Press release
Vertical Farming Market will grow at a CAGR of 39.3% and reach 11100 million US$ till 2024 with AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms and more
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.This report studies the Vertical Farming Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Vertical Farming Market analysis segmented by companies, region, type and applications in the report.
Scope of the Report:
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 worldwide market for Vertical Farming is expected to grow at a CAGR of roughly 39.3% over the next five years, will reach 11100 million US$ in 2024, from 2120 million US$ in 2019.
The major players covered in Vertical Farming are: 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.
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Vertical Farming Market continues to evolve and expand in terms of the number of companies, products, and applications that illustrates the growth perspectives. The report also covers the list of Product range and Applications with SWOT analysis, CAGR value, further adding the essential business analytics. Vertical Farming Market research analysis identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets.
Market Segment by Regions, regional analysis covers
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia etc.)
o Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Research objectives:
o To study and analyze the global Vertical Farming market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2024.
o To understand the structure of Vertical Farming market by identifying its various sub segments.
o Focuses on the key global Vertical Farming players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
o To analyze the Vertical Farming with respect to individual growth trends, future prospects, and their contribution to the total market.
o To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
o To project the size of Vertical Farming submarkets, with respect to key regions (along with their respective key countries).
o To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
o To strategically profile the key players and comprehensively analyze their growth strategies.
Key Developments in the Vertical Farming Market
o To describe Vertical Farming Introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, market driving force;
o To analyze the manufacturers of Vertical Farming, with profile, main business, news, sales, price, revenue and market share in 2017 and 2020;
o To display the competitive situation among the top manufacturers in Global, with sales, revenue and market share in 2017 and 2020;
o To show the market by type and application, with sales, price, revenue, market share and growth rate by type and application, from 2014 to 2020;
o To analyze the key countries by manufacturers, Type and Application, covering North America, Europe, Asia Pacific, Middle-East and South America, with sales, revenue and market share by manufacturers, types and applications;
o Vertical Farming market forecast, by countries, type and application, with sales, price, revenue and growth rate forecast, from 2020 to 2024;
o To analyze the manufacturing cost, key raw materials and manufacturing process etc.
o To analyze the industrial chain, sourcing strategy and downstream end users (buyers);
o To describe Vertical Farming sales channel, distributors, traders, dealers etc.
o To describe Vertical Farming Research Findings and Conclusion, Appendix, methodology and data source
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The Vertical Farming Market research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs. These data representations provide predictive data regarding the future estimations for convincing market growth. The detailed and comprehensive knowledge about our publishers makes us out of the box in case of market analysis.
In this study, the years considered to estimate the market size of Vertical Farming are as follows:
o History Year: 2014-2017
o Base Year: 2017
o Estimated Year: 2020
o Forecast Year 2020 to 2024
This report includes the estimation of market size for value (million USD) and volume (M Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vertical Farming market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Table of Contents:-
Chapter 1 Overview of Vertical Farming
Chapter 2 Global Market Status and Forecast by Regions
Chapter 3 Global Market Status and Forecast by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
Chapter 5 Market Driving Factor Analysis of Vertical Farming
Chapter 6 Vertical Farming Market Competition Status by Major Manufacturers
Chapter 7 Vertical Farming Major Manufacturers Introduction and Market Data
Chapter 8 Upstream and Downstream Market Analysis of Vertical Farming
Chapter 9 Cost and Gross Margin Analysis of Vertical Farming
Chapter 10 Marketing Status Analysis of Vertical Farming
Chapter 11 Report Conclusion
Chapter 12 Research Methodology and Reference
Key questions answered in this report
o What will the market size be in 2024 and what will the growth rate be?
o What are the key market trends?
o What is driving this market?
o What are the challenges to market growth?
o Who are the key vendors in this market space?
o What are the market opportunities and threats faced by the key vendors?
o What are the strengths and weaknesses of the key vendors?
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Sanjay Jain
Manager - Partner Relations & International Marketing
www.reportsandmarkets.com
info@reportsandmarkets.com
Ph: +1-352-353-0818 (US)
Reports and Markets is not just another company in this domain but is a part of a veteran group called Algoro Research Consultants Pvt. Ltd. It offers premium progressive statistical surveying, market research reports, analysis & forecast data for a wide range of sectors both for the government and private agencies all across the world. The database of the company is updated on a daily basis. Our database contains a variety of industry verticals that include: Food Beverage, Automotive, Chemicals and Energy, IT & Telecom, Consumer, Healthcare, and many more. Each and every report goes through the appropriate research methodology, Checked from the professionals and analysts.
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