Global Polyhouse farming Market to reach USD xx billion by 2027.Global Polyhouse farming Market is valued approximately USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2021-2027. Polyhouse farming is a modern farming method which uses a controlled environment as temperature, humidity and fertilizers for cultivation. The increasing investments inorganic farming, ill effects of pesticide farming have led the adoption of Polyhouse farming across the forecast period. Rising health issue with the increasing consumption of pesticides food leads to adoption of organic farming. For instance, as per the IBEF Government of India allocated 15.34$ million in FY 2019-20 for soil health card scheme to boost organic farming. However, high implementation costs impede the growth of the market over the forecast period of 2021-2027. Also, with the increasing awareness of organic farming, the adoption & demand for Polyhouse farming is likely to increase.
GlobalPolyhouse farming market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. As far as the geographical region concerned, North America is deemed as leader of market and witnessed robust growth owing to Growing awareness, technological advancement in farming. Whereas, Asia-Pacific is coming up as one of the promising regions as huge market growth is observed due to factors such as rising disposable income, rising prominent participants and improving agriculture practices would create profitable growth prospects for the Polyhouse farming market across Asia-Pacific region.
Major market player included in this report are:
AeroFarms
Green Spirit Farms
Bowery Farming
BrightFarms
Gotham Greens
Iron Ox
InFarm
AgriCool
CropOne
Illumitex
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByCrop Type:
Fruits, Vegetables, & Herbs
Flowers & Ornamentals
Others
By Component:
Hardware
Software
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Polyhouse farmingMarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors