Vertical Farming System/Module Market is Booming Worldwide | Global Forecasts Analysis, Company Profiles, and High-End Demand in Top Regions

The Vertical Farming System/Module Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Vertical Farming System/Module Market Size is Projected to Reach at a CAGR of 25% during 2022-2027.

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Top Leading Companies:
AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms, Beijing IEDA Protected Horticulture, Green Sense Farms, Garden Fresh Farms, Mirai, Sky Vegetables, TruLeaf, Urban Crops, Sky Greens, GreenLand, Scatil, Jingpeng, Metropolis Farms, Plantagon, Spread, Sanan Sino Science, Nongzhong Wulian, Vertical Harvest, Infinite Harvest, Metro Farms

RECENT DEVELOPMENTS:

October 14, 2021 08:00 

Dream Holdings, Inc. (“AeroFarms”), a certified B Corporation and leader in indoor vertical farming, and Spring Valley Acquisition Corp. (“Spring Valley”) (Nasdaq: SV, SVSVW, SVSVU), a publicly traded special purpose acquisition company, announced today that both companies have mutually agreed to terminate their previously announced agreement and plan of merger (the “Business Combination Agreement”), effective immediately. Neither party will be required to pay the other a termination fee as a result of the mutual decision to terminate the Business Combination Agreement.

MARKET OVERVIEW:

The increased demand for organic products among consumers, fueled by the improved standard of living and higher disposable income, has paved the way for the development of vertical farming, wherein organic farming is practiced widely. Microgreens are among the crops cultivated by vertical farming methods and are a rich source of polyphenols, a class of antioxidants that helps to lower the risk of diseases such as heart disease, Alzheimer's disease, diabetes, and certain cancers.​ Many commercial growers are adopting high capital expenditure technologies, such as advanced hydroponic systems and electronic traceability systems. Additionally, growers are heavily investing in LEDs and other innovative lighting products in order to reduce their exposure to associated risks by carefully monitoring and investing in new technologies.Thus, due to the numerous health benefits, there is an increasing demand among health-conscious consumers in the region, which is expected to drive the market in the forecast period.

Vertical Farming System/Module Market Segmentation by Type:

Hydroponics

Aeroponics

Others

Vertical Farming System/Module Market Segmentation by Application:

Vegetable Cultivation

Fruit Planting

Other

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North America Dominates the Market

North America is the leading regional market for Vertical Farming System/Module and is trailed by Europe due to the existence of a large population suffering from diseases, and high patient awareness related to disease diagnosis in these regions. Some countries from Asia–Pacific and Latin America are expected to enter the market late because of lack of digital infrastructure, and accessibility to advanced technology. However, rising healthcare expenditure, developing healthcare infrastructure and increasing awareness related to the disease diagnosis. However, poor healthcare facilities in underdeveloped and emerging countries which lack appropriate healthcare infrastructure and trained staff are anticipated to affect the adoption in these countries.

Regional Vertical Farming System/Module Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Vertical Farming System/Module Market Report:

Detailed overview of Vertical Farming System/Module Market
Changing the Vertical Farming System/Module Market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Vertical Farming System/Module market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Vertical Farming System/Module Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Vertical Farming System/Module Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Vertical Farming System/Module Industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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