Global Urban Farming Market is Predicted to Witness Huge Growth of USD 16.14 billion by 2027 : Fior Markets

·4 min read
Fior Market Research LLP
Fior Market Research LLP

Urban Farming Market by Growth (Aquaponics, Hydroponics, Aeroponics), Structure (Container-Based Urban Farms, Building-Based Urban Farms), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast to 2027

Newark, NJ, May 23, 2022 (GLOBE NEWSWIRE) -- As per the report published by Fior Markets, The global urban farming market is expected to grow from USD 2.77 billion in 2019 to USD 16.14 billion by 2027, at a CAGR of 24.6% during the forecast period 2020-2027. In North America, increased supply from retail stores of fresh vegetables is expected to drive the market in this region. Increased urban population is a contributing factor in urban farming activities such as derelict buildings and revamping derailed warehouses, which has increased the production of food.

Get Free Sample Copy: https://www.fiormarkets.com/report-detail/418099/request-sample

Key players in the global urban farming market are AeroFarms, AMHYDRO, Hort Americas, Koninklijke Philips N.V., Sky Greens, 4D Bios Inc., Everlight Electronics Co. Ltd, Urban Crop Solutions, Agrilution and Illumitex Inc. Key players are focusing mainly on technological advancements such as advanced electronic traceability systems and hydroponic systems, along with high capital expenditure. Partnership strategy is expected to generate the demand for urban farming.

The growth segment includes aquaponics, hydroponics and aeroponics. Hydroponics enables a wide range of crops the long-term cultivation of in vertical farming. The hydroponics segment is driven by increased economics, technological advancements and casual indoor growers. The structure segment includes container-based urban farms and building-based urban farms. Container-based urban farms are expected to show significant growth. The shipping container acts as a modular and standardized chamber for urban farming. It consists of monitoring systems, smart climate controls, vertically stacked hydroponics and LED lighting. It is beneficial to obtain a higher yield by saving space.

Urban farming has changed the traditional agriculture. Buildings can be re-used for urban agriculture which reduces the cost of construction needed in agriculture field. It also reduces spending on land purchases, thereby increasing the productivity. The urban farming market is driven by an increased popularity of organic food, minimized traditional machinery. Also, it enables a grower to keep track on a harvesting and growth of the plants. Technological advancements and rise in the urban population are contributing factors in the growth of the market. Growth mechanisms are beneficial in urban farming, thereby controlling the environment for artificial growth. It also minimizes human intervention, thereby reducing the material wastage and labour cost.

Read Complete Report with TOC: https://www.fiormarkets.com/report/urban-farming-market-by-growth-aquaponics-hydroponics-aeroponics-418099.html

About the report:

The global urban farming market is analysed on the basis of value (USD Billion). All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position grid analysis, distribution and marketing channels analysis.

For Instant Purchase: https://www.fiormarkets.com/checkout.html?reportid=418099&type=single

Customization of the Report:

The report can be customized as per client requirements. For further queries, you can contact us on sales@fiormarkets.com or +1-201-465-4211. Our executives will be pleased to understand your requirements and offer you the best-suited reports.

About Fior Markets

Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients’ objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. Fior Markets deploys a wide range of regional and global market intelligence research reports including industries like technology, pharmaceutical, consumer goods, food and beverages, chemicals, media, materials and many others.

Contact Us

Avinash D
Head of Business Development
Phone: +1-201-465-4211
Email: sales@fiormarkets.com
Web: www.fiormarkets.com





To Read Top Industries Reports, Visit our Affiliated Website: https://www.marketquest.biz

Related Reports

Plant Growth Regulators Market - https://www.fiormarkets.com/report/plant-growth-regulators-market-by-product-auxins-cytokinins-418650.html
Smart Plantation Management Systems Market - https://www.fiormarkets.com/report/global-smart-plantation-management-systems-market-by-type-418653.html
Neotame Market - https://www.fiormarkets.com/report/neotame-market-by-application-food-beverages-pharmaceutical-419244.html


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting