Global Germination Kits and Trays Market to grow at a CAGR of 4.23% during the period 2016 - 2020; Finds New Report

Report forecast the global germination kits and trays market to grow at a CAGR of 4.23% during the period 2016-2020.

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.

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:

• North America
• Europe
• APAC
• ROW

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.

Global Germination Kits and Trays Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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.

Market driver

• Growing demand for agriculture products
• For a full, detailed list, view our report

Market challenge

• Need for continuous monitoring
• For a full, detailed list, view our report

Market trend

• Increasing urbanization
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 45 pages and 20 Exhibit “Global Germination Kits and Tray Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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