Vertical Farming Market 2022 Industry Size, Trends, Growth Channels, Segmentation and Forecasts to 2028

Vertical Farming Market 2022 Industry Size, Trends, Growth Channels, Segmentation and Forecasts to 2028
Vertical Farming Market 2022 Industry Size, Trends, Growth Channels, Segmentation and Forecasts to 2028

Vertical Farming Market is valued at USD 2832.66 Million in 2020 and expected to reach USD 9685.66 Million by 2027 with the CAGR of 19.20% over the forecast period. Increasing inclination towards the eco-friendly farming is driving the growth of Global vertical farming market.

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Vertical farming is nothing but the practice of producing foods on vertically inclined surface. The vertical farming produces the food on communally integrated into different structures like a skyscraper, shipping container or repurposed warehouse. In this kind of farming modern idea uses indoor farming techniques like, controlled environment agriculture. The artificial control of temperature, light, humidity, and gases makes producing foods and medicine indoor possible.

Scope of Global Vertical Farming Market Report:

Vertical farming is nothing but the practice of producing foods on vertically inclined surface. The vertical farming produces the food on communally integrated into different structures like a skyscraper, shipping container or repurposed warehouse. In this kind of farming modern idea uses indoor farming techniques like, controlled environment agriculture. The artificial control of temperature, light, humidity, and gases makes producing foods and medicine indoor possible. The key area of vertical farming is maximizing crops output in a limited space.

Segments of the Global Vertical Farming Market

Global Vertical farming market report is segmented on the basis of structure, component, growth mechanism and region & country level. Based upon structure, the vertical farming market is segmented into building-based vertical farms and container-based vertical farms. Based upon component, market is divided into irrigation component, lighting, sensor, climate control, building material, glass greenhouse, plastic greenhouse and others. Based upon growth mechanism, the market is divided into hydroponics, aeroponics and aquaponics.

By Structure

  • Building-based Vertical Farms
  • Container-based Vertical Farms

By Component

  • Irrigation Component
  • Lighting
  • Sensor
  • Climate Control
  • Building Material
  • Glass Greenhouse
  • Plastic Greenhouse
  • Others

By Growth Mechanism

  • Hydroponics
  • Aeroponics
  • Aquaponics

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News-

AeroFarms to Build World’s Largest Indoor Vertical Farm In Abu Dhabi

Aril 9th, 2020; AeroFarms will build the largest-ever indoor vertical farm in Abu Dhabi. The Newark-based sustainable indoor agriculture company said it will construct a 90,000-square-foot facility dedicated to the R&D and commercialization of local crops as part of a $100 million AgTech investment by the Abu Dhabi Investment Office.

By Region Outlook 

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2021 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil etc.)
  • Middle East and Africa (Egypt and GCC Countries)

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Key Market Players in the Global Tail lift Market 

  • Koninklijke Philips N.V.
  • Everlight Electronics
  • Illumitex
  • Sky Farms
  • AeroFarms LLC
  • Green Sense Farms
  • American Hydroponics
  • Agrilution
  • Urban Crops
  • Vertical Farm Systems
  • Others

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