Global Controlled Environment Agriculture

Global Controlled Environment Agriculture Market Research Report: Forecast (2022-27)

By Growing Method (Hydroponics, Aeroponics, Aquaponics), By Crop Type (Vegetables, Fruits), By Component (Lighting, Sensors, Nutrients), By Region (North America, South America, Europe, Middle East & Read more

  • Environment
  • Apr 2022
  • 217
  • ET55022

Market Definition

Controlled Environment Agriculture (CEA) is an approach to creating a fully controlled environment for growing plants within a closed ecosystem. In a CEA facility, water, temperature, light, CO2, & anything plants require during their different growth phases are given artificially.

Eliminating the possibilities of pests, enhancing yield & sustainability, and reducing the overall operational costs are the prime reasons behind the mounting popularity of CEA worldwide, and entwined with existing farming methods, it holds immense potential to revolutionize the agricultural sector.

Market Insights

The Global Controlled Environment Agriculture Market is anticipated to grow at a CAGR of around 25.71% during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven primarily by the rising food requirements and gradually reducing arable land worldwide, i.e., leading to the growing need for a controlled environment for agriculture. Various technological advancements & their adoption in the agricultural sector have led to emergence of more innovative farming solutions & equipment to attain healthy crops & higher output. 

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 25.71%
Regions Covered North America: The US, Canada, Mexico
South America: Brazil, Argentina, Rest of South America
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China. Japan. India. South Korea. Rest of Asia Pacific
Middle East & Africa: Israel, Turkey, South Africa, Rest of Middle East & Africa
Key Companies Profiled Aerofarms AGX Ltd., American Hydroponics (Amhydro), Bowery Farming, BrightFarms, CropOne, Everlight Electronics Co. Ltd., Freight Farms, Inc., Fresh Box Sp. z o.o., Green Sense Environment Solution LLC., Grow Pod Solutions, LLC, Illumitex Inc., Innovation Agri-Tech Group, Nelson & Pade, Inc., Plenty Unlimited Inc., Signify, Others
Unit Denominations USD Million/Billion

 

The reducing arable & fertile land globally due to rapid urbanization and soil erosion is the most prominent issue in the agricultural sector. As a result, it has become highly challenging for farmers to sustain sufficient yields. With this, CEA methods have emerged globally, which can help them produce abundant food year-round, more efficiently, and with only a few resources.

CEA promises a more sustainable & profitable future of the agricultural sector by minimizing water consumption and the need for pesticides, land usage, & transportation. Hence, the mounting awareness about the significance & benefits of growing plants in a controlled environment, as issues like less available arable land & unfavorable climate are well-addressed, is boosting the Global Controlled Environment Agriculture Market.

Impact of Covid-19 on the Global Controlled Environment Agriculture Market

The onset of Covid-19 in 2020 led to an economic slowdown and severely impacted various sectors worldwide, including the agriculture sector. It was mainly due to disruptions in logistics services & supply chain, unavailability of raw materials, food supply shortage, & banned imports & exports, owing to nationwide lockdowns & movement restrictions.

The pandemic underscored the significance of locally & organically-grown food and modern agricultural practices like indoor farming. As a result, the accelerated requirements for healthy & year-round available food provided a notable boost to the Global Controlled Environment Agriculture Market amidst the crisis.

Many countries took several initiatives in deploying rooftop farms to improve food security & enhance agricultural output and meet the burgeoning consumer requirements worldwide, which, in turn, promoted the overall growth of the global market amidst the crisis.

Furthermore, massive investments by AgriTech start-ups in developing sustainable & innovative farming methods to reduce waste, boost yield, & eliminate the risks of diseases are projecting remunerative growth prospects for the Global Controlled Environment Agriculture Market in the coming years.

  1. Introduction
    1. Research Process
    2. Assumption
    3. Market Segmentation
    4. Market Definition
  2. Executive Summary
  3. Impact of Covid-19 on Global Controlled Environment Agriculture Market
  4. Global Controlled Environment Agriculture Market Trends & Insights
  5. Global Controlled Environment Agriculture Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  6. Global Controlled Environment Agriculture Market Policies & Regulations,
  7. Global Controlled Environment Agriculture Market Hotspot & Opportunities
  8. Global Controlled Environment Agriculture Market Outlook, 2017- 2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Growing Method
        1. Hydroponics
        2. Aeroponics
        3. Aquaponics
      2. By Crop Type
        1. Vegetables
        2. Fruits
      3. By Component
        1. Lighting
        2. Sensors
        3. Nutrients
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
  9. North America Controlled Environment Agriculture Market Outlook, 2017- 2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Growing Method
      2. By Crop Type
      3. By Component
      4. By Country
        1. The US
        2. Canada
        3. Mexico
  10. South America Controlled Environment Agriculture Market Outlook, 2017- 2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Growing Method
      2. By Crop Type
      3. By Component
      4. By Country
        1. Brazil
        2. Rest of South America
  11. Europe Controlled Environment Agriculture Market Outlook, 2017- 2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Growing Method
      2. By Crop Type
      3. By Component
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. The Netherlands
        7. Rest of Europe
  12. Middle East & Africa Controlled Environment Agriculture Market Outlook, 2017- 2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Growing Method
      2. By Crop Type
      3. By Component
      4. By Country
        1. UAE
        2. Israel
        3. Saudi Arabia
        4. South Africa
        5. Rest of Middle East & Africa
  13. Asia-Pacific Controlled Environment Agriculture Market Outlook, 2017- 2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Growing Method
      2. By Crop Type
      3. By Component
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Rest of Asia-Pacific
  14. Global Controlled Environment Agriculture Market Strategic Imperatives for Success & Growth
  15. Competitive Outlook
    1. Competition Matrix
      1. Application Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target Applications
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Application Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Aerofarms AGX Ltd.
      2. American Hydroponics (Amhydro)
      3. Bowery Farming
      4. BrightFarms
      5. CropOne
      6. Everlight Electronics Co. Ltd.
      7. Freight Farms, Inc.
      8. Fresh Box Sp. z o.o.
      9. Green Sense Environment Solution LLC.
      10. Grow Pod Solutions, LLC
      11. Illumitex Inc.
      12. Innovation Agri-Tech Group
      13. Nelson & Pade, Inc.
      14. Plenty Unlimited Inc.
      15. Signify
      16. Others
  16. Disclaimer
Controlled Environment Agriculture Market segmentation
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