Thailand’s agriculture is entering a new phase—powered by technology and innovation. The Thailand AgriTech Market Growth is strong and steady, with the sector expected to reach USD 113.96 million by 2029, up from USD 80.33 million in 2023. That’s a compound annual growth rate (CAGR) of 6.08%. Backed by over 1.7 trillion baht in investments, this growth shows that both the government and private sector see big potential in modernizing Thai agriculture.
Tech Is Reshaping How Thailand Grows Food: Thailand AgriTech Market Growth
At the core of this shift is smart farming. Thai farmers are using AI and IoT to better manage water, fertilizers, and weather risks. These tools help boost efficiency and yield—making it easier to meet global quality standards. Real-time data from automated crop monitoring systems and predictive analytics allows farmers to make quick, informed decisions. With food demand rising, especially in urban areas, these tools help farmers do more with less.
Strong Support from the Government
Thailand’s government isn’t sitting on the sidelines. It has rolled out platforms like AGROWTH and embraced the Bio-Circular-Green (BCG) economic model. These initiatives promote sustainability and aim to make Thai agriculture more competitive on the world stage.
A key part of this strategy is training 50,000 AI specialists in the next five years. Many of these skilled professionals will focus on agriculture-related applications, helping farmers use advanced technologies in everyday operations.
Digital Infrastructure Is Fueling Thailand AgriTech Market Growth
Another factor driving the Thailand AgriTech Market Growth is the investment in digital infrastructure. New data centers and cloud services are making it easier for farms, both large and small, to adopt precision farming. Farmers can now access smart tools, apps, and platforms that used to be out of reach. This access helps close the digital gap between rural and urban areas, bringing the benefits of AgriTech to more communities.
Startups Are Pushing Innovation
Thailand’s startup scene is also joining the movement. The country now has 81 agricultural startups, with a growing number focusing on deep tech solutions like robotics and biotechnology.
While fewer than 15 specialize in advanced technologies, the ecosystem is expanding. These startups are building new tools for crop health, supply chain management, and sustainable production. Their innovation is key to scaling smart agriculture across the country.
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Meeting Urban Demand with Vertical Farming
As cities grow, so does the need for fresh food produced close to home. That’s where urban and vertical farming come in. In places like Bangkok, farmers are using IoT and hydroponics to grow crops in stacked layers, using far less land and water.
These systems are not only space-efficient, they’re also more sustainable. They allow year-round production and reduce the carbon footprint of transporting food from rural to urban areas.
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A Market Full of Promise
Thailand is clearly committed to using technology to secure its food future. With billions already invested, a skilled workforce in the making, and smart tools reaching more farmers, the Thailand AgriTech Market Growth story is just beginning. As demand for food rises both locally and globally, Thailand is positioning itself as a leader in sustainable, tech-driven agriculture.
