openPR Logo
Press release

Vertical Farming Market Size (24.4% CAGR) Lead by Precision Farming Technologies ($19,864.8 Mn by 2028) Impact of Coronavirus Outbreak and Global Analysis & Forecast by TheInsightPartners.com

10-27-2021 05:31 PM CET | Logistics & Transport

Press release from: The Insight Partners

Vertical Farming

Vertical Farming

According to our new research study on “Vertical Farming Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Growth Mechanism and Component,” the market is projected to reach US$ 19,864.8 million by 2028 from US$ 4,300.2 million in 2021; it is estimated to grow at a CAGR of 24.4% from 2021 to 2028.

Over the years, the vertical farming market has picked up significant momentum. The rising awareness pertaining to the benefits of vertical farming is a key factor driving this growth. Since vertical farming is independent of weather, it allows farmers to achieve a consistent annual crop production without having to worry about adverse weather conditions.

Download Sample PDF Brochure of Vertical Farming Market Growth Research Report https://www.theinsightpartners.com/sample/TIPRE00007018/?utm_source=OpenPR&utm_medium=10119

Moreover, it enables them to yield more in a small area. Compared to conventional farming, vertical farming yields ~240-times greater while requiring 99% less land and 98% less water. The emergence of next-generation, AI-powered vertical farming technologies that can help reduce the consumption of land and water further is boosting the growth of this market substantially. Moreover, increasing demand for sustainable agricultural ecosystems will continue to boost the demand for vertical farming in the coming years. Technological advancements have enabled the use of controlled environmental resources and agriculturally unsuitable sites, mainly skyscrapers, shipping containers, and vacant warehouses. Ascending focus on recapturing evaporated water and recycling products, in a bid to reduce wastage, is also projected to augment the vertical farming market proliferation in the coming years.

Vertical Farming Market – Company Profiles

Eden Green Technology
Elevate Farms Inc.
iFarm
OSRAM GmbH
Plenty Unlimited Inc.
Sky Greens
Vertical Farm Systems
Square Mile Farms
Agrilution
AeroFarms

The latest research report on the “Vertical Farming Market – Industry Analysis, Market Size, Opportunities and Forecast, 2021 – 2028” provides a comprehensive assessment of the Vertical Farming market for the forecast period from 2021 to 2028, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Vertical Farming market based on product type, application, and end-use across numerous countries around the world.

Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Vertical Farming Market in order to help decision makers with various strategic insights and future outlook. The Vertical Farming market is expected to witness continued growth during the forecast period from 2021 to 2028.

This is a professional and in-depth study on the current state of the Vertical Farming Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Vertical Farming Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Vertical Farming Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

The report segments the global Vertical Farming Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Vertical Farming Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

The report focuses on global major leading Vertical Farming Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

Direct Purchase Copy of Vertical Farming Market Research Study at https://www.theinsightpartners.com/buy/TIPRE00007018/?utm_source=OpenPR&utm_medium=10119

Reasons to Buy
• Highlights key business priorities to assist companies realign their business strategies.
• Features key findings and crucial progressive industry trends in the global Vertical Farming market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Contact us:-
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vertical Farming Market Size (24.4% CAGR) Lead by Precision Farming Technologies ($19,864.8 Mn by 2028) Impact of Coronavirus Outbreak and Global Analysis & Forecast by TheInsightPartners.com here

News-ID: 2444814 • Views: 364

More Releases from The Insight Partners

Women Intimate Care Market to Eyewitness Massive Growth by Prominent Companies: …
Women Intimate Care Market study by “The Insight Partners” provides details about the market dynamics affecting the market, scope, segmentation and overlays shadow upon the leading players highlighting the favorable competitive landscape and trends prevailing over the years. The report segments the global Women Intimate Care Market based on End User and Distribution Channel and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A
AI Adaptive Radio Market Scope Assessment 2028 Thales group, Harris Corporation, …
The Insight Partners delivers well-researched industry-wide information on the AI Adaptive Radio market. It provides information on the market’s essential aspects such as top participants, factors driving AI Adaptive Radio market growth, precise estimation of the AI Adaptive Radio market size, upcoming trends, changes in consumer behavioral pattern, market’s competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is
Snow Sports Apparel Market 2021-2028 Emerging Trends, Key Solutions, High Demand …
Snow Sports Apparel Market study by “The Insight Partners” provides details about the market dynamics affecting the market, scope, segmentation and overlays shadow upon the leading players highlighting the favorable competitive landscape and trends prevailing over the years. The report segments the global Snow Sports Apparel Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified
Hookah Tobacco Market Report (COVID-19 Analysis) by Worldwide Market Trends & Op …
The Hookah Tobacco Market report provides a basic overview of the market including definitions, classifications, applications and industry chain structure. The Hookah Tobacco Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Hookah tobacco, which is mostly known as waterpipe tobacco, maassel, shisha, argileh, or narghile in different regions is basically consumed for its relaxing and energizing effect. It is a

All 5 Releases


More Releases for Farm

Planning consent obtained for solar farm at West Beacon Farm
Planning consent has been granted by Charnwood Borough Council for a new solar farm at West Beacon Farm in Leicestershire, the home of the leading sustainable energy proponent Professor Tony Marmont. Since Professor Marmont and his late wife Angela moved there in 1969, West Beacon Farm has become synonymous with both sustainable energy generation and ecological improvement. The new solar farm maintains that tradition. It will be based on a
Farm Animal Healthcare Market
The report "Global Farm Animal Healthcare Market, By Product (Vaccines, Parasiticides, Anti-Infectives, Medical Feed Additives, and Other Therapeutics), By Animal Type (Cattle, Swine, Poultry, Aquaculture, Sheep, and Other Farm Animals), and Region - Global Forecast to 2029". Global Farm Animal Healthcare market is projected to grow from US $15.6 Billion in 2019 to US$ XX Million by 2029. Rising incidence of food-borne zoonotic diseases is the major factor driving the
Peony Market Report 2018 Pivoines Capano, Warmerdam Paeonia, 3 Glaciers Farm, Ec …
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the basis of product type, application, end user and regional segmentation. The regional segment is further bifurcated on country level. All
Farm Tire Market Outlook Report 2025
The North America farm tires market features a highly fragmented competitive landscape. However the market features the presence of few well-established players having strong distribution networks. Also, these players have deeply penetrated into the farm tires market by introducing innovative and technologically advanced products. Companies are strengthening their position through mergers and acquisitions and continuously investing in research and development activities to come up with solutions to cater the customers’
Global Farm Tire Market Research Report 2017
Qyresearchreports include new market research report “Global Farm Tire Market Research Report 2017″ to its huge collection of research reports. The Farm Tire is the target of analysis presented in this research report which is a highly descriptive and insightful publication. It chalks out a detailed, all-inclusive, and logical perspective of the market, casing all crucial categories and their pieces, along with the aspects that have so far shown the potential
Grange Farm Dental Practice
Grange Farm Dental Practice is a dental practice based in Milton Keynes, which offers the latest techniques in Cosmetic & Restorative dentistry, teeth whitening and dental implants. They are proud of their experienced, friendly dental team who are always happy to help with all your enquiries. They believe your smile is one of your most valuable assets, which is why they are dedicated to help each of their patients look after