Vertical Farming Market Emerging Players May Yields New Opportunities| AeroFarms, OSRAM Licht AG, Urban Crop

A Latest intelligence report published by Market Research Forecast with title "Global Vertical Farming Market Outlook to 2032. A detailed study accumulated to offer Latest insights about acute features of the Vertical Farming market. This report provides a detailed overview of key factors in the Global Vertical Farming Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development.
Definition:
The Vertical Farming Marketsize was valued at USD 5.05 USD Billion in 2023 and is projected to reach USD 26.03 USD Billion by 2032, exhibiting a CAGR of 26.4 % during the forecast period.

Major Players in This Report Include,
AeroFarms (U.S.), OSRAM Licht AG (Germany), Urban Crop Solutions (Europe), Heliospectra AB (Sweden), Everlight Electronics Co. Ltd. (Taiwan), Signify Holding (Netherlands), Sky Greens (Singapore), BrightFarms. (U.S.), Plenty Unlimited Inc. (U.S.), Freight Farms, Inc. (U.S.)

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Market Insights
February 2024 - Urban Crop Solutions launched an e-shop for customers for indoor farming installations. The e-shop can connect a customer to a sales person, and the team would assist customers in their purchases and other queries.,
November 2023 - Urban Crop Solutions collaborated with BASF for developing eco- friendly and efficient solutions.,
March 2023 - UP Vertical Farms developed unique solutions to the challenges handled by traditional farming methods. The company launched a high-density contactless vertical farm to be the most sustainable vertical farm by 2023. The solution enables significantly faster production, higher yields, and better quality control with minimal environmental impact.,
February 2023 - AeroFarms unveiled its new research & development farm in Abu Dhabi with the support of the Abu Dhabi Investment Office.,
October 2022 - AeroFarms decided to expand nationally from the Northeast region to all-natural food markets after noticing an increased demand for specialty vegetables. AeroFarms becomes the first indoor farming company to join the Whole Foods Market Global Planogram. ,
October 2022 - Singapore-based agtech company Singrow launched Bloom, a consumer concept brand, with plans to expand in Asia and beyond. The company plans to expand its firm partner presence beyond China, Singapore, and Indonesia to Thailand, the Philippines, Hong Kong, and the Middle East. ,
December 2021 - Dream Harvest Farming Company, a Houston-based vertical farming company, secured USD 50 million in funding from Orion Energy Partners. Through this funding, the company aims to scale up production and construct a 100,000 sq. ft indoor vertical farming facility. Further, the company aims to scale its operations and serve additional retailers.,
October 2020 - BrightFarms secured USD 100 million to expand its indoor farming. The funding round was led by Cox Enterprises. The company aims to leverage this funding to invest in its existing and retail farms. Further, the company aims to expand its presence across the U.S.

Global Vertical Farming the manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Global Vertical Farming Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most useful or commercial areas for investments. The study also provides special chapter designed (qualitative) to highlights issues faced by industry players in their production cycle and supply chain.

The Global Vertical Farming Market segments and Market Data Break Down are illuminated below:
Type: Hydroponics, Aeroponics, Aquaponics,Structure: Building-Based Vertical Farm, Shipping-Container Vertical Farm,Component: Lighting System, Irrigation & Fertigation System, Climate Control, Sensors, Others

Market Drivers
Declining Arable Land and Growing Water Crisis to Drive Adoption of Vertical Farms

Market Trend
Robotics and Artificial Intelligence to Drive Market towards Higher Growth Trajectory

Challenges
High initial investment costs for infrastructure
Energy consumption and operating expenses
Limited consumer familiarity with indoor-grown produce
Regulations and standards governing vertical farming practices

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Geographically World Global Vertical Farming markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Global Vertical Farming markets will drive growth in the North American market over the next few years.

In the last section of the report, the companies responsible for increasing the sales in the Global Vertical Farming Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.

Report Highlights:
• Comprehensive overview of parent market & substitute market
• In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
• Recent industry trends and development activity
• Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)

Strategic Points Covered in Table of Content of Global Vertical Farming Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Vertical Farming market
Chapter 2: Exclusive Summary - the basic information of the Vertical Farming Market.
Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Vertical Farming;
Chapter 4: Presenting the Vertical Farming Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2019-2024
Chapter 6: Evaluating the leading manufacturers of the Vertical Farming market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
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Key questions answered
• Who are the Leading key players and what are their Key Business plans in the Global Vertical Farming market?
• What are the key concerns of the five forces analysis of the Global Vertical Farming market?
• What are different prospects and threats faced by the dealers in the Global Vertical Farming market?
• What possible measures players are taking to overcome and stabilize the situation?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Asia.

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