Vegetable Farming Market Analysis 2024-2033 : Forecast Market Size, Top Segments And Largest Region | General Mills Inc., Dole Food Company Inc., Fresh Del Monte Produce, Chiquita Brands International Inc.

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Vegetable Farming Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2169.93 billion In 2028 At A CAGR Of 5.4% :

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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Vegetable Farming Market Major Segments
The vegetable farming market covered in this report is segmented -

1) By Type: Growing Vegetable Crops, Producing Vegetable Seeds
2) By Application: Household, Commercial

Key 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.

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Prominent Trend - Cutting-Edge Technology Reshaping Vegetable Farming

Technological advancements are a key trend gaining popularity in the vegetable farming market. Major market players are concentrating their efforts on creating innovative technologies for vegetable farming to eradicate manpower shortages and for time-saving. For example, in October 2021, Rijk Zwaan, a Netherlands-based vegetable breeding company, launched Artificial intelligence to accelerate the breeding process to provide growers faster access to new vegetable varieties. With this launch company has an annual turnover of €498 million ($0.5 billion) in its 2020/2021 financial year, equating to 4% growth compared with the previous year.

Vegetable Farming Market Players
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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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the vegetable farming market in 2023. The regions covered in the vegetable farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Vegetable Farming Market Report Structure
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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