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Global Controlled Environment Agriculture Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Controlled Environment Agriculture Market value is expected to reach $162.53 billion growing at a CAGR of 11.8% during 2022-2028.Controlled Environment Agriculture is a modern technique of crop production that takes place in controlled environments such as greenhouses, vertical farms, and growth chambers, it aids in the reduction of crop risk from external pests, pollution, and harsh weather conditions. Furthermore, several crop production technologies, such as hydroponics, aeroponics, and aquaponics, are utilized in this methodology. These modern farming practices are great at reducing water waste and making the best use of nutrients.
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Asia Pacific is projected to have the highest CAGR over the forecast period due to the rising demand for fresh produce, limited agricultural land, and increasing investment in sustainable farming practices. China, Japan, and Australia are key markets in the region. The Asia-Pacific region is home to a large and rapidly growing population. As urbanization increases and arable land decreases, ensuring food security becomes a significant concern. CEA offers a solution by enabling year-round production in controlled environments, reducing dependency on weather conditions and traditional farming methods.
Some of the key players in Controlled Environment Agriculture Market includes AeroFarms, Alegria Fresh, Beijing IEDA Protected Horticulture, Everlight Electronics Co. Ltd., FarmedHere, Garden Fresh Farms, Gotham Greens, Green Sense Farms, Green Spirit Farms, Greenland, Grow Pod Solutions, IDEA Protected Horticulture, Indoor Harvest, Infinite Harvest, Jingpeng, Lufa Farms, Metropolis Farms, Mirai, Nelson and Pade, Inc., Nongzhong Wulian, Pentair Aquatic Eco-Systems, Inc., Plantagon, Sanan Sino Science, Scafil, Sky Greens, Sky Vegetables, Sundrop Farms, TruLeaf, Urban Crops and Vertical Harvest.
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