Rise in popularity of
organic food and need for disease-free farming environment to drive the growth
of global aeroponics market during the forecast period
According to TechSci Research report, “Global Aeroponics Market By Component, By Application, By Region, Competition, Forecast & Opportunities, 2025”, global aeroponics market is expected to register robust CAGR during the forecast period on account of demand for enhancing crop production and reducing farming costs when compared to traditional farming methods. In addition to this, aeroponics technique does not require the use of pesticides resulting in no harmful waste production, which is positively influencing the market growth. Moreover, the technologies used in this farming method allows the tracking of plant growth and harvesting, which is forecast to spur the growth of aeroponics market across the globe over the coming years. Furthermore, controlled environment of aeroponics has the potential to generate about 70% more yield when compared to traditional agriculture, which is bolstering the market growth around the globe. However, high initial investments and developmental phase of technologies used in the aeroponics can hinder the market growth globally through 2025.
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market can be segmented based on component, application and region. Considering
the application, the market is segmented into indoor farming and outdoor
farming. Among them, indoor farming is anticipated to witness significant
growth in the coming years owing to scarcity of arable land due to land
degradation, land transformation for infrastructure and settlement along with several
human and climatic factors.
Aeroponics (AERO Development Corp), BrightFarms Inc, Evergreen Farm Oy, LettUs
Grow, CombaGroup SA, Altius Farms, Ponics Technologies, Living Greens Farm,
Freight Farms AG among others are the leading players operating in global aeroponics
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America dominated the market in terms of largest market share until 2019 and is
forecast to maintain its dominance during the next 5 years as well. This growth
is attributable to enhanced indoor management practices as well as high-efficiency
LED lights to reduce the carbon footprint in controlled environment agriculture.
Moreover, growing focus on adopting efficient and innovative technologies for
improving the agricultural yields is further anticipated to fuel the growth of
hydroponics market in the region during through 2025.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
“Global Aeroponics Market By Component, By Application, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global aeroponics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global aeroponics market.