Press release
Huge demand for healthy-high quality food and Rising population set to increase the vertical farming market Growth during the assessment period 2019-2025- Sky greens, Farmedhere, Aerofarms, Green sense farms LLC.
Effective, time-saving and Water Saving farming throughout the year is achieved using Vertical Farming methods, it helps in making use of space and multiplies productivity without actually need of Soils.
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Vertical Farming is a well adaptable method of cultivation with no pests and weeds yielding less or no use of herbicides and insecticides.
The scope of OG Analysis report is to present Vertical Farming Market based on segmentation by Hydroponics, Aeroponics and Aquaponics Growth Mechanisms, by Building Based and Shipping Container Structures, by Hardware, Software and Service Offerings, by Crop Type and region wise.
• North America
• Europe
• Asia-Pacific
• South and Central America
• ROW
Vertical Farming Market size, price & production:
The Qualitative and Quantitative Vertical Farming Market value is estimated to report a year-on-year increase of 53.21 % during 2019 over 2018. The demand of increased production of Vertical Farming is mainly contributed by developing countries as a result of population thickening.
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Vertical Farming Market analysis & demand:
The Increase awareness of Health and healthy lifestyle globally, followed by increasing intake of organic food has contributed to the growth of Vertical Farming Market. Both quality and Quantity vegetation are obtained through vertically stacked farming aiding to fulfil the surplus demand worldwide.
Hydroponic method of technology tends to capture Vertical Farming, which ideally supports the raising of organic vegetation with more nutrients and less water consumption.
Further, Simultaneous cultivation of both organic vegetation and Fishes obtained by Aquaponics, it is a method broadly adapted and proves rapidly trend the market and is expected to lead in the estimated time period.
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The growing trend of Urban Agriculture activities, DIY farming and indoor gardening are also factors helping in Vertical farming global expansion.
Vertical Farming Market Key players:
• Sky Greens
• FarmedHere
• AeroFarms
• Green Sense Farms LLC
• Agrilution
• American Hydroponics
• Illumitex Inc.
• Koninklijke Philips N.V.
• Urban Crops
• Everlight Electronics
Related Reports
The 2019 Global Smart Farming And Precision Agriculture market analysis and outlook report to 2025 (https://www.oganalysis.com/industry-reports/212735/smart-farming-and-precision-agriculture-market)
2019 Future Of Global Smart Agriculture Markets and Companies Forecast to 2025 (https://www.oganalysis.com/industry-reports/213037/smart-agriculture-market)
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VERTICAL FARMING BUSINESS
Farming in urban areas has become quite difficult due to the rising population, limited space, a fast pace of living, etc. which are driving the new technologies for cultivating the agricultural produce. Vertical Farming is one of the modern and advanced technologies which helps in growing more food in smaller spaces, offering an opportunity for growing fruits and vegetables in a controlled environment in metropolitan areas.
Vertically grown crops require minimum…
