#Indoor Farming Technology Market Future outlook

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Indoor Farming Market Share, Rising Trends, Growth Drivers, Opportunities, Challenges, CAGR Status, Business Analysis and Future Outlook Till 2033: SPER Market Research

The practice of cultivating crops indoors without exposing them to the outside environment is commonly referred to as indoor farming. Vegetables, fruits, and herbs are the most widely cultivated indoor crops. Large-scale operations and compact spaces, such as basements, are both possible with indoor farms. Farming practices typically incorporate methods like hydroponics, where crops are nourished by artificial lighting. The yield from indoor farming technologies surpass traditional farming. A controlled environment inside the indoor farming complex creates an optimum growing conditions for the farmers to grow a crop from the seed till the harvesting stage arrives. In order to produce safer and healthier food, indoor farming technology refrains from employing any fungicides and all pesticides.

According to SPER Market Research, ‘Indoor Farming Technology Market Size- By Growing System, By Facility Type, By Component Type, By Crop Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Indoor Farming Technology Market is estimated to reach USD 48.08 billion by 2033 with a CAGR of 9.66%.

 The growing issue of a shortage of land for farming or food production, as a result of the world's population growing at an accelerated rate, is driving the development of indoor farming. Major advantages of indoor farming include improved crop growth, less water use, less reliance on outdoor temperatures or weather, labour cost savings, and improved energy conservation. These advantages are driving the global adoption of indoor farming practices, which is anticipated to fuel the growth of the indoor farming technology market. Modern agriculture has benefited from indoor vertical farming, which is gaining the interest of younger people. Technology for indoor farming makes it possible to maximize agricultural productivity and ecological sustainability due to shorter harvest times and better yields in less area.

Limited funding for agriculture-related businesses slows down research and development for indoor farming in public or private universities, which restricts the amount of data and information available. High set-up cost could be a restraining factor initially in indoor farming technology market. Since indoor farming equipment uses a lot of energy, farmers may find it difficult to pay for their high electricity bills. Furthermore, there is a need for higher public awareness and comprehension on the advantages of sustainable agriculture technologies and indoor farming. In addition, the sector lacks supervision and standards, which leads to variations in the safety and quality of products.

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The COVID-19 pandemic had a range of effects on the global indoor agricultural technology sector. The pandemic has hindered market expansion by causing labour shortages, supply chain interruptions, and a decline in consumer demand for non-essential commodities. However, the outbreak has highlighted the significance of resilient and sustainable food systems as well as food security, leading to increased investment in indoor farming technology. The epidemic has also prompted the development of automation and remote monitoring tools, which let farmers to oversee and manage their indoor crops from a distance. All things considered, the pandemic has brought opportunities as well as challenges to the worldwide indoor farming technology market.

 Indoor Farming Technology Market Key Players:

North America is the leading holder of share in Indoor Farming Technology Market. The need for indoor farming technology has been rising in this area as a result of the expanding involvement of international business lines in agricultural operations to satisfy crop producers' expectations to attain export-quality crops. Some of the key market players are Lumigrow, Signify Holding, Argus Control System, Everlight Electronics.

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Farming Technologies Market Future Outlook

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Earthworm Meal Market Overview: Key Factors Impacting Growth, Dynamics, and Future Outlook

The earthworm meal market is gaining significant traction as industries seek sustainable alternatives to traditional protein sources and environmentally friendly solutions. This emerging market is driven by various factors, ranging from the increasing demand for organic farming practices to the need for alternative protein sources in animal feed. Earthworm meal, which is produced by drying and grinding earthworms into a fine powder, is becoming a key component in agriculture, livestock farming, and even human food production.

Key Factors Impacting Growth

One of the primary factors driving the earthworm meal market is the increasing emphasis on sustainability. With global concerns over environmental degradation and the depletion of natural resources, industries are shifting toward more eco-friendly practices. Earthworms play a crucial role in breaking down organic matter and enriching the soil, making earthworm meal an excellent natural fertilizer. It enhances soil health and improves crop yields, thus positioning itself as a valuable alternative to synthetic fertilizers, which have harmful environmental effects.

In agriculture, organic farming is on the rise as consumers demand pesticide-free and chemical-free food products. Earthworm meal, rich in nutrients like nitrogen, phosphorus, and potassium, is increasingly used as a natural fertilizer, boosting its demand. The ability to improve soil structure and promote sustainable farming practices has made earthworm meal a popular choice among organic farmers. As more countries adopt organic certification standards, the market for earthworm meal is expected to expand, driven by the growing need for environmentally responsible farming inputs.

Another key driver of market growth is the rising demand for alternative protein sources. Traditional animal feed ingredients, such as fishmeal and soy, have raised concerns due to their environmental impact and limited availability. Earthworm meal is an attractive alternative because it is rich in protein, essential amino acids, and micronutrients, making it an ideal ingredient in animal feed. Livestock industries, including poultry, aquaculture, and pig farming, are adopting earthworm meal to meet the nutritional needs of animals while minimizing environmental impact.

In addition to animal feed, earthworm meal is being explored as a potential human food source. Although still in the early stages, some companies are experimenting with earthworm meal as a protein-rich ingredient in protein bars, smoothies, and other health foods. With the global population projected to reach nearly 10 billion by 2050, the need for alternative protein sources is expected to grow. Earthworm meal’s high nutritional value, combined with its sustainable production methods, positions it as a promising solution to meet the protein demands of the future.

Market Dynamics

Several dynamics are influencing the earthworm meal market, including technological advancements in earthworm farming and processing techniques. As farming practices evolve, more efficient and cost-effective methods for producing earthworm meal are being developed. This is reducing production costs and increasing accessibility to smaller-scale farmers and producers. The integration of vertical farming systems, which rely on controlled indoor environments, is also expected to drive demand for earthworm meal. These systems create ideal conditions for mass-producing earthworms, making the production of earthworm meal more scalable.

Regulatory frameworks also play a significant role in shaping the market. As awareness about the potential benefits of earthworm meal grows, governments are increasingly supporting the use of organic fertilizers and alternative proteins. Incentives for sustainable agricultural practices, such as subsidies and grants for organic farming, are boosting the adoption of earthworm-based products. However, regulatory challenges surrounding the commercialization of earthworm meal, particularly in human food products, remain. Strict food safety regulations and consumer acceptance will determine the pace at which earthworm meal enters the human food market.

Future Outlook

The future outlook for the earthworm meal market is promising. With growing global interest in sustainability, the market for earthworm meal is expected to expand in the coming years. Technological advancements in earthworm farming and processing, coupled with the increasing demand for alternative proteins in both agriculture and food sectors, will drive market growth. The integration of circular economy practices and sustainable farming methods will further boost the adoption of earthworm meal as a natural fertilizer.

In conclusion, the earthworm meal market is poised for substantial growth as it taps into key trends of sustainability, alternative protein sources, and organic farming. While challenges remain, particularly regarding regulatory hurdles for human consumption, the market’s potential is immense. As industries and consumers alike seek more environmentally responsible solutions, earthworm meal presents a sustainable and nutrient-rich alternative with wide-ranging applications in agriculture, animal feed, and even human food. The market’s growth is set to shape the future of food and agriculture, providing innovative solutions to some of the world’s most pressing challenges.

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Fibre Optic Sunlight Simulator Market Overview and Future Growth Forecast 2024 - 2032

The fibre optic sunlight simulator market is a niche segment within the broader field of optical and lighting technologies. As industries increasingly focus on sustainability, energy efficiency, and realistic lighting solutions, fibre optic sunlight simulators are gaining traction. This article explores the fibre optic sunlight simulator market, focusing on its significance, current trends, key players, challenges, and future outlook.

Understanding Fibre Optic Sunlight Simulators

The fibre optic sunlight simulator market is poised for significant growth as industries increasingly seek sustainable and efficient lighting solutions. With advancements in technology and a growing awareness of the benefits of realistic light replication.

What Are Fibre Optic Sunlight Simulators?

Fibre optic sunlight simulators are advanced lighting systems that replicate natural sunlight using fibre optic technology. These simulators harness the power of optical fibres to distribute light evenly, creating realistic lighting conditions for various applications, including agriculture, research, and photography. They provide a controlled environment that mimics the spectrum and intensity of sunlight, offering significant advantages over traditional lighting solutions.

Benefits of Fibre Optic Sunlight Simulators

Realistic Light Replication: These systems can closely mimic the spectral quality of natural sunlight, providing optimal conditions for photosynthesis and plant growth.

Energy Efficiency: Fibre optic sunlight simulators consume less energy compared to conventional lighting systems, promoting sustainability.

Reduced Heat Output: By effectively managing heat production, these simulators reduce the risk of overheating in sensitive environments.

Versatility: Suitable for a wide range of applications, including horticulture, art preservation, and scientific research.

Market Overview

Current Market Trends

The fibre optic sunlight simulator market is witnessing notable growth, driven by several key trends:

Growing Demand for Sustainable Solutions: Increasing awareness of environmental issues is pushing industries to adopt more sustainable lighting solutions.

Advancements in Technology: Continuous improvements in fibre optic technology are enhancing the performance and efficiency of sunlight simulators.

Rising Applications in Agriculture: The expanding field of indoor farming and horticulture is creating a demand for effective lighting solutions that promote plant growth.

Regional Analysis

North America: The North American market is characterized by a strong focus on research and innovation, particularly in agriculture and laboratory applications.

Europe: Europe is a significant market for fibre optic sunlight simulators, driven by environmental regulations and the adoption of sustainable practices in various sectors.

Asia-Pacific: Rapid urbanization and increasing investment in agricultural technology in countries like China and India are contributing to the growth of the fibre optic sunlight simulator market.

Key Players in the Market

Major Manufacturers

Solatube International, Inc.: A leading provider of daylighting systems, Solatube specializes in advanced fibre optic sunlight simulators for various applications.

Hortilux Schréder: Known for its innovative lighting solutions, Hortilux produces fibre optic systems tailored for horticultural applications.

LumiGrow, Inc.: LumiGrow offers a range of lighting solutions, including fibre optic systems designed to enhance plant growth and energy efficiency.

Sunlight Direct: Sunlight Direct focuses on sustainable lighting solutions, providing advanced fibre optic sunlight simulators for commercial and residential applications.

Competitive Landscape

The competitive landscape of the fibre optic sunlight simulator market is characterized by ongoing innovation, strategic partnerships, and a focus on research and development. Companies are investing in enhancing their product offerings to meet the evolving needs of various industries.

Challenges Facing the Market

High Initial Costs

The upfront investment required for fibre optic sunlight simulators can be significant, which may deter some potential users, particularly in developing markets.

Technical Complexity

The integration of fibre optic systems can be complex, requiring specialized knowledge for installation and maintenance, which may limit widespread adoption.

Market Awareness

Limited awareness of the benefits and applications of fibre optic sunlight simulators can hinder market growth, necessitating educational efforts to promote these technologies.

Future Outlook

Growth Opportunities

The future of the fibre optic sunlight simulator market appears promising, with several opportunities for expansion:

Emerging Applications: Expanding applications in sectors such as pharmaceuticals, art preservation, and ecological research can drive demand for sunlight simulators.

Technological Advancements: Ongoing innovations in fibre optic technology will enhance the efficiency and functionality of sunlight simulators, broadening their appeal.

Focus on Sustainable Agriculture: As the global demand for sustainable agricultural practices rises, the need for effective lighting solutions in indoor farming will create growth opportunities for fibre optic sunlight simulators.

Conclusion

Fibre optic sunlight simulators are becoming essential tools in various applications. As manufacturers continue to innovate and address challenges, the adoption of fibre optic sunlight simulators is expected to rise, shaping the future of lighting technologies.

[rupalic]

Plant Factory Industry Future Outlook, Global Trends, Industry Share And Top Key Players

The global plant factory market size was valued at US$ 129 million in 2022 and is poised to grow from US$ 138 million in 2023 to US$ 196 million by 2028, growing at a CAGR of 7.3% in the forecast period (2023-2028). Plant factories, also known as vertical farms or indoor farms, are advanced agricultural systems designed to produce crops in controlled environments using cutting-edge technology. These facilities utilize artificial lighting, climate control, and hydroponics or aeroponics to optimize plant growth, offering an innovative solution to the challenges faced by traditional agriculture.

Hydroponic farming, a key component of vertical farming, uses significantly less water than traditional agriculture due to its efficient water use system. Plants consume only 0.1% of the water supplied, with the rest being returned to the environment through evapotranspiration. In contrast, conventional farming often wastes water due to inefficient irrigation, evaporation, and poor water management. Vertical farming allows for efficient water use, using up to 95% less water than traditional methods. According to the Columbia University Earth Institute, vertical farmers use 70% to 95% less water compared to conventional farmers for plant cultivation.

Post-Pandemic Growth: How COVID-19 Accelerated Plant Factory Adoption in Restaurants and Grocery Stores

The adoption of indoor farming by restaurants and grocery stores is gaining momentum, driven initially by retailer acceptance and gradually by public acceptance. Major grocery chains like Walmart, Kroger, and Albertsons have established agreements with indoor growers to source produce. Publix, based in Lakeland, Florida, has also embraced this trend by introducing an on-site trailer farm from a nearby hydroponic grower. According to a 2021 survey by FMI, The Food Industry Association, 43% of consumers expressed a preference for produce grown outdoors over that grown indoors. However, members of Generation Z, who are rapidly becoming America’s most influential demographic, showed a stronger preference for produce from indoor sources.

Greenhouses Dominate Plant Factory Industry Share

Greenhouse farming offers several advantages over traditional farming methods, such as greater control over environmental factors like temperature, humidity, and lighting, which can result in higher crop yields and quality. As growers see the benefits of greenhouse farming, they may also become interested in incorporating plant factory technology into their operations, which can further increase efficiency, reduce costs, and improve crop quality. This can drive further demand for plant factory systems and technologies, leading to further growth in the plant factory industry.

Plant Factory Market Growth Drivers

To meet the rising demand for food and address the challenges posed by shrinking cropland and declining soil fertility, alternative farming techniques like vertical farming have gained prominence. These technologies are crucial for achieving food self-sufficiency, especially in countries that have historically struggled with domestic production and supply due to limited natural resources and unfavorable climatic conditions. The scarcity of arable land, poor soil quality, and increased food demand have spurred the development of innovative methods like vertical farming, which is gradually gaining traction worldwide. Vertical farming optimizes space by growing food in stacked layers or towers, offering advantages such as more efficient land use, consistent year-round crop production unaffected by weather conditions, and reduced water and pesticide usage.

In recent years, many restaurants have embraced the concept of local food, advancing it further with the acceptance of hyperlocal food. This approach involves restaurants either growing their own produce or sourcing it from nearby farms, promoting sustainability and supporting the local economy while ensuring high-quality ingredients. Hyperlocal restaurants, which source almost all their food locally, have become more common. Some restaurants even have their own gardens to grow the vegetables used in their dishes.

Europe Dominates Global Plant Factory Market Share

The plant factory industry has been studied in North America, Europe, Asia Pacific, South America and Rest of the World. The growth of the plant factory market in Europe is driven by a combination of factors, including increased demand for locally grown produce, government support and funding, technological advancements, environmental concerns, and growing consumer interest in sustainable and locally grown produce. Many European countries have implemented policies and initiatives that encourage the adoption of sustainable agricultural practices, including plant factories. For example, the European Union’s Horizon 2020 program has allocated significant funding for research and innovation in sustainable agriculture, including plant factory technology. Additionally, some countries offer tax incentives and other benefits to growers who adopt these practices.

Plant Factory Leaders: How AeroFarms, Gotham Greens, and Others are Shaping Agriculture

· AeroFarms: Transforming urban agriculture with over 14 years of expertise in aeroponics, AeroFarms builds large-scale indoor vertical farms for high-quality baby leafy greens and microgreens. With a focus on local freshness and a patented growing cloth medium, AeroFarms partners with global leaders like IKEA and Goldman Sachs to bring sustainable farming solutions to the US and beyond.

· Gotham Greens: Pioneering urban agriculture, Gotham Greens operates climate-controlled, solar-powered greenhouses across American cities. By leveraging hydroponic technology and machine learning, they produce fresh, local produce year-round, all while minimizing environmental impact with their sustainable energy practices.

· Bowery Farming Inc: As the largest vertical farming company in the US, Bowery Farming Inc. uses cutting-edge technology, including AI and robotics, to grow organic, pesticide-free produce. Their smart farms, powered by BoweryOS, ensure fresh, flavorful greens are available at major retailers and grocery stores across the Northeast and Mid-Atlantic regions.

· Oishii: Revolutionizing the fruit industry, Oishii’s vertical farms in the US produce the renowned Japanese "Omakase Berry." By mimicking ideal growing conditions and eliminating pesticides, Oishii delivers strawberries with unmatched sweetness and quality, advancing sustainability in the vertical farming sector.

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Smart Agriculture Market 2024-2030: Growth Share and Future Trends

The global smart agriculture market size was valued at USD 22.65 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.7% from 2024 to 2030. 

Increasing automation of commercial greenhouses and growing implementation of the controlled environment agriculture (CEA) concept in greenhouses, in a bid to obtain a higher yield and maintain optimum growing conditions, are the key factors driving demand during the forecast period. Cultivators realize the potential benefits of growing plants inside a greenhouse, which has led to the development of commercial greenhouses. Cultivators have shifted from the conventional lighting systems to LED grow lights as the latter can easily be integrated into a CEA setup. Although LED grows lights are high in cost, they are an ideal option for indoor farming, owing to their long-term benefits in terms of energy efficiency.

Gather more insights about the market drivers, restrains and growth of the Smart Agriculture Market

Smart agriculture companies are shifting their focus toward the development of equipment that is integrated with advanced sensors and cameras. Key technologies driving the market demand include livestock biometrics, such as RFID, biometrics, and GPS to help cultivators automatically obtain information regarding livestock in real-time. Furthermore, infrastructural health sensors are used for monitoring material conditions and vibrations in buildings, factories, bridges, farms, and other infrastructure. Coupled with an intelligent network, infrastructural health sensors help provide information to the maintenance team in real-time. In addition, agricultural robots are being used to automate farming processes, such as soil maintenance, weeding, fruit picking, harvesting, planting, plowing, and irrigation, among others.

To sustain profits, farmers are increasingly adopting smarter and more efficient agriculture technologies to deliver high-quality products to the smart agriculture market in sufficient quantities. Mobile technology aids in offering innovative types and applications that are used across the agricultural value chain.

Machine-to-Machine (M2M) applications are particularly suited for the agricultural sector, enabling farmers to monitor equipment, assess the environmental impact on production, precisely manage livestock and crops, and keep track of tractors and other agricultural equipment. M2M is an integral part of IoT, which describes the coordination of multiple devices, appliances, and machines connected to the internet through multiple networks.

The COVID-19 pandemic has brought widespread disruption to the global supply chain, resulting in food shortages and inflation. Necessary measures are required to strengthen the food supply chain and prepare for any future crisis. The ongoing pandemic has highlighted the significance of being able to carry out agricultural operations remotely. The ability of smart agricultural practices to help farmers recoup losses in a relatively shorter lead time is expected to drive future market growth.

Smart Agriculture Market Segmentation

Grand View Research has segmented the global smart agriculture market report based on type, offering, application, and region.

Type Outlook (Revenue, USD Million, 2017 - 2030)

• Precision farming

• Livestock monitoring

• Smart greenhouse

• Others

Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware

o Automation & control systems

o Drones

o Application control devices

o Guidance system

o GPS

o GIS

o Remote sensing

o Handheld

o Satellite sensing

o Driverless tractors

o Mobile devices

o VRT

o Map-based

o Sensor-based

o Wireless modules

o Bluetooth technology

o Wi-Fi technology

o Zigbee technology

o RF technology

o Milking robots

o Sensing devices

o Soil sensor

o Nutrient sensor

o Moisture sensor

o Temperature sensor

o Water sensors

o Climate sensors

o Others

o HVAC system

o LED grow light

o RFID tags & readers

• Software

o Web-based

o Cloud-based

• Types

o System integration & consulting

o Maintenance & support

o Managed types

o Data types

o Analytics types

o Farm operation types

o Assisted professional types

o Supply chain management types

o Climate information types

Application Outlook (Revenue, USD Million; 2017 - 2030)

• Precision farming application

o Yield monitoring

o On-farm

o Off-farm

o Field mapping

o Crop scouting

o Weather tracking & forecasting

o Irrigation management

o Inventory management

o Farm labor management

• Livestock monitoring application

o Milk harvesting

o Breeding management

o Feeding management

o Animal comfort management

o Others

• Smart greenhouse application

o Water & fertilizer management

o HVAC management

o Yield monitoring

o Others

• Others

Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o U.K.

o Germany

o France

o Russia

o Netherland

• Asia Pacific

o China

o Japan

o India

o Australia

o Singapore

• South America

o Brazil

• Middle East and Africa (MEA)

o Turkey

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global agriculture 4.0 market was estimated at USD 67.73 billion in 2023 and is projected to grow at a CAGR of 11.6% from 2024 to 2030. 

• The global AI in food & beverages market size was valued at USD 8.45 billion in 2023 and is projected to grow at a CAGR of 39.1% from 2024 to 2030. 

Key Companies & Market Share Insights

Some of the key players operating in the market include Ag Leader Technology, AGCO Corporation, AgJunction, Inc., AgEagle Aerial Systems Inc., Autonomous Solutions, Inc., Argus Control Systems Ltd, BouMatic Robotic B.V., CropMetrics, CLAAS KGaA mbH, CropZilla, Deere & Company, DICKEY-john, DroneDeploy, DeLaval Inc, Farmers Edge Inc, Grownetics, Inc., Granular, Inc., Gamaya, GEA Group Aktiengesellschaft, Raven Industries, Trimble Inc., Topcon Positioning System among others.

• AGCO Corporation is a U.S.-based agriculture equipment manufacturer. The company develops and sells products and solutions such as tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment.

• Deere & Company is engaged in the manufacturing & construction of agricultural and forestry machinery; drivetrains and diesel engines for heavy equipment; and lawn care machinery. Additionally, the company also manufactures and provides other heavy manufacturing equipment. The company serves diverse industries such as agriculture, forestry, construction, landscaping & grounds care, engines & drivetrain, government and military, and sports turf.

Prospera Technologies and Agrible, Inc. are some of the emerging market participants in the target market.

• Prospera Technologies is a global service provider of agriculture technology for managing and optimizing irrigation and crop health. The company provides AI-based sensors and cameras that aid farmers in crop monitoring.

• Agrible is a U.S.-based agriculture solution provider. The company helps customers in more than 30 countries optimize water use, crop protection, fertilization, fieldwork, research trials, food supply chains, and sustainability initiatives

Key Smart Agriculture Companies:

• Ag Leader Technology

• AGCO Corporation

• AgJunction, Inc.

• AgEagle Aerial Systems Inc.

• Autonomous Solutions, Inc.

• Argus Control Systems Ltd

• BouMatic Robotic B.V.

• CropMetrics

• CLAAS KGaA mbH

• CropZilla

• Deere & Company

• DICKEY-john

• DroneDeploy

• DeLaval Inc

• Farmers Edge Inc

• Grownetics, Inc.

• Granular, Inc.

• Gamaya

• GEA Group Aktiengesellschaft

• Raven Industries

• Trimble Inc.

• Topcon Positioning System

Recent Developments

• In July 2023, Deere & Company announced the acquisition of Smart Apply, Inc. The company planned to leverage Smart Apply’s precision spraying to assist growers in addressing the challenges associated with input costs, labor, regulatory requirements, and environmental goals.

• In May 2023, AgEagle Aerial Systems Inc. announced that it had entered into a 2-year supply agreement with Wingtra AG. This agreement is purposed to secure the supply of RedEdge-P sensor kits for incorporation with WingtraOne VTOL drones. This is specifically resourceful for those seeking to benefit materially from unparalleled, high precision, and plant-level detail in commercial agriculture, environmental research, forestry, and water management applications.

• In April 2023, AGCO Corporation announced a strategic collaboration with Hexagon, for the expansion of AGCO’s factory-fit and aftermarket guidance offerings. The new guidance system was planned to be commercialized as Fuse Guide on Valtra and Massey Ferguson tractors.

• In February 2023, Topcon Agriculture unveiled the launch of Transplanting Control, an exceptional guidance control solution for specialty farmers. This turnkey solution was designed to boost efficiency, reduce labor, and proliferate production. Further, it delivers GNSS-driven guidance, autosteering & control, thereby proving advantageous for the growers of perennial trees, vegetables, and fruits.

• In January 2023, ASI Logistics in collaboration with SICK, Inc. announced the successful implementation of autonomous yard truck operations. In this collaboration, ASI Logistics leveraged its groundbreaking Vehicle Automation Kit (VAK) along with the industry-leading LiDAR systems of SICK.

• In March 2022, Raven announced its business expansion in South Dakota and Arizona to enhance the development of AI-driven technologies for tailoring cutting-edge solutions. The strategy was also aimed at allowing access to a nearby test farm for same-day testing.

• In October 2021, BouMatic announced the acquisition of SAC Group to leverage automatic and conventional milking systems. The transaction demonstrated the company’s incessant commitment to delivering best-in-class dairy farm solutions to consumers across the world.

• In May 2021, AGCO announced a targeted spraying solutions strategic collaboration with Raven Industries Inc., BASF Digital, and Robert Bosch GmbH. The objective of this deal was to assess the targeted spraying technology for enhancing crop protection product applications by limiting crop input costs and addressing environmental sustainability.

Order a free sample PDF of the Smart Agriculture Market Intelligence Study, published by Grand View Research.

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Mushroom Market Size, Share, Industry Trends, Forecast and Growth Prospective 2023-2027

The Mushroom Market Analysis Report provides an in-depth examination of the global mushroom industry, encompassing trends, challenges, and future prospects. As of my last knowledge update in January 2022, the mushroom market has experienced significant growth, driven by factors such as increased consumer awareness of health benefits, culinary versatility, and sustainable farming practices. 

Market Overview 

Market Growth: 

The mushroom market has witnessed substantial growth, propelled by growing consumer interest in plant-based diets and the nutritional benefits associated with mushrooms. 

Culinary trends emphasizing diverse mushroom varieties, including shiitake, oyster, and portobello, contribute to market expansion. 

Diversity in Cultivation: 

Mushrooms are cultivated through various methods, including indoor farming, traditional open-field cultivation, and innovative techniques such as vertical farming. 

A range of cultivated and wild-harvested mushroom species caters to different culinary preferences. 

Industry Segmentation 

Product Segmentation: 

The market encompasses fresh mushrooms, processed mushroom products, and medicinal mushroom supplements. 

Processed mushroom products include dried, canned, and frozen mushrooms, offering convenience and versatility to consumers. 

Technological Landscape 

Innovative Cultivation Practices: 

Advancements in mushroom cultivation technology, including controlled environment agriculture and mycelium-based products, contribute to increased efficiency and sustainability. 

Research and development focus on exploring new mushroom varieties and improving cultivation practices. 

Industry Dynamics 

Global and Local Producers: 

The mushroom market comprises both large-scale international producers and local, small-scale farmers. 

Regional preferences influence the types of mushrooms cultivated, with certain varieties being more popular in specific geographical areas. 

Consumer Trends 

Health and Wellness Trends: 

Consumer awareness of the nutritional and health benefits of mushrooms, including immune-boosting properties and potential medicinal uses, drives market demand. 

The rise of plant-based diets and the use of mushrooms as meat substitutes contribute to market growth. 

Challenges and Considerations 

Supply Chain and Shelf Life: 

Challenges include maintaining the quality and freshness of mushrooms throughout the supply chain, given their perishable nature. 

Innovations in packaging and storage methods aim to extend the shelf life of fresh mushrooms and reduce food waste. 

Global Perspective 

International Trade: 

Mushroom trade is influenced by both local and international factors, with major exporters including China, the Netherlands, and the United States. 

Global demand for exotic and specialty mushrooms contributes to cross-border trade dynamics. 

Future Outlook 

Sustainability and Functional Foods: 

Future trends in the mushroom market are expected to focus on sustainable farming practices, with an emphasis on organic and locally sourced mushrooms. 

Continued exploration of the functional and medicinal properties of mushrooms is likely to drive innovation in product development. 

Conclusion 

The Mushroom Market Analysis Report highlights the industry's resilience and adaptability to changing consumer preferences and dietary trends. As the market continues to expand, a focus on sustainability, technological innovation, and meeting diverse consumer demands will be essential for stakeholders across the mushroom supply chain. Continuous research and development in cultivation practices and product offerings are poised to shape the future of the global mushroom market. 

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Global UV LED Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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What is the Expected Future Outlook for the Overall Global UV LED Market Across the globe?

The Global UV LED market was valued at USD ~billion in 2022P and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022P-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global UV LED market is driven by factors such as increasing adoption of smart home devices across countries. The growing trend of horticulture and indoor farming in developing countries. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

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Increasing government energy-saving policies, and strategies are one of the major factors propelling UV LED market growth.

For instance, in August 2022, the U.S. Department of Energy, an executive department of the U.S. federal government, released two reports focused on better understanding the current state and viability of commercial ultraviolet (UV) LED products. First, initial UV LED standards and distinctions with white LEDs, followed by an operating lifetime study of UV LED products.

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With the increasing innovation and technology, the Global UV LED market is changing rapidly. For instance, In May 2022, Fujifilm, a Japanese photography company, launched the Active Hybrid LED UV retrofit system, to be installed on new presses or retrofitted to existing equipment by label and packaging converters. In addition, the system combines high-power, low-heat LED UV curing technologies with Fujifilm's ink expertise to strengthen label production on narrow web presses. Furthermore, in April 2022, Intertronics, a UK-based distribution company, launched its new range of LED UV curing flood lamps, namely the 'DymaxBlueWave FX-1250 LED UV Curing Flood Lamp,' which can cure LED matched UV curable adhesives, coatings, and inks with high uniformity, irradiances UV light.

The Global UV LED Market is forecasted to continue an exponential growth that is witnessed since 2017. The major driving factors contributing to the expansion of UV LEDs is increasing prevalence of water-borne diseases across countries, along with the Increasing government energy-saving policies, and strategies. Though the market is highly competitive with around ~500 participants, few country-niche players control the dominant share and regional players also hold a significant share.

By Product Type

UV-A

UV-B

UV-C

By Application

Light/UV Curing

Medical Field

Disinfection/Purification

Counterfeit Detection

By End User

Healthcare

Residential

Industrial

Commercial

By Geography

North America

S.

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

Australia

South Korea Rest of Asia Pacific

LAMEA

Latin America

Middle East

Africa

Key Players

Koninklijke Philips N.V.

Nichia Corporation

Nordson Corporation

Phoseon Technology

SemiLEDs Corporation

Seoul Semiconductor Co. Ltd.

Crystal IS, Inc.

Lumileds Holding B.V.

G Electronics

Sensor Electronics Technology

For more information on the research report, refer to the below link:

Global UV LED Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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[data-bridge]

Indoor Farming Technology Market Applications, Products, Share, Growth, Insights and Forecasts Report 2029

Industry Analysis

Data Bridge Market Research analyses that the indoor farming technology market will exhibit a CAGR of 9.60% for the forecast period of 2022-2029. Market Research report on indoor farming technology market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Additionally, the credible Indoor Farming Technology Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for ICT industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.

Get a Free Sample of The Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-indoor-farming-technology-market

Market Insights and Scope            

Indoor farming technology is a method of using various technologies to grow foods and plants within the house. This method uses artificial lighting to produce plants with increased nutrients, and it incorporates soil-based, aeroponics, aquaponics, and hybrid technologies. Indoor farming technology can be applied in the home as well as in the business sector on small and large scales.

An international Indoor Farming Technology Market research report examines competitive companies and manufacturers in the global market. Competitive analysis carried out in this market report puts forth the moves of the key players in the ICT industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. This market report puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. It studies market by product type, applications and growth factors.

Get full access to the report: https://www.databridgemarketresearch.com/reports/global-indoor-farming-technology-market

Industry Segmentation

Indoor farming technology market is segmented on the basis of growing system, facility type, component and crop type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of growing system, indoor farming technology market is segmented into aeroponics, hydroponics, aquaponics, soil-based and hybrid.

Based on facility type, indoor farming technology market is segmented into glass or poly greenhouses, indoor vertical farms, container farms and indoor deep-water culture (DWC) systems.

Based on component, indoor farming technology market is segmented into hardware, and software and services. Hardware is sub-segmented into climate control systems, lighting systems, communication systems, sensors, system controls, irrigation systems and others.

Based on crop type, indoor farming technology market is segmented into fruits and vegetables, herbs and microgreens, flowers and ornamentals and others. Fruits and vegetables are sub-segmented into leafy greens, tomato, strawberry, eggplant and others. Leafy greens are further segmented into lettuce, kale, spinach and others. Herbs and microgreens are sub-segmented into basil, herbs, tarragon and wheatgrass. Flowers and ornamentals are sub-segmented into perennials, annuals and ornamentals.

 

Market Country Level Analysis

The countries covered in the indoor farming technology market report are

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

An influential Indoor Farming Technology Market research report displays an absolute outline of the market that considers various aspects such as product definition, customary vendor landscape, and market segmentation. Currently, businesses are relying on the diverse segments covered in the market research report to a great extent which gives them better insights to drive the business on the right track. The competitive analysis brings into light a clear insight about the market share analysis and actions of the key industry players. With this info, businesses can successfully make decisions about business strategies to accomplish maximum return on investment (ROI).

 

Industry Share Analysis

Some of the major players covered in the indoor farming technology market report are

Logiqs B.V., Illumitex, Vertical Farm Systems, Hydrodynamics International, General Hydroponics, Certhon, Dalsem, Richel Group, American Hydroponics, Harnois Greenhouses, Richel Group, Urban Crop Solutions, Vertical Farm Systems, Agrilution GmbH, Green Sense Farms, American Hydro Phonics, Philips Lighting, Everlight Electronics, Argus Controls Systems, Netafim and Lumigrow among others.

 

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About Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market                                                                                                                                                                     

Contact: Data Bridge Market Research Tel: +1-888-387-2818   Email: Sopan.gedam@databridgemarketresearch.com

[ken-research-market-research]

Landscape of the Worldwide Indoor Farming Technologies Market Outlook: Ken Research Buy Now The Indoor farming is an approach of increasing the crops frequently on a great scale, wholly indoors.

[pallavi24]

Indoor Farming market Insights 2021, Global Analysis and Forecast to 2027

 A significant Indoor Farming market research study helps in planning by providing accurate and state-of-the-art information about the consumer’s demands, preferences, attitudes and their changing tastes about the specific product. It estimates the market share and possible sales volume of a client company. The industry report makes familiar with the types of consumers, their views about the product, their buying intentions and their ideas for the step up of a product. Moreover, Indoor Farming market analysis report discovers the better and new methods to distribute the products to consumers and also recognizes the extent of the marketing problems.

 Get Sample Copy of Report @ https://extrapolate.com/sample/Information-Technology-Communication-IoT/Indoor-Farming-Market-Insights-2021-Global/7456

 There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.

For competitor segment, the report includes global key players of Indoor Farming as well as some small players. At least 12 companies are included:

·         Philips Lighting

·         Everlight Electronics

·         Argus Controls Systems

·         Netafim

·         Lumigrow

·         Logiqs

 A trustworthy Indoor Farming market research report guides the manufacturer about planning of advertising and sales promotion efforts thereby making it more effective. It not only restrains the risks of ambiguity but also assists in taking sound decisions. Furthermore, the market report helps keep hold of reputation of the firm and its products. Whether it is about the product, customer, competitor or marketing strategy, market research analysis report helps drive the business in a right direction. To gain competitive advantage and to thrive in the market, go for Indoor Farming market report.

For product type segment, this report listed main product type of Indoor Farming market in global and china.

·         Glass or Poly Greenhouses

·         Indoor Vertical Farms

·         Container Farms

·         Indoor Deep Water Culture (DWC) Systems

 For end users/application segment, this report focuses on the status and outlook for key applications. End users are also listed.

·         Fruits & Vegetables

·         Herbs & microgreens

·         Flowers & Ornamentals

·         Others

  Globalization makes it clear that market research report hold an immense importance for the growth of many businesses. The wide ranging Indoor Farming market document proves to be true in this regard and is designed in a way that is anticipated. It’s the demand or necessity of today’s business to do market research analysis before taking any verdict about the products. This is the transparent market report which has been structured with authentic tools and techniques. The market research analysis conducted in the winning Indoor Farming market report helps improve product and also decide about the necessary changes to the future products.

[topmarketreportnews]

Hybrid Seeds Market - Global Industry Outlook Research Report 2021-2026 Added By DecisionDatabases

The global Hybrid Seeds Market report offers a comprehensive assessment of the market for the forecast years. The report contains several segments and an analysis of the market trends and growth factors that are playing a vital role in the market. These factors encompass the drivers, restraints, and opportunities. This globe industry offers an outlook on the strategic development of the market in terms of revenue profits over the forecast period 2021-2026.

The key market players for the global Hybrid Seeds market are listed below:

Bayer CropScience

Corteva Agriscience

Syngenta

Limagrain

KWS

Sakata seed

DLF

Longping High-tech

Euralis Semences

Advanta

China National Seed Group

InVivo

Seminis

Advanta

Others

Click here to get a FREE Sample Copy of the Hybrid Seeds Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-23913

The Global Hybrid Seeds Market Report is equipped with market data from 2016 to 2026. The report gives a market overview covering key drivers and risk factors. The report is bifurcated by top global manufactures mentioning sales, revenue, and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2021 to 2026. The detailed sales channel is also covered in the study.

COVID-19 Impact Analysis on Hybrid Seeds Market

The global pandemic COVID-19 has affected the Hybrid Seeds market directly or indirectly. This study covers a separate section giving an explicitly clear understanding of the aftereffects of this pandemic. The detailed study highlights the probable outcomes of this global crisis on the Hybrid Seeds industry. The impact study on production, supply-demand, and sales provides a holistic approach to the future.

Do You Have Any Query Or Report Customization? Ask Our Market Expert @ https://www.decisiondatabases.com/contact/ask-questions-23913

Why Purchase this Report?

A robust research methodology has been followed to collect data for the report. Data, thus collected passes through multiple quality checks to ensure the best quality is served.

The report gives a holistic view of the competitive scenario of the Hybrid Seeds market

The latest product launches along with technological changes and development are covered in the report.

The data analysis in the report helps in understanding the anticipated Hybrid Seeds market dynamics from 2021 to 2026.

DecisionDatabases has a vast repository of data, therefore, we can accommodate customized requirements also.

The graphs, tables and pie charts, and info-graphics covered in the report will help in a better understanding of the report.

The market drivers, restraints, upcoming opportunities, and anticipated restraints cited in the report will assist in making an informed decision.

To better understand the market scenario, the Hybrid Seeds market is segmented as below:

By Types:

Grain

Fruits and Vegetables

Oilseeds

Others

By Applications:

Indoor Farms and Floriculture

Outdoor Farms

By Regions:

North America (U.S., Canada, Mexico)

Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe)

Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

Latin America (Brazil, Rest of L.A.)

The Middle East and Africa (Turkey, GCC, Rest of Middle East)

The content of the study subjects includes a total of 14 chapters:

Chapter 1: To describe Hybrid Seeds product scope, market overview, market opportunities, market driving force, and market risks. Chapter 2: To profile the top manufacturers of Hybrid Seeds, with price, sales, revenue, and global market share of Hybrid Seeds in 2018 and 2019. Chapter 3: The Hybrid Seeds competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4: The Hybrid Seeds breakdown data are shown at the regional level, to show the sales, revenue, and growth by region, from 2015 to 2020. Chapter 5 and 6: To segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020. Chapter 7, 8, 9, 10 & 11: To break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2016 to 2021 and Hybrid Seeds market forecast, by regions, type, and application, with sales and revenue, from 2021 to 2026. Chapter 12, 13 & 14: To describe Hybrid Seeds sales channel, distributors, customers, research findings and conclusion, appendix, and data source.

Directly Purchase the Complete Global Hybrid Seeds Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-23913

About Us:

DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.

For more details: DecisionDatabases.com E-Mail: sales@decisiondatabases.com Phone: +91 90 28 057900 Web: https://www.decisiondatabases.com/

[blueweave8]

Hydroponics Market Insight, Outlook 2021

According to BlueWeave Consulting, The Global Hydroponics Market has reached USD in 2019 and is further projected to reach USD by 2026, growing at a CAGR during the forecast period. Plants are grown in the mineral nutrient solution and soil-less circumstances known as hydroponics. Usually, crops were grown in a specific climate condition but in hydroponics, they are grown in the measured environment system. Hydroponics uses two approaches to grow crops as solid-average culture and solution culture. However, solution culture is gaining approval across the world.The main growth reasons for the hydroponic industry is the higher yield in comparison to traditional agricultural techniques. Growth in the consumption of exotic, salad crops, and the need for worldwide food security is predictable to fuel the market. Lack of methodical knowledge regarding the soil-less agriculture system and high setup cost is predicted to restrain the market growth to some extent. However, improved cultivation of therapeutic plants and changes in farming approach may deliver future development opportunities for the industry. Besides, with the service of vertical farming technology, there is an increase in the lettuce yield per year, which in turn is predicted to fuel the market growth.Higher yield as compared to conventional agriculture practices

Growing demand for maintainable and safe farming performance & advanced yield of crops grown under hydroponic facility over old-style farming are the main factors driving the global hydroponics market. Moreover, growing consumer requests for pesticide-free, organic food in tier-1 cities are driving the growth of institutions of hydroponics farms. These hydroponics-farming techniques hamper the usage of synthetic pesticides, growth hormones, and antibiotics, allowing the produce to meet organic standards. Also, owing to controlled ecological conditions, the result of climatic changes can be stable with the help of these systems, thereby not affecting the annual crop production. CEH techniques directly affect the crop harvest cycle. Since climatic changes show a negligible effect on such systems, crops can be produced all year round, thereby again increasing the produce.Sample Copy of the Report :

https://www.blueweaveconsulting.com/report/global-hydroponics-market/report-sample

Higher Consumption of Salads and VegetablesThe demand for interesting fruits and vegetables has been regularly growing at an advanced rate due to the improved purchasing power of customers. The price of these exotic products is high, as most of these products are imported, and thus, numerous research institutions and universities are concentrating on founding more easy hydroponics systems, to hasten the production of exotic fruits and vegetables and meet the escalating demand. Increasing alertness among the consumers of eating fresh vegetables will also fuel the market in the future. Request for Exotic vegetables like red and yellow capsicum, red lettuce in Retail companies like KFC, Pizza, Burger King will drive the market.RestraintHigh capital investment for large-scale farmsDissimilar types of gear including HVAC systems, control systems, fans, ventilation, irrigation systems, rails, and lights are the main cost reasons in a hydroponic farm. This huge cost for the early set up of the system is the main reason abstaining farmers from spending in these systems. However, the yield got from these systems is advanced, and the product can also be advertised as premium products, thereby nurturing the ROI for growers.The HVAC of Equipment Section occupy the largest share of the Global Hydroponics Market Heating, Ventilation & Air Conditioning or HVAC plays a key role in the development of indoor growers, as the system is accountable for cooling, dehumidification, and maintaining the best temperature inside the facility. HVAC systems are vital for the operation of hydroponic and aeroponic farms and should be dependable and well-controlled. Further, the economic costs of the system over other gear and utilities that go into hydroponics the HVAC is projected to skill an increasing demand.Europe is expected to witness significant growth in the market during the forecast periodEurope has usually been at the lead of implementing advanced practices in hydroponic smart greenhouse gardening. Countries such as Spain, the Netherlands, and France have large areas under greenhouse farming. However, in the Netherlands, the cultivators mostly cultivate their plants in meek tunnel-like greenhouses without the use of climate control technologies. Advancement in greenhouse farming has reinforced the development of hydroponics in Europe. According to national government statistics, the acceptance of hydroponics has been seen to be the uppermost across all European countries. Thus, the market is highly settled in the region.The leading players” in the Hydroponics Market includes Signify Holdings (Netherlands), Argus Control Systems (Canada), Heliospectra AB (Sweden), Scotts Miracle-Gro (US), American Hydroponics (US), LumiGrow (US), Emerald Harvest (US), Hydroponic Systems International (Spain), Advanced Nutrients (Canada), Vitalink (UK), Hydrodynamics International (Spain), Logiqs B.V (Netherlands), Grobo (US), and American Hydroponics (US) and other prominent players are expanding their presence in the market by implementing various business strategies. About UsBlueWeave Consulting provides all kinds of Market Intelligence (MI) Solutions to businesses regarding various products and services online & offline. We offer comprehensive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions company providing agile assistance to make your business endeavors successful.

[research-analyst]

Agricultural Chelates Market Revenue Analysis, Company Revenue Share, Global Forecast Till 2028

Reports and Data has recently added a new research report titled Global Agricultural Chelates Market Forecast to 2028 to its wide database that offers extensive information about the Agricultural Chelates market with regards to market share, market size, revenue growth, global and regional reach, and product portfolio offered by the market. The report focuses on current and emerging trends in the agriculture industry such as sustainable farming, novel irrigation and air seeding technology, incorporation of GPS and satellite imagery to boost productivity of the farms, and rapid adoption of smart agriculture to offer crucial insights into technological developments and progress of the sector.

Agriculture is one of the fastest growing industries worldwide attributed to growing population and surging demand for food and food products. Top companies in the market are focusing on R&D activities to expand their product offerings and cater to growing global demand. The report further offers insights into recent developments, mergers and acquisitions, product launches, supply and demand, and macro- and micro-economic factors affecting the market growth.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/4044

Market Dynamics:

Agriculture sector is one of the most important revenue generating sector and contributes significantly to the overall economic growth of a country. Technological advancements in agricultural equipment and techniques have drastically boosted output and production capacity. Rapid integration of ICT, robotics, aerial imagery and GPS techniques, and the Internet of Things, among others have radically shaped agricultural sector in the recent past. Growing adoption of precision agriculture and drones have enabled farms and businesses to increase their profit margins and improve their operations to be more efficient, safer, and environmentally sustainable.

Technological advancement in agricultural sector has led to higher productivity of crops, limited use of water and fertilizers which in turn have minimized crop prices, lower release of chemicals and pesticides into water bodies, and safer conditions of growing and high quality crops. Growing demand and increasing consumption of food across the globe owing to rapidly growing population is a key factor contributing to the revenue growth of the market. The report discusses the industry scope and development in key regions of the world such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa to offer crucial insights about lucrative growth opportunities with regards to production and consumption pattern, supply and demand, consumer demand, and regulatory framework.

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/4044

Key companies in the market are focusing on R&D for development of novel and advanced agricultural devices, temperature and moisture sensors, and systems to supply to the growing demand. Moreover, they are offering training and assistance to farmers on how to deploy and utilize novel technologies along with their existing practices to boost farm and livestock productivity. The competitive landscape section of the report discusses in detail the company overview, product and services portfolio, business expansion plans, production and manufacturing capacity, financial standing, and global market position. It further sheds light on the recent mergers and acquisitions, collaborations, partnerships, corporate and government deals, agreements, and product launches.

Top companies operating in the market and profiled in the report include:

BASF SE (Germany), Nouryon (Netherlands), The Dow Chemical Company (US), Yara International (Norway), ICL (Israel), Haifa Chemicals Ltd (Israel), Syngenta (US), Nufarm Ltd. (Australia), Aries Agro Ltd. (India), The Andersons, Inc. (US), ATP nutrition (Canada), Manvert (Spain), BMS-Micronutrients NV (Belgium), Wilbur-Ellis company (US), Compo Expert GMBH (Germany), Greensmiths, Inc. (US), Agmin Chelates Pty. Ltd. (Australia), and Van Iperen International (Netherlands) are some key players operating in the global agricultural chelates market.

To know more about the report @ https://www.reportsanddata.com/report-detail/agricultural-chelates-market

Further, the report segments the Agricultural Chelates market on the basis of product types, applications, end-use industries, and technology among others. The report offers insights into key factors influencing the revenue growth of the segment and provides information about lucrative investment opportunities to stakeholders, investors, and clients.

Agricultural Chelates Market Segmentation:

Type Outlook (Revenue, USD Billion; 2018 – 2028)

 HEDP

 HETDA

 Organic      Acids

 NTA

Micronutrient Type Outlook (Revenue, USD Billion; 2018 – 2028)

 Zinc

 Copper

 Magnesium

 Calcium

Crop Type Outlook (Revenue, USD Billion; 2018 – 2028)

 Turf

 Ornamental      Crops

End-Use Outlook (Revenue, USD Billion; 2018 – 2028)

Agriculture

Indoor     Farming

Application Outlook (Revenue, USD Billion; 2018 – 2028)

 Trunk      Injection

 Implantation

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/4044

Objective of Studies:

·         To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Agricultural Chelates market.

·         To provide insights about factors affecting the market growth. To analyze the Agricultural Chelates market based on various factors- price analysis, supply chain analysis, Porte five force analysis etc.

·         To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America and Rest of the World.

·         To provide country level analysis of the market with respect to the current market size and future prospective.

Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.  

Jewelry Market @ https://www.reportsanddata.com/blog/the-jewelry-industry-in-2020-and-beyond-top-10-companies-in-the-market

Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports

Visit our blog for more industry updates @ https://reportsanddata.com/blog/top-8-food-industry-trends

1-Decene Market http://www.marketwatch.com/story/1-decene-market-growth-to-be-worth-usd-9507-million-by-2028---reports-and-data-2021-08-05

1-Propanol Market http://www.marketwatch.com/story/1-propanol-market-revenue-growth-factors-trends-key-companies-forecast-to-2026-2021-08-16

[yaorong]

The LED grow light market is booming and heavy volume is coming soon

Nowadays, the LED grow light market is still mainly concentrated in a few countries and regions such as Japan, the United States, and the Netherlands. Europe: It accounted for 35% of the global LED grow light market in 2017 and continues to grow. Many European countries actively promote plant factories and provide subsidies to stimulate local demand. North America: Many start-up farms and food suppliers have been using LED grow lights to cope with weather obstacles, and long winters and short sunlight have always been a limiting factor in agriculture.

The development process of my country's LED grow light industry is relatively slow, mainly due to the low input-output ratio of domestic plant factories and the high price of output products. However, the high-efficiency and energy-saving characteristics of LED grow lights represent the future development direction of green agricultural lighting. It is extremely widespread in the field of planting and has received strong support from the domestic agricultural sector, and the foreign market is even hotter.

By application: Plant factories lead the demand. LED grow lights are widely used in the field of plant cultivation, including plant tissue culture, leafy vegetable cultivation, plant factories, seedling factories, edible fungi factories, algae cultivation, plant protection, flower cultivation, etc. Many terminal applications nowadays are professional plant factories and greenhouse growers who are gradually replacing HID.

Reasons for the booming LED grow light market:

Legalization of medical marijuana in North America

The medical value of marijuana has been fully academically proven, and its multiple effects can fight a variety of diseases. Hundreds of special compounds (collectively referred to as "cannabinoids") have been found in cannabis, of which THC and CBD are the main cannabinoids. According to the THC content, hemp can be divided into industrial hemp (<0.3%), intermediate hemp (0.3%~1%), and recreational hemp (>1%). Among them, medical marijuana can help increase appetite and relieve the vomiting symptoms of AIDS patients and patients during chemotherapy; it can help patients suffering from insomnia, mental stress, and chronic pain. Cannabis can be used as an effective anti-inflammatory drug and has curative effect on epilepsy and Tourette's syndrome.

The global legalization of cannabis medical marijuana continues to advance. Israel is a pioneer country in allowing marijuana medical use worldwide, and in 1996 it formulated a national plan focusing on medical marijuana. On November 26, 2018, South Korea became the first country in East Asia to legalize medical cannabis. From 2019 to 2018, Canada, Uruguay, Australia, Germany, Thailand, and the United Kingdom have successively legalized medical marijuana. As of January 2019, 34 countries around the world have declared medical cannabis legal, and more than 50 countries have declared CBD legal.

With the gradual lifting of upstream restrictions, the medical marijuana market welcomes strong growth. At the end of 2018, the United States passed a new farm bill to legalize the cultivation of industrial hemp at the federal level. The North American hemp market rapidly expanded. In 2019, the legal cultivation area of industrial hemp in the United States surged to 453,000 acres, an increase from 78,100 acres in 2018. 479%. According to NewFrontierData data, the size of the US legal cannabis market will increase from USD 13.6 billion to USD 29.7 billion in 2019-2025, with a CAGR of 13.90%; the medical marijuana market will increase from USD 6 billion to USD 13.1 billion with a CAGR of 13.89%.

The downstream application space of industrial hemp is vast, and it is expected to penetrate into more fields in the future. At present, Coca-Cola, Pepsi, Red Bull, Nestle and other companies have publicly announced that they will develop and use industrial hemp.

Increase in population and decrease in arable land

Over the past 60 years, global population growth has been in sharp contrast with the decline in per capita arable land. From 1960 to 2019, the global population increased from about 3 billion to 7.7 billion. From 1961 to 2018, the global per capita arable land area fell from 0.36 to about 0.18; my country’s per capita arable land area fell from 0.16 to 0.09.

With the continuous advancement of urban construction, problems such as the reduction in the proportion of agricultural land in developed countries have emerged. The current proportion of agricultural land in the United States, the United Kingdom, France, Germany, and South Korea has all declined by about 4-10pct compared with the 1960s. According to the 2017 revised report of the United Nations "World Population Outlook", the world's population is expected to reach 8.6 billion in 2030, 9.8 billion in 2050, and 11.2 billion in 2100. Existing cultivated land design still cannot avoid the ultimate contradiction of limited cultivated land area. However, vertical agriculture can be extended vertically in space, and population growth will become the most important growth driver for vertical agriculture/plants.

Vertical agriculture has greatly increased the yield of crops per unit area. The plant factory rack can be as high as more than 10 layers. For example, Nordic Harvest, the largest farm in Europe, is equipped with 14-layer racks. The plant factory can harvest 15 times a year on average. Compared with traditional planting, it can greatly increase the yield of crops twice a year. The basis of all this is that LED grow lights are needed to complete. Therefore, the market demand for LED grow lights is at the same time as the development of vertical agriculture. Expand further.

Vertical agriculture can reduce costs and increase efficiency in multiple dimensions such as distribution and water resource utilization. Vertical agriculture can be located in urban centers to achieve shorter food miles, isolate from pathogens, reduce soil degradation, and recapture and recycle nutrients and water. The agricultural products of vertical agriculture are more consistent and stable in price, and they are grown in regions with harsh climates (such as deserts or the Arctic). As indoors, vertical farms can "perfectly fine-tune" all conditions through LED grow lights to maximize productivity, making investment in basic biological research play an important role.

Through the above understanding of the booming LED grow light market, more and more companies are engaged in the field of plant lighting. The various LED grow lights produced by Yaorong Technology are highly recognized by users. On the road of future development, we will always insist on producing good products to help more plant cultivation become more efficient and reliable.

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Global Farm Management Software and Data Analytics Market 2026: 365FarmNet GmbH, AgJunction, AGCO, Ag Leader Technology, Agrinavia, Agrivi, Agroptima, aWhere, Claas, CNH Industrial, CropIn Technology Solutions, CropX inc, John Deere, EFC Systems, Farmers Edge Inc

The Global Farm Management Software and Data Analytics market research covers an exhaustive market analysis encompassing the key aspects of the industry thoroughly defining the current market dynamics. It assesses the specific growth patterns, scales and business developments as a part of the current Farm Management Software and Data Analytics market scenario. The study report displays a balanced statistical and theoretical data representation with an accurately estimated forecast comprising of the growth prospects in the determined period of time. The study also determines the global Farm Management Software and Data Analytics market share and size along with the metric predictions associated with the growth and development over the forecast period. The study primarily focuses on the accurate growth projections delivered in the report.

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The global Farm Management Software and Data Analytics market analysis covers product and application segments:

365FarmNet GmbH AgJunction AGCO Ag Leader Technology Agrinavia Agrivi Agroptima aWhere Claas CNH Industrial CropIn Technology Solutions CropX inc John Deere EFC Systems Farmers Edge Inc AgriSight Granular Inc Hexagon Agriculture Iteris SourceTrace Site-Specific Technology Development Group Afimilk AgriWebb BouMatic Artemis Aquabyte Aquanetix Limited

  In addition, the market report compiles a series of influential factors categorised as the market drivers and restrains. The specific drivers analysed in the study reflect the estimated growth projections during the forecast. This class of factors derives the positive impact on the global Farm Management Software and Data Analytics market growth. The study understands the major elements boosting the demand rate as well as the revenue incurred by the market. Besides, the market report consists of the major restraining factors effectively inhibiting the growth of the global Farm Management Software and Data Analytics market. Adding to the assessment of integral factors, the market study identifies the most influential market trends influencing the growth curve along with the opportunities and challenges.

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  Based on Product

Software Platform

Based on Application

Precision Crop Farming Livestock Monitoring & Management Indoor Farming Aquaculture Other

  It emphasizes on the changing market scenario particularly with the emergence of novel COVID-19 outbreak. The market study observes the disruptions caused by the pandemic on a global scale risking the competitive edge of the Farm Management Software and Data Analytics market among its peers. Individually incurred losses by the Farm Management Software and Data Analytics market are observed in the market study indicating the specific challenges for the industry. the market report also identifies the changes in the revenue generation prior the pandemic and after the pandemic. It also observes the initiatives of private and public organizations to enhance the growth opportunities for the global Farm Management Software and Data Analytics market.

  Moreover, the study also compiles the efforts of major Farm Management Software and Data Analytics market players listing the dominating competitors. The competitive landscape of the global Farm Management Software and Data Analytics market consists of the crucial market players generating majority revenue significantly contributing to the overall growth and development of the market. Besides, specific innovative strategies already implemented showing promising results coupled with the integration of advanced systems by the major market players is indicated accurately in the global Farm Management Software and Data Analytics market analysis focusing on their impact on the future growth.

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Global Vertical Farming Market

Global Vertical Farming Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030

Vertical farming is a comprehensive proceed towards food production and medicinal plants production in vertically stacked layers. It provides huge quality fresh and nutritious food without relying on favourable weather, high water usage, skilled labour, little space and high soil fertility. Moreover, it provides a favourable environmental condition for the growing of fruits, vegetables and non-edible plants along with to ensure sustainability by addressing food security issues. With the rapid advancements in technology and the implementation of artificial intelligence in various industries are responsible for an increased rate of urbanization. That’s why; vertical farming has been advanced on the basis of its potential to provide large populations concentrated in urban areas with locally grown food and demands of an ever-growing worldwide population. Attributed to challenges and costs of transporting fresh crops to larger cities, urban farmers have realized the potential in utilizing existing square meters in tall city buildings and producing crops locally. This process is profitable for many organizations such as Corporate Social Responsibility (CSR) through sustainable agricultural practices include the use of controlled-environment agriculture technology and indoor farming techniques. The global vertical farming market was expected at USD 5.5 billion in 2020 and will register to a CAGR of 21.5% during the forecast period.

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Market Dynamics and Factors:

An increasing demand for high-quality food, without pesticides, independent farming technique with no impact of climatic conditions and possible to grow vegetables & fruits in a limited space; are the major drivers for the growth of the global vertical farming market. In addition, it reduces the intervention of machines required during conventional farming. Thus, the optimum use of vertical space and balanced energy utilization are some of the other factors which will drive the market during forecast time. Conversely, high initial investment is required for setting the vertical structure, lighting and irrigation systems are responsible to restrain the market growth.  Additionally, the technologies used in this farming enables to keep track of plants growth and harvesting are also boosting the growth of market during the next coming years. On the rather hand, the expansion in urban population and surge in adoption of technology driven agriculture are creating immense opportunities for the market growth during forecast timeframe. However, the high initial investment, lack of technical skills and limitations on variety of crops grown are considered to be the challenge for market in upcoming years.

Market Segmentation:

Global Vertical Farming Market – By Growth Mechanism 

Hydroponics

Aeroponics

Aquaponics

Global Vertical Farming Market – By Structures

Building

Shipping Container

Global Vertical Farming Market – By Component

Irrigation System

Lighting

Sensor

Climate Control

Building Material

Others

Global Vertical Farming Market – By Application

Indoor

Outdoor

Others Global Vertical Farming Market – By Geography

North America

U.S.

Canada

Mexico

Europe

U.K.

France

Germany

Italy

Rest of Europe

Asia-Pacific

Japan

China

India

Australia

Rest of Asia Pacific

ROW

Latin America

Middle East

Africa

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020354 

Geographic Analysis:

North America dominates the largest share for the growth of the global vertical farming market. The dominant position in the market is attributed to high demand for organic food, presence of large number of project entrepreneur and Research & Development centres in the region. Additionally, Asia pacific is expected to fastest growing regional market, owing to rising demand of organic food, shortage of the rain and government initiatives for the subsidies during the forecast time frame.  Moreover, growing awareness towards to alternative farming with less availability of fertile agricultural land and increasing population are the main factor expected to spur the industry demand. Europe holds the significant regional market which is attributed to the availability of water in central and southern regions, genetically modified crop technology, and requirement of ensuring urban food security. In addition, an acceptance of nanotechnology and robotics will support in improving food packaging and crop life from pest and other diseases which turn into fuel the market in future. Furthermore, regions across ROW are projected to witness stable growth of the market over the upcoming.

Competitive Scenario:

The key players of global vertical farming markets are 4D Bios Inc., AeroFarms, Agrilution, AMHYDRO (American Hydroponics), Everlight Electronics Co., Ltd, Hort Americas, Illumitex Inc., Koninklijke Philips N.V., Sky Greens, Green Sense Farms, Urban Crop Solutions Inc., Vertical Farm Systems, and Spread Co. Ltd.

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How will this Market Intelligence Report Benefit You?

The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

Exclusive insight into the key trends affecting the Global Vertical Farming industry, although key threats, opportunities and disruptive technologies that could shape the Global Vertical Farming Market supply and demand.

The report tracks the leading market players that will shape and impact the Global Vertical Farming Market most.

The data analysis present in the Global Vertical Farming Market report is based on the combination of both primary and secondary resources.

The report helps you to understand the real effects of key market drivers or retainers on Global Vertical Farming Market business.

The 2021 Annual Global Vertical Farming Market offers:

100+ charts exploring and analysing the Global Vertical Farming Market from critical angles including retail forecasts, consumer demand, production and more

15+ profiles of top producing states, with highlights of market conditions and retail trends

Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Vertical Farming Market type

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Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.

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