MarkNtel Advisors who is leading market research company, has recently published a research report, titled Global “Floating Farm Market”. The report is estimated historical data, base year and forecast period and the projections are made for the next five years, i.e., 2023-28. The data, facts, and figures are sourced from reliable platforms, including government portals, white papers, and others.
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Market Study Period
Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028): 14.27%
Global Floating Farm Market Insights:
The Global Floating Farm market is projected to grow at a CAGR of around 14.27% during the forecast period, i.e., 2023-28. The report covers each and every aspect of the market in detail, offering actionable insights to the stakeholders. We extensively cover key trends, opportunities, possible challenges, and major growth drivers for the industry. The report also highlights the role and involvement of governments and other relevant factors that promote market growth.
Global Floating Farm Market Drivers:
Increasing Demand for Sustainable Food Production – The soaring global population is leading to escalating the demand for sustainable food around the globe. According to the World Bank, the population is expected to reach around 9.7 billion by 2050, which positively generates the demand for food. Thus, sustainable food production helps to meet this demand while reducing the environmental impact of agriculture. In addition, the rising effect of agriculture on the environment, including soil degradation, water pollution, and greenhouse gas emissions, has become a primary concern. Sustainable farming practices, such as aquaponics & vertical farming, can help to mitigate these impacts.
Henceforth, the surging demand for sustainable food production across the globe is driving the growth of the floating farms market as farmers seek out new & innovative ways to produce food that is environmentally friendly, healthy, and economically viable. Furthermore, in the coming years, several other countries are expected to adopt these farm practices for the purpose of vegetable & fruit plantations, growing seafood, and many other purposes, which is presumed to have a positive impact on the market during 2023-28.
Explore the Complete Floating Farm Market Analysis Report – https://www.marknteladvisors.com/research-library/floating-farm-market.html
Which segments are covered in the Floating Farm Market Research Report?
- By Farm Type
- Aquaculture Farm
- Agriculture Farm
- By Product Type
- Fruits & Vegetables
- Fish
- Others (Grains, etc.)
- By Equipment Type
- Cages
- Harvesting Equipment
- Monitoring System
- Tanks
- Others (Control System, Tarpaulins, etc.)
- By Technology
- Hydroponics
- Aquaponics
- Vertical Farming
- By Region
- Americas
- Europe
- The Middle East & Africa
- Asia-Pacific
Top 10 Key Brands/Players in the Floating Farm Market
Our analysts have closely analyzed leading players within the industry, providing stakeholders with valuable insights into the competitive landscape. This enables them to formulate strategic tactics based on the comprehensive data compiled in the report. The information encompasses recent developments, mergers and acquisitions, product/service launches, expansion plans, and revenue-generating opportunities. Notable entities featured in the report include:
- AgriSea
- Singapore Aquaculture Technologies
- Lingalaks AS
- SalMar ASA
- Saudi Basic Industries Corporation
- N-ARK Co. Ltd.
- Ocean Arks Tech
- AI Qamra holding
- Bangladesh Agricultural Research Institute (BARI)
- Others
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/floating-farm-market.html
Frequently Asked Questions
- Which companies dominate the Floating Farm Market in terms of market share?
- What is the projected market size of Floating Farm Market in 2028?
- What key factor is anticipated to propel the Floating Farm Market by 2028?
- How big is the Floating Farm Market?
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