Controlled Environment Agriculture Market Size, Growth, Share, Competitive Analysis and Future Trends 2030: MarkNtel Advisors

Market Insights

As per recent research by MarkNtel Advisors, The Global Controlled Environment Agriculture Market size was valued at USD 18.3 billion in 2023 and is projected to grow at around 25.71% CAGR during the forecast period, i.e., 2024-30.

Global Controlled Environment Agriculture Market Driver:

Rising Demand for Chemical-free, High-quality, and Sustainably-produced Food – As more & more consumers are becoming increasingly aware of the potential health risks associated with chemicals & other contaminants in food, there are growing concerns over the quality, safety, and sustainability of the food they consume. Thus, in line with this numerous people are adopting food products that are free from harmful residues, and are grown organically. This, in turn, is aiding in driving the Controlled Environment Agriculture Market. CEA provides a controlled environment where crops can be grown without using pesticides, herbicides, or fungicides, which results in safer & higher-quality produce that meets stringent food safety regulations.

Furthermore, using vertical farming techniques, CEA maximizes land efficiency & minimizes land degradation while reducing the carbon footprint associated with traditional agriculture practices. Hence, these aspects are augmenting the popularity of CEA worldwide and spurring growth in the Global Controlled Environment Agriculture Industry.

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Market Segmentation and Consumer Behavior:

By Growing Method

Hydroponics
Aeroponics

Aquaponics

By Crop Type
Vegetables
Fruits

By Component

Lighting
Sensors
Nutrients

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Controlled Environment Agriculture Market Geographical Analysis:

By Region:

North America
South America
Europe
Middle East & Africa
Asia Pacific

Key Players and Competitive Strategies in the Controlled Environment Agriculture Market

Several prominent players dominate the Controlled Environment Agriculture Market, including:

American Hydroponics(AMHYDRO)
Ponics Technologies
Vertical Future
Nelson & Pade Inc.
Innovation Agritech Group
The Aquaponic Source
Go Green Aquaponics
V-plus Agritech Pte Ltd
Ponic Greens
Rise Hydroponics
Everlight Electronics Co., Ltd
Freight Farms
ams-OSRAM AG
Heliospectra
Others

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Questions Addressed in this Study

1.What factors are driving the Controlled Environment Agriculture Market growth?

2.How is the Controlled Environment Agriculture Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Controlled Environment Agriculture Market?

4.What is the current size of the Controlled Environment Agriculture Market, and how is it projected to change in the future?

6.What is the future outlook for the Controlled Environment Agriculture Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.