세계의 농업용 탄소 격리 시장 : 용도·제품·지역·정책·기존 및 향후의 격리법·장래의 경로의 분석·예측(2024-2034년)

Agriculture Carbon Sequestration Market Overview

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.

Introduction to Agriculture Carbon Sequestration

Agriculture carbon sequestration refers to the process of capturing and storing atmospheric carbon dioxide (CO2) in agricultural soils, plants, and biomass to mitigate climate change and improve soil health. This practice involves techniques such as cover cropping, crop rotation, conservation tillage, agroforestry, and the application of biochar, which enhances the organic carbon content in soils. By integrating advanced technologies, such as sensors, satellite imagery, and AI-driven monitoring systems, agriculture carbon sequestration enables precise measurement and verification of carbon storage. Serving as a vital strategy in sustainable farming, it helps reduce greenhouse gas emissions, promotes biodiversity, enhances soil fertility, and supports long-term agricultural productivity.

Market Introduction

The agriculture carbon sequestration market has been gaining momentum as the need for sustainable farming practices and climate change mitigation increases. This market focuses on methods and technologies that enable the capture and storage of atmospheric carbon in agricultural soils, utilizing practices such as cover cropping, no-till farming, and agroforestry. With growing awareness of agriculture's 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.

Industrial Impact

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.

Market Segmentation:

Segmentation 1: by Application

• Crop Farming
• Livestock Farming
• Forestry

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.

Segmentation 2: by Type

• Natural-Based Solution
• Technology-Based Solution

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.

Segmentation 3: by Region

• North America: U.S. and Canada
• Europe: Germany, U.K., Italy, France and Rest-of-Europe
• Asia-Pacific: China, Japan, India and Rest-of-Asia-Pacific
• Rest-of-the-World: South America and Middle East and Africa

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.

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.
• In October 2023, the Canadian Alliance for Net Zero Agri-food (CANZA) comprised companies from various agricultural sectors. Canada's agricultural sector is expected to cut emissions by 50 megatons by 2030 and 150 megatons by 2050. To concentrate on straightforward and precise methods of measuring and tracking soil carbon, CANZA launched its first carbon sequestration pilot project in Saskatchewan in collaboration with Kristjan Hebert of Hebert Grain Ventures. The value of carbon as a soil asset can take shape once there is a recognized method for measuring it.

Demand - Drivers, Limitations, and Opportunities

Market Drivers: Government Policies and Incentives

The market for agricultural carbon sequestration is being shaped by government policies and incentives that combine financial support with environmental objectives, making it a powerful growth engine. Regenerative farming techniques, which sequester carbon in the soil to improve soil health and lower emissions, are encouraged by programs such as the EU's CAP Eco-Schemes and the U.S.'s Climate-Smart Agriculture and Forestry program. These policies will be widely adopted since they provide farmers with financial benefits and align with global climate objectives. Such government-backed programs have the potential to revolutionize agriculture in the long run and position it as a vital component of the climate change response. These policies have the ability to cut greenhouse gas emissions greatly, support resilient ecosystems, and develop a sustainable business source through carbon credit markets by integrating carbon farming into conventional agriculture. As a result, sustainable agricultural methods that save natural resources and advance global climate action can help the economy and the environment.

Market Challenges: Lack of Standardization in Carbon Markets

The measurement, verification, and pricing of carbon credits are inconsistent due to the absence of standards in the carbon markets, which is especially problematic for the agricultural sector. Creating internationally accepted standards for carbon sequestration procedures is crucial to resolving the issue. More players would enter the market if clear protocols were established through international cooperation, such as by extending programs such as the EU's CAP Measures and the U.S. Growing Climate Solutions Act. In the end, standardization would promote long-term growth and scalability for the farm carbon market by promoting transparency, lowering price volatility, and enhancing the legitimacy of carbon credits.

Market Opportunities: Development of Monitoring and Verification Technologies

There is a lot of potential for businesses in the agriculture carbon sequestration ecosystem due to the development of monitoring, reporting, and verification (MRV) technology. In order to meet the growing demands of carbon markets and regulators, enterprises may provide transparent, real-time tracking of carbon sequestration by investing in scalable MRV solutions such as blockchain-based platforms and AI-driven analytics. This makes it possible to generate carbon credits more quickly, which is especially advantageous for small and medium-sized farms that had to overcome significant entrance obstacles in the past. Over time, these innovations will strengthen the legitimacy of carbon credits, allowing for increased involvement and propelling the expansion of carbon markets throughout the world. Companies can forge closer ties with large organizations and penetrate new markets by streamlining the verification process and guaranteeing data quality. This will eventually help the agriculture sector adopt carbon sequestration techniques more widely.

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different applications of agriculture carbon sequestration based on application (crop farming, livestock farming, and forestry) and by type (natural-based solution and technology-based solution). The market is expected to significantly expand with ongoing technological advancements, increased investments, and growing awareness of the importance of carbon sequestration. Therefore, the agriculture carbon sequestration business is a high-investment and high-revenue generating model.

Growth/Marketing Strategy: The agriculture carbon sequestration market has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include product development.

Competitive Strategy: The key players in the agriculture carbon sequestration market analyzed and profiled in the study include professionals with expertise in the agriculture and carbon sequestration domains. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.

Research Methodology

Factors for Data Prediction and Modelling

• The base currency considered for the market analysis is US$. Currencies other than the US$ have been converted to the US$ for all statistical calculations, considering the average conversion rate for that particular year.
• The currency conversion rate was taken from the historical exchange rate on the Oanda website.
• Nearly all the recent developments from January 2021 to November 2024 have been considered in this research study.
• The information rendered in the report is a result of in-depth primary interviews, surveys, and secondary analysis.
• Where relevant information was not available, proxy indicators and extrapolation were employed.
• Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
• Technologies currently used are expected to persist through the forecast with no major technological breakthroughs.

Market Estimation and Forecast

This research study involves the usage of extensive secondary sources, such as certified publications, articles from recognized authors, white papers, annual reports of companies, directories, and major databases to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the agriculture carbon sequestration market.

The market engineering process involves the calculation of the market statistics, market size estimation, market forecast, market crackdown, and data triangulation (the methodology for such quantitative data processes is explained in further sections). The primary research study has been undertaken to gather information and validate the market numbers for segmentation types and industry trends of the key players in the market.

Primary Research

The primary sources involve industry experts from the agriculture carbon sequestration market and various stakeholders in the ecosystem. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

The key data points taken from primary sources include:

• validation and triangulation of all the numbers and graphs
• validation of reports segmentation and key qualitative findings
• understanding the competitive landscape
• validation of the numbers of various markets for market type
• percentage split of individual markets for geographical analysis

Secondary Research

This research study of the agriculture carbon sequestration market involves the usage of extensive secondary research, directories, company websites, and annual reports. It also makes use of databases, such as Hoovers, Bloomberg, Businessweek, and Factiva, to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global market. In addition to the aforementioned data sources, the study has been undertaken with the help of other data sources and websites, such as IRENA and IEA.

Secondary research was done in order to obtain crucial information about the industry's value chain, revenue models, the market's monetary chain, the total pool of key players, and the current and potential use cases and applications.

The key data points taken from secondary research include:

• segmentations and percentage shares
• data for market value
• key industry trends of the top players of the market
• qualitative insights into various aspects of the market, key trends, and emerging areas of innovation
• quantitative data for mathematical and statistical calculations

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

Companies that are not a part of the aforementioned pool have been well represented across different sections of the report (wherever applicable).

Table of Contents

Executive Summary

Scope and Definition

1 Markets

• 1.1 Trends: Current and Future Impact Assessment
  • 1.1.1 Carbon Emission in Agriculture
  • 1.1.2 Carbon Mitigation Potential
• 1.2 Current Market Status
  • 1.2.1 Active and Planned Carbon Sequestration Projects as of May 2024 (by Key Country)
  • 1.2.2 Price of CO2 Allowance (by Key Country), 2019-2023
• 1.3 Funding Landscape
  • 1.3.1 Funding Policy Landscape
  • 1.3.2 Funding Gap Analysis, 2020-2030
  • 1.3.3 Startup Funding Summary
• 1.4 Regulatory Policy
  • 1.4.1 North America
    • 1.4.1.1 U.S. Agency for International Development (USAID) Climate Strategy
  • 1.4.2 Europe
    • 1.4.2.1 The Green Deal
    • 1.4.2.2 EU Carbon Farming Initiative
    • 1.4.2.3 CAP Measures for Carbon Sequestration
  • 1.4.3 Asia-Pacific
  • 1.4.4 Rest-of-the-World
  • 1.4.5 Impact Analysis
    • 1.4.5.1 COVID-19 Pandemic
    • 1.4.5.2 Russia-Ukraine War
  • 1.4.6 Role of International Agreement and Partnership
  • 1.4.7 Evaluation of Carbon Sequestration Policies (by Stage of Development)
  • 1.4.8 Case Studies
• 1.5 Market Dynamics Overview
  • 1.5.1 Business Drivers
    • 1.5.1.1 Government Policies and Incentives
    • 1.5.1.2 Carbon Markets Expansion
  • 1.5.2 Business Challenges
    • 1.5.2.1 Lack of Standardization in Carbon Markets
    • 1.5.2.2 Limited Farmer Awareness and Participation
  • 1.5.3 Business Opportunities
    • 1.5.3.1 Development of Monitoring and Verification Technologies
    • 1.5.3.2 Carbon Credit Aggregation Platforms
• 1.6 Existing Carbon Sequestration Methodology
  • 1.6.1 Sustainable Crop Land Farming Practices
    • 1.6.1.1 Crop Rotation and Cover Crops
    • 1.6.1.2 Agroecological Practices
    • 1.6.1.3 Wetland Restoration
    • 1.6.1.4 Biochar Application
    • 1.6.1.5 Improved Pastures
  • 1.6.2 Livestock Management Techniques
    • 1.6.2.1 Manure Management
    • 1.6.2.2 Feed Additives
    • 1.6.2.3 Grazing Management
    • 1.6.2.4 Biotechnology and Genetic Selection
    • 1.6.2.5 Methane Capture
    • 1.6.2.6 Biotechnology and Genetic Selection
      • 1.6.2.6.1 Deep-Rooted Crops
      • 1.6.2.6.2 High Resistance to Environmental Stressors
      • 1.6.2.6.3 Precision Agriculture Techniques
      • 1.6.2.6.4 Conservation Tillage
      • 1.6.2.6.5 Optimal Fertilizer Application
  • 1.6.3 Agroforestry Practices
• 1.7 Upcoming Carbon Sequestration Methodologies
  • 1.7.1 Microbial-Based Carbon Sequestration Market
  • 1.7.2 Nanotechnology for Targeted Nutrient Delivery
  • 1.7.3 Carbon Capture and Utilization in Agriculture
  • 1.7.4 Blockchain Technology for Transparent Carbon Offset Market
• 1.8 Future Market Road Map

2 Application

• 2.1 Application Segmentation
• 2.2 Application Summary
• 2.3 Agriculture Carbon Sequestration Market (by Application)
  • 2.3.1 Application
    • 2.3.1.1 Crop Farming
    • 2.3.1.2 Livestock Farming
    • 2.3.1.3 Forestry

3 Products

• 3.1 Product Segmentation
• 3.2 Product Summary
• 3.3 Agriculture Carbon Sequestration Market (by Raw Material)
  • 3.3.1 Natural-Based Solution
  • 3.3.2 Technology-Based Solution

4 Regions

• 4.1 Regional Summary
• 4.2 North America
  • 4.2.1 Regional Overview
  • 4.2.2 Driving Factors for Market Growth
  • 4.2.3 Factors Challenging the Market
  • 4.2.4 Application
  • 4.2.5 Product
  • 4.2.6 North America (by Country)
    • 4.2.6.1 U.S.
      • 4.2.6.1.1 Application
      • 4.2.6.1.2 Product
    • 4.2.6.2 Canada
      • 4.2.6.2.1 Application
      • 4.2.6.2.2 Product
• 4.3 Europe
  • 4.3.1 Regional Overview
  • 4.3.2 Driving Factors for Market Growth
  • 4.3.3 Factors Challenging the Market
  • 4.3.4 Application
  • 4.3.5 Product
  • 4.3.6 Europe (by Country)
    • 4.3.6.1 Germany
      • 4.3.6.1.1 Application
      • 4.3.6.1.2 Product
    • 4.3.6.2 France
      • 4.3.6.2.1 Application
      • 4.3.6.2.2 Product
    • 4.3.6.3 Italy
      • 4.3.6.3.1 Application
      • 4.3.6.3.2 Product
    • 4.3.6.4 U.K.
      • 4.3.6.4.1 Application
      • 4.3.6.4.2 Product
    • 4.3.6.5 Rest-of-Europe
      • 4.3.6.5.1 Application
      • 4.3.6.5.2 Product
• 4.4 Asia-Pacific
  • 4.4.1 Regional Overview
  • 4.4.2 Driving Factors for Market Growth
  • 4.4.3 Factors Challenging the Market
  • 4.4.4 Application
  • 4.4.5 Product
  • 4.4.6 Asia-Pacific (by Country)
    • 4.4.6.1 China
      • 4.4.6.1.1 Application
      • 4.4.6.1.2 Product
    • 4.4.6.2 India
      • 4.4.6.2.1 Application
      • 4.4.6.2.2 Product
    • 4.4.6.3 Japan
      • 4.4.6.3.1 Application
      • 4.4.6.3.2 Product
    • 4.4.6.4 Rest-of-Asia-Pacific
      • 4.4.6.4.1 Application
      • 4.4.6.4.2 Product
• 4.5 Rest-of-the-World
  • 4.5.1 Regional Overview
  • 4.5.2 Driving Factors for Market Growth
  • 4.5.3 Factors Challenging the Market
  • 4.5.4 Application
  • 4.5.5 Product
  • 4.5.6 Rest-of-the-World (by Country)
    • 4.5.6.1 South America
      • 4.5.6.1.1 Application
      • 4.5.6.1.2 Product
    • 4.5.6.2 Middle East and Africa
      • 4.5.6.2.1 Application
      • 4.5.6.2.2 Product

5 Markets - Market Map of Key Agriculture Carbon Companies

• 5.1 Market Map
• 5.2 Geographic Assessment
  • 5.2.1 Indigo Ag, Inc.
    • 5.2.1.1 Overview
    • 5.2.1.2 Top Products/Product Portfolio
    • 5.2.1.3 Top Competitors
    • 5.2.1.4 Target Customers
    • 5.2.1.5 Key Personnel
    • 5.2.1.6 Analyst View
  • 5.2.2 Soil Capital
    • 5.2.2.1 Overview
    • 5.2.2.2 Top Products/Product Portfolio
    • 5.2.2.3 Top Competitors
    • 5.2.2.4 Target Customers
    • 5.2.2.5 Key Personnel
    • 5.2.2.6 Analyst View
  • 5.2.3 Yara
    • 5.2.3.1 Overview
    • 5.2.3.2 Top Products/Product Portfolio
    • 5.2.3.3 Top Competitors
    • 5.2.3.4 Target Customers
    • 5.2.3.5 Key Personnel
    • 5.2.3.6 Analyst View
  • 5.2.4 Carbon8 Systems Ltd.
    • 5.2.4.1 Overview
    • 5.2.4.2 Top Products/Product Portfolio
    • 5.2.4.3 Top Competitors
    • 5.2.4.4 Target Customers
    • 5.2.4.5 Key Personnel
    • 5.2.4.6 Analyst View
  • 5.2.5 The Cool Farm
    • 5.2.5.1 Overview
    • 5.2.5.2 Top Products/Product Portfolio
    • 5.2.5.3 Top Competitors
    • 5.2.5.4 Target Customers
    • 5.2.5.5 Key Personnel
    • 5.2.5.6 Analyst View
  • 5.2.6 Corteva
    • 5.2.6.1 Overview
    • 5.2.6.2 Top Products/Product Portfolio
    • 5.2.6.3 Top Competitors
    • 5.2.6.4 Target Customers
    • 5.2.6.5 Key Personnel
    • 5.2.6.6 Analyst View
  • 5.2.7 BASF
    • 5.2.7.1 Overview
    • 5.2.7.2 Top Products/Product Portfolio
    • 5.2.7.3 Top Competitors
    • 5.2.7.4 Target Customers
    • 5.2.7.5 Key Personnel
    • 5.2.7.6 Analyst View
  • 5.2.8 Syngenta
    • 5.2.8.1 Overview
    • 5.2.8.2 Top Products/Product Portfolio
    • 5.2.8.3 Top Competitors
    • 5.2.8.4 Target Customers
    • 5.2.8.5 Key Personnel
    • 5.2.8.6 Analyst View
  • 5.2.9 Carbo Culture
    • 5.2.9.1 Overview
    • 5.2.9.2 Top Products/Product Portfolio
    • 5.2.9.3 Top Competitors
    • 5.2.9.4 Target Customers
    • 5.2.9.5 Key Personnel
    • 5.2.9.6 Analyst View
  • 5.2.10 Charm Industrial
    • 5.2.10.1 Overview
    • 5.2.10.2 Top Products/Product Portfolio
    • 5.2.10.3 Top Competitors
    • 5.2.10.4 Target Customers
    • 5.2.10.5 Key Personnel
    • 5.2.10.6 Analyst View

6 Research Methodology

• 6.1 Data Sources
  • 6.1.1 Primary Data Sources
  • 6.1.2 Secondary Data Sources
  • 6.1.3 Data Triangulation
• 6.2 Market Estimation and Forecast