Vertical Farming Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Choose License

Report Code: ZMR-1663 | Report Format : | Status : Upcoming |

Abstract

Global Vertical Farming Market: Overview

A practice of cultivating food and medicinal plants in layers that are stacked vertically or surfaces that are inclined vertically or are integrated into other structures such as a skyscraper, used warehouse, or shipping container is known as vertical farming. It provides high quality fresh and nutritious food without depending on high soil fertility, favorable weather, skilled labor, and high water usage. Vertical farming ensures stability in the crop production and is reliable for a year even if the climate changes. The vertical farming consists of the modern ideas of indoor farming techniques coupled with controlled-environment agriculture technology in the controlled environmental factors. In this farming technique, natural sunlight can be enhanced with the help of metal reflectors and artificial lighting.

Global Vertical Farming Market: Growth Factors

Factors, which are influencing the vertical farming market, are a decrease in arable land, climb in popularity of organic food, and increase in urban population. Increasing awareness among people regarding the significance of alternative farming due to increasing population and less accessibility to agricultural lands that are fertile is the key factor that is expected to spur the industry demand. The Recent commercialization of indoor farming and exponential growth in the urban population is fuelling the market growth. In order to overcome such challenges sack gardens and vertically stacked wooden crates are helping a lot. However, huge capital investment, limited access to water and land, and involvement of promising technology may hamper the market growth.

Global Vertical Farming Market: Segmentation

The vertical farming market is globally segmented into growth mechanism, component, and geography. On the basis of growth mechanism, the market is segregated into aeroponics, aquaponics, and hydroponics. The hydroponics is the leading segment among others since it helps in reducing the risk of soil organisms causing diseases. Based on the component, the market is classified into climate control, building material, lighting, irrigation component, sensor, and others. Region-wise, the vertical farming market is diversified into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Global Vertical Farming Market: Regional Analysis

The European region seems to be favorable for the growth of vertical farming due to the availability of water in the Southern and Central region. Genetically modified crop technology is successfully applied in the European regional market which may give rise to the global vertical farming market growth. Significant acceptance of the nanotechnology and robotics in the vertical farming is anticipated to fuel the market in future. Nanotechnology will assist in improving food packaging and crop life from pest and other diseases. The European environmental agency has implemented certain regulations for producing food in the undesirable environmental condition in order to meet the requirements of the continuous rising population. Organic food is highly consumed in the North America which positively impacts the vertical farming market.

Global Vertical Farming Market: Competitive Players

Key market players that are involved in the global vertical farming market are Hort Americas, Everlight Electronics, Agrilution, Illumitex, Inc., American Hydroponics, AeroFarm, Green Sense Farms, Koninklijke Philips N.V., FarmedHere, and Sky Green.

Global Vertical Farming Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Juice Concentrate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2623 | Report Format:

Juice Concentrate Market : Overview A kind of delicacy that is in concentrated or frozen form and extracted either from fruits or vegetables by the eliminating the content of water. The benefit of the juice concentrated products is the cost affectivity and shelf life if compared with normal juic...Read More

Digestive Health Products Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2622 | Report Format:

Global Digestive Health Products Market: Overview Digestive health products are a variety of products intended to perk up the working of the digestive tract of the human beings. Diverse elements of the digestive tract need important maintenance as a result of their fragile nature and upholding t...Read More

Omega 3 Ingredients Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2612 | Report Format:

Global Omega 3 Ingredients Market: Overview Omega 3 ingredients are commonly occurring nutrients and polyunsaturated fatty acids that are very important for best possible human health. There are majorly 4 types of omega 3 ingredients, specifically, eicosapentaenoic acid (EPA), alpha-linolenic ac...Read More

Edible Oils and Fats Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2595 | Report Format:

Global Edible Oils and Fats Market: Overview The edible oils and fats are made up of poly-saturated, mono-saturated fatty acids and saturated fats. Saturated fat raises the body cholesterol levels, whereas polyunsaturated and monosaturated fats tend to decreases the cholesterol level in the body...Read More

Alternative Sweetener Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2591 | Report Format:

Global Alternative Sweetener Market: Overview Natural alternative sweeteners are also called as sugar substitutes. They are basically chemicals which are added to various food products to make them sweet in taste with the presence of very little amount or no/zero calories. The over usage/consump...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry