Soil Monitoring Market: Key Factors behind Market’s Rapid Growth
The Soil Monitoring Market is expected to be worth USD 1,088 million by 2027 from USD 551 million in 2022, at a CAGR of 14.6% from 2022 to 2027 according to a new report by MarketsandMarkets™.
The rapid growth of the global soil monitoring market is attributed to factors such as the efforts of governments and companies to promote sustainable agriculture practices, the pressing need to preserve...
North America holds the largest share in the digital agriculture market
The Digital Agriculture Market is estimated to be valued at USD 18.0 billion in 2022. It is projected to reach USD 29.8 billion by 2027, at a CAGR of 10.5%, in terms of value between 2022 and 2027. The negative impact of ecosystem change on agriculture is the major factor driving the growth of the digital agriculture market. It is also a major driver for the market as farmers are looking for newer...
Feed Preservatives Market Global Outlook, Trends, and Forecast to 2027
The global feed preservatives market size is estimated to be valued at USD 4.8 billion in 2022 and is projected to reach USD 6.7 billion by 2027, recording a CAGR of 6.7% during the forecast period in terms of value. The demand for feed preservatives have been further fuelled by unpredictable crop harvest patterns over the years, which has increased the need for feed storage.
Key players...
Insect Pest Control Market Size, Growth, Demand, Opportunities & Forecast To 2026
The global insect pest control market size is estimated to be valued at USD 12.3 billion in 2021 and projected to reach USD 15.8 billion by 2026, recording a CAGR of 5.1% during the forecast period. The change in climate conditions is a significant factor that has contributed to the growth of the market. This is attributed to global warming, which leads to changes in the population dynamics...
Sprinkler Irrigation Systems Market: Opportunities And Challenges
The report “Sprinkler Irrigation Systems Market by Type (Center Pivot, Lateral Move, and Solid Set), Crop Type (Cereals, Oilseeds & Pulses, and Fruits & Vegetables), Mobility (Stationary and Towable), Field Size and Region – Global Forecast to 2025″ The sprinkler irrigation systems market is projected to reach USD 2.7 billion by 2025, from USD 2.4 billion in 2019, at a...
Electric Motor Market to Generate $169.1 Billion Revenue by 2026
The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East and Asia Pacific regions along with growing use of electric motors across major industries is the driving factor...
Hydroponics Market Size, Growth, Demand, Opportunities & Forecast To 2027
The global hydroponics
market is estimated to be valued at USD 37.7 Billion in 2022 and is
projected to reach USD 53.4 Billion by 2027, recording a CAGR of 7.2%. The
hydroponic system market is valued at USD 12.1 Billion and is projected to
reach USD 25.1 Billion by 2027. Hydroponic technology is an efficient
alternative to the rising concerns on food security and shrinking arable land
since it...
Drip Irrigation Market Analysis, Statistics and Forecast to 2027
The Drip irrigation Marketis estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value.
Drip irrigation is increasing in popularity among growers, as it helps in transferring water to the roots of the plant where it is needed, at the correct volume, and without a lot of waste due to...
Latest Innovation in Pet Food Ingredients Market
According to a research report “Pet Food Ingredients Market by Ingredient (Meat & Meat Products, Cereals, Vegetables & Fruits, Fats, and Additives), Source (Animal-based, Plant Derivatives, and Synthetic), Pet (Dogs, Cats, and Fish), Form and Region – Global Forecast to 2027″ published by MarketsandMarkets, the global pet food ingredients market is estimated...
Farm Equipment Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2027
The global Farm Equipment Market is projected to
grow from USD 111.8 Billion in 2022 to USD 141.6 Billion by 2027, at a CAGR of
4.8% 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...