PUBLISHER: TechNavio | PRODUCT CODE: 1395196
PUBLISHER: TechNavio | PRODUCT CODE: 1395196
The aeroponics market is forecasted to grow by USD 4130 mn during 2023-2028, accelerating at a CAGR of 25.89% during the forecast period. The report on the aeroponics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by limited arable land for agricultural usage, growing focus on reducing labor costs for farming, and need for reduction in soil and water pollution.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 25.44% |
CAGR | 25.89% |
Incremental Value | $4130mn |
Technavio's aeroponics market is segmented as below:
By Product
By Type
By Geographical Landscape
This study identifies the growing inclination toward vertical aeroponics farming technologies with patented systems as one of the prime reasons driving the aeroponics market growth during the next few years. Also, growing need to meet rising demand for food products and growing popularity of disease-free environment in agriculture industry will lead to sizable demand in the market.
The report on the aeroponics market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aeroponics market vendors that include AeroFarms LLC, AEssense Corp., AgriHouse Brands Ltd., Barton Breeze Pvt. Ltd., Bifarm Tech Inc., Biopolus, Bowery Farming Inc., CleanGreens Solutions SA, Eden Grow Systems, Evergreen Farm Oy, Freight Farms Inc., Good Life Growing, Hexagro Urban Farming Srl, LettUs Grow Ltd., Living Greens Farm Inc., Neofarms GmbH, Nutraponics, The Scotts Miracle Gro Co., Jewish Family Service of Colorado, and WayCool. Also, the aeroponics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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