Agriculture Industry Overview

The seaweed cultivation market consists of sales of seaweed cultivation products by entities (organizations, sole traders, and partnerships) that are used to grow seaweeds for direct consumption, either as food or for medicinal purposes. Seaweed cultivation refers to the practice of cultivating and harvesting seaweed either from naturally growing seaweed or from cultivated crops. The types of seaweed cultivation are red seaweeds, brown seaweeds, and green seaweeds. Red seaweeds refer to the oldest and largest group of algae, and occur mainly in protected shallow waters, often attaching themselves to stones, shells, and eelgrass by their holdfast. Seaweed is available in different forms such as seaweed flakes, seaweed powder, liquid seaweed, and seaweed sheets. The methods of harvesting include aquaculture and wild harvesting. The various applications include the animal feed industry, agriculture, pharmaceuticals, and other application. The seaweed cultivation market research report is one of a series of new reports from The Business Research Company that provides seaweed cultivation market statistics, including seaweed cultivation industry global market size, regional shares, competitors with a seaweed cultivation market share, detailed seaweed cultivation market segments, market trends and opportunities, and any further data you may need to thrive in the seaweed cultivation industry. This seaweed cultivation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global seaweed cultivation market size is expected to grow from $15.75 billion in 2021 to $17.65 billion in 2022 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The seaweed cultivation market is expected to grow to $27.94 billion in 2026 at a compound annual growth rate (CAGR) of 12.2%. The rise in seaweed farming practices is expected to propel the growth of the seaweed cultivation market going forward. Seaweed farming refers to a cost-effective method of harvesting that, when paired with ease of handling and technical developments, is encouraging individuals to think about it as a career option worldwide. Seaweed cultivation helps seaweed farming practices by raising the standard of living for coastal residents and encouraging the use of marine and coastal resources in their daily lives. For instance, according to the Food and Agriculture Organization of the United Nations, an Italy-based specialized agency of the United Nations that leads international efforts to defeat hunger and improve nutrition and food security, in 2019, algae cultivation, measured in wet weight, contributed nearly 30% of the 120 million tonnes of world aquaculture production, and red seaweeds and brown seaweeds were, respectively, the second-and third-largest species groups in global aquaculture. Therefore, the rise in seaweed farming practices is driving the growth of the seaweed cultivation market. Technological advancements are a key trend gaining popularity in the seaweed cultivation market. Seaweed farming is a labor-intensive procedure that causes a company’s operating costs to increase. As a result, several companies are spending money on technologies like robot harvesters and direct seeding to enhance seaweed farming and track seaweed biomass, businesses are also moving forward with the application of cutting-edge technologies like machine learning, IoT (Internet of Things), and artificial intelligence. For instance, in July 2021, Sea6 Energy, an India-based seaweed company, constructed an automated technology called a sea combine that reduces the labor-intensiveness of seaweed production. The technique developed by Sea6 is intended to enable the expansion of seaweed farming, which is an essential step before seaweed is widely used as a biofuel. In September 2020, W Hydrocolloids, Inc., a Philippines-based food ingredients company, acquired Cargill’s stake in Philippine Bio-Industries, Inc. With this acquisition, W Hydrocolloids, Inc. acquired PBI’s fully automated refined carrageenan efficiency, which delivers carrageenan and carrageenan blends. Additionally, in order to service clients worldwide, businesses are concentrating on obtaining more quality certifications across numerous areas and employing rigorous product testing techniques. Philippine Bio-Industries Inc. is a Philippines-based company that operates a seaweed-producing facility. Major players in the seaweed cultivation market are Acadian Seaplants Limited, Cargill Incorporated, DuPont de Nemours Inc., Irish Seaweeds, Beijing Leili Marine Bioindustry Inc. (Leili Group), Algae Bio-Tech India (P) Ltd., Qingdao Gather Great Ocean Algae Industry Group Co.LTD., Gelymar SA, Leili Group, AtSeaNova, Seasol International, Mara Seaweed, Pacific Harvest, Maine Fresh Sea Farm, and Maine Coast Sea Vegetables. Asia-Pacific was the largest region in the seaweed cultivation market in 2021. The regions covered in seaweed cultivation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the seaweed cultivation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global seaweed cultivation market is segmented - 1) By Type: Red Seaweeds, Brown Seaweeds, Green Seaweeds 2) By Form: Seaweed Flakes, Seaweed Powder, Liquid Seaweed, Seaweed Sheets 3) By Method Of Harvesting: Aquaculture, Wild Harvesting 4) By Application: Animal Feed Industry, Agriculture, Pharmaceuticals, Other Application

The agricultural algaecides market consists of sales of agricultural algaecides by entities (organizations, sole traders, and partnerships) that are useful in controlling slime molds, algae, and cyanobacteria. Algaecides are natural or synthetic substances used to kill and prevent the growth of algae and any such parasites that can hinder plant growth and affect crop production. The main types of agricultural algaecides sold on the market are copper sulfate, chelated copper, peroxyacetic acid, hydrogen dioxide, dyes and colorants, and others. In both agricultural and non-agricultural environments, copper sulfate is used in fungicides, algaecides, root killers, and herbicides. Copper sulfate is a chemical compound denoted as CuSO4 and also called blue vitriol, the vitriol of copper, and bluestone. The different modes of action include selective and non-selective. The several categories include synthetic and natural algaecides that are available in both solid and liquid forms. The agricultural algaecides market research report is one of a series of new reports from The Business Research Company that provides agricultural algaecides market statistics, including global market size, regional shares, competitors with agricultural algaecides market share, detailed agricultural algaecides market segments, market trends, and opportunities, and any further data you may need to thrive in the agricultural algaecides industry. This agricultural algaecide market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global agricultural algaecides market size is expected to grow from $ 2.92 billion in 2021 to $ 3.20 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The agricultural algaecides market is expected to grow to $ 4.07 billion in 2026 at a CAGR of 6.2%. The expansion of the agricultural sector is propelling the growth of the agricultural algaecides market. The agriculture sector includes businesses whose main activities are the production of crops, the breeding of livestock, and the collection of fish and other animals from farms, ranches, or their natural habitats. The application of algaecides aids in agricultural output by aiding in weed and insect control outside farm buildings, nurseries, greenhouses, and other growing operations. The growth of agriculture directly ensures more and more use of algaecides to improve production and crop quality. For instance, according to the U.S. Department of Agriculture (USDA), in 2020, $ 1.05 trillion, or 5.0% of the U.S. GDP, came from agriculture, food, and associated businesses. Also, an estimated 0.6% of GDP, or $ 134.7 billion, came from the produce of American farmers. Therefore, the expansion of the agricultural sector is driving the growth of the agricultural algaecides market. The continuous development of innovative and novel algaecide formulations is a key trend gaining popularity in the agricultural algaecide market. Major market players and researchers are constantly looking to launch innovative formulations to suit various kinds of algae and molds, which offer customers more options to choose from. For instance, in March 2020, BioWorks, a US-based biotechnology firm, launched its unique broad-spectrum algaecide and fungicide formulation, PERpose Plus. It is useful for the suppression and control of fungus and algae on equipment and hard surfaces in all stages of crop production and post-harvest usage. In July 2019, Excellere Partners, a US-based private equity investment firm, acquired SePRO Corporation for an undisclosed amount. Through this acquisition, Excellere hopes to grow SePRO through a mix of infrastructure investments, increased market penetration of its current products into both existing and new industries, and the commercialization of new technologies. SePRO Corporation is a US-based manufacturer of herbicides, insecticides, and algaecides. Major players in the agricultural algaecides market are Badische Anilin und Soda Fabrik SE, Dow Inc, Nufarm Agriculture Inc., Bioguard Organics Ltd., Bayer AG, Lonza Group, Pinch A Penny Inc., UPL Limited, Oreq Corporation, Waterco Limited, Pool Corporation, Syngenta Group Co. Ltd, BioSafe Systems LLC, and Airmax Inc. North America was the largest region in the agricultural algaecides market in 2021. The regions covered in the agricultural algaecides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the agricultural algaecides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global agricultural algaecides market is segmented - 1) By Type: Copper Sulphate, Chelated Copper, Peroxyacetic Acid, Hydrogen Dioxide, Dyes, Colorants, Other Types 2) By Mode Of Action: Selective, Non-Selective 3) By Category: Synthetic Algaecides, Natural Algaecides 4) By Form: Solid, Liquid

The flower and ornamental plant market consists of sales of flower and ornamental plants by entities (organizations, sole traders, and partnerships) that are used for decorating, beautifying, or enhancing the surrounding environment. Flowers and ornamental plants refer to those plants that are grown for their beauty and not for their fruit or flowers specifically. These flowers enhance the beauty of the surroundings, such as gardens, lawns, houses, and other such places. The main types of flowers and ornamental plants are potted plants and cut flowers. Potted plants refer to those plants that are planted and grown in containers instead of the ground. The major distribution channels include offline and online and are used by various end-users such as commercial and residential. The flowers and ornamental plants report is one of a series of new reports from The Business Research Company that provides statistics on flowers and ornamental plants, including global market size, regional shares, competitors with a flower and ornamental plant share, detailed flower and ornamental plant segments, market trends and opportunities, and any further data you may need to thrive in the flower and ornamental plant industry. This flowers and ornamental plants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global flower and ornamental plants market size is expected to grow from $ 36.53 billion in 2021 to $ 39.70 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The flower and ornamental plant market is expected to grow to $ 51.98 billion in 2026 at a CAGR of 7%. The rising demand for indoor plants and flowers in the residential sector is expected to propel the growth of the flower and ornamental plant market going forward. Indoor flowers and plants refer to plants that are grown indoors in places such as residences and offices. Ornamental plants can be grown indoors year-round as warm-weather plants. Indoor plants have many advantages, such as reducing stress and boosting creativity, productivity, and focus. These plants can be kept indoors as long as they get plenty of sunlight. For instance, according to the Times of India, an Indian daily newspaper, in August 2020, there was an increase in online sales of Indore plants. In pandemic times, there are 1000 to 1300 orders of indoor plants per day. Also, the demand for the sale of plants grows by 30%. Furthermore, according to the National Gardening Association, a US-based gardening association, in 2019, houseplant sales increased by 50% to $ 1.7 billion. Therefore, the rising demand for indoor plants and flowers in the residential sector is driving the growth of the flower and ornamental plant market. Hybridization and biotechnology are the key trends gaining popularity in the flower and ornamental plant market. Major companies operating in the flower and ornamental plant sector are focused on introducing ornamental plants produced by hybridization and biotechnology such as Pink Kisses and other varieties to sustain their position in the market. For instance, in December 2019, Selecta Klemm, a US-based company that manufactures and breeds ornamental plants, launched its new hybrid, Poinsettia highlight SkyStar, which is covered with white dots and has a good root system. It has dark green foliage and V-shaped, thick stems. The stems are a dark red color. These hybrids are available in various shapes and sizes to suit one’s heart content. In May 2019, Selecta One, a Switzerland-based producer of ornamental plants, acquired La Villetta s.r.l. for an undisclosed amount. With this acquisition, Selecta One becomes an experienced, advanced, and trusted supplier, partner, and marketer of pots as well as cut carnations. La Villetta s.r.l. is an Italy-based company that operates in the breeding, production, and marketing of new varieties of ornamental flowering plants. Major players in the flower and ornamental plant market are Sakata Seed, Ball Horticultural Company, Beekenkamp, Afriflora, Arcangeli Giovanni and Figlio, Kurt Weiss Greenhouses Inc., KP Holland, Monrovia Nursery Co., Color Spot Nurseries, Butters Group, Belaya Dacha Flowers, Dümmen Orange, Syngenta, Beekenkamp Group., Marginpar B.V., and Arcangeli Giovanni and Figlio. Asia-Pacific was the largest region in the flowers and ornamental market in 2021. The regions covered in the flower and ornamental plant market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the flower and ornamental plant market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global flower and ornamental plant market is segmented - 1) By Type: Potted Plants, Cut Flowers 2) By Distribution Channel: Offline, Online 3) By End-Users: Commercial, Residential

The oyster mushroom cultivation market consists of sales of oyster mushroom cultivation by entities (organizations, partnerships, and sole traders) that are used to prepare side dishes, sauces, stir-fries, pasta, risotto, and are also used in the preparation of medicines. The oyster mushroom is an edible fungus that grows naturally in temperate and tropical forests on dead and decaying wooden logs. These are rich in vitamin B and have no cholesterol. The oyster mushroom belongs to the basidiomycete class. These mushrooms have more health benefits. The main forms of oyster mushroom cultivation are fresh mushrooms, frozen mushrooms, dried mushrooms, and canned mushrooms. Fresh mushrooms refer to edible fungus, which provides several important nutrients. Fresh mushrooms in the oyster mushroom cultivation market refer to oyster mushrooms that have not undergone any preservation process. The various phases include phase I – composting, phase II – spawning, phase III – casing, phase IV – pinning, and phase V – harvesting, which are used in the food processing industry, retail outlets, food services, and other applications. The oyster mushroom cultivation market research report is one of a series of new reports from The Business Research Company that provides oyster mushroom cultivation market statistics, including global oyster mushroom cultivation industry size, regional shares, competitors with an oyster mushroom cultivation market share, detailed oyster mushroom cultivation market segments, market trends and opportunities, and any further data you may need to thrive in the oyster mushroom cultivation industry. This oyster mushroom cultivation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global oyster mushroom cultivation market size is expected to grow from $ 2.53 billion in 2021 to $ 2.65 billion in 2022 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The oyster mushroom cultivation market is expected to grow to $ 3.09 billion in 2026 at a CAGR of 3.9%. An increase in the production and cultivation of mushrooms is expected to propel the growth of the oyster mushroom cultivation market going forward. Mushroom cultivation refers to the technology of growing mushrooms using plants, animals, and industrial waste. The increase in the production and cultivation of mushrooms helps to develop various varieties of mushrooms, including oyster mushrooms as well. For instance, according to the Food and Agriculture Organization, a Roam-based food specialized agency of the United Nations, in 2020, there are 99.87 billion points of mushrooms produced globally. China produced the highest quantity of mushrooms, which is 88.1 billion pounds. This was followed by Japan and the US, which produced 1.04 billion and 816 million pounds of mushrooms respectively and hold the second and third positions in mushroom production. Therefore, the increase in the production and cultivation of mushrooms is driving the growth of the oyster mushroom cultivation market. New cultivation techniques have emerged as a key trend gaining popularity in the oyster mushroom cultivation market. Major companies operating in the oyster mushroom cultivation sector are focused on developing new techniques to sustain their position in the market. For instance, in April 2019, Mehr Chand Mahajan DAV College, an India-based agricultural college, developed an innovative method to grow oyster mushrooms in plastic bottles and agricultural waste for mushroom growing. This method gives a yield of 0.5 kg of mushrooms for every 2 liter bottle in the first batch itself. The use of this method is aimed at reducing the plastic waste generated by plastic bottles and also helps to increase the yield of mushrooms. This innovative method uses very little space for growing the mushrooms. In January 2021, South Mill Champs, a US-based company engaged in producing and distributing mushrooms, acquired The Mushroom Company for an undisclosed amount. Through this acquisition, South Mill Champs would expand its capabilities and product innovation, which would help them remain the industry leader. The Mushroom Company is a US-based manufacturer of mushrooms. Major players in the oyster mushroom cultivation market are Monaghan Group, Walsh Mushrooms Group, Mycelium Organic Farms Pvt Ltd, Smithy Mushrooms Ltd., Italspwan di Valentino e Massimo Sartor S.S., Luoyang Fudamei Agricultural Production Co.Ltd, Hirano Mushroom LLC, Fujishukin Co. Ltd., Greensfarm Sp. z o.o., Kalina Boczniaki, Pol Grzyb Wojciech Wizinski, Phillips Mushroom Farms, Chengde Runlong Food Co. LTD., Societa' Agricola Porretta - Le Ghiottone, Shanghai Xuerong Bio-Technology Co Ltd, and Hunan Chunhua Biotech Co. Ltd. Asian-Pacific was the largest region in the oyster mushroom cultivation market in 2021. The regions covered in the oyster mushroom cultivation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the oyster mushroom cultivation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global oyster mushroom cultivation market is segmented - 1) By Form: Fresh Mushroom, Frozen Mushroom, Dried Mushroom, Canned Mushroom 2) By Phase: Phase I - Composting, Phase Ii - Spawning, Phase Iii - Casing, Phase Iv - Pinning, Phase V - Harvesting 3) By Application: Food Processing Industry, Retail Outlets, Food Services, Other Applications

The crop micronutrient market consists of sales of crop micronutrients by entities (organizations, sole traders, and partnerships) that are used to provide essential nutrients to the crop. Crop micronutrients refer to critical nutrients required by plants in small quantities for crucial functions. The absence of these nutrients leads to less growth and yield. Farmers use crop micronutrient products to ensure a proper balanced nutrition level in the soil to maintain the growth and yield of the crop. The main type of crop micronutrients market are zinc, boron, iron, manganese, molybdenum, copper, and others. Zinc refers to a trace mineral and is an essential micronutrient for plant life. Zinc is a recommended micronutrient in fertilizer programs for the production of corn, sweet corn, and edible beans. The various crop type includes cereals & grains, fruits & vegetables, oilseeds & pulses, and other. These are used in fertigation, soil, foliar, and others. The crop micronutrients market research report is one of a series of new reports from The Business Research Company that provides crop micronutrients market statistics, including crop micronutrients industry global market size, regional shares, competitors with a crop micronutrients market share, detailed crop micronutrients market segments, market trends and opportunities, and any further data you may need to thrive in the crop micronutrients industry. This crop micronutrients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global crop micronutrients market size is expected to grow from $5.72 billion in 2021 to $6.28 billion in 2022 at a compound annual growth rate (CAGR) of 9.80%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The crop micronutrients market is expected to reach $9.03 billion in 2026 at a CAGR of 9.52%. A developing soil micronutrient deficit is expected to propel the growth of the crop micronutrient market going forward. Micronutrient deficiency is the absence of vital vitamins and minerals that the body needs in minute amounts for healthy growth and development. Micronutrients are vital to plant nutrients that are present in tiny levels and aid in boosting the growth of new plants. According to a report published by the Center for Science and Environment (CSE) India, in 2022, there was nitrogen deficiency in 90% of the soil samples collected from 27 states. 85% of soil samples are deficient in organic carbon. Also, 15% contain low levels of organic carbon, and 49% of soil samples have low levels of organic carbon. Therefore, the developing soil micronutrient deficit is driving the growth of the crop micronutrient market. Product development is a key trend gaining popularity in the crop micronutrient market. Major companies operating in the market are focused on product development to strengthen their position in the market. For instance, Coromandel International, an India-based manufacturer of fertilizers, pesticides, and speciality nutrients, in September 2021, launched the product "GroShakti Plus". This product was manufactured using EnPhos Technology and Zincated technology. EnPho technology enables phosphorous available to the crop and ensures better root development along with zinc, which enables plant growth and improves disease resistance. In April 2021, Hydrofarm, a US-based manufacturer of hydroponics equipment and supplies, acquired Heavy 16 for a $78.1 Million deal amount. With this acquisition, Hydrofarm aims to strengthen its position in the market. Hydrofarm will be able to expand its portfolio of innovative and proprietary products in categories of nutrients, climate control, and others. Heavy 16 is a US-based manufacturer of professional plant nutrients. Major players in the crop micronutrients market are BASF SE, Akzo Nobel NV, Nutrien Ltd, Yara International ASA, The Mosaic Company, Aries Agro Limited, Dow DuPont Inc, Western Nutrients Corporation, Nufarm Ltd, Coromandel International Limited, Haifa Group, Helena Agri-Enterprises LLC, Compass Minerals International Inc, and BMS Micro-Nutrients NV. Asia-Pacific was the largest region in the crop micronutrients market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in crop micronutrients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the crop micronutrients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global crop micronutrients market is segmented - 1) By Type: Zinc, Boron, Iron, Manganese, Molybdenum, Copper, Others 2) By Crop Type: Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Other 3) By Application: Fertigation, Soil, Foliar, Others

The cannabis cultivation market consists of sales of cannabis cultivation process by entities (organizations, sole traders, and partnerships) that is used for the production of cannabis, which is derived from the plant cannabis sativa. Cannabis cultivation refers to the practice and method of growing cannabis plants such as planting, developing, growing, propagating, harvesting, processing, drying, curing, grading, trimming, packaging, and storage. The main types of cannabis cultivation are cannabis indica and cannabis sativa. Cannabis indica refers to a classification of marijuana, known for its relaxing and therapeutic qualities. The different sources include flowers or buds, leaves, and other sources, that are used in medical consumption, recreational consumption, and industrial consumption. The cannabis cultivation market research report is one of a series of new reports from The Business Research Company that provides cannabis cultivation market statistics, including cannabis cultivation industry global market size, regional shares, competitors with a cannabis cultivation market share, detailed cannabis cultivation market segments, market trends and opportunities, and any further data you may need to thrive in the cannabis cultivation industry. This cannabis cultivation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global cannabis cultivation market size is expected to grow from $114.66 billion in 2021 to $132.55 billion in 2022 at a compound annual growth rate (CAGR) of 15.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The cannabis cultivation market is expected to grow to $235.74 billion in 2026 at a compound annual growth rate (CAGR) of 15.5%. Adoption of cannabis for the treatment of chronic diseases is expected to propel the growth of the cannabis cultivation market going forward. A chronic disease refers to a medical condition that lasts for a year or longer and necessitates continuing medical care and restricts daily activities. Adoption of cannabis for the treatment of chronic diseases helps cannabis cultivation by demonstrating safety, efficacy, and consistency sufficient for regulatory approval in spasticity in chronic diseases such as multiple sclerosis, and Dravet and Lennox-Gastaut Syndromes. For instance, in March 2022, according to the data published in the annual report of Jazz Pharmaceuticals plc, an Ireland-based biopharmaceutical company, the company generated a net sale of $463.6 million for Epidiolex, in 2021, with a year-on-year sales growth of 29% as compared to previous year i.e., 2020. Therefore, the adoption of cannabis for the treatment of chronic diseases is driving the cannabis cultivation market.  Product innovations are a key trend gaining popularity in the cannabis cultivation market. Major companies operating in the cannabis cultivation market are focused on developing innovative products to strengthen their position in the cannabis cultivation market. For instance, in January 2022, Prospiant, a US-based controlled environment agriculture (CEA) greenhouse solutions and cannabis cultivation and extraction technologies provider, launched Delta Ethanol Extraction CUP-5 to specifically meet the requirements of prototype labs, educational research centers, and small-scale cannabis processing facilities. During the process of cannabis cultivation, it can handle plant material in batches as small as 3.5 pounds and finish the extraction process in 2 to 12 minutes. It combines mechanical centrifugation with closed-loop cold alcohol extraction technology to produce a high-purity final product. Its innovative features also include the ability to operate without a C1D2 environment or a hazardous location (HazLoc) requirement. In June 2021, Canopy Growth, a Canada-based, cannabis company, acquired Supreme Cannabis Company Inc for a deal amount of $435 million. With this acquisition, Canopy Growth aims to strengthen its position in the Canadian market, by providing premium differentiated products to the consumers. Supreme Cannabis Company, Inc is a Canada-based company involved in the production and sale of medical and recreational cannabis. Major players in the market are Pacific Cannabis Growers Inc, Atlas Growers, Canntrust Holdings Inc, The Hydropothecary Corporation, Better Holdings, Canopy Growth Corporation, Aphria Inc, Aurora Cannabis, Tilray, Organigram Holdings Inc, The Cronos Group, Maricann Group Inc, ABcann Medicinals Inc, GW Pharmaceuticals plc, and Vivo Cannabis Inc. Asia-Pacific was the largest region in the cannabis cultivation market in 2021. The regions covered in the cannabis cultivation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cannabis cultivation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global cannabis cultivation market is segmented - 1) By Type: Cannabis Indica, Cannabis Sativa 2) By Source: Flower or Buds, Leaves, Other Sources 3) By Application Outlook : Medical Consumption, Recreational Consumption, Industrial Consumption

The agriculture market consists of sales of agriculture and related services by entities (organizations, sole traders, and partnerships) that provide agriculture and related services such as animal and crop production and other support services. Agriculture involves the cultivation of plants and animal and bird rearing for food, fabrics, fibers, bio-fuel, medicinal, and other products used to sustain and enhance human life. This market also includes horticulture and aquaculture. This market excludes proceeds from captive (internal) consumption of agriculture and forest produce for further processing. The main types of agriculture are animal production, crop production, and rural activities. Crop production is the practise of cultivating crops for both domestic and commercial use. Wheat, maize, rice, jute, and other crops are grown on a large scale. The nature of agricultural products can be organic or conventional and are distributed through supermarkets/hypermarkets, convenience stores, e-commerce, and other channels. The agriculture market research report is one of a series of new reports from The Business Research Company that provides agriculture market statistics, including agriculture industry global market size, regional shares, competitors with an agriculture market share, detailed agriculture market segments, market trends and opportunities, and any further data you may need to thrive in the agriculture industry. This agriculture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global agriculture market grew from $11,109.32 billion in 2021 to $12,152.6 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The agriculture market is expected to grow to $16,671.58 billion in 2026 at a CAGR of 8.2%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. According to the Agricultural Outlook by the Organization for Economic Co-operation and Development (OECD) and FAO (Food and Agriculture Organization) published, global cereal production was projected to increase by 13% by 2027. Crop production, farming activities, and trade volumes will have to increase to meet the needs of the increased population. Agribusiness companies will increase acquisitions of arable land to increase crop production. Agriculture companies are expected to increase their presence and activities to meet increased demand from farming activities and increase their growth. The outbreak of coronavirus disease (COVID-19) has acted as a massive restraint on the agriculture market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. As governments imposed lockdowns, farmers faced difficulties in harvesting and marketing their produce. Also, the export of agricultural produce declined significantly as countries imposed restrictions on cross-border trade. The outbreak is expected to continue to hurt businesses throughout 2020 and into 2021. However, it is expected that the agriculture market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. A shortage of labour and increasing demand for advanced agriculture tools in many countries is driving the demand for agriculture robots, or agribots. Agribots are used on farmlands for pruning, weeding, and spraying pesticides and herbicides. They are connected to tractors for spraying water, seeds, pesticides, nutrients, and harvesting. For instance, the Energid Citrus Picking Robot System picks an orange every two seconds from a tree, thus enhancing productivity and thereby limiting the need for agricultural labor. Some of the companies providing ag robots for effective and efficient productivity in agriculture are Small Robot Company, Naio Technologies, EarthSense, HETO Agrotechnics, Harvest Automation, PrecisionHawk, BoniRob, and others. Major companies in the agriculture market include Cargill Incorporated, Dairy Farmers of America, Bayer AG, WH Group Limited, Bunge Limited, Wens Foodstuff Group Co. Ltd, Charoen Pokphand Foods PCL, Corteva Inc, Olam International, and Land O'Lakes Inc. The Asia Pacific was the largest region in the agriculture market in 2021. North America was the second largest region in the agriculture market. The regions covered in the agriculture report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the agriculture market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The global agriculture market is segmented - 1) By Type: Animal Produce, Crop Production, Rural Activities 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Nature: Organic, Conventional Subsegments Covered: Milk, Honey, Meat, Wool, Egg, Skin And Hide, Live Animals, Other Animal Produce, Grain Farming, Oilseed Farming, Fruit And Nut Farming, Vegetable Farming, General Crop Farming, Greenhouse, Nursery, And Flowers, Fishing, Hunting And Trapping, Forestry And Logging, Agriculture And Forestry Services

The crop production market consists of the sale of crops by entities (organizations, sole traders, and partnerships) that produce crops, including farms, market gardens, and nurseries, primarily engaged in growing crops, plants, vines, or trees and their seeds. This market includes crop sales from mixed farms (e.g., cash crops and livestock together on the same farm). This market excludes processed crop grain products such as flour and other products. This market also excludes the proceeds from the captive (internal) consumption of the crop produced for further processing. The main types of crop production are grain farming, oilseed farming, fruit and nut farming, vegetable farming, general crop farming, greenhouse and nursery, and flowers. A place where plants are grown for transplanting, for use as stock for budding and grafting, or for sale. The farming processes are organic farming and traditional farming. The various applications included food, beverages, and fodder. The crop production market research report is one of a series of new reports from The Business Research Company that provides crop production market statistics, including crop production industry global market size, regional shares, competitors with a crop production market share, detailed crop production market segments, market trends and opportunities, and any further data you may need to thrive in the crop production industry. This crop production market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global crop production market grew from $4763.91 billion in 2021 to $5232.96 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The crop production market is expected to grow to $7425.37 billion in 2026 at a CAGR of 9.1%. A shortage of labour and increasing demand for advanced agriculture tools in many countries is driving the demand for agriculture robots, or agribots. Agribots are used on farmlands for pruning, weeding, and spraying pesticides and herbicides. They are connected to tractors for spraying water, seeds, pesticides, nutrients, and harvesting. For instance, the Energid Citrus Picking Robot System picks an orange every two seconds from a tree, thus enhancing productivity and thereby limiting the need for agricultural labor. Major companies in the crop production market include Cargill Incorporated, Bayer AG, Bunge Limited, Corteva Inc, UPL Limited, Total Produce plc, Fresh Del Monte Produce Inc, Grupo Amaggi, Olam International, and Seaboard Corporation. The Asia Pacific was the largest region in the crop production market in 2021. Western Europe was the second largest region in the crop production market. The regions covered in the crop production report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the crop production market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The global crop production market is segmented - 1) By Type: Grain Farming, Oilseed Farming, Fruit And Nut Farming, Vegetable Farming, General Crop Farming, Greenhouse, Nursery, And Flowers 2) By Farming Process: Organic Farming, Traditional Farming 3 ) By Application: Food And Beverages, Fodder Subsegments Covered: Dry Pea And Bean Farming, Wheat Farming, Other Grain Farming, Soybean Farming, Other Oilseed Farming, Orange Groves, Citrus Groves, Noncitrus Fruit And Tree Nut Farming, Chillies and peppers, Potatoes, Lettuce and chicory, Tomatoes, Cauliflowers and broccoli, Onions, All Other vegetables, Tobacco farming, Sugarbeet farming, Sugarcane farming, Cotton farming, Other Miscellaneous Crop Farming, Food Crops Grown Under Cover, Nursery And Floriculture Production