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prenasper · 8 months ago

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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.

For More Information, refer to below link:-

Farming Technologies Market Future Outlook

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Sara Lopes, Business Consultant – U.S.A.

SPER Market Research

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globalinsightsservices · 2 years ago

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Indoor Farming Technology Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031

New York,Global Indoor Farming Technology Market report from Global Insight Services is the single authoritative source of intelligence on Indoor Farming Technology Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Indoor farming technology is the application of modern agricultural techniques and equipment to grow crops indoors, in a controlled environment. This can be done in a variety of settings, including greenhouses, warehouses, and even shipping containers.Key Trends

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Key Trends

The main trends in indoor farming technology are automation, precision farming, and controlled environment agriculture (CEA).

Automation is being used more and more in indoor farming to help reduce labor costs and increase efficiency. Robotics is one area that is seeing a lot of growth in indoor farming, with many developing robots to help with tasks such as planting, thinning, and harvesting.

Precision farming is another key trend in indoor farming technology. This involves using sensors and other data-driven techniques to manage crops more effectively. For example, by monitoring temperature, humidity, and light levels, farmers can make sure that conditions are optimal for plant growth. This can help to improve yields and reduce wastage.

CEA is another important trend in indoor farming technology. This involves controlling the environment in which plants are grown, in order to optimize conditions for growth. For example, by using LED lighting, farmers can reduce energy costs and create the perfect light spectrum for plant growth.

Key Drivers

The key drivers of indoor farming technology market are the ever-increasing demand for food, the need for higher crop yields, and the dwindling land and water resources. The other drivers include the changing climatic conditions, the increasing population, and the need for better quality food.

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Market Segments

By Growing System

Hydroponics

Aeroponics

Aquaponics

Soil-based

Hybrid

By Facility Type

Glass or Poly Greenhouse

Indoor Vertical Farm

Container Farm

Indoor DWC System

By Component

Hardware

Software & Services

By Crop Type

Fruits & vegetables

Herbs & Microgreens

Flowers & Ornamentals

Others

Key Players

Signify Holding

Everlight Electronics

Argus Control Systems

LumiGrow

Netafim

Logiqs

Richel Group

Vertical Farm Systems

Key Players

Signify Holding

Everlight Electronics

Argus Control Systems

LumiGrow

Netafim

Logiqs

Richel Group

Vertical Farm Systems

General Hydroponics

Heliospectra AB

Philips Lighting

GreenPower Farm Systems

Heliospectra

Valoya

GrowGeneration

Hort Americas

LumiGrow

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10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Excel data pack included with all report purchases

Robust and transparent research methodology

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Global Insight Services LLC 16192, Coastal Highway, Lewes DE 19958 E-mail: [email protected] Phone: +1–833–761–1700 Website: https://www.globalinsightservices.com/

#Global Indoor Farming Technology Market #Indoor Farming Technology Market #Indoor Farming Technology Market 2022 #Indoor Farming Technology Market Covid 19 #Indoor Farming Technology Market Forecast #Indoor Farming Technology Market growth #Indoor Farming Technology Market Research Report #Indoor Farming Technology Market Share #Indoor Farming Technology Market Size #Indoor Farming Technology Market Trends

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themarketinsights · 2 years ago

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Indoor Farming Technology Market to See Booming Growth | General Hydroponics, LumiGrow, Richel Group, agrilution

Advance Market Analytics published a new research publication on “Global Indoor Farming Technology Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Indoor Farming Technology market was mainly driven by the increasing R&D spending across the world.

Major players profiled in the study are:

Philips Lighting (Netherlands), Argus Controls Systems (Canada), LumiGrow (United States) , Netafim (Israel), General Hydroponics (United States) , Logiqs (Netherlands) , Illumitex (United States), EVERLIGHT Electronics (Taiwan) , Richel Group (France) , Vertical Farm Systems (Australia), Hydrodynamics International (United States), agrilution (Germany)

Get Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/37243-global-indoor-farming-technology-market#utm_source=DigitalJournalVinay

Scope of the Report of Indoor Farming Technology

Indoor Farming has significantly grown in the recent years, allowing a large amount of fresh and green vegetable produced in city environments, with minimum space and in less water utilization than conventional farming techniques. Indoor Farming refers to method of growing crops or plants, usually on a large scale, indoor. A wide variety of fruits, vegetables and herbs are grown. It is may be practiced in both on a small scale and large scale.

The Global Indoor Farming Technology Market segments and Market Data Break Down are illuminated below:

by Facility Type (Glass or Poly Greenhouses, Indoor Vertical Farms, Container Farms, Indoor Deep Water Culture (DWC) Systems), Crop Type (Fruits & Vegetables, Herbs & Microgreens, Flowers & Ornamentals, Others (cannabis and cannabis)), Growing System (Hydroponics, Aeroponics, Aquaponics, Soil-based, Hybrid), Component (Hardware, Software & Services)

Market Opportunities:

Production of Biopharmaceutical Product

Development of Innovative and Cost-Effective Technologies

Market Drivers:

Rise in Requirement for higher Yield with limited Water and Space

Surging Demand for Fresh Food with High Nutritious Value

Minute Impact of Fluctuating Climatic Condition

Market Trend:

Development of Innovative and Cost Effective Technologies

What can be explored with the Indoor Farming Technology Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global Indoor Farming Technology Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in Indoor Farming Technology

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Have Any Questions Regarding Global Indoor Farming Technology Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/37243-global-indoor-farming-technology-market#utm_source=DigitalJournalVinay

Strategic Points Covered in Table of Content of Global Indoor Farming Technology Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indoor Farming Technology market

Chapter 2: Exclusive Summary – the basic information of the Indoor Farming Technology Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indoor Farming Technology

Chapter 4: Presenting the Indoor Farming Technology Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021

Chapter 6: Evaluating the leading manufacturers of the Indoor Farming Technology market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Indoor Farming Technology Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/buy-now?format=1&report=37243#utm_source=DigitalJournalVinay

Craig Francis (PR & Marketing Manager)

AMA Research & Media LLP

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New Jersey USA – 08837

#Indoor Farming Technology Market Analysis #Indoor Farming Technology Market forecast #Indoor Farming Technology Market Growth #Indoor Farming Technology Market Opportunity #Indoor Farming Technology Market Share #Indoor Farming Technology Market trends

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electronicseranews · 1 year ago

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Grow Lights Market Will Reach USD 13,183 Million by 2030

As per a report by P&S Intelligence, the grow lights market will advance at 28% CAGR, to generate a value of USD 13,183 million, by 2030.

The growth in the industry is ascribed to the growing requirement for food as a result of the rising disposable income, increasing population, rapid urbanization, advancement of technologies in the agriculture sector, and the increasing preference for enhanced and new practices of farming.

The LED category is expected to dominate the grow lights market in the years to come. This is attributed to the increasing government programs to encourage the adoption of LED lights and drivers and the increasing demand for energy-efficient and affordable grow lights by consumers.

In the past few years, the retrofit category generated a larger revenue share in the industry, and it will remain larger in the years to come. This is because of the rising adoption of such lights in farming facilities due to their decreasing costs and the increasing number of new advanced farming facilities all over the world.

A key factor driving the industry is the necessity of more cost-effective grow light technologies in the cities. The expenditure on food production is high, and as a result, the requirement for economical food production is growing rapidly in urban areas.

Vertical farming is expected to observe the fastest growth in the years to come, growing at a rate of approximately 29.8%. This is attributed to the mounting requirement for herbs & food and the increasing number of such farms, mainly in developed countries, owing to the lack of space required to establish conventional farms.

In 2021, Europe generated the largest revenue share in the grow light industry, at approximately 33%, and it will remain the largest in the years to come. This is ascribed to the large consumer base and the substantial adoption of LED lights to grow plants inside commercial greenhouses in the region.

Developing nations, for example, India, South Korea, and China are the main buyers in the APAC grow light industry. This is credited to the rapid implementation of enhanced agricultural approaches, for instance, indoor horticulture, which resulted in a high horticulture light requirement in emerging nations.

#Grow Lights #Market Trends #Applications #Global Growth Insights #Horticulture #Indoor Farming #Greenhouse Cultivation #Market Players #Competitive Landscape #LED Technology Advancements #Light Spectra Customization #Market Expansion

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jcmarchi · 7 days ago

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Four Growers Secures $9M Series A to Revolutionize Greenhouse Farming with AI and Robotics

New Post has been published on https://thedigitalinsider.com/four-growers-secures-9m-series-a-to-revolutionize-greenhouse-farming-with-ai-and-robotics/

Four Growers Secures $9M Series A to Revolutionize Greenhouse Farming with AI and Robotics

Four Growers, a pioneering agtech robotics company, has raised $9 million in a Series A funding round led by Basset Capital, with participation from Ospraie Ag Science, Y Combinator, and other key investors. This funding will propel the production of its flagship GR-100 robotic harvester and expand the company’s global reach across Europe, North America, and Oceania. The announcement signals a major leap in the $40 billion indoor farming market, addressing labor shortages, rising costs, and food waste with groundbreaking technology.

Transforming Greenhouse Agriculture with the GR-100

At the heart of Four Growers’ innovation is the GR-100, an autonomous tomato-harvesting robot that’s setting new benchmarks in efficiency and precision for greenhouse farming. The GR-100 boasts:

5x faster picking speeds than competitors, harvesting up to 43 kilograms per hour of cherry and grape tomatoes.

98% ripeness detection accuracy, powered by eight stereo cameras and advanced AI.

34x faster pathfinding than standard motion planning algorithms, ensuring optimal harvesting paths.

The GR-100 adapts seamlessly to most greenhouse environments, requiring little to no facility modifications, and integrates robust plant analytics for comprehensive yield insights. With features like 24/7 operation, remote monitoring dashboards, and an automated packing cart capable of handling up to 246 kilograms in one session, the GR-100 is redefining what’s possible in greenhouse crop management.

Tackling Global Challenges in Agriculture

For decades, crops like wheat and soy have benefited from automation, driving down costs and boosting production. However, fruits and vegetables, which demand precise handling and skilled labor, have lagged behind. This disparity has led to harvesting costs being up to 15x higher for fruits and vegetables. Compounding the issue, labor shortages often leave crops unharvested, exacerbating food waste.

“While we’ve started with greenhouse tomatoes, which account for 50% of all the fresh tomatoes consumed in the US, our technology has now proven its potential in other crops like cucumbers and will be applied to all fruits and vegetables in both greenhouses and fields,” said Brandon Contino, CEO of Four Growers. “Securing this funding enables us to accelerate the integration of our AI and robotics into agriculture, improving global food production and ensuring sustainable, high-quality, and affordable produce is available for everyone.”

Proven Impact and Growing Market Potential

Four Growers’ technology is already making an impact, with millions of tomatoes harvested and sold through grocery stores worldwide. Partnering with agricultural leaders like Syngenta Vegetable Seeds, the company has demonstrated the scalability and reliability of its AI-powered solutions across customer farms in North America and Europe.

The indoor farming market, valued at $40.51 billion in 2023, is expected to grow at a CAGR of 11.3% through 2033, according to a study by Fact.MR. This rapid growth underscores the increasing demand for innovative farming solutions amidst labor shortages and operational challenges.

A Visionary Team Backed by Industry Leaders

Founded in Pittsburgh, Four Growers emerged from Y Combinator in 2018 with a vision to revolutionize farming through robotics. Since its inception, the company has secured over $15 million in total funding and eight-figure contracts, thanks to strategic backing from investors such as Better Food Ventures, Taver Capital, Xplorer Capital, and Pete Wurman, co-founder of Kiva Systems.

“From the outset, it was apparent that the Four Growers team had made significant advancements in solving long-standing issues in the agriculture sector,” said John Overbeck of Basset Capital. “Implementation of robotics and AI in agriculture will provide a great opportunity to enhance operations and significantly increase productivity. We are confident that Four Growers will continue to be a leader in this effort.”

Looking Ahead: Scaling Innovation for Global Impact

With this latest funding, Four Growers aims to:

Accelerate production of the GR-100.

Expand its research and development efforts.

Deploy its technology across more regions, focusing on Europe, North America, and Oceania.

Beyond tomatoes, the company plans to adapt its technology to other greenhouse crops like cucumbers and peppers, with ambitions to address field-grown crops in the future. By combining robotics, AI, and advanced analytics, Four Growers is positioning itself as a leader in sustainable, efficient farming solutions.

A Future of Affordable, Sustainable Food

Four Growers’ mission to provide healthy, affordable, and locally sourced produce through robotics is reshaping agriculture. By reducing production costs and food waste, the company is paving the way for a future where nutritious and sustainable food is accessible to everyone.

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marketanalysisdata · 10 days ago

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Vertical Farming Market Analysis And Segment Forecast till 2030

The global vertical farming market was valued at USD 6.92 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. This rapid growth is driven by several key factors, with one of the primary drivers being the increasing adoption of environmentally friendly agricultural practices to produce fruits and vegetables. As the global population continues to grow at an unprecedented rate, there is an escalating demand for urban agriculture solutions, particularly in cities where traditional farming space is limited or unavailable. Vertical farming, which involves growing crops in stacked layers or vertically inclined surfaces, is well-suited to meet these demands, offering a more sustainable, space-efficient method of food production in urban environments.

The vertical farming market is currently in a high-growth stage, marked by significant technological innovation. Various advanced technologies, including sensors and cameras, are being increasingly integrated into vertical farming systems to enhance resource efficiency, improve crop yields, and address challenges such as limited space and environmental constraints. Additionally, technologies like hydroponics (growing plants in a water-based, nutrient-rich solution), aeroponics (growing plants in air or mist without soil), LED grow lights (to simulate sunlight), and automation systems (for enhanced precision and efficiency) are frequently employed to improve farming outcomes, optimize energy use, and boost overall crop quality.

The growth of the vertical farming market can also be attributed to several broader trends, such as steady population growth, government incentives, the limited availability of cultivable land, and an increasing demand for high-quality, fresh food. Another important factor is the growing consumer demand for organic food, which has positively impacted the vertical farming sector. As more consumers place higher value on organic and locally grown products, vertical farming offers a viable and scalable solution to meet this demand, providing fresh, nutritious produce in a sustainable manner.

Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market

Regional Insights:

In terms of revenue, Europe led the vertical farming market in 2022, holding a market share of approximately 31.7%. Europe is expected to maintain its dominance throughout the forecast period (2023-2030). The region’s strong market position can be attributed to growing awareness about the importance of alternative farming solutions, particularly due to challenges such as scarcity of fertile agricultural land and the effects of population growth. The shift towards urban agriculture in Europe is being driven by the need for more efficient food production methods in cities with limited space.

Europe is also expected to experience significant growth in the vertical farming sector due to the expansion of genetically modified (GM) crop technology and advancements in nanotechnology and robotics for farming. Nanotechnology, in particular, is helping improve food packaging, optimize disease and pest control, and boost overall crop performance, making it a key technological enabler in the region's vertical farming industry.

The European Environment Agency has launched several initiatives aimed at building vertical farms to address ongoing challenges related to population growth, climate change, and the need for more sustainable food production methods. These efforts are expected to continue driving market demand in the region as governments and private entities invest in sustainable agricultural solutions.

In Africa, the vertical farming market is anticipated to grow due to the increasing urbanization and the commercialization of indoor farming. As cities expand, there is rising demand for space-efficient farming solutions. However, the region faces significant barriers to growth, including lack of financial resources to build modern vertical farming systems, as well as limited access to water and land. To overcome these challenges, innovative farming models, such as vertically stacked wooden crates and sack gardens, are being explored and adopted. These low-cost alternatives provide a way to practice vertical farming in resource-constrained environments, offering a potential avenue for growth in the region.

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

The global cannabis vertical farming market size was estimated at USD 487.5 million in 2024 and is anticipated to grow at a CAGR of 19.3% from 2025 to 2030.

The global field device management market size was valued at USD 1.83 billion in 2024 and is projected to grow at a CAGR of 6.8% from 2025 to 2030.

Key Companies & Market Share Insights:

The vertical farming market is relatively fragmented, with several key players operating across different regions. Some of the prominent companies driving the market include Agrilution GmbH, Aerofarm, Brightfarms Inc., Everlight Electronics Co., Ltd., Freight Farms, GrowUp Urban Farms Ltd., Green Sense Farms, LLC, and Vertical Farm Systems. These companies are at the forefront of innovation in vertical farming technologies, working to improve the efficiency, sustainability, and scalability of urban farming solutions.

Vertical Farm Systems is focused on developing fully automated growing systems that use reusable mediums and energy-efficient climate cells. The company integrates artificial intelligence (AI) and automation to optimize growing conditions, allowing for more efficient farming with less human intervention and higher precision in crop management.

Brightfarms Inc. is an indoor farming company that specializes in fresh packaged salads grown in controlled environments. The company emphasizes the development of efficient vertical farming systems that prioritize resource efficiency and sustainable practices. Their products are sold locally, reducing the environmental footprint associated with long-distance food transportation.

Bowery Farming is another emerging player in the market, providing vertical farming solutions combined with digital agriculture The company, based in New York, operates farms in New Jersey, Maryland, and Pennsylvania, using data-driven insights to optimize crop growth and improve operational efficiency. Bowery Farming is expanding its footprint in the U.S. and continues to focus on sustainable farming practices that can scale with increasing urban populations.

Aerofarm is a S.-based indoor farming company that utilizes artificial intelligence (AI) and plant biology to enhance the efficiency and productivity of its vertical farming systems. The company’s mission is to address the shortcomings of the existing food system and improve the growth and quality of fresh produce through advanced, sustainable farming techniques.

These key players are actively developing and implementing new farming technologies to meet the increasing demand for sustainable, high-quality produce while reducing the reliance on traditional farming methods that are often constrained by land and resource limitations. Their efforts are focused on improving crop yield, reducing environmental impact, and driving the global adoption of vertical farming techniques.

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.

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

#Vertical Farming Market Growth #Vertical Farming Industry Forecast

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marketstudyreport · 10 days ago

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Vertical Farming Industry Outlook, Research, Trends and Forecast to 2030

Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market

Regional Insights:

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

The global cannabis vertical farming market size was estimated at USD 487.5 million in 2024 and is anticipated to grow at a CAGR of 19.3% from 2025 to 2030.

The global field device management market size was valued at USD 1.83 billion in 2024 and is projected to grow at a CAGR of 6.8% from 2025 to 2030.

Key Companies & Market Share Insights:

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.

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

#Vertical Farming Market Growth #Vertical Farming Industry Forecast

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global-research-report · 14 days ago

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Smart Agriculture Market by Region: Segmentation, Opportunities, and Insights

The global smart agriculture market was valued at USD 22.65 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 13.7% from 2024 to 2030. This rapid growth is driven primarily by the increasing automation of commercial greenhouses and the widespread adoption of controlled environment agriculture (CEA) in greenhouse setups. CEA enables cultivators to achieve higher yields by carefully managing factors like temperature, humidity, and lighting, resulting in optimal growing conditions. As cultivators increasingly recognize the advantages of greenhouse cultivation, the development and adoption of commercial greenhouses have expanded. There is a shift away from traditional lighting systems toward LED grow lights, which, despite their higher initial cost, are favored for their energy efficiency and suitability for CEA setups in indoor farming environments.

The smart agriculture market is also propelled by advancements in equipment equipped with sophisticated sensors and imaging technology. Key technologies enhancing market demand include livestock biometrics, where tools like RFID, biometrics, and GPS allow cultivators to monitor livestock in real time, capturing vital data on animal health, location, and behavior. Additionally, infrastructural health sensors are becoming essential for monitoring the condition of various agricultural facilities, from buildings and bridges to factories and farms. Connected to intelligent networks, these sensors provide instant data to maintenance teams, allowing for proactive care of structures and equipment.

Agricultural robots are another significant technological advancement, streamlining essential farming activities like soil preparation, weeding, fruit picking, harvesting, planting, plowing, and irrigation. This automation not only reduces labor costs but also boosts efficiency and precision in agricultural tasks, supporting the market’s upward trajectory.

To maintain profitability, farmers are increasingly adopting advanced and efficient agricultural technologies, ensuring they can meet the growing demand for high-quality products in the smart agriculture market. Mobile technology also plays a key role, providing new applications and tools that enhance the agricultural value chain, from monitoring and maintenance to harvesting and distribution.

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

Regional Insights

North America: In 2023, North America led the global smart agriculture market, holding a substantial 44.07% market share. The region is expected to continue its growth, with a projected CAGR of 12.3% from 2024 to 2030. This growth is fueled by increasing government initiatives and regulatory measures aimed at modernizing and sustaining the agricultural sector. To support these efforts, organizations across the region have collaborated to establish the North America Climate Smart Agriculture Alliance (NACSAA), a coalition dedicated to educating cultivators on sustainable agricultural practices. Water conservation has also become a key focus, with governments in North America actively promoting smart irrigation through subsidies. For example, the government of California has introduced rebates on smart controllers, incentivizing farmers to adopt water-efficient technologies that align with environmental conservation goals.

Asia Pacific: The Asia Pacific region is poised for the fastest growth in the smart agriculture market during the forecast period. Although still in the early stages of adoption, the market is set to expand rapidly due to rising government support and increasing awareness among farmers. In Japan, for instance, the Ministry of Agriculture has been actively funding precision agriculture initiatives to enhance productivity and resource efficiency. Additionally, farmers' associations and community-based organizations in each country play a pivotal role in advocating for sustainable agricultural practices, further driving demand for smart agriculture solutions.

In Singapore, where approximately 90% of food consumption relies on imports, the demand for innovative farming techniques is expected to grow significantly. Singapore's push toward self-sufficiency in food production and sustainable practices will likely boost the adoption of smart agriculture. Furthermore, the rising popularity of organic farming among small farmers in parts of South Asia is expected to enhance regional market growth, as demand for more sustainable and efficient farming solutions increases across the sector.

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

The global postal automation system market size was estimated at USD 903.7 million in 2024 and is projected to grow at a CAGR of 7.0% from 2025 to 2030.

The global generative AI market sizewas valued at USD 16.87 billion in 2024 and is projected to grow at a CAGR of 37.6% from 2025 to 2030.

Key Companies & Market Share Insights

The global agriculture technology market features prominent companies, including 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., and Topcon Positioning Systems, among others.

AGCO Corporation, headquartered in the U.S., is a leading manufacturer of agricultural equipment. The company offers an extensive product lineup, including tractors, combines, forage equipment, hay tools, self-propelled sprayers, seeding and tillage equipment, and smart farming solutions. This diverse product portfolio enables AGCO to meet the varying needs of the modern agricultural sector, providing solutions that enhance efficiency and productivity.

Deere & Company, another key player, is involved in manufacturing a broad range of machinery for agriculture and forestry, along with heavy equipment like drivetrains and diesel engines. Deere & Company’s offerings also include lawn care equipment and other machinery for industries such as landscaping, construction, government and military, and sports turf. Its diversified product line positions the company as a strong competitor across multiple sectors, helping it maintain a robust market presence.

Prospera Technologies and Agrible, Inc. are emerging players in the agriculture technology market, contributing to its evolution with advanced solutions.

Prospera Technologies is a global provider specializing in agricultural technology for optimizing irrigation and crop health management. Using AI-powered sensors and cameras, Prospera enables farmers to monitor crop conditions and make data-driven decisions, ultimately enhancing yield and resource efficiency.

Agrible, Inc., based in the U.S., offers agriculture solutions to customers in over 30 countries. Agrible’s services are aimed at optimizing critical aspects of farming, including water use, crop protection, fertilization, and fieldwork. Additionally, the company supports research trials, food supply chain management, and sustainability efforts, helping clients achieve operational efficiency and environmental goals.

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

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

#Smart Agriculture

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priteshwemarketresearch · 17 days ago

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Vertical Farming Market Statistics, Segment, Trends and Forecast to 2035

Vertical Farming Market: A Sustainable Future for Agriculture

The Vertical Farming Market is growing at an unprecedented rate, which presents significant challenges for food production systems. As urbanization increases, arable land is becoming scarcer, and traditional farming methods are struggling to meet the demands for food, water, and land use. However, a promising solution to these challenges is emerging in the form of vertical farming. With its ability to produce large amounts of food in smaller, controlled environments, vertical farming is revolutionizing the agricultural landscape. In this blog post, we will explore the vertical farming market, its growth prospects, and how it is shaping the future of sustainable agriculture.

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What is Vertical Farming?

Vertical farming is a modern farming technique that involves growing crops in stacked layers, typically within a controlled indoor environment. This method uses advanced technologies such as hydroponics, aeroponics, and aquaponics to grow plants without soil, while minimizing water and land usage. By growing crops vertically, farmers can maximize space, reduce the need for pesticides, and optimize resources like water and nutrients.

Unlike traditional farming, which relies heavily on outdoor conditions such as weather, soil quality, and land availability, vertical farming allows for year-round crop production, regardless of climate. This makes it an appealing solution for urban areas where land is limited and the demand for fresh, locally grown produce is increasing.

Vertical Farming Market Key Drivers of Growth:

Urbanization and Limited Arable Land: With more than 55% of the world’s population now living in urban areas, cities are facing a growing demand for locally grown food. Vertical farming enables food production in urban centers, reducing the need for long-distance transportation and the associated carbon footprint.

Sustainability Concerns: Traditional farming methods are resource-intensive and contribute to soil degradation, water scarcity, and greenhouse gas emissions. Vertical farming offers a sustainable alternative by using less water, land, and energy. For example, hydroponic systems use up to 90% less water compared to conventional agriculture, making it an attractive solution for water-scarce regions.

Technological Advancements: The rise of automation, AI, and data analytics has transformed vertical farming. These technologies help optimize crop yields, monitor plant health, and improve resource efficiency. Automation systems also reduce the need for manual labor, making Vertical Farming Market a more scalable and cost-effective solution.

Demand for Fresh, Local Produce: Consumers are increasingly seeking fresh, organic, and locally grown food. Vertical farming allows for the cultivation of leafy greens, herbs, and other high-demand crops in urban environments, ensuring a steady supply of fresh produce.

Benefits of Vertical Farming

Vertical farming offers a wide range of benefits over traditional farming methods. Here are some of the key advantages:

Space Efficiency: Vertical farming optimizes space by growing crops in stacked layers. This makes it ideal for urban areas where land is expensive and in short supply. By utilizing vertical space, farms can produce more food per square foot compared to traditional horizontal farming.

Water Conservation: Vertical farms use hydroponic or aeroponic systems that require significantly less water than conventional agriculture. This makes vertical farming a more sustainable option, especially in regions facing water scarcity.

Reduced Environmental Impact: Vertical farming reduces the need for pesticides and fertilizers, as the controlled environment minimizes the risk of pests and diseases. This leads to cleaner, chemical-free produce and a lower environmental impact.

Year-Round Production: With controlled indoor environments, vertical farms can grow crops year-round, regardless of seasonal changes or weather conditions. This ensures a steady supply of fresh produce and helps stabilize food prices.

Energy Efficiency: While vertical farming requires energy for lighting and climate control, many farms are adopting renewable energy sources, such as solar or wind power, to reduce their carbon footprint. Additionally, the use of LED lights and energy-efficient systems has made vertical farming more energy-efficient.

Challenges in the Vertical Farming Market

Despite its promising potential, vertical farming still faces several challenges that need to be addressed for widespread adoption:

High Initial Investment: Setting up a vertical farm requires significant capital investment, especially for technology infrastructure, climate control systems, and automation. While operational costs are lower compared to traditional farming, the upfront costs can be a barrier for some investors.

Energy Consumption: Vertical farms rely on artificial lighting and climate control systems, which can lead to high energy consumption. However, as renewable energy sources become more affordable, this challenge is expected to diminish.

Limited Crop Variety: While vertical farming is highly effective for growing leafy greens, herbs, and some fruits, it is not yet suitable for all types of crops, such as grains or root vegetables. Researchers are continually working to expand the variety of crops that can be grown using vertical farming techniques.

Market Competition: As the vertical farming industry grows, more players are entering the market, creating intense competition. To succeed, companies will need to differentiate themselves through innovation, efficiency, and sustainability.

Future Outlook of the Vertical Farming Market

The vertical farming market is poised for significant growth in the coming years, driven by technological advancements, increasing demand for sustainable agriculture, and the need for local food production. As the industry matures, we can expect to see further innovations in crop variety, energy efficiency, and automation, making vertical farming more accessible and cost-effective for both small-scale urban farmers and large commercial operations.

Conclusion

The vertical farming market represents a dynamic and sustainable shift in the agriculture industry, offering solutions to some of the most pressing challenges facing traditional farming methods. With the continued advancement of technologies and increasing consumer demand for fresh, local produce, vertical farming has the potential to transform food production in cities around the world. As the market grows and evolves, vertical farming could be a key player in ensuring a sustainable and secure food future.

#Vertical Farming Market Share #Vertical Farming Market Demand #Vertical Farming Market Scope #Vertical Farming Market Analysis #Vertical Farming Market Trend

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vfxbloger · 20 days ago

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ravinderimarc · 21 days ago

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The global indoor farming market size reached USD 22.3 Billion in 2024. IMARC Group expects the market to reach USD 47.2 Billion by 2033, exhibiting a growth rate (CAGR) of 8.63% during 2025-2033. The market is experiencing steady growth driven by rising preferences for sustainable and locally sourced food options, continuous technological advancements in indoor farming practices, and the widespread adoption of automation systems, including robotic arms and conveyor belts.

#Indoor Farming Market Growth

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fathimashammas761 · 23 days ago

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Hydroponics Farming in the USA: Revolutionizing Agriculture

In recent years, hydroponics farming has gained significant traction across the USA, offering an innovative solution to traditional agricultural practices. This method of growing plants without soil not only maximizes space but also conserves water and resources, making it a sustainable choice for the future. In this blog post, we will explore the benefits of hydroponics farming, its growth in the USA, various systems, challenges, and the future of this revolutionary agricultural method.

What is Hydroponics Farming?

Hydroponics is a method of growing plants in nutrient-rich water solutions instead of soil. The roots of the plants are suspended in a nutrient solution, allowing them to absorb the essential minerals and nutrients they need for growth. This system can be implemented in various settings, from small indoor gardens to large commercial farms.

Benefits of Hydroponics Farming

1. Water Efficiency

One of the most significant advantages of hydroponics farming in the USA is water conservation. Traditional farming methods can waste a considerable amount of water through evaporation and runoff. In contrast, hydroponic systems use up to 90% less water, as the water is recirculated and reused. This efficiency is particularly crucial in regions facing water scarcity.

2. Space Optimization

Hydroponics allows for vertical farming, where plants are grown in layers, maximizing the use of space. This method is ideal for urban areas where land is limited. By utilizing vertical space, hydroponics can produce significantly higher yields compared to traditional farming on the same footprint.

3. Faster Growth Rates

Plants grown in hydroponic systems typically grow faster than those in soil due to the controlled environment and direct access to nutrients. This accelerated growth can lead to more frequent harvests and increased productivity for farmers.

4. Reduced Pest and Disease Issues

Without soil, many common pests and diseases associated with traditional farming are minimized. This reduction leads to lower pesticide usage, resulting in healthier produce and a more environmentally friendly farming practice.

5. Year-Round Production

Hydroponics enables year-round cultivation, independent of seasonal weather conditions. This capability allows farmers to produce crops consistently and meet market demand throughout the year.

Growth of Hydroponics Farming in the USA

The hydroponics farming industry in the USA has seen significant growth in recent years. According to a report by Grand View Research, the global hydroponics market was valued at $8.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 24.7% from 2021 to 2028. This surge is driven by the increasing demand for fresh produce, urbanization, and the need for sustainable agricultural practices.

Several states have emerged as leaders in hydroponics farming:

California

California is at the forefront of hydroponics farming in the USA, with a wide range of commercial hydroponic operations. The state’s favorable climate, combined with innovative technology, has made it an ideal location for hydroponic farming. Farmers in California produce a variety of crops, including lettuce, strawberries, and tomatoes, using hydroponic methods.

Florida

Florida has also embraced hydroponics farming, particularly in the production of vegetables and herbs. The state's warm climate allows for year-round cultivation, making it a prime location for hydroponic greenhouses.

New York

In urban areas like New York City, hydroponics farming has gained popularity as a way to produce fresh food locally. Vertical farms and indoor hydroponic systems are becoming more common, providing city dwellers with access to fresh produce without the need for long transportation routes.

Common Hydroponic Systems

Hydroponics farming can be implemented using various systems, each with its own advantages and suitability for different types of crops. Here are some common hydroponic systems:

1. Nutrient Film Technique (NFT)

In this system, a thin film of nutrient-rich water flows over the roots of the plants, allowing them to absorb the nutrients while ensuring adequate oxygen supply. NFT is commonly used for growing leafy greens and herbs.

2. Deep Water Culture (DWC)

DWC involves suspending the plant roots in a nutrient solution, where they are submerged in water. Air stones provide oxygen to the roots, promoting healthy growth. This system is effective for growing various crops, including tomatoes and peppers.

3. Ebb and Flow (Flood and Drain)

This system periodically floods the plant roots with a nutrient solution and then drains it back into a reservoir. This cycle provides the plants with nutrients and oxygen. Ebb and flow systems are versatile and can be used for a variety of crops.

4. Aeroponics

Aeroponics is a high-tech system where plant roots are suspended in the air and misted with a nutrient solution. This method maximizes oxygen exposure and can result in rapid plant growth. Aeroponics is often used for high-value crops like herbs and strawberries.

Challenges of Hydroponics Farming

While hydroponics offers numerous benefits, it also comes with challenges that farmers must navigate:

1. Initial Setup Costs

The initial investment for hydroponics systems can be high. Equipment, technology, and infrastructure require significant capital. However, many farmers find that the long-term savings and increased productivity justify the initial costs.

2. Technical Knowledge

Successful hydroponics farming requires a solid understanding of plant biology, nutrient management, and system maintenance. Farmers may need to invest time in training and education to ensure their success.

3. Energy Consumption

Many hydroponic systems rely on artificial lighting and climate control, which can lead to increased energy consumption. However, advancements in renewable energy and energy-efficient technologies are helping to mitigate this challenge.

4. Pest Management

While hydroponics reduces certain pest issues, farmers must still be vigilant about pest management. Integrated pest management (IPM) strategies are essential to maintain healthy crops without resorting to harmful chemicals.

The Future of Hydroponics Farming in the USA

The future of hydroponics farming in the USA looks promising as technology continues to advance. Innovations in automation, nutrient delivery systems, and energy efficiency are making hydroponics more accessible and sustainable. Additionally, the growing demand for local produce and sustainable practices is likely to drive further adoption of hydroponics in urban areas and beyond.

Educational Initiatives

As hydroponics gains popularity, educational programs and resources are emerging to help aspiring farmers learn about the system. Universities and agricultural extension programs are offering courses and workshops, providing valuable knowledge to those interested in pursuing hydroponics farming.

Research and Development

Ongoing research into hydroponics systems, crop varieties, and pest management strategies is essential for improving productivity and sustainability. Collaborations between universities, government agencies, and private companies are fostering innovation in the field.

Conclusion

Hydroponics farming in the USA represents a significant shift in agricultural practices, offering a sustainable solution to the challenges of traditional farming. With its numerous benefits, including water efficiency, space optimization, and year-round production, hydroponics is paving the way for a more sustainable food system. As the industry continues to grow, farmers, consumers, and researchers must work together to harness the potential of hydroponics for the future of agriculture.

#hydroponics farming

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prachicmi · 28 days ago

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U.K. Bath Bomb And Cold Pressed Soaps Market to witness highest growth owing to rising demand for organic bath and personal care products

The U.K. bath bomb and cold pressed soap market produces a variety of bathing and skin cleansing products including bath bombs, bath melts, bath fizzies and cold pressed soaps made from natural ingredients. Bath bombs and cold pressed soaps have gained popularity due to their moisturizing and aromatic properties that help relax muscles and calm the mind. They are made from biodegradable ingredients and do not contain any harsh chemicals, dyes or silicones.

The U.K. Bath Bomb And Cold Pressed Soaps Market is estimated to be valued at US$ 350 million in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024-2031. Key Takeaways

Key players operating in the U.K. Bath Bomb And Cold Pressed Soaps are Lush, The Body Shop, Village Naturals, Oliver Rocket, Betty Bombs, and Soapie. They offer a variety of delicately scented bath and beauty products suited for different skin and hair types. The U.K. Bath Bomb And Cold Pressed Soaps Market Demand for organic bath and personal care products is rising rapidly in the U.K. due to increasing health awareness and focus on self-care during pandemic times. Consumers are looking for products made from natural ingredients that nourish and moisturize the skin without causing any harm. Technological advancements have led to new formulations that allow bath bombs and cold pressed soaps to remain fresh for longer durations. Companies are coming up with innovative shapes, designs and ingredients to engage more customers. Market Trends

Farm-to-table production: More manufacturers are sourcing ingredients directly from farms to convey transparency about sourcing and environmental footprint. Customization and personalization: Consumers want unique products tailored to individual needs and preferences. Companies are offering options to customize size, shape and fragrance of products. Sustainability focus: Eco-friendly packaging using materials like paper, bioplastics is gaining traction. FSC certified and zero-waste production processes are also becoming prominent. Market Opportunities

Developing vegan and cruelty-free products to cater to wider consumer base. Launching subscription and auto-delivery plans for recurring customers. Entering emerging overseas markets through online retail channels. Partnering with spas, salons and wellness centers to boost commercial sales. Impact of COVID-19 on U.K. Bath Bomb And Cold Pressed Soaps Market Growth The COVID-19 pandemic has significantly impacted the U.K. Bath Bomb And Cold Pressed Soaps Market News. During the initial lockdown period in 2020, the demand declined sharply as people stayed indoors. However, with work from home and social distancing becoming a new norm, personal care gained more importance. Consumers focused on self-care and stress relief activities like bathing. This drove them to explore new bath and body products. Online sales picked up significantly as people avoided visiting stores. Major retailers and brands promoted their products on e-commerce platforms with attractive offers. Gradually, as lockdowns eased, demand from salons and spas also revived. However, supply chain disruptions affected manufacturers initially. Raw material procurement was disturbed due to restrictions on import/export. Local sourcing helped overcome this issue to some extent in the post-lockdown period. Get more insights on, U.K. Bath Bomb and Cold Pressed Soaps Market

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#coherent market insights #Luxury Bath Products #Organic Ingredients #Essential Oils #Eco-Friendly Packaging #Bath Bomb Innovations

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harshnews · 1 month ago

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Crop Development and Farming Market Size, Share, Key Drivers, Trends, Challenges and Competitive Analysis

"Global Crop Development and Farming Market – Industry Trends and Forecast to 2029

Global Crop Development and Farming Market, By Type (Tobacco Farming, Sugar beet Farming, Sugarcane Farming, Cotton Farming, Other Miscellaneous Crop Farming), Application (Food and Beverages, Fodder), Farming Process (Organic Farming, Traditional Farming), – Industry Trends and Forecast to 2029.

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**Segments**

- **Crop Type** - Cereals - Fruits - Vegetables - Oilseeds - Flowers - Others

- **Farming Type** - Conventional Farming - Organic Farming - Precision Farming - Indoor Farming - Vertical Farming - Others

- **Regional Analysis** - North America - Europe - Asia-Pacific - Latin America - Middle East and Africa

Crop development and farming form a crucial part of the global economy, providing essential food and raw materials for various industries worldwide. The segmentation of the market into different categories helps in understanding the dynamics and trends within the industry. Crop type segmentation includes cereals, fruits, vegetables, oilseeds, flowers, and others. Each crop type has its unique cultivation requirements and market demand, making it vital for farmers and businesses to strategize accordingly. Additionally, farming type segmentation encompasses conventional farming, organic farming, precision farming, indoor farming, vertical farming, and others. This segmentation reflects the evolving methods and technologies being adopted in the agricultural sector to enhance productivity and sustainability. Moreover, regional analysis plays a significant role in assessing market trends and opportunities across different geographies, such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

**Market Players**

- Monsanto Company - Syngenta - Bayer CropScience - BASF SE - DowDuPont - Archer Daniels Midland Company - Cargill - Yara International - Bunge Limited - Agrium

The crop development and farming market comprise a diverse range of players contributing to the growth and innovation of the industry. Companies like Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont are key players in the market known for their extensive research and development activities in crop protection and biotechnology. Additionally,The crop development and farming market is a dynamic and evolving industry, driven by the constant need to meet the growing demand for food and raw materials globally. The market players play a vital role in shaping the landscape of this industry, with companies like Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont leading the way in innovation and research. These key players have established themselves as industry giants known for their cutting-edge technologies and sustainable agricultural practices. Through investments in research and development, these companies continue to introduce new crop varieties, pest control solutions, and agronomic practices that enhance crop yields and quality.

Monsanto Company, a renowned multinational agricultural company, has built a strong presence in the market with its focus on biotechnology and genetically modified seeds. By developing innovative traits that provide resistance to pests and diseases, Monsanto has revolutionized crop production practices worldwide. Syngenta, another major player in the industry, specializes in crop protection products and seeds. With a diverse range of offerings, Syngenta caters to the needs of farmers across different regions and crop types. Bayer CropScience, a subsidiary of Bayer AG, is known for its comprehensive portfolio of crop protection products, seeds, and traits. The company's commitment to sustainable agriculture and digital farming solutions sets it apart in the market.

BASF SE, a global leader in the chemicals industry, has a significant presence in the agricultural sector through its crop protection solutions and biotechnology research. By focusing on innovation and sustainability, BASF continues to contribute to the development of more efficient and environmentally friendly farming practices. DowDuPont, a merger of two industry giants, has a diverse portfolio spanning crop protection, seeds, and digital agriculture. The company's cutting-edge technologies and commitment to sustainability position it as a key player in the market.

Apart from the major multinational corporations, companies like Archer Daniels Midland Company, Cargill, Yara International, Bunge Limited, and Agrium also play crucial roles in the crop**Segments**

Global Crop Development and Farming Market, by Type: - Tobacco Farming - Sugar beet Farming - Sugarcane Farming - Cotton Farming - Other Miscellaneous Crop Farming

Application: - Food and Beverages - Fodder

Farming Process: - Organic Farming - Traditional Farming

The global crop development and farming market is witnessing significant growth and innovation driven by technological advancements, shifting consumer preferences, and the increasing need for sustainable agricultural practices. The industry is segmented based on crop type, farming type, and regional analysis to provide insights into the diverse dynamics of the market. Crop type segmentation includes cereals, fruits, vegetables, oilseeds, flowers, and others, each with specific cultivation requirements and market demands. The farming type segmentation covers conventional farming, organic farming, precision farming, indoor farming, vertical farming, and others, reflecting the industry's adoption of advanced technologies and practices. Regional analysis further enhances the understanding of market trends and opportunities across key geographies like North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

**Market Players**

The market players in the crop development and farming industry play a critical role in driving innovation, research, and development to meet the increasing global demand for food and raw materials. Key companies such as Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont are at the forefront of the industry, known for their advanced technologies and

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Crop Development and Farming Market Landscape

Part 04: Global Crop Development and Farming Market Sizing

Part 05: Global Crop Development and Farming Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key takeaways from the Crop Development and Farming Market report:

Detailed considerate of Crop Development and Farming Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the Crop Development and Farming Market-leading players.

Crop Development and Farming Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of Crop Development and Farming Market for forthcoming years.

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#Crop Development and Farming Market

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ankitblogs0709 · 1 month ago

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Offshore Air Handling Units Market Trends and Opportunities: Global Outlook (2023-2032)

The market for Offshore Air Handling Units is projected to grow from US$ 2.28 Bn in 2022 to an estimated US$ 4.8 Bn by 2030, expanding at a Compound Annual Growth Rate (CAGR) of 7.50% over the forecast period.

Offshore Air Handling Units (AHUs) are critical components used in offshore facilities, such as oil rigs, wind farms, and marine platforms, to regulate and maintain indoor air quality and temperature. These units are designed to function in harsh marine environments, where exposure to saltwater, extreme weather, and corrosive conditions is common. Offshore AHUs typically consist of high-performance components like corrosion-resistant materials, robust filtration systems, and energy-efficient fans and coils to ensure reliable performance. They provide ventilation, heating, cooling, and humidity control, which are essential for the comfort and safety of personnel as well as the protection of sensitive equipment. These systems must meet stringent regulatory standards for durability, efficiency, and safety. Additionally, offshore AHUs often incorporate advanced automation and control systems for remote monitoring and maintenance, ensuring optimal operation even in the challenging and remote conditions found offshore.

The market for Offshore Air Handling Units (AHUs) is driven by various regional factors, with demand varying based on the presence of offshore industries, environmental regulations, and investments in energy infrastructure. Key regional insights for the Offshore AHU market include:

1. Europe

Europe is one of the leading markets for offshore AHUs, largely due to the region's significant investments in offshore wind energy and oil and gas exploration in areas such as the North Sea. Countries like the UK, Norway, and Denmark are driving the demand for specialized offshore HVAC solutions to support these growing sectors. Strict environmental regulations and a strong focus on energy efficiency and sustainability also contribute to the adoption of high-performance offshore AHUs. In addition, the European Green Deal and carbon reduction goals are pushing industries toward energy-efficient and environmentally friendly air handling solutions.

2. North America

North America, particularly the United States and Canada, represents a growing market for offshore AHUs, driven by ongoing oil and gas exploration in the Gulf of Mexico and offshore drilling activities off the coast of Canada. Additionally, the U.S. offshore wind sector is expanding rapidly, particularly along the East Coast, creating opportunities for AHU manufacturers to provide systems that meet the demanding environmental conditions of offshore platforms. The region's stringent safety and environmental regulations, particularly those related to emissions and energy consumption, are encouraging the adoption of advanced and energy-efficient offshore AHU technologies.

3. Asia-Pacific

The Asia-Pacific region, particularly countries like China, South Korea, Japan, and India, is experiencing increased demand for offshore AHUs due to the expansion of offshore oil and gas operations and the emerging offshore wind energy market. China is making significant investments in offshore wind farms as part of its clean energy strategy, while the region's growing industrial base also requires robust HVAC systems for offshore facilities. As these countries invest more in renewable energy and offshore projects, there is a rising need for specialized air handling units capable of withstanding the region's humid and often challenging offshore environments.

4. Middle East and Africa

The Middle East and Africa region has a steady demand for offshore AHUs, particularly due to the extensive oil and gas exploration activities in the Persian Gulf and off the coast of Africa. Countries like Saudi Arabia, the UAE, and Nigeria are major contributors to this market. The harsh climatic conditions in the region, with high temperatures and saltwater exposure, require highly durable and corrosion-resistant AHUs. Additionally, there is increasing interest in energy-efficient systems as countries in the Middle East are focusing on reducing the carbon footprint of their energy industries.

5. Latin America

Latin America, particularly Brazil and Mexico, is witnessing moderate demand for offshore AHUs, mainly driven by offshore oil and gas exploration in regions such as the Gulf of Mexico and the Brazilian offshore oil fields. As the region continues to develop its offshore energy resources, there is growing demand for reliable air handling systems to maintain safe working environments for offshore personnel. The market is expected to grow steadily as more investments are made in offshore energy projects, both in traditional fossil fuels and emerging renewable sectors.

6. Russia and CIS

Russia and other countries in the Commonwealth of Independent States (CIS) have significant offshore oil and gas resources, particularly in the Arctic and Caspian Sea regions. The harsh, cold offshore environments in these areas require highly specialized AHUs designed to withstand extreme temperatures and corrosive conditions. The development of these offshore resources, particularly in Russia's Arctic region, is driving demand for robust air handling systems that can ensure reliable performance in challenging climates.

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Key players

Daikin Industries Ltd.

Carrier Corporation

Johnson Controls

Trane Technologies

Lennox International

FläktGroup

GEA Group

Trox Group

Airedale International Air Conditioning Ltd.

Novenco A.S

The Offshore Air Handling Units (AHUs) market is driven by several key factors that are contributing to its growth and demand across various offshore industries. These drivers include:

1. Growth in Offshore Oil and Gas Exploration

One of the primary drivers of the offshore AHU market is the continued expansion of offshore oil and gas exploration activities. As energy companies seek to exploit deepwater and ultra-deepwater reserves, particularly in regions such as the Gulf of Mexico, North Sea, and West Africa, there is a growing need for reliable and efficient HVAC systems to maintain safe working conditions on offshore platforms. Offshore AHUs help ensure proper ventilation, temperature control, and humidity management, which are essential for both operational efficiency and personnel safety in these harsh environments.

2. Expansion of Offshore Wind Energy Projects

The offshore wind energy sector is experiencing rapid growth, particularly in Europe, Asia, and North America. As countries push for renewable energy solutions to meet their climate goals, offshore wind farms are becoming a significant source of energy. Offshore air handling units are essential for maintaining the optimal operation of equipment and ensuring a safe and comfortable environment for personnel working in offshore wind facilities. The increasing investments in offshore wind energy projects are driving demand for durable and energy-efficient AHUs capable of withstanding marine conditions.

3. Stringent Environmental and Safety Regulations

Stringent environmental and safety regulations in industries such as oil and gas and renewable energy are a major driver of the offshore AHU market. Regulatory bodies across regions, such as the U.S. Environmental Protection Agency (EPA) and the European Union’s environmental standards, impose strict requirements for air quality, emissions control, and energy efficiency. Offshore AHUs must comply with these regulations to ensure minimal environmental impact and meet the high safety standards necessary for offshore facilities. As a result, there is a growing demand for technologically advanced AHUs that can meet these compliance requirements.

4. Technological Advancements in Energy-Efficient Systems

Advances in energy-efficient technologies are a significant driver for the offshore AHU market. Companies are increasingly seeking AHUs that offer high energy efficiency and reduced operating costs, as energy consumption is a major concern in offshore facilities where energy resources can be limited or expensive to generate. The integration of features such as variable speed fans, high-efficiency heat exchangers, and smart control systems enables offshore operators to optimize energy usage and improve sustainability. These technological advancements also help reduce greenhouse gas emissions, aligning with global efforts to reduce carbon footprints.

5. Need for Reliable HVAC Solutions in Harsh Marine Environments

Offshore platforms are exposed to extreme environmental conditions, including high humidity, saltwater, corrosive air, and temperature fluctuations. This creates a strong demand for highly durable and reliable AHUs that can withstand such harsh conditions. Offshore AHUs are specifically designed with corrosion-resistant materials and advanced filtration systems to ensure they function optimally in challenging marine environments. The need for robust systems that can operate reliably with minimal maintenance in remote offshore locations is a significant driver of the market.

6. Increasing Focus on Worker Safety and Comfort

Ensuring the health, safety, and comfort of offshore workers is a critical concern for companies operating in the offshore sector. Proper ventilation, air quality control, and climate regulation are essential for maintaining a safe working environment on offshore platforms. Offshore AHUs play a key role in controlling indoor air quality, regulating temperature, and removing humidity, which are crucial for preventing heat stress, respiratory issues, and other health hazards. As a result, the demand for high-quality HVAC systems, including AHUs, is rising in offshore facilities to prioritize worker safety and comfort.

7. Growing Investments in Offshore Infrastructure

Global investments in offshore infrastructure, particularly in the energy sector, are driving demand for air handling units. As countries and energy companies continue to invest in the development of new offshore platforms for oil, gas, and renewable energy projects, the demand for offshore AHUs is expected to increase. Governments and private companies are investing in both the expansion of existing offshore facilities and the construction of new platforms, fueling the need for efficient HVAC systems that can operate in marine environments.

8. Rising Demand for Modular and Customized AHUs

There is an increasing preference for modular and customized AHUs that can be tailored to the specific needs of offshore applications. Offshore platforms often have unique space constraints and operational requirements, making flexibility in design and installation a priority. Modular AHUs, which can be easily assembled and disassembled, are gaining popularity for their ease of transportation, installation, and maintenance. Customization options allow operators to optimize the performance of AHUs based on the specific environmental conditions and functional needs of their offshore facility.

9. Integration of Automation and Remote Monitoring

The integration of automation and remote monitoring technologies in offshore AHUs is becoming more common, driven by the need to minimize manual intervention and improve operational efficiency in remote offshore environments. Smart control systems and IoT-enabled devices allow for real-time monitoring of air quality, energy consumption, and system performance. This helps offshore operators detect potential issues early, perform preventive maintenance, and reduce downtime, which is critical in environments where access to the platform can be limited.

10. Decommissioning and Upgrading of Aging Offshore Facilities

Many existing offshore platforms, particularly in mature oil and gas regions, are reaching the end of their operational life. As these facilities undergo decommissioning, retrofitting, or upgrading, there is an opportunity for the installation of modern, energy-efficient AHUs. The demand for replacement units or upgraded air handling systems is expected to grow as companies invest in extending the life of their offshore assets through modernization and improved safety and efficiency measures.

Segmentation Analysis

Oil and Gas Rigs

Cruise Liners and Yachts

Defense

FPSO Vessels

Cargo Ships

Additional sectors, such as semi-submersibles and RO-RO Ferries

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rupalic · 1 month ago

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The Impact of IoT in the Digital Agriculture Ecosystem: Connecting Crops to the Cloud

The digital agriculture market is set for substantial growth, fueled by technological innovations and the increasing demand for sustainable and efficient farming practices. With the ongoing evolution of digital tools and platforms, the agricultural sector is poised for a transformation, providing opportunities for greater productivity, enhanced food security, and better livelihoods for farmers.

How Digital Agriculture is Transforming Farming and Forecasting a $39.8 Billion Future

Digital agriculture offers innovative solutions to tackle the growing challenge of food insecurity, which is increasingly intensified by rising population levels. By utilizing technologies such as remote sensing and data analytics, digital agriculture enhances the efficiency and sustainability of food production. These advancements help optimize resource use, improve crop yields, and reduce environmental impacts, boosting food availability and accessibility. The global digital agriculture industry is on a trajectory of significant growth, with an estimated value forecasted to reach USD 39.8 billion by 2029 from the 2024 valuation of USD 24.2 billion, exhibiting an optimistic Compound Annual Growth Rate (CAGR) of 10.4%.

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A notable example is the Indian government’s initiative to lead a technological revolution in agriculture. As of January 1, 2024, India is demonstrating its commitment to modernizing agriculture through strategic initiatives designed to close the technology gap and increase productivity. A key component of this effort is the National e-Governance Plan in Agriculture (NeGPA), which supports states in implementing digital agriculture projects that leverage artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), and blockchain. NeGPA aims to promote data-driven decision-making to optimize agricultural outcomes and drive sectoral advancements. The Surge in Automation Hardware: What the Highest Projected CAGR Means for the Digital Farming Industry

As technology continues to transform agricultural practices, the role of automation and control systems becomes increasingly critical. Modern hardware solutions, from sensor-equipped devices to automated machinery, are revolutionizing farming processes. The focus on precision farming is driving the integration of these advanced hardware solutions to optimize resource use, boost efficiency, and improve overall agricultural productivity. This growing adoption of automation and control systems highlights the significant impact of digital technologies on traditional farming, paving the way for a future of smart, data-driven agriculture that promises sustainability and technological advancement.

To support data-driven farming, Precision Agriculture Connectivity Infrastructure is essential. This infrastructure includes secure hyperscale cloud connectivity, farm-centric computing platforms, private 5G wireless systems, public wireless field coverage, and a range of terrestrial and non-terrestrial networks. It forms the backbone for deploying artificial intelligence, quantum computing, machine vision, and other innovations developed by experts in automation and control systems within digital agriculture.

A March 2023 report from the European Parliament notes a significant rise in interest in agricultural robots over the past decade, though adoption rates vary globally. Robotics applications in agriculture span field farming, dairy management, indoor farming, and horticulture. This surge in technological innovation and autonomous systems underscores the growing importance of automation and control systems in the digital farming market. The integration of intelligent features and robotics not only enhances operational efficiency but also sets the stage for future advancements in smart farming practices.

The Digital Economy’s Role in Driving Agricultural Development

In December 2023, the influence of the digital economy on agriculture in developing countries emerged as a crucial factor in boosting agricultural production and tackling hunger-related issues. Technologies like precision farming, data analytics, and digital monitoring systems are essential for refining farming practices, enhancing yields, and improving resource efficiency. Additionally, digitalization is transforming governance within the agricultural sector by enabling more transparent and efficient management. This results in better policymaking, resource allocation, and monitoring of agricultural programs.

China, India, and Beyond: The Growing Influence of Asia Pacific Digital Agriculture Market

The Asia Pacific digital agriculture market is significantly driven by government incentives, expanding internet access, and growing awareness of technological advancements. These factors, along with the need for higher agricultural yields and more efficient resource use, are fueling the region’s progress in digital agriculture. Government policies and educational programs aimed at farmers have raised awareness and adoption of digital technologies. China plays a major role in the region’s leadership in this sector, with India also emerging as a key player, while Australia, New Zealand, and Japan continue to show steady growth in digital agriculture.

Additionally, increasing support from major industry players is boosting the growth of digital agriculture in the region. For example, in November 2022, Syngenta and Plantix launched a partnership to provide smallholder farmers in Asia Pacific with AI-powered tools through the Cropwise Grower app. This initiative aims to reach 500,000 farmers across five countries, offering them access to a comprehensive database of crops, diseases, and best practices. The app features localized content, offline functionality, and early warnings for pests and diseases. This collaboration seeks to bridge the information gap for rural farmers, enhance decision-making, and improve yields and livelihoods.

The Top Digital Agriculture Companies to Watch: Innovations and Impact on the Industry

IBM’s Role in Agriculture: Leveraging Data and Technology for Smarter Farming

IBM Corporation is a global technology powerhouse headquartered in Armonk, New York, with operations in over 175 countries. With a long and storied history spanning over a century, IBM has been a pioneer in various fields, including hardware, software, and services. It operates through six business segments, namely, Cloud & Cognitive Software, Global Business Services, Global Technology Services, Systems, Global Financing, and Others. The company provides agriculture solutions globally by using its Watson Decision Platform in combination with data acquired from The Weather Company to help farmers with planning, plowing, planting, and harvesting. The company has 12 R&D laboratories across six continents. Apart from the US, IBM has formidable research centers in Japan, China, India, Ireland, and Switzerland.

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Cisco Systems: Leading the Charge in Smart Agriculture with Advanced Networking Solutions

Cisco Systems, Inc., is a global leader in networking technology, playing a crucial role in building the infrastructure that powers the Internet. They offer a wide range of hardware, software, and services that help businesses, governments, and individuals connect securely and efficiently. The company offers smart agriculture solutions aimed at boosting farm efficiency, income, and supply chain connections. Using tools like data analytics, sensors, and satellite imagery, Cisco Systems, Inc., builds a central platform integrating data-driven insights, collaboration tools, secure networks, and web portals. This creates an IoT ecosystem that enhances agricultural yield and profitability.

In December 2022, Cisco Systems, Inc., partnered with SatSure (US), a data analytics startup, to help governments address specific needs in smart agriculture. This collaboration showcases the effectiveness of Cisco LaunchPad, their accelerator program, in fostering innovation and mutual benefit for businesses.

Top Questions Answered by the Digital Agriculture Market Report

How is the digital agriculture market evolving?

What are the key drivers of digital agriculture industry growth?

What benefits does digital agriculture offer to farmers?

Which region expected to hold largest digital agriculture market share

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