Dublin, Jan. 14, 2025 (GLOBE NEWSWIRE) -- The "Agriculture Carbon Sequestration Market - A Global and Regional Analysis: Focus on Application, Product, Policy Analysis - Analysis and Forecast, 2024-2034" report has been added to ResearchAndMarkets.com's offering.
The agriculture carbon sequestration market was valued at $155.0 million in 2023 and is expected to grow at a CAGR of 17.74% and reach $912.9 million by 2034.
The demand for agriculture carbon sequestration solutions has been rapidly increasing, driven by their essential role in mitigating climate change, enhancing soil health, and supporting sustainable farming practices. The integration of advanced technologies, such as soil sensors and satellite imagery, allows farmers to measure and monitor carbon capture levels, enabling data-driven decisions that improve efficiency and environmental impact.
Moreover, the growing adoption of regenerative agriculture techniques has been driving the need for more reliable and scalable carbon sequestration methods. Carbon monitoring and verification system innovations have further strengthened their adoption, ensuring transparency and compliance across various farming operations.
With growing awareness of agriculture role in reducing greenhouse gas emissions and supportive government policies, carbon credit incentives, and corporate sustainability goals, the adoption of carbon sequestration techniques has been expanding globally. As the demand for scalable, eco-friendly solutions intensifies, the agriculture carbon sequestration market is expected to witness significant growth, driven by advancements in monitoring technologies, data-driven approaches, and global commitments to net-zero emissions.
In 2023, North America accounted for a substantial 38.33% share of the global agriculture carbon sequestration market, valued at $59.4 million. This significant market presence has been driven by favorable government incentives and policies, including initiatives such as the USDA's Conservation Stewardship Program, which promotes regenerative farming practices and carbon credit generation.
The region's advanced technological capabilities, particularly in precision agriculture and digital carbon monitoring platforms, further enhance the adoption of carbon sequestration techniques. Additionally, major players such as Indigo Ag, known for its innovative carbon farming programs, position North America as a key hub for sustainable agriculture practices and carbon credit trading.
Industrial Impacts
The industrial impact of the agriculture carbon sequestration market extends across the agricultural sector, promoting sustainable practices and addressing climate change challenges. The adoption of carbon sequestration techniques drives innovation in soil management, regenerative farming, and agroecological methods, fostering the development of integrated systems that balance productivity with environmental stewardship.
This market stimulates collaboration among agritech firms, carbon credit providers, policymakers, and farmers, setting new industry benchmarks for sustainable agriculture. By aligning with global carbon reduction targets and sustainability goals, the market supports resource-efficient farming practices, enhances soil health, and helps combat climate change, reinforcing its critical role in the agricultural sector's transformation.
The key players operating in the agriculture carbon sequestration market include Soil Capital, Indigo Agriculture, Yara, Carbon8 Systems, Cool Farm Alliance, Corteva Agriscience, BASF, Syngenta, Carboculture, and Charm Industrial. These companies have been focusing on strategic partnerships, collaborations, and acquisitions to enhance their product offerings and expand their market presence.
Crop Farming Application to Lead the Market (by Application)
In 2023, the crop farming segment led the agriculture carbon sequestration market. This dominance is because of the increasing global emphasis on regenerative agriculture practices that improve soil health while sequestering carbon. Techniques such as cover cropping, no-till farming, and agroforestry are being widely adopted to meet sustainability goals and enhance agricultural resilience against climate change.
The strong push from governments and organizations toward promoting soil carbon storage and financial incentives, such as carbon credits, further accelerates the adoption of these practices. Additionally, growing consumer demand for sustainably sourced food and stringent environmental regulations are driving agribusinesses to integrate soil carbon enhancement techniques into their operations.
Natural-Based Solution to Lead the Market (by Type)
The agriculture carbon sequestration market is dominated by natural-based solutions due to their ability to deliver sustainable carbon capture while promoting ecosystem health. Practices such as agroforestry, wetland restoration, and regenerative farming utilize natural ecosystems to absorb and store atmospheric carbon effectively.
These solutions are favored for their scalability, cost-efficiency, and multiple co-benefits, including biodiversity conservation and soil fertility improvement. Increased governmental and corporate support and consumer demand for eco-friendly agricultural practices drive adoption. Furthermore, advancements in monitoring technologies and carbon credit frameworks make natural-based solutions an economically viable and environmentally impactful approach to carbon sequestration in agriculture.
Recent Developments in the Agriculture Carbon Sequestration Market
- In August 2024, the Silva Carbon Origination Fund, which aims to give access to large-scale, high-integrity carbon credits from nature-based initiatives in Australia that promote reforestation and sustainable agriculture, was launched today by investment manager Silva Capital and carbon assets. Silva also announced the fund's first close, announcing that foundation investors Qantas, Rio Tinto, BHP, and other mining corporations had contributed a combined $53 million (A$80 million). According to Silva, the fund's goal is to raise $250 million.
- In August 2024, CinSOIL, a German startup, developed software to assist Agri-Food businesses in decarbonizing their supply chains onsite. To fully realize the potential of soil carbon sequestration, CinSOIL's solution incorporates an artificial intelligence (AI) tool that monitors soil carbon dynamics correctly using satellite data.
- In February 2024, with the announcement of the successful completion of its third carbon crop, Indigo Ag, a pioneer and reliable partner in sustainable agriculture, cemented its standing as the leading company in carbon projects. With 163,048 carbon credits generated, Indigo Ag is the only company to complete three large-scale carbon harvests. The program is still expanding, as seen by increases in the number of farmers participating, fields filed, and credits produced year after year.
Key Market Players and Competition Synopsis
The companies that are profiled in the agriculture carbon sequestration market have been selected based on inputs gathered from primary experts, who have analyzed company coverage, product portfolio, and market penetration.
Some of the prominent companies in this market are:
- Soil Capital
- Indigo Agriculture
- Yara
- Carbon8 Systems
- Cool Farm Alliance
- Corteva Agriscience
- BASF
- Syngenta
- Carbo Culture
- Charm Industrial
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 159 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value (USD) in 2024 | $178.3 Million |
| Forecasted Market Value (USD) by 2034 | $912.9 Million |
| Compound Annual Growth Rate | 17.7% |
| Regions Covered | Global |
Agriculture Carbon Sequestration Market Dynamics
Business Drivers
- Government Policies and Incentives
- Carbon Markets Expansion
Business Challenges
- Lack of Standardization in Carbon Markets
- Limited Farmer Awareness and Participation
Business Opportunities
- Development of Monitoring and Verification Technologies
- Carbon Credit Aggregation Platforms
Trends: Current and Future Impact Assessment
- Carbon Emission in Agriculture
- Carbon Mitigation Potential
Current Market Status
- Active and Planned Carbon Sequestration Projects as of May 2024 (by Key Country)
- Price of CO2 Allowance (by Key Country), 2019-2023
Funding Landscape
- Funding Policy Landscape
- Funding Gap Analysis, 2020-2030
- Startup Funding Summary
Regulatory Policy
- North America
- U.S. Agency for International Development (USAID) Climate Strategy
- Europe
- The Green Deal
- EU Carbon Farming Initiative
- CAP Measures for Carbon Sequestration
- Asia-Pacific
- Rest-of-the-World
- Impact Analysis
- COVID-19 Pandemic
- Russia-Ukraine War
- Role of International Agreement and Partnership
- Evaluation of Carbon Sequestration Policies (by Stage of Development)
- Case Studies
Existing Carbon Sequestration Methodology
- Sustainable Crop Land Farming Practices
- Crop Rotation and Cover Crops
- Agroecological Practices
- Wetland Restoration
- Biochar Application
- Improved Pastures
- Livestock Management Techniques
- Manure Management
- Feed Additives
- Grazing Management
- Biotechnology and Genetic Selection
- Methane Capture
- Biotechnology and Genetic Selection
- Deep-Rooted Crops
- High Resistance to Environmental Stressors
- Precision Agriculture Techniques
- Conservation Tillage
- Optimal Fertilizer Application
- Agroforestry Practices
Upcoming Carbon Sequestration Methodologies
- Microbial-Based Carbon Sequestration Market
- Nanotechnology for Targeted Nutrient Delivery
- Carbon Capture and Utilization in Agriculture
- Blockchain Technology for Transparent Carbon Offset Market
Future Market Road Map
For more information about this report visit https://www.researchandmarkets.com/r/lxajij
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