Vertical Farming Market
Vertical Farming Market - Global Industry Assessment & Forecast
Segments Covered
- By Structure Building-based Vertical Farms, Container-based Vertical Farms
- By Growth Mechanism Hydroponics, Aeroponics, Aquaponics
- By Component Irrigation Component, Lighting, Sensor, Climate Control, Building Material, Other Components
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 5.5 Billion |
Revenue 2030: | USD 18.8 Billion |
Revenue CAGR (2023 - 2030): | 19.2% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Vertical Farming Market - Segment Analysis
- Overview
- Global Vertical Farming Market, 2016 - 2028 (USD Million)
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Global Vertical Farming Market - by Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
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Global Vertical Farming Market - by Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
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Global Vertical Farming Market - by Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
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Global Vertical Farming Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Vertical Farming Market - Segment Analysis
- Overview
- North America Vertical Farming Market, 2016 - 2028 (USD Million)
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North America Vertical Farming Market, by Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
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North America Vertical Farming Market, by Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
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North America Vertical Farming Market, by Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
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North America Vertical Farming Market, by Country
- U.S.
- U.S. Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- U.S. Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- U.S. Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- U.S. Vertical Farming Market, By Structure
- Canada
- Canada Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Canada Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Canada Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Canada Vertical Farming Market, By Structure
- Mexico
- Mexico Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Mexico Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Mexico Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Mexico Vertical Farming Market, By Structure
- U.S.
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Europe Vertical Farming Market - Segment Analysis
- Overview
- Europe Vertical Farming Market, 2016 - 2028 (USD Million)
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Europe Vertical Farming Market, by Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
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Europe Vertical Farming Market, by Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
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Europe Vertical Farming Market, by Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
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Europe Vertical Farming Market, by Country
- Germany
- Germany Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Germany Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Germany Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Germany Vertical Farming Market, By Structure
- UK
- UK Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- UK Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- UK Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- UK Market, By Structure
- France
- France Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- France Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- France Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- France Vertical Farming Market, By Structure
- Spain
- Spain Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Spain Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Spain Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Spain Vertical Farming Market, By Structure
- Italy
- Italy Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Italy Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Italy Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Italy Vertical Farming Market, By Structure
- BENELUX
- BENELUX Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- BENELUX Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- BENELUX Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- BENELUX Vertical Farming Market, By Structure
- Rest of Europe
- Rest Of Europe Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Rest Of Europe Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Rest Of Europe Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Rest Of Europe Vertical Farming Market, By Structure
- Germany
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Asia Pacific Vertical Farming Market - Segment Analysis
- Overview
- Asia Pacific Vertical Farming Market, 2016 - 2028 (USD Million)
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Asia Pacific Vertical Farming Market, by Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
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Asia Pacific Vertical Farming Market, by Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
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Asia Pacific Vertical Farming Market, by Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
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Asia Pacific Vertical Farming Market, by Country
- China
- China Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- China Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- China Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- China Vertical Farming Market, By Structure
- Japan
- Japan Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Japan Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Japan Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Japan Vertical Farming Market, By Structure
- India
- India Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- India Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- India Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- India Vertical Farming Market, By Structure
- South Korea
- South Korea Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- South Korea Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- South Korea Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- South Korea Vertical Farming Market, By Structure
- South East Asia
- South East Asia Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- South East Asia Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- South East Asia Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- South East Asia Vertical Farming Market, By Structure
- Rest of Asia Pacific
- Rest of Asia Pacific Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Rest of Asia Pacific Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Rest of Asia Pacific Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Rest of Asia Pacific Vertical Farming Market, By Structure
- China
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Latin America Vertical Farming Market - Segment Analysis
- Overview
- Latin America Vertical Farming Market, 2016 - 2028 (USD Million)
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Latin America Vertical Farming Market, by Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
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Latin America Vertical Farming Market, by Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
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Latin America Vertical Farming Market, by Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
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Latin America Vertical Farming Market, by Country
- Brazil
- Brazil Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Brazil Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Brazil Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Brazil Vertical Farming Market, By Structure
- Argentina
- Argentina Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Argentina Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Argentina Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Argentina Vertical Farming Market, By Structure
- Rest of Latin America
- Rest of Latin America Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Rest of Latin America Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Rest of Latin America Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Rest of Latin America Vertical Farming Market, By Structure
- Brazil
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Middle East & Africa Vertical Farming Market - Segment Analysis
- Overview
- Middle East & Africa Vertical Farming Market, 2016 - 2028 (USD Million)
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Middle East & Africa Vertical Farming Market, by Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
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Middle East & Africa Vertical Farming Market, by Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
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Middle East & Africa Vertical Farming Market, by Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
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Middle East & Africa Vertical Farming Market, by Country
- GCC Countries
- GCC Countries Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- GCC Countries Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- GCC Countries Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- GCC Countries Vertical Farming Market, By Structure
- South Africa
- South Africa Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- South Africa Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- South Africa Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- South Africa Vertical Farming Market, By Structure
- Rest of Middle East & Africa
- Rest of Middle East & Africa Vertical Farming Market, By Structure
- By Building-based Vertical Farms
- By Container-based Vertical Farms
- Rest of Middle East & Africa Vertical Farming Market, By Growth Mechanism
- By Hydroponics
- By Aeroponics
- By Aquaponics
- Rest of Middle East & Africa Vertical Farming Market, By Component
- By Irrigation Component
- By Lighting
- By Sensor
- By Climate Control
- By Building Material
- By Other Components
- Rest of Middle East & Africa Vertical Farming Market, By Structure
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 4D BIOS Inc. (China)
- Aero Farms (U.S.)
- Illumine Inc. (U.S.)
- American Hydroponics (U.S.)
- Everlight Electronics Co. Ltd. (Taiwan)
- Hort Americas (U.S.)
- Koninklijke Philips N.V (Netherlands)
- Urban Crop Solutions (U.S.)
- SKY GREENS (Singapore)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Vertical Farming in terms of revenue?
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The global Vertical Farming valued at USD 5.5 Billion in 2022 and is expected to reach USD 18.8 Billion in 2030 growing at a CAGR of 19.2%.
Which are the prominent players in the market?
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The prominent players in the market are 4D BIOS Inc. (China), Aero Farms (U.S.), Illumine Inc. (U.S.), American Hydroponics (U.S.), Everlight Electronics Co. Ltd. (Taiwan), Hort Americas (U.S.), Koninklijke Philips N.V (Netherlands), Urban Crop Solutions (U.S.), SKY GREENS (Singapore).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 19.2% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Vertical Farming include
- Optimum use of vertical space and balanced energy utilization
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Vertical Farming in 2022.