Increased Food Demand has Led to Increased Use of Smart Agriculture Techniques and Mechanization to Optimize Crop Yields
The smart harvest market is projected to reach USD 15.6 billion by 2023, from USD 9.0 billion in 2018, at a CAGR of 11.81% during the forecast period. The rise in population has led to increased food demand, which in turn has led to increased pressure on farmers to increase yield and area harvested for various crops. However, global labor shortage in agriculture is one of the major factors leading...
Growing Knowledge About Commercial Greenhouse Technology for Higher Yield is Going to Drive the Commercial Greenhouse Market
According to MarketsandMarkets, the global commercial greenhouse market size is estimated to be valued at USD 29.6 billion in 2020 and 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...
Feed Mycotoxin Binders and Modifiers Market Analysis and COVID-19 Impact on the Global Market
The feed mycotoxin binders and modifiers market is estimated to account for a value of USD 2.4 billion in 2020 and is projected to grow at a CAGR of 3.0% from 2020, to reach a value of USD 2.8 billion by 2025. Increasing need of green adjuvants, improving efficiency and effectiveness of agrochemicals are some of the factors driving the growth of the feed mycotoxin binders and modifiers market.
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Infrastructural Development is Fueling the Growth of the Soil Stabilization Market
The soil stabilization market is projected to reach USD 27.80 Billion by 2022, from USD 22.09 Billion in 2017, growing at a CAGR of 4.70%. Rapid urbanization and improved quality & properties of soil stabilization materials are some of the major factors that are expected to drive the demand for soil stabilization.
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Based on application, the soil stabilization market...
Electric Motor Market to be $169.1 Billion by 2026
According to the new market research report “Electric Motor Market by Type (AC,DC), Power Rating (<1KW,
1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential,
Transportation, and Agriculture), Rotor Type, Output Power, and Region – Global
Forecast to 2026″,published
by MarketsandMarkets™,the Electric Motor Market is expected to grow from an
estimated USD...
Grain Silos and Storage System Market Analysis and COVID-19 Impact on the Global Market
The global grain silos and storage system market size is estimated to account for a value of USD 1.3 billion in 2020 and is projected to grow at a CAGR of 4.8% from 2020, to reach a value of USD 1.6 billion by 2025.
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The farmers in developing and developed regions are investing in setting-up of silos which helps in facilitating the storage of grains, and with appropriate...
Commercial Greenhouse Market: Opportunities And Challenges
The global commercial greenhouse market size is estimated to be valued
at USD 29.6 billion in 2020 and projected to reach USD 50.6 billion by 2025, recording
a CAGR of 11.3% during the forecast period. 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...
Humic-based Biostimulants Market Opportunities, Challenges, Growth, Leading Key Players, and Forecast to 2025
The global humic-based biostimulants market is estimated to be valued at USD 515 million in 2020 and projected to reach USD 848 million, with a CAGR of 10.5% between 2020 and 2025. The growth of the humic-based biostimulants industry is driven by various factors, such as the enhancement in the crop productivity with improvement in the quality and quantity of the crops, demand for sustainable solutions...
Sustainable Growth Opportunities in the Biofortification Market
The biofortification market is estimated to grow at USD 78 million in 2018, and is projected to grow at a CAGR of 8.6% from 2018, to reach a value of USD 118 million by 2023. The growth of the biofortification market is driven by the rise in funds for agronomic practices and technological advancements. Biofortification is primarily used for the crops such as sweet potato, cassava, rice, corn, wheat,...
Upcoming Growth Trends in the Feed Packaging Market
Feed packaging market is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The study involved four major activities in estimating the current market size for the market. Exhaustive secondary research was done to collect information on the market as well as the peer and parent markets. The next step...