Global Vertical Farming And Plant Factory Sales Increases Is 57966 MT In 2018

New report published by Global Info Research which offers insights on the global Vertical Farming and Plant Factory market.

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.

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Global Vertical Farming and Plant Factory Market: Forecast by Type / Application / Region

The major players in global vertical farming and plant factory market include: 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 and Nongzhong Wulian etc.

On the basis of product, the vertical farming and plant factory market is primarily split into: Hydroponics, Aeroponics and Others.

On the basis on the end users/applications covers: Vegetable Cultivation, Fruit Planting and Others.

The sales of vertical farming and plant factory increases to 57966 MT in 2018 from 10298 MT in 2013 with an average growth rate of about 41.35%. The sales market is concentrated in USA, Japan and Europe. These three regions occupied 76.60% of the global consumption of vertical farming and plant factory in 2017.

Vertical farming and plant factory has mainly two planting methods, including hydroponics, aeroponics and others. Among those, hydroponics is the most used method, it occupied 87.70% of the global sales in 2017. With the development of economy, the downstream application industries will need more vertical farming and plant factory. So, vertical farming and plant factory has a huge market potential in the future.

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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Related Information:
United States Vertical Farming and Plant Factory Market 2018 Forecast to 2023
Europe Vertical Farming and Plant Factory Market 2018 Forecast to 2023
North America Vertical Farming and Plant Factory Market 2018 Forecast to 2023
Asia-Pacific Vertical Farming and Plant Factory Market 2018 Forecast to 2023
China Vertical Farming and Plant Factory Market 2018 Forecast to 2023
EMEA Vertical Farming and Plant Factory Market 2018 Forecast to 2023
Global Vertical Farming and Plant Factory Market 2018 Forecast to 2023

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