Press release
Vertical Farming Market Size | COVID-19 Impact Analysis | Forecast to 2025
The global vertical agriculture market size is valued at $2.23 billion in 2018 and is expected to reach $127.7 billion in 2026 and is expected to grow at an annual average of 24% from 2019 to 2025. Vertical farming is an innovative approach used to produce food and medicinal plants. Vertically stacked layers such as skyscrapers, used warehouses, or shipping containers. It promotes nutritious and quality fresh food in large quantities, without resorting to favorable weather, high water use, skilled labor and high soil fertility. It also ensures stable yields and consistency in crop production throughout the year, along with climate control, and is not affected by external environmental factors such as diseases, pests or predator attacks.A full report of Vertical Farming Market is available at: https://www.orionmarketreports.com/vertical-farming-size-market/32354/
Competitive Analysis
The key players profiled in the report include 4D Bios Inc., AeroFarms, Agrilution, AMHYDRO (American Hydroponics), Everlight Electronics Co., Ltd, Hort Americas, Illumitex Inc., Koninklijke Philips N.V., Urban Crop Solutions, and Sky Greens. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their position in vertical farming market.
Vertical Farming Market Segments:
By Structure
• Building-based Vertical Farms
• Container-based Vertical Farms
By Component
• Irrigation Component
• Lighting
• Sensor
• Climate Control
• Building Material
• Glass Greenhouse
• Plastic Greenhouse
• Others
By Growth Mechanism
• Hydroponics
• Aeroponics
• Aquaponics
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Vertical Farming Market Report
• What was the Vertical Farming Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Vertical Farming Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Vertical Farming Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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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…
