Vertical Farming Market is Determined to Cross US$ 6 Billion Globally By 2022

The global vertical farming market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific dominates the vertical farming market and is expected to continue the same trend during the forecast period. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional vertical farming market and analyzes the variations in the growth of the industry in certain regions.

The global vertical farming market is expected to reach more than US$ 6 billion by 2022.

A glimpse of the report structure is provided in the report description available on the website.
https://www.marketresearchengine.com/reportdetails/vertical-farming-market-global-forecast-to-2022

The environmentally friendly production of fresh fruits and vegetables with no use of pesticide and reliable production of crops irrespective of climatic change are expected to drive the market. In addition, the methods conducive to the environment and increasing urban population are fueling the growth of the market. However, the high initial investments in vertical farming, the dearth of technical acumen, and limitations on the variety of crops grown are hampering the growth of the vertical farming market.

In this report, the global vertical farming market is segmented by growth mechanism, functional mechanism, and region. The market on the basis of growth mechanism is segmented into aeroponics, hydroponics, and others. The market in the hydroponics segment is expected to witness the highest growth rate during the forecast period. On the basis of functional mechanism, the market is segmented into photosynthesis process/lighting, hydroponic components, climate control, and sensors.

Sky Greens (Singapore), AeroFarms (U.S.), Green Sense Farms LLC (U.S.), Agrilution (Germany), American Hydroponics (U.S.), Illumitex, Inc. (U.S.), Koninklijke Philips N.V. (Netherlands), Urban Crops (Belgium), and Everlight Electronics (Taiwan) are the most active players in the vertical farming market.

Request Sample Report: https://www.marketresearchengine.com/reportdetails/vertical-farming-market-global-forecast-to-2022

The deep-dive study on the vertical farming market will help customers with the identification of new market opportunities and targeted promotional plans. The report provides global market trends, with data from 2013, estimates for 2014 and 2015, and projections of CAGRs through 2022.

Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Evolution of Vertical Farming
5.3 Market Segmentation
5.3.1 By Offering
5.3.2 By Structure
5.3.3 By Growth Mechanism
5.3.4 By Crop Type
5.3.5 By Geography
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Environment Friendly Production of Fresh Fruits and Vegetables With No Use of Pesticides
5.4.1.2 Reliable Production of Crops Irrespective of Climatic Change
5.4.1.3 Methods Conducive to the Environment
5.4.1.4 Increasing Urban Population
5.4.2 Restraints
5.4.2.1 High Initial Investments in Vertical Farming
5.4.2.2 Dearth of Technical Acumen
5.4.2.3 Limitations on the Variety of Crops Grown
5.4.3 Opportunities
5.4.3.1 Healthy Food for the Critically Ill and People With Dermatological Issues
5.4.3.2 Geographical Opportunities of Vertical Farming in the APAC Region
5.4.3.3 Production of Biopharmaceutical Products
5.4.4 Challenges
5.4.4.1 Vertical Farms on A Large Scale
6 Industry Trends
7 Vertical Farming Market, By Growth Mechanism
8 Vertical Farming Market, By Structure
9 Vertical Farming Market
10 Vertical Farming Market, By Offering
11 Vertical Farming Market, By Region
12 Competitive Landscape
13 Company Profiles
13.1 Introduction
13.2 Koninklijke Philips N.V.
13.3 Aerofarms
13.4 Sky Greens
13.5 Illumitex, Inc.
13.6 Everlight Electronics Co., Ltd.
13.7 Green Sense Farms, LLC
13.8 Agrilution
13.9 American Hydroponics
13.10 Urban Crops
13.11 Vertical Farm Systems

About Us

Market Research Engine (MRE) is a next-generation provider of syndicated research, customized research, and consulting services. MRE’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each Market Research Engine’s research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Media Contact

Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website: https://www.marketresearchengine.com/

Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States

This release was published on openPR.