Vertical Farming Market to witness huge potential in the future with involved key players
The aim of this report Vertical Farming Market, This report provides over view of manufacturers, production, application and regions. The report show the regions wise production, revenue, consumption, import and export in these regions.
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.
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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.
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