Worldnews

Vertical Farming Market Size, Share, Top Key Players, Growth, Drivers, Research Methodology and Forecast Till 2027

Summary

The global Vertical Farming Market will be worth USD 11.71 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growing demand for organic food products among consumers. Growing environmental concerns […]

The global Vertical Farming Market will be worth USD 11.71 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growing demand for organic food products among consumers. Growing environmental concerns such as the depletion of soil quality and groundwater on applications of chemical-based solutions have increased the vertical farming system’s adoption. The reduction in the prices of the light-emitting diode (LED) and the technological advancement in the LEDs help in the growth of the vertical farming system.

The report is furnished with the impact of the current COVID-19 pandemic. The pandemic is rearranging every aspect of the market from the global economic scenario to product demands and supply chains. The report assesses the hardest-hit sectors of the industry to offer a better understanding of the changes in the Vertical Farming market. The report is updated with the initial and future assessment of the impact of the COVID-19 pandemic on the Global Vertical Farming Market.

Request a sample of the Global Vertical Farming Market report @ https://www.emergenresearch.com/request-sample/238

Key Highlights From The Report

  • Shipping container-based vertical farms held the largest market share of 63.5% in 2019 due to the scarcity of the arable lands. Moreover, the ease of transportation and less requirement of land for the installation of the shipping container is expected to drive the growth of the segment.
  • The hydroponics segment is forecasted to grow with the fastest CAGR of 20.2% over the forecast period due to the ease of operation and low installation cost.
  • The lighting segment accounted for the largest market share of the vertical farming market in 2019 as the lighting devices help in the faster growth of the plant. The LED lighting technology is increasingly being used by the horticulture farmers due to the enhanced efficiency and long lifespan of the technologically advanced LEDs.
  • The Asia Pacific region held the largest market share of the vertical farming market in 2019 due to the growing demand for food owing to the rising global population. The scarcity of arable lands in the densely populated countries is also a driving factor for the region’s growth.
  • Key participants include Freight Farms, Signify, Osram, Aerofarms, BrightFarms, Everlight Electronics, HELIOSPECTRA AB, Illumitex, Inc., AGRICOOL, and SKY GREENS, among others.

Market Segmentation:

Emergen Research has segmented the global Vertical Farming Market on the basis of Structure, Growth mechanisms, Offering, and region:

  • Structure Outlook (Revenue, USD Billion; 2017-2027)
    • Building-based
    • Shipping-container
  • Growth mechanisms Outlook (Revenue, USD Billion; 2017-2027)
    • Aeroponics
    • Hydroponics
    • Aquaponics
  • Offering Outlook (Revenue, USD Billion; 2017-2027)
    • Climate Control
    • Lighting
    • Hydroponic Components
    • Sensors

The most prominent geographical segments covered in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/238

Full Coverage of the Report:

  • The authors of this report have performed qualitative and quantitative assessments of the global Vertical Farming industry and further conducted market estimation for the forecast years of 2020-2027.
  • The report assesses the global Vertical Farming market in detail, focusing on the technological advancements, various industry verticals, distribution channels, diverse product types, and the broad application outlook.
  • A wide-ranging analysis of the global Vertical Farming market’s geographical scenario is an integral part of the report.
  • In the conclusive section, the report discusses the company profiles of the key market players at length. This section takes a closer look at the financial positions, recent trends and developments, product offerings, and business expansion tactics of the market contenders.

Table Of Content:

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Vertical Farming Market Segmentation & Impact Analysis
4.1. Vertical Farming Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increased demand for organic products
4.2.2.2. Increasing disposable income
4.2.2.3. Growth of the global population
4.2.2.4. Increasing demand for high quality foods
4.2.3. Market restraints analysis
4.2.3.1. High initial investment
4.2.3.2. Lack of Skilled workforce
4.2.3.3. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. Vertical Farming Market By Structure Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Structure Dynamics & Market Share, 2019 & 2027
5.1.1. Building-based
5.1.2. Shipping-container

Chapter 6. Vertical Farming Market By Growth Mechanisms Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
6.1. Growth mechanisms Dynamics & Market Share, 2019 & 2027
6.1.1. Aeroponics
6.1.2. Hydroponics
6.1.3. Aquaponics

CONTINUED…!

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/vertical-farming-market

Thank you for reading our report. For further details or to inquire about customization, please connect with us. Our team will make sure your report is designed as per your needs.

Have a Look at Related Reports:

Chromatography Resins Market By Type, By Technology, By Application, Forecasts to 2027

3D Printing Metal Market By Form, By Metal Type, By Technology, By Industry Vertical, Forecasts to 2027

Research Antibodies Market By Market By Product, By Antibody Type (Monoclonal, Polyclonal), By Technology, By Application, By End-Users (Pharmaceutical & Biopharmaceutical Firms, Academic & Research Institutes, Contract Research Organizations), Forecasts to 2027

Depression Treatment Market By Drug Type (Antidepressants, Antipsychotics) By Application (Major Depressive Disorder (MDD), Bipolar Disorder), By End-User (Hospitals, NGOs, Mental Health Centers), By Distribution Channel, and By Region, Forecasts to 2027

Jet Lag Therapy Market By Product (Prescription Drugs, Melatonin, Herbal & Natural Products, Medical Devices, Others), By Distribution Channel (Over the Counter, Online), By End User (Business Travelers, Cabin Crew, Athletes, Seasonal Travelers, Others) and By Regions Forecasts to 2027

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Facebook | LinkdIn | Twitter | Blogs

https://newsinpaphos.com/
Leave a Reply

Your email address will not be published. Required fields are marked *