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The vertical farming technologies market is forecasted to grow by USD 17.81 billion during 2023-2028, accelerating at a CAGR of 31.33% during the forecast period. The report on the vertical farming technologies market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus on reducing labor costs for farming, growth in investments and funding, and growing need to meet rising demand for food products.
The vertical farming technologies market is segmented as below:
By Application
- Hydroponics
- Aeroponics
- Aquaponics
By Type
- Shipping container
- Building-based
By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
The report on the vertical farming technologies market covers the following areas:
- Vertical farming technologies market sizing
- Vertical farming technologies market forecast
- Vertical farming technologies market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global vertical farming technologies market: 4D Bios Inc., AeroFarms LLC, Bowery Farming Inc., Eden Green Technology, Freight Farms Inc., Gronska Stadsodling, Grow Pod Solutions, GrowUp Farms Ltd., Hort Americas LLC, IGS Ltd., Indoor Urban Farming GmbH, Koninklijke Philips N.V., Plenty Unlimited Inc., SANANBIO, Sky Greens, SPREAD Co. Ltd., Swegreens, Urban Crop Solutions, Vertical Farm Systems Pty Ltd, and Vertical Future Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing inclination toward technologies that offer water saving and energy saving benefits."
According to the report, one of the major drivers for this market is the growing focus on reducing labor costs for farming.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 4D Bios Inc.
- AeroFarms LLC
- Bowery Farming Inc.
- Eden Green Technology
- Freight Farms Inc.
- Gronska Stadsodling
- Grow Pod Solutions
- GrowUp Farms Ltd.
- Hort Americas LLC
- IGS Ltd.
- Indoor Urban Farming GmbH
- Koninklijke Philips N.V.
- Plenty Unlimited Inc.
- SANANBIO
- Sky Greens
- SPREAD Co. Ltd.
- Swegreens
- Urban Crop Solutions
- Vertical Farm Systems Pty Ltd
- Vertical Future Ltd.
