Factoring Global Market Report 2023 – By Type (Recourse, Non-Recourse), (By Category: International, Domestic), By Organization Size (Small And Medium Enterprises, Large Enterprises), By Application (Transportation, Healthcare, Construction, Manufacturing, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Planting machines refer to any type of machinery, equipment and apparatus used for industrial activity. The main types of planting machines are planting machinery and fertilizing machinery. Planting machinery refers to an apparatus, equipment, machinery, pipelines, or telecommunication tower fixed to earth by foundation or structural support that are used for making outward supply and includes foundation and structural supports. The machinery used is seed drills, planters, air seeders, and other machinery. The designs are automatic and mechanical. The global planting machines market is segmented - 1) By Machinery: Seed Drill, Planters, Air Seeders, Other Machinery 2) By Design: Automatic, Mechanical 3) By Type: Planting Machinery, Fertilizing Machinery The global planting machines market size will grow from $47.28 billion in 2022 to $51.12 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global planting machines is expected to grow to $68.82 billion in 2027 at a CAGR of 7.7%. The workforce shortage in agriculture is expected to drive the growth of the planting machines market. An increase in urbanization followed by an increased high-level literacy rate has decreased the available personnel for farm work. For instance, as per the National Bureau of Statistics China, the rural population has substantially reduced by 23% in the past two decades. In July according to 2021 Farm Journal Labor Survey, as opposed to 30% in 2020, nearly two-thirds (66%) of respondents stated they had ""some"" or ""a lot of difficulty"" finding appropriate employees. According to the 2021 Farm Journal Labor Survey, it is more difficult to fill positions for most farm employers (87%), compared to ag retailers (91%). Major players in the planting machines market are AGCO Corp., Bourgault Industries Ltd., Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial NV, Deere & Co., ISEKI & Co. Ltd., Kubota Corp., Mahindra & Mahindra Ltd., and Yanmar Holdings Co. Ltd. Alternative food production methods are anticipated to hinder the planting machine market. New techniques like hydroponics, aeroponics, vertical farming, and lab-grown food have grown and are expected to grow more in the forecast period as an alternative to the traditional method of agriculture. For instance, Future Farms, a Chennai-based start-up reduced water consumption by 90% through hydroponic farms, while increasing yield by around four times. The high yield rate with less area and water, decrease in arable land, and water scarcity further propels the demand for alternative techniques which acts as a major restraint for the planting machines market’s growth. Major players operating in the market are focusing on introducing advanced technologies to decrease cost and boost production. The companies are introducing drones for planting seeds that address the labor shortage and also give higher productivity. For instance, in May 2020, XAG, a China-based company engaged in manufacturing agricultural drones launched a new drone for rice seeding, to relieve the shortage of labor in agriculture. Moreover, in September 2020, Dendra Systems, a manufacturer of global ecosystem restoration tools raised $10 million in Series A to restore the ecosystem by drone. In March 2020, Escorts Limited, a global Indian conglomerate, and automotive engineering corporation operating in Agri machinery, building & material handling, and railway equipment industries has acquired two crore equity shares of Kubota Agricultural Machinery from Kubota Corporation Japan for approximately $11.96 million (INR 90 crore). The acquisition aimed at expanding the product portfolio and geographical presence of Escorts Limited. Kubota Agricultural Machinery is a Japan-based agricultural equipment division of Kubota Corporation Japan that produces planting machines. The Asia-Pacific was the largest region in the planting machines market in 2022. North America was the second largest region in the global planting machines market share. The regions covered in the global planting machines market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the planting machines market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. Planting machines market consists of sales of precision planters (row crop), grain drills, broadcasters, potato planters, vegetable planters, and others. 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 planting machines market research report is one of a series of new reports from The Business Research Company that provides planting machines market statistics, including planting machines industry global market size, regional shares, competitors with a planting machines market share, detailed planting machines market segments, market trends and opportunities, and any further data you may need to thrive in the planting machines industry. This planting machines 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.

Indoor farming technology uses innovations to create an artificial environment inside a closed facility, speeding up plant growth and nutrient uptake compared to conventional farming. It entails using controlled growing and nutrition systems, LED illumination, and layering indoor plant growth. This type of agriculture has the benefits of using less land to raise more food and avoiding chemicals. The main types of indoor farming technology are fruits and vegetables, flowers and ornamentals, herbs and microgreens. Fruit is a seed plant's mature ovary, which is normally generated from a flower. Fruits contain seeds, which help to continue the reproductive cycle. A vegetable is an edible plant or portion of a plant that does not necessarily play a function in the reproduction cycle of the plant. These technologies have components such as hardware, software, services and integrated systems having facilities such as glass or poly greenhouses, indoor vertical farms, container farms, and indoor deep water culture systems. They are grown using aeroponics, aquaponics, and hybrid methods. The global indoor farming technology market is segmented – 1) By Crop Type: Fruits And Vegetables, Flowers And Ornamentals, Herbs And Microgreens 2) By Component: Hardware, Software And Services, Integrated Systems 3) By Facility Type: Glass or Poly Greenhouses, Indoor Vertical Farms, Container Farms, Indoor Deep Water Culture Systems 4) By Growing System: Aeroponics, Aquaponics, Hybrid The global indoor farming technology market size will grow from $29.35 billion in 2022 to $32.95 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The indoor farming technology market size is expected to grow to $53.31 billion in 2027 at a CAGR of 12.8%. The rising adoption of vertical farming of agriculture is likely to contribute the growth of the indoor farming technology market. Some of the main advantages of vertical farming are optimized crop growth, reduced water usage, minimal dependence on external weather conditions or temperatures, decreased labor costs, and better energy conservation. According to a forum, which is used for sharing farming experience, Europe is at a significant rise when it comes to vertical farming. Many countries compete to dominate this market, which results in the rise of many new farms. For instance, in the U.K., Jones Food Company producing around 400 tons of vegetables, such as kale, coriander, and radish, per year using vertical farming. The company has around 5000 square meters of space for vertical farm in Europe. Therefore, adoption of vertical farming is driving the growth for indoor farming technology. Major players in the indoor farming technology market are Advanced Nutrients, Agrilution GmbH, American Hydroponics, BrightFarms, General Hydroponics, Hydrodynamics International, Logiqs Vertical Farming, Netafim, Vertical Farm Systems, AeroFarms, Bowery Inc., Freight Farms, Metropolis Farms Inc., and Scotts Miracle Gro. Strategic partnerships are shaping the indoor farming technology market. The companies that operate in unified endpoint management are undergoing partnerships. For instance, in the year 2020, Sananbio and Hode AgTech announced a strategic partnership for indoor farming projects in Qatar. Sananbio is a joint venture by Sanan Optoelectronics, an LED manufacturer, and also the Institute of Botany of the Chinese Academy of Sciences, an institute in plant science. Hode AgTech is committed to the development and worldwide promotion of agricultural technologies. With this partnership, they commit to building indoor farms and labs in Qatar and to giving fresh nutritionally dense food to Qatar. In April 2021, a US-based indoor agriculture company, Aero farms had undergone a partnership with Hortifrut SA for an undisclosed amount. The Chile-based company primarily engaged in the production, distribution, import, and export of horticultural products a certified B corporation in Chile. The partnership will focus on the research and development of blueberry and cranberry production in fully controlled vertical farms and indoor environments. Hortifrut SA is a Chile-based production and marketing company for berries. North America was the largest region in the indoor farming technology market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the indoor farming technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the indoor farming technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The indoor farming technology market consists of revenues earned by entities by monitoring, analyzing, and adjusting climate conditions within greenhouses and indoor farms. The market value includes the value of related goods sold by the service provider or included within the service offering. The indoor farming technology market also includes sales of hydroponics, aeroponics, and aquaponics. 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 indoor farming technology market research report is one of a series of new reports from The Business Research Company that provides indoor farming technology market statistics, including indoor farming technology industry global market size, regional shares, competitors with a indoor farming technology market share, detailed indoor farming technology market segments, market trends and opportunities, and any further data you may need to thrive in the indoor farming technology industry. This indoor farming technology 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.

A commercial greenhouse refers to a greenhouse where crops are grown for commercial consumption. The main types of commercial greenhouses are glass greenhouses, and plastic greenhouses. Glass greenhouses are a beautiful glazing option and offer advantages such as better looks, flame-resistant, the maximum amount of natural light for plants, long-lasting, and easy to replace. Plastic or polycarbonate glazing is a premium choice for growers living in all kinds of climates and offers benefits such as light-weight, durability, and low maintenance. The equipment used in commercial greenhouses includes cooling systems, heating systems, and others. Commercial greenhouses are used for the cultivation of various crops such as fruits, vegetables, flowers & ornamentals, nursery crops, and others. The global commercial greenhouse market is segmented – 1) By Type: Glass Greenhouse, Plastic Greenhouse 2) By Equipment Type: Cooling Systems, Heating Systems, Other Equipment 3) By Crop Type: Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops, Other Crops The global commercial greenhouse market size will grow from $29.69 billion in 2022 to $32.97 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commercial greenhouse market size is expected to grow to $49.26 billion in 2027 at a CAGR of 10.6%. Increasing population and low availability of arable land are the key factors driving the growth of the commercial greenhouse market. The vine seed production in greenhouse farming is more than double that of conventional cultivation, attributed to regulated media and environmental conditions. For instance, in July 2022, according to a report published by the United Nations, the current world population stood at 7.9 billion in 2021, with projected increases to 8.5 billion in 2030, 9.7 billion in 2050, and 10.9 billion in 2100. In 2020, there will likely be between 720 and 811 million hungry people on the planet, and in 2030, 660 million people may still experience hunger. As a result, current arable land is under pressure to grow more food by using soil treatment devices. Thus, the situation of increasing food demand and decreasing arable land is expected to boost the growth of the commercial greenhouse market, which provides a better harvest both in terms of quality and quantity than the traditional methods. Major players in the commercial greenhouse market are Heliospectra, Nexus Corporation, Rough Brothers Inc., Agra Tech Inc., LumiGrow Inc., Logiqs B.V., Certhon - Greenhouse Solutions, Argus Control Systems Ltd., Richel Group, Hort Americas, International Greenhouse Company, Top Greenhouses, Poly-Tex Inc., Stuppy Greenhouse, The Glasshouse Company Pty Ltd., Omni Structures International, Europrogress, DeCloet Greenhouse, Luiten Greenhouses, DutchGreenhouses, Green Tek, and Texas Greenhouse Company Inc. Technological innovations such as artificial intelligence, automated irrigation systems, pH sensors, and climate control software are key trends gaining popularity in the commercial greenhouse market. Indoor farmers can use artificial intelligence, automatic irrigation systems, pH cameras, and climate change tools to solve problems including disease prevention and pest management. For instance, in April 2020, Yanmar Co., Ltd., a Japan based machine manufacturing company, launched Smart Greenhouse in collaboration with various companies. Smart Greenhouse is a creative project that was started in conjunction with businesses and their specialized knowledge to lighten the load on farmers and help them with stable production and dependable business. Depending on the type of crop and cultivar, users can adjust the growing environment's temperature, humidity, and water content to automatically control cultivation techniques. In March 2020, Israel-based Netafim, a company providing agriculture technology acquired Gakon Horticultural Projects, a Dutch greenhouse firm, for an undisclosed amount. The deal brings together Netafim's global footprint and precision agriculture experience with Gakon's greenhouse technology. The businesses will be able to extend their extensive greenhouse horticulture expertise and skills to new markets. Gakon Horticultural Projects is a greenhouse building company based in the USA that designs, manufactures, and constructs full greenhouse projects. Europe was the largest region in the commercial greenhouse market in 2022. North America is expected to witness the highest growth rate during the forecast period. The regions covered in the commercial greenhouse market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the commercial greenhouse market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The commercial greenhouse consists of sales of lean-to, detached, ridge and furrow greenhouse. 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 commercial greenhouse market research report is one of a series of new reports from The Business Research Company that provides commercial greenhouse market statistics, including commercial greenhouse industry global market size, regional shares, competitors with a commercial greenhouse market share, detailed commercial greenhouse market segments, market trends and opportunities, and any further data you may need to thrive in the commercial greenhouse industry. This commercial greenhouse 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.

Greenhouse, nursery, and flowers refers to wildlife management, farming, and ranching, as well as the associated historic, scientific research, cultural, and natural activities and attractions. The main types of greenhouse, nursery, and flowers are food crops grown undercover, and nursery and floriculture production. Nursery and floriculture production refers to the place where plants are grown for transplanting, for use as stock for budding and grafting, or for sale. Floriculture is an international, multi-billion dollar industry that will include the production of bedding and garden plants, foliage plants, potted flowering plants, cut flowers, cultivated greens, and floriculture materials. The various applications included agricultural products, ornamental plants, grown plants, consumer goods, and other applications. The end-users involved are B2B and B2C. The global greenhouse, nursery, and flowers market is segmented - 1) By Type: Food Crops Grown Under Cover, Nursery And Floriculture Production 2) By Application: Agricultural Products, Ornamental Plant, Grow Plants, Consumer Goods, Other Applications 3) By End-User: B2B, B2C The global greenhouse, nursery, and flowers market size grew from $459 billion in 2022 to $506.25 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global greenhouse, nursery, and flowers market is expected to grow to $726.96 billion in 2027 at a CAGR of 9.5%. The vertical farming process can increase productivity because of its ability to grow under artificial lights, with less water and less pesticides. Vertical farming is the practise of producing crops in vertically stacked layers or inclined surfaces with the help of controlled-environment agriculture technology. Vertical farming includes hydroponics, which uses 70% less water than traditional agriculture. Vertical farming gives the farming industry the ability to grow crops within urban environments and thus have fresher foods available faster and at lower costs. Major companies in the greenhouse, nursery, and flowers market include Domtar Corporation, Costa Group Holdings Ltd., Syngenta AG, Verso Corporation, Color Spot Nurseries, Altman Plants, Kurt Weiss Greenhouse, and Rocket Farms. The Asia-Pacific was the largest region in the greenhouse, nursery, and flowers market size in 2022. Western Europe was the second-largest region in the greenhouse, nursery, and flowers market. The regions covered in the global greenhouse, nursery, and flowers market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the greenhouse, nursery, and flowers 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 rural activities market consists of revenues earned by entities that undertake rural activities such as fishing (including commercial aquaculture) of finfish, shellfish, bluefish, eels, salmon, tuna, clams, crabs, lobsters, mussels, oysters, shrimp, frogs, sea urchins, and turtles; commercial hunting, operating commercial game preserves, such as game retreats and operating hunting preserves; produce or harvest forestry products and logs and are involved in growing, cutting and transporting timber, operations of the timber tract, growing trees for reforestation and collecting forest products such as gums, barks and fibers; dairy herd improvement activities, livestock spraying and sheep dipping and shearing, and/or perform support activities related to timber production, wood technology, forestry economics and marketing, forest protection, aerial crop dusting, farm management services, cotton ginning, planting crops, and vineyard cultivation services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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 greenhouse, nursery, and flowers market research report is one of a series of new reports from The Business Research Company that provides greenhouse, nursery, and flower market statistics, including greenhouse, nursery, and flower industry global market size; regional shares; competitors with a greenhouse, nursery, and flowers market share; detailed greenhouse, nursery, and flower market segments; market trends and opportunities; and any further data you may need to thrive in the greenhouse, nursery, and flower industry. This greenhouse, nursery, and flower 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.

Crop production is defined as the process of raising crops for domestic and commercial use. 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 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 The global crop production market size grew from $5,271.98 billion in 2022 to $5,813.66 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global crop production market is expected to grow to $8,483.55 billion in 2027 at a CAGR of 9.9%. 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 size in 2022. Western Europe was the second largest region in the crop production market. The regions covered in the global crop production analysis 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 crop production market consists of revenues earned by entities 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 in the same farms). 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 produce for further processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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 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.

Potting soil, commonly referred to as potting mix, is made up of many components that give potted plants a healthy environment. The purpose of these mixtures is to prevent the soil from becoming overly compacted, which can suffocate roots and obstruct the movement of water and nutrients. A premium potting soil is fluffier, lighter in weight, and able to retain moisture. The main types of premium potting soils are all-purpose potting soil, lawn and garden soil, and professional potting soil. All-purpose potting soil refers to soil that is made up of two parts: one part soil, one part compost, and one part of perlite, sand, or vermiculite. All-purpose potting soil minimises soil-borne diseases, pests, and weeds and is useful for all indoor and outdoor flowers, vegetables, trees, shrubs, and houseplants. The different types include soil without fertilizer, soil with fertilizer and are used in indoor gardening, greenhouse, and lawn and landscaping. The global premium potting soils market is segmented – 1) By Product: All-Purpose Potting Soil, Lawn and Garden Soil, Professional Potting Soil 2) By Type: Soil Without Fertilizer, Soil With Fertilizer 3) By Application: Indoor Gardening, Greenhouse, Lawn and Landscaping The global premium potting soils market size will grow from $1.65 billion in 2022 to $1.71 billion in 2023 at a compound annual growth rate (CAGR) of 3.1%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The premium potting soils market size is expected to grow to $1.94 billion in 2027 at a CAGR of 3.2%. Increasing greenhouse cultivation is expected to propel the growth of the premium potting soil market going forward. Greenhouse cultivation refers to a distinctive farming approach where crops are grown in protected areas that are covered in translucent or partially transparent materials. Premium potting soils are used more frequently in greenhouse culture because they comprise components that each serve a specific purpose in creating a growth medium for potted plants. For instance, in April 2022, according to Statistics Canada, the national statistical office of the Canadian government, sales of greenhouses rose by 8.3% over the previous year, reaching $3.8 billion in 2021. Therefore, increasing greenhouse cultivation is driving the growth of the premium potting soil market going forward. Major players in the premium potting soils market are Scotts Miracle-Gro, CreekSide, Sun Gro, ASB Greenworld, Klasmann-Deilmann, Michigan Peat, Vermicrop Organics, Lambert, FoxFarm, Espoma, Baccto, Rexius, Burpee, Walk GARDEN, and Growers Soil. Strategic partnerships have emerged as a key trend gaining popularity in the premium potting soil market. Major companies operating in the market are entering into partnerships to sustain their position in the premium potting soil market. For instance, in February 2020, Klasmann-Deilmann Group, a Germany-based manufacturer of premium potting soil, entered a strategic partnership with Shakti Cocos B.V. Through this partnership, Klasmann-Deilmann seeks to expand into new markets while securing its own supply of raw materials for substrate manufacture. Shakti Cocos B.V. is a Europe-based manufacturer of potting soils. In May 2021, CenterGate Capital, a US-based private equity firm, acquired the Mulch and Soil Company for an undisclosed amount. With this acquisition, CenterGate hopes to carry out The Mulch and Soil Company's goals for success and a compelling future. The Mulch and Soil Company is a US-based manufacturer and provider of premium potting soil. North America was the largest region in the premium potting soils market in 2022. The regions covered in the premium potting soils market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the premium potting soils market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The premium potting soils market consists of sales of potting soil mix, peat moss, boichar and others. 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 premium potting soils market research report is one of a series of new reports from The Business Research Company that provides premium potting soils market statistics, including premium potting soils industry global market size, regional shares, competitors with market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the premium potting soils industry. This premium potting soils 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 involves the cultivation of plants, and animal and bird rearing for food, fabrics, fibers, biofuel, medicinal and other products used to sustain and enhance human life. 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 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 global agriculture market size grew from $12,245.63 billion in 2022 to $13,398.79 billion in 2023 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global agriculture market is expected to grow to $19,007.8 billion in 2027 at a CAGR of 9.1%. 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. 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 outbreak of COVID-19 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. The Asia-Pacific was the largest region in the agriculture market size in 2022. North America was the second largest region in the agriculture market. The regions covered in the global agriculture industry 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 agriculture market consists of revenues earned by entities that produce milk, honey, meat, wool, egg, skin and hide, live animals, grain farming, oilseed farming, fruit and nut farming, vegetable farming, general crop farming, greenhouse, nursery, and flowers, and other agriculture products. The agriculture market also consists of revenues earned by entities by providing services such as fishing, hunting and trapping, forestry and logging, agriculture and forestry services, and other agriculture services. This market also includes horticulture and aquaculture. This market excludes proceeds from captive (internal) consumption of the agriculture and forest produce for further processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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 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.

Smart factories refer to factories where physical production processes and operations are combined with digital technology, smart computing, and big data to create a more opportunistic system for companies that are focusing on manufacturing automation and supply chain management. The main types of products in the smart factory market are machine vision systems, industrial robotics, control devices, sensors, communication technologies, and others. An industrial robot refers to a mechanical machine that is programmed to automatically perform production-related tasks in industrial environments. The different components include smart factory hardware, smart factory software and smart factory services and are employed in automotive, aerospace and defence, electrical and electronics, food and beverages, healthcare and pharmaceuticals, and other industry verticals. The global smart factory market is segmented - 1) By Product: Machine Vision Systems, Industrial Robotics, Control Devices, Sensors Communication Technologies, Other Products 2) By Component: Smart Factory Hardware, Smart Factory Software, Smart Factory Services 3) By Industry Vertical: Automotive, Aerospace and Defense, Electrical and Electronics, Food and Beverages, Energy and Utilities, Healthcare and Pharmaceuticals, Other Industry Verticals The global smart factory market size will grow from $70.44 billion in 2022 to $79.04 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart factory is expected to grow to $119.28 billion in 2027 at a CAGR of 10.8%. The growing demand for industrial robots is expected to propel the growth of the smart factory market going forward. Industrial robots refer to mechanical machines that are programmed to automatically perform production-related tasks in industrial environments. A smart factory focuses on the optimization and industrial automation of its resources, using tools such as information and smart sensor technologies, robotics, the internet of things, or artificial intelligence. For instance, in 2021, according to the International Federation of Robotics, a Germany-based non-profit organization, sales of new robots grew slightly by 0.5%, and robot installations are expected to rebound strongly and grow by 13%. Therefore, the growing demand for industrial robots is driving the smart factory market growth. Major players in the smart factory market are ABB, Emerson Electric Co, General Electric, Honeywell International Inc., IBM, Johnson Controls International PLC, Mitsubishi Electric Corporation, Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric, Siemens, Yokogawa Electric Corp., Cisco Systems Inc., Dassault Systèmes, Endress+Hauser AG, Kollmorgen, Kuka AG, Omron Corporation, and Oracle Corporation. Technology advancements are a key trend gaining popularity in the smart factory market. Major companies in the smart factory sector are using advanced technologies to improve the production process and achieve better efficiency. For instance, in 2021, Panasonic, a Japan-based company operating in smart factory solutions, launched the Miraie Pro factory platform, an Industrial IoT/smart factory solution developed indigenously at the company’s India Innovation Centre. Miraie pro factory uses new-age technologies such as Cloud, IoT, analytics, and mobile apps, to name a few, to manage end-to-end operations, resulting in enhanced production efficiency. By using this technology, manufacturing productivity can increase by 8–15%. In December 2021, Inpixon, a US-based indoor intelligence platform company, acquired IntraNav for an undisclosed amount. Through this acquisition, Inpixon is expected to expand its location intelligence and would also help in market expansion. Also, it would enable Inpixon with the fourth industrial revolution, commonly called Industry 4.0, which would help in the digitalization of the horizontal and vertical value chains through automation and data exchange, leveraging IoT and cloud computing. IntraNav is a Germany-based industrial automation startup that provides components for the smart factory. Asia-Pacific was the largest region in the smart factory market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart factory market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart factory market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The smart factory market consists of sales of blockchain manufacturing, the industrial internet of things, and asset management. 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 smart factory market research report is one of a series of new reports from The Business Research Company that provides smart factory market statistics, including global market size, regional shares, competitors with a smart factory market share, detailed smart factory market segments, market trends and opportunities, and any further data you may need to thrive in the smart factory industry. This smart factory 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.