The global vertical farming market size is expected to hit around USD 31.15 billion by 2030 and progressing a CAGR of 25.2% over the forecast period 2022 to 2030.
The on vertical
farming Market, which provides a business strategy, research & development
activities, concise outline of the market valuation, valuable insights
pertaining to market share, size, supply chain analysis, competitive landscape
and regional proliferation of this industry.
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Scope of the Vertical Farming Market
| Report Highlights | Details |
| Market Size | US$ 31.15 billion by 2030 |
| Growth Rate | CAGR of 25.2% from 2021 to 2030 |
| Base Year | 2021 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Growth Mechanism, Component, Fruits, Vegetables & Herbs, Structure |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
A recent
report provides crucial insights along with application based and forecast
information in the Global Vertical farming Market. The report provides a
comprehensive analysis of key factors that are expected to drive the growth of
this market. This study also provides a detailed overview of the opportunities
along with the current trends observed in the Vertical farming market.
A
quantitative analysis of the industry is compiled for a period of 10 years in
order to assist players to grow in the market. Insights on specific revenue
figures generated are also given in the report, along with projected revenue at
the end of the forecast period.
Companies
and Manufacturers Covered
The study
covers key players operating in the market along with prime schemes and
strategies implemented by each player to hold high positions in the industry.
Such a tough vendor landscape provides a competitive outlook of the industry,
consequently existing as a key insight. These insights were thoroughly analysed
and prime business strategies and products that offer high revenue generation
capacities were identified. Key players of the global Vertical farming market
are included as given below:
Vertical farming Market Key Players
- 4D Bios Inc
- Illumitex Inc
- Urban Crop Solutions
- Koninklijke Philips N.V.
- AMHYDRO (American Hydroponics)
- AeroFarms
- Agrilution
- Everlight Electronics Co., Ltd
- Hort Americas
- Others
Market Segments
- Hydroponics
- Terraponics
- Aeroponics
- Aquaponics
By Component
- Lighting
- Climate Control
- Sensor
- Irrigation
- Others
By Fruits, Vegetables & Herbs
- Bell & Chili peppers
- Strawberry
- Tomato
- Lettuce
- Cucumber
- Herbs
- Leafy Greens (excluding lettuce)
- Others
By Structure
- Shipping Container
- Building-based
By Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- United Kingdom
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
Report Objectives
- To define, describe, and forecast the global vertical
farming market based on product, and region
- To provide detailed information regarding the major
factors influencing the growth of the market (drivers, opportunities, and
industry-specific challenges)
- To strategically analyze micromarkets1 with respect to
individual growth trends, future prospects, and contributions to the total
market
- To analyze opportunities in the market for stakeholders
and provide details of the competitive landscape for market leaders
- To forecast the size of market segments with respect to
four main regions—North America,
Europe, Asia Pacific and the Rest of the World (RoW)2
- To strategically profile key players and comprehensively
analyze their product portfolios, market shares, and core competencies3
- To track and analyze competitive developments such as
acquisitions, expansions, new product launches, and partnerships in the vertical
farming market
Table of Content
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Vertical Farming Market
5.1. COVID-19 Landscape: Vertical Farming Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Vertical Farming Market, By Growth Mechanism
8.1. Vertical Farming Market, by Growth Mechanism Type, 2021-2030
8.1.1. Hydroponics
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Terraponics
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Aeroponics
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Aquaponics
8.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Vertical Farming Market, By Component
9.1. Vertical Farming Market, by Component, 2021-2030
9.1.1. Lighting
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Climate Control
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Sensor
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Irrigation
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Vertical Farming Market, By Fruits, Vegetables & Herbs
10.1. Vertical Farming Market, by Fruits, Vegetables & Herbs, 2021-2030
10.1.1. Bell & Chili peppers
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Strawberry
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Tomato
10.1.3.1. Market Revenue and Forecast (2019-2030)
10.1.4. Lettuce
10.1.4.1. Market Revenue and Forecast (2019-2030)
10.1.5. Cucumber
10.1.5.1. Market Revenue and Forecast (2019-2030)
10.1.6. Herbs
10.1.6.1. Market Revenue and Forecast (2019-2030)
10.1.7. Leafy Greens (excluding lettuce)
10.1.7.1. Market Revenue and Forecast (2019-2030)
10.1.8. Others
10.1.8.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Vertical Farming Market, By Structure Type
11.1. Vertical Farming Market, by Structure Type, 2021-2030
11.1.1. Shipping Container
11.1.1.1. Market Revenue and Forecast (2019-2030)
11.1.2. Building-based
11.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 12. Global Vertical Farming Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.1.2. Market Revenue and Forecast, by Component (2019-2030)
12.1.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.1.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.1.5.2. Market Revenue and Forecast, by Component (2019-2030)
12.1.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.1.5.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.1.6.2. Market Revenue and Forecast, by Component (2019-2030)
12.1.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.1.6.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.2.2. Market Revenue and Forecast, by Component (2019-2030)
12.2.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.2.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.2.5.2. Market Revenue and Forecast, by Component (2019-2030)
12.2.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.2.5.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.2.6.2. Market Revenue and Forecast, by Component (2019-2030)
12.2.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.2.6.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.2.7.2. Market Revenue and Forecast, by Component (2019-2030)
12.2.7.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.2.7.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.2.8.2. Market Revenue and Forecast, by Component (2019-2030)
12.2.8.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.2.8.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.3.2. Market Revenue and Forecast, by Component (2019-2030)
12.3.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.3.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.3.5.2. Market Revenue and Forecast, by Component (2019-2030)
12.3.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.3.5.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.3.6.2. Market Revenue and Forecast, by Component (2019-2030)
12.3.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.3.6.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.3.7.2. Market Revenue and Forecast, by Component (2019-2030)
12.3.7.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.3.7.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.3.8.2. Market Revenue and Forecast, by Component (2019-2030)
12.3.8.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.3.8.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.4.2. Market Revenue and Forecast, by Component (2019-2030)
12.4.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.4.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.4.5.2. Market Revenue and Forecast, by Component (2019-2030)
12.4.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.4.5.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.4.6.2. Market Revenue and Forecast, by Component (2019-2030)
12.4.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.4.6.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.4.7.2. Market Revenue and Forecast, by Component (2019-2030)
12.4.7.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.4.7.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.4.8.2. Market Revenue and Forecast, by Component (2019-2030)
12.4.8.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.4.8.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.5.2. Market Revenue and Forecast, by Component (2019-2030)
12.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.5.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.5.5.2. Market Revenue and Forecast, by Component (2019-2030)
12.5.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.5.5.4. Market Revenue and Forecast, by Structure Type (2019-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Growth Mechanism (2019-2030)
12.5.6.2. Market Revenue and Forecast, by Component (2019-2030)
12.5.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2019-2030)
12.5.6.4. Market Revenue and Forecast, by Structure Type (2019-2030)
Chapter 13. Company Profiles
13.1. 4D Bios Inc
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Illumitex Inc
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Urban Crop Solutions
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Koninklijke Philips N.V.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. AMHYDRO (American Hydroponics)
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. AeroFarms
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Agrilution
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Everlight Electronics Co., Ltd
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Hort Americas
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Others
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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