Dublin:Business Wire) – “Plant Factory Market Growing System (Soil, Soil-Based, and Hybrid), Utility Type (Greenhouse, Indoor Farms, Other Utilities), Light Type, Crop Type (Vegetables, Fruits, Flowers) & Ornamentals ), And Region – Global Forecast for 2026 ”report added ResearchAndMarkets.com’s Presenting.
The world’s plant production is projected to reach $ 121.8 billion by 2021 and by $ 172.5 billion by 2026, a 7.2% CAGR.
Depending on the type of plant, it is estimated that the greenhouse forecast will dominate the market during the forecast period.
Greenhouses are an advanced technology for plant development, especially for vegetables, flowers and fruits. Environmental factors such as heat, light exposure, irrigation, fertilizer, humidity, and ventilation can be monitored for better crop growth. Commercial greenhouses typically produce large quantities of crops for consumers; Greenhouses are ideal for herbal sciences and medicinal plants.
He predicts that the sun will dominate the market during the forecast period.
Some plant factories choose and use natural light sources, such as sunlight. However, it is ideal for areas with high levels of sunlight, which are essential for indoor plant growth. Greenhouse farms generally use natural sunlight. It is best to use free sunlight for sustainable production.
The European Union is expected to record the highest growth rate during the review period.
Accepting CEA’s agricultural and automation techniques and government incentives, the evolution of plant factories or controlled agricultural (CEA) and commercial greenhouses took place in Europe. Many European companies have invested heavily in various areas of greenhouse automation, hydroponics, aerospace, and acupuncture research, including climate control, lighting and materials management. Due to the overall development of the plant factories, Europe has become a major market for plant plants.
The plant factory market is divided into regions by detailed analysis of each region. These regions include Asia Pacific, North America, Europe, South America and Africa, and the rest of the world, including the Middle East.
Market volatility
Drivers
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High yield compared to traditional agricultural practices
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Low impact on external weather conditions
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Food demand has risen due to population and climate change challenges
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Increased revenues are leading to an increase in expenditure on food products, and an increase in demand for fuel for food products
Restrictions
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High capital investments
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The importance of a highly accurate environment
Opportunities
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Growing plant factories in restaurants and grocery stores in the middle of the CVD-19 epidemic
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Agri-food exports between countries create a year-round demand for produce
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Demand for floriculture and ornamental gardening has arisen
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Disposable income allows consumers to invest in flower gardens and other ornamental vegetables.
Challenges
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Entering the organic food market
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Improved demand for organic food products in developed countries
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Dispute over food certification in plant factories as “organic”
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Risk of equipment failure and delay in the learning curve between manufacturers
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Proliferation of waterborne diseases and algae in closed systems
Mentioned companies
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Aeroframes
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Agricultural
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Harvest
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Badia Farms
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Good farming
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Bright Pharmacies
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Crop one
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Dream Harvest Farm Company LLC
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Farminova Plant Factory NV
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Farmland
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Gotham Greens
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Iron Oaks
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Calendar
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Mirai Co. Ltd.
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Oishi
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Abundant Unlimited Inc.
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Sky Greens
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Small space
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Taikisha Limited
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Vertical harvest
For more information on this report, visit https://www.researchandmarkets.com/r/qqoarl