Vertical Farming Market is set for lucrative growth during 2022-2031 | Size, Share, Demand and Opportunities Analysis

New York, Global Vertical Farming Market report from Global Insight Services is the single authoritative source of intelligence on Vertical Farming Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Vertical farming is a type of agriculture where crops are grown in vertically stacked layers in a controlled environment. Vertical farms can be built indoors or outdoors, and can be used to grow a variety of crops.

Vertical farming offers a number of advantages over traditional farming methods. First, vertical farms can be located in urban areas, which reduces the need for farmland. Second, vertical farms can be built to any size, making them scalable to meet the needs of any community. Third, vertical farms can be controlled for temperature, humidity, and light, allowing crops to be grown year-round. Fourth, vertical farms can use less water than traditional farms, and can recycle water and nutrients, making them more sustainable.

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Key Trends

Vertical farming is a type of agriculture where crops are grown in vertically stacked layers in a controlled environment. Vertical farming uses less land, water, and other resources than traditional farming methods, and can be used to produce food in locations where traditional farming is not possible.

Some of the key trends in vertical farming technology include:

The use of LED lighting to provide the plants with the correct spectrum of light for photosynthesis.
The use of hydroponics or aeroponics to grow plants without soil.
The use of sensors and data analytics to monitor and optimize plant growth.
The use of robotics and automation to reduce labor costs.

Key Drivers

The key drivers of the vertical farming market are the increasing demand for fresh and organic produce, the need for efficient land use, and the need for year-round production.

The demand for fresh and organic produce is increasing as consumers become more health-conscious. Vertical farming allows for the production of pesticide-free and chemical-free produce.

The need for efficient land use is a driver for vertical farming. With the world population expected to reach 9.7 billion by 2050, the demand for food will increase. Vertical farming uses less land than traditional farming, making it a more efficient use of resources.

The need for year-round production is another driver for vertical farming. Traditional farming is limited by the seasons, but vertical farming can produce food year-round. This is especially beneficial in areas with long winters or little sunlight.

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Market Segments

By Technology

Hydroponics
Aeroponics
Aquaponics
By Structure

Building-based vertical farm
Shipping container-based vertical farm
By Crop Type

Lettuce
Pepper
Broccoli
Cucumber
Spinach
Tomato
Others

Key Players

Signify
Freight Farms
AeroFarms
sky Greens
Valoya
Heliospectra AB
GreenSense Farms
Bowery Farming
BrightFarms
Gotham Greens
Vertical Farm Systems
LumiGrow

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