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Insect Growth Regulators Market by Type (Chitin Synthesis Inhibitors, Juvenile Hormone Analogs & Mimics, Anti-juvenile Hormone Agents), Form, Application (Agricultural, Livestock Pests, Commercial Pest Control), and Region - Forecast to 2022

昆虫成長調節剤の世界市場予測（～2022）：キチン合成阻害剤、幼若ホルモン様活性物質

◆タイトル：Insect Growth Regulators Market by Type (Chitin Synthesis Inhibitors, Juvenile Hormone Analogs & Mimics, Anti-juvenile Hormone Agents), Form, Application (Agricultural, Livestock Pests, Commercial Pest Control), and Region - Forecast to 2022
◆商品コード：MAM-AGI-5122
◆調査・発行会社：MarketsandMarkets
◆発行日：2017年3月27日
◆ページ数：125
◆レポート形式：PDF / 英語
◆納品方法：Eメール（受注後24時間以内）
◆調査対象地域：グローバル
◆産業分野：農業
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【レポートの概要】

当調査レポートでは、昆虫成長調節剤の世界市場について調査・分析し、エグゼクティブサマリー、市場インサイト、市場概観/市場動向、種類別分析、形状別分析、用途別分析、地域別分析、昆虫成長調節剤の世界市場規模及び予測、市場動向、競争状況、関連企業分析などの情報をお届けいたします。

The global insect growth regulators market is estimated at USD 736.3 Million in 2016 and is projected to reach USD 1,054.3 Million by 2022 during the forecast period. The primary factors that drive the insect growth regulators market are adoption of safer crop protection products that are environmentally safer and less toxic to use. Insect growth regulator products are more target-specific and cause little to no damage to other plants and animals that come in contact with them as they are more compatible with biological approaches. There is a rise in the commercial pest control market segment of insect growth regulator products as they are selective in nature.
The insect growth regulators market is segmented by type, form, application, and region. On the basis of type, the market was led by chitin synthesis inhibitors followed by juvenile hormone analogs & mimics in 2015. The chitin synthesis inhibitor compound restricts the growth of chitin which is responsible for growth of the exoskeleton among targeted insects. Chitin synthesis inhibitors are widely used, as they are able to control fleas that live on pets and cattle. These are also used to control fungal species apart from insects. Their wide application has led chitin synthesis inhibitors to be the market leader by type.

The global market by form is segmented into liquid, aerosol, and bait. The liquid form had the largest market share in 2015. Liquid insect growth regulators offer superior control in a wide range of habitats and application areas, including temporary or floodwater breeding areas and irrigated cropland.

The insect growth regulators market by application is segmented into agricultural, livestock pests, and commercial pest control. The agricultural segment had the largest market share in 2015. The use of insect growth regulators on field crops is widespread, and at present many chitin synthesis inhibitors have the ability to control pests in agricultural crops such as tomato, pigeon pea, sorghum, and other crops of high value. In many countries, insects such as locusts and grasshoppers are considered to be major pests causing significant damage in many field crops.

North America had the largest market share, followed by the European region, in 2015. The Asia-Pacific market is projected to grow fastest growing the forecast period. This is mainly due to growth in the agricultural sector in the Asia-Pacific region and demand for less toxic chemical alternatives to insecticides and pesticides.

The major restraining factors are that insect growth regulator products are effective only in the initial stages of pest and insect growth. The product acts on the initial stages of the target insect population and restricts the insects from becoming an adult insect, which limits its resistance abilities and eventually results in death. These products are less effective when used as a stand-alone control method. They have a low knockdown effect when used as a stand-alone product as they only control the growth stages among insects and pests, not kill them directly.

The global market is fragmented and does not have a clear market leader. Even small to medium companies have developed a wide range of products. The companies profiled are Bayer CropScience AG (Germany), Dow Chemical Company (U.S.), Sumitomo Chemical Company Ltd. (Japan), Syngenta AG (Switzerland), ADAMA Agricultural Solutions Ltd. (Israel), Nufarm Ltd. (Australia), Platform Specialty Products Corporation (U.S.), Central Garden & Pet Co. (U.S.), Valent USA Corporation (U.S.), and Russell IPM Ltd. (U.K.).

【レポートの目次】

1 Introduction (Page No. – 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders
1.7 Limitations

2 Research Methodology (Page No. – 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary (Page No. – 26)

4 Premium Insights (Page No. – 30)
4.1 Attractive Opportunities in this Market
4.2 Insect Growth Regulators Market, By Type
4.3 North America Insect Growth Regulators Market, By Type & Country
4.4 Insect Growth Regulators Market: Major Countries
4.5 Insect Growth Regulators Market, By Application

5 Market Overview (Page No. – 35)
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Form
5.2.3 By Application
5.2.4 By Region
5.3 Macro Indicators
5.3.1 Reducing Arable Land
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Adoption of Environmentally Safe Crop Protection Products
5.4.1.2 Rise in Application Scope of Insect Growth Regulators in Commercial Pest Control
5.4.2 Restraints
5.4.2.1 Effective Only in Initial Stages of Pest and Insect Growth
5.4.2.2 Less Effective as A Stand-Alone Control Method
5.4.3 Opportunities
5.4.3.1 Growing Off-Patent Crop Protection Chemicals Market
5.4.3.2 Less Stringent Laws for Insect Growth Regulators
5.4.4 Challenges
5.4.4.1 Development of Resistance Towards Certain Insect Growth Regulator Products
5.5 Value Chain
5.6 Supply Chain

6 Insect Growth Regulators Market, By Type (Page No. – 42)
6.1 Introduction
6.2 Chitin Synthesis Inhibitors
6.3 Juvenile Hormone Analogs & Mimics
6.4 Anti-Juvenile Hormone Agents

7 Insect Growth Regulators Market, By Form (Page No. – 47)
7.1 Introduction
7.2 Bait
7.3 Liquid
7.4 Aerosol

8 Insect Growth Regulators Market, By Application (Page No. – 52)
8.1 Introduction
8.2 Agricultural Applications
8.3 Livestock Pest
8.4 Commercial Pest Control

9 Insect Growth Regulators Market, By Region (Page No. – 59)
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 France
9.3.2 Germany
9.3.3 Spain
9.3.4 Italy
9.3.5 U.K.
9.3.6 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 Rest of Asia-Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Rest of South America
9.6 Rest of the World (RoW)
9.6.1 Africa
9.6.2 Middle East

10 Competitive Landscape (Page No. – 87)
10.1 Overview
10.2 Ranking Analysis
10.3 Competitive Situation & Trends
10.3.1 Mergers & Acquisitions
10.3.2 Agreements & Collaborations
10.3.3 Investments & Expansions
10.3.4 New Product Launches & Product Approvals

11 Company Profiles (Page No. – 93)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
11.1 Bayer Cropscience AG
11.2 The DOW Chemical Company
11.3 Sumitomo Chemical Company Limited
11.4 Syngenta AG
11.5 Adama Agricultural Solutions Ltd. (Makhteshim-Agan)
11.6 Nufarm Limited
11.7 Platform Specialty Products Corporation
11.8 Central Garden & Pets Co.
11.9 Valent U.S.A Corporation
11.10 Russell IPM Ltd.

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. – 116)
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables (64 Tables)

Table 1 Insect Growth Regulators Market Size, By Type , 2014–2022 (USD Million)
Table 2 Chitin Synthesis Inhibitors Market Size, By Region, 2014–2022 (USD Million)
Table 3 Juvenile Hormone Analogs & Mimics Market Size, By Region, 2014–2022 (USD Million)
Table 4 Anti-Juvenile Hormone Agents Market Size, By Region, 2014–2022 (USD Million)
Table 5 Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 6 Bait Insect Growth Regulators Market Size, By Region, 2014–2022 (USD Million)
Table 7 Liquid Insect Growth Regulators Market Size, By Region, 2014–2022 (USD Million)
Table 8 Aerosol Insect Growth Regulators Market Size, By Region, 2014–2022 (USD Million)
Table 9 Insect Growth Regulators Market Size, By Application, 2014–2022 (USD Million)
Table 10 Agricultural: Insect Growth Regulators Market Size, By Region, 2014–2022 (USD Million)
Table 11 Agricultural Application Market Size, By Crop Type, 2014–2022 (USD Million)
Table 12 Field Crops Market Size, By Region, 2014–2022 (USD Million)
Table 13 Horticultural Crops Market Size, By Region, 2014–2022 (USD Million)
Table 14 Turf & Ornamentals Market Size, By Region, 2014–2022 (USD Million)
Table 15 Others Agricultural Applications Market Size, By Region, 2014–2022 (USD Million)
Table 16 Livestock Pests Market Size, By Region, 2014–2022 (USD Million)
Table 17 Commercial Pest Control Market Size, By Region, 2014–2022 (USD Million)
Table 18 Insect Growth Regulators Market Size, By Region, 2014–2022 (USD Million)
Table 19 North America: Insect Growth Regulators Market Size, By Country, 2014–2022 (USD Million)
Table 20 North America: Market Size, By Type, 2014–2022 (USD Million)
Table 21 North America: Market Size, By Form, 2014–2022 (USD Million)
Table 22 North America: Market Size, By Application, 2014–2022 (USD Million)
Table 23 North America: Market Size, By Crop Type, 2014–2022 (USD Million)
Table 24 U.S.: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 25 Canada: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 26 Mexico: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 27 Europe: Insect Growth Regulators Market Size, By Country, 2014–2022 (USD Million)
Table 28 Europe: Market Size, By Type, 2014–2022 (USD Million)
Table 29 Europe: Market Size, By Form, 2014–2022 (USD Million)
Table 30 Europe: Market Size, By Application, 2014–2022 (USD Million)
Table 31 Europe: Market Size, By Crop Type, 2014–2022 (USD Million)
Table 32 France: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 33 Germany: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 34 Spain: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 35 Italy: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 36 U.K.: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 37 Rest of Europe: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 38 Asia-Pacific: Insect Growth Regulators Market Size, By Country, 2014–2022 (USD Million)
Table 39 Asia-Pacific: Market Size, By Type, 2014–2022 (USD Million)
Table 40 Asia-Pacific: Market Size, By Form, 2014–2022 (USD Million)
Table 41 Asia-Pacific: Market Size, By Application, 2014–2022 (USD Million)
Table 42 Asia-Pacific: Market Size, By Crop Type, 2014–2022 (USD Million)
Table 43 China: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 44 Japan: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 45 India: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 46 Australia: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 47 New Zealand: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 48 Rest of Asia-Pacific: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 49 South America: Insect Growth Regulators Market Size, By Country, 2014–2022 (USD Million)
Table 50 South America: Market Size, By Type, 2014–2022 (USD Million)
Table 51 South America: Market Size, By Form, 2014–2022 (USD Million)
Table 52 South America: Market Size, By Application, 2014–2022 (USD Million)
Table 53 South America: Market Size, By Crop Type, 2014–2022 (USD Million)
Table 54 Brazil: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 55 Argentina: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 56 Rest of South America: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 57 RoW: Insect Growth Regulators Market Size, By Region, 2014–2022 (USD Million)
Table 58 RoW: Market Size, By Type, 2014–2022 (USD Million)
Table 59 RoW: Market Size, By Form, 2014–2022 (USD Million)
Table 60 RoW: Market Size, By Application, 2014–2022 (USD Million)
Table 61 RoW: Market Size, By Crop Type, 2014–2022 (USD Million)
Table 62 Africa: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 63 Middle East: Insect Growth Regulators Market Size, By Form, 2014–2022 (USD Million)
Table 64 Ranking Based on Insect Growth Regulators Sales, 2015

List of Figures (39 Figures)

Figure 1 Insect Growth Regulators Market: Research Design
Figure 2 Market Size Estimation Methodology: Top-Down Approach
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Insect Growth Regulators Market: Data Triangulation
Figure 5 North America is Expected to Dominate the Insect Growth Regulators Market From 2016 to 2022
Figure 6 Insect Growth Regulators Market Size, By Type, 2016 vs 2022
Figure 7 Agricultural Segment is Projected to Hold the Largest Market Share By 2022
Figure 8 Liquid Segment is Projected to Hold the Largest Market Share By 2022
Figure 9 Increasing Applicability of Insect Growth Regulators Provides Opportunities for This Market
Figure 10 Juvenile Hormone Analogs & Mimics Segment to Grow at the Highest Rate
Figure 11 U.S. Was the Largest Market for Insect Growth Regulators in 2015
Figure 12 India is Projected to Be the Fastest-Growing Country-Level Market for Insect Growth Regulators From 2016 to 2022
Figure 13 North America Dominated the Insect Growth Regulators Market in 2015
Figure 14 Arable Land, 2010-2050 (Hectares Per Person)
Figure 15 Drivers, Restraints, Opportunities, and Challenges
Figure 16 Value Chain Analysis for Insect Growth Regulators Market: Major Value is Added During Registration and Formulation
Figure 17 Supply Chain of Insect Growth Regulators Market
Figure 18 Juvenile Hormone Analogs & Mimics Segment Projected to Grow at the Highest Rate Throughout the Forecast Period
Figure 19 Liquid Form Segment is Expected to Dominate the Insect Growth Regulator Market Throughout the Forecast Period
Figure 20 Agricultural Application Segment is Expected to Dominate the Insect Growth Regulators Market Throughout the Forecast Period
Figure 21 North America to Dominate the Global Insect Growth Regulators Market Throughout the Forecast Period
Figure 22 Asia-Pacific, Market is Projected to Grow at the Highest CAGR During 2016 to 2022
Figure 23 North America: Insect Growth Regulators Market Snapshot
Figure 24 Asia-Pacific: Insect Growth Regulators Market Snapshot
Figure 25 Companies Adopted Mergers & Acquisitions as the Key Growth Strategy
Figure 26 Mergers & Acquisitions Was the Key Strategy 2012–2016
Figure 27 Bayer Cropscience AG Company Snapshot
Figure 28 Bayer Crop Science: SWOT Analysis
Figure 29 The DOW Chemical Company: Company Snapshot
Figure 30 The DOW Chemical Company: SWOT Analysis
Figure 31 Sumitomo Chemical Co. Ltd: Company Snapshot
Figure 32 Sumitomo Chemical Company Ltd.: SWOT Analysis
Figure 33 Syngenta AG: Company Snapshot
Figure 34 Syngenta AG: SWOT Analysis
Figure 35 Adama Agricultural Solutions Ltd.: Company Snapshot
Figure 36 Adama Agricultural Solutions Ltd.: SWOT Analysis
Figure 37 Nufarm Limited: Business Snapshot
Figure 38 Platform Specialty Products Corporation: Company Snapshot
Figure 39 Central Garden & Pets Co.: Business Snapshot

【レポートのキーワード】

昆虫成長調節剤、農業、キチン合成阻害剤、幼若ホルモン様活性物質

★調査レポート[昆虫成長調節剤の世界市場予測（～2022）：キチン合成阻害剤、幼若ホルモン様活性物質] ( Insect Growth Regulators Market by Type (Chitin Synthesis Inhibitors, Juvenile Hormone Analogs & Mimics, Anti-juvenile Hormone Agents), Form, Application (Agricultural, Livestock Pests, Commercial Pest Control), and Region - Forecast to 2022 / MAM-AGI-5122) 販売に関する免責事項

[昆虫成長調節剤の世界市場予測（～2022）：キチン合成阻害剤、幼若ホルモン様活性物質] ( Insect Growth Regulators Market by Type (Chitin Synthesis Inhibitors, Juvenile Hormone Analogs & Mimics, Anti-juvenile Hormone Agents), Form, Application (Agricultural, Livestock Pests, Commercial Pest Control), and Region - Forecast to 2022 / MAM-AGI-5122) についてEメールでお問い合わせ

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AGI-2342 / MarketsandMarkets / 2016年12月7日 / 当調査レポートでは、ユーバイオティクスの世界市場について調査・分析し、エグゼクティブサマリー、市場インサイト、市場概観/市場動向、産業動向、バリューチェーン分析、市場環境分析、種類別分析、家畜別分析、形状別分析、機能別分析、ユーバイオティクスの世界市場規模及び予測、市場動向、競争状況、関連企業分析などの情報をお届けいたします。...The eubiotics market is projected to grow at a CAGR of 7.51% to reach USD 7.47 Billion by 2022. The market is driven by factors such as increase in awareness about feed quality and safety, rise in demand for manufactured animal feed, growth in demand for animal high protein, change in framing practices and technology, and replacing antibiotic growth promoters (AGPs) with eubiotics. Continuous rise in the population also results in increase in the demand for food and the necessity for eubiotics, to increase the meat and milk in a sustainable manner. On the basis of type, the market for...

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SE4043 / MarketsandMarkets / 2017年3月21日 / 当調査レポートでは、スマート農業の世界市場について調査・分析し、エグゼクティブサマリー、市場インサイト、市場概観/市場動向、産業動向、バリューチェーン分析、市場シェア分析、市場環境分析、農業種類別分析、装置別分析、用途別分析、地域別分析、スマート農業の世界市場規模及び予測、市場動向、競争状況、関連企業分析などの情報をお届けいたします。...According to MarketsandMarkets’ forecast, the smart agriculture market, in terms of value, is expected to grow from USD 5.18 Billion in 2016 to USD 11.23 Billion by 2022, at a CAGR of 13.27% between 2017 and 2022. The major drivers for the smart griculture market include increasing application of technologies in agriculture, rising need of monitoring livestock performance and health, government’s support to adopt modern agricultural techniques, and increasing demand for food worldwide. This report covers the smart agriculture market on the basis of agriculture type, offering, application, and geography. Precision farming applications are expected to hold a major share...

金属キレートの世界市場予測（～2022）：種類別（主要栄養素、補助栄養素、微量栄養素）、用途別、作物種類別、地域別
AGI-4806 / MarketsandMarkets / 2016年12月6日 / 当調査レポートでは、金属キレートの世界市場について調査・分析し、エグゼクティブサマリー、市場インサイト、市場概観/市場動向、産業動向、バリューチェーン分析、種類別分析、用途別分析、作物種類別分析、地域別分析、金属キレートの世界市場規模及び予測、市場動向、競争状況、関連企業分析などの情報をお届けいたします。...The size of the market for metal chelates market is projected to reach USD 619.5 Million by 2022, growing at a CAGR of around 8.54% from 2016. The global metal chelates market has grown exponentially in the last few years. Decrease in soil quality and pH level, increasing demand for high production and growing awareness about the nutrient deficiencies and its impact are the major drivers for the market. On the basis of type, the metal chelates market is segmented into primary nutrients, secondary nutrients, micronutrients, and other nutrients (amino acid, humic acid & fulvic acid). The micronutrients was the...

殺線虫剤の世界市場予測（～2022）：種類別（燻蒸剤、カルバミン酸塩、有機リン酸塩、バイオ殺線虫剤）、形態別（固体、液体）、使用方法別（燻蒸、灌水、種子処理）、用途別（農業、工業）、地域別
MAM-AGI-2533 / MarketsandMarkets / 2017年1月31日 / 当調査レポートでは、殺線虫剤の世界市場について調査・分析し、エグゼクティブサマリー、市場インサイト、市場概観/市場動向、産業動向、種類別分析、形態別分析、使用方法別分析、用途別分析、殺線虫剤の世界市場規模及び予測、市場動向、競争状況、関連企業分析などの情報をお届けいたします。...“The global nematicides market is projected to grow at a CAGR of 3.30%”The global nematicides market is projected to reach USD 1.43 billion by 2022 at a CAGR of 3.30% during the forecast period. The nematicides market growth is driven by various factors such as rapid industrialization leading to less arable land available, better maintenance of soil health to achieve the required crop yield, and emergence of South American countries as major contributors toward the overall growth of the nematicides market. The major restraints in the nematicides market are change in the environmental protection laws and government policies across geographies...

IoT保険の世界市場予測（～2022）：種類別（損害、医療、生命）、用途別（自動車・輸送、住宅・商業ビル、生命・医療、法人向け、家電、旅行、農業）、地域別
MAM-SE-4957 / MarketsandMarkets / 2017年1月30日 / 当調査レポートでは、IoT保険の世界市場について調査・分析し、エグゼクティブサマリー、市場インサイト、市場概観/市場動向、産業動向、バリューチェーン分析、種類別分析、用途別分析、地域別分析、IoT保険の世界市場規模及び予測、市場動向、競争状況、関連企業分析などの情報をお届けいたします。...“IoT insurance market to grow at a CAGR of 65.89% between 2016 and 2022”The global IoT insurance market is estimated to be worth USD 42.76 billion by 2022, growing at a CAGR of 65.89% between 2016 and 2022. A key driving factor for the growth of the market is the growing adoption of Internet of Things (IoT) for various insurance applications such as health, life, automobiles, travel, and agriculture sectors, among others. The IoT-enabled devices provide intelligent data for insurers to monitor and track the status and monitor data that helps insurers to manage claims and reduce risks. “Automotive and...

垂直農法の世界市場予測（～2022）：栽培方法別（水耕栽培、空中栽培、アクアポニックス）、構造別、提供方法別、作物種類別、地域別
MAM-SE-3992 / MarketsandMarkets / 2017年1月23日 / 当調査レポートでは、垂直農法の世界市場について調査・分析し、エグゼクティブサマリー、市場インサイト、市場概観/市場動向、産業動向、バリューチェーン分析、市場環境分析、栽培方法別分析、構造別分析、提供方法別分析、作物種類別分析、垂直農法の世界市場規模及び予測、市場動向、競争状況、関連企業分析などの情報をお届けいたします。...According to the new market research report, the vertical farming market is expected to be valued at USD 5.80 Billion by 2022, growing at a CAGR of 24.8% between 2016 and 2022. The growth of the vertical farming market could be attributed to the growing urbanization, rising demand for high quality food with no use of pesticides and herbicides, and independent farming technique with low impact of climatic conditions. However, the high initial investments, dearth of technical acumen, and limitations on the variety of crops grown are the restraints in the vertical farming market. Of all the major hardware offerings,...

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