Agritecture Market - Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By Integration (Indoor v/s Outdoor), By Structure (Retrofitting, Extension, New Building), By Application (Commercial v/s Residential), By Region 2018-2028

  • Industry : Agriculture
  • |
  • Pages : 110
  • |
  • Published Date : February, 2023
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Summary

Report Description

Global Agritecture Market is anticipated to grow at CAGR of 10% to reach USD 7723 million by 2028 on account of increasing the yield of crop without any increment in the land area.  Also, the subsistence crop production all year round regardless of the weather conditions is further creating a positive impact on the global agritecture market. Agritecture can be referred to as a fusion of agriculture with architecture. It can be employed within a building using vertical farming to intensify plant growth and green density.

Lack of Arable Land to Drive Agritecture Market

One of the most essential factors contributing to the expansion of the global agritecture market is the loss of fertile land. This can be ascribed to the development of domestic areas, rise in number of metropolitan cities, commercial places, amongst others making the cultivation of crops troublesome. The shrinkage of land can also be attributed to climate extremities, slope steepness, rockiness of land, soilerosion, etc. Moreover, the growing use of agrochemicals, increased deforestation and overgrazing activities, and a rise in number of floods have led to land degradation and formation of barren lands which are not suitable for cultivation. The increasing construction and mining projects also have had a negative impact on the quality of land and soil as well as the ground water table. These factors are contributing to the increased adoption of agritecture practices across the globe.

Growing use of Advanced Technologies

Different developments are made to promote plant growth and a good environment for the crops, so that when traditional farming is impractical inside or outside of corporate infrastructure, technological developments can help. One of the cutting-edge technologies used in the AgroTech structure, which lowers the cost of activities like vertical farming while also making it an effective kind of agricultural architecture, is light emitting diode technology. Plant growth inside the infrastructure is aided by artificial illumination used in indoor agriculture.

The goal of automation in agritecture is to speed up time to market, cut expenses associated with production, distribution, and the environment, and standardize high quality. Internet of Things (IoT) is now a widely used technology that supports plenty of sectors, including manufacturing, transportation, and agriculture. The agriculture industry has undergone a revolution with the help of IoT.

Growing Concerns about Aesthetic Looks & Increasing Awareness about Agritecture

The vertical farms also function in an aesthetic sense, producing a design element that not only adds depth to a room but also forms a substantial but not overpowering partition in the space. This is a choice that requires meticulous upkeep, but crop cultivation and harvesting must also be taken into account to achieve practical result.

The swift acceptance of agritecture can be owed to its benefit of offering aesthetic looks and greener environment for the infrastructure. Several airports, railway and metro stations are opting to install a vertical farm inside or outside their premises to grow plants which is actively driving the growth of global agritecture market. The best-known example for this is the Jewel Changi Airport Garden in Singapore which grows plants on gross floor area of 135,700 square meters.  


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Market Segmentation

The global agritecture market is segmented on the basis of integration, structure, application, and regional distribution. Based on integration, the market is differentiated into indoor and outdoor. On the basis of structure, the market is bifurcated into retrofitting, extension, and new building. Based on application, the market is further fragmented into commercial and residential. The market analysis also studies the regional segmentation to devise regional market segmentation, divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Company Profiles

Agritecture Consulting LLC, AeroFarms LLC, Obyashi Corporation, Freight Farms, Inc., Grow Pod Solutions, LettUs Grow Ltd., FarmBox Foods, are amongst the major market players in the global agritecture market.

Attribute

Details

Base Year

2022

Historical Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

       Integration

       Structure

       Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Canada, Mexico, France, United Kingdom, Netherlands, Sweden, Germany, Italy, Spain, China, Japan, Singapore, South Korea, Australia, India, Brazil, Argentina, Colombia, UAE, Saudi Arabia, South Africa

Key companies profiled

Agritecture Consulting LLC, AeroFarms LLC, Obyashi Corporation, Freight Farms, Inc., Grow Pod Solutions, LettUs Grow Ltd., FarmBox Foods

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global agritecture market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Agritecture Market, By Integration:
    • Indoor
    • Outdoor
  • Agritecture Market, By Structure:
    • Retrofitting
    • Extension
    • New Building
  • Agritecture Market, By Application:
    • Commercial
    • Residential
  • Agritecture Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • France
      • United Kingdom
      • Netherlands
      • Sweden
      • Germany
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • Singapore
      • South Korea
      • Australia
      • India
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • UAE
      • Saudi Arabia
      • South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global agritecture market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Agritecture Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Agritecture Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Product/Service Awareness

5.2.  Factors Contributing to Switch Over to Agritecture

5.3.  Barriers to Adoption of Agritecture

6.    Global Agritecture Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Integration (Indoor v/s Outdoor)

6.2.2.     By Structure (Retrofitting, Extension, New Building)

6.2.3.     By Application (Commercial v/s Residential)

6.2.4.     By Region

6.2.5.     By Company (2022)

6.3.  Product Market Map

6.3.1.     By Integration

6.3.2.     By Structure

6.3.3.     By Application

6.3.4.     By Region

7.    North America Agritecture Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Integration

7.2.2.     By Structure

7.2.3.     By Application

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Agritecture Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Integration

7.3.1.2.2.             By Structure

7.3.1.2.3.             By Application

7.3.2.     Canada Agritecture Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Integration

7.3.2.2.2.             By Structure

7.3.2.2.3.             By Application

7.3.3.     Mexico Agritecture Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Integration

7.3.3.2.2.             By Structure

7.3.3.2.3.             By Application

8.    Europe Agritecture Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Integration

8.2.2.     By Structure

8.2.3.     By Application

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Agritecture Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Integration

8.3.1.2.2.             By Structure

8.3.1.2.3.             By Application

8.3.2.     United Kingdom Agritecture Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Integration

8.3.2.2.2.             By Structure

8.3.2.2.3.             By Application

8.3.3.     Netherlands Agritecture Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Integration

8.3.3.2.2.             By Structure

8.3.3.2.3.             By Application

8.3.4.     Sweden Agritecture Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Integration

8.3.4.2.2.             By Structure

8.3.4.2.3.             By Application

8.3.5.     Germany Agritecture Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Integration

8.3.5.2.2.             By Structure

8.3.5.2.3.             By Application

8.3.6.     Italy Agritecture Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Integration

8.3.6.2.2.             By Structure

8.3.6.2.3.             By Application

8.3.7.     Spain Agritecture Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Integration

8.3.7.2.2.             By Structure

8.3.7.2.3.             By Application

9.    Asia-Pacific Agritecture Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Integration

9.2.2.     By Structure

9.2.3.     By Application

9.2.4.     By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.     China Agritecture Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Integration

9.3.1.2.2.             By Structure

9.3.1.2.3.             By Application

9.3.2.     Japan Agritecture Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Integration

9.3.2.2.2.             By Structure

9.3.2.2.3.             By Application

9.3.3.     Singapore Agritecture Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Integration

9.3.3.2.2.             By Structure

9.3.3.2.3.             By Application

9.3.4.     South Korea Agritecture Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Integration

9.3.4.2.2.             By Structure

9.3.4.2.3.             By Application

9.3.5.     Australia Agritecture Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Integration

9.3.5.2.2.             By Structure

9.3.5.2.3.             By Application

9.3.6.     India Agritecture Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Integration

9.3.6.2.2.             By Structure

9.3.6.2.3.             By Application

10.  South America Agritecture Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Integration

10.2.2.  By Structure

10.2.3.  By Application

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Agritecture Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Integration

10.3.1.2.2.           By Structure

10.3.1.2.3.           By Application

10.3.2.  Argentina Agritecture Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Integration

10.3.2.2.2.           By Structure

10.3.2.2.3.           By Application

10.3.3.  Colombia Agritecture Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Integration

10.3.3.2.2.           By Structure

10.3.3.2.3.           By Application

11.  Middle East and Africa Agritecture Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Integration

11.2.2.  By Structure

11.2.3.  By Application

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  UAE Agritecture Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Integration

11.3.1.2.2.           By Structure

11.3.1.2.3.           By Application

11.3.2.  Saudi Arabia Agritecture Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Integration

11.3.2.2.2.           By Structure

11.3.2.2.3.           By Application

11.3.3.  South Africa Agritecture Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Integration

11.3.3.2.2.           By Structure

11.3.3.2.3.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles

14.2.1.  Agritecture Consulting LLC

14.2.2.  AeroFarms LLC

14.2.3.  Obyashi Corporation

14.2.4.  Freight Farms, Inc.

14.2.5.  Grow Pod Solutions

14.2.6.  LettUs Grow Ltd.

14.2.7.  FarmBox Foods

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Figure 1: Global Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 2: Global Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 3: Global Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 4: Global Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 5: Global Agritecture Market Share, By Region, By Value, 2018-2028F

Figure 6: Global Agritecture Market Map, By Integration, Market Size (USD Million) &     Growth Rate (%), 2022

Figure 7: Global Agritecture Market Map, By Structure, Market Size (USD Million) & Growth Rate (%), 2022

Figure 8: Global Agritecture Market Map, By Application, Market Size (USD Million) & Growth Rate (%), 2022

Figure 9: Global Agritecture Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2022

Figure 10: North America Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 11: North America Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 12: North America Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 13: North America Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 14: North America Agritecture Market Share, By Country, By Value, 2018-2028F

Figure 15: United States Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 16: United States Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 17: United States Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 18: United States Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 19: Canada Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 20: Canada Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 21: Canada Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 22:  Canada Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 23: Mexico Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 24: Mexico Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 25: Mexico Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 26: Mexico Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 27: Europe Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 28: Europe Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 29: Europe Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 30: Europe Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 31: Europe Agritecture Market Share, By Country, By Value, 2018-2028F

Figure 32: France Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 33: France Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 34: France Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 35: France Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 36: United Kingdom Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 37: United Kingdom Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 38: United Kingdom Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 39: United Kingdom Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 40: Netherlands Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 41: Netherlands Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 42: Netherlands Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 43: Netherlands Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 44: Sweden Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 45: Sweden Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 46: Sweden Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 47: Sweden Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 48: Germany Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 49: Germany Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 50: Germany Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 51: Germany Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 52: Italy Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 53: Italy Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 54: Italy Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 55: Italy Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 56: Spain Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 57: Spain Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 58: Spain Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 59: Spain Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 60: Asia Pacific Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 61: Asia Pacific Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 62: Asia Pacific Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 63: Asia Pacific Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 64: Asia Pacific Agritecture Market Share, By Country, By Value, 2018-2028F

Figure 65: China Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 66: China Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 67: China Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 68: China Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 69: Japan Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 70: Japan Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 71: Japan Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 72: Japan Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 73: Singapore Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 74: Singapore Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 75: Singapore Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 76: Singapore Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 77: South Korea Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 78: South Korea Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 79: South Korea Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 80: South Korea Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 81: Australia Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 82: Australia Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 83: Australia Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 84: Australia Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 85: India Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 86: India Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 87: India Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 88: India Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 89: South America Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 90: South America Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 91: South America Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 92: South America Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 93: South America Agritecture Market Share, By Country, By Value, 2018-2028F

Figure 94: Brazil Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 95: Brazil Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 96: Brazil Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 97: Brazil Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 98: Colombia Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 99: Colombia Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 100: Colombia Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 101: Colombia Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 102: Argentina Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 103: Argentina Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 104: Argentina Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 105: Argentina Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 106: Middle East & Africa Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 107: Middle East & Africa Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 108: Middle East & Africa Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 109: Middle East & Africa Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 110: Middle East & Africa Agritecture Market Share, By Country, By Value, 2018-2028F

Figure 111: UAE Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 112: UAE Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 113: UAE Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 114: UAE Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 115: Saudi Arabia Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 116: Saudi Arabia Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 117: Saudi Arabia Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 118: Saudi Arabia Agritecture Market Share, By Application, By Value, 2018-2028F

Figure 119: South Africa Agritecture Market Size, By Value (USD Million), 2018-2028F

Figure 120: South Africa Agritecture Market Share, By Integration, By Value, 2018-2028F

Figure 121: South Africa Agritecture Market Share, By Structure, By Value, 2018-2028F

Figure 122:  South Africa Agritecture Market Share, By Application, By Value, 2018-2028F

Frequently asked questions

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Global Agritecture market is expected to witness an impressive growth of 10 % and reach USD 7723.74 million by 2028. The Global Agritecture market is anticipated to grow because of depletion of fertile cultivable land and growing demand for organic foods and local produce. Moreover, advancing technologies like the utilization of artificial lighting to assist in indoor farming and wind energy to power vertical farms is creating benchmarks in agritecture. Also, the growing transformation of spare buildings into farms with the help of new technologies is further boosting the market.

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Agritecture practice is majorly being employed for commercial purposes, with commercial agritecture holding a share of 84.50% in 2022. This is so because lack of agricultural land, reduction in the quality of atmosphere and incidences of natural calamities directly affecting the open lands can lead to lesser food produce. Due to this reason, it has become necessary to meet the growing demand for food with the assistance of indoor and vertical farming. For this purpose, commercial agritecture dominated the market and is projected to maintain its dominance in the future.

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Major factors hindering the growth of global agritecture market are lack of awareness and adoption in emerging technologies, high investments & operational costs and equipment maintenance and failure.

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The key players contributing significantly to the global agritecture market are Agritecture Consulting LLC, AeroFarms LLC, Obyashi Corporation, Freight Farms, Inc., Grow Pod Solutions, LettUs Grow Ltd., FarmBox Foods.

Related Reports

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Sakshi Bajaal

Principal Consultant
Press Release

Agritecture Market to be Valued USD 7723.74 Million by 2028

Dec, 2022

The rising concerns about food security and a significant reduction in fertile land suitable for cultivation is expected to fuel the growth of agritecture market in the forecast period, 2024-2028.

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