Controlled Environment Agriculture Trends and Forecast
The future of the global controlled environment agriculture market looks promising with opportunities in the flower, mushroom, strawberries, pepper, and tomato markets. The global controlled environment agriculture market is expected to reach an estimated $199.9 billion by 2030 with a CAGR of 16.8% from 2024 to 2030. The major drivers for this market are increasing demand for fresh and healthful food and escalating preference for sustainable agriculture.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Controlled Environment Agriculture by Segment
The study includes a forecast for the global controlled environment agriculture by method, crop type, and region.
Controlled Environment Agriculture Market by Method [Shipment Analysis by Value from 2018 to 2030]:
• Hydroponic
• Aeroponic
• Aquaponic
• Others
Controlled Environment Agriculture Market by Crop Type [Shipment Analysis by Value from 2018 to 2030]:
• Flower
• Mushroom
• Strawberries
• Pepper
• Tomato
• Others
Controlled Environment Agriculture Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Controlled Environment Agriculture Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies controlled environment agriculture companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the controlled environment agriculture companies profiled in this report include-
• Everlight Electronics
• Pentair Aquatic Eco-Systems
• Aerofarms
• Green Sense Farms
• Grow Pod Solutions
• Nelson and Pade
• Fresh Box Farms
Controlled Environment Agriculture Market Insights
Lucintel forecasts that hydroponic is expected to witness the highest growth over the forecast period.
Within this market, tomato will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Controlled Environment Agriculture Market
Market Size Estimates: Controlled environment agriculture market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Controlled environment agriculture market size by method, crop type, and region in terms of value ($B).
Regional Analysis: Controlled environment agriculture market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different methods, crop types, and regions for the controlled environment agriculture market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the controlled environment agriculture market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the controlled environment agriculture market size?
Answer: The global controlled environment agriculture market is expected to reach an estimated $199.8 billion by 2030.
Q2. What is the growth forecast for controlled environment agriculture market?
Answer: The global controlled environment agriculture market is expected to grow with a CAGR of 16.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the controlled environment agriculture market?
Answer: The major drivers for this market are increasing demand for fresh and healthful food and escalating preference for sustainable agriculture.
Q4. What are the major segments for controlled environment agriculture market?
Answer: The future of the controlled environment agriculture market looks promising with opportunities in the flower, mushroom, strawberries, pepper, and tomato markets.
Q5. Who are the key controlled environment agriculture market companies?
Answer: Some of the key controlled environment agriculture companies are as follows:
• Everlight Electronics
• Pentair Aquatic Eco-Systems
• Aerofarms
• Green Sense Farms
• Grow Pod Solutions
• Nelson and Pade
• Fresh Box Farms
Q6. Which controlled environment agriculture market segment will be the largest in future?
Answer: Lucintel forecasts that hydroponic is expected to witness the highest growth over the forecast period.
Q7. In controlled environment agriculture market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the controlled environment agriculture market by method (hydroponic, aeroponic, aquaponic, and others), crop type (flower, mushroom, strawberries, pepper, tomato, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Controlled Environment Agriculture Market, Controlled Environment Agriculture Market Size, Controlled Environment Agriculture Market Growth, Controlled Environment Agriculture Market Analysis, Controlled Environment Agriculture Market Report, Controlled Environment Agriculture Market Share, Controlled Environment Agriculture Market Trends, Controlled Environment Agriculture Market Forecast, Controlled Environment Agriculture Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.