Urban Farming Market to Notice Prominent Growth of USD 555.94 billion by 2028, Size, Share, Trends, Demand, Industry Growth and Competitive Outlook

“The Urban Farming Market research information within the  Urban Farming Market  business report scrutinizes the primary challenges currently confronting the Urban Farming Market industry and those anticipated in the years to come. This analysis provides valuable insights to other market participants, offering them an understanding of the potential issues they might encounter while operating in this market over an extended period. This global market report encompasses detailed profiles of major players and renowned brands, covering various aspects such as the latest trends, market segmentation, new market entry strategies, industry forecasts, future directions, opportunity identification, strategic analysis and planning, target market analysis, insights, and innovation.

Businesses can gain comprehensive insights into the background analysis of the Urban Farming Market industry, which includes an assessment of the parent market. The Urban Farming Market report, on a large scale, serves as a prime example, encompassing a multitude of attributes related to market research. It sheds light on the company profiles of leading players and brands in the Urban Farming Market, highlighting their strategic moves, such as product launches, joint ventures, mergers, and acquisitions, and how these actions impact sales, import and export trends, revenue, and CAGR values. The report also focuses on key market dynamics within the sector.

The urban farming market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.20% in the forecast period of 2021 to 2028 and is expected to reach USD 555.94 billion by 2028. The rise in demand for high class food with no pesticide or herbicides is the factors escalating the growth of urban farming market.

The urban farming market is segmented on the basis of farm type, growing medium, farming and crop type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of farm type, the urban farming market is segmented into commercial, community, home gardens, corporate and others. Commercial is further segmented into field, closed environment and others.
• On the basis of growing medium, the urban farming market is segmented into hydroponics, aquaponics and aeroponics.
• On the basis of farming, the urban farming market is segmented into indoor farming and outdoor farming.
• On the basis of crop type, the urban farming market is segmented into food crops and non-food crops. Food crops are further segmented into cereals and grains, vegetables, fruits and others. Non-food crops are further segmented into aromatic herbs, medicinal herbs, ornamental plants and others.

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Urban farming refers to indoor and outdoor plant cultivation, processing of the output products and their distribution around the city among local inhabitants. This agricultural approach offers numerous benefits including food security for low income groups, increased access to fresh fruit and vegetables, employment and training opportunities and decreased environmental impacts due to less packaging and storage and transport. This practice assists in enhancing urban food security, urban resilience and meeting climate changes.

The rapid urbanization across the globe and the rise in popularity of urban farming due to supply of fresh nutritious products at competitive prices and lower transportation cost are the major factors driving the urban farming market. The growth in adoption of urban farming because of the several offered benefits such as food security and transparency, urban sustainability, health and nutrition factors and education and the surging demand for locally grown food products among population accelerate the urban farming market growth. The increasing rate of urban agriculture projects as it creates job openings, generates income, stimulates the local economy and helps smalls businesses grow and growing adoption of organic food due to the prevalence of chronic diseases act as factors influencing the urban farming market. The rising demand for high quality fresh food cultivated with no chemical usage, depletion of groundwater and the increase in need to produce vegetables and fruits in narrow spaces also propel the urban farming market. Additionally, the affordability of fresh food, more productivity compared to conventional farming and growing investment in these projects positively affect the urban farming market. Furthermore, the provision of green infrastructure, sustainability, incorporation in the metropolitan cities plans and technological advancement and innovations extend profitable opportunities to the urban farming market players in the forecast period of 2021 to 2028.

On the other hand, high initial cost and limitation on the range of crops are factors expected to obstruct the urban farming market growth. Space and pollution are projected to challenge the urban farming market in the forecast period of 2021-2028.

This urban farming market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on urban farming market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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This comprehensive report provides:

• Improve strategic decision making
• Research, presentation and business plan support
• Show emerging Urban Farming Market opportunities to focus on
• Industry knowledge improvement
• It provides the latest information on important market developments.
• Develop an informed growth strategy.
• Build technical insight
• Description of trends to exploit
• Strengthen competitor analysis
• By providing a risk analysis, you can avoid pitfalls that other companies may create.
• Ultimately, you can maximize your company’s profitability.

Influence of the  Urban Farming Market Report:

• Comprehensive assessment of all opportunities and risk in the Urban Farming Market
• Lead Urban Farming Market recent innovations and major events
• Detailed study of business strategies for growth of the Urban Farming Market market-leading players
• Conclusive study about the growth plot of Urban Farming Market for forthcoming years
• In-depth understanding of Urban Farming Market -particular drivers, constraints and major micro markets
• Favourable impression inside vital technological and Urban Farming Market latest trends striking the Cannabis Seeds Market

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