Flower and Ornamental Plant Global Market Report 2023 – By Type (Potted Plants, Cut Flowers), By Distribution Channel (Offline, Online), By End Users (Commercial, Residential) – Market Size, Trends, And Global Forecast 2023-2032

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.

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.

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.

The seed coating materials refer to coating seeds with crop protection materials and some other non-chemical/biological products. Seed coating involves the application of exogenous materials to the surface of seeds to improve their appearance and handling characteristics, which can protect the seed against phytopathogens and increase germination and plant growth. These materials are used for improving shelf life along with seed performance and plant establishment. The main types of seed coating materials include bio-based coatings and synthetic coatings. Bio-based coating involves biological substances that are applied to the seed in powdered or liquid form. Bio-based coatings use active ingredients such as microbes like fungi and bacteria, as well as plant extracts and algae extracts. The different seed coating materials include polymers, colorants, pellets, minerals/pumice, and active ingredients. The seed coating material processes include film coating, encrusting, and pelleting, which are used for crop types such as cereals and grains, fruits and vegetables, flowers and ornamentals, oilseeds and pulses, and other crop types. The global seed coating materials market is segmented - 1) By Coating Type: Bio-based Coating, Synthetic Coating 2) By Material Type: Polymers, Colorants, Pellets, Minerals/Pumice, Active Ingredients 3) By Crop Type: Cereals and Grains; Fruits and Vegetables; Flowers and Ornamentals; Oilseeds and Pulses; Other Crop Types 4) By Process: Film Coating, Encrusting, Pelleting The global seed coating materials market size grew from $1.99 billion in 2022 to $2.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. 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 seed coating materials is expected to grow to $3.09 billion in 2027 at a CAGR of 9.2. The rapid growth of agriculture and allied sectors is contributing to the growth of the seed coating materials market. Seed coating is the application of external materials to the seed surface for the purpose of improving seed performance in the agriculture industry. In 2020-2021, the contribution of Indian agriculture and thus the allied sector was nearly $ 2.15 trillion.According to the U.S. Department of Agriculture, farm cash receipts are expected to increase by $29.3 billion to $461.9 billion in nominal dollars in 2022. Therefore, the rapid growth of agriculture and allied sectors is driving the growth of the seed coating materials market. Major players in the seed coating materials market are Bayer CropScience AG, BASF SE, Clariant International, Croda International, Incotec Group, Chromatech Incorporated, Brett Young, Precision Laboratories, Dupont de Nemours Inc., FMC Corporation, Chemtura Corporation, Mahendra Overseas, ADAMA Agricultural Solutions Ltd., Syngenta AG, Nufarm, Universal Coating Systems, Centor Oceania, Michelman, Inc., Smith Seed Service, Prebble Seeds Ltd., and Allied Seed. Technological advancement is a key trend gaining popularity in seed coating materials. Seed coating materials companies are focusing on developing better and more efficient coating materials for seed performance. For instance, in December 2021, the Germany-based chemicals company BASF launched a next-generation seed coating polymer, Flo Rite Pro 2805 for seed treatment, which uses advanced polymer-based technology. The new material is designed to improve the adhesion and retention of active ingredients and would offer soybean, dry bean, and pea growers’ better adhesion properties with high seed flow for optimizing plant populations for yields. In July 2021, Solvay, a Belgium-based chemical company, acquired Bayer’s Crop Science and seed coating businesses for an undisclosed amount. This acquisition will strengthen Solvay’s strategy to create a robust portfolio of sustainable, bio-based solutions for agricultural buyers. Bayer AG is a German-based life sciences company that is involved in crop enhancement, seed enhancement, and seed coating products. North America was the largest region in the seed coating materials market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the seed coating materials market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the seed coating materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The seed coating materials market consists of sales of seed coating active ingredients such as protectants and phytoactive compounds. 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 seed coating materials market research report is one of a series of new reports from The Business Research Company that provides seed coating materials market statistics, including seed coating materials industry global market size, regional shares, competitors with a seed coating materials market share, detailed seed coating materials market segments, market trends and opportunities, and any further data you may need to thrive in the seed coating materials industry. This seed coating materials 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.

Botanical supplement refers to items made from plants, plant parts, or plant extracts, sometimes known as herbals or herbal dietary supplements. They have one or more components intended to enhance the diet and are supposed to be taken. The main volumetric video components include hardware, software, and services. Volumetric video hardware is used to digitise a three-dimensional space by positioning various cameras around a target.Such as cameras and processing units, are used to capture things that can be digitised and repositioned on the mobile, web, or virtual worlds and viewed in 3D. The different volumetric video content delivery modes include projectors, AR/VR head-mounted displays (HMD), smartphones, and volumetric displays. The various applications of volumetric video include sports and entertainment, medical, signage and advertising, and education and training. The global botanical supplements market is segmented - 1) By Source: Herbs, Leaves, Spices, Flowers, Other Sources 2) By Form: Powder, Liquid, Tablets, Capsules, Gummies, Other Forms 3) By Application: Energy And Weight Management, Bone And Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-cancer, Other Applications 4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies The global botanical supplements market size will grow from $51.66 billion in 2022 to $55.77 billion in 2023, at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, 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 botanical supplements is expected to grow to $76.4 billion in 2027 at a CAGR of 8.2%. The increase in number of health-conscious consumers is significantly driving the growth of the botanical supplements market. Botanical supplements have numerous health benefits, have digestive properties, and are chemical free. According to the International Food Information Council's (IFIC) 2020 food and health survey, Americans have a strong interest in becoming more health-conscious, with 43% following a specific diet or eating pattern in 2020, up 38% from 2019. Also, 54% of all consumers cared more about the healthfulness of their food and beverage choices in 2020 than they did in 2010. Hence, the increasing number of health-conscious people is expected to propel the growth of the botanical supplements market in the forecast period. Major players in the botanical supplements market are The Himalaya Drug Company, Blackmores Limited, Glanbia Nutritionals, Gaia Herbs LLC, Amway Corporation, Ricola AG, Procter and Gamble, Bio-Botanica Inc., Herbalife Nutrition, The Nature's Bounty Co., Archer Daniels Midland Company (ADM), MMJ International Holdings, Pharmavite LLC, and Prinova Group. Strategic collaborations between companies are a key trend gaining popularity in the botanical supplements market. Companies manufacturing botanical supplements are undergoing partnerships and collaborations to develop new technologies and products. For instance, in July 2021, the American Herbal Pharmacopoeia (AHP), the ABC-AHP-NCNPR Botanical Adulterants Prevention Program (BAPP), and the American Botanical Council (ABC) are all involved in the partnership that shares access to resources on botanical ingredients. The partnership is aimed at helping the dietary supplement sector deal with adulteration by providing access to information and control tools. In July 2021, Bluebird Botanic, a natural supplement company that specialises in hemp and CBD oil based in the United States, acquired Precision Botanicals for an undisclosed amount. The deal enables Bluebird access to Precision's hemp cultivation and extraction facility in Oregon, as well as its core science, technology, and data-driven consumer insights. Precision Botanicals is a US-based botanical supplement company and is a producer of cannabidiol products. North America was the largest region in the botanical supplements market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the botanical supplements market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the botanical supplements market market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The botanical supplements market consists of sales of liquid extracts, teas, bath salts, oils, and ointments. 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 botanical supplements market research report is one of a series of new reports from The Business Research Company that provides botanical supplements market statistics, including botanical supplements industry global market size, regional shares, competitors with a botanical supplements market share, detailed botanical supplements market segments, market trends and opportunities, and any further data you may need to thrive in the botanical supplements industry. This botanical supplements market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The plant factory refers to agricultural production systems designed to turn crop production into a new model by using bioinformatics and industrial automation. This system enables to achieve the supreme yield, harvesting density, and financial impact by controlling the plant growth environment artificially. Plant Factory uses artificial controlled light, moisture, temperature, and carbon dioxide concentrations to grow plants and vegetables. The main facility types in plant factories are greenhouses, indoor farms, and other facility types. Indoor farms refer to the method of growing plants and crops indoors on large scale. Indoor farming is used to cultivate plants and crops and circulate and reuse the water. The light types used in plant factories are sunlight and full artificial light, they are used to cultivate fruits, vegetables, flowers ornamentals, and other crop types. The global plant factory market is segmented - 1) By Facility Type: Greenhouse, Indoor Farms, Other Facility Types 2) By Light Type: Sunlight, Full Artificial Light 3) By Growing System: Non-Soil-Based, Soil-Based, Hybrid 4) By Crop type: Fruits, Vegetables, Flower And Ornamental, Other Crop Types The global plant factory market size grew from $112.71 billion in 2022 to $120.87 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. 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, causing inflation across goods and services and affecting many markets across the globe. The market size of global plant factory is expected to grow to $158.16 billion in 2027 at a CAGR of 7.0%. The rise in demand for food due to the increasing population and challenges of climate change significantly contributes to the growth of the plant factory market. The world population and demand for food are growing, and losses in yield gains due to soil infertility, demographic change, climate change, and pest outbreaks are contributing to growth in the adoption of new plant factory methods for growing crops. For instance, In November 2020, according to a study published by International Institute for Applied Systems Analysis (IIASA), the food demand is expected to increase by 56% between 2010 and 2050. In addition to it, currently, 40% of the landmass is arid, and due to rising temperatures and climate change, more will turn into deserts, causing a reduction in food production. Therefore, the rise in demand for food due to the increasing population and challenges of climate change is driving the growth of the plant factory market. Major players in the plant factory market are AeroFarms, Mirai Co., Ltd., Farminova Plant Factory, Metropolis Farms, Urban Crops, Lufa Farms, Keystone Technology Inc., Green Plus Co., Ltd., Parus Europe, and Ryoden Corporation. Technological advancements are the key trends gaining popularity in the plant factory market. Major companies operating in the plant factory market are focused on providing continuous innovations to strengthen their market position by implementing various innovations and technologies such as LED-grown light, AI, Machine learning, dynamic resource allocation, and edge computing to optimize plant growth and increase productivity. For instance, In September 2020, Urban Crop Solutions, a Belgium-based developer and manufacturer of indoor vertical farming solutions, launched ModuleX Plant Factory, a vertical indoor farming system, which counters existing challenges in vertical farming operations. In March 2022, Plantas Group, a Danish company, acquired Euroflora for an undisclosed amount. The acquisition of EuroFlora is number three in a series of acquisitions and the largest corporate acquisition to date. In terms of organic growth, Plantas Group has opened subsidiary in Germany at the beginning of 2022 and expanded in Poland. EuroFlora is an Italy-based plant factory. Western Europe was the largest region in the plant factory market in 2022. The regions covered in the plant factory market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the plant factory market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The plant factory market includes revenues earned by entities providing services such as hydroponics aquaponics, aeroponics, and vertical planting. 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 plant factory market research report is one of a series of new reports from The Business Research Company that provides plant factory market statistics, including plant factory industry global market size, regional shares, competitors with a plant factory market share, detailed plant factory market segments, market trends and opportunities, and any further data you may need to thrive in the plant factory industry. This plant 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.

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.

Plant extracts refer to a method intended to extract specific plant-based ingredients. This process separates solids from liquids by bringing a solid (the plant) into contact with the liquid (the solvent), which is then used to solubilize and contain the valuable plant components. They have medicinal, aromatic, anti-inflammatory, antifungal, antimicrobial, antiparasitic, antiprotozoal, and antioxidant effects. The main types of plant extracts are spices, essential oils and natural extracts, flavours and fragrance, phytomedicines and herbal extracts, phytochemicals and others. Phytochemicals refer to bioactive nutrient plant chemicals in fruits, vegetables, grains, and other plant foods that will provide desirable health benefits beyond basic nutrition to reduce the risk of major chronic diseases. The different sources include fruits, flowers, and bulbs, leaves, barks and stems, rhizomes and roots, and others. The various applications involved are pharmaceuticals, food and beverages, cosmetics, and others. The global plant extracts market is segmented - 1) By Type: Spices, Essential Oils and Natural Extracts, Flavors and Fragrance, Phytomedicines and Herbal Extracts, Phytochemicals, Other Types 2) By Source: Fruits, Flowers and Bulbs, Leaves, Rhizomes and Roots, Barks and Stems, Other Sources 3) By Application: Pharmaceuticals, Food and Beverages, Cosmetics, Other Applications The global plant extracts market size will grow from $25.53 billion in 2022 to $28.23 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. 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 plant extracts market size is expected to grow to $39.89 billion in 2027 at a CAGR of 9.0%. The rapid growth in the vegan trend is significantly contributing to the growth of the plant extract market. A vegan refers to a person who doesn’t consume animal products, including meat, eggs, or dairy products. Vegan people consume plant-based products to fulfil their nutritional requirements. For instance, according to the Plant-Based Foods Association (PBFA), a US-based trade association, retail sales of plant-based foods in the United States increased by 6.2% in 2021. Therefore, the rapid growth in vegan trends is driving the growth of the plant extract market. Major players in the plant extracts market are Naturex, Berkem, Kuber Impex Ltd., Network Nutrition, Organic Herb Inc., Qualiphar-Gifrer, Givaudan, Arjuna Natural Pvt Ltd., Synthite Industries Private Ltd., Martin Bauer Group, Tokiwa Phytochemical Co Ltd., Native Extracts Pty Ltd., Symrise, Sensient Technologies Corporation, Indesso , Vidya Herbs, Plant Extracts International Inc., Indena, Nutra Green Biotechnology Co Ltd., Nantong Sihai Plant Extracts Co. Ltd., Schwabe, Provital Group, and Chenguang Biotech. Increasing technological advancements have emerged as the key trend gaining popularity in the plant extract market. Companies operating in the plant extract sector are focused on developing new technological solutions to reinforce their position. For instance, in June 2021, Firmenich, a Switzerland-based fragrance and taste company, launched the Firgood ingredients using revolutionary and sustainable proprietary extraction technology. The Firgood technology is solvent-free and utilizes low energy. The water is used for extraction, which is warmed up by electromagnetic vibration, and the odorant components in it are used to yield the final pure extract. In April 2022, Kerry Group plc, an Ireland based food company, acquired Natreon, Inc., for 42 million euros ($45.74 million). This acquisition increases Kerry's influence and the portfolio of branded ingredients from ProActive Health that are supported by research, contributing to the company's technological development and improving the customer experience. Natreon, Inc., is a US-based botanical extract company that specializes in ayurvedic extracts that have been branded and subjected to scientific research and testing before being sold to the global dietary supplement and functional food and beverage industries. Asia-Pacific was the largest region in the plant extracts market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plant extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the plant extracts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plant extracts market consists of sales of medicinal plants, polyphenols, carotenoids, maceration, infusion, decoction, and percolation. 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 market value includes the value of related goods sold by the service provider or included within the service offering. 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 plant extracts market research report is one of a series of new reports from The Business Research Company that provides plant extracts market statistics, including plant extracts industry global market size, regional shares, competitors with a plant extracts market share, detailed plant extracts market segments, market trends and opportunities, and any further data you may need to thrive in the plant extracts industry. This plant extracts 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.