KD Market Insights has published a report on global Controlled Environment Agriculture market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the Global controlled environment agriculture market accounted for USD 57,656.6 Million in 2019 and is estimated to reach USD 1,42,222.6 Million in 2025, registering a compound annual growth rate (CAGR) of 16.9% between 2019 and 2025. The report covers a detailed chapter on market segmentation of Controlled Environment Agriculture market covering market segments by Crop, Growing Method,and Components .
The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Rising Global Demand for Food
The world’s population is expected to grow to almost 10 billion by 2050. It is becoming increasingly difficult to satisfy the rising global demand for food in a sustainable manner. Due to this, in order to meet the food demand of an increasing population, the government and farmers are adopting more advanced farming techniques such as Hydroponics, Aeroponics, Aquaponics, soiled based and other hybrid methods. The farmers are majorly growing leafy greens, tomatoes, cannabis, flowers, microgreens, strawberries, herbs, cucumbers, peppers, mushrooms, onions, leeks, hops, figs, sweet corn, eggplant, fish, insects, carrots, and shrimp. This rising popularity of controlled environmental agriculture techniques is resulting in an increase in the number of small and large indoor farms across the globe and these farms are also encouraging the consumption of other supplies such as nutrients, growing media, and others.
Loss of Agricultural Land
Land use across the globe is shifting from agriculture to urban and industrial uses. Changing climate has also resulted in lower production yields, loss of arable land and reduced resilience. Further, growing scarcities of natural resources have been encouraging the adoption of CEA since controlled environment farming an efficient way to produce more food with fewer resources than conventional farming, without being dependent on arable land availability and external climate conditions.
Strong Demand for Local Foods
Today, 55% of the world’s population lives in urban areas, a proportion that is expected to increase to 68% by 2050. Yet, the population living in urban areas are demanding locally grown foods such as fruits, vegetables, meat, etc. CEA producers across the globe are setting up their production centers near to urban consumers to take advantage of this trend due to their proximity to urban centers. Other advantages of CEA such as the requirement of less time and expense in the transportation of crop products and better product quality are also expected to strengthen the growth of global controlled environment agriculture market in upcoming years.
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– Lettuce & Leafy Greens
By Growing Method
– Growing Media
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This research report studied the Controlled Environment Agriculture market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Controlled Environment Agriculture market. Country analysis is also covered for various major economies across various regions:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
This study evaluates and categorizes the key vendors in the Controlled Environment Agriculture market. The key companies published in the report include among others American Hydroponics, Nelson and Pade Inc., Aerofarms LLC and other major key players.
The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.
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Why you should buy this research report:
In the past years, the Controlled Environment Agriculture has grown at a significant rate and key decision makers are in need of market data to make vital decisions with regard to acquire more market share in Controlled Environment Agriculture market. This report will help you:
- Obtain Full Understanding Of Global Controlled Environment Agriculture Industry Through The In-Depth Coverage
- Gain Insights Into Market Expansion Across Countries
- Expand Your Product Line To Generate High Revenue And Growth Opportunities.
- Understand Latest Market Trends And Formulate Business Strategies Accordingly.
- Acquire More Market Share Through Strategic Decisions Based On Report Insights.
- Gain Insights About Key Financial Ratio And Business Strategies.
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