Vertical Farming Market Size 2021 with CAGR of 19.20%, Top Growth Companies: Koninklijke Philips N.V., Sky Farms, Urban Crops, AeroFarms LLC and, End-User, SWOT Analysis in Industry 2027

"Vertical Farming Market is valued at USD 2832.66 Million in 2020 and expected to reach USD 9685.66 Million by 2027 with the CAGR of 19.20% over the forecast period."

Vertical Farming Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027– Increasing inclination towards the eco-friendly farming is driving the growth of Global vertical farming market.

Scope of Global Vertical Farming Market Report-
Vertical farming is nothing but the practice of producing foods on vertically inclined surface. The vertical farming produces the food on communally integrated into different structures like a shipping container or repurposed warehouse. In this kind of farming modern idea uses indoor farming techniques like, controlled environment agriculture.

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Key Players for Vertical Farming –

Global Vertical farming report covers prominent player’s Koninklijke Philips N.V., Everlight Electronics, Illumitex, Sky Farms , AeroFarms LLC , Green Sense Farms , American Hydroponics, Agrilution, Urban Crops, and Vertical Farm Systems and others.

The artificial control of temperature, light, humidity, and gases makes producing foods and medicine indoor possible. The key area of vertical farming is maximizing crops output in a limited space. The modern concept of vertical farming was proposed in 1999 by Dickson Despommier, professor of Public and Environmental Health at Columbia University In 2009, the world's first pilot production system was installed at Paignton Zoo Environmental Park in the United Kingdom.

Global Vertical farming market report is segmented on the basis of structure, component, growth mechanism and region & country level. Based upon structure, the vertical farming market is segmented into building-based vertical farms and container-based vertical farms.

Based upon component, market is divided into irrigation component, lighting, sensor, climate control, building material, glass greenhouse, plastic greenhouse and others. Based upon growth mechanism, the market is divided into hydroponics, aeroponics and aquaponics.

Rising Demand for High-Quality Food, without Pesticides or Herbicides is Driving the Global Vertical Farming Market Growth.

Increasing population, urbanization and increasing popularity of organic food are driving the growth of global vertical farming market. Ideal use of vertical space and balanced energy utilization to increase the productivity are also supplementing the market growth. Increased year-round crop production, less use of water in cultivation, not affected by unfavorable weather conditions, increased production of organic crops and human and environmentally friendly are some of the major advantages of vertical farming fueling the market growth.

Key Features of the Report:

• Vertical Farming Market Structure: Overview, Industry PESTEL Analysis and Supply Chain Analysis
• Competitive Landscape and Dynamics: Vertical Farming Market share, Product Portfolio, Product Launches, and so on.
• Attractive Vertical Farming market segments and associated growth opportunities.
• Key development open doors for the present and new players of Vertical Farming.
• Key Growth factors.

Global Vertical Farming Market Segmentation:-

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

By Regional & Country Analysis:

North America

o U.S.
o Canada

Europe

o UK
o France
o Germany
o Italy

Asia Pacific

o China
o Japan
o India
o Southeast Asia

Latin America

o Brazil
o Mexico

Middle East and Africa

o GCC
o Africa
o Rest of Middle East and Africa

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Frequently asked questions (FAQs) about the report
• Can the report be customized according to the requirements?

Yes. The Vertical Farming market report can be customized according to your needs. For instance, the company can be profiled you ask for while specific region/country analysis can be focused that meets your interests. You can talk to our research analyst about your exact requirements and UMR will accordingly tailor the required report.

• Can we narrow the available business segments?

Yes, the market report can be further segmented on the basis of data availability and feasibility. We can provide a further breakdown in product types and applications (if applicable) by size, volume, or revenue. In the market segmentation part, the latest product developments and customer behavior insights are also included to give an in-depth analysis of the market.

• Does the report cover COVID-19 impact and future market projections?

Yes. The market research report covers the detailed analysis of COVID-19 impact on the market. Our research team has been monitoring the market closely while it has been conducting interviews with the industry experts to get better insights on the present and future implications of the COVID-19 virus on the market.

The market report provides vital information on the strategies deployed by industry players during the COVID-19 crisis to maintain their position in the market. Along with this, it also shares crucial data on product developments due to the inevitable pandemic across the globe.

Table of Content

1. Chapter - Report Methodology

1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description

2. Chapter – Global Vertical Farming Market Overview: Qualitative Analysis

2.1. Market Introduction
2.2. Executive
2.3. Global Vertical Farming Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Vertical Farming Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis

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