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Asia-Pacific Smart Farming Market Analysis and Forecast Report 2024-2034, with Focus on Kubota Corporation and Eruvaka Technologies
GlobeNewswire News Room· 2025-04-10 16:35
Market Overview - The Asia-Pacific smart farming market is projected to grow from $4.83 billion in 2024 to $29.87 billion by 2034, with a compound annual growth rate (CAGR) of 19.98% during the forecast period [1][11]. Market Drivers - The expansion of the APAC smart farming market is driven by the increasing need for sustainable agricultural practices, effective resource management, and the integration of advanced technologies such as IoT, AI, and robotics [2][3]. - Government programs and subsidies promoting the digitization of agriculture are significantly aiding market growth [4]. Market Applications - Smart farming applications in the region include crop monitoring, livestock management, irrigation automation, and farm management software, which utilize real-time data from sensors, drones, and satellite imagery to enhance decision-making [5]. Market Segmentation - The market is segmented by application, product type, and country, with key applications including precision farming, livestock monitoring, and aquaculture [10]. Key Players - Prominent companies in the Asia-Pacific smart farming market include KUBOTA Corporation and Eruvaka Technologies Pvt. Ltd [15][19]. Future Trends - The report highlights trends such as the impact of 5G technology and the use of LoRa Wide Area Network (LoRaWAN) in smart farming [16].
Edible Garden's Poultry Mix Launches in Major Retailer Just in Time for Spring Holidays
Newsfilter· 2025-04-08 13:15
Core Insights - Edible Garden AG Incorporated is expanding its fresh Poultry Mix product into the ShopRite chain, leveraging its existing retail relationships and aiming to meet consumer demand for fresh, sustainable culinary herbs during key seasonal periods [1][2][5] Group 1: Product Launch and Market Strategy - The Poultry Mix, which includes fresh culinary herbs like rosemary, thyme, and sage, is being launched in time for the spring holiday season, coinciding with Passover and Easter [2][4] - The product rollout follows a successful winter holiday season where sales doubled year-over-year during Thanksgiving, Christmas, and New Year [2] - The launch is supported by Edible Garden's in-store branding and merchandising tools to enhance consumer visibility and maximize retail impact [4][5] Group 2: Retail Partnerships and Consumer Trust - Edible Garden's partnership with ShopRite, part of Wakefern Food Corp., is significant due to ShopRite's strong presence with over 350 stores and its recognition as the "Most Trusted Grocery Retailer in the Northeast" for three consecutive years [3][5] - The collaboration aims to deepen retail partnerships by introducing high-velocity products that align with consumer demand and seasonal trends [5] Group 3: Company Overview and Sustainability Initiatives - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce, with a commitment to Zero-Waste Inspired farming practices [6] - The company operates state-of-the-art vertically integrated greenhouses and processing facilities in New Jersey and Michigan, and has a network of contract growers near major U.S. markets [6] - Edible Garden has been recognized as a FoodTech 500 company and is a member of Walmart's Project Gigaton sustainability initiative, highlighting its commitment to sustainability and innovation in agriculture [6]
HydroGreen Secures Third Order from Agrotopia Ireland, Expanding Adoption of Climate-Smart Feed Solutions
Newsfile· 2025-03-07 13:30
Core Insights - HydroGreen, a subsidiary of CubicFarm Systems Corp., has secured a third order of five GLS 808 machines from Agrotopia Ireland, indicating a growing demand for its Automated Vertical Pastures™ system in Ireland's livestock sector [1][2][3] Company Overview - HydroGreen specializes in producing Automated Vertical Pastures™, which efficiently sprout grains like wheat and barley in a controlled environment to create high-performance livestock feed year-round [6] - The technology automates all growing functions, allowing livestock businesses to provide consistent nutrition with minimal labor [6] Industry Context - The increasing adoption of HydroGreen's systems highlights the importance of agricultural trade shows, where farmers seek cost-effective, climate-smart feed alternatives [2] - Agrotopia, as a leading hub for sustainable agriculture in Ireland, integrates advanced hydroponic technology to produce fresh, nutrient-rich fodder for livestock, enhancing agricultural efficiency and reducing environmental impact [8][9] Partnership Dynamics - The partnership between HydroGreen and Agrotopia has been beneficial, with Agrotopia planning a rapid expansion in 2025-2026 due to the success of initial installations [3] - Agrotopia's strategic location provides excellent access to regional and national fairs, enhancing the visibility of HydroGreen's technology [3] Market Trends - The demand for sustainable and efficient agricultural solutions is driving advancements in technology, with HydroGreen's systems positioned to meet the needs of progressive beef and dairy farmers [2][9] - The focus on reducing input costs while improving feed reliability and animal performance is a key trend in the livestock sector [3]
CubicFarms Announces Completion of Redmond Heritage Farms Project, Supporting the Growing Demand for Natural, Healthier Livestock Diets
Newsfile· 2025-03-06 13:30
Core Insights - CubicFarm Systems Corp. has completed the HydroGreen GLS 808 machine installation at Redmond Heritage Farms, addressing the rising demand for natural livestock feed solutions [1][3] - The project, valued at USD $340,308 (CAD $493,000), aligns with the company's mission to promote healthier and sustainable food production [2] - The completion of this project is part of a broader trend towards regenerative agriculture and natural livestock diets, reflecting consumer demand for cleaner food products [4] Financial Impact - Revenue from the Redmond Heritage Farms project will be recognized in Q1 2025, following the company's conservative revenue recognition policy [5][6] - Revenue from three previously commissioned projects will be recognized in Q4 2024, ensuring transparency in financial reporting [6] Market Trends - The grass-fed beef market is projected to reach USD $13.3 billion in 2025, growing at a CAGR of 4.4%, driven by consumer demand for antibiotic-free and naturally raised livestock [7] - Redmond Heritage Farms is committed to pasture-feeding its cows and using fresh, roughage-based diets, aligning with the growing consumer preference for natural products [8][10] Sustainability Initiatives - The HydroGreen GLS 808 machine is expected to produce half of the farm's daily feed using about 95% less water than traditional farming methods, promoting sustainability [11] - The project supports local agriculture and aims to optimize livestock nutrition while reducing environmental impact [10][11] Company Overview - HydroGreen specializes in Automated Vertical Pastures™, providing innovative indoor growing solutions for livestock feed [14] - CubicFarms develops ag-tech solutions to produce high-quality, predictable produce and livestock feed, contributing to a localized food supply [15] - Redmond Heritage Farms focuses on natural farming practices, producing raw milk and pasture-fed meat products, catering to health-conscious consumers [16]
CHIPOTLE PREMIERES "UNFOLDED" - AN ANIMATED SHORT FILM FEATURING A COVER BY HALSEY ALONGSIDE $2 MILLION DONATION TO SUPPORT SUSTAINABLE AG
Prnewswire· 2025-02-26 16:03
Core Insights - Chipotle Mexican Grill has launched a new short film titled "Unfolded," which emphasizes sustainable agriculture aligned with its Food With Integrity principles [1][4] - The film premiered as a national TV ad on Roblox, marking Chipotle as the first restaurant brand to debut an ad in the metaverse [1][10] - Chipotle is donating $2 million to four universities to support future farming initiatives, part of a larger commitment to contribute $5 million by the end of 2025 [3][8] Group 1: Film and Promotion - "Unfolded" features an animated journey through a Chipotle bag, transforming into a paper world that illustrates sustainable farming practices [2][4] - The film is accompanied by a rendition of "She's a Rainbow" by GRAMMY-nominated artist Halsey, enhancing its creative appeal [5][6] - The premiere on Roblox included an interactive experience where the first 50,000 users who watched the film received a free entrée code [10][13] Group 2: Commitment to Sustainable Agriculture - Chipotle's $2 million donation will support projects at The Ohio State University, Cal State Monterey Bay, Colorado State University, and the University of Florida, focusing on sustainable agriculture and education [3][7] - The initiatives include establishing agrivoltaics programs and research facilities to advance agricultural practices [6][8] - Chipotle's commitment to sustainable agriculture is further demonstrated through its initiative to allocate 5% of profits from Tractor Beverage sales to support farmers [3][8] Group 3: Corporate Vision and Future Goals - Chipotle aims to cultivate a better world by promoting sustainable agricultural practices and supporting the next generation of farmers [4][9] - The company emphasizes the importance of real food and responsible sourcing, aligning its business practices with environmental sustainability [11] - Chipotle's ongoing efforts in digital innovation and community engagement reflect its commitment to making real food accessible to all [11][12]