The global forecast for the agriculture nets market predicts substantial growth, with a market size estimated at US$ 10,679.8 million in 2023. The anticipated Compound Annual Growth Rate (CAGR) of 5.5% from 2023 to 2033 indicates that the market’s global value is expected to rise significantly to an impressive US$ 18,242.6 million by 2033.
The agriculture nets market is experiencing growth driven by an increased demand for cleanly grown food products in contaminant-free environments. As the global population rises, so does the need for food products, subsequently boosting the market for agriculture nets. These nets play a crucial role in protecting crops from various threats including birds, insects, small animals, and environmental factors such as UV radiation and adverse weather conditions. They are also used in the harvesting of various fruits like olives, chestnuts, almonds, and walnuts, either by being placed directly on the trees or in greenhouse openings to protect the soil.
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Further market expansion is supported by farmers’ growing awareness of the importance of crop protection. Agriculture nets are increasingly used not only in traditional farming but also in horticulture and floriculture, contributing to national food security efforts in many countries. Innovations like anti-hail nets also enhance crop protection by improving the micro-environments around the plants, which can lead to increased agricultural output. Additionally, the use of agriculture nets is expanding into residential sectors, supporting activities such as terrace gardening, window shelters, fishing, and construction fencing, thereby broadening the market reach.
The trend towards terrace and balcony gardening is particularly noteworthy, attracting new customers and expanding the market. However, a significant challenge facing the global agriculture nets market is the substantial initial investment required, which can be particularly burdensome for low-income farmers in developing regions. This financial barrier poses a notable obstacle to market growth in these areas.
Global industrial operators can boost their sales volume by capitalizing on untapped opportunities in emerging markets. Even though the end result could be expensive, corporations can offer personalized remedies based on the demands of farmers in the region since each country has a distinct soil composition, and the concerns of farmers in one location might be different from those in another. This holds for farmers from identical countries. Furthermore, increased investment in developing novel products is an additional reason to anticipate higher revenue.
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“Sales of agriculture nets are set to remain higher in Asia Pacific through 2033 since the region witnesses a high level of agricultural activity throughout the year. Government initiatives in countries like India and China have encouraged the adoption of modern farming practices, which drive sales of these nets apart from other agricultural equipment.” according to a lead consumer product analyst at FMI.
Key Takeaways from the Agriculture Nets Market
- In the North America agriculture nets sector, the United States and Canada emerged as leading markets in 2023 with 17.4% and 3.2% market share, respectively.
- In the Europe agriculture nets industry of 2023, Germany and the United Kingdom take the lead, capturing significant market shares of 6.8% and 5.4%, respectively.
- In 2023, India and China stand out as the dominant markets in the Asia Pacific agriculture nets market, capturing market shares of 14.6% and 10.3%, respectively.
- The market is spearheaded by the shading nets segment, commanding 42.10% of the global agriculture nets industry in 2023.
- The woven form is the leading segment by form, with a 56.70% share of the global agriculture nets industry market in 2023.
Key Players and Strategies for Success in the Agriculture Nets Market
In the agricultural nets sector, success hinges on key strategies. Key players partner with local growers, working closely together. They create new and better products by using advanced materials and eco-friendly methods. Quality is a top priority as well in this industry. They keep improving through research and development. By listening to what customers need and caring for the environment, these companies ensure their lasting success in the market.
Recent Developments in the Agriculture Nets Market
In May 2023, Nestlé opened the Institute of Agricultural Sciences to assist in improving the sustainability of agriculture by providing science-based farming solutions. Nestlé specialists assess and come up with solutions in important areas of focus, such as plant science, agricultural systems, and milk production at the new institution.
In March 2023, Syngenta Group unveiled the introduction of “Shoots by Syngenta™.” It is an international network meant to assist in handling agriculture’s challenging issues, enhance innovation, and develop more sustainable agriculture.
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Market Segmentation of Agriculture Nets
Type:
- Shading Nets
- Anti-hail
- Anti-insects
- Windbreak
- Others
Form:
- Woven
- Non-woven Form
Application:
- Farming Area
- Animal Husbandry
- Horticulture and Floriculture
- Aquaculture
- Others
End Use:
- Industrial Agriculture
- Sustainable Agriculture
Price Range:
- Economic
- Mid-range
- Premium
Material Type:
- Metal
- Plastic
- Rubber
- Others
Sales Channel:
- Hypermarkets/Supermarkets
- Specialty Stores
- Departmental Stores
- Independent Stores
- Hardware Stores
- Farm Equipment Stores
- Other Sales Channel
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- MEA
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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