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 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 is persistent and is expected to add to the widespread hunger and malnutrition, and hence, to meet demand, advancements in farming technologically are expected to drive revenue growth for the floating farms market.
The report studies the historical data of the Floating Farms market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Floating Farms industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Floating Farms market.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
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.
Research Report on the Floating Farms Market Addresses the Following Key Questions:
- Who are the dominant players of the Floating Farms market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Floating Farms market?
- What are the key growth drivers and restraining factors of the Floating Farms market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Floating Farms market and its key segments?
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Emergen Research has segmented the global Floating Farms market on the basis of type, type of care, and region
Segments Covered in this report are:
Farm Type Outlook (Revenue, USD Billion; 2019-2030)
- Vegetable & Fruits
- Livestock
- Poultry
- Dairy
- Fish
- Sheep
- Pig
- Goat
- 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
In conclusion, the Floating Farms Market report is an exhaustive database that will help readers formulate lucrative strategies. The Floating Farms Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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