Vertical Farming Market Size is Expected to Reach $24.11 Billion by 2030

Vertical agriculture is a revolutionary approach used to produce food in vertically stacked layers such as in a skyscraper, used warehouse, or shipping container. It facilitates huge quantity of nutritious and quality fresh food without relying on favorable weather, high water usage, skilled labor, and high soil fertility.

According to a new report published by Allied Market Research, titled, “Vertical Farming Market by Structure, Growth Mechanism, Component, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the vertical farming industry size was valued at $3.24 billion in 2020, and is projected to reach $24.11 billion by 2030, registering a CAGR of 22.9%. Asia-Pacific is expected to be the leading contributor in the global vertical farming market forecast period, followed by North America and Europe.

Download Research Sample with Industry Insights (250+ Pages PDF Report) @ https://www.alliedmarketresearch.com/request-sample/2288

The latest survey on Global Vertical Farming Market is conducted covering various organizations of the industry from different geographies to come up with 250+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Vertical Farming Market. The report bridges the historical data from 2014 to 2021 and forecasted till 2030, product outline, the organization’s required raw materials, and others growth factors.

Vertical Farming Market Competitive Analysis:

Leading market players in global Vertical Farming Market include 4D Bios Inc., AeroFarms, Agrilution, AMHYDRO (American Hydroponics), Everlight Electronics Co., Ltd., Hort Americas, Illumitex Inc., Koninklijke Philips N.V., Urban Crop Solutions, and Sky Greens. 

The report includes thorough research of top 10 market players companies including their company portfolio, company overview, and their latest business decisions. This will include the study of their latest business strategies such as the launch of new products, collaborations and partnerships, and mergers & acquisitions. This helps customers comprehend the long-term profitability of the market.

KEY BENEFITS FOR STAKEHOLDERS FROM THIS RESEARCH REPORT

Vertical Farming Market Segmentation:

The research offers a detailed segmentation of the global Vertical Farming Market. Key segments analyzed in the research by Product, by Type, by End User and geography. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.

Vertical Farming Market Regional Analysis:                                                       

The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

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KEY QUESTIONS ANSWERED IN THE REPORT:

Q1. At what CAGR, the Global Vertical Farming Market will expand Over the Forecast Period?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report of Vertical Farming Market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in Vertical Farming Market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of Vertical Farming Market?

Q8. What are the key growth strategies of Vertical Farming Market Players?

Q9. By Application, which segment is expected to exhibit the highest CAGR during 2021 – 2030?

Q10. By Region, which segment holds a dominant position in 2020 and would maintain the lead over the forecast period?

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.COVID-19 impact analysis on vertical farming market

3.2.1.Impact on market size
3.2.2.End user trends, preferences, and budget impact
3.2.3.Key player strategies to tackle COVID-19’s impact

3.3.Key findings

3.3.1.Top impacting factors
3.3.2.Top investment pockets

3.4.Porter’s five forces analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Optimum use of vertical space and balanced energy utilization
3.5.1.2.Ease of crop monitoring and harvesting
3.5.1.3.Increase in popularity of organic foods
3.5.1.4.Limited arable land for traditional agriculture

3.5.2.Restraints

3.5.2.1.High initial investments
3.5.2.2.Developmental phase of technologies used

3.5.3.Opportunity

3.5.3.1.Increase in urban population

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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