Press release
Massive growth in Vertical Farming Market in Near Future by Top Players like Koninklijke Philips N.V., Aerofarms, Sky Greens, Illumitex, Inc., Everlight Electronics Co., Ltd.
Vertical farming is a revolutionary approach used to produce food and medicinal plants in vertically stacked layers such as in a skyscraper, used warehouse, or shipping container. It facilitates huge quantity of nutritious and quality fresh food without relying on favorable weather, high water usage, skilled labor, and high soil fertility. Moreover, it ensures reliable yield and consistency in crop production round the year along with climate control, and no effects of external environment factors such as diseases, pests, or predator attacks.“New Year Offer…! Get 20% Discount on this Premium Report”
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Key Companies profiled in this Report: Koninklijke Philips N.V., Aerofarms, Sky Greens, Illumitex, Inc., Everlight Electronics Co., Ltd., Green Sense Farms, Llc, Agrilution, American Hydroponics, Urban Crops, Vertical Farm Systems
Rapidly growing global population and the demand for higher agricultural yields with limited arable land is the prime factor, which will positively impact the vertical farming market in the coming years. For instance, as per Food & Agricultural Organization (FAO), the urban regions across the world are likely to hold for around 70% of the global population by 2050, which will pressurize to increase the agricultural productivity in the coming years.
The major geographical regions which include, North America, Asia Pacific, Europe, the Middle East & Africa and Latin America are studied. Top manufacturers from all these regions are studied to help give a better picture of the market investment. Production, price, capacity, revenue and many such important data is been discussed with precise data.
This research, highlighting the current situation of the global Vertical Farming market, focuses on answering some of the important questions faced by stakeholders. The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively. The report focuses on the global market, and answers some of the most critical questions stakeholders are currently facing across the globe.
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Some of the key questions answered in this report:
- What is the market concentration? Is it fragmented or highly concentrated?
- What trends, challenges and barriers will impact the development and sizing of Vertical Farming market?
- What growth momentum or acceleration market carries during the forecast period?
- Which region is going to tap highest market share in future?
- What Application/end-user category or Product Type may see incremental growth prospects?
- What focused approach and constraints are holding the market tight?
Table of Contents:
• Global Vertical Farming Market Overview
• Economic Impact on Industry
• Market Competition by Manufacturers
• Production, Revenue (Value) by Region
• Production, Revenue (Value), Price Trend by Type
• Global Vertical Farming Market Analysis by Application
• Cost Analysis
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Market Effect Factors Analysis
• Global Vertical Farming Market Forecast
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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…