Global Vertical Farming Market – Market Reports World

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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 our Researcher latest study, the global Vertical Farming market size was valued at USD 5863 million in 2022 and is forecast to a readjusted size of USD 57510 million by 2029 with a CAGR of 38.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The major players in global Vertical Farming market include AeroFarms, Gotham Greens, Plenty (Bright Farms) , etc. North America and Europe are main markets, they occupy about 80% of the global market. Hydroponics is the main type, with a share about 90%. Vegetable Cultivation is the main application, which holds a share about 85%.

This report is a detailed and comprehensive analysis for global Vertical Farming market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Vertical Farming market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029

Global Vertical Farming market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029

Global Vertical Farming market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029

Global Vertical Farming market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Vertical Farming

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Vertical Farming market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms and Beijing IEDA Protected Horticulture, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Vertical Farming market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Hydroponics

Aeroponics

Others

Market segment by Application

Vegetable Cultivation

Fruit Planting

Others

Major players

covered

AeroFarms

Gotham Greens

Plenty (Bright Farms)

Lufa Farms

Beijing IEDA Protected Horticulture

Green Sense Farms

Garden Fresh Farms

Mirai

Sky Vegetables

TruLeaf

Urban Crops

Sky Greens

GreenLand

Scatil

Jingpeng

Metropolis Farms

Plantagon

Spread

Sanan Sino Science

Nongzhong Wulian

Vertical Harvest

Infinite Harvest

FarmedHere

Metro Farms

Green Spirit Farms

Indoor Harvest

Sundrop Farms

Alegria Fresh

Farmbox

Greener Roots Farm

Market segment by region, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Vertical Farming product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Vertical Farming, with price, sales, revenue and global market share of Vertical Farming from 2018 to 2023.

Chapter 3, the Vertical Farming competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Vertical Farming breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Vertical Farming market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Vertical Farming.

Chapter 14 and 15, to describe Vertical Farming sales channel, distributors, customers, research findings and conclusion.