The global Vertical Farming Market is projected to reach US$ 31.6 billion by the end of the year 2030, and growing at a CAGR of 25.2% from 2021 to 2030.
The latest study collated and published by Precedence Research analyzes the historical and present-day scenario of the global Vertical Farming market in order to accurately gauge its future growth. The study presents detailed information about the important growth factors, restraints, and trends that are creating a landscape for the growth of the global Vertical Farming market so as to identify growth opportunities for market stakeholders. The report also provides insightful information about how the global Vertical Farming market would expand during the forecast period of 2021 to 2030.
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The report offers intricate dynamics about different aspects of the global Vertical Farming market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global Vertical Farming market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of the global Vertical Farming market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).
This study covers a detailed segmentation of the global Vertical Farming market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global Vertical Farming market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.
Market Segmentation
- 4D Bios Inc
- Illumitex Inc
- Urban Crop Solutions
- Koninklijke Philips N.V.
- AMHYDRO (American Hydroponics)
- AeroFarms
- Agrilution
- Everlight Electronics Co., Ltd
- Hort Americas
- Others
Key Players
By Component
- Hydroponic Components
- Lighting
- Climate Control
- Sensor
By Fruits, Vegetables & Herbs
- Bell & Chili peppers
- Strawberry
- Tomato
- Lettuce
- Cucumber
- Herbs
- Leafy Greens (excluding lettuce)
- Others
By Structure
- Shipping Container
- Building-based
By Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- United Kingdom
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
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Research Methodology
The research methodology adopted by analysts for compiling the global Vertical Farming market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global Vertical Farming market.
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