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Global Vertical Farming Market Size study, by Structure (Shipping Container and Building-based), Offering (Lighting, Hydroponic Components, Climate Control and Sensors), Growing Mechanism (Hydroponics, Aeroponics and Aquaponics), Fruits, Vegetables, & Herbs (Tomato, Lettuce, Bell & Chili Peppers, Strawberry, Cucumber, Leafy Greens, Herbs and Others) and Regional Forecasts 2020-2027

  • BIZ4259102
  • 200 Pages
  • March 2021
  • Food and Beverages
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Global Vertical Farming Market is valued approximately USD 4.10 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 22 % over the forecast period 2020-2027. Vertical Farming is a process of farming in which the crops are grown in vertically stacked layers, it includes soilless farming techniques like hydroponics, aquaponics and aeroponics. The structures that are generally chosen for vertical farming systems are house, buildings, shipping containers, abandoned mine shafts and others. The increase in adoption of organic food due to increase in use of pesticides in traditional farming, rising use of Internet of Things (IoT) sensors for producing crops, effectiveness of vertical farming in maintaining reliability and stability of crop in adverse conditions, less use of water, low dependence on agricultural labors and lesser need for agrochemicals are the factors expected to fuel the demand. For instance, in 2019, according to the Organic Trade Association, sale of U.S. organic industry increased by around 5%. However, few numbers of varieties and high initial investment will impede the growth of the market over the forecast period of 2020-2027. Also, increasing use of big data, predictive analytics and rising automation in agriculture is likely to increase the market growth during the forecast period.

The regional analysis of global Vertical Farming market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the expansion of commercial and small-scale vertical farms. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising demand of organic food would create lucrative growth prospects for the Vertical Farming market across Asia-Pacific region.

Major market player included in this report are:

4D Bios Inc.

AeroFarms

Freight Farms

Green Sense Farms, LLC

BrightFarms Inc.

Everlight Electronics Co., Ltd.

Agrilution Systems GmbH

Signify

Osram

Sky Greens

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Structure:

Shipping Container

Building-based

By Offering:

Lighting

Hydroponic Components

Climate Control

Sensors

By Growing Mechanism:

Hydroponics

Aeroponics

Aquaponics

By Fruits, Vegetables, & Herbs:

Tomato

Lettuce

Bell & Chili Peppers

Strawberry

Cucumber

Leafy Greens

Herbs

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Vertical Farming Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Vertical Farming Market, by Region, 2018-2027 (USD Billion)

1.2.2. Vertical Farming Market, by Structure, 2018-2027 (USD Billion)

1.2.3. Vertical Farming Market, by Offering, 2018-2027 (USD Billion)

1.2.4. Vertical Farming Market, by Growing Mechanism, 2018-2027 (USD Billion)

1.2.5. Vertical Farming Market, by Fruits, Vegetables, & Herbs, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Vertical Farming Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Vertical Farming Market Dynamics

3.1. Vertical Farming Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Vertical Farming Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Vertical Farming Market, by Structure

5.1. Market Snapshot

5.2. Global Vertical Farming Market by Structure, Performance - Potential Analysis

5.3. Global Vertical Farming Market Estimates & Forecasts by Structure 2017-2027 (USD Billion)

5.4. Vertical Farming Market, Sub Segment Analysis

5.4.1. Shipping Container

5.4.2. Building-based

Chapter 6. Global Vertical Farming Market, by Offering

6.1. Market Snapshot

6.2. Global Vertical Farming Market by Offering, Performance - Potential Analysis

6.3. Global Vertical Farming Market Estimates & Forecasts by Offering 2017-2027 (USD Billion)

6.4. Vertical Farming Market, Sub Segment Analysis

6.4.1. Lighting

6.4.2. Hydroponic Components

6.4.3. Climate Control

6.4.4. Sensors

Chapter 7. Global Vertical Farming Market, by Growing Mechanism

7.1. Market Snapshot

7.2. Global Vertical Farming Market by Growing Mechanism, Performance - Potential Analysis

7.3. Global Vertical Farming Market Estimates & Forecasts by Growing Mechanism 2017-2027 (USD Billion)

7.4. Vertical Farming Market, Sub Segment Analysis

7.4.1. Hydroponics

7.4.2. Aeroponics

7.4.3. Aquaponics

7.4.4. Global Vertical Farming Market, by Fruits, Vegetables, & Herbs

7.5. Market Snapshot

7.6. Global Vertical Farming Market by Fruits, Vegetables, & Herbs, Performance - Potential Analysis

7.7. Global Vertical Farming Market Estimates & Forecasts by Fruits, Vegetables, & Herbs 2017-2027 (USD Billion)

7.8. Vertical Farming Market, Sub Segment Analysis

7.8.1. Tomato

7.8.2. Lettuce

7.8.3. Bell & Chili Peppers

7.8.4. Strawberry

7.8.5. Cucumber

7.8.6. Leafy Greens

7.8.7. Herbs

7.8.8. Others

7.8.9. Global Vertical Farming Market, Regional Analysis

7.9. Vertical Farming Market, Regional Market Snapshot

7.10. North America Vertical Farming Market

7.10.1. U.S. Vertical Farming Market

7.10.1.1. Structure breakdown estimates & forecasts, 2017-2027

7.10.1.2. Offering breakdown estimates & forecasts, 2017-2027

7.10.1.3. Growing Mechanism breakdown estimates & forecasts, 2017-2027

7.10.1.4. Fruits, Vegetables, & Herbs breakdown estimates & forecasts, 2017-2027

7.10.2. Canada Vertical Farming Market

7.11. Europe Vertical Farming Market Snapshot

7.11.1. U.K. Vertical Farming Market

7.11.2. Germany Vertical Farming Market

7.11.3. France Vertical Farming Market

7.11.4. Spain Vertical Farming Market

7.11.5. Italy Vertical Farming Market

7.11.6. Rest of Europe Vertical Farming Market

7.12. Asia-Pacific Vertical Farming Market Snapshot

7.12.1. China Vertical Farming Market

7.12.2. India Vertical Farming Market

7.12.3. Japan Vertical Farming Market

7.12.4. Australia Vertical Farming Market

7.12.5. South Korea Vertical Farming Market

7.12.6. Rest of Asia Pacific Vertical Farming Market

7.13. Latin America Vertical Farming Market Snapshot

7.13.1. Brazil Vertical Farming Market

7.13.2. Mexico Vertical Farming Market

7.14. Rest of The World Vertical Farming Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. 4D Bios Inc.

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. AeroFarms

8.2.3. Freight Farms

8.2.4. Green Sense Farms, LLC

8.2.5. BrightFarms Inc.

8.2.6. Everlight Electronics Co., Ltd.

8.2.7. Agrilution Systems GmbH

8.2.8. Signify

8.2.9. Osram

8.2.10. Sky Greens

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Vertical Farming market, report scope

TABLE 2. Global Vertical Farming market estimates & forecasts by Region 2017-2027 (USD Billion)

TABLE 3. Global Vertical Farming market estimates & forecasts by Structure 2017-2027 (USD Billion)

TABLE 4. Global Vertical Farming market estimates & forecasts by Offering 2017-2027 (USD Billion)

TABLE 5. Global Vertical Farming market estimates & forecasts by Growing Mechanism 2017-2027 (USD Billion)

TABLE 6. Global Vertical Farming market estimates & forecasts by Fruits, Vegetables, & Herbs 2017-2027 (USD Billion)

TABLE 7. Global Vertical Farming market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Vertical Farming market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Vertical Farming market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Vertical Farming market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Vertical Farming market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Vertical Farming market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Vertical Farming market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Vertical Farming market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Vertical Farming market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Vertical Farming market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. U.S. Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. U.S. Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 19. U.S. Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 20. Canada Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. Canada Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 22. Canada Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 23. UK Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 24. UK Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 25. UK Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 26. Germany Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 27. Germany Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 28. Germany Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 29. RoE Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 30. RoE Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 31. RoE Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 32. China Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 33. China Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 34. China Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 35. India Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 36. India Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 37. India Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 38. Japan Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 39. Japan Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 40. Japan Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 41. RoAPAC Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 42. RoAPAC Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 43. RoAPAC Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 44. Brazil Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 45. Brazil Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 46. Brazil Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 47. Mexico Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 48. Mexico Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 49. Mexico Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 50. RoLA Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 51. RoLA Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 52. RoLA Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 53. Row Vertical Farming market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 54. Row Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 55. Row Vertical Farming market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 56. List of secondary sources, used in the study of global Vertical Farming market

TABLE 57. List of primary sources, used in the study of global Vertical Farming market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
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