Press release
Vertical Farming and Plant Factory Market is expected to reach 21600 million US$ by the end of 2025
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.The major plants produced in vertical farming and plant factory include vegetable cultivation, fruit planting and other, etc. Vegetable cultivation occupied 84.92% of the global sales.
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.
The global Vertical Farming and Plant Factory market is valued at 1480 million US$ in 2018 is expected to reach 21600 million US$ by the end of 2025, growing at a CAGR of 39.8% during 2019-2025.
This report focuses on Vertical Farming and Plant Factory volume and value at global level, regional level and company level. From a global perspective, this report represents overall Vertical Farming and Plant Factory market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
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
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Hydroponics
Aeroponics
Segment by Application
Vegetable Cultivation
Fruit Planting
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