The Vertical Farming Market size was valued at US 5.07 Bn in 2023 and market revenue is growing at a CAGR of 25.7 % from 2023 to 2030, reaching nearly USD 25.14 Bn by 2030.
Vertical Farming Market Overview
The report is a clear presentation of the past, current and future conditions of the Vertical Farming Market. The PORTER and PESTLE helps to understand Vertical Farming industry through different perspectives including economic, political, etc.
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Vertical Farming Market Report Scope and Research Methodology
The report encapsulates the latest trends within the Vertical Farming industry. It furnishes a comprehensive Vertical Farming market overview, including its definition and structural elements, alongside discussions of proactive and pre-planned management approaches. A central focus of the report rests on pivotal factors influencing the Vertical Farming Market, encompassing aspects such as gross margin, market share, cost, capacity utilization, as well as demand and supply dynamics.
Furthermore, the report provides insights into market size and share, illuminating the industry landscape. The inclusion of estimates based on robust data and statistics renders the report a valuable guide for decision-makers within the Vertical Farming market. The report delves into the prominent players of the global Vertical Farming market, assessing their size, market share, revenue, production volume, and profitability. It also outlines growth strategies, such as strategic alliances and innovative product introductions, being employed by market players. Additionally, the report contributes to a comprehensive understanding of competitor pricing within the Vertical Farming industry. Employing a SWOT analysis, the report highlights the strengths, weaknesses, opportunities, and threats present within the Vertical Farming industry.
Vertical Farming Market Segmentation
by Growth Mechanism
Hydroponic
Aeroponic
Aquaponic
by Structure
Building based structure
Container based structure
Based on Structure: In 2023, the vertical farming market’s structure segment was dominated by the container-based segment. This increase is explained by the containers’ capacity to enable agricultural production wherever they are. One major benefit of container farming is that it is space-efficient and mobile, so newcomers may get started without requiring large amounts of land or special facilities. Because used containers are easily found for less money, increasing competition has contributed to a drop in shipping container prices while also fostering market expansion. Notwithstanding these benefits, there are still issues to be resolved, such as reduced relative productivity and possible conflicts with heat, light, and layout control. However, the market for shipping containers is expected to rise due to advances in technology and a rise in the use of precision agricultural methods.
by Application
Indoor
Outdoor
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Table of Content: Vertical Farming Market
Part 01: Executive Summary
Part 02: Scope of the Vertical Farming Market Report
Part 03: Vertical Farming Market Landscape
Part 04: Vertical Farming Market Sizing
Part 05: Vertical Farming Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Vertical Farming Market Key Players
North America
1. AeroFarms (United States)
2. Plenty (United States)
3. Bowery Farming (United States)
4. BrightFarms (United States)
5. Gotham Greens (United States)
6. Lufa Farms (Canada)
7. Farm.One (United States)
8. Local Roots Farms (United States)
9. Green Sense Farms (United States)
10. Vertical Harvest (United States)
11. Freight Farms (United States)
12. Crop One Holdings (United States)
13. Fifth Season (United States)
14. AppHarvest (United States)
15. FarmBox Foods (United States)
16. Modular Farms (Canada)
17. Urban Grow Inc. (United States)
Europe
1. Infarm (Germany)
2. Urban Crop Solutions (Belgium)
3. Jones Food Company (United Kingdom)
4. iFarm (Finland)
5. PlantLab (Netherlands)
6. Evergreen Farm Oy (Finland)
Asia Pacific
1. Sky Greens (Singapore)
2. Spread Co., Ltd. (Japan)
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Vertical Farming Market Regional Insights
The report has been systematically divided into numerous pivotal countries, encompassing metrics such as market size, CAGR, as well as import and export dynamics within the Vertical Farming market for each mentioned country. The regions under study and their respective countries include:
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Spain, Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC)
- South America (Brazil)
- Middle East and Africa
Key Questions answered in the Vertical Farming Market Report are:
- What are the factors driving the Vertical Farming market growth?
- What are the factors restraining the Vertical Farming market growth?
- What is the expected Vertical Farming market size by the end of the forecast period?
- Who are the Vertical Farming key players in the industry?
- Which region is expected to grow at a high CAGR during the forecast period?
- Which region held the largest Vertical Farming market share?
Key Offerings:
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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