Trends Driving the Global Controlled Environment Agriculture Market Expansion
According to a research report published by Spherical Insights & Consulting, the Global Controlled Environment Agriculture Market Size Expected to Grow from USD 98.72 Billion in 2023 to USD 423.24 Billion by 2033, at a CAGR of 15.67% during the forecast period 2023-2033.
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A controlled environment (CEA) is a technology-based approach to indoor or enclosed plant cultivation that maximizes crop health, yield, and quality. CEA systems can be completely automated and range from straightforward shade structures to greenhouses and vertical farms. CEA may be able to create high-value, visually appealing, and edible plants in a healthy and year-round way by controlling the root zone growing media, light, temperature, and carbon dioxide absorber. Furthermore, these methods are used to cultivate a wide range of crops, such as fish, eggplant, insects, carrots, shrimp, tomatoes, leafy greens, cannabis, microgreens, flowers, strawberries, cucumbers, peppers, herbs, mushrooms, onions, leeks, hops, figs, sweet corn, and more. As a result, both small and large indoor farms have emerged, and the global industry for controlled environment agriculture has grown rapidly. However, agriculture’s-controlled atmosphere, high energy use, and intense production methods result in significant operating costs.
Browse key industry insights spread across 345 pages with 100 Market data tables and figures & charts from the report on the Global Controlled Environment Agriculture Market Size, Share, and COVID-19 Impact Analysis, By Crop Type (Pepper, Tomato, Strawberries, Leafy Greens, Cucumber, Cannabis, and Others), By Method (Aeroponics, Aquaponics, and Hydroponics), By Offering (Heating Systems, Lighting Systems, Growing Media, Nutrients, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
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The tomato segment is anticipated to hold the largest market revenue share through the projected period.
Based on the crop type, the global controlled environment agriculture market is segmented into pepper, tomato, strawberries, leafy greens, cucumber, cannabis, and others. Among these, the tomato segment is anticipated to hold the largest market revenue share through the projected period.
The capital costs of agriculture in controlled conditions are increased as a result of artificial heating and cooling. As a result, appropriate crops with high economic value like tomatoes are needed. When cultivated hydroponically, tomatoes grow faster, are less susceptible to plant diseases, and yield more food overall.
The hydroponics segment is expected to hold the largest market share through the forecast period.
Based on the method, the global controlled environment agriculture market is segmented into aeroponics, aquaponics, and hydroponics. Among these, the hydroponics segment is anticipated to hold the largest market share through the forecast period. Hydroponics and soilless agriculture can be successfully combined with a controlled environment agricultural system (CEA). The successful implementation of CEA has been made feasible by technological and smart farming improvements.
The lighting systems segment dominates the market with the biggest market share through the forecast period.
Based on the offering, the global controlled environment agriculture market is divided into heating systems, lighting systems, growing media, nutrients, and others. Among these, the lighting systems segment dominates the market with the biggest market share through the forecast period. Artificial lighting can be used exclusively, in conjunction with natural sunlight, or both in hydroponic systems. The plants need 12 to 16 hours of sunlight every day. Artificial light can be used in greenhouses to fully illuminate interior systems or as a supplement to natural light.
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North America is estimated to hold the largest share of the global controlled environment agriculture market over the predicted timeframe
North America is expected to hold the largest share of the global controlled environment agriculture market over the predicted timeframe. Both governmental and commercial investments in controlled environment agriculture (CEA) and alternative food production techniques have increased dramatically in recent years. Crop production systems that are housed in greenhouses or other structures and incorporate horticultural and engineering techniques beyond conventional soil-based outdoor production are referred to as CEA.
Asia Pacific is estimated to grow at the fastest CAGR growth of the controlled environment agriculture market during the forecast period. The rapid pace of modernization is putting many fertile lands in jeopardy. Agriculture in controlled environments holds the answer to resolving all of these problems in Asia Pacific. Maintaining agricultural practices through controlled environment agriculture is a novel strategy.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the controlled environment agriculture market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Controlled Environment Agriculture Market are Aero Farms, Jingpeng, Infinite Harvest, Mirai, Lufa Farms, Green Sense Farms, Metro Farms, Plenty (Bright Farms), Greenland, Scafil, Sky Greens, Idea Protected Horticulture, Metropolis Farms, Gotham Greens, Garden Fresh Farms, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In March 2024, the Atlanta-based Cox Enterprises just launched Cox Farms, a sustainable food and agriculture business. Harvesting 360 million pounds of fruit annually, Cox Farms is one of the largest greenhouse operators in North America. BrightFarms and Mucci Farms are joining its portfolio.
- In March 2024, with great pleasure, Meister Media Worldwide introduces CEAg World, a state-of-the-art global multi-media company that is “Advancing Food Under CoverTM.” All of the emerging market niches for crops grown under controlled settings, including vertical farms, hoop houses, high tunnels, greenhouses, and enterprises that use netting or shade, will be represented and brought together by this international trademark.
- In October 2023, the USDA recently unveiled a new crop insurance program designed for farmers who work in regulated environments. Only plants grown in fully enclosed controlled environments are eligible for the recently established USDA Risk Management Agency (RMA) Controlled Environment program. It provides defense against plant diseases that can be destroyed by a demolition command.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global controlled environment agriculture market based on the below-mentioned segments:
Global Controlled Environment Agriculture Market, By Crop Type
- Pepper
- Tomato
- Strawberries
- Leafy Greens
- Cucumber
- Cannabis
- Others
Global Controlled Environment Agriculture Market, By Method
- Aeroponics
- Aquaponics
- Hydroponics
Global Controlled Environment Agriculture Market, By Offering
- Heating Systems
- Lighting Systems
- Growing Media
- Nutrients
- Others
Global Controlled Environment Agriculture Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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