The Global Vertical Farming Marketresearch study published by Emergen Research is an extensive collection of insightful information about the Vertical Farming industry. The report covers the Vertical Farming Market segmentation along with a detailed outline of the Vertical Farming market size with regards to volume and valuation. The report provides comprehensive coverage of the Vertical Farming market scenario for the current period and forecast timeline of 2021-2030. The Vertical Farming market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
Global vertical farming market size reached USD 3.09 Billion in 2021 and is expected to register a revenue CAGR of 23.5% during the forecast period, according to latest analysis by Emergen Research. Increase in global demand for food and rapid urbanization are expected to support market revenue growth during 2022-2030.
Factors influencing the growth of the Vertical Farming market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Vertical Farming market. The report discusses in detail the positive and negative impact of the pandemic on the Vertical Farming industry. The supply chain disruptions and economic volatility have altered the dynamics of the Vertical Farming industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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The content of each profile differs, depending on the organization. In general, a profile gives the following information:
Overview of the company’s Vertical Farming products & services
Analysis of recent financial performance–annual revenue of the companies
Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations
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The key companies studied in the report are:
AeroFarms, LLC, Agricool SAS, Sky Greens, Emirates Vertical Farming Farms, Freight Farms, Inc., Green Sense Farms Holdings, Inc., Heliospectra AB, LumiGrow, Inc., Signify Holding B.V., and Hydrofarm LLC
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
Segments Covered in this report are:
- System Outlook (Revenue, USD Billion, 2019–2030)
- Type Outlook (Revenue, USD Billion, 2019–2030)
- Aggregate Systems
- Open System
- Closed System
- Liquid Systems
- Aggregate Systems
- Structure Outlook (Revenue, USD Billion, 2019–2030)
- Shipping Container-based
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The report addresses the following key points:
- The report estimates the expected market size from 2021-2030
- The report provides a forecast of market drivers, restraints, and future opportunities for the Vertical Farming market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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New Industry Research Report On Global Vertical Farming Market with data Tables, Pie Chart, high level qualitative insights and COVID-19 Impact Analysis
The global vertical farming market is anticipated to reach over 10 billion US$ by the end of 2027, according to a comprehensive research report recently added by Report Ocean. The research report anticipates that the global vertical farming market is likely to register substantial growth during the forecast period of 2020-2027.
Over the years, the vertical farming sector has undergone significant transformation, primarily due to supportive government policies, the introduction of sustainable varieties, and the emergence of innovative technologies, thereby propelling market demand.
The research provides an in-depth analysis of the global vertical farming market and features detailed market condition and market drivers. The report also provides an exhaustive analysis of worldwide market performance. It covers market size, pricing structure, and industry size by revenue. It also focuses on industry developments in terms of production, process, production costs, and technology. Furthermore, the research report provides an overview of the competitive landscape and a review of patent analysis.
On the basis of type, the global vertical farming market has been bifurcated into hydroponic and aeroponic vertical farming. According to the report, hydroponic vertical farming production is estimated to be the largest market segment in the overall market in terms of both revenue and volume.
On the basis of application, the global vertical farming market has been segmented into commercial and residential. The report indicates that the commercial vertical farming segment is likely to be the largest market segment in the overall market in terms of both revenue and volume.
The key players in the market have been analyzed, considering their company profiles, geographic distribution, and product portfolio. The report also presents a detailed financial analysis of each company in order to understand their business strategies, future prospects, and investments.
The top companies operating in the market are Aerofarms, SEEDESIGN Inc., Plant Mission, Illumitex, Ameri Gas Ent, Growing Underground, and Lerado Group.
In conclusion, the research report provides detailed market overview and analysis of the global vertical farming market. It also contains detailed market data and competitive analysis. The research study presents a detailed analysis and provides information on the key players operating in the market. A comprehensive review of the competitive landscape and a detailed assessment of the industry production chain are also included in the research report.