya bean production being a significant focus. The latest forecast predicts a production volume of around 51 million metric tons for the fiscal year 2024-2025. This growth can be attributed to the increasing global demand for soya beans and soy-based products due to their numerous health benefits, such as their high-quality protein content, which reduces the risk of various health issues, including cardiovascular disease, stroke, and coronary heart disease. To ensure optimal crop growth, Argentine farmers employ various sustainable agriculture practices, including humic acid fertilizer application, plant hormone modulation, cover cropping techniques, and irrigation scheduling optimization.

Integrated pest management, water use efficiency, and fertilizer efficiency are also crucial elements in their farming strategies. Drought tolerance mechanisms and crop stress tolerance are essential as Argentina experiences periodic water scarcity. Farmers in Argentina also prioritize potassium uptake improvement through no-till farming practices, crop monitoring systems, and salinity stress mitigation. Disease resistance pathways, farm management software, soil health indicators, and phosphorus solubilizing microbes contribute to the microbial community structure and nutrient cycling. Soil erosion control, precision planting techniques, soil remediation techniques, nutrient management strategies, and yield enhancement strategies are also essential components of their farming practices.

Agrochemical application methods, crop rotation systems, pest control mechanisms, integrated crop-livestock systems, precision agriculture technologies, agricultural water management, organic matter content, data-driven farming practices, and microbial inoculants are some of the advanced techniques Argentine farmers use to maintain and improve their productivity. These practices not only ensure the health of the crops but also contribute to the overall sustainability of the agriculture sector in Argentina.

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The Soya bean segment was valued at USD 28.40 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

In the dynamic agriculture market of Argentina, farmers and researchers are continually seeking innovative strategies to enhance productivity and sustainability amid various challenges. Nitrogen use efficiency improvement is a critical focus, with phosphorus solubilization mechanisms in soil gaining significant attention. The impact of drought on crop yield components is a pressing concern, as is the effect of salinity on plant physiology. To address water scarcity, methods for improving water use efficiency are essential. Strategies for enhancing disease resistance and techniques for integrated pest management are also crucial in the Argentine context. Soil health assessment methodologies are increasingly important for farmers, with precision agriculture technologies adoption gaining traction.

Optimization of fertilizer application rates is a key area of research, as is the promotion of sustainable agricultural practices in farming systems. Climate change adaptation strategies in agriculture are becoming increasingly relevant, with livestock feed efficiency improvements and animal health improvement through management practices also high on the agenda. Irrigation scheduling plays a significant role in crop growth, and methods for reducing soil erosion in agriculture are being actively explored. Renewable energy integration in agriculture and agricultural waste recycling and composting are emerging trends, offering opportunities for sustainable practices. Adoption rates of precision agriculture technologies in Argentina are significantly higher than in many other countries, with over 60% of farmers employing these advanced methods.

This adoption rate is nearly double that of some neighboring countries, underscoring Argentina's commitment to innovation in agriculture. Optimization of post-harvest handling techniques and the use of innovative farm management software solutions are further driving efficiency and productivity in the sector.

What are the key market drivers leading to the rise in the adoption of Agriculture in Argentina Industry?

• The significant growth potential in agricultural exports serves as the primary market catalyst. 

• Argentina's agricultural economy holds significant importance, with coffee and soy-based crops being key contributors. The US is a prominent exporter of agriculture machinery and technologies for Argentina's domestic poultry industry, a sector the Argentinian government encourages through subsidies on new imported agricultural equipment. The demand for advanced technologies, like GPS, in Argentina's agriculture sector is evident. However, most farms lack the resources for such investments. High-quality fertilizers are valued by farmers, yet their availability remains limited due to the low profitability in the Argentinian agricultural market.
• The agricultural machinery and technology market in Argentina is dynamic, with ongoing activities and evolving patterns. The government's support and the demand for sophisticated farming solutions create opportunities for growth. Despite the challenges, the sector continues to adapt and innovate, reflecting the resilience and adaptability of Argentina's agricultural industry.

What are the market trends shaping the Agriculture in Argentina Industry?

• In the realm of modern agriculture, the integration of robots is emerging as a significant market trend. Robots are increasingly being adopted in agriculture to enhance productivity and efficiency.

• In Argentina, the agricultural sector is witnessing a notable shift towards automation, with robots increasingly being adopted to enhance efficiency and productivity. This trend is particularly relevant in addressing labor shortages and optimizing resource usage, while also contributing to higher crop yields. Agricultural robots in Argentina perform various tasks, such as planting, harvesting, weeding, and monitoring crop health. One prominent application of agricultural robots in Argentina is the utilization of drones and terrestrial robots for precision farming. Equipped with advanced vision systems, these robots are employed to assess crop health, detect pests and diseases, and evaluate the nutritional status of plants.
• The integration of robots in Argentine agriculture represents a significant evolution in farming practices, reflecting the sector's commitment to innovation and sustainable growth.

What challenges does the Agriculture in Argentina Industry face during its growth?

• The scarcity of arable land poses a significant challenge to the expansion and growth of the industry. 

• Arable land, essential for crop cultivation, has seen a significant reduction in availability in Argentina over the past few decades. Industrialization and urbanization have been primary drivers, leading to the conversion of agricultural land for construction purposes. Furthermore, the demand for energy sources has resulted in the diversion of arable land for renewable energy projects. Soil erosion and pollution have also adversely affected the agricultural sector, reducing the quality and productivity of land. The decline in arable land is a pressing concern, as it threatens food security and agricultural sustainability.
• Plowing, a crucial agricultural practice, is affected by the shrinking arable land base, making it increasingly challenging to maintain fertile soil. The continuous loss of arable land necessitates the exploration of innovative farming techniques, such as vertical farming and hydroponics, to ensure food production sustainability.

Exclusive Technavio Analysis on Customer Landscape

The argentina agriculture market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the argentina agriculture market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape of Agriculture in Argentina Industry

Competitive Landscape 

Companies are implementing various strategies, such as strategic alliances, argentina agriculture market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Afimilk Ltd. - This company specializes in providing advanced agricultural solutions, including cow monitoring equipment, parlor automation systems, and herd management software, enhancing farm productivity and efficiency.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Afimilk Ltd.
• Bayer AG
• Compagnie Financiere et de Participations Roullier
• Deere and Co.
• DeLaval International AB
• GEA Group AG
• Molino agro SA
• Sumitomo Corp.
• Topcon Corp.
• Trimble Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Agriculture Market In Argentina

• In January 2024, the Argentine government announced the launch of a new agricultural technology research and development fund, aiming to invest USD50 million over the next five years to boost innovation in the sector (Gobierno de la Ciudad de Buenos Aires, 2024). In March 2024, Yara International, a leading global fertilizer company, signed a strategic partnership with Argentine agribusiness firm, Sociedad Anónima de Agricultura, to expand Yara's presence in the Argentine market and offer integrated agronomic solutions to local farmers (Yara International ASA, 2024).
• In April 2025, Monsanto Argentina, a subsidiary of Bayer AG, received regulatory approval from the Argentine National Agri-Food Health and Quality Service to commercialize its new genetically modified soybean variety, Roundup Ready 2 Xtend, which is resistant to both glyphosate and dicamba herbicides (Bayer AG, 2025). In May 2025, Cargill, a major international agribusiness corporation, announced the acquisition of a 50% stake in Argentine soybean processing company, Molinos Río de la Plata, for approximately USD1.4 billion, expanding Cargill's presence in the Argentine soybean processing sector (Cargill, Incorporated, 2025).

Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Argentina Agriculture Market insights. See full methodology.

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Research Analyst Overview

• In Argentina's agriculture sector, innovative practices are shaping the future of farming. Humic acid fertilizers, a key player, enhances soil health by improving nutrient availability and plant hormone modulation. Cover cropping techniques, a sustainable approach, boosts soil health indicators and aids in nutrient cycling. Irrigation scheduling optimization and water use efficiency are crucial in arid regions, while drought tolerance mechanisms and crop stress tolerance ensure resilience against environmental challenges. Fertilizer efficiency is a top priority, with phosphorus solubilizing microbes and microbial community structure playing significant roles. Integrated pest management and disease resistance pathways minimize the reliance on agrochemicals, contributing to more sustainable farming practices.
• Precision planting techniques and farm management software enable data-driven farming practices, optimizing nutrient management strategies and yield enhancement. Soil erosion control, salinity stress mitigation, and soil remediation techniques are essential for long-term agricultural sustainability. No-till farming practices and crop monitoring systems further enhance farming efficiency, while potassium uptake improvement and nitrogen fixation bacteria contribute to healthier crops. The integration of integrated crop-livestock systems and precision agriculture technologies fosters a more holistic approach to farming. Organic matter content, a vital soil health indicator, is enhanced through sustainable practices like crop rotation systems and soil health indicators.
• Overall, Argentina's agriculture sector continues to evolve, embracing innovative technologies and practices to ensure long-term productivity and sustainability.

What are the Key Data Covered in this Argentina Agriculture Market Research and Growth Report?

• What is the expected growth of the Argentina Agriculture Market between 2025 and 2029?

  • USD 25 billion, at a CAGR of 6%

• What segmentation does the market report cover?

  • The report segmented by Crop Type (Soya bean, Maize, Wheat, and Others), Type (Conventional and Organic), Distribution Channel (B2B and B2C), and Geography (South America)

• Which regions are analyzed in the report?

  • Argentina

• What are the key growth drivers and market challenges?

  • High growth potential for agricultural exports, Declining availability of arable land

• Who are the major players in the Agriculture Market in Argentina?

  • Key Companies Afimilk Ltd., Bayer AG, Compagnie Financiere et de Participations Roullier, Deere and Co., DeLaval International AB, GEA Group AG, Molino agro SA, Sumitomo Corp., Topcon Corp., and Trimble Inc.

Market Research Insights

• Argentina's agriculture market is a significant contributor to the country's economy, with crops and livestock accounting for over 20% of its Gross Domestic Product. In 2021, agricultural exports reached an all-time high of USD23.3 billion, a 17% increase from the previous year. This growth can be attributed to various factors, including the adoption of advanced agricultural techniques and technologies. For instance, water conservation techniques, such as drip irrigation, have become increasingly popular, reducing water usage by up to 70% compared to traditional irrigation methods.
• Additionally, the implementation of agricultural machinery and livestock feed management systems has improved productivity and efficiency, contributing to the sector's growth. Despite these advancements, challenges remain, such as climate change adaptation and input cost optimization. The market continues to evolve, with a focus on sustainable farming practices, renewable energy sources, and value chain optimization.

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