Best Prospects in the Global Vertical Farming Market and Strategies for Growth – Includes Vertical Farming Market Research
The Business Research Company’s report goes into great detail on the vertical farming market size and growth, vertical farming market regional analysis, vertical farming market competitive landscape, and other critical information needed to excel in the vertical farming industry.
Major players in the vertical farming market include 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.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
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%.
North America was the largest region in the vertical farming market in 2021.
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.
The rise in urbanization is expected to propel the growth of the vertical farming market.
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 Global Vertical Farming Market Report Is Segmented:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Vertical Farming Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the vertical farming market globally and regionally, analyzes and forecasts market size, share, vertical farming market players, vertical farming market segments, leading competitor revenues, profiles and market shares.
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