From GlobeNewswire: 2024-06-19 20:00:00

The Global Agroforestry Market is projected to grow from USD 99.5 Billion in 2023 to USD 194.5 Billion by 2033, with a CAGR of 6.93%. Agroforestry plays a crucial role in biodiversity conservation and ecosystem services, offering environmental benefits such as soil fertility and water conservation. Factors driving market demand include environmental concerns, need for food and timber. Asia-Pacific dominates the market, Middle East & Africa projected to grow the fastest. Major vendors include Agroforestry Systems Inc., and Weyerhaeuser. Recently, GRET launched a suburban agroforestry project in the Democratic Republic of Congo. Global Agroforestry Market Size to Grow from USD 99.5 Billion in 2023 to USD 194.5 Billion by 2033 at a CAGR of 6.93%. Agroforestry is essential for addressing the increasing demand for agricultural and forestry products, reducing global warming, and promoting environmental sustainability. Market demand is driven by concerns over climate change, need for food and timber. Asia-Pacific dominates the market, Middle East & Africa projected to grow the fastest. Key vendors include Agroforestry Systems Inc. and Weyerhaeuser. In January 2019, GRET launched a suburban agroforestry project in the Democratic Republic of Congo.



Read more at GlobeNewswire: Global Agroforestry Market Size To Exceed USD 194.5 Billion