Urban Harvest: Exploring the Global Urban Farming Market's Size, Segmentations, Key Players, Trends, and Future Projections (2023-2032)

The urban agriculture market is expected to witness market growth during the forecast period of 2023-2032. AMR Group analyzes that the market will reach US$555.94 billion by 2032, growing at a CAGR of 5.20% during the forecast period from 2023 to 2032. Increasing demand for high-quality food that is free of pesticides and herbicides is a factor driving growth. State of the urban agricultural market.

Urban farming is the cultivation of plants indoors and outdoors, the processing of the products produced, and distribution within cities to the local population. This agricultural approach offers many benefits, including food security for low-income groups, improved access to fresh fruits and vegetables, employment and training opportunities, and reduced environmental impact through reduced packaging, storage and transportation. bring. This practice will help improve urban food security, urban resilience and climate change mitigation.

Rapid urbanization around the world and the growing popularity of urban farming due to the availability of fresh, nutritious produce at competitive prices and low transportation costs drive the urban farming market. is the main factor. Increasing acceptance of urban agriculture due to its many benefits such as food security and transparency, urban sustainability, determinants of health and nutrition, education, etc.; Agriculture market growth is accelerating. An increase in urban farming projects that create jobs, generate income, revitalize local economies, and support the growth of small and medium-sized enterprises, as well as increased acceptance of organic foods due to the prevalence of chronic diseases, are impacting the urban farming market. increase. Rising demand for high-quality, fresh food grown without the use of chemicals, depletion of groundwater, and increasing need to grow vegetables and fruits in confined spaces are also driving the urban farming market. In addition, the affordability of fresh produce, higher productivity compared to conventional farming, and increased investment in these projects are having a positive impact on the urban farming market. In addition, green infrastructure provision, sustainability, integration into urban planning, technological advancements and innovations are expanding lucrative opportunities for urban agriculture market participants during the forecast period of 2023-2032.

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Market Segmentation:
By Types
Animal Husbandry
Aquaculture
Agroforestry
Urban Beekeeping
Horticulture

By Applications
Commercial
Community
Home Gardens
Corporate
Others

Following are Top Key players Covered in Report:
Gotham Greens
Brooklyn Grange Farm
UrbanFarmers AG
BrightFarms
GrowUP Urban Farms
Garden Fresh Farms
Edenworks
Pasona
Sky Green
Green Sense Farms
American Hydroponics
Agrilution
Certhon
Dalsem
Harnois Greenhouses
Richel Group
Urban Crop Solutions
Vertical Farm Systems
Philips Lighting
Everlight Electronics
Argus Controls Systems
Netafim
Hydrodynamics

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Regional Analysis:
1. North America: North America has witnessed significant growth in urban farming, with cities like New York, Chicago, and Vancouver leading the way. The region has a well-developed infrastructure, technological advancements, and a strong focus on sustainable agriculture practices. Rooftop gardens, hydroponics, and vertical farming are common methods employed in urban farming in North America.

2. Europe: Europe has a long history of urban agriculture, and many cities in the region have embraced urban farming practices. Countries like the Netherlands, Germany, and France are at the forefront of urban farming initiatives, employing innovative techniques such as aquaponics and urban rooftop farms. European urban farming is supported by favorable government policies, high urbanization rates, and a strong focus on environmental sustainability.

3. Asia Pacific: The Asia Pacific region is experiencing rapid urbanization and population growth, leading to increased demand for locally grown food. Countries like China, Japan, and Singapore have been investing in urban farming to enhance food security and reduce reliance on imports. Vertical farming, community gardens, and urban agriculture projects are gaining popularity in Asian cities.

4. Latin America: In Latin America, urban farming is becoming more prevalent, particularly in densely populated cities like Mexico City, São Paulo, and Buenos Aires. These regions are focusing on rooftop farming, community gardens, and hydroponics to make the most of limited urban space. Urban farming initiatives in Latin America aim to address food inequality, create job opportunities, and promote sustainable urban development.

5. Middle East and Africa: Urban farming is gaining momentum in some cities in the Middle East and Africa. Countries like the United Arab Emirates, South Africa, and Kenya are implementing urban agriculture projects to enhance food security and reduce water usage. Vertical farming and hydroponics are among the popular techniques used in these regions due to limited arable land and water scarcity.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Urban Farming market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Urban Farming would help in identifying future applications in this market.

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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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