Space Agriculture Market: Global Industry Analysis and Forecast (2024-2030)

  • The Space Agriculture Market size was valued at USD 5.32 Bn. in 2023 and the total Global Space Agriculture revenue is expected to grow at a CAGR of 18.20 % from 2024 to 2030, reaching nearly USD 12.7 Bn. by 2030.

  • Format : PDF | Report ID : SMR_1808

Space Agriculture Market Overview

Space agriculture, also known as astroculture, is the cultivation of plants in outer space environments for long-duration human space missions. It provides food, oxygen, and resources, and supports sustainable human colonization efforts. Space agriculture uses local resources on celestial bodies, provides fresh food, oxygen generation, and psychological benefits, and serves as a subject for studying astronaut growth behavior in microgravity.


  • June 21, 2023, USFDA and NASA have signed a memorandum of understanding to enhance collaboration in agricultural research, technology, and management, utilizing science data for decision-making.


The Stellar Market Research report provides an analysis of the Space Agriculture (DEM) market, both in the past and present, as well as future estimates. The market estimates are based on a comprehensive research methodology that includes primary research, secondary research, and expert advice. The report takes into account current market dynamics, economic, ssocial, and political factors, as well as regulations, government spending, and research and development growth. Positive and negative changes to the market are also considered.


The increasing funding and efforts for advancing scientific research  driving the growth of Space Agriculture (DEM). It also includes the cost, segments, trends, region, and commercial development of the major key players globally for the projected period.


The report also includes an analysis of both quantitative and qualitative data, with a forecast period extending from 2024 to 2030. The report takes into consideration various factors such as product pricing and penetration at both country and regional levels, country GDP, market dynamics of parent market and child markets, end application industries, major players, consumer buying behavior, and economic, political, and social scenarios of countries.


The report is divided into various segments to provide a detailed analysis of the market from every possible aspect. The market outlook section gives a detailed analysis of market evolution, growth drivers, restraints, opportunities, and challenges, Porter's 5 Forces Framework, macroeconomic analysis, value chain analysis, and pricing analysis that directly shape the market at present and over the forecasted period. The drivers and restraints cover the internal factors of the market, while opportunities and challenges are the external factors affecting the market. The market outlook section also indicates the trends influencing new business development and investment opportunities.

Space Agriculture Market


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Space Agriculture Market Dynamics

One of the key drivers driving the growth of the Space Agriculture is the potential for significant improvements in efficiency and sustainability, leading to increased profit margins and sales volumes for growers. Space technologies offer unprecedented insights into crop health, water usage, and soil conditions, allowing growers to optimize resource allocation and reduce waste. By leveraging these insights, growers increases their yield per acre, thereby boosting their sales volume and profitability.


Besides, the ability of space technologies to reduce agricultural CO2 emissions and freshwater use aligns with increasing consumer demand for sustainable and environmentally friendly products, further driving sales. As these technologies become more affordable and accessible, barriers to adoption are being overcome, leading to wider acceptance and integration into agricultural practices.


The market is to be driven by the need for self-sustaining life support systems, which includes space-based agriculture. The market is expected to be driven by the advancement of technologies like hydroponics and aeroponics that enable plant growth in microgravity settings.


Scientific research is driving the demand for space agriculture, providing valuable insights into plant biology and adaptation to extreme environments. Growing plants in space allows scientists to study microgravity conditions, enhancing crop resilience and productivity. This research also contributes to the development of closed-loop life support systems and regenerative technologies for human life in space habitats. Space agriculture also offers a unique environment for studying the effects of microgravity and space radiation on plant genetics, leading to advancements in crop improvement and genetic modification.

Space Agriculture Market1

Competition from traditional food sources

Competition from traditional food sources poses a threat to the Space Agriculture owing to established supply chains, lower production costs, efficient distribution networks, consumer familiarity, and scale. Traditional agriculture benefits from economies of scale and established infrastructure, resulting in more affordable products and widespread market access. Consumer preferences and skepticism towards non-traditional food sources also impede the adoption of space-grown products. Overcoming these challenges will require technological advancements, cost reductions, and consumer acceptance to establish space agriculture as a competitive alternative.


Space Agriculture  Market Trends 

Technological advancements in space agriculture have revolutionized its feasibility, efficiency, and sustainability. Controlled Environment Agriculture (CEA) techniques and automation have optimized resource and space use. Despite initial investment, long-term benefits outweigh costs due to efficient resource use, reduced labor, and increased crop yields. Bioregenerative Life Support Systems (BLSS) and innovative designs enhance efficiency and sustainability. Technological advancements are expected to drive the global Space Agriculture growth by improving efficiency and ensuring sustainable food production.


Space agriculture is being revolutionized by artificial intelligence (AI) in two major ways, driving a positive revenue trend in the industry. First, AI-enabled sensors maximize crop yields and reduce resource loss by continuously monitoring and adjusting environmental conditions. This optimization leads to increased revenue for farmers. Additionally, AI systems examine plant data to forecast and prevent disease outbreaks, ensuring healthier and more sustainable food production.


Space Agriculture Market Segment Analysis

By Application, according to SMR research, the application segment is divided into scientific research and agriculture. In 2023, the agriculture segment dominated the Space Agriculture.Space agriculture is crucial for sustaining human life in space habitats, providing astronauts with food, oxygen, and essential resources. As space exploration progresses, agriculture becomes indispensable for extraterrestrial environments. It also presents significant economic opportunities for exploration and colonization, with potential commercial ventures in space farming and agribusiness. Technological advancements in space agriculture, such as environmental control systems and closed-loop resource management, have broader applications beyond scientific research, benefiting Earth industries and future space settlements.


  • An introductory workshop on technology utilization for the agriculture industry was held by the Indian National Space Promotion and Authorization Centre (IN-SPACe). Participants in the five-day seminar, which took place in Ghaziabad, learned about the many theoretical and practical applications of space technologies in the agriculture industry.


  • March 20, 2024, Tech companies are pioneering farms in space, ushering agriculture beyond Earth's bounds. This innovative approach promises to revolutionize food production, opening new frontiers for sustainable farming and ensuring food security for future generations.

Space Agriculture Market2

Space Agriculture Market Regional Analysis

North America emerged as the most significant global player in the Space Agriculture, with a  highest market revenue share in 2023. The region offers significant investment and infrastructure in space exploration, with organizations like NASA and private companies such as SpaceX driving research and development efforts. Also, North America is home to numerous research institutions, universities, and laboratories specializing in agriculture, space science, and biotechnology, fostering collaboration and innovation in space agriculture. The supportive policy and regulatory environment further promote innovation and commercialization in space-related industries, including agriculture.


  • NASA has announced that astronauts on the Artemis III mission will conduct the first lunar farming experiments, aiming to understand how the Moon's peculiarities affect plant life. This research will aid in future extended missions and the aspirational goal of landing on Mars, enhancing our understanding of plant growth and responses to space settings.

Space Agriculture Market3

North America's dominance is further strengthened by strategic partnerships and collaborations among industry giants. For instance, partnerships between software providers and cloud services enhance the delivery and scalability of monitoring tools.  Customer-centric strategies are another key aspect of North American companies' success. They prioritize understanding and improving user experiences, offering customized and efficient solutions tailored to individual client needs. This approach builds brand loyalty and fosters long-term relationships with customers driving the Space Agriculture market. Companies dominate the Space Agriculture market with advanced tech, partnerships, and a focus on customer satisfaction in the region.


Space Agriculture Market Competitive Landscape

The Space Agriculture is a competitive mix of established entities and innovative startups. Key players include AeroFarms, NASA, SpaceX, Orbital Agriculture, Paragon Space Development Corporation, Space Tango, and Plantagon. These companies are driving technological advancements and pushing boundaries to make space agriculture a viable reality for future exploration and colonization missions. They are exploring vertical farming


 applications in space habitats and developing long-duration space missions.

  • ICT-AGRI-FOOD and BLE have been working very successfully with ESA for many years and in 2021 signed a Memorandum of Intent with ESA to highlight and re-inforce this exchange and joint activities between the two organisations.
  • Pixxel Space India Pvt Ltd and the Union Agriculture Ministry have inked a Memorandum of Understanding (MOU) to create geospatial solutions for soil and crop health monitoring. Amidst the signing of the Memorandum of Understanding was Agriculture Secretary Manoj Ahuja.
  •  In March 2024, NASA, a key market player, chose Firelake-Arrowhead NASA Services Joint Venture, a small business based in Lawrence, Kansas, to provide construction management, inspection, surveying, and testing services at various NASA centers nationwide.

Space Agriculture Market Scope

Market Size in 2023

USD 5.32 Bn.

Market Size in 2030

USD 12.7 Bn.

CAGR (2024-2030)

11.5 %

Historic Data


Base Year


Forecast Period



by Type



by Application

Scientific Research


Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America


Key Player in the Space Agriculture Market

  1. CASC (China Aerospace Science and Technology Corporation) - China
  2. NASA (National Aeronautics and Space Administration) – USA
  3. SpaceX
  4. XX

Frequently Asked Questions

The trends in the Space Agriculture include the development of innovative farming techniques, the use of robotics and automation in space farming, and the adoption of sustainable and eco-friendly practices in space agriculture.

1.    Space Agriculture Market: Research Methodology 
2.    Space Agriculture Market: Executive Summary
3.    Space Agriculture Market: Competitive Landscape
4.    Potential Areas for Investment

4.1. Stellar Competition Matrix
4.2. Competitive Landscape
4.3. Key Players Benchmarking
4.4. Market Structure
4.4.1.    Market Leaders 
4.4.2.    Market Followers
4.4.3.    Emerging Players

4.5. Consolidation of the Market
5.    Space Agriculture Market: Dynamics
5.1. Market Trends by Region
5.1.1.    North America
5.1.2.    Europe
5.1.3.    Asia Pacific
5.1.4.    Middle East and Africa
5.1.5.    South America

5.2. Market Drivers by Region
5.2.1.    North America
5.2.2.    Europe
5.2.3.    Asia Pacific
5.2.4.    Middle East and Africa
5.2.5.    South America

5.3. Market Restraints
5.4. Market Opportunities
5.5. Market Challenges
5.6. PORTER’s Five Forces Analysis
5.7. PESTLE Analysis
5.8. Strategies for New Entrants to Penetrate the Market
5.9. Regulatory Landscape by Region
5.9.1.    North America
5.9.2.    Europe
5.9.3.    Asia Pacific
5.9.4.    Middle East and Africa
5.9.5.    South America

6.    Space Agriculture Market Size and Forecast by Segments (by Value Units)
6.1. Space Agriculture Market Size and Forecast, by Type (2023-2030)
6.1.1.    Plant
6.1.2.    Seed

6.2.  Space Agriculture Market Size and Forecast, by Application (2023-2030)
6.2.1.    Scientific Research
6.2.2.    Agriculture 

6.3. Space Agriculture Market Size and Forecast, by Region (2023-2030)
6.3.1.    North America
6.3.2.    Europe
6.3.3.    Asia Pacific
6.3.4.    Middle East and Africa
6.3.5.    South America

7.    North America Space Agriculture Market Size and Forecast (by Value Units)
7.1. North America Space Agriculture Market Size and Forecast, by  Type (2023-2030)
7.1.1.    Plant
7.1.2.    Seed

7.2.  North America Space Agriculture Market Size and Forecast, by Application (2023-2030)
7.2.1.    Scientific Research
7.2.2.    Agriculture 

7.3. North America Space Agriculture Market Size and Forecast, by Country (2023-2030)
7.3.1.    United States
7.3.2.    Canada
7.3.3.    Mexico

8.    Europe Space Agriculture Market Size and Forecast (by Value Units)
8.1. Europe Space Agriculture Market Size and Forecast, by  Type (2023-2030)
8.1.1.    Plant
8.1.2.    Seed

8.2.  Europe Space Agriculture Market Size and Forecast, by Application (2023-2030)
8.2.1.    Scientific Research
8.2.2.    Agriculture 

8.3. Europe Space Agriculture Market Size and Forecast, by Country (2023-2030)
8.3.1.    UK
8.3.2.    France
8.3.3.    Germany
8.3.4.    Italy
8.3.5.    Spain
8.3.6.    Sweden
8.3.7.    Austria
8.3.8.    Rest of Europe

9.    Asia Pacific Space Agriculture Market Size and Forecast (by Value Units)
9.1. Asia Pacific Space Agriculture Market Size and Forecast, by  Type (2023-2030)
9.1.1.    Plant
9.1.2.    Seed

9.2.  Asia Pacific Space Agriculture Market Size and Forecast, by Application (2023-2030)
9.2.1.    Scientific Research
9.2.2.    Agriculture 

9.3. Asia Pacific Space Agriculture Market Size and Forecast, by Country (2023-2030)
9.3.1.    China
9.3.2.    S Korea
9.3.3.    Japan
9.3.4.    India
9.3.5.    Australia
9.3.6.    Indonesia 
9.3.7.    Malaysia
9.3.8.    Vietnam
9.3.9.    Taiwan
9.3.10.    Bangladesh 
9.3.11.    Pakistan
9.3.12.    Rest of Asia Pacific

10.    Middle East and Africa Space Agriculture Market Size and Forecast (by Value Units)
10.1. Middle East and Africa Space Agriculture Market Size and Forecast, by  Type (2023-2030)
10.1.1.    Plant
10.1.2.    Seed

10.2.  Middle East and Africa Space Agriculture Market Size and Forecast, by Application (2023-2030)
10.2.1.    Scientific Research
10.2.2.    Agriculture 

10.3. Middle East and Africa Single-Use Filtration Assembly Market Size and Forecast, by Country (2023-2030)
10.3.1.    South Africa
10.3.2.    GCC
10.3.3.    Egypt
10.3.4.    Nigeria
10.3.5.    Rest of ME&A

11.    South America Space Agriculture Market Size and Forecast (by Value Units)
11.1. South America Space Agriculture Market Size and Forecast, by  Type (2023-2030)
11.1.1.    Plant
11.1.2.    Seed

11.2.  South America Space Agriculture Market Size and Forecast, by Application (2023-2030)
11.2.1.    Scientific Research
11.2.2.    Agriculture 

11.3. South America Space Agriculture Market Size and Forecast, by Country (2023-2030)
11.3.1.    Brazil
11.3.2.    Argentina
11.3.3.    Rest of South America

12.    Company Profile: Key players
12.1. NASA 
12.1.1.    Company Overview
12.1.2.    Financial Overview
12.1.3.    Business Portfolio
12.1.4.    SWOT Analysis
12.1.5.    Business Strategy 
12.1.6.    Recent Developments

12.2. CASC
12.3. SpaceX
12.4. XX
13.    Key Findings
14.    Industry Recommendations

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