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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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Indoor Farming Market Outlook for Forecast Period (2023 to 2030)
Indoor Farming Market was valued at USD 34790 million in 2021 and is expected to reach USD 53570 million by the year 2028, at a CAGR of 6.36%.
The rising interest in indoor farming has been acting as a critical point for the food supply chain as the world population is expected to gain 9.8 billion by 2050, and the effects of global warming on nutrient depletion in crops have been posing as a threat for crop production. In these situations, indoor farming has been proving to be an efficient way to produce more food with few resources than conventional farming, without depending on arable land availability and external climate conditions. The indoor farming industry is prominently by the greenhouse technologies, but due to increasing technological innovations and interest among the growers, other branches, such as aeroponics and hydroponics, are also observed to be growing.
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Leading players involved in the Indoor Farming Market include:
Philips Lighting, Everlight Electronics, Argus Controls Systems, Netafim, Lumigrow, Logiqs, Illumitex, Vertical Farm Systems, Hydrodynamics International, General Hydroponics, Richel Group, American Hydroponics, Agrilution and Other Major Players.
The latest research on the Indoor Farming market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Indoor Farming industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Indoor Farming market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Segmentation of Indoor Farming Market:
By Growing System
Alumina
Titanite
Zirconia
Silicon Carbide
Aluminum Nitride
Silicon Nitride
Other
By Facility Type
Monolithic Ceramics
Ceramic Matrix Composites
Ceramic Coating
By Crop Type
Electrical and Electronics
Transportation (Aerospace & Automotive)
Medical Industrial Defense
Security Chemical
Other
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
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1. Strategic Decision-Making for Government Leaders and Politicians:
Gain insights into the global Indoor Farming Market Growth 2023-2030 market revenues at global, regional, and national levels until 2030. Assess and strategize market share based on comprehensive analysis, enabling informed decision-making. Identify potential markets for exploration and expansion.
2. Informed Decision-Making for Professionals and Product Developers:
Access a detailed breakdown of the Indoor Farming Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.
3. Strategic Planning for Sales Managers and Market Stakeholders:
Utilize market breakdowns to target specific segments, optimizing sales strategies. Address challenges and capitalize on expansion opportunities highlighted in the report. Mitigate threats effectively with a comprehensive understanding of market risks.
4. Comprehensive Understanding for Executives:
Analyze primary drivers, challenges, restrictions, and opportunities in the global Laboratory Clothes market. Develop effective strategies by gaining insights into market dynamics. Allocate resources based on a thorough understanding of market conditions.
5. Competitive Intelligence:
Obtain a detailed analysis of competitors and their key tactics in the Indoor Farming Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.
6. Accurate Business Forecasting:
Evaluate the accuracy of global Indoor Farming Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.
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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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The Indoor Farming Market is expected to reach USD 24.88 billion in 2023 and grow at a CAGR of 10.60% to reach USD 41.17 billion by 2028. Bowery Inc., Crop One Holdings, Superior Fresh, Village Farms International Inc., Windset Farms are the major companies.
#Indoor Farming Market Size#Indoor Farming Market Share#Indoor Farming Market Trends#Indoor Farming Market Growth#Indoor Farming Market Analysis#Indoor Farming Market Forecast#Indoor Farming Market Report#Indoor Farming Industry Report
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Gardening Tools Market Analysis: Global Size, Product Segmentation, Regional Trends, Key Companies, and Forecast (2025–2035)
Industry Outlook
The Gardening Tools Market was valued at USD 18.7 billion in 2024 and is projected to reach USD 35.5 billion by 2035, growing at a CAGR of approximately 6.0% between 2025 and 2035. This market includes a wide range of equipment designed for garden, lawn, and landscape maintenance. From manual tools like shovels, rakes, and pruning shears to power tools such as lawnmowers, hedge trimmers, and chainsaws, gardening tools serve both individual gardeners and professional landscapers.
Market growth is driven by increasing interest in gardening, home improvement trends, and advancements in tool technology, particularly in battery-powered and smart gardening tools. Additionally, eco-friendly and ergonomic designs are gaining popularity. Demand remains strong in North America and Europe, while Asia-Pacific is experiencing growth due to urban development projects and increased interest in gardening and landscaping.
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Market Dynamics
Urban Farming and Community Gardening Fuel Demand for Compact Tools
The rise of urban farming and community gardening initiatives is driving demand for compact, versatile gardening tools. As cities become more crowded, interest in sustainable food production is increasing, leading to the expansion of community gardens. According to the Community Gardening Association, there are over 18,000 community gardens across the United States and Canada, a number that continues to grow.
Urban gardening offers a sustainable food source while promoting community engagement and food security. This shift has increased demand for lightweight, portable, and ergonomic tools such as foldable spades, multi-purpose trowels, and compact storage solutions. As the urban gardening trend expands, tool manufacturers are focusing on practical, space-saving innovations.
Home Gardening and DIY Trends Drive Market Growth
The rising popularity of home gardening and DIY landscaping is boosting demand for gardening tools. The National Gardening Survey reported that 18.3 million new gardeners joined the hobby, driven by self-sufficiency, healthy eating, and sustainable living.
With the increasing number of backyard, balcony, and indoor gardens, there is a growing demand for lightweight, ergonomic, and multi-functional tools. Consumers seek efficient solutions such as hand pruners, small-scale planters, and user-friendly trowels that enhance their gardening experience.
Challenges in Battery-Powered Gardening Tools
Despite the rising adoption of battery-powered gardening tools, limitations such as short battery life and high replacement costs are restraining market growth. While battery-powered tools offer convenience and lower emissions, frequent recharging and expensive battery replacements make them less viable for professional landscapers and gardeners.
For commercial applications requiring long hours of operation, reliance on additional or replacement batteries increases costs. Although demand for battery-powered tools continues to rise, overcoming these drawbacks remains a challenge for manufacturers.
Organic Gardening and Permaculture Open New Market Opportunities
The growth of organic gardening and permaculture is driving demand for specialized tools that support sustainable and eco-friendly farming practices. According to the U.S. Department of Agriculture, certified organic operations in the U.S. are increasing by 5% annually, reflecting a growing consumer preference for organic products.
This trend has led to increased demand for non-toxic sprayers, hand-weeding tools, and soil aerators that promote organic and permaculture gardening. Manufacturers are responding by developing innovative tools designed to support sustainable agricultural practices, including low-impact pest control solutions and soil health improvement tools.
E-Commerce Expansion Boosts Gardening Tools Market
The rapid growth of e-commerce is creating new opportunities for the gardening tools market, particularly in regions where physical stores are limited. Online shopping offers advantages such as price comparison, a wider range of products, and accessibility to specialty tools that may not be available in local stores.
The expansion of online retail platforms allows gardening tool brands to reach a global audience while providing consumers with detailed product information, customer reviews, and instructional videos. The convenience of e-commerce is transforming the gardening tools industry, making tools more accessible to a broader range of consumers.
Industry Expert Insights
"From beginners to pros, new customers to loyal shoppers, our customers have loved having greater depth and variety in our Lawn and Garden category." — Seth Estep, Chief Merchandising Officer at Tractor Supply.
"Consumers today approach lawn and garden care through the lens of sustainability and creativity and seek the expertise and products to help them express their vision. We are excited to partner with them on this journey and look forward to helping reimagine the lawns and gardens of tomorrow." — Dan Hoeller, Senior Vice President of Marketing at Pennington.
Segment Analysis
Product Type Segmentation
The gardening tools market is categorized into hand tools, power tools, watering tools, and other gardening tools.
Hand Tools: Includes shears, pruners, spades, shovels, rakes, hoes, weeders, and trowels. Hand tools dominate the market due to their affordability, versatility, and widespread use among gardeners.
Power Tools: Comprises lawnmowers, hedge trimmers, leaf blowers, chainsaws, tillers, and cultivators. These tools are preferred for large-scale gardening and landscaping projects.
Watering Tools: Includes garden hoses, sprinklers, watering cans, and drip irrigation kits. These tools are essential for plant maintenance.
Other Gardening Tools: Includes garden kneelers, garden carts, composters, garden edging tools, garden bags, containers, and fertilizer spreaders.
Material Segmentation
The gardening tools market is further segmented based on materials, including metal, plastic, and wooden handles.
Metal Tools: Most widely used due to their durability, strength, and resistance to wear and rust. Commonly used for shovels, spades, trowels, and shears.
Plastic Tools: Lightweight and cost-effective but less durable compared to metal tools.
Wooden Handles: Often used in combination with metal tools to provide a comfortable grip.
Regional Analysis
North America
North America leads the gardening tools market, driven by high consumer interest in gardening across the United States and Canada. Gardening remains a popular hobby, with suburban homeowners maintaining personal gardens. The well-established retail sector, growing preference for DIY gardening, and increased adoption of sustainable gardening practices contribute to market expansion.
Government initiatives promoting sustainability and green spaces further encourage gardening activities, boosting demand for gardening tools. Additionally, e-commerce platforms have made tools more accessible, driving sales growth.
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Asia-Pacific
The Asia-Pacific region is the fastest-growing market, fueled by urbanization, rising disposable incomes, and increasing gardening interest in countries such as China, India, and Japan. Gardening is gaining popularity for both aesthetic and food security purposes, particularly in Japan and South Korea, where small-scale farming is prevalent.
The demand for environmentally friendly and smart gardening tools is increasing among younger, tech-savvy consumers. Online retail expansion further enhances market growth, making gardening tools more accessible across diverse customer segments.
Competitive Landscape
The gardening tools market is highly competitive, with key players focusing on innovation and quality to gain a competitive edge. Major companies include:
Stanley Black & Decker
Husqvarna Group
Fiskars
Bosch
The Home Depot
MTD Products
Companies are investing in smart gardening solutions, such as Husqvarna Group’s robotic lawnmowers, to meet consumer demand for technology-driven gardening. Fiskars has introduced a new product line catering to elderly and disabled gardeners, expanding its market reach.
As e-commerce continues to grow, these brands are enhancing their online presence with detailed product descriptions, virtual demonstrations, and superior customer support to attract online shoppers.
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Recent Developments
April 2023: Pennington, a leading lawn and garden brand under Central Garden & Pet Company, introduced a new brand identity to inspire creativity and community among gardeners.
January 2023: Epic Gardening acquired Botanical Interests, a seed packet provider, to expand its wholesale market reach through store partnerships and sales representatives.
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North America Horticulture Lighting Market Trends, Size, Segment and Growth by Forecast to 2030

The North American horticulture lighting market is projected to expand significantly, growing from 830.5 million in 2019 to 830.5 million in 2019 to 3,597.2 million by 2027, reflecting a compound annual growth rate (CAGR) of 20.7% from 2020 to 2027. This robust growth is primarily driven by the rising adoption of vertical farming, increasing demand for sustainable agriculture, and advancements in lighting technologies. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 - https://www.businessmarketinsights.com/sample/TIPRE00014169 Key Market Segments
In terms of technology, the LED lights segment accounted for the largest share of the North America horticulture lighting market in 2019. In terms of application, the greenhouses segment held a larger market share of the North America horticulture lighting market in 2019. Further, the fruits & vegetables segment held a larger share of the market based on cultivation in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the horticulture lighting market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Agrolux; Bridgelux, Inc.; General Electric Company; Heliospectra AB; Hubbell, Inc.; Lumileds Holding B.V.; OSRAM Licht AG; PARsource; Signify N.V.
Key Growth Drivers
Expansion of Vertical Farming
With a rapidly growing population and shrinking arable land, traditional farming alone cannot meet the rising food demand. Vertical farming—a method of growing crops in stacked layers using controlled environments—has emerged as a viable solution.
This approach leverages advanced technologies, including LED lighting, robotics, AI, and big data analytics, to optimize crop yields while minimizing resource consumption.
Vertical farming also reduces dependency on pesticides, lowers water usage, and enables year-round production, making it an attractive alternative to conventional agriculture.
Environmental Sustainability Concerns
Traditional farming contributes to deforestation, soil degradation, and high carbon emissions, prompting a shift toward more sustainable practices.
Vertical farming mitigates these issues by using urban spaces efficiently, reducing transportation costs, and cutting down on pollution. Governments and private investors across North America are increasingly supporting vertical farming initiatives to promote food security and environmental conservation.
Technological Advancements in Horticulture Lighting
The adoption of energy-efficient LED grow lights has revolutionized indoor farming by providing optimal light spectra for plant growth while reducing energy costs.
Innovations in smart lighting systems, which adjust light intensity and spectrum based on plant needs, are further enhancing productivity and efficiency in controlled-environment agriculture (CEA).
Market Outlook
The North American horticulture lighting market is poised for strong growth, fueled by:
Government incentives for sustainable farming practices.
Increasing investments in urban and vertical farming projects.
Growing consumer demand for locally grown, pesticide-free produce. North America Horticulture Lighting Regional Insights
The geographic scope of the North America Horticulture Lighting refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
North America Horticulture Lighting Market Segmentation
Category
Subcategories
By Technology
- LED Lights - High Intensity Discharge Lights - Fluorescent Lamps
By Application
- Greenhouses - Vertical Farming - Indoor Farming
By Cultivation
- Fruits and Vegetables - Floriculture
By Country
- US - Canada - Mexico
Company Profiles
- Agrolux - Bridgelux, Inc. - General Electric Company - Heliospectra AB - Hubbell, Inc. - Lumileds Holding B.V. - OSRAM Licht AG - PARsource - Signify N.V.
North America Horticulture Lighting Strategic Insights
Strategic insights for the North America Horticulture Lighting provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
About Us: Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Défense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications Author’s Bio Akshay Senior Market Research Expert at Business Market Insights
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How to Start a Profitable Mushroom Farm
Starting a profitable mushroom farm in 2025 requires careful planning and execution. Here's a breakdown of key steps, incorporating considerations for the current market:
1. Market Research and Planning:
Identify Your Niche:
Consider high-demand varieties like oyster, shiitake, or lion's mane.
Explore specialty markets for medicinal mushrooms or gourmet varieties.
Analyze local market trends and consumer preferences.
Target Market:
Determine your customer base: restaurants, grocery stores, farmers' markets, or direct-to-consumer sales.
Understand their specific needs and preferences.
Competition Analysis:
Research existing mushroom farms in your area.
Identify their strengths and weaknesses.
Find ways to differentiate your business.
Business Plan:
Develop a comprehensive business plan outlining your goals, strategies, and financial projections.
Include a detailed1 marketing plan.
2. Cultivation and Production:
Choose a Cultivation Method:
Select a method that suits your chosen mushroom variety and resources: indoor controlled environment, log cultivation, or outdoor beds.
Consider the costs and benefits of each method.
Source Quality Spawn:
Obtain high-quality mushroom spawn from reputable suppliers.
Genetics plays a large role in yield and quality.
Prepare the Substrate:
Use appropriate substrate materials (e.g., straw, sawdust, wood chips).
Ensure proper sterilization or pasteurization to prevent contamination.
Controlled Environment:
Maintain optimal temperature, humidity, and airflow for mushroom growth.
Invest in reliable environmental control systems.
Harvesting and Handling:
Harvest mushrooms at the peak of freshness.
Handle them carefully to prevent damage.
Implement proper post-harvest storage and packaging.
3. Business Operations:
Facilities and Equipment:
Set up a dedicated growing space with adequate ventilation and climate control.
Invest in necessary equipment, such as shelving, humidifiers, and lighting.
Regulations and Permits:
Comply with all local, state, and federal regulations regarding food safety and business operations.
Obtain necessary permits and licenses.
Marketing and Sales:
Develop a strong brand identity and online presence.
Establish relationships with potential customers.
Explore various sales channels, including online sales, farmers' markets, and wholesale distribution.
Financial Management:
Track your expenses and revenue carefully.
Develop a budget and financial projections.
Explore funding options, such as loans or grants.
Key considerations for 2025:
Sustainability:
Consumers are increasingly interested in sustainable and locally sourced food.
Consider using organic growing practices and eco-friendly packaging.
Technology:
Explore the use of technology to improve efficiency and productivity, such as automated environmental control systems and online sales platforms.
Online Sales:
Continue to build a strong online presents. Online sales and deliveries have become very important, and will likely continue to be so.
Adaptability:
The market can change rapidly, so be prepared to adapt your business strategies as needed.
By following these steps and staying informed about industry trends, you can increase your chances of success in the mushroom farming business.
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Paving the Way for the Future: Cannabis Technology Driving Industry Growth
The global cannabis technology market size is expected to reach USD 23.46 billion by 2030, expanding at a CAGR of 25.3% from 2023 to 2030, according to a new study by Grand View Research, Inc. The rising trend of cannabis legalization in various regions globally is expected to drive companies to develop cannabis consumption technology to attract new customers. Moreover, the increasing medical applications of cannabis are anticipated to drive cultivators in using modern technology to grow specific strains, thereby helping to grow the market.
There is an influx of new technology-focused players entering the market for cannabis tech to develop devices and software for the cultivation, warehousing, and consumption of cannabis. These companies are using modern technologies such as artificial intelligence and genetic engineering to develop high-tech cannabis cultivation and consumption devices. For instance, developments in vertical farming technology have enabled cultivators to maximize growing space and save on energy costs with the help of LED strips and advanced ventilation systems.
North America is anticipated to account for a significant share of the market for cannabis tech over the forecast period owing to the extensive legalization in the region. For instance, 21 states in the U.S. have legalized the recreational use of cannabis. Additionally, the trend of cannabis dispensaries in the region is anticipated to drive regional growth. The significance of these cannabis dispensaries is that they are legal and enable the government to collect taxes on the total sales of cannabis.
Cannabis Technology Market Report Highlights
Based on component, the softwaresegment is anticipated to grow at the fastest rate of almost 32% during the forecast period, due to significant developments in smart cannabis consumption devices
Based on distribution channel, the offline segment recorded the largest market share of around 89% in 2022, as a result of the growing number of cannabis dispensaries
Based on application, the consumption segment is expected to expand at a significant CAGR during the projection period, due to the prominent medical uses of cannabis
Based on end use, the recreational segment is anticipated to advance at the highest CAGR of around 30% in the coming years, aided by the growing popularity of cannabis for recreational use during the COVID-19 pandemic
Based on geography, North America dominated the market with a share of over 56% in 2022, due to the growing implementation of technology in the cannabis industry, coupled with the increasing trend of vaping in the region
Cannabis Tech Market Segmentation
Grand View Research has segmented the global cannabis technology market based on application, distribution channel, component, end-use, and region:
Cannabis Tech Application Outlook (Revenue, USD Billion, 2018 - 2030)
Cultivation
Indoor
Outdoor
Processing/Manufacturing
Warehousing
Consumption
Vaporizers
Decarb Machine
Accessories
Cannabis Tech Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)
Online
Offline
Cannabis Tech Component Outlook (Revenue, USD Billion, 2018 - 2030)
Hardware
Software
Cannabis Tech End-use Outlook (Revenue, USD Billion, 2018 - 2030)
Medical
Recreational
Industrial
Cannabis Tech Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Spain
Italy
Asia Pacific
China
India
Australia
South Korea
Thailand
Latin America
Brazil
Mexico
Middle East & Africa
South Africa
Morocco
Key Players in Cannabis Technology Market
Ardent Life, Inc.
Demetrix, Inc.
Courier Plus, Inc. (Dutchie)
Casters Holdings LLC (Fyllo)
Green Thumb Industries
Jane Technologies, Inc.
LeafLink, Inc.
Puff Corporation (Puffco)
SpringBig
Stealth Monitoring
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North America Floriculture Market Analysis, Demand, Business Scope, Outlook and Future Opportunities: SPER Market Research

Floriculture is an area of horticulture that focuses on the management and production of ornamental and flowering plants. The production, processing, marketing, and distribution of flowers and ornamental plants, such as cut flowers, bedding plants, houseplants, and potted flowering plants, are all included in this field. With the Netherlands being the world's top flower exporter, followed by Germany and Italy, floriculture is a major contributor to the worldwide economy. The industry has a significant economic impact due to a variety of operations, including flower delivery, marketing, and arrangement. Through landscaping and the creation of green areas, floriculture also improves soil quality, increases biodiversity, and purifies the air.
According to SPER market research, ‘North America Floriculture Market Size- By Product, By Distributional Channel, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the North America Floriculture Market is predicted to reach 38.47 billion by 2034 with a CAGR of 6.21%.
Drivers:
The floriculture market in North America is expanding significantly due to a number of important factors. The efficiency and quality of flower production have been improved by technological developments in greenhouse management and horticulture. Demand from consumers for locally grown, fresh flowers and plants is increasing, and they are increasingly drawn to unusual and exotic types. The proliferation of e-commerce platforms has increased the accessibility of floral products while providing individualized services and convenience. Further driving market expansion is the growing appeal of indoor plants and home gardening, particularly among city people. Holidays and cultural events continue to fuel seasonal demand, which supports the market's overall growth.
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Growth and sustainability in the North American floriculture market are impacted by a number of issues. Inventory and production planning are made more difficult by seasonal demand swings, which cause sales peaks and troughs, especially during holidays like Mother's Day, Valentine's Day, and Christmas. Furthermore, a hurdle for small-scale farmers and newcomers is the high initial cost of sophisticated cultivating equipment, such as greenhouse structures and climate control systems. Fresh floriculture products may become less popular as a result of competition from artificial flowers, which are less expensive and have longer shelf life. The physically taxing nature of floriculture employment also discourages potential workers, which creates operational difficulties for the sector.
Floriculture market is primarily controlled by the United States. The floriculture industry in the United States is fiercely competitive, and major firms are concentrating on ways to increase their market share and satisfy rising customer demand. Some significant market players are Kurt Weiss Greenhouses, Inc., Costa Farms, The Queen’s Flowers, Green Circle Growers, Greenheart Farms, MONROVIA NURSERY COMPANY, Larksilk, Sun Valley Floral Farms, TERRA NOVA Nurseries, Inc. and Benary.
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North America Floriculture Market Growth
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Vertical Farming Market: Trends, Growth, and Future Insights
What Is Vertical Farming, and Why Is It Growing in Popularity?
Vertical farming is the practice of growing crops in vertically stacked layers using advanced technologies like hydroponics, aeroponics, and artificial lighting. It allows year-round crop production in controlled environments, reducing water use and eliminating the need for pesticides.
The global Vertical Farming market is projected to grow from USD 6.8 billion in 2023 to USD 20.1 billion by 2030, at a CAGR of 16.2%, driven by the demand for sustainable agriculture, fresh produce, and urban food security solutions.

How Does Vertical Farming Work?
Hydroponics: Plants grow in a nutrient-rich water solution without soil.
Aeroponics: Plants are suspended in the air and misted with nutrients, maximizing water efficiency.
Aquaponics: Combines hydroponics with aquaculture, using fish waste as plant fertilizer.
LED Lighting: Simulates sunlight to optimize plant growth indoors.
Where Is the Vertical Farming Market Growing the Fastest?
North America: Leading the market with strong investment in urban agriculture and advanced technologies.
Europe: Growing focus on sustainability and reducing the environmental impact of food production.
Asia-Pacific: Rapid adoption due to increasing urbanization and demand for fresh produce in countries like China, Japan, and Singapore.
Middle East: High potential for growth due to limited arable land and water scarcity.
What Are the Challenges in This Market?
High Initial Investment: Setting up vertical farms is expensive due to advanced equipment and technology.
Energy Consumption: Artificial lighting and climate control systems can be energy-intensive.
Complex Operational Requirements: Requires expertise in plant science, engineering, and data management.
What’s Next for Vertical Farming?
AI and Automation Integration: Smart farms with AI-driven monitoring and robotic harvesting will improve efficiency.
Expansion in Urban Areas: More cities will adopt vertical farming to reduce reliance on imported produce.
Focus on High-Value Crops: Growth in crops like herbs, berries, and medicinal plants will drive profitability.
Conclusion
The Vertical Farming Market is transforming the agriculture industry, offering a sustainable solution to global food challenges. As technology evolves, vertical farming will become more efficient and accessible, revolutionizing how we grow and consume food.
Want to explore vertical farming solutions? Mark & Spark Solutions can help you adopt the future of farming. Visit our website to learn more.
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Top 10 Most Profitable Crops for Farmers in 2025
Agriculture remains one of the most profitable sectors globally, but choosing the right crop depends on climate, soil conditions, and market demand. In regions like India and the UAE, farmers are increasingly shifting toward high-value, sustainable, and export-oriented crops. Here's a look at the top 10 most profitable crops in India and the UAE, backed by market data and real-world examples.
1. Saffron – The 'Red Gold' of Agriculture
Saffron remains one of the most expensive spices globally, with prices ranging from $3,500 to $5,000 per kilogram. Leading producers include Iran, India (particularly Kashmir), Spain, and Afghanistan.
India: Kashmir continues to be India's primary saffron-producing region.
UAE: The UAE imports high-quality saffron from Iran and India and has initiated small-scale indoor saffron farming projects.
2. Dates – The UAE’s Agricultural Treasure
Dates are a staple food in Middle Eastern cuisine and a major export commodity, selling for $2–$5 per kg. Top producers include Egypt, Iran, Algeria, Saudi Arabia, and the UAE.
UAE: The UAE ranks among the top 5 date-producing countries, exporting to Europe and Asia.
3. Mushrooms – High Demand, Quick Returns
Exotic mushrooms like shiitake, oyster, and morels fetch between $15–$50 per kg. Top producers include China, the USA, the Netherlands, Poland, and India.
India: States like Himachal Pradesh and Punjab have thriving mushroom industries.
UAE: Mushroom farming is expanding in controlled environments, with hydroponic and container-based methods making cultivation viable in desert conditions.
4. Herbs (Basil, Mint, Oregano, Rosemary) – Growing Organic Market
Fresh organic herbs are in high demand, selling for $10–$30 per kg. Top producers include Italy, the USA, India, Egypt, and Turkey.
India: Tamil Nadu and Kerala lead in herbal cultivation for Ayurveda and exports.
UAE: Hydroponic farms like Pure Harvest and Badia Farms produce high-quality basil and mint for local markets.
5. Millets – The Rising Superfood Trend
With increasing health consciousness, millets are becoming popular alternatives to rice and wheat, selling for $1–$3 per kilogram. Top producers include India, Nigeria, China, Niger, and Mali.
India: The government declared 2023 the International Year of Millets, boosting production in states like Rajasthan and Karnataka.
6. Avocado – The Superfood Boom
Avocados are in high demand, selling for $2–$4 per fruit. Top producers include Mexico, the Dominican Republic, Peru, Colombia, and Indonesia.
India: Small-scale cultivation is growing in Kerala and Karnataka, focusing on exports.
UAE: Avocados are mainly imported, but hydroponic projects are exploring local production.
7. Hydroponic Lettuce & Leafy Greens – Perfect for Urban Farming
These crops grow faster than traditional methods and offer higher yields per square meter. Top producers include the Netherlands, the USA, China, Japan, and the UAE (for controlled farming).
India: Hydroponics is gaining popularity in Bengaluru, Pune, and Delhi NCR.
UAE: Companies like Green Fields and Smart Acres are producing lettuce, kale, and spinach using vertical farming techniques.
8. Dragon Fruit – A New High-Value Crop
Dragon fruit is a low-maintenance crop with high demand, selling for $3–$7 per fruit. Top producers include Vietnam, Colombia, Ecuador, Thailand, and India.
India: Gujarat and Maharashtra are leading in commercial dragon fruit farming.
UAE: Locally grown dragon fruit is becoming popular in Dubai's premium supermarkets.
10. Quinoa – The Next Big Superfood
Quinoa is high in protein and sells for $4–$10 per kg. Top producers include Peru, Bolivia, Ecuador, the USA, and Canada.
India: Rajasthan and Madhya Pradesh are expanding quinoa production.
UAE: Desert farming initiatives are testing quinoa as an alternative to wheat.
10. Ginger – High Demand in Culinary and Medicinal Markets
Ginger is a versatile crop with applications in both culinary and medicinal fields, selling for $6–$8 per kilogram. Top producers include India, China, Nigeria, Nepal, and Indonesia.
India: As a leading producer, India cultivates ginger extensively in states like Kerala, Karnataka, and Meghalaya.
UAE: While primarily imported, there's potential for controlled environment agriculture to meet local demand.
Conclusion
In the evolving landscape of agriculture, profitability depends on adaptability, market trends, and technological advancements. In India, crops like saffron, millets, and ginger thrive due to diverse agro-climatic zones and strong traditional practices. In the UAE, innovations in hydroponics and drought-resistant crops like dates and quinoa are shaping the future of sustainable farming.
At AgriNext 2025, , experts will delve into hydroponics, precision farming, and resilient crop varieties, providing farmers with actionable insights to enhance productivity and profitability in an ever-changing agricultural sector.
References
1. Salam Kisan – Insights on high-value crops and market trends. https://www.salamkisan.com/
2. Tend – Data on profitable farming practices and technology. https://www.tend.com/
#Crops for Farmers#Farming conference#Farming conference 2025#Farming conference Uae#Farming conference Dubai
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Indoor Farming Market Outlook for Forecast Period (2023 to 2030)
Indoor Farming Market was valued at USD 34790 million in 2021 and is expected to reach USD 53570 million by the year 2028, at a CAGR of 6.36%.
The rising interest in indoor farming has been acting as a critical point for the food supply chain as the world population is expected to gain 9.8 billion by 2050, and the effects of global warming on nutrient depletion in crops have been posing as a threat for crop production. In these situations, indoor farming has been proving to be an efficient way to produce more food with few resources than conventional farming, without depending on arable land availability and external climate conditions. The indoor farming industry is prominently by the greenhouse technologies, but due to increasing technological innovations and interest among the growers, other branches, such as aeroponics and hydroponics, are also observed to be growing.
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Leading players involved in the Indoor Farming Market include:
Philips Lighting, Everlight Electronics, Argus Controls Systems, Netafim, Lumigrow, Logiqs, Illumitex, Vertical Farm Systems, Hydrodynamics International, General Hydroponics, Richel Group, American Hydroponics, Agrilution and Other Major Players.
The latest research on the Indoor Farming market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Indoor Farming industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Indoor Farming market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Segmentation of Indoor Farming Market:
By Growing System
Alumina
Titanite
Zirconia
Silicon Carbide
Aluminum Nitride
Silicon Nitride
Other
By Facility Type
Monolithic Ceramics
Ceramic Matrix Composites
Ceramic Coating
By Crop Type
Electrical and Electronics
Transportation (Aerospace & Automotive)
Medical Industrial Defense
Security Chemical
Other
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
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Gain insights into the global Indoor Farming Market Growth 2023-2030 market revenues at global, regional, and national levels until 2030. Assess and strategize market share based on comprehensive analysis, enabling informed decision-making. Identify potential markets for exploration and expansion.
2. Informed Decision-Making for Professionals and Product Developers:
Access a detailed breakdown of the Indoor Farming Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.
3. Strategic Planning for Sales Managers and Market Stakeholders:
Utilize market breakdowns to target specific segments, optimizing sales strategies. Address challenges and capitalize on expansion opportunities highlighted in the report. Mitigate threats effectively with a comprehensive understanding of market risks.
4. Comprehensive Understanding for Executives:
Analyze primary drivers, challenges, restrictions, and opportunities in the global Laboratory Clothes market. Develop effective strategies by gaining insights into market dynamics. Allocate resources based on a thorough understanding of market conditions.
5. Competitive Intelligence:
Obtain a detailed analysis of competitors and their key tactics in the Indoor Farming Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.
6. Accurate Business Forecasting:
Evaluate the accuracy of global Indoor Farming Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.
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Sustainable Agriculture Boosting Plant Factory Market to $196 Million by 2028
Plant factories, also known as vertical farms or indoor farms, are advanced agricultural systems designed to produce crops in controlled environments using cutting-edge technology. These facilities utilize artificial lighting, climate control, and hydroponics or aeroponics to optimize plant growth, offering an innovative solution to the challenges faced by traditional agriculture.
The global plant factory market size was valued at US$ 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 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.
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.
How has the COVID-19 pandemic influenced the adoption of plant factories by 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.
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.
Top Plant Factory Companies
AeroFarms (US), Gotham Greens (US), Oishii (US), Plenty Unlimited Inc. (US), MIRAI (Japan), Agricool (France), AppHarvest (US), CropOne (UAE) and BrightFarms (US).
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.
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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.
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Premium Potting Soil Market Size, Trends, and Growth Forecast to 2025
The Premium Potting Soil Market is experiencing steady growth, driven by increasing interest in indoor gardening, greenhouse cultivation, and lawn landscaping.
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Market Overview:
Market Size and Growth: In 2023, the global premium potting soil market was valued at approximately USD 1.68 billion and is projected to reach USD 1.98 billion by 2028, growing at a compound annual growth rate (CAGR) of 3.6%.
Key Market Drivers:
Rising Popularity of Indoor Gardening: The increasing trend of indoor gardening has led to a higher demand for premium potting soils that support optimal plant growth in indoor environments.
Expansion of Greenhouse Cultivation: The growth of greenhouse farming practices has contributed to the demand for specialized potting soils that cater to specific plant requirements.
Emphasis on Lawn and Landscaping: The focus on aesthetic landscaping and well-maintained lawns has increased the use of premium potting soils to ensure healthy plant development.
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Market Segmentation:
By Product Type:
All-purpose Potting Soil
Lawn and Garden Soil
Professional Potting Soil
By Application:
Indoor Gardening
Greenhouse
Lawn & Landscaping
Regional Insights:
North America: This region holds a significant share of the market, driven by the popularity of indoor gardening and well-established gardening practices.
Europe: Europe has a strong tradition of gardening, contributing to the demand for premium potting soils across the region.
Asia-Pacific: Rapid urbanization and a growing interest in gardening activities are expected to boost the market in this region.
Key Players:
The Scotts Company LLC
CreekSide Soils
Sun Gro Horticulture Canada Ltd.
ASB Greenworld Ltd
Klasmann-Deilmann GmbH
Challenges:
High Costs: The premium pricing of high-quality potting soils may deter price-sensitive consumers.
Environmental Concerns: Sourcing of certain raw materials for potting soils can raise environmental issues, prompting a need for sustainable alternatives.
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Microgreens Market Share By 2028: Opportunities & Challenges in Latest Research
Microgreens are edible plants that are harvested in the juvenile growth stage. They have a quick crop cycle. They are ready to harvest in around 7 to 14 days, depending on the species and varieties of the microgreens. Microgreens are majorly cultivated in the indoor vertical and greenhouse farming methods as they need intense care and controlled environment. The favorable temperature for the healthy and desired growth of microgreens is 18 to 24°C and relative humidity (RH) of 40 to 60%; therefore, protected cultivation is majorly used.
Microgreens have been gaining major popularity among the health-conscious people as they contain huge among of vitamins and antioxidants, which helps reduce the risk of cardiovascular and chronic diseases. Furthermore, Microgreens Market Demandneed comparatively less resources to grow at home for daily consumption; therefore, it can be easily grown in the garden and rooftop. Rise in adoption of the protected cultivation and financial and technical support from the government to farmers for erection of protected cultivation plants are likely to support to increase the production of microgreens. Furthermore, growing use of Microgreens Market Trends in the food services industry as flavor and texture enhancement ingredient is expected to surge the demand for microgreens. Due to the COVID-19 pandemic, supply chain has been adversely affected and whole food & beverage industry is still incurring losses. Governments are frequently practicing total lockdown to limit the spread of corona virus, in which restaurants are strictly suggested to close.
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