Insights Into The Vegetable Farming Market’s Growth Opportunities Through 2023-2032 – Includes Vegetable Farming Market Share
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Veganism’s growing popularity is likely to encourage innovation in vegetable farming production, propelling the market throughout the forecast period.
The global vegetable farming market is expected to grow from $1,568.89 billion in 2022 to $1,687.73 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The global vegetable farming market size is expected to reach $2,240.89 billion in 2027 at a CAGR of 7.3%.
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Global Vegetable Farming Market Segments Include:
- By Type: Growing Vegetable Crops, Producing Vegetable Seeds
- By Application: Household, Commercial
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global vegetable farming market in 2021.
Major Market Players in the vegetable farming market include Dole Food Company Inc., Fresh Del Monte Produce, Ch robinson Worldwide, General Mills, Grimmway Farms, Carlton Farms, Abers Acres, Devine Organics, Lake Side Organic Gardens.
Technological developments are a crucial trend that is gaining traction in the vegetable farming business. Major market participants are focusing their efforts on developing innovative technology for vegetable growing in order to alleviate labour shortages and save time. For example, Rijk Zwaan, a Dutch vegetable breeding company, implemented artificial intelligence in October 2021 to improve the breeding process and provide producers with faster access to new vegetable types. With this launch, the company has an annual turnover of €498 million in its 2020/2021 fiscal year, representing a 4% increase over the previous year.
The Vegetable Farming Global Market Report 2023 provides a vegetable farming market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The vegetable farming market forecast analyzes vegetable farming market size, vegetable farming market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The cultivation and production of vegetables for consumption as food, either for local markets or for wider distribution, is referred to as vegetable farming.
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