Urban Farming Market is Booming Worldwide | AeroFarms, Growing Greens, Altius Farms

According to HTF Market Intelligence, the Global Urban Farming market to witness a CAGR of 27% during the forecast period (2023-2029). The Latest Released Urban Farming Market Research assesses the future growth potential of the Urban Farming market and provides information and useful statistics on market structure and size.

This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the Urban Farming market. The Urban Farming market size is estimated to increase by USD 285.4 Billion at a CAGR of 27% by 2029. The report includes historic market data from 2023 to 2029. The Current market value is pegged at USD 146.17 Billion.

The Major Players Covered in this Report: AeroFarms (United States), Plenty (United States), GP Solutions (Germany), Growing Greens (United States), Iron Ox (United States), Upward Farms (United States), Vertical roots (United States), Bright Farm (United States), Smallhold (United States), Sasaki (United States), Altius Farms (United States)

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Definition:
The urban farming market refers to the practice of growing food and other crops in urban or suburban areas, often on rooftops, balconies, or in indoor settings. This practice is gaining popularity as people become more interested in locally sourced, sustainable, and organic produce. Urban farming can also help to reduce food waste, increase food security, and improve urban landscapes. The market includes a range of activities, including vertical farming, hydroponics, and aquaponics. It is a growing industry, with many startups and established companies offering innovative solutions for urban agriculture. The global urban farming market is expected to continue its rapid growth due to increasing demand for locally grown produce, rising urbanization, and advancements in technology.

Market Trends:
Vertical farming involves growing crops in stacked layers, often in controlled indoor environments. This approach can increase crop yields while using less water and land.
Hydroponics and aquaponics involve growing crops in water rather than soil, using nutrient-rich solutions or fish waste to fertilize the plants. These methods can be highly efficient and sustainable.
Modular farming systems, such as shipping container farms or rooftop greenhouses, can provide flexible and scalable solutions for urban agriculture.

Market Drivers:
Consumers are becoming more interested in locally sourced, fresh produce, creating a growing demand for urban farming solutions.
As the global population becomes increasingly urbanized, there is a growing need for sustainable food systems that can provide fresh produce in urban areas.
As concerns about climate change and environmental degradation continue to rise, there is growing demand for sustainable food production practices, including urban farming.

Market Opportunities:
Urban farming can be integrated with smart city initiatives to create more sustainable, livable urban environments.
Urban farming companies can expand into new markets by developing innovative solutions for specific urban challenges, such as food deserts or polluted areas.
Urban farming companies can collaborate with local businesses, such as restaurants and grocery stores, to provide fresh, locally sourced produce.

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The titled segments and sub-sections of the market are illuminated below:
In-depth analysis of Marine Propulsion Engines market segments by Types: Corporate, Home Garden, Community, Others
Detailed analysis of Marine Propulsion Engines market segments by Applications: Commercial, Agriculture

Major Key Players of the Market: AeroFarms (United States), Plenty (United States), GP Solutions (Germany), Growing Greens (United States), Iron Ox (United States), Upward Farms (United States), Vertical roots (United States), Bright Farm (United States), Smallhold (United States), Sasaki (United States), Altius Farms (United States)

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:
- -To carefully analyse and forecast the size of the Urban Farming market by value and volume.
- -To estimate the market shares of major segments of the Urban Farming market.
- -To showcase the development of the Urban Farming market in different parts of the world.
- -To analyse and study micro-markets in terms of their contributions to the Urban Farming market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Urban Farming market.
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Urban Farming market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Global Urban Farming Market Breakdown by Application (Commercial, Agriculture) by Structure (Indoor, Outdoor) by Frame Type
(Corporate, Home Garden, Community, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA)

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Key takeaways from the Urban Farming market report:
- Detailed consideration of Urban Farming market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
- Comprehensive valuation of all prospects and threats in the
- In-depth study of industry strategies for growth of the Urban Farming market-leading players.
- Urban Farming market latest innovations and major procedures.
- Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Urban Farming market for forthcoming years.

Major questions answered:
- What are influencing factors driving the demand for Urban Farming near future?
- What is the impact analysis of various factors in the Global Urban Farming market growth?
- What are the recent trends in the regional market and how successful they are?
- How feasible is Urban Farming market for long-term investment?

Major highlights from Table of Contents:
Urban Farming Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Urban Farming Market Size & Growth Outlook 2023-2028 market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Urban Farming Market Size & Growth Outlook 2023-2028 Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Urban Farming Market Production by Region Urban Farming Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

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Key Points Covered in Urban Farming Market Report:
- Urban Farming Overview, Definition and Classification Market drivers and barriers
- Urban Farming Market Competition by Manufacturers
- Urban Farming Capacity, Production, Revenue (Value) by Region (2023-2029)
- Urban Farming Supply (Production), Consumption, Export, Import by Region (2023-2029)
- Urban Farming Production, Revenue (Value), Price Trend by Type {Corporate, Home Garden, Community, Others}
- Urban Farming Market Analysis by Application {Commercial, Agriculture}
- Urban Farming Manufacturers Profiles/Analysis Urban Farming Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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This release was published on openPR.