Livestock Grow Lights Global Market Report 2023 – By Type (Fluorescent, Light Emitting Diode (LED), Incandescent, High-Intensity Discharge), By Livestock (Cattle, Poultry, Swine, Other Livestock), By Color (Green, Red, White, Blue), By Installation (Retrofit, New-Installation) – Market Size, Trends, And Global Forecast 2023-2032

Livestock healthcare refers to the development of health-building and illness prevention, detection, and management strategies that support the health and welfare of farm animals. They are used for improving the health, welfare, and productivity of livestock. The main types of livestock healthcare are vaccines, pharmaceuticals, feed additives, diagnostics, and other types. Feed additives are single ingredients or substances used in animal nutrition to improve the quality of feed and animal-derived foods. It contributes to the health and performance of the animals. These are applied to various livestock animals such as poultry, swine, cattle, sheep and goats, horses, and others and are used by various end users such as reference laboratories, point-of-care testing or in-house testing, veterinary hospitals and clinics, and others. The global livestock healthcare market is segmented - 1) By Product Type: Vaccines, Pharmaceuticals, Feed Additives, Diagnostics, Other Types 2) By Livestock Animal: Poultry, Swine, Cattle, Sheep And Goats, Horse, Other Animals 3) By End User: Reference Laboratories, Point-of-care Testing or In-house Testing, Veterinary Hospitals and Clinics, Other Users The global livestock healthcare market size is expected to grow from $39.89 billion in 2022 to $43.04 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global livestock healthcare market size is expected to grow to $57.14 billion in 2027 at a CAGR of 7.3%. The increasing prevalence of food-borne and zoonotic diseases is expected to propel the livestock healthcare market going forward. Foodborne refer to infectious diseases caused by the consumption of food or water contaminated by pathogenic microorganisms such as bacteria, parasites, and viruses. Zoonotic diseases are illnesses that transmit between animals and humans. Livestock healthcare helps to detect, prevent and treat diseases from the animals through vaccines and medications, so increasing food-borne and zoonotic diseases increases the demand for the livestock healthcare products. For instance, in July 2020, according to the World Health Organization, a Switzerland-based specialized agency responsible for international public health, there were around 200 types of zoonoses in 2020, and further, it is estimated that globally, about 1 billion cases of illness and millions of deaths occur every year from zoonoses. Therefore, the increasing prevalence of food-borne and zoonotic diseases drive the livestock healthcare market. Major players in the livestock healthcare market are Ceva Santé Animale, Virbac SA, Vetoquinol SA, Boehringer Ingelheim International GmbH, Bayer Healthcare AG, Elanco Animal Health Incorporated, Hester Biosciences Limited, Merck & Co Inc., Phibro Animal Health Corporation, Zoetis Inc., Intas Pharmaceuticals Ltd., Norbrook Laboratories Ltd., Alivira Animal Health Limited, and IDEXX Laboratories Inc. Technological innovations are a key trend gaining popularity in the livestock healthcare market. Major companies operating in the livestock healthcare market are focused on developing new technological solutions to strengthen their market position. For instance, in July 2022, Merck Animal Health, a US-based biopharmaceutical company that develops and produces medicines and vaccines, launched “Whisper on Arrival,” a first-of-its-kind technology that transforms decision-making for cattle. It is uniquely designed with specialized sound-gathering equipment and a predictive algorithm that helps to analyze animal breathing, heartbeat, weight, and rectal temperature and offers useful information to feedlot managers and vets for decisions involving specific animals. It aids in formulating a plan of action for the management of bovine respiratory disease (BRD) and identifies the cattle that may be more susceptible to illness. In September 2022, Zoetis Inc., a US-based producer of medicine and vaccinations for pets and livestock, acquired Jurox Animal Health for an undisclosed amount. Through this acquisition, combined resources with Jurox are expected to increase the range of products offered and the potential for global expansion for Zoetis. Jurox Animal Health is an Australian-based developer and producer of veterinary pharmaceutical solutions for livestock producers, veterinarians, and pet owners. North America was the largest region in the livestock healthcare market in 2022. The regions covered in the global livestock healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the livestock healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The livestock healthcare market consists of sales of livestock medications such as biologics and tick medications as well as tools for livestock disease diagnosis. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The livestock healthcare market research report is one of a series of new reports from The Business Research Company that provides livestock healthcare market statistics, including livestock healthcare industry global market size, regional shares, competitors with a livestock healthcare market share, detailed livestock healthcare market segments, market trends and opportunities, and any further data you may need to thrive in the livestock healthcare industry. This livestock healthcare market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Food crops grown under cover refers to the food crops that are produced or grown under glass or any protective cover. Crop rotation, no-till, and organic farming all significantly support this technique. The major types of food crops grown under cover are fruits and vegetables, herbs and microgreens, flowers and ornamentals, and other crops. Fruits and vegetables refer to types of plant-based foods that are an important part of a healthy diet. Various growing system of crops are hydroponics, aeroponics, aquaponics, soil-based, and hybrid. The two major components are hardware and software. Several types of facilities are involved, such as glass or poly greenhouses, indoor vertical farms, container farms, indoor deep-water culture systems, and other facility types. The global food crops grown under cover market is segmented - 1) By Crop Type: Fruits And Vegetables, Herbs And Microgreens, Flowers And Ornamentals, Other Crop Types 2) By Growing System: Hydroponics, Aeroponics, Aquaponics, Soil-Based, Hybrid 3) By Component: Hardware, Software 4) By Facility Type: Glass Or Poly Greenhouses, Indoor Vertical Farms, Container Farms, Indoor Deep-Water Culture Systems, Other Facility Types The global food crops grown under cover market size is expected to grow from $50.43 billion in 2022 to $57.36 billion in 2023 at a compound annual growth rate (CAGR) of 13.73%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global food crops grown under cover market size is expected to reach $88.95 billion in 2027 at a CAGR of 11.59%. Increasing demand for organic food is expected to propel the growth of the food crops grown under the cover market going forward. Organic foods are grown and processed without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs), which can be harmful to both human health and the environment. The demand for organic food has been increasing in recent years as more and more people become aware of the benefits of consuming organic products. For instance, in 2021, an Organic Industry Survey report published by The Organic Trade Association (OTA), a US-based business association for the organic industry, the sales of organic food and food products in US increased by 12.4% in 2020 accounting for $61.9 billion in total. It represented a growth rate more than twice as fast as the 2019 pace of 5%, and it was the first time that total sales of organic food and non-food products had reached the $60 billion threshold. Therefore, increasing demand for organic food is propelling the growth of the food crops grown under cover market. Major players in the food crops grown under cover market are Argus Control Systems, LumiGrow, Netafim, Richel Groups, General Hydroponics, Crop One Holdings, Metropolis Farms Inc., Bright Farms Inc., Bowery Inc., Certhon, Vertical Farm Systems, Hydrodynamics International, Illumitex, Garden Fresh Farms, Green Sense Farms LLC and Sky Greens (Sky Urban Solutions). New crop production techniques have emerged as the major trend gaining popularity in the food crops grown under cover market. Major companies operating in the food crops grown under cover market are introducing new crop production techniques such as greenhouses, vertical farming, and hydroponic farming to strengthen their position in the market. For instance, in November 2021, NASA- National Aeronautics and Space Administration, a US-based research agency launched an innovative indoor farming technique to produce and grow food crops under cover. The novel technology combines plant science and environmental control techniques to optimize plant growth inside an enclosed space. This innovative agricultural approach laid the foundation for the controlled environment agriculture (CEA) industry. In April 2022, Local Bounti Corporation, a US-based indoor agriculture company involved in the production of food crops under cover, acquired Hollandia Produce Group, Inc. for an amount of $122.5 million. Through this acquisition, Local Bounti Corporation aims for further margin expansion by implementing proprietary Stack and Flow Technology into Pete’s facilities and offering additional operational synergies. Hollandia Produce Inc. (Pete's) is a US-based indoor farming company that specializes in growing and distributing premium greenhouse-grown produce, including tomatoes, cucumbers, and bell peppers. North America was the largest region in the food crops grown under cover market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global food crops grown under cover market report during the forecast period. The regions covered in the global food crops grown under cover market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food crops grown under cover market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The food crops grown under cover market consist of sales of food crops grown under protection such as fruits and vegetables in greenhouses and hoop houses, as well as transplants for commercial vegetable production. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified). The revenues for a specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The food crops grown under cover market research report is one of a series of new reports from The Business Research Company that provides food crops grown under cover market statistics, including food crops grown under cover industry global market size, regional shares, competitors with a food crops grown under cover market share, detailed food crops grown under cover market segments, market trends and opportunities, and any further data you may need to thrive in the food crops grown under cover industry. This food crops grown under cover market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Grow light refers to artificial lighting designed to substitute natural sunlight that encourages indoor plant photosynthesis and provides the right color spectrum where the plant can grow and flourish. The main types of grow light are light-emitting diode (LED), high-intensity discharge (HID), plasma and fluorescent. Light emitting diode (LED) grow light luminaires utilizing LED chips in a modern and efficient way to produce light for growing plants. LED grow lights are used to increase the size and speed of plant growth to create superior crops. They are available in full-spectrum and partial spectrum for various applications including indoor farming, commercial greenhouse, vertical farming and others. The global grow light market is segmented - 1) By Type: Light Emitting Diode (LED), High Intensity Discharge (HID), Plasma, Fluorescent 2) By Spectrum: Full-Spectrum, Partial Spectrum 3) By Application: Indoor Farming, Commercial Greenhouse, Vertical Farming, Other Applications The global grow light market size is expected to grow from $3.08 billion in 2022 to $3.63 billion in 2023 at a compound annual growth rate (CAGR) of 17.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global grow light market size is expected to grow to $6.81 billion in 2027 at a CAGR of 17.0%. The growing adoption of indoor farming practices is significantly contributing to the growth of grow light market going forward. Indoor farming refers to the method of cultivating crops or plants, typically on a large scale, entirely indoors. Grow lights are employed in indoor farming when there is a dearth of natural light since they mimic or even outperform sunlight in terms of plant development. For instance, according to the Guardian, a UK-based daily newspaper, investments in indoor farming increased by over $1bn in 2021, exceeding the combined investment generated in previous years. Therefore, the growing adoption of indoor farming practices is driving the grow light market. Major players in the grow light market are AeroFarms, Everlight Electronics Co. Ltd., Gavita International b.v., Heliospectra AB, Hortilux Schréder b.v., Illumitex Inc., Lumigrow Inc., Osram Licht AG, Signify N.V., Sunlight Supply Inc., General Electric Company, Platinum LED Lights LLC, Hydrofarm Inc., Alta LED Corporation, Savant Systems Inc. and Helliospectra AB. Product innovation is the key trend gaining popularity in the grow light market. Major companies operating in the grow light market are focusing on manufacturing innovative grow lights to improve their energy efficiency and offer more in terms of spectrum and applications. For instance, in September 2021, Growealth a US-based manufacturer of grow lights launched an innovative line of led grow lights for efficient plant growth. The maximum Par/Lumen output is offered by these innovative surface-mounted diodes. It is ideal for silent operation indoors because there is no fan noise and the aluminum board it is made of makes it strong and long-lasting. Additionally, it has a clever input voltage adjustment that ranges from 110V to 277V, making it compatible with various power cables and plugs from various countries. In May 2022, Signify, a Netherlands-based lighting corporation acquired Fluence for an undisclosed amount. The acquisition strengthened Signify’s position in the North American horticulture lighting market. Fluence is a US-based manufacturer of LED grow lights for commercial greenhouse and indoor farming applications. Europe was the largest region in the grow light market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global grow light market report during the forecast period. The regions covered in the global grow light market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the grow light market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The grow light market consists of sales of far-red grow light and blue LED grow light. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The grow light market research report is one of a series of new reports from The Business Research Company that provides grow light market statistics, including grow light industry global market size, regional shares, competitors with a grow light market share, detailed grow light market segments, market trends and opportunities and any further data you may need to thrive in the grow light industry. This grow light market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Essential oils & plant extract for livestock market refer to plant extracts are regarded as natural substances that can take the place of antibiotics as secure and enduring substitutes. The essential oils & plant extract for livestock include cloves and cinnamon have antibacterial properties in the rumen and are also powerful antioxidants, thyme stimulates the digestive system, which may help animals develop and be more productive, vanilla oregano has antibacterial and antimicrobial qualities, which may help with feed intake and efficiency. The main types of essential oils & plant extract for livestock market are essential oils and plant extracts. The essential oils refer to the application of essential oils in livestock for animal growth, improving feed intake, and efficiency. Essential oil is a natural oil typically obtained by distillation and having the characteristic odor of the plant or other source from which it is extracted. Both solid/power and liquid form essential oils & plant extract are helpful to address gut health, immunity, and yield of livestock. The essential oils & plant extract products are suitable for cattle feed, poultry feed, swine feed, aquatic feed, and other livestock. The global essential oils & plant extract for livestock market is segmented - 1) By Type: Essential Oils, Plant Extracts 2) By Form: Solid/Powder, Liquid 3) By Function: Gut Health, Immunity, Yeild 4) By Livestock: Cattle Feed, Poultry Feed, Swine Feed, Aquatic Feed, Other Livestocks The global essential oils & plant extract for livestock market size grew from $3.07 billion in 2022 to $3.31 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The global essential oils & plant extract for livestock market size is expected to grow to $4.33 billion in 2027 at a CAGR of 6.9%. The surging demand for livestock products is driving the growth of the essential oils & plant extract for livestock market. Increasing shift in consumption patterns among individuals across the globe, rapid growth in disposable income among individuals in both developed and developing countries and increasing adoption of livestock products due to their health-related benefits are mutually contributing to increased demand for livestock products across the globe. The rapid growth in demand for livestock products is expected to boost the consumption of essential oil & plant extracts, as the livestock producers are increasingly inclining towards organic sources to maintain their herd. For instance, in 2020, according to the Food and Agriculture Organization (FAO), livestock production accounts for 20-24% of agricultural gross domestic product (AGDP) in both developed and developing countries. Over 600 million households worldwide rely on the livestock sector as a primary source of income. Livestock accounts for 34% of protein intake and 18% of dietary energy supplies globally. Therefore, surging demand for livestock products is expected to propel the growth of the essential oils & plant extract for livestock market over the coming years. Major players in the essential oils & plant extract for livestock market are Kemin Industries, Inc., Phytosynthese, Provitim, Olmix S.A., Herbarom Laboratoire, Herbavita, Danisco, Manghebati, Laboratoires Phode, Delacon Biotechnik GmbH, Joh. Vogele KG, IDENA SAS, CCPA GROUP, Foreverest Resources Ltd., and Destilaciones Bordas Chinchurreta SA. Technological advancements are a key trend gaining popularity in essential oils & plant extract for livestock market. Many companies operating in essential oils & plant extract for livestock are developing new products or new technologies to strengthen their position in their market. For instance, in October 2021, Cargill launched poultry feed with essential oils for healthy flocks and maximized egg production. Essential oils are added to the company's Nutrena and Naturewise poultry diets to assist raise egg weight and size, improving digestion, and boosting immunity. The FlockShield exclusive ingredient also enables the maintenance of a good, healthy stomach, which boosts the immune system. Yeast culture, prebiotics, and probiotics are included to aid with digestion and nutritional absorption. In October 2021, Royal DSM, Netherlands-based a global purpose-led science company acquired First Choice Ingredients for an enterprise value of USD453 million. With this acquisition, DSM can help First Choice Ingredients grow even faster by selling their products outside the US to DSM's large global customer base and incorporating their solutions into DSM's full offering on taste, texture, and health in sustainable solutions for Food & Beverage customers. As a result of the acquisition, First Choice Ingredients gains access to DSM's world-class biotechnology toolbox, fermentation, and global customer relationships. First Choice Ingredients, a US-based company is a leading manufacturer of concentrated dairy flavors created by natural fermentation and reaction technologies. Asia-Pacific was the largest region in the essential oils & plant extract for livestock market in 2022. The regions covered in the global essential oils & plant extract for livestock market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the essential oils & plant extract for livestock market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The essential oils & plant extract for livestock market consists of sales of leaves, stems, seeds, lavender, peppermint, hemp extract. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The essential oils plant extract for livestock market research report is one of a series of new reports from The Business Research Company that provides Essential oils & plant extract for livestock market statistics, including essential oils & plant extract for livestock industry global market size, regional shares, competitors with an essential oils & plant extract for livestock market share, detailed essential oils & plant extract for livestock market segments, market trends and opportunities, and any further data you may need to thrive in the essential oils & plant extract for livestock industry. This essential oils & plant extract for livestock market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

LED grow lights refer to specialized LED lights that facilitate photosynthesis in plants which helps plants to grow without sunlight or in very low sunlight. These lights are used for growing indoor crops. The main led grow light market covered in this report is segmented by spectrum: narrow, broad. Narrow spectrum lights refer to lights that emit light of specific wavelengths, specifically red and blue. The various wattage includes low power (<100 w), medium power (100–300 w)and high power (>300 w). The installation types include new installation and retrofit. These are used in various applications such as indoor farming, commercial greenhouse, vertical farming, turf and landscaping, research and other applications. The global LED grow light market is segmented - 1) By Spectrum: Narrow, Broad 2) By Wattage: Low Power (<100 W), Medium Power (100–300 W), High Power (>300 W) 3) By Installation Type: New Installation, Retrofit 4) By Application: Indoor Farming, Commercial Greenhouse, Vertical Farming, Turf And Landscaping, Research, Other Applications The global LED grow light market size is expected to grow from $2.47 billion in 2022 to $3.10 billion in 2023 at a compound annual growth rate (CAGR) of 25.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global LED grow light market size is expected to reach $7.77 billion in 2027 at a CAGR of 25.8%. The growth of indoor farming is expected to propel the growth of the LED grow lights market going forward. Indoor farming refers to farming that is done indoors such as in a building with very less or no sunlight. LED grow lights facilitate the photosynthesis process with a spectrum aimed at a specific goal such as anthocyanin accumulation, flowering inhibition and enhanced rooting of indoor plants, as a result, the growth of indoor farming increases the demand for LED grow lights. For instance, in June 2021, according to Artemis, a US-based enterprise cultivation management solutions provider, a survey was conducted on indoor farming among 205 enterprise horticulture facilities across the US. Among those enterprise horticulture facilities, 73% of the indoor farming enterprises were planning to significantly expand their business in the upcoming five years which was planned at 544 acres in total. Further, glass or polycarbonate greenhouses were planned to expand the most at 206 acres which were followed by container farms at 156 acres and indoor vertical farms at 84 acres. Therefore, the growth of indoor farming drives the LED grow lights market. Major players in the LED grow light market are Illumitex Inc., OSRAM Licht AG, LumiGrow Inc., Heliospectra AB, Bridgelux Inc., General Electric Company, Samsung Electronics Co. Ltd., Senmatic A/S, Shenzhen Grow LED Technology Co. Ltd., Signify NV, SMART Global Holdings Inc., Valoya Ltd., Violet Gro Inc., Cidly Co.Ltd., Kessil Lighting, Kind LED Grow Lights and LED Hydroponic Ltd. Product innovations are a key trend gaining popularity in the LED grow light market. Major companies in the market are introducing innovative products such as ‘nurturGrow’ sustainable LED grow lights to sustain their position in the market. For instance, in July 2021, Light Science Technologies, a UK-based developer of controlled environment agriculture products launched nurturGrow LED grow lights. The new product is innovative and sustainable with 85% of its components being reusable which would help indoor growers to upgrade the components very easily and save costs on lighting. The nurturGrow light has a variable length of up to 2.78 m making it the longest luminaire in the market. In January 2022, Scotts Miracle-Gro Company, a US-based consumer of lawn, garden and pest control products acquired Luxx Lighting for an undisclosed amount. The acquisition is in line with the company’s strategy to improve its offerings for commercial cannabis cultivators and improve stakeholder value. Luxx Lighting is a US-based developer of high-performance grow lights. Asia-Pacific was the largest region in the LED grow light market in 2022. The regions covered in the global LED grow light market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the LED grow light market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The LED grow light market consists of sales of single-ended and double-ended grow lights. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The LED grow lights market research report is one of a series of new reports from The Business Research Company that provides LED grow lights market statistics, including LED grow lights industry global market size, regional shares, competitors with a LED grow lights market share, detailed LED to grow lights market segments, market trends and opportunities and any further data you may need to thrive in the LED grow lights industry. This LED grow lights market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plant growth regulators refer to chemical substances that completely regulate all aspects of a plant's growth and development, such as increasing branching, reducing shoot growth, increasing return bloom, getting rid of extra fruit, or changing the maturity of the fruit. The main types of plant growth regulators are cytokinins, auxins, gibberelins, ethylene and other types. Cytokinins refer to plant-specific chemical messengers (hormones) that are crucial for regulating the plant cell cycle and a number of developmental procedures. The various formulations included water-dispersible and water-soluble granules, wettable powders and solutions. These are used for several applications such as fruits and vegetables, cereals and grains, oil seeds and pulses and turf and ornaments. The global plant growth regulators market is segmented - 1) By Type: Cytokinins, Auxins, Gibberelins, Ethylene, Other Types 2) By Formulation: Water-Dispersible And Water-Soluble Granules, Wettable Powders, Solutions 3) By Application Type: Fruits And Vegetables, Cereals And Grains, Oil Seeds And Pulses, Turf And Ornaments The global plant growth regulators market size is expected to grow from $2.69 billion in 2022 to $2.96 billion in 2023 at a compound annual growth rate (CAGR) of 10.21%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every market across the globe. The global plant growth regulators market size is expected to reach $4.23 billion in 2027 at a CAGR of 9.30%. Increasing demand for organic farming is expected to propel the growth of the plant growth regulators market going forward. Organic farming refers to producing crops, animals, and other goods without using synthetic chemical pesticides, antibiotics, transgenic species, growth-stimulating hormones, or other chemicals. Plant growth regulators are primarily used in organic farming to improve crop quality and yield, boost root growth, and raise the size and productivity of specific crops, including grapes and strawberries. These factors boost the plant growth regulators market. For instance, in February 2022, according to the reports shared by Eurostat, a Luxembourg-based government agency, around 14.7 million hectares of agricultural land in Europe was used for organic farming in 2020, making up 9.1 percent of all agricultural land. In 2020, France had 2.5 million hectares of land used for organic farming, and Spain had 2.0 million hectares of land used for organic farming. Therefore, increasing demand for organic farming is driving the growth of plant growth regulators. Major players in the plant growth regulators market are BASF SE, Bayer Crop Science, Corteva Agriscience, Sumitomo Chemical Australia Pty Ltd., Syngenta AG, Valent BioSciences Corporation, NuFarm Ltd, Sumitomo Chemica Co. Ltd, FMC Corporation, The Dow Chemical Company, ADAMA India Private Limited, Nippon Soda Co. Ltd., Arysta LifeScience Corporation, Tata Chemicals Limited, Sichuan Guoguang Agrochemical Co. Ltd, UPL Limited, Redox Industries Ltd, Xinyi (H.K.) Industrial Co. Ltd, and WinField Solutions LLC. Product innovation is a key trend gaining popularity in the plant growth regulator market. Major companies operating in the plant growth regulators market are focusing on developing innovative products to sustain their position in the market. For instance, in January 2020, BASF SE, a Germany-based multinational company, launched Attraxor®, a new plant growth regulator (PGR). Attraxor slows the growth of the grass' longitudinal shoots, reducing the need for mowing and the number of clippings produced. Attraxor has several distinctive qualities, including starting to work four hours after application, enhancing playability, increasing sward density, and producing excellent lawn quality and look., improves labor productivity, increases regulation of development against fine turf grass species, and enhances root formation, which results in better grass. In December 2022, Adama Agricultural Solutions., an Israel-based crop protection company, acquired Agrinova New Zealand Limited., for an undisclosed amount. Through this acquisition, Adama Agricultural Solutions expects to improve its position in New Zealand and open the door for its expansion into the biological market. Agrinova New Zealand Limited is a New Zealand-based crop protection company that manufactures crop protection products and plant growth regulators primarily for the horticulture segment. Europe was the largest region in the plant growth regulators market in 2022. The regions covered in the global plant growth regulators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the plant growth regulators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plant growth regulators consist of sales of paclobutrazol, gibberellic acid, salicylic acid, brassinosteroids, strigolactones, and polyamine. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plant growth regulators market research report is one of a series of new reports from The Business Research Company that provides plant growth regulators market statistics, including plant growth regulators industry global market size, regional shares, competitors with a plant growth regulators market share, detailed plant growth regulators market segments, market trends and opportunities, and any further data you may need to thrive in the plant growth regulators industry. This plant growth regulators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Animal growth promoters and performance enhancers refer to the substances that are added to feeds as supplements or injections to increase feed utilization and growth in farm animals, as well as veterinary medicinal products that are administered to healthy animals in order to favourably influence the yield, quality, and/or growth of animal products. The main types of animal growth promoters and performance enhancers are antibiotic growth promoters and non-antibiotic growth promoters. Antibiotic growth promoters refer to the promoters that will enhance the health of the animal and increase productivity. These include natural chemicals such as microbial products, prebiotics, and probiotics, yeast products, enzymes and herbs, oils, and spices. The different types of animals that use animal growth promoters and performance enhancers include poultry, swine, livestock, aquaculture, and other animals. The global animal growth promoters and performance enhancers market is segmented – 1) By Type: Antibiotic Growth Promoters, Non-Antibiotic Growth Promoters 2) By Animal Type: Poultry, Swine, Livestock, Aquaculture, Other Animals 3) By Nature of Chemicals: Microbial Products, Prebiotics And Probiotics, Yeast Products, Enzymes/Herbs, Oils And Spices The global animal growth promoters and performance enhancers market size will grow from $13.73 billion in 2022 to $14.65 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global animal growth promoters and performance enhancers market size is expected to grow to $18.92 billion in 2027 at a CAGR of 6.6%. The growing demand for meat is a significant factor that will drive the market for animal growth promoters and performance enhancers. Animal growth promoters make the animal accumulate fat and weight, resulting in more meat production and a more expensive animal. Meat is a major protein source for many people around the world. According to a study by FAO, the production of meat has doubled in the last 30 years and increased four-fold since the mid-1960s. The production and consumption of meat are expected to continue to grow. By 2050, global meat consumption is projected to reach between 460 million and 570 million tons. This is expected to drive the animal growth promoters and performance enhancers market. Major players in the animal growth promoters and performance enhancers market are Merck Animal Health, Cargill, Royal DSM N.V., Vetoquinol S.A., Bupo Animal Health, Elanco Animal Health Inc., Alltech, Bayer Animal Health, Zoetis, and Bioniche Life Sciences. Strict rules set by the US and European governments on the use of animal growth promoters and performance enhancers are restricting the animal growth promoter and performance enhancers market. For instance, Zoetis, the largest producer of animal medicines, is banned from selling antibiotics that promote faster growth in animals in the US and Europe. The US FDA has implemented a regulation that bans the use of antibiotics as feed supplements to help livestock and poultry grow faster. These regulations are expected to negatively impact the growth of the animal growth promoters and performance enhancers market. Companies in the market are increasingly investing in phytogenics for higher efficiency of growth promoters through natural means. Phytogenics, sometimes also referred to as botanicals or phytobiotics, are plant-based feed additives utilised in animal nutrition. They are derived from herbs, spices, and extracts. Phytochemicals can be used in solid, dried, and ground form or as extracts, and can also be classified as essential oils and oleoresins depending on the process used to derive the active ingredients. The use of phytogenics promotes increased feed intake, improved gut function, prevention of diarrhea, and antimicrobial and antioxidative effects in livestock. Companies such as Delacon, Cargill, and BIOMIN have invested in phytogenics. In June 2020, Elanco acquired Bayer Animal Health for $7.6 billion. This acquisition is expected to help Elanco expand its product profile and reach for medicines for pets and livestock. Bayer Animal Health is a division of Bayer HealthCare. North America was the largest region in the animal growth promoters and performance enhancers market in 2022. Asia-Pacific was the second-largest region in the global animal growth promoters and performance enhancers market. The regions covered in the global animal growth promoters and performance enhancers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the animal growth promoters and performance enhancers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The animal growth promoters and performance enhancers market consists of sales of growth hormone medications, anabolic implants, bovine somatotropin, ß-agonists and probiotics. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The animal growth promoters and performance enhancers report is one of a series of new reports from The Business Research Company that provides animal growth promoters and performance enhancers market statistics, including animal growth promoters and performance enhancers industry global market size, regional shares, competitors with animal growth promoters and performance enhancers market share, detailed animal growth promoters and performance enhancers market segments, market trends and opportunities, and any further data you may need to thrive in the animal growth promoters and performance enhancers industry. This animal growth promoters and performance enhancers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Livestock monitoring refers to a method that uses IoT-enabled sensors to track and monitor the health of animals, most frequently cattle, and is also known as precision livestock farming. The monitoring system for livestock aids in keeping an eye on the wellbeing of the animals. One can keep an eye on the grazing pattern and decide better on things like the weight of the livestock and when to feed them. The main types of livestock in the livestock monitoring market are cattle, poultry, swine, equine and others. The cattle livestock monitoring solutions used for monitoring a group of animals including cows, and buffalos. Livestock monitoring uses sensor technology to monitor and ensure the safety of cattle. Livestock monitoring is offered through hardware, software and services and have application in milk harvesting management, heat detection monitoring, feeding management, heat stress management, health monitoring management and sorting and weighing management. The global livestock monitoring market is segmented – 1) By Livestock Type: Cattle, Poultry, Swine, Equine, Other Livestock 2) By Offering: Hardware, Software, Services 3) By Application: Milk Harvesting Management, Heat Detection Monitoring, Feeding Management, Heat Stress Management, Health Monitoring Management, Sorting And Weighing Management The global livestock monitoring market size will grow from $2.74 billion in 2022 to $3.15 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The livestock monitoring market size is expected to grow to $5.67 billion in 2027 at a CAGR of 15.9%. The increasing focus on early disease detection and real-time monitoring in livestock is expected to significantly drive the growth of the livestock monitoring market. The focus on real-time monitoring and early disease detection is crucial for providing proper care for the animals and helping maintain their good health. With sensor technologies that aid in real-time tracking and monitoring, any issues in livestock can be identified so that they can be rectified as early as possible. For instance, in May 2022, Eurostat, a Luxembourg-based European commission, The number of livestock in the EU is significant; in December 2021, there were 142 million pigs, 76 million cattle, 60 million sheep, and 11 million goats. Hence, the increasing focus on real-time monitoring and early detection of diseases will propel the growth of the livestock monitoring market. Major players in the livestock monitoring market are DeLaval Inc., Afimilk Ltd., Boumatic, Dairymaster, Lely, Fullwood Packo Ltd., GEA Group Aktiengesellschaft, Communications Group Lethbridge, Sensaphone, SUM-IT Computer Systems, SCR Dairy, Fancom BV, Infovet, Nedap NV, Allflex Livestock Intelligence and Antelliq Corporation. Technological advancement such as heard management systems is a key trend gaining popularity in the livestock monitoring market. Farmers can keep their cows fresh and healthy by using herd management systems. The herd management system is an advanced system with a single tag that uses software modules to analyze the real-time behavior of livestock. These devices allow farmers to increase milk output while never overworking the cow. It is a less invasive method of keeping track of cows, as it does not need branding or more tagging. For instance, in December 2020, BouMatic, a US-based milking technologies company released an upgraded management system for its Gemini milking robot named OneView. This comprehensive Gemini milking robot management system converts all robot, cow, and herd performance data into easy-to-use tools and graphs to present all data. This system includes sensors that provide data such as milk flow, somatic cell count, color, and conductivity in real-time to monitor and increase productivity. In February 2021, Merck Animal Health, a US-based company and an animal health division of Merck & Co Inc., acquired Poultry Sense Limited, for an undisclosed amount. Through this acquisition, Merck Animal Health intends to enhance its portfolio with complementary products and technology to improve animal well-being and outcomes. Poultry Sense Limited is a UK-based company that offers hardware and software technology solutions for bird health and welfare. North America was the largest region in the livestock monitoring market in 2022. The regions covered in the livestock monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the livestock monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The livestock monitoring market consists of sales of sheep, goat, donkeys, and moles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The market value includes the value of related goods sold by the service provider or included within the service offering. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The livestock monitoring market research report is one of a series of new reports from The Business Research Company that provides livestock monitoring market statistics, including livestock monitoring industry global market size, regional shares, competitors with a livestock monitoring market share, detailed livestock monitoring market segments, market trends and opportunities, and any further data you may need to thrive in the livestock monitoring industry. This livestock monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.