Press release
Vegetable Farming Global Market Analysis Development Trends, Industry Growth Opportunities, Regional Demand and Forecast 2024-2033 | General Mills Inc., Dole Food Company Inc., Grimmway Farms, Bright Farms Inc., Gills Onions
Vegetable Farming Global Market
The Business Research Company offers in-depth market insights through Vegetable Farming Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The vegetable farming market size has grown strongly in recent years. It will grow from $1649.1 billion in 2023 to $1755.75 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to population growth, health and wellness trends, urbanization, changing dietary patterns, government policies.
The vegetable farming market size is expected to see strong growth in the next few years. It will grow to $2169.93 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to climate change impact, global trade dynamics, consumer preferences, supply chain resilience, water scarcity concerns. Major trends in the forecast period include technology integration, technological advancements, sustainable practices, indoor farming, consumer preferences for exotic varieties.
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Market Segmentation:
The vegetable farming market covered in this report is segmented -
1) By Type: Growing Vegetable Crops, Producing Vegetable Seeds
2) By Application: Household, Commercial
Major Driver - Surge In Veganism Driving Growth In Vegetable Farming Market
The increasing popularity of veganism is expected to propel the growth of the vegetable farming market going forward. Veganism is a lifestyle and dietary choice that involves avoiding the use of animal products for food or any other purpose, often motivated by ethical, environmental, and health reasons. Vegans typically avoid using animal-based fertilizers and pesticides, which can contain harmful chemicals and contribute to soil and water pollution. Instead, they opt for organic and plant-based alternatives that are more sustainable and environmentally friendly which rise the demand for fresh vegetable products. For Instance, according to Redefine meat Ltd., an Israel-based packaged food products company, In September 2021, an estimated 79 million vegans were global, which is over one percent of the whole population. Also, by 2040, it's projected that only 40& of the world's population will eat meat. The value of the vegan food market is expected to rise to a staggering $31.4 billion by 2026. Therefore, the increasing veganism is driving the demand for the vegetable farming market.
Competitive Landscape:
Major companies operating in the vegetable farming market report are General Mills Inc., Dole Food Company Inc., Fresh Del Monte Produce, Chiquita Brands International Inc. (Chrobinson Worldwide), Giorgio Foods Inc., Wm. Bolthouse Farms Inc., J. G. Boswell Company, Grimmway Farms, Mastronardi Produce, Plenty Unlimited Inc., Golden County Foods Inc., Lake Side Organic Gardens, Tanimura & Antle Fresh Foods Inc., R.D. Offutt Company, Bright Farms Inc., Gills Onions, Freight Farms, Devine Organics, Carlton Farms, Graves Bros Co, Graceland Fruit Inc., Modern AG Products LLC, D'Arrigo Bros. Co, Garden Fresh Farms, Abers Acres, The Beckman & Gast Co, Global Tropical Fresh Fruit, Green Sense Farms Holdings Inc., AutoGrow Systems Ltd., FreshBox Farms
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Top Trend - Innovative Solutions For Sustainable Crop Protection
Major companies in the vegetable farming market are focused on developing innovative solutions utilizing technology, such as insect control technology, for sustainable crop protection and gaining a competitive edge in the market. Insect control technology is a plant protection approach offering effective and long-lasting control against a broad spectrum of harmful pests in agriculture. For instance, in July 2023, Syngenta India, an India-based ag-tech subsidiary, launched the Incipio and Simodis, employing PLINAZOLIN technology, to provide effective plant protection against pests in paddy, cotton, and vegetables. These solutions address challenges from climate change and pest resistance, offering long-lasting control and reducing the need for multiple sprays. Incipio targets stem borers and leaf folders in paddy, while Simodis is effective against sucking and lepidoptera insects in paddy, cotton, and vegetables.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Vegetable Farming Market Characteristics
3. Vegetable Farming Market Trends And Strategies
4. Vegetable Farming Market - Macro Economic Scenario
5. Vegetable Farming Market Size And Growth
…..
27. Vegetable Farming Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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