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Prime agricultural land can be scarce and expensive. With worldwide population growth, the demand for both more food and more land to grow food is ever increasing. One solution to our need for more space is vertical farming, involves growing crops in controlled Vegetable Cultivation environments, with precise light, nutrients, and temperatures. In vertical farming, growing plants are stacked in layers that may reach several stories tall.
According to types, the most proportion of the Vertical Farming and Plant Factory is Hydroponics, taking about 93% share of global market in 2020. America is the major consumption region of the global market, which takes about 93% market share.
Market Analysis and Insights: Global Vertical Farming and Plant Factory Market
The global Vertical Farming and Plant Factory market was valued at US$ 448.9 in 2020 and will reach US$ 1679.7 million by the end of 2027, growing at a CAGR of 24.6% during 2022-2027.
Global Vertical Farming and Plant Factory Scope and Market Size
The global Vertical Farming and Plant Factory market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Vertical Farming and Plant Factory market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Hydroponics
Aeroponics
Others
Segment by Application
Vegetable Cultivation
Fruit Planting
Others
The Vertical Farming and Plant Factory market is analysed and market size information is provided by regions (countries). Segment by Application, the Vertical Farming and Plant Factory market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
AeroFarms
Lufa Farms
Gotham Greens
Sky Greens
Plenty (Bright Farms)
Mirai
Spread
Scatil
TruLeaf
Sky Vegetables
GreenLand
Nongzhongwulian
SANANBIO
AgriGarden
According to types, the most proportion of the Vertical Farming and Plant Factory is Hydroponics, taking about 93% share of global market in 2020. America is the major consumption region of the global market, which takes about 93% market share.
Market Analysis and Insights: Global Vertical Farming and Plant Factory Market
The global Vertical Farming and Plant Factory market was valued at US$ 448.9 in 2020 and will reach US$ 1679.7 million by the end of 2027, growing at a CAGR of 24.6% during 2022-2027.
Global Vertical Farming and Plant Factory Scope and Market Size
The global Vertical Farming and Plant Factory market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Vertical Farming and Plant Factory market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Hydroponics
Aeroponics
Others
Segment by Application
Vegetable Cultivation
Fruit Planting
Others
The Vertical Farming and Plant Factory market is analysed and market size information is provided by regions (countries). Segment by Application, the Vertical Farming and Plant Factory market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
AeroFarms
Lufa Farms
Gotham Greens
Sky Greens
Plenty (Bright Farms)
Mirai
Spread
Scatil
TruLeaf
Sky Vegetables
GreenLand
Nongzhongwulian
SANANBIO
AgriGarden
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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