The global floating farms market growth is expected to register a significant CAGR over the forecast period of 20210-2030. An increase in global demand for food is a significant factor contributing to revenue growth of the market. This has led to increased demand for alternative and sustainable farming practices such as vertical farming and floating farming. According to a research conducted by the Buckminster Fuller Institute, food demand is expected to rise 50% by 2030 and approximately 70% by 2050. Floating farms allow the cultivation of food crops and livestock in urban areas by building a structure in water bodies. This is expected to drive revenue growth significantly during the forecast period. Also, according to a research conducted by the United Nations (UN), population dynamics specifically is expected to concentrate over Africa and South Asia. Changing population demographics are persistent and are expected to add to the widespread hunger and malnutrition, and hence, to meet demand, advances in farming technology are expected to drive revenue growth for the floating farms market.
Comprehensive primary and secondary research, as well as qualitative and quantitative analysis of key market factors, went into creating the research report on the Floating Farms market . Professionals in the industry further validate and verify the meaningful data. The purpose of the report is to provide a more in-depth understanding of the general market conditions in the Floating Farms industry.
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Competitive Terrain:
The global Floating Farms industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against each other and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
AgriSea, Singapore Aquaculture Technologies, Bangladesh Agricultural Research Institute (BARI), Qingdao Conson Development Group Co Ltd, SalMar ASA, Lingalaks AS, Saudi Basic Industries Corporation (SABIC), Ocean Arks Tech., Al Qamra holding, Ocean Era, Inc.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Floating Farms market over the coming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of profitable strategies for business expansion.
Competitive Outlook: The leading companies operating in the Floating Farms market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Floating Farms market.
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Market Segmentations of the Floating Farms Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate estimates related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Floating Farms market on the basis of product, application, and region:
Segments Covered in this report are:
Farm Type Outlook (Revenue, USD Billion; 2019-2030)
- Vegetables & Fruits
- Livestock
- Poultry
- Dairy
- Fish
- Sheep
- Pig
- Goats
- Duck
- Others
Equipment Type Outlook (Revenue, USD Billion; 2019-2030)
- Cages
- Milling Machines
- Egg Incubators
- Knapsack Sprayers
- Power Tillers
- Fish Ponds
- Tarpaulins
- Others
Building Structure Outlook (Revenue, USD Billion; 2019-2030)
- Building-based
- Shipping Container-based
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Major Geographies Analyzed in the Report:
- North America (US, Canada)
- Europe (UK, Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type of application
Chapter 9: Current and Future Trends
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