Vertical Farming Market : Business Growth, Application and Future Prospects and Forecast Period From 2022 To 2030

Increase in global demand for food and rapid increase in urbanization are some key factors driving market revenue growth

VANCOUER, BC, CANADA, November 10, 2022 /EINPresswire.com/ -- 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.

Rapid increase in urbanization has led to increasing adoption of urban farming technology that involves large-scale agricultural production in the urban surroundings within confined spaces. According to the World Bank, over 50% of the world population lives in urban areas, which is expected to increase by 1.5 times by 2045. The world's urban population is expected to increase demand for vertical farming considerably. Vertical farming techniques enable faster growth and production of the crops by maintaining suitable environmental conditions and nutrient content. Moreover, vertical farms can grow crops throughout the year as it allows the user to customize the growing needs regardless of weather and are far less vulnerable to climate change.

𝐓𝐨 𝐠𝐞𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐯𝐢𝐬𝐢𝐭 @ https://www.emergenresearch.com/request-sample/238

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

List of Top Key Companies Profiled in the Vertical Farming Market 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.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:

The report offers insightful information about the market dynamics of the Vertical Farming market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Vertical Farming market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Vertical Farming market

𝐅𝐨𝐫 𝐬𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐬𝐭𝐮𝐝𝐲 𝐨𝐧 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭, Request for Free Sample Report

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

𝐇𝐨𝐰 𝐰𝐢𝐥𝐥 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐧𝐞𝐟𝐢𝐭 𝐲𝐨𝐮?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global lab-on-a-chip market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for vertical farming market with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

𝐅𝐢𝐧𝐝 𝐨𝐮𝐭 𝐰𝐡𝐢𝐜𝐡 𝐝𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐭𝐫𝐞𝐧𝐝𝐬 𝐚𝐫𝐞 𝐢𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭. Download a FREE PDF Sample Report Now!

𝐒𝐨𝐦𝐞 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 :

Building-based segment revenue is expected to expand at a substantially rapid CAGR during the forecast period owing to increasing urbanization and minimal availability of land in urban areas for agricultural practices.

Control systems segment accounted for largest revenue share over the forecast period owing to increasing demand for intelligent control systems embedded in buildings and containers for controlling and optimizing the internal environment conditions to prolong productivity.

North America is expected to register a steady revenue growth rate in vertical farming market over the forecast period owing to the robust presence of international and domestic enterprises providing vertical farming products such as AeroFarms, LLC, Freight Farms, Inc., Green Sense Farms Holdings, Inc., LumiGrow, Inc., and Hydrofarm LLC. among others in countries in the region.

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

𝐄𝐦𝐞𝐫𝐠𝐞𝐧 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐠𝐥𝐨𝐛𝐚𝐥 𝐯𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐟𝐚𝐫𝐦𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐛𝐚𝐬𝐢𝐬 𝐨𝐟 𝐬𝐲𝐬𝐭𝐞𝐦, 𝐭𝐲𝐩𝐞, 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞, 𝐞𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧:

System Outlook (Revenue, USD Billion, 2019–2030)
Hydroponics
Aeroponics
Aquaponics

Type Outlook (Revenue, USD Billion, 2019–2030)
Aggregate Systems
Open System
Closed System
Liquid Systems

Structure Outlook (Revenue, USD Billion, 2019–2030)
Building-based
Shipping Container-based

Equipment Outlook (Revenue, USD Billion, 2019–2030)
Heating Ventilation and Air Conditioning (HVAC)
Light-emitting Diode (LED)
Grow Lights
Irrigation Systems
Material Handling Equipment
Control Systems

𝐁𝐫𝐨𝐰𝐬𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐒𝐮𝐦𝐦𝐚𝐫𝐲 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 @ https://www.emergenresearch.com/industry-report/vertical-farming-market

Key regions covered in the report:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐭 𝐚𝐧 𝐞𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞𝐥𝐲 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭𝐞𝐝 𝐫𝐚𝐭𝐞 @ https://www.emergenresearch.com/select-license/238

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭:

What is the global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) sales value, production value, consumption value, import and export of Vertical Farming Market ?
Who are the global key manufacturers of the Vertical Farming Market ? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
What are the Vertical Farming Market opportunities and threats faced by the vendors in the global Vertical Farming Market ?
Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

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.

𝐓𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 𝐟𝐨𝐫 𝐫𝐞𝐚𝐝𝐢𝐧𝐠 𝐨𝐮𝐫 𝐫𝐞𝐩𝐨𝐫𝐭. 𝐅𝐨𝐫 𝐟𝐮𝐫𝐭𝐡𝐞𝐫 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐨𝐫 𝐭𝐨 𝐢𝐧𝐪𝐮𝐢𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐥𝐞𝐭 𝐮𝐬 𝐤𝐧𝐨𝐰. 𝐖𝐞 𝐰𝐢𝐥𝐥 𝐨𝐟𝐟𝐞𝐫 𝐲𝐨𝐮 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐬 𝐩𝐞𝐫 𝐲𝐨𝐮𝐫 𝐧𝐞𝐞𝐝𝐬.

Eric Lee
Emergen Research
+91 90210 91709
sales@emergenresearch.com
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