Learn about the global vertical farming market through The Business Research Company, which provides information on vertical farming market size, vertical farming market drivers and restraints, vertical farming market players, the COVID-19 impact on the vertical farming market, and more.

The global vertical farming market size is expected to grow from $4.21 billion in 2021 to $5.04 billion in 2022 at a compound annual growth rate (CAGR) of 19.72%. The global vertical farming market size is expected to grow to $11.58 billion in 2026 at a CAGR of 23.15%.

The rise in urbanization is expected to propel the growth of the vertical farming market.

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The vertical farming market consists of sales of vertical farms by entities (organizations, sole traders, and partnerships) which are involved in vertical farming. Vertial farming refers to the process of cultivating vegetables in layers that are stacked vertically. Growing methods include soil, hydroponics, and aeroponics. Vertical farms try to grow food in difficult conditions, such as where arable land is less or unavailable. Using skyscraper-like architecture and many approaches, the system aids mountaintop settlements, deserts, and cities in growing various types of fruits and vegetables.

Global Vertical Farming Market Segments Include:

By Component: Irrigation Component, Lighting, Sensor, Climate Control, Building Material, Others

By Structure: Shipping Container, Building-Based

By Type: Hydroponics, Aeroponics, Aquaponics

By Crop Type: Leafy Green, Pollinated Plants, Nutraceutical Plant

By Application: Indoor, Outdoor

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the vertical farming market in 2021.

As the vertical farming industry expands, new developing trends in the sector are emerging to keep up with the technological advancements surrounding the market. One of the latest such kinds of trends is next generation vertical farms, which are farms that make use of hi-tech growing methods to produce high quantities of crops all year round.

TBRC’s Vertical Farming Market Report Covers:

Major Market Players: 4D Bios Inc., AeroFarms, Agricool, Agrilution, American Hydroponics, CropOne, Freight Farms, Green Sense Farms, Heliospectra Ab, Illumitex Inc., Infarms, Osram, Plenty Unlimited Inc., Signify Holding, Sky Greens, Spread, Square Mile Farms Ltd., Swegreen, Urban Crop Solutions, Valoya, Eden Green Technology, Gotham Greens Holdings LLC, AppHarvest, Kalera, General Hydroponics Inc., Mirai Co. Ltd., Altius Farms, Bowery Farming, Future Crops, Growpod Solutions, and Intelligent Growth Solutions.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Vertical Farming Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides vertical farming market overviews, analyzes and forecasts market size, share, vertical farming market players, vertical farming market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s vertical farming market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Farm Machinery And Equipment Global Market Report 2022

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Organic Farming Global Market Report 2022

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