Vertical Farming Market: Global Opportunity Analysis and Industry Forecast, 2022

Global Vertical Farming Market was valued at USD 2.81 billion in 2021 and is expected to reach USD 7.03 billion by the year 2028, at a CAGR of 14%.

Vertical farming is an innovative farming technique that includes growing medicinal plants and food vertically. It is used to produce crops with artificial control of light, humidity, temperature, and gases. Vertical farming uses a combination of procedures, including aeroponics, hydroponics and aquaponics, to grow crops without soil through mineral nutrient solutions, such as peat moss and coconut husk, or aquatic animals such as snail, fish, and pawns.

IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.

The Major Players In The Vertical Farming Market Include:

FarmVisionAI (US)
AmHydro (US)
Mirai Co. Ltd (Japan)
Osram Licht AG (Germany)
Freight Farms (US)
AeroFarms LLC (US)
Bright Farms (US)
Sky Greens (Singapore)
Spread Co. Ltd.; (Japan)
Plenty Unlimited Inc. (the US)
Future Crops (Netherlands)
Vertical Farm Systems (Australia)
Valoya (Finland)

Market Has Segmented The Global Vertical Farming Market On The Basis Of Type, Application, And Region:

The Vertical Farming market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

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By Type:

Lighting
Hydroponic Components
Climate Control
Sensors
Software Services

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By Application:

Shipping Container
Building-based

By Regional Outlook

North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
Middle East Africa (GCC Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)

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Covid-19 Impact and Recovery Analysis on Industry:

All types of farming systems were influenced, more or less severely, by the various measures implemented by governments, such as reduced mobility, closure of public and private venues, and border restrictions, ranging from corporate agricultural production systems to small and medium scale entrepreneurs and smallholder subsistence farm households. To deal with the COVID-19 pandemic, all types of farming systems implemented a series of mechanisms, including the development of alternative value chains, food and agricultural product delivery systems, and the exponential use of digital means to communicate and maintain the viability of the various agricultural systems.

Report Covered The Major Key Points:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 7years, along with 5 years of historical data for all segments, sub-segments, and regions

Market Segmentation caters to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

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