Floating Farms Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

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Higher yield than conventional farming, rapid climate change, and erratic weather patterns are key factors driving global floating farms market revenue growth

The Global Floating Farms Market research report is a detailed document outlining the recent advancements and developments in the Floating Farms business sphere considering 2019 as the base year as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.

Market revenue growth of floating farms can be attributed to rapid climate change and erratic weather patterns have significantly impacted agricultural output; therefore, it is unable to meet the growing demand. This has led to increased demand for alternative and sustainable farming practices such as vertical farming, and floating farming globally. According to recent studies by Food and Agriculture Organization (FAO), Greenhouse Gas emissions (GHG) have doubled over the past years and is expected to further increase by 2050.

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The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.

The key companies studied in the report are:

Floating Farms, 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, and Ocean Era, Inc.

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

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Emergen Research has segmented the global floating farms market based on farm type, equipment type, building structure, and region:

  • Farm Type Outlook (Revenue, USD Billion; 2019-2030)
    • Vegetable Fruits
    • Livestock
      1. Poultry
      2. Dairy
      3. Fish
      4. Sheep
      5. Pig
      6. Goat
      7. Duck
      8. 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

The report addresses the following key points:

  • The report estimates the expected market size from 2020-2027
  • The report provides a forecast of market drivers, restraints, and future opportunities for the Floating Farms market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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