Commercial Greenhouse Market Driving Factors & COVID-19 Analysis
The Commercial Greenhouse Market size is estimated to be valued at USD 29.6 billion in 2020. It is projected to reach USD 50.6 billion by 2025, recording a CAGR of 11.3% in terms of value. The growth of the market can be attributed to the rising demand for food due to the growing population and climate change, which affects the yield of crops. Also, growing knowledge about commercial greenhouse...
Farm Equipment Market Trend and Industry Analysis by 2027
The global Farm Equipment Market is projected to grow from USD 99.4 Billion in 2021 to USD 126.0 Billion by 2027, at a CAGR of 4.0% during the forecast period. Government support with farm loan waivers/ credit finance, OEM/sales incentives to support dealer service and rental operations, increase in farm mechanization, and contract farming are the major factors driving the growth of the Farm Equipment...
Seed Treatment Market to Witness Unprecedented Growth in Coming Years
The global seed treatment market size is projected to grow from USD 6.1 billion in 2022 to USD 9.2 billion by 2027, recording a compound annual growth rate (CAGR) of 8.3% during the forecast period. Asia Pacific accounted for the fastest region, during the forecast period, in terms of volume and value, respectively. Asia Pacific comprises of the largest developing countries with vast...
Opportunities for New Market Entrants in Aquaculture Market
The aquaculture
market is projected to grow from USD 30.1 billion in 2018 to USD 42.6
billion by 2023, recording a compound annual growth rate (CAGR) of 7.2% during
the forecast period. The major factors driving the growth of the aquaculture
market include a decline in the amount of captured fish, rise in consumption of
fish and other products due to their nutritional value, and growth in adoption
of...
Mounted Bearing Market: Overview and Regional Outlook Study
The global Mounted Bearing Market size is projected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.6%.
The mounted bearing market is driven by the adoption of mounted bearings in numerous industries; increased efficiency and long life with fewer maintenance requirements of mounted bearing; growing demand for specialized bearings for cost optimization; and increasing...
Hydroponics Market Size and Key Players – Global Forecast to 2026
The hydroponics
market was valued at USD 9.5 billion in 2020; it is projected to grow
at a CAGR of 11.3% to reach USD 17.9 billion by 2026. The pressure on the
agriculture industry to meet the growing demand for grains and food leads to
the search for high-yielding farming techniques, such as precision farming and
urban farming. Hydroponics thus is looked upon as a potential solution for the
growing...
Upcoming Growth Trends in the Aquaculture Market
The global aquaculture
market is to grow from USD 30.1 billion in 2018 to USD 42.6 billion by
2023, recording a compound annual growth rate (CAGR) of 7.2% during the
forecast period. The decline in the amount of captured fish and rise in
consumption of fishes due to their protein and omega-3 fatty acid content are
projected to drive the growth of the aquaculture market. Furthermore, rising
trade of...
Hydroponics Market Size and Key Players – Global Forecast to 2026
The hydroponics
market was valued at USD 9.5 billion in 2020; it is projected to grow
at a CAGR of 11.3% to reach USD 17.9 billion by 2026. The pressure on the
agriculture industry to meet the growing demand for grains and food leads to
the search for high-yielding farming techniques, such as precision farming and
urban farming. Hydroponics thus is looked upon as a potential solution for the
growing...
Feed plant-based protein market Analysis, Segments, Key Players, Drivers, Trends and Forecast
The global feed
plant-based protein market size is estimated to be valued at USD 2.5
billion in 2020. It is projected to reach USD 3.4 billion by 2025, recording a
CAGR of 6.3% in terms of value. An increase in demand for plant-based pet food
due to rise in awareness among pet owners, pet owners’ inclination toward
organic pet food ingredients, and innovative animal husbandry techniques to
improve...
Growth in Demand for Meat and Meat Products to Drive the Blood Meal Market
The blood meal market is estimated to be valued at USD 1. 8 billion in 2019 and is projected to reach USD 2.1 billion by 2025, recording a CAGR of 3.0% during the forecast period. The growth of this market is attributed to the increasing focus on the growth of livestock and their welfare, which is driven by the increasing demand for meat and poultry products, the rise in global feed production,...