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A Deep Dive into Vegetable Farming Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
What industry-specific factors are fueling the growth of the vegetable farming market?The growing trend of veganism is anticipated to boost the expansion of the vegetable farming market. This dietary and lifestyle choice, which advocates for the refusal of animal-based products for food or other uses, is typically motivated by ethical, environmental, and health considerations. Vegans usually refuse to use fertilizers and pesticides derived from animals, which may contain hazardous compounds and lead to soil and water contamination. Instead, they choose organic and plant-based substitutes that are more sustainable and kinder to the environment, consequently increasing the demand for fresh vegetable produce. For instance, as per the Vegan Society, a UK-based charity, Germany led the research on veganism in 2023 according to Google Trends, with Austria and the UK coming in at close following ranks. Moreover, in 2022, the global retail sales of plant-based meat products hit $6.1 billion as reported by the Good Food Institute. Hence, the rising vegan culture is contributing to an upswing in demand in the vegetable farming market.
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What Is the projected market size and growth rate for the vegetable farming market?
There has been a significant increase in the size of the vegetable farming market in the past few years. The market, which is valued at $1714.07 billion in 2024, is expected to inflate to $1823.01 billion by 2025, with a compound annual growth rate (CAGR) of 6.4%. The accelerated growth during the historic period is primarily due to factors such as population expansion, health and wellness fads, urbanization, evolving dietary habits, and government policies.
Rapid expansion is foreseen for the vegetable farming industry in the coming years, with an anticipated market valuation of $2260.32 billion in 2029, underpinned by a 5.5% compound annual growth rate (CAGR). The enhanced drive during this forecast period could be linked to factors like the impact of climate change, world trade flows, customer inclinations, robustness of the supply chain, and worries over water shortage. Key trends paving the way during this period include the fusion of technology, technological progress, sustainable methods, indoor agriculture, and consumer liking for exotic variants.
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What new trends are reshaping the vegetable farming market and its opportunities?
Key companies in the vegetable farming market are taking initiative to introduce technological innovations like vegetable farming apps aimed at boosting productivity, enhancing crop management, delivering instant data, fostering market accessibility, and advocating for sustainable farming methods. These Vegetable Farming apps equip the farmers with necessary tools and crucial information that further helps them in making educated decisions for the betterment of their farming strategies. A case in point, in August 2024, East-West Seed Foundation, a foundation based in Southeast Asia, inaugurated a Vegetable farming app. The main focus of this app is to uplift the living standards of smallholder farmers by granting access to superior seeds and progressive agricultural techniques. Essentially, a vegetable farming app is either a mobile or a web-based application that aids farmers in crop management, delivers information about resources, provides weather updates, ensure market connectivity, enable data monitoring, and offers community assistance for improving productivity and promoting sustainability in vegetable farming.
What major market segments define the scope and growth of the vegetable farming market?
The vegetable farming market covered in this report is segmented -
1) By Type: Growing Vegetable Crops, Producing Vegetable Seeds
2) By Application: Household, Commercial
Subsegments:
1) By Growing Vegetable Crops: Leafy Greens, Root Vegetables, Fruit Vegetables, Legumes, Brassicas
2) By Producing Vegetable Seeds: Hybrid Seeds, Open-Pollinated Seeds, Organic Seeds, Conventional Seeds, Specialty Seeds
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Which region dominates the vegetable farming market?
Asia-Pacific was the largest region in the vegetable farming market in 2024. The regions covered in the vegetable farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the vegetable farming industry growth?
Major companies operating in the vegetable farming market include General Mills Inc., Dole Food Company Inc., Fresh Del Monte Produce, 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, Modern AG Products LLC, D'Arrigo Bros. Co, Garden Fresh Farms, Abers Acres, The Beckman & Gast Co, Green Sense Farms Holdings Inc., AutoGrow Systems Ltd., FreshBox Farms.
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What Is Covered In The Vegetable Farming Global Market Report?
•Market Size Forecast: Examine the vegetable farming market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the vegetable farming market for a structured understanding.
•Key Players Overview: Analyze major players in the vegetable farming market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the vegetable farming market.
•Segment Contributions: Evaluate how different segments drive overall growth in the vegetable farming market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the vegetable farming market.
•Industry Challenges: Identify potential risks and obstacles affecting the vegetable farming market.
•Competitive Landscape: Review strategic developments in the vegetable farming market, including expansions, agreements, and new product launches.
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