A Quick Overview of Controlled Environment Agriculture Market
The key object of this report on the Controlled Environment Agriculture Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the Controlled Environment Agriculture Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
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Controlled Environment Agriculture Market Scenario:
The Global Controlled Environment Agriculture Market size was valued at USD 18.3 billion in 2023 and is projected to grow at around 25.71% CAGR during the forecast period, i.e., 2024-30. The growth of the market is propelled mainly by the rising food requirements and gradually reducing arable land worldwide, i.e., leading to the growing need for a controlled environment for agriculture. Various advancements in technologies as well as their rising adoption in the agricultural sector have led to the emergence of more innovative farming solutions & equipment to attain healthy crops & higher output. Thus, with the continuous advancements & trending adoption of innovative solutions, the Controlled Environment Agriculture Market is destined to emerge in the future.
Controlled Environment Agriculture Market - Industry Dynamics, Size, And Opportunity Forecast To 2030:
Market Driver - Rising Demand for Chemical-free, High-quality, and Sustainably-produced Food
As more & more consumers are becoming increasingly aware of the potential health risks associated with chemicals & other contaminants in food, there are growing concerns over the quality, safety, and sustainability of the food they consume. Thus, in line with this numerous people are adopting food products that are free from harmful residues, and are grown organically. This, in turn, is aiding in driving the Controlled Environment Agriculture Market. CEA provides a controlled environment where crops can be grown without using pesticides, herbicides, or fungicides, which results in safer & higher-quality produce that meets stringent food safety regulations.
Furthermore, using vertical farming techniques, CEA maximizes land efficiency & minimizes land degradation while reducing the carbon footprint associated with traditional agriculture practices. Hence, these aspects are augmenting the popularity of CEA worldwide and spurring growth in the Global Controlled Environment Agriculture Industry.
Controlled Environment Agriculture Market Segmentation Analysis:
Controlled Environment Agriculture Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
By Growing Method
- Hydroponics
- Aeroponics
- Aquaponics
By Crop Type
- Vegetables
- Fruits
By Component
- Lighting
- Sensors
- Nutrients
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific.
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Who are the Key Market Players in the Controlled Environment Agriculture Market?
In the fast-changing Controlled Environment Agriculture Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the Controlled Environment Agriculture market ruling the industry are:
List of Key Companies Profiled:
- American Hydroponics(AMHYDRO)
- Ponics Technologies
- Vertical Future
- Nelson & Pade Inc.
- Innovation Agritech Group
- The Aquaponic Source
- Go Green Aquaponics
- V-plus Agritech Pte Ltd
- Ponic Greens
- Rise Hydroponics
- Everlight Electronics Co., Ltd
- Freight Farms
- ams-OSRAM AG
- Heliospectra
- Others.
Global Controlled Environment Agriculture Recent Development:
- January 2024: AmHydro joined hands with Ryzee to launch the latest All-in-one Farm Optimization Platform.
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