Vegetable Farming Market

Global Vegetable Farming Market Size (2024 to 2029)

The global vegetable farming market size is expected to reach USD 1381.66 billion in 2024 and reach USD 1633.07 billion by 2029, growing at a CAGR of 3.4% from 2024 to 2029.

CURRENT SCENARIO OF THE GLOBAL VEGETABLE FARMING MARKET

Vegetable farming is nothing but the production of vegetables for human consumption. Growing vegetables probably began in various parts of the world around ten thousand years ago when nuclear families entered into the field of growing vegetables for food and trade in the area.

Vegetables were primarily grown in the wild by hunter-gatherers and cultivated across different parts of the world around 10,000 and 7,000 BC with a new way of farming.

The vegetable market has grown exponentially over the past few decades, both in production and consumption. Machinery has changed the cultivation of vegetables, and almost all processes can be mechanized. The producers work very well and grow some vegetables that do well in their area. Typically, new methods such as aquaponics are used, planting a raised bed, raised beds, and planting under glass. Organic vegetable plays a dominant role in the global vegetable farming market. It is the fastest-growing segment primarily due to concerns regarding food safety and farming practices contributing to a better and more sustainable environment.

GLOBAL VEGETABLE FARMING MARKET DRIVERS

The main factors driving growth in the vegetable farming market are:

• The high demand for vegetables.
• The rapid increase in the share of live vegetables.
• The health benefits of vegetables.

Moreover, the rise in demand for vegetables is mainly due to global production and consumption. In addition, consumer increased awareness of the health benefits of adding vegetables to our daily diet is expected to further market sales of vegetable farming. Furthermore, the city's rapid growth of the growing vegetable market has raised the acceptance of healthy eating habits and growing health and environmental concerns. In addition, the increase in veganism and health awareness among young adults contributes to the market growth.

GLOBAL VEGETABLE FARMING MARKET RESTRAINTS

Vegetables need a specific temperature and climate to bloom and a set of fruits. Climatic conditions significantly affect the vegetable farming market. The high levels of chemicals used in vegetable farming are harmful to the human body and significantly affect an individual's health. Also, rising meat markets and the increased corrosion of many vegetable crops threaten market growth. The high cost of organic vegetables, the long growing season, and the yields disrupt the development of the global vegetable farming market.

REPORT COVERAGE:

SEGMENTAL ANALYSIS

Global Vegetable Farming Market By Production Type:

The growing vegetable crops segments are an excellent source of vitamins, minerals, and roughage in the human diet. In addition, the leaves are significant in nutrients, while the root vegetables contain starch and natural sugars that give people energy.

Vegetables are grown for sale and as a standard backyard or a stable food crop. Organic vegetables are usually more expensive and tend to have a higher nutritional content. Some say that they also taste better than conventional vegetable crops. Not all naturally grown vegetables are vegetarian. High vegetable products and their consumption will lead to solid vegetable sales and international purchases on the world market.

Global Vegetable Farming Market By Application:

The household vegetable farming market segment is expected to have significant market revenue. There should be no comparison between the taste of fresh garden tomatoes and the grocery store you buy that has no taste. The American food system's nature is that the grocery store produce is usually grown hundreds of miles away, which means it can be in days between harvesting and your table. This process leads to the product being compromised and also improving the health benefits of most of the population. According to a study, consuming more organic fruits and vegetables may lead to a healthy life.

REGIONAL ANALYSIS:

The global vegetable farming market was estimated at $1898.1 billion in 2017. Asia-Pacific was the largest region with $1278.7 billion or 67.3% in the worldwide market. China was the largest country with 1153.2 billion or 60.7 % in the global vegetable farming market. It's a new technology that can grow fruits and vegetables anywhere. North America was the second-largest producer of vegetables, followed by Middle-East America and Latin America. The Middle-East-America region produced around 56 million metric tons of vegetables in 2019. In Europe, 2.2 million hectares of arable land are used to grow vegetables. 

KEY PLAYERS IN THE GLOBAL VEGETABLE FARMING MARKET:

Dole Food, Fresh Del Monte Produce, General Mills, Grimmway Farms, Carlton Farms, Abers Acres, Devine Organics, Lakeside Organic Gardens. Some of the market players dominate the global vegetable farming market.

RECENT HAPPENINGS IN THE VEGETABLE FARMING MARKET:

• Fresh Del Monte, the marketer and distributor of high-quality fresh fruits and vegetables, announced that it would expand its organic fresh-cut fruit production in North America, mainly in Canada and the U.S.
• On March 4th, 2019, General Mills announced that they had decided to advance regenerative agriculture practices by 2030 on 1 million acres of agricultural land.
• Impact of Covid-19 On the vegetable farming market
• The COVID-19 pandemic has had a profound effect on the vegetable farming market. Lack of staff disrupted transport, Imports, and exports due to the vacancy of producers are significant factors that directly or indirectly affect the vegetable farming market and directly impact the need for new vegetables on the farmer's side. 
• The market risk of vegetable production has grown significantly, and the gap between field and market prices has widened. The difference in retail price between traditional channels and e-commerce is significant. The pandemic affected almost every phase of the vegetable supply chain but significantly impacted the retail segment. Furthermore, to slow down the impact of the pandemic on vegetable production and stabilize urban "shopping baskets" and the income of farmers, it is necessary to develop agricultural insurance further, mainly to provide insurance against market risks.

DETAILED SEGMENTATION OF THE GLOBAL VEGETABLE FARMING MARKET INCLUDED IN THIS REPORT

This research report on the global vegetable farming market is segmented and sub-segmented based on Production Type, Application, and Region.

By Production Type

• Growing Vegetable crops
• Producing Vegetable Seeds

By Application

• Household
• Commercial

By Region

• North America 
• Asia-Pacific 
• Europe 
• Latin America 
• Middle-East-America