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Vertical Farming Market: Technological Prospects 2022-2028
Vertical farming – a closed environment crop-growing technique has gained prominence globally owing to high food consumption and lack of arable land for cultivation. The volume of global food consumption reached 2.5 billion metric tons in 2021. This elevates the need for this technique to reduce reliance on weather, high soil fertility, and water consumption. Our estimates indicate that the global vertical farming market is set to propel at a CAGR of 23.10% from 2022 to 2028.
Several crops have been grown in stacked layers in skyscrapers, warehouses, or shipping containers in recent years, especially in Asia and Europe. For instance, Vertical Future, a London-based company, concluded research to deliver sustainable fresh produce with zero agrichemical components. Hence, a gradual shift from conventional agrochemical-based farming to sustainable controlled environment agriculture has widened the market’s scope.
Technology-Driven Offerings – A Sustainable Approach
Lighting category captures the major share in terms of offering and is expected to continue its dominance over the forecast period. Farming with lighting technology enables consistent plant growth, reducing the heat stress on roots and ensuring uniform lighting. LED, in this regard, is a popular supplementary light source as it consumes 85% less heat than high-pressure sodium (HPS) lights.
Hence, the LED grow light is set to become the most sought-after technology, forecasted to reach about $12 billion by 2030. GoodLeaf, a Canadian vertical farm, is among the many to have replaced old lighting systems with LED to grow varied crops and reduce overall energy-related costs in vertical farming. Overall, the growing implementation of this technique in skyscrapers and greenhouses is estimated to drive the market’s demand in the coming years.
Vertical farming is inclined towards deploying sensors to store information in the cloud and analyze data in real time using the internet of things (IoT). Increasing government support for modern agricultural techniques has boosted the demand for these sensors in the market. For example, the European Commission introduced the Farm Advisory System to help farmers understand rules for animal health, agriculture, and the environment.
Another development includes collaboration between International Rice Research Institute and government partners to introduce the Cereal System initiative in South Asia to offer tools for location-specific fertilizer recommendations to growers. Estimates indicate C02 sensors to be a popular device, followed by pH, EC, and magnetometer sensors.
Climate control is a critical aspect of indoor farming techniques, with air quality control gaining major prominence. Hence, CO2 enrichment methods have been adopted to saturate CO2 solutions, reducing overall cost and the need for additional equipment such as HVAC systems. Since the build-up of heat and humidity in the growing area increases the risk of infection, vertical planes are incorporated as it allows air to move easily compared to horizontal layouts.
However, the rising need for airflow examination has influenced players to introduce new systems, such as the airflow monitoring system by Kanomax that measures air velocity 24/7, enabling farmers to intervene in real time if the airflow is poor or excessive. The deployment of such advanced systems creates opportunities for operating players to launch new products, thus driving the market.
Bio-Pharma Farming – A new Vertical?
In addition to being economically viable in the food industry, vertical farming is expected to show significant prominence in the biopharma sector in the upcoming years. Molecular farming, in this scenario, holds the potential to offer proteins that can be used as a therapeutic tool in healthcare and life sciences. In line with this, a few bio-pharma companies like Abattis Bioceuticals Corp have adopted vertical farming technology to produce nutraceutical components. Therefore, the adoption of advanced solutions like indoor cultivation will accelerate the vertical farming market’s development over the forecast period.
FAQs:
Q1) Which countries have adopted vertical farming?
Several countries in the Asia-Pacific and Europe have adopted vertical farming techniques, including Japan, China, Singapore, the UK, France, and the Netherlands.
Q2) Which are the key crop types in the vertical farming market?
Tomato, berries, pepper, cucumber, microgreens, lettuce and leafy vegetables, and others are key crop types in the vertical farming market.
#Vertical Farming Market#Vertical Farming#Agriculture#Agriculture Equipment#triton market research#market research reports
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#market research future#agriculture equipment market#agriculture equipment#agricultural machinery mart#farm equipment market size
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Sustainable Farming: Navigating Trends in the Agricultural Lubricants Market
The agricultural lubricants market will touch USD 4,332.8 million, growing at a 4.1% compound annual growth rate, by 2030. The growth of this industry is because of the rising modern farming practices, the growing need to enhance crop yield, and the mechanization of agricultural procedures. Furthermore, the requirement for farming activities-related products are likely to surge at a rapid rate…
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#agricultural lubricants#bio-based lubricants#crop protection equipment#farming practices#global market outlook#lubricant formulations#machinery maintenance#Market dynamics#market trends#precision farming#research and development#sustainable agriculture
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Milton Orr looked across the rolling hills in northeast Tennessee. “I remember when we had over 1,000 dairy farms in this county. Now we have less than 40,” Orr, an agriculture adviser for Greene County, Tennessee, told me with a tinge of sadness.
That was six years ago. Today, only 14 dairy farms remain in Greene County, and there are only 125 dairy farms in all of Tennessee. Across the country, the dairy industry is seeing the same trend: In 1970, more than 648,000 US dairy farms milked cattle. By 2022, only 24,470 dairy farms were in operation.
While the number of dairy farms has fallen, the average herd size—the number of cows per farm—has been rising. Today, more than 60 percent of all milk production occurs on farms with more than 2,500 cows.
This massive consolidation in dairy farming has an impact on rural communities. It also makes it more difficult for consumers to know where their food comes from and how it’s produced.
As a dairy specialist at the University of Tennessee, I’m constantly asked: Why are dairies going out of business? Well, like our friends’ Facebook relationship status, it’s complicated.
The Problem with Pricing
The biggest complication is how dairy farmers are paid for the products they produce.
In 1937, the Federal Milk Marketing Orders, or FMMO, were established under the Agricultural Marketing Agreement Act. The purpose of these orders was to set a monthly, uniform minimum price for milk based on its end use and to ensure that farmers were paid accurately and in a timely manner.
Farmers were paid based on how the milk they harvested was used, and that’s still how it works today.
Does it become bottled milk? That’s Class 1 price. Yogurt? Class 2 price. Cheddar cheese? Class 3 price. Butter or powdered dry milk? Class 4. Traditionally, Class 1 receives the highest price.
There are 11 FMMOs that divide up the country. The Florida, Southeast, and Appalachian FMMOs focus heavily on Class 1, or bottled, milk. The other FMMOs, such as Upper Midwest and Pacific Northwest, have more manufactured products such as cheese and butter.
For the past several decades, farmers have generally received the minimum price. Improvements in milk quality, milk production, transportation, refrigeration, and processing all led to greater quantities of milk, greater shelf life, and greater access to products across the US. Growing supply reduced competition among processing plants and reduced overall prices.
Along with these improvements in production came increased costs of production, such as cattle feed, farm labor, veterinary care, fuel, and equipment costs.
Researchers at the University of Tennessee in 2022 compared the price received for milk across regions against the primary costs of production: feed and labor. The results show why farms are struggling.
From 2005 to 2020, milk sales income per 100 pounds of milk produced ranged from $11.54 to $29.80, with an average price of $18.57. For that same period, the total costs to produce 100 pounds of milk ranged from $11.27 to $43.88, with an average cost of $25.80.
On average, that meant a single cow that produced 24,000 pounds of milk brought in about $4,457. Yet, it cost $6,192 to produce that milk, meaning a loss for the dairy farmer.
More efficient farms are able to reduce their costs of production by improving cow health, reproductive performance, and feed-to-milk conversion ratios. Larger farms or groups of farmers—cooperatives such as Dairy Farmers of America—may also be able to take advantage of forward contracting on grain and future milk prices. Investments in precision technologies such as robotic milking systems, rotary parlors, and wearable health and reproductive technologies can help reduce labor costs across farms.
Regardless of size, surviving in the dairy industry takes passion, dedication, and careful business management.
Some regions have had greater losses than others, which largely ties back to how farmers are paid, meaning the classes of milk, and the rising costs of production in their area. There are some insurance and hedging programs that can help farmers offset high costs of production or unexpected drops in price. If farmers take advantage of them, data shows they can functions as a safety net, but they don’t fix the underlying problem of costs exceeding income.
Passing the Torch to Future Farmers
Why do some dairy farmers still persist, despite low milk prices and high costs of production?
For many farmers, the answer is because it is a family business and a part of their heritage. Ninety-seven percent of US dairy farms are family owned and operated.
Some have grown large to survive. For many others, transitioning to the next generation is a major hurdle.
The average age of all farmers in the 2022 Census of Agriculture was 58.1. Only 9 percent were considered “young farmers,” age 34 or younger. These trends are also reflected in the dairy world. Yet, only 53 percent of all producers said they were actively engaged in estate or succession planning, meaning they had at least identified a successor.
How to Help Family Dairy Farms Thrive
In theory, buying more dairy would drive up the market value of those products and influence the price producers receive for their milk. Society has actually done that. Dairy consumption has never been higher. But the way people consume dairy has changed.
Americans eat a lot, and I mean a lot, of cheese. We also consume a good amount of ice cream, yogurt, and butter, but not as much milk as we used to.
Does this mean the US should change the way milk is priced? Maybe.
The FMMO is currently undergoing reform, which may help stem the tide of dairy farmers exiting. The reform focuses on being more reflective of modern cows’ ability to produce greater fat and protein amounts; updating the cost support processors receive for cheese, butter, nonfat dry milk, and dried whey; and updating the way Class 1 is valued, among other changes. In theory, these changes would put milk pricing in line with the cost of production across the country.
The US Department of Agriculture is also providing support for four Dairy Business Innovation Initiatives to help dairy farmers find ways to keep their operations going for future generations through grants, research support, and technical assistance.
Another way to boost local dairies is to buy directly from a farmer. Value-added or farmstead dairy operations that make and sell milk and products such as cheese straight to customers have been growing. These operations come with financial risks for the farmer, however. Being responsible for milking, processing, and marketing your milk takes the already big job of milk production and adds two more jobs on top of it. And customers have to be financially able to pay a higher price for the product and be willing to travel to get it.
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SBJ Nirmal Products: Pioneers in High-Quality Rotavator Parts Manufacturing
In the agricultural industry, machinery plays a pivotal role in boosting efficiency and productivity. Behind every smoothly operating machine are components that ensure its performance remains optimal, and this is where SBJ Nirmal Products shines. Established with a mission to provide top-quality agricultural machinery parts, SBJ Nirmal Products has become a leading name, particularly in the manufacturing of high-quality rotavator parts. The company’s commitment to precision engineering, durability, and affordability has earned it the reputation of being a trusted and reliable brand in the global market.
Overview of SBJ Nirmal Products
Located in Ludhiana, Punjab, SBJ Nirmal Products is a well-established company specializing in the production of rotavator parts and other essential agricultural machinery components. While the company does not manufacture complete rotavators or tractors, it focuses on providing rotavator parts that are integral to the functionality of these machines. With over 4,500 different parts in its catalog, SBJ Nirmal has carved a niche in the industry by ensuring every product meets the highest standards of quality and performance.
The company’s extensive product line includes a wide variety of essential rotavator parts, such as blades, stub axles, crown pinions, and gears, all designed to deliver excellent performance in the field. By ensuring precision and durability, SBJ Nirmal Products allows farmers to optimize the efficiency of their machinery and enhance overall farm productivity.
Uncompromising Quality and Innovation
At the heart of SBJ Nirmal Products’ success is its unwavering focus on quality. The company uses cutting-edge technology and high-grade materials to produce parts that are built to last, even under the most demanding agricultural conditions. Each part is meticulously engineered to ensure it meets the stringent requirements of modern farming equipment.
In addition to quality, innovation plays a key role in SBJ Nirmal’s manufacturing process. The company continuously invests in research and development to improve its products and keep pace with the evolving needs of the agricultural sector. This commitment to innovation ensures that SBJ Nirmal remains at the forefront of the industry, providing farmers with the most efficient and reliable rotavator parts available.
Affordable Pricing Without Compromising on Quality
One of the major advantages of SBJ Nirmal Products is its ability to offer high-quality products at affordable prices. Despite the superior engineering and durability of their parts, SBJ Nirmal ensures that its products remain accessible to farmers at competitive prices. This balance between affordability and quality has made the company a preferred supplier for farmers not only in India but across the globe.
SBJ Nirmal’s pricing strategy allows small and large-scale farmers alike to benefit from the advantages of high-quality parts, reducing the need for frequent replacements and minimizing machinery downtime. This, in turn, helps farmers save costs while increasing their operational efficiency.
Customer Satisfaction at the Core
For SBJ Nirmal Products, customer satisfaction is not just a goal but a driving force behind every decision. The company has built long-lasting relationships with its customers by providing exceptional service and ensuring that every part delivered meets or exceeds expectations. SBJ Nirmal takes pride in understanding the specific needs of its clients and tailoring solutions that address these requirements effectively.
The company’s global footprint, serving customers in countries like Bangladesh, Nepal, and Sri Lanka, is a testament to its success in fulfilling its customers' needs consistently. SBJ Nirmal’s commitment to reliability, quality, and customer-centric service ensures that their customers remain satisfied and confident in their purchases.
Expanding Global Reach
SBJ Nirmal Products has expanded its reach far beyond India’s borders, establishing a strong presence in international markets. With exports to several countries, including Bangladesh, Nepal, and Sri Lanka, the company has become a recognized name in the global agricultural machinery market. Its success abroad can be attributed to its focus on producing parts that meet international standards of quality and performance.
Farmers and agricultural businesses around the world trust SBJ Nirmal to provide rotavator parts that are durable, affordable, and easy to integrate into various types of machinery. By continuing to innovate and meet the needs of its global clientele, SBJ Nirmal is poised to maintain its leadership in the industry for years to come.
Conclusion
SBJ Nirmal Products stands as a symbol of quality, innovation, and reliability in the agricultural machinery industry. As a leading manufacturer of high-quality rotavator parts, the company’s commitment to excellence is evident in every component it produces. With a strong emphasis on customer satisfaction, affordable pricing, and a wide range of products, SBJ Nirmal continues to play an essential role in improving the efficiency and productivity of farms around the world.
From its headquarters in Ludhiana to its clients across the globe, SBJ Nirmal Products is dedicated to supporting the agricultural industry with top-tier rotavator parts that farmers can rely on for consistent, high-performance operation.
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Vertical Farming Market Recent Trends and Growth Analysis Report 2024 – 2030
The global vertical farming market size is expected to reach USD USD 24.95 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.1% from 2023 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.
Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over the traditional farming technique, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labor. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.
Genetically modified organisms and the environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019 owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.
Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market
Detailed Segmentation:
Market Concentration & Characteristics
The vertical farming market growth stage is high. The vertical farming market is witnessing a significant degree of innovation, marked by the adoption of advanced technologies such as sensors and cameras in order to enhance resource efficiency, increase yields, and address challenges such as limited space and environmental constraints. Also, technologies such as hydroponics, aeroponics, LED grow lights, and automation systems are commonly employed to enhance efficiency and crop quality.
Market Dynamics
The growth of the vertical farming market is attributed to factors such as steady population growth, government incentives, limited availability of cultivable land, and the increasing demand for high-quality and fresh food. Moreover, the increasing consumer demand for organic food is positively impacting the growth of the vertical farming market, creating favorable business opportunities. With consumers placing a higher value on organic products, vertical farming is a viable solution to meet this demand.
Component Insights
On the basis of components, vertical farming market is segmented into hardware, software, and services. The hardware segment accounted for the largest market share in 2022. Hardware plays a significant role in maintaining an environment in vertical farming. The segment is further categorized into lighting, hydroponic components, climate control, and sensors. The lighting segment led the market and accounted for more than 44.46% of global hardware revenue in 2022. A large share of the lighting segment can be attributed to the dependence of vertical farms on artificial lighting. Artificial lights provide sufficient light intensities required for crop growth. The climate control segment is expected to register the highest CAGR of 20.6% over forecast period. Increasing adoption of hydroponic components by farmers to minimize weight load and infrastructure needed to support equipment is anticipated to drive demand for hydroponic components.
Growing Mechanism Insights
The Hydroponics segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Hydroponics is a popular growth mechanism due to low installation costs and ease of operations. It is a method of growing plants without soil, where soil is replaced by mineral solution inserted around plant roots. Additionally, the hydroponics method removes the risk of soil organisms causing diseases.
Crop Category Insights
The fruits, vegetables, & herbs segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Increasing cultivation of commonly grown fruits and vegetables in vertical farming is driving segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation. At the same time, vertical farming improves biodiversity as it does not cause land disturbances. As such, vertical farming is in high demand for growing different types of crops. Further, fruits, vegetables, & herbs are segmented into tomato, lettuce, bell, chili peppers, strawberry, cucumber, leafy greens (excluding lettuce), herbs, and others. Among which tomatoes segment led the market and accounted for more than 24.23% of global fruits, vegetables, & herbs revenue in 2022.
Structure Insights
The shipping container segment dominated the market with a share of about 53.32% in 2022 and is expected to remain dominant between 2023 and 2030. This growth is attributed to the ability of structure to help grow crops irrespective of geographic location. One of the primary benefits of container-based farming is that container farms are easy to transport, and one doesn't require a large piece of land or dedicated building to start cultivating.
Regional Insights
In terms of revenue, Europe dominated the vertical farming market in 2022 with a share of approximately 31.7% and is expected to remain dominant between 2023 and 2030. Growing awareness regarding the importance of alternative farming owing to less availability of fertile agricultural land and increasing population in the region is the key factor anticipated to spur the demand.
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
• The global synthetic data generation market size was valued at USD 218.4 million in 2023 and is projected to grow at a CAGR of 35.3% from 2024 to 2030.
• The global service virtualization market size was valued at USD 786.0 Million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2030.
Key Companies & Market Share Insights
Some of the key players operating in the market include Agrilution GmbH; Aerofarm; Brightfarms Inc.; Everlight Electronics Co., Ltd; Freight Farms; GrowUp Urban Farms Ltd.; Green Sense Farms, LLC; Vertical Farm Systems.
• Vertical Farm Systems is engaged in the development of fully automated growing systems with reusable medium and energy efficient climate cells. The company utilizes artificial intelligence (AI) and automation for optimized growing conditions.
• Brightfarms Inc., is an indoor farming company that provides fresh packaged salad. The company sells their product locally that are grown in controlled environment. The company is inclined towards development of efficient vertical farming system with a focus on resource efficiency and sustainable practices.
Key Vertical Farming Companies:
• AeroFarms (U.S.)
• Illumitex, Inc. (U.S.)
• American Hydroponics (U.S.)
• Agrilution GmbH
• Brightfarms Inc.
• Everlight Electronics Co., Ltd.
• Freight Farms
• GrowUp Urban Farms Ltd.
• Green Sense Farms, LLC
• Vertical Farm Systems.
Vertical Farming Market Segmentation
Grand View Research has segmented the global vertical farming market report based on structure, growing mechanism, crop category and region
Vertical Farming Structure Outlook (Revenue, USD Million, 2017 - 2030)
• Shipping Container
• Building-based
Vertical Farming Component Outlook (Revenue, USD Million, 2017 - 2030)
• Hardware
o Lighting
o Hydroponic components
o Climate control
o Sensors
• Software
• Services
o System Integration & Consulting
o Managed Services
o Assisted Professional Services
Vertical Farming Growing Mechanism Outlook (Revenue, USD Million, 2017 - 2030)
• Hydroponics
• Aeroponics
• Aquaponics
Vertical Farming Crop Category Outlook (Revenue, USD Million, 2017- 2030)
• Fruits Vegetables, & Herbs
o Tomato
o Lettuce
o Bell & Chili Peppers
o Strawberry
o Cucumber
o Leafy Greens (excluding lettuce)
o Herbs
o Others
• Flowers & Ornamentals
o Perennials
o Annuals
o Ornamentals
• Others (Cannabis, Microgreens)
Vertical Farming Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
• Asia Pacific
o China
o Japan
o India
o Singapore
o South Korea
• South America
o Brazil
• Middle East and Africa (MEA)
Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.
Recent Developments
• In March 2023, BrightFarms, a pioneer in the indoor farming industry, is growing by establishing four additional regional greenhouse centers that introduce sustainably farmed leafy greens to a broader audience in the Eastern and Central United States. The newly built greenhouse centers are expected to meet the rising demand for organic food and initiate distribution to retailers by 2024. With this expansion, the company is expecting 10x revenue growth by 2024.
• In February 2023, AeroFarms and Public Investment Fund (PIF), a wealth funding body of Saudi Arabia, announced a joint venture to establish indoor vertical farms in the Middle East and Saudi Arabia.
#Vertical Farming Market#Vertical Farming Market size#Vertical Farming Market share#Vertical Farming Market analysis#Vertical Farming Industry
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Talk Italian agriculture to me.
Yessssss! :D
First of all, Italy is super big on agriculture, and why are we not talking more about that in general in the fandom? Like, sure, other nations wanted the Italian land for the heritage and Rome, but like, it also has so amazing fertile soil. Italian peninsula is basically a pantry, and especially countries with difficulties feeding their people wanted that *cough* Spain, Austria, France *cough*. And because of the Roman heritage, they had really good cultivation systems. :o
Putting the more historical things aside, Italian agriculture is split in two, more or less, following the split between North and South Italy, so even with agriculture, both our Italys have their own preferences (and as usual, The South is getting the short end of the stick). North is corn, beans, meat, dairy, and a lot of various items, the South is citrus fruits and wheat – especially citrus fruits. A lot of the initiatives to support agriculture throught the last 100 or so years have favoured the Northern parts of Italy, with bigger, wealthier farms, instead of the smaller Southern farms. All of Italy is big on olives and olive oil (as Spain can attest to), and wine. They're the biggest producers of wine in the world.
Speaking of which, I have no mouth, and I must (arti-)choke. I'm not sorry for that horrible pun. Italy is the biggest producer of artichokes in the world, the only other nation getting close is Egypt. Spain is at a third place, but only has an output a little over half of Italy. As far as I know, it's also used in a lot of Italian food (artichokes are delicious).
Apparently, most agriculture in Italy is actually very local and not owned by a few companies at the top (that's one of the most wrong representations in A Job Interview). They're family operated, owned and small. A single company with a majority hold on the food industry in Italy is probably insane and unrealistic. However, it is true that most of the Italian agricultural market is domestic, and doesn't have much export, apart from choice items (like popular cheeses and wines). One of the major forms of tourism in South Italy is agroturismo, as in, visiting and sleeping at a farm in Italy as a tourist. I want to try that.
One of the really big things I probably can't fit into my story is the specialisations of food in Italy, like regional cheeses, meats, wines, and so on. These regional items are one of the biggest Italian exports too, and another reason why a large amount of Italian farms are family operated. Adjacent to agricultural production, there's also heavy equipment manufacturing, commonly known as tractors and that sort of thing. Ferrari, Fiat, and Lamborghini all started out making tractors and other agricultural machinery.
Now, there's actually a bit more history I want to mention, but this is recent history. After WW2, Italy had a flourishing renewal in its agriculture, which lasted until the 1980's, due to some changes from the EEC. It's kind of difficult to really explain the entirety of everything happening between the 1960's to the 1990's, because there's so many different things influencing Italy at this time, and different areas (again with the North-South divide) were affected in different ways at different times. All of this doesn't really have to do with the agriculture sector directly, but it would affect it. The horrible highlights are a recession, The Years of Lead, and corruption. The happy highlights are the general economic boom (North and Central Italy in the 50's and 60's, South in the 70's and 80's), including il Sorpasso in 1987, and the beginning of a modernisation of the South.
One final thing, more about the actual fanfic I did this research for. It takes place in 2007, and this actually matters a lot to the plot. :'D
#Somehow this is still#hetalia#agriculture#Thank you for the ask! <3#I loved getting to compile all the info in my brain#StarsMadeInHeaven#I haven't gone into the fishing industry much#Maybe I should write something about fishing to indulge researching the fishing industry
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Wind Farms: Harvesting Energy on a Grand Scale
Wind farms represent the vanguard of renewable energy, showcasing how the forces of nature can be harnessed on a grand scale to power our cities, industries, and homes. These sprawling complexes of towering turbines are becoming an increasingly common sight across vast tracts of land and coastal areas around the world, symbolizing the shift towards sustainable energy production.
The Composition of Wind Farms
A wind farm is an assemblage of multiple wind turbines in a single location used for the production of electric power. A large wind farm may consist of several hundred individual wind turbines, and they cover an extended area of hundreds of square miles. The land between the turbines may be used for agricultural or other purposes. For instance, the Gansu Wind Farm in China stretches over 7,965 square miles, an area larger than some countries.
Site Selection: A Crucial Step
The placement of a wind farm is a meticulous process that involves consideration of wind patterns, environmental impact, and proximity to the grid. Optimal sites are usually in areas with steady, strong winds averaging at least 14 miles per hour. According to the Department of Energy (DOE), wind farms on the U.S. coasts and Great Lakes could generate more than twice the amount of electricity used by the entire country. Coastal areas have the advantage of offshore wind farms which can utilize stronger ocean winds and have less visual impact on the community.
The Technology Behind Wind Farms
Wind turbines in these farms are equipped with state-of-the-art technology to maximize efficiency and minimize downtime. Turbines are now smarter, with sensors and automated systems that adjust blade rotation and orientation to the wind for optimal energy capture. Many have a capacity of 2-3 MW each, with some of the largest offshore turbines boasting a capacity of up to 12 MW. The DOE states that a 2 MW wind turbine can supply electricity to over 500 homes.
The Economics of Wind Energy
Wind farms are economically compelling as well. The cost of wind-generated electricity has plummeted over the past decade, with the International Renewable Energy Agency (IRENA) reporting that onshore wind power is now among the cheapest sources of electricity in many parts of the world. Wind farm projects also create jobs, both in construction and maintenance; the Global Wind Energy Council (GWEC) reported that the sector employed 1.2 million people worldwide as of 2021.
Impact on the Grid and Energy Markets
Wind farms play a significant role in grid stability and energy markets. As intermittent sources, they are often backed by energy storage systems or integrated into a larger grid infrastructure that can balance supply and demand. Innovative solutions like battery storage or interconnections with other renewable sources are being developed to mitigate wind’s variability. Market-wise, the increased wind energy supply is driving down electricity costs and fostering competition among energy sources.
Environmental and Societal Considerations
While wind farms are a boon to renewable energy, they are not without their challenges. Concerns over wildlife, especially birds and bats, and noise pollution for nearby residents are significant issues that require careful planning and mitigation strategies. Nevertheless, the environmental impact is substantially lower compared to fossil fuel-based power generation. Wind farms also contribute positively to the local communities through land lease payments and increased tax revenues used for schools, roads, and healthcare services.
Looking Forward: The Evolution of Wind Energy
The future of wind farms is intertwined with advancements in technology and energy policy. Continued research in aerodynamics, materials science, and turbine design is poised to make wind energy even more efficient and less expensive. The International Energy Agency (IEA) projects that by 2040, wind and solar will power more than a third of the world, with wind energy being a significant contributor. Wind farms are not just about generating electricity; they are about reshaping our energy landscape, fostering sustainable development, and creating a blueprint for future energy solutions.
#windenergy#windgeneration#windfarms#renewableenergy#sustainability#greenenergy#cleanenergy#environment#electricity
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The Edible Oil Market In Vietnam Is Now Growing At A Steady Rate, With Palm Oil Dominating The Industry: Ken Research
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Farm Mechanization: Although Farm mechanization in Vietnam is still in its nascent stages, it is now seeing a sudden rise due to favourable and targeted government policies. Lack of access to farm power is one of the primary reasons for the slow uptake of farm mechanization and hence the non-intensification of farm productivity, particularly among small and marginal farmers. Moreover, the sector faces critical challenges in terms of a large share of small and marginal farmers, declining land holding sizes, high cost of farm machinery and equipment, inappropriate technology, undeveloped markets, complex operations, maze of legislation and insufficient policy framework. A steady change has been witnessed in recent years with farmers being able to access farm machinery on a rental basis. Furthermore, Substantial public investments including those in agricultural R&D and irrigation infrastructure, as well as the acceleration of the economic transformation in the county, are likely to stimulate the demand for machine use.
Lifestyle Changes: As urbanization increases in developing countries, dietary habits and traditional meal patterns are expected to shift towards processed foods that have a high content of vegetable oil. Vegetable oil consumption in Vietnam is, therefore, expected to remain high due to high population growth and consequent urbanization. Inclination towards processed food has also been exaggerated by a busy lifestyle & a decline in the desire to cook meals at home. On the other hand, people who are health conscious are expressing their desire to purchase & consume healthy meals containing healthy & nutritious oils. This has led to many people purchasing premium products thereby increasing the demand for high-quality edible oil.
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Rising Disposable Income: With the annual income increasing, individuals are expressing their inclination towards better quality food products including edible oils. This can also be attributed to them having extra money to save or spend which compels a person to go ahead with premium products in every sphere. Moreover, a rise in income is also the root cause for a person trying to maintain a certain lifestyle.
Covid Impact: Despite the COVID-19 pandemic, Vietnam has seen an increase in the production and consumption of refined vegetable oils, especially rice bran oil. Moreover, palm oil exports have also increased manifold even though there was a decrease in the imports of the same in 2021. According to TDM, in 2020/21, Vietnam imported 915,000.0 tons of palm oil, down 9.0% compared to the previous year due to COVID-19 restrictions that impacted the food service, food processing, and tourism sectors. Palm oil accounted for about 92.0% of the total vegetable oil imports in 2020/21 due to its low price. The two main palm oil suppliers are Indonesia and Malaysia.
Analysts at Ken Research in their latest publication, Vietnam Edible Oil Market Outlook 2026F– driven by Rise in Disposable Income, Prevalence of Health Problems and Increasing Inclination towards Healthy Lifestyle observed that the market will experience a steady uptick in the upcoming years. Rising income levels & demand for high-quality oil are expected to be the main growth drivers in the upcoming years. Growing disposable income, an ageing population, and a preference for healthier lifestyles are some of the factors driving the market’s expansion. It is expected that the Vietnam Edible Oil market will grow at a CAGR of 7.7% (2021-2026) for the foreseeable future.
Key Segments Covered: –
By Type
Palm Oil
Rapeseed Oil
Soybean Oil
Coconut Oil
Others (Rice barn oil, Sesame oil, Peanut oil, sunflower oil and olive oil.)
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By Volume
Palm Oil
Rapeseed Oil
Soybean Oil
Coconut Oil
Others (Rice barn oil, Sesame oil, Peanut oil, sunflower oil and olive oil.)
By Mode of Sales
Online
Offline
By type Of Sales Channel
Super Market
Grocery Store
Convenience Store
Local market
Specialised Store
Key Target Audience
Supermarkets
High-Income Individuals
Local Stores
Online Stores
Convenience Stores
Time Period Captured In the Report:
Historical Period: 2016-2021
Base Period: 2021
Forecast Period: 2022P-2026F
Companies Covered in Vietnam Edible Oil Market
Vinacommodities Corporation
Vocarimex (Calofic)
Kido Nha Be
Tuong An
Voe ( Vegetable Oil Extraction)
Quang Minh Corporation Joint Stock Company
South America Vegetable Oil Joint Stock Company
Otran Viet Nam Corporation
Vegetable Oil Trading JSC
PVN Oil ltd
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Key Topics Covered:
Vietnam Edible Oil Market Outlook
Market Size of Vietnam Edible Oil Market, 2021
Forecast of Vietnam Edible Oil Market
Historical Data and Forecast of Vietnam Edible Oil Revenues & Volume
Vietnam Edible Oil Market Trend Evolution
Vietnam Edible Oil Market Drivers and Challenges
Vietnam Edible Oil Import Export Trade Statistics
Market Opportunity Assessment By Type, application, distribution channel
Vietnam Edible Oil Top Companies Market Share
Vietnam Edible Oil Competitive Benchmarking By Technical and Operational Parameters
Vietnam Edible Oil Company Profiles
Vietnam Edible Oil Key Strategic Recommendations
For more insights on market intelligence, refer to the link below: –
Future Outlook of Vietnam Edible Oil Market
Related Report by Ken Research: –
India Edible Oil Market Outlook to 2022
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Why choose India to supply Basmati rice in 2024?
India has long been synonymous with Basmati rice, a staple in global kitchens and a preferred choice for its unmatched aroma, texture, and taste. As we enter 2024, India’s dominance in the Basmati rice market continues to strengthen, making it the preferred destination for rice importers across the world. But what makes India the ideal choice for your Basmati rice supply this year?
This blog explores India’s unique position in the global rice market, with a focus on Basmati’s superior quality, cost advantages, and commitment to sustainability.
India’s legacy in Basmati rice
India has been cultivating Basmati rice for centuries, with regions such as Punjab, Haryana, and Uttar Pradesh being the primary producers. The country’s long tradition of rice cultivation has enabled Indian farmers to master the art of producing Basmati with exceptional quality.
The distinctive flavour and aroma of Indian Basmati rice stems from its unique growing conditions – soil composition, climate and traditional farming techniques all play a role. This heritage, combined with modern agricultural practices, establishes India as a reliable supplier globally.
Unmatched Quality of Indian Basmati Rice
Indian Basmati rice is famous for its:
Long grain size: Better elongation when cooked.
Distinctive Aroma: Unique fragrance that makes any dish even better.
Fragrant texture: Ideal for a variety of cuisines.
Consistency in quality has earned Indian Basmati rice certifications such as the Geographical Indication (GI) tag, which certifies its origin and quality.
In addition, Indian exporters follow strict quality checks, ensuring that the rice meets international standards. Whether you are sourcing for the retail or hospitality sector, the high quality of Indian Basmati rice guarantees customer satisfaction.
India’s Competitive Advantage in the Global Rice Trade
One of the most compelling reasons to source basmati rice from India is its cost-effectiveness. India continues to be a leader in global rice exports, contributing over 40% of the world’s rice trade in 2023. Competitive pricing ensures that India remains an attractive option for importers despite the challenges posed by fluctuating rice prices.
India’s well-developed logistics network further facilitates seamless exports. From state-of-the-art milling units to efficient port operations, Indian exporters are equipped to handle large-scale orders while maintaining prompt delivery schedules.
Sustainability and Ethical Practices in Indian Rice Farming
In response to growing global concerns about sustainability, Indian rice farmers and exporters are adopting environmentally friendly practices:
Water-efficient irrigation methods: Techniques such as the System of Rice Intensification (SRI) reduce water consumption.
Organic Farming: Many producers now offer pesticide-free, organic basmati rice.
Fair trade practices: Exporters are focusing on better wages and conditions for farmers.
These efforts not only contribute to environmental protection but also attract environmentally conscious buyers who prioritize sustainability in their supply chains.
How to partner with reliable Indian Basmati suppliers
Finding the right supplier is crucial to ensure quality and sustainability. Here are some tips:
Research certifications: Look for suppliers with GI certification, ISO standards or organic certification.
Request samples: Quality assurance is key – always test before ordering in bulk.
Check reputation: Partner with exporters known for their reliability and adherence to international trade norms.
Platforms like the Agricultural and Processed Food Products Export Development Authority (APEDA) provide directories of reliable Indian exporters, simplifying the selection process.
India's unmatched expertise in cultivating and exporting high-quality Basmati rice, combined with its competitive prices and focus on sustainability, make it the ultimate choice for rice buyers in 2024. Whether you're sourcing for retail or large-scale distribution, partnering with Indian suppliers ensures a consistent, high-quality product that meets global standards.
Choose India for your Basmati rice supply this year and experience the difference in quality and service that has kept the country at the forefront of the global rice trade.
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Unmanned Systems Market: Revolutionizing Industries with Autonomous Innovation
The Unmanned Systems Market is poised for remarkable growth, projected to rise from USD 27.13 billion in 2024 to USD 43.54 billion by 2030, at a CAGR of 8.2%. With advancements in autonomy, these systems are revolutionizing various industries by offering safer, efficient, and cost-effective solutions. The market's demand stems from its ability to perform high-risk tasks across domains such as defense, agriculture, logistics, and environmental research.
In this blog, we will dive deep into what unmanned systems are, their working principles, applications, market drivers, and challenges. Additionally, we’ll discuss the leading players in the industry, regional dominance, and how unmanned systems positively impact other sectors.
What Are Unmanned Systems?
Unmanned systems are autonomous or remotely operated machines designed to perform tasks without direct human involvement. These include unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), unmanned underwater vehicles (UUVs), and autonomous surface vehicles (ASVs).
These systems utilize advanced technologies such as AI, machine learning (ML), sensors, and 5G connectivity to enhance their autonomy, navigation, and data-processing capabilities. From drones delivering packages to robots performing underwater surveys, unmanned systems are transforming industries by offering innovative solutions.
How Do Unmanned Systems Work?
Unmanned systems operate using:
Sensors: Equipped with EO/IR cameras, radars, and LiDAR, they perceive and analyze surroundings in real time.
Communication Systems: High-speed networks like 5G and SATCOM enable remote control and real-time data transmission.
AI and Machine Learning: These technologies enhance autonomy, allowing systems to perform complex tasks such as navigation and target recognition.
Energy Sources: Most rely on batteries, though power limitations remain a challenge.
For example, in defense operations, UAVs like the MQ-9 Reaper conduct ISR missions using onboard sensors to detect and track targets in hostile environments.
Applications of the Unmanned Systems Industry
The versatility of unmanned systems enables their use across various industries:
1. Defense and Security
Conduct ISR missions with UAVs like RQ-4 Global Hawk.
Deploy UGVs for bomb disposal in urban warfare.
2. Agriculture
Use drones for precision farming, improving crop yields, and optimizing water and fertilizer use.
3. Logistics
Enable efficient package delivery in urban areas using drones.
Automate inventory management in warehouses with ground robots.
4. Environmental Monitoring
Monitor marine ecosystems with UUVs.
Use drones for wildfire surveillance and natural disaster management.
5. Commercial Applications
Leverage unmanned systems for surveying, inspection, and mapping.
Employ autonomous taxis and delivery robots in smart cities.
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Key Drivers of the Unmanned Systems Market
Need for ISR and Target Acquisition The demand for real-time intelligence in defense operations drives investment in UAVs and UGVs. Advanced sensors improve surveillance and precision targeting.
Growing Global Defense Budgets Nations are allocating resources for modernizing defense, incorporating unmanned technologies to enhance security capabilities.
Technological Advancements Innovations in AI, ML, and sensor technologies enhance the efficiency and autonomy of unmanned systems, making them indispensable across industries.
Increased Demand for Micro Drones Compact drones are gaining traction for their cost-effectiveness and efficiency in inspection and monitoring.
Talk to Our Industry Specialist
Top Players in the Unmanned Systems Market
Prominent companies are driving innovation and market growth. Key Players include:
Northrop Grumman (US)
Lockheed Martin Corporation (US)
DJI (China)
Thales (France)
Israel Aerospace Industries (Israel)
General Dynamics Corporation (US)
These companies invest heavily in R&D, focusing on new product launches, contracts, and agreements to maintain market leadership.
Regional Market Insights
North America: Leading the Market
The US dominates due to its strong defense budgets and advancements in UAV technology.
Integration of AI and advanced sensors accelerates adoption across sectors like agriculture and logistics.
Asia Pacific: Fastest-Growing Region
Countries like China, Japan, and India are rapidly adopting unmanned systems for agriculture and delivery applications.
Government support and high investments drive innovation.
Challenges in the Unmanned Systems Market
Power Supply and Endurance Limited battery life restricts operational capabilities, especially for UAVs requiring prolonged flight durations.
Cybersecurity Concerns The risk of unauthorized access to sensitive data deters adoption in critical applications.
Regulatory Constraints Varying regulations across regions complicate deployment, increasing compliance costs.
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Positive Impact on Other Industries
Unmanned systems are revolutionizing industries by enhancing efficiency and reducing costs:
Healthcare: Delivery of medical supplies in remote areas.
Retail: Autonomous delivery systems streamline last-mile logistics.
Construction: Drones provide site mapping and monitoring, improving project accuracy.
The Unmanned Systems Market is transforming industries, offering innovative solutions that enhance efficiency, safety, and cost-effectiveness. Despite challenges like cybersecurity risks and endurance limitations, advancements in AI and global defense spending will drive the market's growth to USD 43.54 billion by 2030.
As industries increasingly adopt unmanned systems, the future promises enhanced operational capabilities and automation across diverse sectors.
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Apply ARC-LNR x10 Seasonal Labourer 2024 ARC-LNR x10 Seasonal Labourer 2024 The Agricultural Research Council (ARC-LNR) invites applications for Seasonal Labourer (x10) positions based at the Tropical and Subtropical Crops (ARC-TSC) division in Friedenheim, Nelspruit, Mpumalanga. This opportunity offers a four-month fixed-term contract for highly motivated individuals passionate about contributing to the horticulture and agriculture sector. Job Reference Number: ARC-TSC03/30 - Department: ITSC - Industry: Horticulture/Agriculture - Contract Type: Fixed-Term (4 Months) - Positions Available: 10 - Salary: Market-related About ARC-LNR Tropical and Subtropical Crops (ARC-TSC) ARC-TSC plays a vital role in advancing agricultural practices for tropical and subtropical crops in South Africa. Known for its innovation and dedication to excellence, the division supports sustainable farming and fosters economic growth in the horticulture sector. Job Description As a Seasonal Labourer, you will actively contribute to daily farm operations. The role includes: - Performing farm practices as directed by management. - Using and maintaining tools and equipment responsibly. - Carrying out manual tasks assigned by supervisors. - Adhering strictly to Occupational Health and Safety (OHS) standards. This position offers hands-on experience in tropical and subtropical crop farming, ideal for individuals looking to expand their practical agricultural knowledge. Job Requirements To qualify for the Seasonal Labourer position, candidates should meet the following criteria: - Educational Qualification: Minimum Grade 10 or exposure to the fruit farming environment. - Experience: - Prior experience in harvesting tropical and subtropical fruits is advantageous. - Familiarity with basic agricultural practices. - Skills and Knowledge: - Basic understanding of farm equipment and manual machinery operation (e.g., brush cutter, chainsaw). - Knowledge of health and safety protocols. - Effective communication skills. - Personal Attributes: - Willingness to work under challenging weather conditions. SEE ALSO: Value Logistics 12 Months Learnership Programme 2025 Why Work at ARC-TSC? ARC-TSC offers: - The opportunity to gain hands-on experience in tropical and subtropical horticulture. - A collaborative work environment in one of South Africa's leading agricultural research institutions. - Exposure to cutting-edge practices in sustainable farming. Click Here to Apply Read the full article
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Vitamin B9 Prices Trend | Pricing | News | Database | Chart
Vitamin B9, also known as folic acid or folate in its natural form, is an essential nutrient that plays a critical role in various bodily functions, particularly in cell division, DNA synthesis, and the formation of red blood cells. It is especially crucial for pregnant women as it helps prevent birth defects in the baby's brain and spine. As the demand for dietary supplements and fortified foods continues to rise, the prices of vitamin B9 are influenced by several factors, including production costs, global supply chains, and market demand.
In recent years, the price of vitamin B9 has shown some fluctuations, which can be attributed to several dynamics in the global marketplace. One of the primary factors affecting vitamin B9 prices is the production of raw materials, primarily the agricultural crops used to derive natural folate. While synthetic folic acid, the most common form used in supplements and fortified foods, is produced through chemical synthesis, the price of folate-rich crops can have an indirect effect on market trends. Any issues in agriculture, such as adverse weather conditions, poor crop yields, or inflationary pressures on farming costs, can lead to price increases. These disruptions can raise the cost of raw materials, impacting the overall price of vitamin B9.
Get Real Time Prices for Vitamin B9: https://www.chemanalyst.com/Pricing-data/vitamin-b9-1253
Another significant factor influencing the price of vitamin B9 is the rising demand for dietary supplements. As health and wellness trends continue to shape consumer behavior, more people are turning to supplements to meet their daily nutritional needs. The global increase in the awareness of the benefits of folic acid, particularly for prenatal care, has created a robust market for the vitamin. Governments across various regions also promote the fortification of foods with folic acid to prevent neural tube defects, further driving the demand. This heightened consumer interest has resulted in a competitive market, where manufacturers strive to balance affordability with quality.
The global supply chain also plays a pivotal role in determining vitamin B9 prices. Many manufacturers source raw materials from different parts of the world, relying on complex supply chains that can be affected by geopolitical tensions, trade tariffs, or transportation bottlenecks. For instance, any disruptions in key production areas or shipping delays can result in supply shortages, leading to price hikes. Moreover, fluctuations in exchange rates can impact international transactions, affecting the cost of importing raw materials and, in turn, the price of the finished product.
Moreover, the production and availability of high-quality vitamin B9 are subject to advancements in technology and scientific innovation. As more research is conducted on the bioavailability and efficiency of various folate forms, manufacturers may adjust their production methods to offer more effective or higher-quality products. This could lead to an increase in the overall cost of the vitamin, especially if new production methods require specialized equipment or additional steps. Technological improvements, however, can also bring cost savings in the long term, allowing manufacturers to reduce prices as production becomes more streamlined.
The pharmaceutical industry’s involvement in the production of vitamin B9 also affects its pricing. As a crucial ingredient in many medications, including those prescribed to prevent or treat certain deficiencies, the demand from the healthcare sector can push prices higher. Additionally, brand-name medications containing folic acid or related products may experience price premiums due to their perceived quality or market exclusivity. This can impact the overall market, causing variations in the price of vitamin B9 across different forms, whether in supplements, food fortification, or prescription drugs.
Another factor driving the price of vitamin B9 is the regulatory environment. Different countries have varying laws regarding the fortification of foods and the sale of dietary supplements. For example, in the United States, folic acid is widely used in food fortification, particularly in bread and cereals, as part of an effort to reduce birth defects. The government mandates the inclusion of folic acid in certain food products, ensuring a steady demand. Similarly, other countries may have their own regulatory frameworks that affect both the availability and the cost of vitamin B9. Stricter regulations may require more rigorous testing and quality control, which can increase production costs and, consequently, the price of the vitamin.
In terms of pricing trends, vitamin B9 prices have generally remained relatively stable over the past few years, with some fluctuations in response to the factors mentioned above. The market for vitamin B9 is competitive, with numerous brands offering various forms of folic acid supplements, including tablets, soft gels, and liquid formulations. Prices can vary depending on the brand, formulation, and quantity, with generic options typically being more affordable than branded products. Bulk purchasing also plays a role in lowering the cost per unit, which has led to a rise in online and wholesale markets for vitamin B9.
The impact of the COVID-19 pandemic on the vitamin B9 market also cannot be overlooked. The pandemic created significant disruptions in global supply chains, affecting production and distribution. As more people turned to health supplements in response to the health crisis, the demand for vitamins, including vitamin B9, surged. However, supply chain interruptions caused by factory shutdowns, labor shortages, and transportation delays led to temporary price increases. While the supply chains have largely recovered, the effects of the pandemic are still visible in some regions, influencing the pricing structure of various nutrients, including vitamin B9.
Looking forward, the price of vitamin B9 is expected to be influenced by several ongoing trends. The growing emphasis on preventive healthcare and wellness is likely to sustain demand for supplements containing vitamin B9, driving prices. Additionally, innovations in the production of fortified foods and supplements, such as more bioavailable forms of folate or eco-friendly manufacturing processes, could contribute to both price increases and reductions. While raw material costs and geopolitical factors will continue to affect pricing, the expanding global market for vitamin B9 offers opportunities for manufacturers to scale production and achieve cost efficiencies that may keep prices stable in the long term.
In conclusion, vitamin B9 prices are shaped by a variety of factors, including raw material costs, demand from the health and wellness sector, global supply chain dynamics, and technological advancements. The market is competitive and subject to fluctuations, but the growing awareness of the health benefits of folate ensures a sustained demand. As global supply chains stabilize and production technologies evolve, the price of vitamin B9 will likely continue to be influenced by these complex factors, making it a dynamic segment of the vitamin industry.
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Farm Management Software Market: Increasing Adoption in Smart Agriculture 2023 to 2030
The global farm management software market size is anticipated to reach USD 10.58 billion by 2030, growing at a CAGR of 16.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Farm management software has witnessed remarkable growth in the agriculture industry, primarily driven by the need for increased efficiency and productivity, technological advancements, and digital transformation in agriculture. The software provides farmers with valuable tools and features to streamline farm operations, optimize resource utilization, and make data-driven decisions, ultimately enhancing productivity and reducing operational costs. For instance, a modern farm using farm management software can efficiently manage irrigation schedules based on real-time weather data, analyze soil conditions to determine optimal crop varieties, and monitor equipment performance remotely, resulting in higher yields and improved profitability.
The rising awareness of sustainability and environmental concerns has prompted farmers to adopt more eco-friendly practices. Farm management software facilitates site-specific crop management, reducing pesticide usage and minimizing environmental impact. For example, by using data from the software to identify areas with pest infestations, farmers can apply targeted treatments, reducing overall chemical usage and preserving the ecosystem's health. In addition, the integration of precision agriculture technologies with farm management software allows farmers to adopt precise and resource-efficient practices, such as variable rate application of fertilizers, further improving sustainability and resource management on the farm.
Gather more insights about the market drivers, restrains and growth of the Farm Management Software Market
Farmers’ increasing focus on crop yield, productivity, and farm efficiency is expected to positively influence the demand in the market over the forecast period. Technologies such as cloud computing and the Internet of Things (IoT) are expected to increase the usage of big data, artificial intelligence, and robots in farming. Big data is essential in providing predictive insights in agriculture, redesigning business processes, and making real-time operational decisions for altering business models.
Global IT companies such as IBM offer software solutions and big data analytics for precision farming technologies. On the contrary, startups are moving upstream in the value chain and extending their offerings to insurance and advisory services. The value chain of this market includes suppliers, agricultural OEMs, integrators & service providers, and customers. Integrators focus on covering the input supply and production aspects and act as one-stop solution providers. They provide B2B or B2C software solutions and physical products. Service providers help reduce downtime, increase equipment utilization, and enhance vehicle-to-vehicle communication, promoting operational efficiency. Service providers for seed-related activities offer advisory services for seed selection, which help farmers maximize yield productivity. Big-data service providers act as intermediaries between clients and suppliers and offer data-driven advice.
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
The global dispatch console market sizewas valued at USD 1.95 billion in 2024 and is projected to grow at a CAGR of 5.0% from 2025 to 2030.
The global video surveillance market size was estimated at USD 73.75 billion in 2024 and is projected to grow at a CAGR of 12.1% from 2025 to 2030,
Farm Management Software Market Segmentation
Grand View Research has segmented the global farm management software market based on agriculture type, deployment model, solution, and region:
Farm Management Software Agriculture Type Outlook (Revenue, USD Million, 2017 - 2030)
Precision Farming
Livestock Monitoring
Smart Greenhouse
Others
Farm Management Software Deployment Model Outlook (Revenue, USD Million, 2017 - 2030)
Web-based
Cloud-based
Farm Management Software Solution Outlook (Revenue, USD Million, 2017 - 2030)
Software
Services
System Integration & Consulting
Maintenance & Support
Managed Services
Data Services
Analytics Services
Farm Operation Services
Assisted Professional Services
Supply Chain Management Services
Climate Information Services
Farm Management Software Regional Outlook (Revenue, USD Million, 2017 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Asia Pacific
China
India
Japan
South Korea
Australia
Latin America
Brazil
Mexico
Middle East and Africa (MEA)
Kingdom of Saudi Arabia (KSA)
UAE
South Africa
Key Companies profiled:
Ag Leader Technology
AgJunction LLC
BouMatic
CropX, Inc.
CropZilla Inc.
DeLaval
DICKEY-john
Deere & Company
Corteva
CNH Industrial
Trimble Inc.
Climate LLC.
Gamaya
GEA Group Aktiengesellschaft
Farmers Edge Inc.
Grownetics
Order a free sample PDF of the Farm Management Software Market Intelligence Study, published by Grand View Research.
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Rotavators Market Forecast: Key Trends, Opportunities, and Challenges for 2024-2033
The rotavators global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Rotavators Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The rotavators market size has grown strongly in recent years. It will grow from $1.89 billion in 2023 to $1.99 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to increasing global population, growing demand for organic farming, reduction of manual labor in agriculture, growing food demand, rising disposable incomes in emerging markets.
The rotavators market size is expected to see steady growth in the next few years. It will grow to $2.33 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. The growth in the forecast period can be attributed to increasing mechanization in agriculture, rising demand for precision agriculture solutions, increasing adoption of conservation agriculture practices, rising global population and food demand, increasing adoption of mechanized farming practices. Major trends in the forecast period include technological advancements in farming equipment, expansion of commercial farming operations, introduction of innovative farming techniques, strategic collaboration and partnership, expansion of horticulture and floriculture sectors.
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Scope Of Rotavators Market The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Rotavators Market Overview
Market Drivers - The increasing adoption of mechanized farming practices is expected to propel the growth of the rotavator market going forward. Mechanized farming practices refers to the adoption of machinery and technology to perform farming tasks traditionally carried out by manual labor, aiming to increase efficiency, productivity, and overall agricultural output. Mechanization allows for the cultivation of challenging land, improving land utilization, and expanding the variety of crops that can be grown. The use of rotavators allows for soil preparation without requiring large amounts of labor, ultimately leading to improved soil health, higher agricultural output, and increased overall productivity. For instance, in 2021, according to the Department of Agriculture (USDA), a US-based government agency, the adoption of mechanized farming practices has been steadily increasing over the years, with data indicating that the total number of tractors on U.S. farms increased by 4% from 2021 to 2023, highlighting the trend towards mechanization in agriculture. Therefore, the increasing adoption of mechanized farming practices is driving the growth of the rotavator market.
Market Trends - Major companies operating in the rotavator market are focusing on innovative products such as Mahindra Mahavator to gain a competitive edge in the market. Mahindra Mahavator rotary tillers are designed for use with Mahindra tractors and are used for soil cultivation tasks such as seedbed preparation, weed control, and mixing organic matter into the soil. For instance, in August 2021, Mahindra & Mahindra's, an India-based automotive manufacturing corporation, launched the Mahindra Mahavator, a heavy-duty rotavator designed for exceptional performance and durability in a variety of agricultural conditions. It is designed to work with tractors ranging from 33 to 52 HP, providing fuel-efficient operation. This launch introduces digital farming solutions and cutting-edge agricultural equipment, contributing to the modernization of the farming industry.
The rotavators market covered in this report is segmented –
1) By Product Type: Chain Drive Rotavators, Gear Drive Rotavators, Belt Drive Rotavators, Hydraulic Drive Rotavators 2) By Power: Tractor -Mounted Rotavators, Self-Propelled Rotavators, Electric Rotavators 3) By Crop Type: Vegetable, Fruit, Row Crop, Other Crop Types 4) By Application: Agricultural Farming, Horticulture, Sports Fields And Golf Courses, Other Applications
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Regional Insights - North America was the largest region in the rotavators market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rotavators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the rotavators market are Deere & Company, CNH Industrial N.V., Kubota Corporation, Mahindra & Mahindra Ltd., AGCO Corporation, Greaves Cotton Limited, Yanmar Co. Ltd., Valmont Industries Inc., Bucher Industries AG, CLAAS Group, Sonalika International Tractors Ltd., Foton Lovol International Heavy Industry Co. Ltd., Alamo Group Inc., SDF S.p.A., Escorts Group, TAFE - Tractors and Farm Equipment Limited, Lemken GmbH & Co. KG, Väderstad AB, Action Construction Equipment Ltd., Bobcat Company, Kuhn Group, Daedong-USA Inc., Zetor Tractors a.s., Harsons Ventures Private Limited, International Tractors Limited
Table of Contents 1. Executive Summary 2. Rotavators Market Report Structure 3. Rotavators Market Trends And Strategies 4. Rotavators Market – Macro Economic Scenario 5. Rotavators Market Size And Growth ….. 27. Rotavators Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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