Press release
Global Vertical Farming Produce Market Size & Forecasts
According to a new market research report published by Global Market Estimates, the Global Vertical Farming Produce Market is expected to grow at a CAGR of 20.36% during the forecast period. The demand for vertical farming is projected due to the declining cost of LED and the rising role of artificial intelligence in agriculture.Browse145 Market Data Tables and 113 Figures spread through 169 Pages and in-depth TOC on " Vertical Farming Produce Market- Forecast to 2026"
https://www.globalmarketestimates.com/market-report/global-vertical-farming-produce-market-2368
By Growth Mechanism (Hydroponics, Aeroponics, Aquaponics), By Structure (Shipping Container-Based Vertical Farms, Building Based Vertical Farms), By Crop Type (Vegetable, Fruits), By Offering (Hardware, Software, Services), By Region (North America, Europe, Asia Pacific and Rest of the World), Vendor Landscape, End-User Landscape, and Company Market Share Analysis &Competitor Analysis
Key Market Insights
• Vertical farming is a practice of cultivating food crops on vertical surfaces.
• The increasing use of LED and artificial intelligence is expected to lead to high market demand during the forecast period.
• The software segment would hold the largest market share during the forecast period.
• Multifold benefits of vertical farming software will lead to high market growth during the forecast period.
• Asia-pacific will dominate the market during the forecast period.
• Some of the key players operating in the market include Growing Greens, Pind Fresh, Urban Kisan, Sure Grow, The Living, Iron Ox, Green Spirit Farms, InFarm,and Bright Farms among others.
Growth Mechanism Outlook (Revenue, USD Million, 2020-2026)
• Hydroponics
• Aeroponics
• Aquaponics
Structure Outlook (Revenue, USD Million, 2020-2026)
• Shipping Container-Based Vertical Farms
• Building Based Vertical Farms
Crop Outlook (Revenue, USD Million, 2020-2026)
• Vegetable
• Fruits
Offering Outlook (Revenue, USD Million, 2020-2026)
• Hardware
• Software
• Services
Regional Outlook (Revenue, USD Million, 2020-2026)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
Middle East and Africa
• Saudi Arabia
• UAE
• RoMEA
Central and South America
• Brazil
• RoCSA
Contact: Tracy Simon
Email address: tracy.simon@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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