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Aeroponic Biopharming Market by Components (Irrigation Component, Lighting, Sensor, Climate Control, Building Material, Others) by Application (Outdoor, Indoor)- Growth, Future Prospects And Competitive Analysis, 2016 – 2028

Name: Aeroponic Biopharming Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2022-02-10
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Aeroponic Biopharming Market

Summary
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Aeroponic biopharming is a new technique for crops that do not rely on the soil. Instead of using soil, it uses moist air to provide nutrients to plant roots. Several agricultural methods were developed in the past few decades to grow various plants in various environments. Although it was first discovered during the 1920s, aeroponics would rise to prominence in the late 90s when NASA considered it for growing crops without soil in harsh environments like space. Although aeroponics is still in its early stages, it is becoming quickly popular, especially in places where conventional farming is impossible. Aeroponics utilizes air for growing crops in an area of soil. This will be a crucial driving factor for the aeroponics biopharming market.

The Global Aeroponic Biopharming market is expected to witness a CAGR of 26.24% during the forecast period. The revenue generated by the global Aeroponic Biopharming market in 2021 was over USD 957.11 million and is expected to generate revenue worth USD 5,325.47 million in 2028. Therefore, the incremental growth opportunity offered by global Aeroponic Biopharming is estimated to be USD 20.92 billion between 2022 and 2028.

Interesting Facts about Aeroponic Biopharming Industry

The Asia Pacific dominated the global Aeroponic Biopharming market
Aeroponic Biopharming was invented in 1957
Aeroponic Biopharming facilitates maximum nutrients due to no growing medium
Aeroponic Biopharming is featured with higher yield as compared to traditional farming
Aeroponic Biopharming fosters disease free environment for plants to grow

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Rapidly Shrinking Arable Land

All over the world, the amount of arable land is decreasing. In addition, environmental factors such as natural disasters and global warming worsen the rapidly increasing world population problem. As the world population continues to increase, areas once suitable for growing crops are gradually drained of nutrients due to which they can’t be used for farming. Owing to this factor, land ideal for agriculture continues to decrease in area. As a result, alternative media are needed for growing crops such as air. Hence, this is a crucial driving factor for the aeroponics biopharming market. Indoor and outdoor are two leading segments of the global Aeroponic Biopharming market. The indoor segment accounted for the majority share of the total revenue generated by the global Aeroponic Biopharming market.

Decreasing Manpower in Farming

Another critical fact to consider is that traditional farming does not have the same level of importance that it once had. Even those in farming communities, younger generations are increasingly opting for other forms of work to earn their income. As a result, the number of farmers decreases worldwide while their average age rises. However, the latest technology, such as aeroponics, is rejuvenating interest in agriculture. New methods of growing food are becoming increasingly popular.

Advancement in Farming

In aeroponics, the growth and development of plants remain the same as in other agricultural methods. What is different about aeroponics is how nutrients are delivered. Also, cultivators have greater control over environmental conditions that directly affect the plant’s growth, such as light, temperature, and water. The cultivator can control all ecological aspects since aeroponics is carried out indoors. Irrigation Components, Lighting, sensors, Climate Control, Building materials, and Others are significant components of the Aeroponic Biopharming industry. The lighting segment held the largest share of total revenue generated by the global Aeroponic Biopharming market in 2021.

Aeroponics works by utilizing racks that are stacked vertically to support plant growth. Vital organic nutrients like potassium, phosphorus, and nitrogen are dissolved in water to form a nutrient-rich solution. Plants can absorb nutrients more efficiently when delivered directly to their roots in a mist. As a result, healthy growth of plants is possible with aeroponics. In addition, the indoor light used to grow these crops is kept within a specific range of wavelengths to optimize plant growth.

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Such a method for growing plants enables them to absorb sufficient nutrients. In addition, plants are under less stress so that they can undergo healthy growth. Plants were grown via aeroponics and thus have better taste, texture, and color. These will be essential driving factors that will fuel the expansion of aeroponic biopharming.

BrightFarms Inc, Evergreen Farm Oy, AeroFarms, LettUs Grow, CombaGroup SA, Altius Farms, Ponics Technologies, Aeroponics (AERO Development Corp), Living Greens Farm, and Freight Farms are some of the leading players in global Aeroponic Biopharming market.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Aeroponic Biopharming Market

3.Market Dynamics & Factors Analysis
3.1.Introduction
3.1.1. Global Aeroponic Biopharming Market Value, 2016-2028, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2021
3.3.1.Component
3.3.2.Application
3.3.3.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Components
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2021
4.1.Company market share of key players, 2021
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Aeroponic Biopharming Market Pre Vs Post COVID 19, 2019 – 2028
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Aeroponic Biopharming Market, by Country, 2016-2028(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Aeroponic Biopharming Market, by Component, 2016-2028(US$ Bn)
6.2.1.Overview
6.2.2.Irrigation Component
6.2.3.Lighting
6.2.4.Sensor
6.2.5.Climate Control
6.2.6.Building Material
6.2.7.Others
6.3.North America Aeroponic Biopharming Market, by Application, 2016-2028(US$ Bn)
6.3.1.Overview
6.3.2.Outdoor
6.3.3.Indoor

7.Europe
7.1.Europe Aeroponic Biopharming Market, by Country, 2016-2028(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Aeroponic Biopharming Market, by Component, 2016-2028(US$ Bn)
7.2.1.Overview
7.2.2.Irrigation Component
7.2.3.Lighting
7.2.4.Sensor
7.2.5.Climate Control
7.2.6.Building Material
7.2.7.Others
7.3.Europe Aeroponic Biopharming Market, by Application, 2016-2028(US$ Bn)
7.3.1.Overview
7.3.2.Outdoor
7.3.3.Indoor

8.Asia Pacific
8.1.Asia Pacific Aeroponic Biopharming Market, by Country, 2016-2028(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Aeroponic Biopharming Market, by Component, 2016-2028(US$ Bn)
8.2.1.Overview
8.2.2.Irrigation Component
8.2.3.Lighting
8.2.4.Sensor
8.2.5.Climate Control
8.2.6.Building Material
8.2.7.Others
8.3.Asia Pacific Aeroponic Biopharming Market, by Application, 2016-2028(US$ Bn)
8.3.1.Overview
8.3.2.Outdoor
8.3.3.Indoor

9.Latin America
9.1.Latin America Aeroponic Biopharming Market, by Country, 2016-2028(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Aeroponic Biopharming Market, by Component, 2016-2028(US$ Bn)
9.2.1.Overview
9.2.2.Irrigation Component
9.2.3.Lighting
9.2.4.Sensor
9.2.5.Climate Control
9.2.6.Building Material
9.2.7.Others
9.3.Latin America Aeroponic Biopharming Market, by Application, 2016-2028(US$ Bn)
9.3.1.Overview
9.3.2.Outdoor
9.3.3.Indoor

10.Middle East
10.1.Middle East Aeroponic Biopharming Market, by Country, 2016-2028(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Aeroponic Biopharming Market, by Component, 2016-2028(US$ Bn)
10.2.1.Overview
10.2.2.Irrigation Component
10.2.3.Lighting
10.2.4.Sensor
10.2.5.Climate Control
10.2.6.Building Material
10.2.7.Others
10.3.Middle East Aeroponic Biopharming Market, by Application, 2016-2028(US$ Bn)
10.3.1.Overview
10.3.2.Outdoor
10.3.3.Indoor

11.Africa
11.1.Africa Aeroponic Biopharming Market, by Country, 2016-2028(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Aeroponic Biopharming Market, by Component, 2016-2028(US$ Bn)
11.2.1.Overview
11.2.2.Irrigation Component
11.2.3.Lighting
11.2.4.Sensor
11.2.5.Climate Control
11.2.6.Building Material
11.2.7.Others
11.3.Africa Aeroponic Biopharming Market, by Application, 2016-2028(US$ Bn)
11.3.1.Overview
11.3.2.Outdoor
11.3.3.Indoor

12.Global
12.1.Global Aeroponic Biopharming Market, by Component, 2016-2028(US$ Bn)
12.1.1.Overview
12.1.2.Irrigation Component
12.1.3.Lighting
12.1.4.Sensor
12.1.5.Climate Control
12.1.6.Building Material
12.1.7.Others
12.2.Global Aeroponic Biopharming Market, by Application, 2016-2028(US$ Bn)
12.2.1.Overview
12.2.2.Outdoor
12.2.3.Indoor

13.Company Profiles
13.1.Aeroponics (AERO Development Corp)
13.2.Evergreen Farm Oy
13.3.LettUs Grow
13.4.Freight Farms
13.5.BrightFarms Inc
13.6.AeroFarms
13.7.Ponics Technologies
13.8.Living Greens Farm
13.9.Altius Farms
13.10.CombaGroup SA
13.11.Others

List of Figures

FIG. 1Global Aeroponic Biopharming Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Aeroponic Biopharming Market Segmentation
FIG. 4Global Aeroponic Biopharming Market, by Component, 2019 (US$ Bn)
FIG. 5Global Aeroponic Biopharming Market, by Application, 2021 (US$ Bn)
FIG. 6Global Aeroponic Biopharming Market, by Geography, 2021 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2021
FIG. 8Global Market Positioning of Key Aeroponic Biopharming Market Manufacturers, 2019
FIG. 9Global Aeroponic Biopharming Market Value Contribution, By Component, 2021 & 2028 (Value %)
FIG. 10Global Aeroponic Biopharming Market, by Irrigation Component, Value, 2016-2028 (US$ Bn)
FIG. 11Global Aeroponic Biopharming Market, by Lighting, Value, 2016-2028 (US$ Bn)
FIG. 12Global Aeroponic Biopharming Market, by Sensor, Value, 2016-2028 (US$ Bn)
FIG. 13Global Aeroponic Biopharming Market, by Climate Control, Value, 2016-2028 (US$ Bn)
FIG. 14Global Aeroponic Biopharming Market, by Building Material, Value, 2016-2028 (US$ Bn)
FIG. 15Global Aeroponic Biopharming Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 16Global Aeroponic Biopharming Market, by Indoor, Value, 2016-2028 (US$ Bn)
FIG. 17Global Aeroponic Biopharming Market, by Outdoor, Value, 2016-2028 (US$ Bn)
FIG. 18U.S. Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 19Rest of North America Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 20U.K. Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 21Germany Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 22France Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 23Italy Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 24Spain Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 25Russia Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 26BENELUX Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 27Poland Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 28Austria Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 29Rest of Europe Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 30Japan Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 31China Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 32India Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 33South Korea Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 34Australia Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 35Southeast Asia Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 36Rest of Asia Pacific Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 37Middle East & Africa Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 38South Africa Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 39Nigeria Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 40Egypt Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 41GCC Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 42Israel Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 43Latin America Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 44Mechanicalzil Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 45Argentina Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 46Colombia Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 47Peru Aeroponic Biopharming Market, 2016-2028 (US$ Bn)
FIG. 48Chile Aeroponic Biopharming Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Beauty Devices (Aeroponic Biopharming) Market
TABLE 2Global Aeroponic Biopharming Market, by Component, 2016-2028 (US$ Bn)
TABLE 3Global Aeroponic Biopharming Market, by Application, 2016-2028 (US$ Bn)
TABLE 4Global Aeroponic Biopharming Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5North America Aeroponic Biopharming Market, by Component, 2016-2028 (US$ Bn)
TABLE 6North America Aeroponic Biopharming Market, by Application, 2016-2028 (US$ Bn)
TABLE 7North America Aeroponic Biopharming Market, by Country, 2016-2028 (US$ Bn)
TABLE 8Europe Aeroponic Biopharming Market, by Component, 2016-2028 (US$ Bn)
TABLE 9Europe Aeroponic Biopharming Market, by Application, 2016-2028 (US$ Bn)
TABLE 10Europe Aeroponic Biopharming Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11Asia Pacific Aeroponic Biopharming Market, by Component, 2016-2028 (US$ Bn)
TABLE 12Asia Pacific Aeroponic Biopharming Market, by Application, 2016-2028 (US$ Bn)
TABLE 13Asia Pacific Aeroponic Biopharming Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14Latin America Aeroponic Biopharming Market, by Component, 2016-2028 (US$ Bn)
TABLE 15Latin America Aeroponic Biopharming Market, by Application, 2016-2028 (US$ Bn)
TABLE 16Latin America Aeroponic Biopharming Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17Middle East Aeroponic Biopharming Market, by Component, 2016-2028 (US$ Bn)
TABLE 18Middle East Aeroponic Biopharming Market, by Application, 2016-2028 (US$ Bn)
TABLE 19Middle East Aeroponic Biopharming Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20Africa Aeroponic Biopharming Market, by Component, 2016-2028 (US$ Bn)
TABLE 21Africa Aeroponic Biopharming Market, by Application, 2016-2028 (US$ Bn)
TABLE 22Africa Aeroponic Biopharming Market, by Country/Region, 2016-2028 (US$ Bn)

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Frequently Asked Questions

How COVID 19 Impacted Aeroponic Biopharming Market?

Likewise other industries, COVID 19 also taken a toll on Aeroponic Biopharming market with around 8.64% decline in its revenue in 2020 as compare to 2019

Which is the leading regional market for Aeroponic Biopharming?

Asia Pacific is the largest regional market with highest share in the total revenue of Aeroponic Biopharming in 2021

What is the major growth driving factors for global Aeroponic Biopharming market?

Shrinking arable land, increasing urban population, etc. is driving the demand for Aeroponic Biopharming

Which is major segment in Aeroponic Biopharming market by Component?

Lighting segment dominated the Aeroponic Biopharming market in 2021 with over 25% share

Which is major segment in Aeroponic Biopharming market by application?

Indoor segment was the largest application of Aeroponic Biopharming in 2021 with over 60% share

About Author

Shweta Bisht

Healthcare & Biotech Analyst

Shweta is a healthcare and biotech researcher with strong analytical skills in chemical and agri domains.

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