The Food Crops Grown Under Cover Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Food Crops Grown Under Cover Global Market Report 2024, The food crops grown under cover market size has grown rapidly in recent years. It will grow from $57.36 billion in 2023 to $64.28 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to extended growing seasons, protection from pests and diseases, climate control, water conservation, urban agriculture, crop diversification..
The food crops grown under cover market size is expected to see rapidly grown in the next few years. It will grow to $100.15 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to global population growth, climate change mitigation, vertical farming expansion, organic and sustainable farming, consumer preference for local produce, efficient resource use.. Major trends in the forecast period include advanced automation and robotics, innovations in crop protection, led lighting for crop growth, integration of iot and data analytics, diversification of covering materials, controlled environment agriculture..
Increasing demand for organic food is expected to propel the growth of the food crops grown under the cover market going forward. Organic foods are grown and processed without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs), which can be harmful to both human health and the environment. The demand for organic food has been increasing in recent years as more and more people become aware of the benefits of consuming organic products For instance, in June 2022, the Organic Trade Association, a US-based trade association representing over 9,500 organic businesses, sales of organic fruits and vegetables increased by 4.5% with revenue of $21 billion representing 15 percent of the total product market in the year 2021 in the US. Therefore, increasing demand for organic food is propelling the growth of the food crops grown under cover market.
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The food crops grown under cover market covered in this report is segmented –
1) By Component: Hardware, Software
2) By Crop Type: Fruits And Vegetables, Herbs And Microgreens, Flowers And Ornamentals, Other Crop Types
3) By Component: Hardware, Software2) By Growing System: Hydroponics, Aeroponics, Aquaponics, Soil-Based, Hybrid
4) By Facility Type: Glass Or Poly Greenhouses, Indoor Vertical Farms, Container Farms, Indoor Deep-Water Culture Systems, Other Facility Types
Top Major Players:
Argus Control Systems Ltd
LumiGrow Inc.
Netafim Ltd.
Richel Group
General Hydroponics
North America was the largest region in the food crops grown under cover market in 2023.
Development of electric trucks is a key trend gaining popularity in the forest products trucking market. Customers are increasingly preferring vehicles with lower carbon emissions. Electric trucks are environmentally sustainable and have lower carbon footprint. For example, in August 2022, Svenska Cellulosa AB (SCA), a Swedish forest industry company, together with Scania, a Swedish manufacturer of commercial vehicles, developed the electric timber truck with a capacity of 80 tons. The new electric timber truck represents an innovative step on the journey towards a fossil-free society and can be driven with a total weight of 64 tons on public roads and 80 tons on private roads.
The food crops grown under cover market report table of contents includes:
1. Executive Summary
2. Food Crops Grown Under Cover Market Characteristics
3. Food Crops Grown Under Cover Market Trends And Strategies
4. Food Crops Grown Under Cover Market - Macro Economic Scenario
5. Global Food Crops Grown Under Cover Market Size and Growth
…
31. Global Food Crops Grown Under Cover Market Competitive Benchmarking
32. Global Food Crops Grown Under Cover Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Food Crops Grown Under Cover Market
34.Food Crops Grown Under Cover Market Future Outlook and Potential Analysis
35. Appendix
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