About Germination Kits and Trays
With greater job opportunities, better infrastructure, and improved standard of living in cities, rural populations around the world are shifting to urban areas at an increasing rate. This urbanization, along with soil erosion and land pollution, has reduced the size of arable land per person in urban areas. There is a need to increase the supply of healthy and nutrient-rich food with reduced cycle time.
This has led to the introduction of germination kits and trays for quick germination under necessary and suitable conditions. With the growing popularity of indoor farming, the global germination kits and trays market is on the rise.
Technavio’s analysts forecast the global germination kits and trays market to grow at a CAGR of 4.23% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global germination kits and trays market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of germination kits and trays around the world.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Germination Kits and Trays Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Germination Kits and Trays Market: Aerogrow, Hydrofarm, Jiffy and Viagrow.
Other Prominent Vendors in the market are: Apollo Horticulture, Atlee Burpee, Linan Horti-King Technology, Ningbo Seninger Plastics, Root!T, Ruian Hengxiong Electric and Super Sprouter.
Commenting on the report, an analyst from Technavio’s team said: “Rising urbanization has increased the demand for new residential and commercial buildings, making it imperative to encourage the use of green cover in urban areas. To meet the increasing demand for food, urban farming is being encouraged due to scarcity of affordable agricultural land in urban areas. Therefore, germination kits and trays are being extensively used to boost the germination process.”
According to the report, governments worldwide are implementing new policies to increase food productivity and address food crisis concerns. To meet the growing demand for food, investments are being made in agricultural R&D, indoor farming, and greenhouse farming. With increase in focus on indoor and greenhouse farming, the use of germination kits and trays is expected to rise. Some kits also include a booster or substrate to speed up the germination process.
Further, the report states that with the ability to grow vegetables indoors, the global germination kits and trays market faces a challenge in the need for continuous monitoring of soil conditions for proper seed germination.
Aerogrow, Hydrofarm, Jiffy, Viagrow, Apollo Horticulture, Atlee Burpee, Linan Horti-King Technology, Ningbo Seninger Plastics, Root!T, Ruian Hengxiong Electric, Super Sprouter
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