Global Vertical Farming Market Growth 2019-2024
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.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. The price presents fluctuation according to the economy development status. Also, there is fluctuation in gross margin.
According to this study, over the next five years the Vertical Farming market will register a 39.3% CAGR in terms of revenue, the global market size will reach US$ 11100 million by 2024, from US$ 2120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vertical Farming business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vertical Farming market by product type, application, key manufacturers and key regions and countries.
This study considers the Vertical Farming value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hydroponics
Aeroponics
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Vegetable Cultivation
Fruit Planting
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
Uriah's Urban Farms
Atlantic Beach Urban Farms
CityFarm
Brooklyn Grange
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vertical Farming consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vertical Farming market by identifying its various subsegments.
Focuses on the key global Vertical Farming manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vertical Farming with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vertical Farming submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. The price presents fluctuation according to the economy development status. Also, there is fluctuation in gross margin.
According to this study, over the next five years the Vertical Farming market will register a 39.3% CAGR in terms of revenue, the global market size will reach US$ 11100 million by 2024, from US$ 2120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vertical Farming business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vertical Farming market by product type, application, key manufacturers and key regions and countries.
This study considers the Vertical Farming value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hydroponics
Aeroponics
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Vegetable Cultivation
Fruit Planting
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
Uriah's Urban Farms
Atlantic Beach Urban Farms
CityFarm
Brooklyn Grange
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vertical Farming consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vertical Farming market by identifying its various subsegments.
Focuses on the key global Vertical Farming manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vertical Farming with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vertical Farming submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
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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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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