A Qualitative Research Study accomplished by Data Bridge Market research's titled as "Urban Farming Market" with 100+ market data Tables, Pie Charts, Graphs Figures spread through Pages and easy to understand detailed analysis. Urban Farming market research report has been generated with the systematic gathering and evaluation of market information for Urban Farming industry which is presented in a form that explains various facts and figures to the business. This market research report contains thorough analysis of market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. It lends a hand to companies to take decisive actions to deal with threats in niche market. A brilliant team of analysts, experts, statisticians, forecasters and economists has worked rigorously to generate this advanced and all-inclusive Urban Farming market research report.
Market Analysis and Insights : Global Urban Farming Market
The urban farming market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.20% in the forecast period of 2021 to 2028 and is expected to reach USD 555.94 billion by 2028. The rise in demand for high class food with no pesticide or herbicides is the factors escalating the growth of urban farming market.
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Urban farming refers to indoor and outdoor plant cultivation, processing of the output products and their distribution around the city among local inhabitants. This agricultural approach offers numerous benefits including food security for low income groups, increased access to fresh fruit and vegetables, employment and training opportunities and decreased environmental impacts due to less packaging and storage and transport. This practice assists in enhancing urban food security, urban resilience and meeting climate changes.
The rapid urbanization across the globe and the rise in popularity of urban farming due to supply of fresh nutritious products at competitive prices and lower transportation cost are the major factors driving the urban farming market. The growth in adoption of urban farming because of the several offered benefits such as food security and transparency, urban sustainability, health and nutrition factors and education and the surging demand for locally grown food products among population accelerate the urban farming market growth. The increasing rate of urban agriculture projects as it creates job openings, generates income, stimulates the local economy and helps smalls businesses grow and growing adoption of organic food due to the prevalence of chronic diseases act as factors influencing the urban farming market. The rising demand for high quality fresh food cultivated with no chemical usage, depletion of groundwater and the increase in need to produce vegetables and fruits in narrow spaces also propel the urban farming market. Additionally, the affordability of fresh food, more productivity compared to conventional farming and growing investment in these projects positively affect the urban farming market. Furthermore, the provision of green infrastructure, sustainability, incorporation in the metropolitan cities plans and technological advancement and innovations extend profitable opportunities to the urban farming market players in the forecast period of 2021 to 2028.
Some of the major players operating in the Urban Farming market are: UrbanFarmers, Urban Crop Solutions, SproutsIO, Sky Greens, Koninklijke Philips N.V., FarmVisionAI, GrowUp Farms Ltd., Green Sense Farms Holdings, Inc., Gotham Greens, GARDEN FRESH FARMS, EVERLIGHT ELECTRONICS CO., LTD., Upward Farms, Brooklyn Grange farms, BrightFarms, AMHYDRO, Agrilution, Freight Farms, Inc., AeroFarms, Altius Farms
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The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Urban Farming market
- Product Development/Innovation: Detailed insights on upcoming technologies, RD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Urban Farming Market
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- This study offers the latest product news, trends, and updates from the industry's leading players who have leveraged their market position.
- It also offers strategic plans and standards to arrive at informed business decisions adopted by the main players, thereby advocating your go to market strategies.
- In addition, it offers insights into the dynamics of customer behavior that can help the organization better curate market strategies
- Usage of exclusive tailor-made tools along with primary research, secondary research and our in-house data model helps us in extracting the exact market numbers
- Mapping the customer in 3P grid comprising of Purpose, Planning and Positioning, thereby delivering a solution by keeping the prospecting client at the sweet spot
- The market research report includes all of the market's valuable elements, such as sales growth, product pricing analysis, growth opportunities, and recommendations for addressing market challenges
- The Urban Farming report covers all the primary mergers acquisitions, alliances, and collaborations that have generated additional opportunities for market players or in some cases, challenges
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Key Industry Segmentation: Urban Farming Market
The urban farming market is segmented on the basis of farm type, growing medium, farming and crop type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of farm type, the urban farming market is segmented into commercial, community, home gardens, corporate and others. Commercial is further segmented into field, closed environment and others.
- On the basis of growing medium, the urban farming market is segmented into hydroponics, aquaponics and aeroponics.
- On the basis of farming, the urban farming market is segmented into indoor farming and outdoor farming.
- On the basis of crop type, the urban farming market is segmented into food crops and non-food crops. Food crops are further segmented into cereals and grains, vegetables, fruits and others. Non-food crops are further segmented into aromatic herbs, medicinal herbs, ornamental plants and others.
Regional Analysis/Insights: Urban Farming Market
The urban farming market is analyzed and market size, volume information is provided by country, farm type, growing medium, farming and crop type as referenced above.
The countries covered in the global urban farming market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the urban farming market because of the rise in awareness about the benefits of alternative farming including less area requirement for farming and low environmental impacts and rapid urbanization in the developing nations. Europe is expected to witness the significant CAGR during the forecast period of 2021-2028 because of the rise in adoption of nanotechnology and robotics for farming and growth of genetically-modified crop technology in the region.
The country section of the urban farming market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Urban Farming Market: Regulations
- Market Overview
- Global Urban Farming Market, By Variety
- Global Urban Farming Market, By Packaging Size
- Global Urban Farming Market, By Application
- Global Urban Farming Market, By Distribution Channel
- Global Urban Farming Market, By Region
- Global Urban Farming Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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