Press release
Space Agriculture Market Set to Soar as Next Frontier in Sustainable Food Production Takes Off 2025 | Top key players - NASA, AeroFarms, Sierra Space Corporation.
The Global Space Agriculture Market reached US$ 5.02 billion in 2024 and is expected to reach US$ 13.4 billion by 2032, growing with a CAGR of 13.09% during the forecast period 2025-2032.The Space Agriculture Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.
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The Space Agriculture Market involves the development and commercialization of technologies and systems for growing crops and sustaining food production in space environments. It includes innovations in hydroponics, aeroponics, and controlled-environment agriculture, supporting long-duration space missions, lunar bases, and Mars colonization. This market addresses food security, resource efficiency, and life support for space exploration and off-Earth habitation.
Major players in the Space Agriculture Market
The prominent players in Space Agriculture market research report are: NASA, AeroFarms, Sierra Space Corporation, Space Tango, China Aerospace Science and Technology Corporation, Green Sense Farms, Eden Grow Systems, Orbital Farm, LettUs Grow and Urban Crop Solutions.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
In June 2023, the U.S. Department of Agriculture (USDA) and NASA formalized their partnership through a memorandum of understanding, reinforcing their shared commitment to advancing agricultural and Earth science research. The agreement focuses on enhancing technological development, sustainable agricultural practices, and leveraging scientific data and modeling to support more informed agricultural decision-making.
In January 2023, the European Space Agency (ESA), the German Aerospace Center (DLR), and the Federal Office for Agriculture and Food (BLE) hosted a joint event aimed at fostering collaboration between the space and agri-food sectors. The initiative sought to identify shared challenges and develop a unified roadmap for future cooperative efforts.
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Market Segments
By Type: Plant, Seed.
By Technology: Hydroponics, Aeroponics, Aquaponics, Controlled-Environment Agriculture.
By Application: Scientific Research, Agriculture, Pharmaceuticals, Others.
The Space Agriculture industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Space Agriculture Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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