A report on the Global Urban Farming Market has been published by Contrive Datum Insights. The report provides clients with the latest trending insights into the Urban Farming market. It can be seen that the report includes market value and growth rate, size, production consumption and gross margin, pricing and other influencing factors. Along with this, in the report, you will get detailed information about every distributor, supplier, and retailer in the market. The competitive scenarios of all industry players are mentioned in detail in the report. The pandemic has caused market participants to strategically change their business plans.
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In 2021, the urban farming market was very big, and over the next few years, it is expected to have a high revenue CAGR. Over the next few years, the market is likely to make more money because more people are learning about nutrition, health, education, and food security and using better ways to make things. Also, the growing number of people living in cities, the growing demand for food products and high-quality produce, the use of technology-driven agriculture and advanced agriculture strategies are all key factors that can help the market make more money.
Urban farming, also called “urban agriculture,” is a way to grow or raise food in cities and within city limits. People in cities do urban farming to improve their quality of life, their ability to get food, and their chances of making money. Also, urban farming is very different from gardening, community gardening, and even homesteading when it comes to making money. Urban farms are like smaller versions of traditional farms that are used to grow crops, process them, and sell them in cities. People don’t have to have their own land to farm in the city. It can also include techniques like vertical farming, farms on roofs, warehouse and community farming, and so on. Urban farming can also involve raising animals, doing aquaculture, agroforestry, or gardening. This is like farming in the country or in a village, and it can be done anywhere in the city on small orchards or in small spaces.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as Bowery Farming (U.S.), GrowUP Urban Farms (U.K.), Freight Farms (U.S.), Edenworks Inc. (U.S.), Brooklyn Grange Farm (U.S.), Sky Green (Singapore), BrightFarms (U.S.), Metropolitan Farms (U.S.), Garden Fresh Farms (U.S.), Square Roots (U.S.), SproutsIO (U.S.). Geographically, this market has been segmented into regions such as North America, Latin America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Regional Insights:
Over the next few years, the most money is likely to come from North America. This is because a lot of money is being put into agriculture, new technologies and farming strategies are being used, and more urban farming techniques like vertical farming are being used in these areas.
In North America, the US is a big player in the market for farming in cities. The Federal Advisory Committee for Urban Agriculture and Innovative Production will hold its first public meeting in March 2022, according to the U.S. Department of Agriculture (USDA). The committee’s goal is to help urban farmers by giving them information and suggestions. This will make the local food systems stronger, make it easier for people to get high-yield crops and healthy local food, and make things more fair.
Asia Pacific is likely to have a high rate of revenue growth over the next few years. This is because the number of people living in the area is growing, crops are becoming less dependent on the weather, more people want high-yield crops, and more people are concerned about eating healthy food that isn’t made with chemicals. Countries in the Asia-Pacific region are also becoming more urban, and there are less places to farm. It is likely that this will make urban farming there more popular. The revenue share of the urban farming market is also being driven by the fact that big companies are investing more money in the market and by the use of advanced urban farming techniques and equipment to increase the amount of crops grown each year.
Urban Farming Market Segmentation:
By Type:
- Aquaponics
- Hydroponics
- Aeroponics
- Others
By Structure:
- Indoor
- Outdoor
- Others
Influence of the Urban Farming Market report:
–Comprehensive assessment of all opportunities and risks in the Urban Farming Market.
–Urban Farming Market recent innovations and major events.
–Detailed study of business strategies for growth of the Urban Farming Market market-leading players.
–Conclusive study about the growth plot of Urban Farming Market for forthcoming years.
–In-depth understanding of Urban Farming Market market-particular drivers, constraints, and major micro markets.
–Favorable impression inside vital technological and market latest trends striking the Urban Farming Market.
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Key Market Factors That Are Explained In The Report?
-Major Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Major Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Urban Farming Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyse the growth of the key players operating in the market.
The research includes historic data from 2017 to 2022 and forecasts until 2030 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Frequently Asked Questions (FAQ):
- What is the growth rate predicted for the Global Urban Farming Market?
- Who are the top performing companies in Urban Farming Market?
- Which region dominated the worldwide market for Urban Farming in 2022?
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