Global Controlled Environment Agriculture Market Insights and Forecast by 2028: Showcasing a CAGR of 25.71%

How big is the Global Controlled Environment Agriculture market?

According to MarkNtel Advisors study, the Global Controlled Environment Agriculture Market is projected to grow at around 25.71% CAGR during the forecast period, i.e., 2023-28.

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Key Driver: Rising Demand for Chemical-Free, High-Quality, & Sustainably-Produced Food

As more & more consumers are becoming increasingly aware of the potential health risks associated with chemicals & other contaminants in food, there are growing concerns over the quality, safety, & sustainability of the food they consume, i.e., leading to a large number of people adopting food products free from harmful residues, grown using sustainable practices, and available year-round. CEA provides a controlled environment where crops can be grown without using pesticides, herbicides, or fungicides, which results in safer & higher-quality produce that meets stringent food safety regulations.

Moreover, it is a more sustainable alternative to conventional farming practices as it minimizes the need for large amounts of water, reduces soil erosion, and optimizes resource utilization. With the use of vertical farming techniques, CEA maximizes land efficiency & minimizes land degradation while reducing the carbon footprint associated with traditional agriculture practices. Hence, these aspects are augmenting the popularity of CEA worldwide and spurring growth in the Global Controlled Environment Agriculture Market.

Leading Companies in the Global Controlled Environment Agriculture market:

American Hydroponics(AMHYDRO)
Ponics Technologies
Vertical Future
Nelson & Pade Inc.
Innovation Agritech Group
The Aquaponic Source
Go Green Aquaponics
V-plus Agritech Pte Ltd
Ponic Greens
Rise Hydroponics
Everlight Electronics Co., Ltd
Freight Farms
ams-OSRAM AG
Heliospectra
Others

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Global Controlled Environment Agriculture Market Segmentation:

By Growing Method

Hydroponics
Aeroponics
Aquaponics

By capturing the substantial share, Hydroponics is projected to continue dominating the Global Controlled Environment Agriculture Market during 2023-28,

By Crop Type

Vegetables
Fruits

By Component

Lighting
Sensors
Nutrients

Regional/ Countries Insight:

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Of all regions globally, Europe is projected to be the major contributor to the growth of the Controlled Environment Agriculture Market through 2028.

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