Agriculture

  A recent study conducted by the strategic consulting and market research firm,   BlueWeave Consulting , revealed that the India organic food market was worth USD 1,013.4 million in the year 2021. It is estimated to grow at a CAGR of 19.90%, earning revenue of around USD 3594.0 million by the end of 2028. The   India organic food market   is flourishing at a high rate owing to the increasing health consciousness among consumers along with changing lifestyles. Due to this, Indian consumers are increasingly focusing on the nutritional value of the food they are consuming and its impact on their health. Furthermore, increasing launches of a wide range of organic food products along with the rising popularity of online sales channels are also providing lucrative growth opportunities to the India organic food market. Increasing Availability of Organic Food in Retail Stores and Supermarkets and Hypermarkets The sales of organic food are highly dominated by online platform...

  A recent study conducted by the strategic consulting and market research firm,   BlueWeave Consulting , revealed that the global indoor farming market was worth USD 15.7 billion in the year 2021. The market is projected to grow at a CAGR of 10.20%, earning revenue of around USD 30.8 billion by the end of 2022. The global   indoor farming market   is flourishing at a high rate owing to the rising demand for fresh food items and increasing health consciousness among consumers. Furthermore, the rising global population and constraints on land and resources due to agriculture may further emerge as a major driving factor for the growth of the market. However, the high initial investment involved in the global indoor farming market may act as a huge restraining factor for the market growth. Integration of Advanced Technologies in Indoor Farming Practices is Driving the Market Growth The integration of advanced technologies is one of the major components of indoor farming...