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farming products supplier in australia

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farming products supplier in Australia


Hortifresh is the best farming products supplier in Australia, offering unique and novel agriculture products manufactured by incorporating innovative technologies giving advantage of easy to use, high efficacy and safety.

Nov 16, 2021 (Market Insight Reports) — The Global indoor farming technology market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

Global indoor farming technology market is valued approximately USD 25.40 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 9.65 % over the forecast period 2018-2025. Rising need for higher yields using limited water and space is key trend that are responsible for the wide adoption of indoor farming technology globally. Moreover, production of biopharmaceutical products offers lucrative growth opportunities for the global indoor farming market over the forecast period of 2018-2025.Global indoor farming technology market is significantly driven by growing demand for fresh foods with higher nutritive value. According to the IIFT, a research conducted by Euromonitor International reveals that in 2016, global demand for fresh food increased by 3% in terms of volume. Also, Asia-Pacific and Middle East experienced the growth owing to the disposable budgets and growing population. In China, sales of fresh organics increased approximately 30% in 2016. In addition, broader availability of organic fresh foods through online companies, store-based retailers and direct sellers made it easier for consumer to adopt fresh organic foods. Thus, growing demand for fresh foods is likely to increase the demand for indoor farming considering availability of low space in developed countries. As a result, the demand & adoption of indoor farming technology would increase thereby, aiding the growth of the market over the forecast period. However, high initial investments and limitations on the types of crops that can be grown are the major factors that impede the growth of global indoor farming technology market.

On the basis of segmentation, the indoor farming technology market is segmented into growing system, facility type, component and crop type. The growing segment of global indoor farming technology market is classified into aeroponics, hydroponics, aquaponics, soil-based and hybrid of which hydroponics holds the largest market share in terms of revenue owing to application of hydroponics growth mechanism helps to mitigate most of risks such as limited space in urban areas and low availability of water and it provides ample fresh produce. The facility type segment includes glass or poly greenhouses, indoor vertical farms, container farms and indoor deep-water culture (DWC) systems of which glass or poly greenhouses segment holds the leading position as area under greenhouse cultivation is larger as compared to indoor vertical farms. On the basis of crop type segment, global indoor farming market is segmented into fruits & vegetables, herbs & microgreens, flowers & ornamentals and others.

Contact Us

 

Hortifresh PTY LTD.

30 Victoria Place

Pakenham (VIC) 3810

Australia

Call: +61 451 992 791 / +61 491 717 634

Email: [email protected]

 

Website - https://hortifresh.com.au/

Visit Link - https://hortifresh.com.au/farming-products-supplier-in-australia/

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