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.

The global Floating Farms Market report published by Emergen Research assesses the Floating Farms market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Floating Farms market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.

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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
    1. Poultry
    2. Dairy
    3. Fish
    4. Sheep
    5. Pig
    6. Goat
    7. Duck
    8. 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 Porters 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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