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

Request Brochure Request Discount

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

Protein Supplements Market: By Product (Ready To Drink and Ready To Eat), By Raw Material (Casein Protein Supplements, Whey Protein Supplements, Egg Protein Supplements, MPC Protein Supplements, and Soy Protein Supplements), By Source (Animal and Plant), By Distribution Channel (Supermarkets And Hypermarkets, Online Stores, and Drug Stores): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017– 2024

Aug-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3278 | Report Format:

The report covers a detailed analysis and forecast for the protein supplements market on a global and regional level from 2015 to 2024. The study offers historic data of 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study comprises a comprehensive view of th...Read More

Cold Chain Market by Type (Refrigerated Storage and Transport), by Temperature Type (Chilled and Frozen), and by Application (Dairy & Frozen Desserts; Meat, Fish, and Seafood, Fruits & Vegetables, Bakery & Confectionery, Pharmaceuticals, and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Aug-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3266 | Report Format:

The report covers forecast and analysis for the cold chain market on a global and regional level. The study provides historic data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the cold chain market al...Read More

Tea Market By Product Type (Green Tea, Black Tea, Oolong Tea, Herbal Tea, and Others), By Application (Household and Commercial), By Packaging (Plastic Container, Loose Tea Packets, Tea Bags, and Aluminum Tins), and By Distribution Channel (Supermarket/Hypermarket, Convenience Store, Specialty Store, Online Retail and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017– 2024

Aug-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3260 | Report Format:

The report covers forecast and analysis for the tea market on a global and regional level. The study provides historic data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the tea market along with the i...Read More

Frozen Seafood Market By Product Type (Fish, Crustaceans, Shellfish, Molluscs, And Others) and By Distribution Channel (Supermarket & Hypermarket, Convenience Stores, Online Stores, And Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017– 2024

Jul-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3250 | Report Format:

The report covers detailed analysis and forecast for the frozen seafood market on a global and regional level from 2015 to 2024. The study offers historic data of 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study comprises a comprehensive view of the marke...Read More

Biscuit Market By Product (Sweet Biscuits, Savory, Crackers, Filled/Coated, And Wafers), By Source (Wheat, Oats, Millets, And Others), By Flavor Type (Plain, Chocolate, Sour Cream, Cheese And Spiced, Fruits & Nuts, And Others), and By Distribution Channel (Supermarket/Hypermarket, Convenience Store, Specialty Store, And Online Retail): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017– 2024

Jul-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3249 | Report Format:

The report covers a detailed analysis and forecast for the biscuit market on a global and regional level from 2015 to 2024. The study offers historical data for 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study comprises a comprehensive view of the market ...Read More

Download Brochure
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.