Controlled Environment Agriculture Market Set to Reach $175.59 Billion by 2029 with 14.2% Yearly Growth

What Is the Estimated Market Size and Growth Rate for the Controlled Environment Agriculture Market?
The market size for controlled environment agriculture has seen significant expansion in the past few years. In fact, it's expected to escalate from $90.25 billion in 2024 to a substantial $103.33 billion in 2025, reflecting a compound annual growth rate (CAGR) of 14.5%. This growth trajectory during the historical period can be linked to the rising craze for vertical farming, expanding count of urban agriculture ventures, growing consumer demand for premium crops, heightened realization of food security, and the upward trend of consumer inclination towards organic food that is free from pesticides.

The market size of controlled environment agriculture is anticipated to experience a swift expansion in the forthcoming years, with projections to reach a value of $175.59 billion by 2029 at a compound annual growth rate (CAGR) of 14.2%. This projected rise during the forecast period is linked to a number of factors such as increasing populations, escalating urbanization, enhanced food production, growing demand for food, and the rising need for fresh and locally cultivated produce. The forecast period will also see major progress in various fields such as the technology of controlled environment agriculture, superior packaging techniques, advancements in vertical farming, climate regulating systems, and technologies that save energy.

What Are the Forces Behind the Rapid Growth of the Controlled Environment Agriculture Market?
The surging interest in organic food is anticipated to boost the expansion of the controlled environment agriculture sector. Produced without the use of synthetic pesticides, fertilizers, or artificial additives, organic food prioritizes natural processes and sustainability. The burgeoning popularity of organic foods can be attributed to increasing consumer cognizance concerning health benefits, environmental sustainability, and a preference for products free of chemicals. Organic foods utilize controlled environment agriculture, which offers an environment where synthetic pesticides and fertilizers are unnecessary, facilitating year-round organic crop growth under ideal conditions with specific control over light, temperature, and nutrients. For example, in May 2023, the Organic Trade Association, a US entity working for the protection of organic trade, reported that organic food sales in the US exceeded $60 billion for the first time in 2022. When including non-food items, overall organic sales reached a record-breaking $67.6 billion. Furthermore, in February 2023, The Organic Research Centre, a not-for-profit organization in the UK, noted that sales from organic food and beverage production in the UK increased from £3.05 billion ($3.88 billion) in 2021 to £3.11 billion ($3.95 billion) in 2022. As such, the upward trend in organic food demand is facilitating the growth of the controlled environment agriculture sector.

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Who Are the Dominant Companies Influencing Controlled Environment Agriculture Market Trends?
Major companies operating in the controlled environment agriculture market are Siemens AG, Bowery Farming Inc., Priva Holding BV, Infarm, Gotham Greens Holdings LLC, BrightFarms Inc., AgriCool SAS, Terra Firma Capital Partners Limited, Lufa Farms Inc., Freight Farms Inc., AeroFarms LLC, Certhon, Vertical Harvest Farms, Green Sense Farms Holdings Inc., Sky Greens Pte Ltd., Urban Crop Solutions NV, Agrilution GmbH, Agritecture Consulting LLC, GreenTech Agro LLC, Kalera Inc., CubicFarm Systems Corp., Heliospectra AB, Hort Americas LLC, Mirai Co. Ltd.

How Is the Controlled Environment Agriculture Market Evolving?
In the controlled environment agriculture market, major corporations strive for innovation, particularly in the development of technologies like vertical hydroponic farms, to bolster efficiency and ecological sustainability in farming procedures. Vertical hydroponic farms represent an indoor farming technology where plants are cultivated in vertically piled layers or towers, using hydroponic farming techniques. For instance, in September 2022, FarmBox Foods LLC, a company in the US producing container farming solutions, introduced the Hydroponic Fodder Farm. This vertical hydroponic system is specially designed to grow livestock feed in an efficient manner using state-of-the-art hydroponic technology, delivering a nutrient-dense water solution directly to the plant roots ensuring rapid and uniform growth. The system includes monitoring and automation technologies to ensure the high-quality feed production and enhance the growing environment.

What Are the Different Segmentations in the Controlled Environment Agriculture Market?
The controlled environment agriculturemarket covered in this report is segmented -

1) By Components: Lighting, Climate Control, Nutrients, Other Components
2) By Growing Method: Hydroponics, Aeroponics, Aquaponics, Other Growing Methods
3) By Crop Types: Tomato, Leafy Greens, Strawberries, Cucumber, Pepper, cannabis*, Other Crop Types

Subsegments:
1) By Lighting: LED Grow Lights, High-Pressure Sodium (HPS) Lights, Metal Halide (MH) Lights, Fluorescent Grow Lights, Light Emitting Diodes (LED) For Spectral Control
2) By Climate Control: Temperature Control Systems, Humidity Control Systems, Air Circulation And Ventilation Systems, CO2 Enrichment Systems, Dehumidifiers And Humidifiers, Air Filtration And Purification Systems
3) By Nutrients: Organic Nutrient Solutions, Synthetic Nutrient Solutions, Hydroponic Nutrient Solutions, Fertilizers For Controlled Environments
4) By Other Components: Irrigation Systems, Automation And Monitoring Systems, Sensors For Environmental Monitoring, Grow Mediums, Pumps And Water Treatment Systems

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Which Region Is at the Forefront of the Controlled Environment Agriculture Market?
Europe was the largest region in the controlled environment agriculture market in 2024. The regions covered in the controlled environment agriculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Controlled Environment Agriculture Global Market Report?

- Market Size Analysis: Analyze the Controlled Environment Agriculture Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Controlled Environment Agriculture Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Controlled Environment Agriculture Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Controlled Environment Agriculture Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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