Agriculture Coverage

Aquaponics Market Definition And Segments

Aquaponics is a sustainable agricultural system that combines aquaculture (raising fish or other aquatic animals) with hydroponics (cultivating plants in water without soil) in a symbiotic environment. In this system, water from the aquaculture portion is circulated to the hydroponic system, where plants take nutrients from the fish waste as fertilizer. Aquaponics leads to reduced water usage compared to traditional farming, no need for chemical fertilizers, and the ability to produce fish (protein) and vegetables in a single integrated system. The main components of aquaponics are bio filter, settling basins, fish tanks, soil-free plant bed, rearing tanks, aquaponic produce, and others. A biofilter in aquaponics is a vital component that helps break down fish waste into nutrients usable by plants, contributing to the system's overall balance. The equipment includes grow lights, pumps and valves, water heaters, water quality testing systems, fish pump systems, aeration systems, and others, which operate through various growing mechanisms such as deep-water culture (DWC), nutrient film technique (NFT), and media-filled grow beds. Aquaponics systems are used for producing fish, fruits, vegetables, and herbs, and are applicable in commercial farming, home production, and research and education settings. The aquaponics market covered in this report is segmented – 1) By Component: Bio Filter, Settling Basins, Fish Tanks, Soil-Free Plant Bed, Rearing Tanks, Aquaponic Produce, Other Components 2) By Equipment: Grow Lights, Pump And Valves, Water Heaters, Water Quality Testing, Fish Pump Systems, Aeration System, Other Equipments 3) By Growing Mechanism: Deep Water Culture (DWC), Nutrient Film Technique (NFT), Media Filled Grow Beds, Application Aquaponics 4) By Produce: Fish, Fruits, Vegetables, Herbs 5) By Application: Commercial, Home Production, Research And Education The aquaponics market size has grown rapidly in recent years. It will grow from $1.29 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to environmental sustainability, rising urbanization, consumer demand for organic produce, rising concerns about chemical pesticide use, government subsidies and incentives. The aquaponics market size is expected to see rapid growth in the next few years. It will grow to $2.11 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to climate change impacts, increasing global population, regulatory support for sustainable farming practices, shifting dietary preferences towards healthier options, rising awareness of food miles and carbon footprint. Major trends in the forecast period include expansion of aquaponic systems in commercial agriculture, development of integrated aquaponics-fisheries systems, customization of aquaponic systems for niche markets, integration of renewable energy sources in aquaponic setups, utilization of blockchain technology for traceability and transparency.

Growing Reduction In Arable Land Drives Aquaponics Market For Sustainability

The growing reduction in arable land areas is expected to drive the growth of the aquaponics market going forward. Arable land areas refer to expanses of land suitable for growing crops, typically characterized by fertile soil and favorable environmental conditions. The reduction in arable land areas is due to urbanization, soil degradation, and land conversion for non-agricultural purposes. Aquaponics plays a role in mitigating arable land areas by enabling efficient cultivation of crops in limited space, utilizing vertical farming techniques, and integrating aquaculture with hydroponics for sustainable agriculture practices. For instance, in November 2023, according to the statistics published by the Department for Environment, Food & Rural Affairs, a UK-based government ministerial department, the total area of arable crops in England decreased by 1.3% decrease between 2022 and 2023, falling to just under 3.7 million hectares, while the total area of cereal crops decreased by 3.0% to just under 2.6 million hectares. Therefore, the growing reduction in arable land areas drives the aquaponics market. Major companies operating in the aquaponics market are Hydrofarm, AquaCal, Stuppy Greenhouse, Greenlife Crop Protection Africa, AquaBioTech Group, Red Ewald, Portable Farms Aquaponics Systems, Lucky Clays Fresh, Practical Aquaponics, FUTURE FARMING, Pentair Aquatic Eco-System Inc., Aquatic Network, Nelson & Pade Aquaponics, AquaSprouts, ECF Farmsystems GmbH, Ichthys Aquaponics, Symbiotic Aquaponic LLC, The Aquaponic Source, Endless Food Systems, The Urban Farming Guys, Aponic Ltd., NutraPonics, Gothic Arch Greenhouses, FriendlyAquaponics, ECOLIFE Conservation.

Major Companies Are Expanding The Aquaponics Market For Restaurants Through Strategic Investments

Major companies are investing in the companies operating in the aquaponics market to grow operations targeting the restaurant industry. Strategic investments help the aquaponics market by providing essential capital for technological advancements, infrastructure development, and scaling operations, thereby enhancing efficiency and market reach. For instance, in October 2023, The Circle, an Italy-based aquaponic agricultural company, launched a $0.0022 billion expansion plan. This investment will increase production and processing, develop a cutting-edge technological transformation center, and leverage intellectual property for enhanced efficiency and scalability, all while focusing on sustainability. Led by Opes Italia with previous financing from Invitalia, this investment supports the expansion of operations and contributes to the growth of the aquaponics market by increasing the availability of sustainable products and driving technological advancements.

Cannaray Limited Merges With Aqualitas Inc. For Global Aquaponic Cannabis Dominance

In March 2024, Cannaray Limited, a UK-based cannabis company, merged with Aqualitas Inc. for an undisclosed amount. This merger combines exclusive aquaponics growing techniques, Clean Green Certified organic products, acclaimed cannabis strains, vertical integration, worldwide distribution channels, and extensive research and innovation capabilities. Aqualitas Inc. is a Canada-based aquaponic cannabis company. North America was the largest region in the aquaponics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aquaponics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aquaponics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The aquaponics market consists of revenues earned by entities by providing services such as system design consultancy, training workshops, maintenance services, feasibility studies, and educational programs. The market value includes the value of related goods sold by the service provider or included within the service offering. The aquaponics market also includes sales of aquaponic gardening kits, aquaponic fish feed, automated aquaponic monitoring systems, and aquaponic greenhouse structures. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aquaponics market research report is one of a series of new reports from The Business Research Company that provides aquaponics market statistics, including the aquaponics industry global market size, regional shares, competitors with aquaponics market share, detailed aquaponics market segments, market trends, and opportunities, and any further data you may need to thrive in the aquaponics industry. These aquaponics market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Bionematicides Market Definition And Segments

Bionematicides are biological products derived from microorganisms such as fungi and bacteria and act as bio-controlling agents against plant-parasitic nematodes. These microorganisms can capture, parasitize, disorient, and even paralyze nematodes at different stages of their development, providing a natural and environmentally friendly means of nematode control. The main types of bionematicides are microbial and biochemical. Microbial bionematicides are a type of bionematicide that utilizes naturally occurring microorganisms, such as bacteria, fungi, or protozoa, to control nematodes and promote plant health. It is available in forms such as dry bionematicides, and liquid bionematicides, for crops including cotton, corn, soybean, fruits and vegetables, and others. Various applications are foliar spray, soil treatment, seed treatment, and others. The bionematicides market covered in this report is segmented – 1) By Type: Microbials, Biochemical 2) By Form: Dry Bionematicides, Liquid Bionematicides 3) By Crop: Cotton, Corn, Soybean, Fruits And Vegetables, Other Crops 4) By Application: Foliar Spray, Soil Treatment, Seed Treatment, Others Applications The bionematicides market size has grown rapidly in recent years. It will grow from $0.41 billion in 2023 to $0.47 billion in 2024 at a compound annual growth rate (CAGR) of 14.4%. The growth in the historic period can be attributed to increased awareness of environmental impacts from chemical pesticides spurred the shift towards biological solutions, advancements in microbial technology facilitated the production of effective bionematicides, regulatory pressures and bans on certain chemical nematicides accelerated the market for biological alternatives, and rising consumer demand for organic produce. The bionematicides market size is expected to see rapid growth in the next few years. It will grow to $0.81 billion in 2028 at a compound annual growth rate (CAGR) of 14.5%. The growth in the forecast period can be attributed to increased adoption of sustainable farming practices, expansion of commercial agriculture in emerging markets led to greater use of biological solutions, collaborations between biotech companies and agricultural institutions, integration of biocontrol agents into crop protection strategies, and heightened focus on soil health and microbiome management. Major trends in the forecast period include a surge in demand for environmentally friendly solutions, prompting significant innovation in bio-based formulations, biotechnology integration, increased adoption of preventive nematode management strategies, and sustainable agricultural practices.

Rising Greenhouse Farming To Boost Bionematicides Market Growth

The increasing adoption of greenhouse farming is expected to propel the growth of the bionematicides market going forward. Greenhouse farming refers to cultivating crops in protected structures that are either fully or partially covered by transparent materials. Greenhouse farming is rising due to its ability to enhance crop yields and ensure year-round production regardless of external climate conditions. Bionematicides offer a solution for managing plant-parasitic nematodes (PPNs) in greenhouse farming, providing a sustainable and environmentally friendly alternative to chemical nematicides. For instance, in October 2023, according to Agriculture and Agri-Food Canada, a Canada-based department of the Government of Canada responsible for the federal regulation of agriculture, Canada saw 934 commercial greenhouse vegetable operations, yielding 752,685 metric tons of vegetables in 2022, which was a 5% rise in operations and a 7% increase in production compared to 2021. Therefore, the increasing adoption of greenhouse farming is expected to drive the growth of the bionematicides market. Major companies operating in the bionematicides market are BASF SE, Bayer AG, Syngenta AG, Corteva Agriscience, UPL Limited, FMC Corporation, Adama Agricultural Solutions Ltd., Novozymes A/S, Nufarm Limited, Chr. Hansen Holding A/S, Brandt, Isagro S.p.A., Koppert Biological Systems, T. Stanes and Company Limited, Certis USA LLC, Valent BioSciences Corporation, Marrone Bio Innovations Inc., The Real IPM Company, Andermatt Biocontrol AG, Bioworks Inc., Bio Huma Netics Inc., Horizon Agrotech

Innovative Products In The Bionematicides Market

Major companies operating in the bionematicides market are developing innovative products, such as plant-parasitic nematicide, to better serve customers with advanced features. A plant-parasitic nematicide refers to a type of pesticide specifically designed to target and control plant-parasitic nematodes, which are microscopic roundworms that parasitize plants and cause significant damage to crops. For instance, in September 2023, Corteva Inc., a US-based agriculture chemical company, launched Reklemel Active, a new nematicide to help protect a wide variety of food and row crops from plant-parasitic nematode damage without disrupting the healthy balance of beneficial organisms in the soil. It is one of the first new active ingredients to be registered under the EPA's updated policy, incorporating Endangered Species Act assessments into the pesticide registration process.

CBC Europe Acquired Ecospray Ltd. To Open A New Formulations Plant

In July 2023, CBC Europe Srl., an Italy-based international trade and development company, acquired a stake in Ecospray Ltd. for an undisclosed amount. This acquisition enabled Ecospray Ltd. to strengthen CBC Europe's position in the biocontrol market and expand its product offerings. Ecospray Ltd. is a UK-based biopesticide company that specializes in providing bionematicides. North America was the largest region in the bionematicides market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bionematicides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bionematicides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The bionematicides market consists of sales of bacillus-based bionematicides, paecilimyes, and lilacinus-based bionematicides. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The bionematicides market research report is one of a series of new reports from The Business Research Company that provides bionematicides market statistics, including the bionematicides industry global market size, regional shares, competitors with the bionematicides market share, detailed bionematicides market segments, market trends, and opportunities, and any further data you may need to thrive in the bionematicides industry. These bionematicides market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Agricultural Chelates Market Definition

Agricultural chelates are specialized chemical compounds used extensively in agriculture to enhance the availability of essential nutrients to plants, particularly micronutrients like iron, zinc, manganese and copper. These chelates form stable complexes with metal ions, preventing them from precipitating in the soil and allowing for easier uptake by plant roots. This increased bioavailability of nutrients is critical in promoting healthy plant growth and maximizing crop yields, especially in soils with high pH levels where micronutrient availability is typically reduced. The agricultural chelates market consists of sales, by entities (organizations, sole traders and partnerships), of agricultural chelates products that are used across various agricultural settings, from small-scale farms to large agricultural operations. They are particularly useful in intensive farming systems where crop nutrition needs to be precisely managed to ensure optimal growth conditions. Agricultural chelates are used not only to correct nutrient deficiencies but also as a preventive measure in crop management strategies. They find applications in a range of environments including open fields, protected agriculture settings like greenhouses and in hydroponic systems where soil-less farming requires precise nutrient management.

Blueberries Market Definition And Segments

Blueberries are small, round, purple-blue fruits that grow on shrubs of the genus Vaccinium, known for their sweet-tart flavor and high nutritional value. These are used in a variety of culinary applications, including smoothies, baked goods, jams, and salads, or eaten fresh as a nutritious snack. The main types of blueberries are frozen blueberries, dried blueberries, blueberry juice concentrate, blueberry puree, and others. Frozen blueberries are fresh blueberries that have been preserved through freezing, retaining their taste and nutritional value for longer periods. The distribution channels include supermarkets, convenience stores, online channels, and others for end users such as business-to-business (B2B), sauces and dressings, bakery and confectionery, snacks and savory products, ice creams, beverages, and others. The blueberries market covered in this report is segmented – 1) By Type: Frozen Blueberry, Dried Blueberry, Blueberry Juice Concentrate, Blueberry Puree, Other Types 2) By Distribution Channel: Super Markets, Convenience Stores, Online Channels, Other Distribution Channels 3) By End-User: Business To Business (B2B), Sauces And Dressings, Bakery And Confectionery, Snacks And Savory Products, Ice Creams, Beverages, Other End-Users The blueberries market size has grown strongly in recent years. It will grow from $8.73 billion in 2023 to $9.25 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to growing consumer awareness of health benefits, the expansion of blueberry cultivation areas, increased demand from the food processing industry, the rise of blueberry-containing products, and the and the growing popularity of blueberry-based desserts. The blueberries market size is expected to see strong growth in the next few years. It will grow to $5.93 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to shift towards sustainable farming practices, changing dietary preferences towards plant-based foods, regulatory changes impacting production and distribution, integration of blueberries into functional foods and beverages, climate change affecting cultivation patterns. Major trends in the forecast period include increased focus on value-added blueberry products, emergence of premium blueberry varieties, adoption of blockchain technology for supply chain transparency, customization of blueberry products for specific consumer demographics, collaboration between growers and chefs for culinary innovation.

Healthy Beverage Consumption Boosts Blueberries Market

The increasing consumption of healthy beverages is expected to propel the growth of the blueberries market going forward. Healthy beverages provide beneficial nutrients and contribute to overall health and well-being. Blueberries are often used as ingredients in healthy beverages such as smoothies, juices, and teas due to their nutritional value and antioxidant properties. For instance, in 2021, according to the Government of Canada, a Canada-based government agency, the metric tons production of Lowbush blueberries in 2021 was 73,773, which increased to 110,132 in 2022. Therefore, the increasing consumption of healthy beverages drives the blueberries market. Major companies operating in the blueberries market are Nestle S.A, United Natural Foods Inc., The Kraft Heinz Company, General Mills Inc., WK Kellogg Co, Conagra Brands Inc., The Hershey Company, Campbell Soup Company, Dole plc, Ingredion Incorporated, J.R. Simplot Co., Fresh Del Monte Produce Inc., AGRANA Beteiligungs AG, Döhler GmbH, The Hain Celestial Group Inc., Seneca Foods Corporation, Ardo NV, Sensient Technologies, Hortifrut, SunOpta Inc., Earthbound Farm, Naturex, Driscoll's Inc., Scenic Fruit Company, Bio-Botanica Inc., Harbin Gaotai Food Co. Ltd., Sun World International LLC, FutureCeuticals

Premium Varieties Advancing The Blueberry Market

Major companies operating in the blueberry market are innovating value-added and high-quality cultivars with enhanced flavor profiles such as premium blueberry varieties, to develop highly productive blueberries to capture value and differentiate themselves in a competitive market landscape. Premium blueberry varieties are distinguished by their superior quality, taste, and characteristics, often commanding higher prices in the market due to their exceptional attributes. For instance, in February 2024, Inka's Berries, a Peru-based fresh blueberry development and production company, launched the Abril Blue+ and Alessia Blue+ varieties. This launch boasts robustness, resilience, exceptional flavor, a long post-harvest shelf life, large caliber, and sweetness. Their introduction showcases Inka's Berries' commitment to innovation, addressing market demands, and tackling climate change challenges, thus potentially reshaping the blueberry market with enhanced productivity, quality, and climate resilience.

Global Expansion And Product Diversification In The Blueberries Market

In March 2024, Unifrutti Group, a UAE-based fruit and vegetable import or export company, acquired Bomarea S.R.L. and AvoAmerica Peru for an undisclosed amount. Unifrutti Group's acquisition of Bomarea and AvoAmerica Peru is to strengthen its global multi-fruit platform further. This acquisition will enhance Unifrutti's presence in Peru and enrich its multi-fruit portfolio with premium blueberries and avocados. Bomarea S.R.L. is a Peruvian-based producer of premium blueberry varieties, and AvoAmerica Peru is a Peruvian-based company specializing in avocado and blueberry production. North America was the largest region in the blueberries market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blueberries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the blueberries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The blueberries market consists of sales of blueberry jam, blueberry yogurt, blueberry cereal bars, blueberry-flavored sparkling water, blueberry skincare products, blueberry supplements, and blueberry-flavored tea. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The blueberries market research report is one of a series of new reports from The Business Research Company that provides blueberries market statistics, including blueberries industry global market size, regional shares, competitors with a blueberries market share, detailed blueberries market segments, market trends and opportunities, and any further data you may need to thrive in the blueberries industry. This blueberries 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.

Agriculture Imaging Sensor Market Definition And Segments

Agriculture imaging sensors refer to specialized equipment used in the agricultural sector to collect visible, near-infrared, multispectral, and hyperspectral images. These sensors are essential to contemporary farming methods because they offer useful information and insights that assist farmers in increasing crop yield, lowering input costs, and enhancing sustainability. The main product types of agriculture imaging sensors are red, green, and blue sensors, hyperspectral sensors, multispectral sensors, and others. Multispectral refers to these sensors' ability to gather data in numerous (typically several) unique spectral bands, allowing for the investigation of a variety of surface aspects and qualities. These are used in various applications such as dairy management, soil management, climate management, water management, smart green houses, and others, by several end users such as agriculture robot manufacturers, agriculture drone manufacturers, livestock monitoring equipment manufacturers, and others. The agriculture imaging sensor market covered in this report is segmented – 1) By Product: Red, Green, Blue Sensor, Hyperspectral Sensor, Multispectral Sensor, Other Products 2) By Application: Dairy Management, Soil Management, Climate Management, Water Management, Smart Green House, Other Applications 3) By End User: Agriculture Robot Manufacturer, Agriculture Drone Manufacturer, Livestock Monitoring Equipment Manufacturer, Other End Users The agriculture imaging sensor market size has grown rapidly in recent years. It will grow from $1.09 billion in 2023 to $1.24 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to increased demand for data-driven decision-making, global food security concerns, and integration with digital agriculture platforms. The agriculture imaging sensor market size is expected to see rapid growth in the next few years. It will grow to $2.11 billion in 2028 at a compound annual growth rate (CAGR) of 14.2%. The growth in the forecast period can be attributed to expansion of precision agriculture practices, demand for sustainable agriculture solutions, digital transformation in agriculture, and rapid urbanization and land use changes. Major trends in the forecast period include integration with AI and machine learning, drone-based sensing solutions, cloud-based data management and analytics, focus on sustainability and climate resilience, and emerging applications in agtech.

The Role Of Precision Agriculture In Driving Agriculture Imaging Sensor Market Growth

The increasing adoption of precision agriculture is expected to propel the growth of the agriculture imaging sensor market going forward. Precision agriculture refers to the application of cutting-edge technology and data analytics to agricultural production management to optimize crop yield through precise management. The adoption of precision agriculture is increasing due to several factors, including the growing demand for food and agricultural products caused by an increasing world population. Agricultural imaging sensors play a significant role in facilitating precision agriculture by furnishing farmers with immediate, comprehensive field data, empowering informed decision-making, and enhancing resource management efficiency. For instance, in August 2023, according to GeoPard Agriculture, a Germany-based developer of an agriculture analytics platform, the adoption of precision agriculture practices experienced gradual growth, starting at 25% in 2021 and subsequently rising to 27% in 2022. Therefore, the increasing adoption of precision agriculture is driving the growth of the agriculture imaging sensor market. Major companies operating in the agriculture imaging sensor market report are Topcon Corporation; BASF SE; Bayer AG; Deere & Company; Honeywell International Inc.; Syngenta Group; Yara International ASA; CNH Industrial; Kubota Corporation; Corteva Agriscience; AGCO Corporation; Teledyne Technologies Incorporated; Trimble Inc.; FLIR Systems Inc.; Raven Industries; The Climate Corporation; Parrot SA; Ag Leader Technology; Taranis; Sentera Inc.; Farmers Edge Inc.; PrecisionHawk; MicaSense Inc.; Agribotix LLC; Slantrange Inc.

Innovative Solutions Transforming Precision Orchard Management

Major companies operating in the agriculture imaging sensor market are focusing on developing innovative solutions such as tractor-mounted sensors, to gain a competitive edge in the market. A tractor-mounted sensor in agriculture imaging refers to a specialized device or piece of equipment that is attached to a tractor to collect various types of data and imagery related to agricultural fields and crops. For instance, in October 2023, Aurea Imaging, a Netherlands-based crop intelligence firm, launched TMS TreeScout to revolutionize precision orchard management by introducing the world's first fully integrated tractor-mounted sensor powered by AI and 3D computer vision technology. TMS TreeScout is a groundbreaking solution developed by Aurea Imaging for precision orchard management. This innovative system integrates AI and 3D computer vision technology to provide fruit growers with advanced capabilities such as tree scanning, blossom mapping, vigor scoring, and precision thinning.

CropX Expands AgTech Portfolio With Acquisition Of Dacom Farm Intelligence

In August 2021, CropX, an Israel-based agricultural analytics company, acquired Dacom Farm Intelligence for an undisclosed amount. The acquisition of Dacom aligns with CropX's vision of providing comprehensive farm management solutions, combining active irrigation technology, self-calibrating moisture and chemical sensors, soil data, fertilizer management, and crop protection capabilities. Dacom Farm Intelligence is a Netherlands-based company that provides agricultural sensors and software designed to optimize crop quality. North America was the largest region in the agriculture imaging sensor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agriculture imaging sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the agriculture imaging sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The agriculture imaging sensor market consists of revenues earned by entities by providing services such as data processing and analysis, crop health monitoring, yield prediction and forecasting, and training and education. The market value includes the value of related goods sold by the service provider or included within the service offering. The agriculture imaging sensors market also includes sales of products including multispectral cameras, lidar sensors, and drones. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The agriculture imaging sensor market research report is one of a series of new reports from The Business Research Company that provides agriculture imaging sensor market statistics, including agriculture imaging sensor industry global market size, regional shares, competitors with an agriculture imaging sensor market share, detailed agriculture imaging sensor market segments, market trends, and opportunities, and any further data you may need to thrive in the agriculture imaging sensor industry. This agriculture imaging sensor 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.

AI In Livestock Farming Market Definition And Segments

AI in livestock farming refers to advance process that incorporate artificial intelligence technologies into agricultural operations to improve productivity, animal welfare, and operational efficiency. This encompasses the use of machine learning algorithms for data analysis, automated monitoring systems, and predictive analytics for effective herd management. The main types of components in AI in livestock farming are solutions, software, apps, internet of things sensors, and services. The solution segment refers to comprehensive packages or systems provided by AI technology companies to address specific challenges or needs within the industry. The various technologies include computer vision, machine learning, and predictive analysis. These are used in various applications such as real-time livestock behavior monitoring, healthcare and disease monitoring, livestock feed and water monitoring, livestock control and fencing management, and livestock production management, and also by various end-users such as small and medium-sized farms, and large-sized farms. The AI in livestock farming market covered in this report is segmented – 1) By Component: Solution, Software, App, Internet of Things Sensors, Service 2) By Technology: Computer Vision, Machine Learning, Predictive Analysis 3) By Application: Real-Time Livestock Behavior Monitoring, Healthcare And Disease Monitoring, Livestock Feed And Water Monitoring, Livestock Control And Fencing Management, Livestock Production Management 4) By End-User: Small And Medium-Sized Farms, Large Sized Farms The AI in livestock farming market size has grown exponentially in recent years. It will grow from $0.37 billion in 2023 to $0.47 billion in 2024 at a compound annual growth rate (CAGR) of 26.7%. The growth in the historic period can be attributed to increasing industrialization, rising demand for protein, growing land scarcity, rising environmental awareness, rising urbanization. The AI in livestock farming market size is expected to see exponential growth in the next few years. It will grow to $1.22 billion in 2028 at a compound annual growth rate (CAGR) of 26.9%. The growth in the forecast period can be attributed to increasing adoption of precision agriculture, increasing need for resource efficiency, increasing complexity of supply chains, growing focus on disease prevention and biosecurity, rising labor costs. Major trends in the forecast period include technological advancements, artificial intelligence, farm automation, precision livestock farming, animal breeding technologies, health monitoring wearable, genomic selection.

Rising Demand For Livestock Products Ignites Growth In AI Farming Solutions

The increasing demand for livestock products is expected to propel the growth of AI in the livestock farming market going forward. Livestock products encompass a range of items such as meat, dairy, eggs, and other commodities obtained from animals bred for agricultural use. AI technologies enable farmers to collect, analyze, and interpret large volumes of data from various sources such as sensors, drones, and satellite imagery. This data can be used to make informed decisions about animal health, nutrition, breeding, and management practices, improving productivity and efficiency. For instance, in March 2023, according to the Australian Bureau of Statistics, an Australia-based government agency, lamb meat increased to 121.8 tons in 2021. Further, it surged to 125.6 tons in 2022, indicating a growing upward trend. Therefore, the increasing demand for livestock products is driving the growth of AI in the livestock farming market. Major companies operating in the AI in livestock farming market report are Zoetis Inc.; Rex Animal Health Inc.; DeLaval International AB; Sentera LLC; Afimilk Ltd.; Actility SA; PrecisionHawk Inc.; Allflex Group; AgriWebb Holdings Pty Ltd.; Quantified AG; H2Oalert Inc.; Faromatics S.L.; FarrPro Inc.; SwineTech Inc.; Agersens Limited; Connecterra B.V.; Cainthus Corporation; Vence Corporation; BinSentry Inc.; Octopus Robots; Livestock Labs Inc.; BovControl; SomaDetect Inc.; Moocall Ltd.; Simple Ag Solutions

Next Frontier In Livestock Health And Productivity Enhancement

Major companies in the AI livestock farming market are developing intelligent solutions such as generative AI programs to enhance productivity and efficiency in animal husbandry. Generative AI program for animal husbandry is designed to provide solutions for the veterinary, dairy, and animal husbandry industries, which are crucial sectors for food production and animal welfare. For instance, in December 2022, eVerse.AI, a US-based technology company, launched CowGPT, the first generative AI program created especially for the veterinary, dairy, and animal husbandry industries. The generative AI technology employed in CowGPT can generate highly realistic and complex contents that imitate human creativity, making it a valuable tool for these industries.

GEA Group AG Expands Portfolio With CattleEye Acquisition For Livestock Welfare

In March 2024, GEA Group AG, a Germany-based engineering company, acquired CattleEye for an undisclosed amount. With this acquisition, GEA integrates a cutting-edge artificial intelligence system into its offerings, targeting animal health and welfare enhancements within dairy operations. CattleEye is an Ireland-based livestock technology company that develops new AI solutions for livestock management, health monitoring, and welfare enhancement. North America was the largest region in the AI in livestock farming market in 2023. The regions covered in the AI in livestock farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the AI in livestock farming market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The AI in the livestock farming market consists of revenues earned by entities providing services such as animal welfare assessment, supply chain optimization, and training and consulting services. The market value includes the value of related goods sold by the service provider or included within the service offering. The AI in the livestock farming market also includes sales of AI-powered monitoring devices, predictive analytics software, and precision feeding systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The AI In livestock farming market research report is one of a series of new reports from The Business Research Company that provides AI In livestock farming market statistics, including AI In livestock farming industry global market size, regional shares, competitors with AI In livestock farming market share, detailed AI In livestock farming market segments, market trends, and opportunities, and any further data you may need to thrive in the AI In livestock farming industry. This AI In livestock farming market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industrt

AI In Precision Farming Market Definition And Segments

AI in precision farming refers to the incorporation of artificial intelligence (AI) technologies into agricultural processes in order to maximize crop yield, reduce resource consumption, and increase overall farm efficiency. It is used to enable farmers to make data-driven decisions that enhance productivity, sustainability, and profitability. The main types of AI in precision farming encompass machine learning, computer vision, and others. Machine learning refers to a branch of artificial intelligence that enables systems to automatically learn and improve from experience without being explicitly programmed by analyzing data and identifying patterns to make predictions or decisions. It is offered in various forms, including hardware, software, AI-as-a-service, and services, for various applications such as experimental study, farm management, private planting, and others. The AI in precision farming market covered in this report is segmented – 1) By Type: Machine Learning, Computer Vision, Other Types 2) By Offering: Hardware, Software, AI-as-a-Service, Service 3) By Application: Experimental Study, Farm Management, Private Planting, Other Applications The AI in precision farming market size has grown rapidly in recent years. It will grow from $0.66 billion in 2023 to $0.78 billion in 2024 at a compound annual growth rate (CAGR) of 19.5%. The growth in the historic period can be attributed to the evolution of AI algorithms, increased demand for food production, cost reduction, environmental sustainability, and government support and subsidies. The AI in precision farming market size is expected to see exponential growth in the next few years. It will grow to $1.63 billion in 2028 at a compound annual growth rate (CAGR) of 20.0%. The growth in the forecast period can be attributed to the adoption of IoT devices, rising environmental concerns, increasing demand for sustainable agriculture, a shift towards smart farming systems, and demand for quality and traceability. Major trends in the forecast period include integration with robotics, tools for crop monitoring, adoption of AI for supply chain optimization, technology-driven precision irrigation systems, and the emergence of decision support systems.

The Growth Of The AI In Precision Farming Market Is Being Propelled By The Limited Availability Of Arable Land

The limited availability of arable land is expected to propel the growth of the AI in precision farming market going forward. Arable land refers to land that is suitable for agricultural cultivation, specifically for growing crops. There is limited availability of arable land due to several factors, including urbanization, soil degradation, and climate change pressures. AI in precision farming addresses the challenges of limited arable land by optimizing resource usage and enhancing crop productivity through data-driven decisions and targeted interventions. For instance, in February 2022, according to the United States Department of Agriculture, a US-based federal agency, the United States had an estimated 2,012,050 farms in 2021, reflecting a decrease of 6,950 farms from the previous year. Additionally, the total land in farms amounted to 895,300,000 acres, marking a decline of 1,300,000 acres compared to 2020. Therefore, the limited availability of arable land is driving the growth of the AI in precision farming market. Major companies operating in the AI in precision farming market report are Microsoft Corporation; Robert Bosch GmbH; Intel Corporation; International Business Machines Corporation; Bayer AG; Deere & Company; SAP SE; Yara International ASA; DTN LLC; FarmWise Labs Inc.; Taranis Visual Ltd.; Blue River Technology Inc.; Agworld Inc.; Ceres Imaging Inc.; PrecisionHawk Inc.; FarmLogs Inc.; Prospera Technologies Ltd.; Arable Labs Inc.; Agribotix LLC; Resson Aerospace Corporation

Strategic Partnerships Driving AI In Precision Farming

Major companies operating in AI in the precision farming market are focused on forming strategic partnerships to gain a competitive edge in the market. These partnerships play a crucial role in advancing AI in precision farming by leveraging the strengths and resources of multiple organizations to develop innovative solutions, scale adoption, and address key challenges in agriculture. For instance, in March 2022, Sway AI, a US-based developer of no-code artificial intelligence applications, partnered with Trilogy Networks, a US-based agriculture technology company, to enable AI technology for precision farming. Through this partnership, Sway AI joined the Rural Cloud Initiative (RCI), a network and edge innovation group dedicated to supporting and accelerating rural America's digital transformation. This collaboration will result in a comprehensive AI-enabled precision agriculture solution for farmers. To address the rising industry issue of data fragmentation, Sway AI and Trilogy Networks formed a collaboration to combine information and improve decision-making throughout the whole production process.

GEA Group AG Acquires CattleEye Ltd. To Enhance AI Solutions For Dairy Farming

In March 2024, GEA Group AG, a Germany-based industrial machinery company, acquired CattleEye Ltd. for an undisclosed amount. With this acquisition, GEA strengthened its portfolio by integrating CattleEye's advanced AI solution for early detection of lameness in dairy cows, further solidifying its commitment to improving animal health and welfare as part of its Next Generation Farming strategy. CattleEye Ltd. is a UK-based agricultural software company that develops artificial intelligence (AI) solutions for precision farming, specifically for the dairy farming industry. North America was the largest region in the AI in precision farming market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the AI in precision farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the AI in precision farming market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The AI in precision farming market consists of revenues earned by entities by providing services such as data analytics services, integration services, and telematics services. The market value includes the value of related goods sold by the service provider or included within the service offering. The AI in precision farming market also includes sales of sensors, drones with imaging systems, satellite imaging systems, automated farming equipment, and IoT devices used to increase agriculture productivity. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The AI in precision farming market research report is one of a series of new reports from The Business Research Company that provides AI in precision farming market statistics, including AI in precision farming industry global market size, regional shares, competitors with AI in precision farming market share, detailed AI in precision farming market segments, market trends, and opportunities, and any further data you may need to thrive in the AI in precision farming industry. This AI in precision farming 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.

Almonds Market Definition And Segments

Almonds are edible seeds harvested from the almond tree (Prunus dulcis), typically grown in warm temperate regions. They are highly nutritious and contain vitamins, minerals, protein, and healthy fats. Almonds are versatile and commonly consumed as a snack, added to dishes for flavor and texture, or processed into various products such as almond milk, butter, and flour. The main types of almonds are butte almonds, nonpareil almonds, sweet almonds, peerless almonds, green almonds, and others. Butter almonds refer to a kind of nut recognized for its rich and creamy texture, which is frequently utilized in recipes or eaten as a pleasant snack. These are sold through various distribution channels such as online, offline, and convenience stores, and are utilized in a variety of applications, mainly almond powder, almond oil, almond milk, chocolates, almond paste, almond flour, and cosmetic products. Almonds are used by several end users, including bakeries, pharmaceutical companies, dairy, home kitchens, and hotels or restaurants. The almonds market covered in this report is segmented – 1) By Type: Butte Almonds, Nonpareil Almond, Sweet Almond, Peerless Almond, Green Almond, Other Types 2) By Distribution Channel: Online, Offline, Convenience Stores 3) By Application: Almond Powder, Almond Oil, Almond Milk, Chocolates, Almond Paste, Almond Flour, Cosmetic Products 4) By End User: Bakery, Pharmaceutical Companies, Dairy, Home Kitchen, Hotel Or Restaurants The almonds market size has grown strongly in recent years. It will grow from $8.74 billion in 2023 to $9.26 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to Supply and demand dynamics, global trade policies and tariffs, crop yields and harvest trends, macroeconomic factors, health and nutrition trends, climate change and sustainability, and consumer trends and preferences. The almonds market size is expected to see strong growth in the next few years. It will grow to $11.84 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to global demand growth, trade policies, and market access, health and wellness trends, environmental sustainability, market competition, and product innovation. Major trends in the forecast period include the expansion of almond plantations, technological advancements in almond farming, sustainability initiatives and certification, product innovation and diversification, health and wellness trends, international trade dynamics, and consumer preferences for sustainable packaging.

Growing E-Commerce Penetration Fuels Growth In The Almonds Market

Growing penetration of e-commerce is expected to propel the growth of the almonds market going forward. E-commerce refers to the online business model facilitating the exchange of goods and services through the Internet. The growing penetration of e-commerce is driven by convenience, expanding internet access, and shifting consumer preferences towards online shopping. E-commerce facilitates convenient access to various almond products, catering to diverse consumer preferences and expanding market reach for almond sellers. This digital platform also enables direct-to-consumer sales, streamlining the distribution process and potentially increasing profit margins for almond producers. For instance, in February 2024, according to the United States Census Bureau, a US-based government agency, e-commerce sales were $1,118.7 billion in 2023, a 7.6% increase from 2022. Therefore, the growing penetration of e-commerce is driving the growth of the almonds market. Major companies operating in the almonds market report are The Archer-Daniels-Midland Company; Olam Group; The Hershey Company; Blue Diamond Growers; California Almonds; Wonderful Pistachios & Almonds LLC; HILLTOP RANCH INC; Mariani Nut Company; ALMONDCO AUSTRALIA; Harris Woolf Almonds; Treehouse California Almonds LLC; ROYAL NUT COMPANY; Select Harvests; Almond Ace; Waterford Nut Company; Sran Family Orchards; Harris Family Enterprises; Chico Nut Company; South Valley Farms; Western Nut Company; Jonny Almond Nut Company; RPAC LLC; Campos Brothers Farms; BAPU Almonds Company Inc.; JD ALMOND FARMS; Big Tree Organic Farms

Chocolate-Dipped Almonds Redefining The Almonds Market Landscape

Major companies operating in the almonds market are focusing on developing innovative products such as chocolate-dipped almonds, to gain a competitive edge in the market. Chocolate-dipped almonds are whole almonds coated in a layer of chocolate, typically dark, milk, or white chocolate. For instance, in June 2023, Blue Diamond Growers, a UK-based food company, launched Chocolate Thin Dipped Almonds, a new line of snack nuts. These chocolate-dipped almonds are entirely free of cholesterol, artificial flavors, and colors and contain 50% less sugar than regular chocolate-covered almonds. They come in two flavors double dark chocolate and dark chocolate sea salt caramel. Each dipped almond serving contains 170 calories and 5 grams of protein. Thin-dipped almonds are marketed as a smart choice for those who want to enjoy a sweet snack without guilt. The thin layer of chocolate enhances the natural crunch of the almonds, making them a delicious, sweet treat.

RPAC LLC Acquires Silver Creek Almonds Co. Inc. To Strengthen Its Presence And Product Portfolio

In January 2023, RPAC LLC, a US-based food manufacturing company, acquired Silver Creek Almonds Co. Inc. for an undisclosed amount. With this acquisition, RPAC LLC will expand its almond marketing reach, enhance its product offerings, and strengthen its market operations. Silver Creek Almonds Co. Inc. is a US-based producer of premium-quality almonds. North America was the largest region in the almonds market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the almonds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the almonds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The almonds market consists of sales of roasted almonds, marcona almonds, smoked almonds, raw almonds, and blanched almonds. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The almonds market research report is one of a series of new reports from The Business Research Company that provides almonds market statistics, including almonds industry global market size, regional shares, competitors with a almonds market share, detailed almonds market segments, market trends and opportunities, and any further data you may need to thrive in the almonds industry. This almonds 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.