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Vertical Farming Market

Vertical Farming Market - By Offering (Hardware, Software, Services) By Growth Mechanism (Aeroponic, Aquaponic And Hydroponic) By Crop Type (Tomatoes, Spinach, Peppers, Cucumbers, Strawberries, Others) By Region ( North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa) – Global Market Size, Share, Trends, Industry Analysis, Growth and Forecast period 2019 - 2025

  • ID : 88229615  |  
  • Published : May-2019  |  
  • Region : Global  |  
  • Pages : 150   |  
  • Publisher : Research Cosmos

Vertical Farming Market Size & Growth Rate:

As per the recent market research report, the vertical Farming market is projected to be developing at a CAGR of X%, to clinch a market well worth of USD XX billion by 2025.

Vertical Farming Market Overview

Vertical farming allows in developing natural ingredients which might be succinct and effective in developing natural organic micro-veggies. Changing lifestyle, growing population and rising fitness focus among consumers are supporting the growth of the worldwide market. Asia-Pacific is the fastest developing market because of the need to provide food for the rapidly increasing population, along with constrained land availability.

Vertical Farming Market – Key Growth Driving Forces:

Consumer Growth in vertical farming market is attributed to the growing adoption of the production of fruits and vegetables that is respectful with the environment. The unprecedented growth of the world's population has increased the demand for urban agriculture. Vertical agriculture involves producing food in a vertically stacked layer, such as a used warehouse, a skyscraper or a shipping container. Organic foods are perceived as healthier, more nutritious, safer and more respectful of the environment. Obesity and heart disease are the most common health problems among consumers. In addition, increased depletion of groundwater and changes in climatic conditions have led traditional producers to adopt alternative production methods. Growing concerns about consumer health and the factors mentioned above are likely to raise industry demand. However, the high initial investments and the limitations in the growth of several crops are among the restrictive factors of the market.

Vertical Farming Market - Regional Analysis:

In terms of revenues, the Asia Pacific region dominated the business in 2018 and is expected to remain same during the forecast period. The key factor that should stimulate the demand of the industry is the raising awareness of the importance of alternative agriculture, due to the lower availability of fertile agricultural land and population growth. Europe is expected to experience significant growth during the projection period as a result of the growing expansion of genetically modified crops technology. In addition, the increasing adoption of nanotechnology and robotics for agriculture is strengthening the demand of the regional market.

The European Environment Agency has launched several initiatives to create vertical farming to face the challenges of continuous population growth and climate change, as well as to produce food without harming the environment. This has led to greater market demand in the region. The growth of the urban population and the commercialization of domestic agriculture should boost demand in Africa.

However, it is expected that the lack of financial resources to build modern vertical farms and limited access to water and land will slow regional growth. To address these challenges, several models followed in the region include vertically stacked wooden boxes and bag gardens.

Prominent Companies Leading the Vertical Farming Market analyzed in the report are:

  • Urban Crops 
  • Vertical Farm Systems
  • Green Sense Farms, LLC 
  • Sky Greens 
  • Illumitex, Inc. 
  • Everlight Electronics Co., Ltd. 
  • Koninklijke Philips N.V.
  • Agrilution 
  • American Hydroponics  
  • Aerofarms 

This research report includes the following segmentation for the Vertical Farming Market size and forecast 2019 - 2025

Vertical Farming Market - By Offering

  • Hardware
  • Software
  • Services

Vertical Farming Market - By Growth Mechanism

  • Aeroponics
  • Hydroponics
  • Aquaponics

Vertical Farming Market - By Crop Type

  • Tomatoes
  • Spinach
  • Peppers
  • Cucumbers
  • Strawberries
  • Others

Vertical Farming Market - By Region

  • North America                                                

    • United States                               
    • Canada                                         

  • Europe                                                                                  

    • United Kingdom                                           
    • Germany                                      
    • France                                          
    • Italy                               
    • Spain                                             

  • Asia-Pacific                                                     

    • China                                            
    • India                                             
    • Japan                                            
    • South Korea                                 

  • Latin America                                                                             

    • Brazil                                            
    • Argentina                                     
    • Mexico                                          

  • Middle-East & Africa                                                      

    • Middle-East
    • Africa

  1. Introduction                                                                       
  2. Research Methodology                                                                     

    1. Analysis Design                                               
    2. Research Phases                                                             

      1. Secondary Research                                     
      2. Primary Research                                        
      3. Expert Validation                                         

    3. Study Timeline                                                

  3. Overview                                                                            

    1. Executive Summary                                                        
    2. Key Inferences                                                
    3. New Developments                                                        

  4. Drivers, Restraints, Opportunities, And Challenges Analysis (DROC)                                                              

    1. Vertical Farming Market Drivers                                                
    2. Vertical Farming Market Restraints                                                           
    3. Key Challenges                                                
    4. Current Opportunities in The Vertical Farming Market                                                              

  5. Vertical Farming Market Segmentation                                                                      

    1. By Offering

      1. Hardware
      2. Software
      3. Services
      4. Vertical Farming Market Estimates & Forecasts, By Function, 2018 - 2023       
      5. Year on Year Growth Rates, By Type, 2018 - 2023       
      6. Vertical Farming Market Attractiveness Index, By Function, 2018 - 2023

    2. By Growth Mechanism

      1. Aeroponics
      2. Hydroponics
      3. Aquaponics
      4. Vertical Farming Market Estimates & Forecasts, By Function, 2018 - 2023       
      5. Year on Year Growth Rates, By Type, 2018 - 2023       
      6. Vertical Farming Market Attractiveness Index, By Function, 2018 - 2023

    3. By Crop Type

      1. Tomatoes
      2. Spinach
      3. Peppers
      4. Cucumbers
      5. Strawberries
      6. Others
      7. Vertical Farming Market Estimates & Forecasts, By Function, 2018 - 2023       
      8. Year on Year Growth Rates, By Type, 2018 - 2023       
      9. Vertical Farming Market Attractiveness Index, By Function, 2018 - 2023

  6. Geographical Analysis

    1. North America Vertical Farming Market

      1. Introduction                                
      2. United States Vertical Farming Market                              
      3. Canada Vertical Farming Market

    2. Europe Vertical Farming Market

      1. Introduction                                
      2. United Kingdom Vertical Farming Market                                          
      3. Germany Vertical Farming Market                                    
      4. France Vertical Farming Market                                        
      5. Italy Vertical Farming Market                             
      6. Spain Vertical Farming Market

    3. Asia-Pacific Vertical Farming Market

      1. Introduction                                
      2. China Vertical Farming Market                                         
      3. India Vertical Farming Market                                          
      4. Japan Vertical Farming Market                                         
      5. South Korea Vertical Farming Market
      6. Rest of Asia Pacific Vertical Farming Market

    4. Rest of The World

      1. Brazil Vertical Farming Market
      2. South Africa Vertical Farming Market
      3. Saudi Arabia Vertical Farming Market
      4. United Arab Emirates Vertical Farming Market
      5. Others Vertical Farming Market

  7. Strategic Analysis                                                              

    1. Pestle Analysis                                               

      1. Political                                        
      2. Economic                                     
      3. Social                                           
      4. Technological                                
      5. Legal                                            
      6. Environmental                                             

    2. Porter’s Five Analysis                                                      

      1. Bargaining Power of Suppliers                                     
      2. Bargaining Power of Consumers                                 
      3. Threat of New Entrants                               
      4. Threat of Substitute Products and Services                                
      5. Competitive Rivalry Within the Industry            

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users      

  8. Vertical Farming Market Leaders' Analysis                                                                  

    1. Urban Crops 

      1. Overview                                      
      2. Product Analysis                                          
      3. Strategic Evaluation and Operations                                           
      4. Financial Analysis                                         
      5. Legal Issues                                  
      6. Recent Developments                                 
      7. Swot Analysis                                              
      8. Analyst View

    2. Vertical Farm Systems
    3. Green Sense Farms, LLC 
    4. Sky Greens 
    5. Illumitex, Inc. 
    6. Everlight Electronics Co., Ltd. 
    7. Koninklijke Philips N.V.
    8. Agrilution 
    9. American Hydroponics  
    10. Aerofarms 

  9. Competitive Landscape                                                                     

    1. Vertical Farming Market Share Analysis                                                    
    2. Merger and Acquisition Analysis                                                     
    3. Agreements, Collaborations and Joint Ventures                                                            
    4. New Product Launches                                                   

  10. Expert Opinions                                                               

    1. Vertical Farming Market Outlook                                                              
    2. Investment Opportunities                                                            

  11. Appendix                                                               

    1. List of Tables                                                     
    2. List of Figures     

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