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Vertical Farming Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025

04-13-2017 04:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: ProgressiveMarkets

Vertical Farming

Vertical Farming

Vertical farming is a revolutionary approach to produce food in vertically stacked layers, such as in a skyscraper, used warehouse, or shipping container.
It facilitates huge quantity of nutritious and quality fresh food, without relying on favorable weather, high water usage, skilled labor, and high soil fertility. Also, it enables reliable harvest and consistency along with climate control, as well as complete removal of external environment factors such as disease, pest or predator attacks.

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The global vertical farming market is expected to grow at a CAGR of 31.6% from 2017 to 2025.

Market Dynamics:

Drivers:
• Increasing adoption of technology driven agriculture.
• Escalating demand for food due to growing population.
• Technological advancements.

Restraints:
• Lack of awareness about the benefits of the technology.
• Affordability of the technology.

Market Players:

The top players in the global vertical farming market include Aerofarms, Farmedhere, Illumitex, Inc., Koninklijke Philips N.V, Sky Green, Everlight Electronics, Green Sense Farms, American Hydroponics, Hort Americas, and Agrilution.

MARKET LANDSCAPE

By Component

• Hydroponic
• Lighting
• Sensing
• Climate Control
• Others

By Growth Mechanism

• Hydroponics
• Aeroponics
• Others

By Geography

• North America
o U.S.
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Taiwan
o South Korea
o Rest of Asia-Pacific

• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

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Table of Content Contain

1. Executive summary

1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis

2. Introduction

2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology

3. Market landscape

3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Vertical Farming Market Shares Analysis, 2014-2025
Continued…

List of Tables
Contain 42 Tables

List of Figures
Contain 50 Figures

About Us
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in U.S. that aims to deliver conversant executive support to foster overall growth of an organization in its domain.

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VERTICAL FARMING BUSINESS
Farming in urban areas has become quite difficult due to the rising population, limited space, a fast pace of living, etc. which are driving the new technologies for cultivating the agricultural produce. Vertical Farming is one of the modern and advanced technologies which helps in growing more food in smaller spaces, offering an opportunity for growing fruits and vegetables in a controlled environment in metropolitan areas. Vertically grown crops require minimum