Examining Floating Farms Market Growth and Size for Strategic Decision-Making

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The global floating farms market growth is expected to register a significant CAGR over the forecast period of 20210-2030. An increase in global demand for food is a significant factor contributing to revenue growth of the market. Rapid climate change and erratic weather patterns have significantly impacted agricultural output; therefore, it is unable to meet the growing demand. This has led to increased demand for alternative and sustainable farming practices such as vertical farming and floating farming. According to a research conducted by Buckminster Fuller Institute, food demand is expected to rise 50% by 2030 and approximately 70% by 2050. Floating farms allow the cultivation of food crops and livestock in urban areas by building a structure in water bodies. This is expected to drive revenue growth significantly during the forecast period. Also, according to a research conducted by the United Nations (UN), population dynamics specifically is expected to concentrate over Africa and South Asia. Changing population demographics is persistent and is expected to add to the widespread hunger and malnutrition, and hence, to meet demand, advancements in farming technologically are expected to drive revenue growth for the floating farms market.

This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behaviour and their growing spending capacity. The industry assessment study depicts a perfectly clear picture of both the past and the future trends to offer the stakeholders, business owners, and marketing executives an opportunity to zero in on an effective marketing strategy and boost sales.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Floating Farms market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

AgriSea, Singapore Aquaculture Technologies, Bangladesh Agricultural Research Institute (BARI), Qingdao Conson Development Group Co Ltd, SalMar ASA, Lingalaks AS, Saudi Basic Industries Corporation (SABIC), Ocean Arks Tech., Al Qamra holding, Ocean Era, Inc.

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Emergen Research has segmented the global Floating Farms market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

Farm Type Outlook (Revenue, USD Billion; 2019-2030)
Vegetable & Fruits
Livestock
Poultry
Dairy
Fish
Sheep
Pig
Goat
Duck
Others
Equipment Type Outlook (Revenue, USD Billion; 2019-2030)
Cages
Milling Machines
Egg Incubators
Knapsack Sprayers
Power Tillers
Fish Ponds
Tarpaulins
Others
Building Structure Outlook (Revenue, USD Billion; 2019-2030)
Building-based
Shipping Container-based
The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:

Analysis and estimation of the Floating Farms Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Floating Farms Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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