Vertical farming market is performed in indoor conditions where vertically stacked trays are used to grow plants with the help of artificial lighting. This is being utilized for manufacturing various crop such as latus, cabbage and other leafy vegetables effectively. Vertical farming is considered to be the more sustainable and revolutionary method of agriculture than traditional agriculture and greenhouse farming. It requires very less water and saves considerable soil and space. This farming method is useful in challenging environments such as cities, mountainside towns and deserts.
The vertical farming market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 26.8% in the forecast period of 2021 to 2028 and expected to reach USD 21,871.19 million by 2028. Increasing demand for the clean organic food is a prominent factor that is driving the growth of the vertical farming market.
Global Vertical Farming Market, By Growth Mechanism (Hydroponics, Aeroponics, Aquaponics), Structure (Shipping Containers, Building Based), Type (Biopesticides, Biofertilizer, Biostimulants), Crop Type (Leafy Green, Pollinated Plants, Nutraceutical Plant), Application (Indoor, Outdoor), Component (Lighting, Hydroponic Component, Climate Control, Sensors), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
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Market Drivers and Restraints:
On the basis of growth mechanism, the market is segmented into aeroponics, hydroponics, and aquaponics
On the basis of structure, the market is segmented into building-based and shipping container
On the basis of type, the market is segmented into biopesticides, biostimulants and biofertilizers
On the basis of application, the market is segmented into indoor and outdoor
On the basis of crop type, the market is segmented into leafy green, pollinated plants and nutraceutical plants
On the basis of component, the market is segmented into lighting, hydroponic components, climate control and sensors
The major players covered in the Vertical Farming Market
Some of the major players operating in global vertical farming market are AeroFarms, Gills N Claws Pte Ltd, Illumitex Inc., MOFLO aeroponics, Sky Greens, SPREAD Co., Ltd., Triton Foodworks, ZipGrow Inc., Urban Crop Solutions, AmHydro, EVERLIGHT ELECTRONICS CO., LTD., Agrinamics., CropOne, PLENTY UNLIMITED INC, OSRAM GmbH, Valoya, Signify Holding, HELIOSPECTRA AB, Altius Farms, CubicFarm Systems Inc., Agrilution, Green Sense Farms Holdings, Inc., Bowery Farming, Inc., Infarm, among others.
Major TOC Of The Report Global Vertical Farming Market
Chapter One: Vertical Farming Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Vertical Farming Market Competition, by Players
Chapter Four: Global Vertical Farming Market Size by Regions
Chapter Five: Vertical Farming Market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Vertical Farming Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Vertical Farming Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Vertical Farming Market
A roadmap of growth opportunities available in the global Vertical Farming Market with the identification of key factors
The exhaustive analysis of various trends of the global Vertical Farming Market to help identify market developments
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Key Questions Answered in Report:
What is the key to the Vertical Farming Market?
What will the Vertical Farming Market Demand and what will be Growth?
What are the latest opportunities for Vertical Farming Market in the future?
What are the strengths of the key players?
Key Stakeholders Audience Covered:
In order to better analyze value of the medical devices Industry, a lot of attention given to forward and backward Integration of Bioprocessing Systems Market
- Global Vertical Farming Market Manufacturers
- Global Vertical Farming Market Distributors/Traders/Wholesalers
- Global Vertical Farming Market Sub-component Manufacturers
- Industry Association
- Downstream Vendors
Data Bridge Market also provides customized specific regional and country-level reports, see below break-ups.
· North America: United States, and Mexico.
· South & Central America: Argentina, LATAM, and Brazil.
· Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
· Europe: UK, France, Italy, Germany, Spain and Russia.
· Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, and Australia.
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