Vertical Farming - Global Market Outlook 2020 to 2026 | Agrilution, American Hydroponics, Urban Crops, Vertical Farm Systems

Global Vertical Farming Market, delivering a must-read report for industry stakeholders wanting to understand the strategic landscape of this burgeoning sector. Readers will find an in-depth analysis of the market and how it will impact existing traditional markets, as well as insights into future development and opportunities across the globe.

The global vertical farming market was valued at USD 1.6 billion in 2019, and is projected to reach USD 5.9 billion by 2025, at a CAGR around 25% from 2019 to 2025.

MarketInsightsReports has announced the addition of the "Global Vertical Farming Market Research Report 2020" The report focuses on global major leading players with information such as company profiles, product picture and specification.

Key Players:

Koninklijke Philips, Aerofarms, Sky Greens, Green Sense Farms, Agrilution, American Hydroponics, Urban Crops, Vertical Farm Systems,request free sample for complete list of companies.

The leading players of industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.

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Vertical farming is a cutting edge arrangement of controlled-condition farming. Vertical farming traditionally is focused on growing leafy greens, as the demand for spinach, kale, lettuces, and herbs generally have been the easiest crops to grow in such systems.

Of all the regions, Asia-Pacific (APAC) held the largest market share and Europe is expected to grow at the highest CAGR between 2016 and 2022. In APAC, the vertical farming market is growing rapidly owing to the awareness regarding the importance of alternative methods of the farming because of the increase in population and limited fertile agriculture land.

Vertical Farming Market Segmentation by types, Applications and regions:

Market Segment by Type covers:

Lettuce, Peppers, Broccoli, Spinach, Cucumbers, Tomatoes, Strawberries, Pomegranates, Others

Market Segmented by Applications:

Building-Based Vertical Farms, Shipping Container Vertical Farms

Market Segment by Regions:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)

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These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.

The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.

Frequently Asked Questions about global market:

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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours.

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This release was published on openPR.