Lucintel Forecasts the Global Space Agriculture Market is expected to grow with a CAGR of 12.1% from 2024 to 2030
Lucintel Forecasts the Global Space Agriculture Market is expected to grow with a CAGR of 12.1% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global space agriculture market looks promising with opportunities in the scientific research and agriculture markets. The global space agriculture market is expected to grow with a CAGR of 12.1% from 2024 to 2030. The major drivers for this market are increasing focus on long-duration space missions and growing concern about sustainable agriculture.
A more than 150-page report to understand trends, opportunity and forecast in space agriculture market to 2030 by type (plant and seed), application (scientific research and agriculture), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that seed will remain the larger segment over the forecast period due to the growing necessity to tailor crops to the distinctive challenges presented by space environment.
Within this market, agriculture will remain the larger segment due to its prominent potential for sustainability and food production in space environments.
Download sample by clicking on space agriculture market
North America will remain the largest region over the forecast period due to the presence of a strong ecosystem comprising space agencies, private space companies, and research institutions, fostering innovation and expertise in controlled environment agriculture technologies.
Orbital Technologies Corporation, Space Garden, Zero-G Kitchen, Canopy Growth Corporation, Cronos, SpaceX, AeroFarms are the major suppliers in the space agriculture market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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