Advancing agriculture sector is driving the growth of the global saline agriculture market in the forecast period, 2022-2026.
According to TechSci Research report, “Saline Agriculture Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026” The global saline agriculture market is expected to project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of surging demand for the higher-yielding food crops. The rapidly rising global population is also driving the growth of the global saline agriculture market in the upcoming five years. Due to scarcity of food in the world and increasing demand for food are major reasons responsible for the future growth of the global saline agriculture market in the next five years. Technological advancements and extensive research towards enhancing the quality and quantity of the food crops are also aiding the growth of the global saline agriculture market in the future five years. Continuous increase in the sea level is increasing salinization in the North Sea region. This increases the seepage of seawater; a higher risk of flooding increases the salinization of farmland in the region and thus substantiates the growth of the global saline agriculture market in the forecast years. Saline agriculture also improves and enhances the re-use of degraded farmland and further aids the growth of the global saline agriculture market in the forecast period, until 2026.
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The global saline agriculture market is segmented on the basis of water source, technology, crop type, application, competitional landscape, and regional distribution. Based on water source, the market is further fragmented into seawater, brackish water, sewage, and others. Seawater is anticipated to register the largest revenue shares of the market and dominate the segment in the upcoming five years on the account of advantages of seawater for the saline agriculture. With increasing sea level and climatic changes, the growth of the market segment is further aiding the growth of the global saline agriculture market in the next five years. Brackish water is also expected to register significant growth in the future five years on the grounds of its application for the saline agriculture. Brackish water can be directly used for the irrigation in the absence of fresh water. Seed irrigation through brackish water is not advised. Rotated interval irrigation with brackish and fresh water can be used with brackish water for salt-tolerant crops or crops at the salt-tolerant growth stages and fresh water for salt sensitive crops or crops at salt sensitive growth stages.
On the basis of technology, the market is segmented into saltwater aquaponics, saltwater hydroponics, saltwater greenhouse, and others. Saltwater aquaponics is a combination of plant cultivation and fish rearing. In countries like Japan, saltwater species are much more popular than the freshwater fishes. The saltwater fish species add to the nutrient level of the saline water and supports the agricultural fields, thereby substantiating the growth of the global saline agriculture market in the forecast years. Saltwater hydroponics do not grow the plants in seawater but creates a possibility that the water derived from the sea is somehow utilized in the hydroponic system. In the hydroponic system, sea water is captured, and nutrients are derived out of it, then fresh water is utilized for the irrigation while supplying the derived nutrient from the seawater to replenish the plants growing inside the setup.
Seawater Solutions, Seawater Greenhouse, Agrisea, Seagrass Tech Private Limited, Smart Floating Farms, Blubrim Systems, Red Sea Farms, Salt Farm Texel, are among the major market players in the global platform that lead the market growth of the global saline agriculture market.
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“Asia Pacific region is expected to dominate the market during forecast years due to high dependency of countries like India, China, and Japan over the agriculture sector to enhance their economic standards. Advancements in the agricultural practices are actively incorporated in these countries and these innovations are supporting the growth of the global saline agriculture market in the upcoming five years. The demand to feed the ever-increasing population of China and India is aiding the demand and the market growth in the future years. Countries like India, Thailand, and Malaysia are surrounded by sea lines. Availability of saline water, and salt soils is also demanding active utilization of saline agriculture to increase the higher yields of the crops. New market players are advised to invest in the extensive research and innovative agriculture practices along with alternate techniques in irrigation of crops, fertilization, and water management such that their brand establishment and consumer demands are well satisfied,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Saline Agriculture Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026, Segmented By Water Source (Seawater, Brackish Water, Sewage, Others), By Technology (Saltwater Aquaponics, Saltwater Hydroponics, Saltwater Greenhouse, Others), By Crop Type (High Yielding Halophytes, Oilseeds, Fuel Wood & Timber, Others), By Application (Ornamental v/s Environmental Protection), By Region”, has evaluated the future growth potential of global saline agriculture and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global saline agriculture market.
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