Press release
Vertical Farming Market Size, Regional Overview, Competitive Landscape, Business Growth, Share Analysis And Forecast To 2032
Vertical Farming Market Analysis
The Business Research Company's Vertical Farming Global Market Report 2023 identifies rise in urbanization as the major driver for the vertical farming market's growth in the forecast period. Urbanization increases the total cropland area and decreases the rural population which results in a higher per-capita cropland area of rural residents and, therefore, increased farm size. By 2050, approximately 80% of the world's population will be living in cities, and the human population will have grown by three billion people.
The global vertical farming market size will grow from $5.07 billion in 2022 to $6.2 billion in 2023 at a compound annual growth rate (CAGR) of 22.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The vertical farming market size is expected to grow to $14.33 billion in 2027 at a CAGR of 23.3%.
Download Free Sample Of Vertical Farming Market Report -
https://www.thebusinessresearchcompany.com/sample_request?id=6013&type=smp
Major competitors in the vertical farming market are 4D Bios Inc., AeroFarms, Agricool, Agrilution, American Hydroponics, CropOne, Freight Farms, Green Sense Farms, Heliospectra Ab, Illumitex Inc.
A key trend in the vertical farming market includes technological advancement. One of the latest such kinds of trends is next generation vertical farms, which are farms that make use of hi-tech growing methods to produce high quantities of crops all year round. For instance, Sweetgreen, a Swedish company that operates in the vertical farming market and offers Hyper-local leafy greens manufacturing using a digitally based in-store service, developed and debuted the 'NextGen' of super-efficient in-store vertical farms in Linköping's Ica Maxi megastore on April 16, 2021. The company's 'Farming-as-a-Service growing' unit for leafy greens is now right at the store's door. The new vertical farm will be the largest in-store cultivation market in Scandinavia.
Read More On The Global Vertical Farming Market Report Here:
https://www.thebusinessresearchcompany.com/report/vertical-farming-global-market-report
The vertical farming market is segmented -
1) By Component: Irrigation Component, Lighting, Sensor, Climate Control, Building Material, Other Components
2) By Structure: Shipping Container, Building-Based
3) By Type: Hydroponics, Aeroponics, Aquaponics
4) By Crop Type: Leafy Green, Pollinated Plants, Nutraceutical Plant
5) By Application: Indoor, Outdoor
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the vertical farming market.
The Business Research Company's "Global Vertical Farming Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Vertical Farming Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6013
The Table Of Content For The Vertical Farming Market Include:
1. Executive Summary
2. Vertical Farming Market Characteristics
3. Vertical Farming Market Trends And Strategies
4. Vertical Farming Market - Macro Economic Scenario
5. Vertical Farming Market Size And Growth
………
26. Africa Vertical Farming Market
27. Vertical Farming Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vertical Farming Market
29. Vertical Farming Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
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, Regional Overview, Competitive Landscape, Business Growth, Share Analysis And Forecast To 2032 here
News-ID: 3286213 • Views: …
More Releases from The Business research company
Ventricular Assist Device Industry Outlook 2025-2029: Market Set to Cross $3.87 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Ventricular Assist Device Market Size By 2025?
The market size of the ventricular assist device has seen rapid expansion in recent years. A growth from $2.12 billion in 2024 to $2.37 billion in 2025 is projected, reflecting a compound annual growth rate (CAGR) of 11.8%.…
Key Trends Reshaping the Sunglasses Market: Leading Sunglass Brands Embrace AI W …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Sunglasses Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size of sunglasses has been on a progressive rise. It is projected to increase from $18.11 billion in 2024 to an estimated $18.93 billion in 2025, experiencing a compound annual growth rate (CAGR) of…
Advanced Diagnostics And Treatments Drive Demand For PTA Balloon Catheters: A Ke …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
PTA Balloon Catheter Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the recent past, the market size for pta balloon catheter has seen substantial growth. The projections reveal that the growth scale will go up from $2.33 billion in 2024 to $2.56 billion in…
Soaring Demand Set to Propel Nuclear Medicine Diagnostics Market to $12.38 Billi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Nuclear Medicine Diagnostics Market Through 2025?
In recent years, the nuclear medicine diagnostics market has seen a quick expansion. The market's size will increase from $7.16 billion in 2024 to $7.88 billion in 2025 at a compound annual growth rate (CAGR) of…
More Releases for Farming
Transformative Trends Impacting the Smart Specialty Crop Farming Market Landscap …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Smart Specialty Crop Farming Market Size By 2025?
The market size of smart specialty crop farming has expanded swiftly in the past few years. Its projected growth is from $2.28 billion in 2024 to $2.54 billion in 2025, boasting a compound annual growth rate (CAGR)…
Efficiency in Farming: Leading Farming Contract Management Service Market 2024-2 …
Farming contract management services provide farmers and agricultural businesses with comprehensive tools and platforms to streamline the management of contracts related to farming operations. These services facilitate the creation, tracking, and enforcement of contracts between farmers, suppliers, distributors, and other stakeholders involved in the agricultural supply chain. Key features of farming contract management services include contract drafting, electronic signatures, compliance monitoring, and automated payment processing. By digitizing and centralizing contract…
'Crop Development and Farming Market' By Type (Tobacco Farming, Sugar beet Farmi …
Market Analysis and Size
Farming has seen significant advancements in farm mechanization, irrigation techniques, and the ease with which credit is available over the years. It currently serves as the backbone of the Indian economy, providing food and raw materials and employment opportunities to a sizable portion of the population. Despite the introduction of industrialization and significant expansion in other industries, agriculture remains a significant contributor to the country's Gross Domestic Product (GDP).…
e-Farming Reviews: 3-Step Income System With e-Farming
Visit Official Website Here >> https://rebrand.ly/e69klrg
Igor Kheifets' E-farming has gained significant attention on the internet, but it has not impressed everyone. E-farming is a program created by Igor Kheifets that aims to help individuals make money online through affiliate marketing. The program provides training, resources, and support to assist users in creating successful affiliate marketing campaigns. The idea behind E-farming is to enable individuals to earn passive income by promoting…
Global Oilseed Farming Market, Global Oilseed Farming Industry, Covid-19 Impact …
Oilseed farming market comprises of the sales of oilseeds by various that produce a variety of oilseed crops including sunflower seeds, rapeseeds, soybeans, sesame seeds and other oilseeds. Oilseeds are grown mainly for obtaining oil. Key sources of edible oils are basically cottonseed, palm kernel, copra, peanut, soybean, rapeseed, and sunflower seed. Oil is extracted either by chemical extraction using solvents or by mechanical extraction processes in oil mills. Oilseeds…
Integrated Dairy Farming
The quality and hygienic food is the new era of modernization, and with these new habits, unadulterated food production has become the trend among the food processors. Well, it's not only limited to food production, but it also applies to all the industrial areas.
Dairy farming is an ancient and traditional business for most of the small dairy farmers, where the milk production is carried out and further, that milk is…
