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Rising awareness for vertical farming: In recent years, the agriculture sector has seen a notable movement in favour of creative and sustainable farming techniques. One such technique that has attracted a lot of interest is vertical farming. Vertical farming is crucial for the future of agriculture because it presents a viable way to meet the world's expanding food demand while addressing issues with climate change, water use, and land scarcity. Although it is a relatively recent development in urban agriculture, vertical farming has been practised for a long time. Compared to traditional farming, vertical farms have demonstrated that it is possible to feed the world's expanding population in a more environmentally conscious and sustainable way. Additionally, continuous year-round production and enhanced overall yield are provided by vertical farming. Vertical farms make yearly food production possible since they are not as reliant on climate or weather.
High investment: The high cost of vertical farming setup hinders market growth. Installing a vertical farm rack technology costs about $1,000 per square metre, including setup and activation. The precise cost will vary depending on the size of the farm overall, building constraints, and whether other equipment is required. The cost of electricity also has a significant impact on the growth of the vertical farming market.
Increased demand for food production: The world's population has increased dramatically in the last century, and by 2030 and 2050, this trend is predicted to continue. A world population this size will eventually need more food and water. There are worries over whether the world's land mass will be adequate to support its expanding population by then, even if agricultural expansion has exceeded population growth. With an emphasis on emerging nations in particular, food security is a pertinent and significant concern for many of them. More inputs, such as land, water, or energy—or a combination—will be required for increased food production. Consequently, the need for sustainable farming practices in the agriculture sector will rise due to the required food production. The year-round production of crops made possible by vertical farming will contribute to the growth of such crops.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Structure Type
4.3.2. Market Attractiveness Analysis by Growth Type
4.3.3. Market Attractiveness Analysis by Component
4.3.4. Market Attractiveness Analysis by Crop
4.3.5. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing awareness for vertical farming
5.3. Restraints
5.3.1. High cost of setup
5.4. Opportunities
5.4.1. Increasing investment in sustainable farming practices
5.5. Challenges
5.5.1. Requirement of skilled professionals
6. Global Vertical Farming Market Analysis and Forecast, By Structure Type
6.1. Segment Overview
6.2. Shipping Container-Based
6.3. Building-Based
7. Global Vertical Farming Market Analysis and Forecast, By Growth Type
7.1. Segment Overview
7.2. Aeroponics
7.3. Hydroponics
7.4. Aquaponics
8. Global Vertical Farming Market Analysis and Forecast, By Component
8.1. Segment Overview
8.2. Software
8.3. Services
8.3.1. Managed Services
8.3.2. System Counseling and Integration
8.3.3. Assisted Professional Services
8.4. Hardware
8.4.1. Climate Control
8.4.2. Sensors
8.4.3. Lighting
8.4.4. Hydroponic Components
9. Global Vertical Farming Market Analysis and Forecast, By Crop
9.1. Segment Overview
9.2. Pepper
9.3. Lettuce
9.4. Cucumber
9.5. Strawberry
9.6. Bell and Chili Peppers
9.7. Tomato
9.8. Spinach
9.9. Herbs
9.10. Kale
9.11. Others
10. Global Vertical Farming Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Vertical Farming Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in the Vertical Farming Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Aerofarm
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Agrilution GmbH
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Brightfarms Inc.
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Freight Farms
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Everlight Electronics Co., Ltd
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. GrowUp Urban Farms Ltd.
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Vertical Farm Systems
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Green Sense Farms, LLC
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
List of Table
1. Global Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
2. Global Shipping Container-Based, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
3. Global Building-Based, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
4. Global Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
5. Global Aeroponics, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
6. Global Hydroponics, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
7. Global Aquaponics, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
8. Global Vertical Farming Market, By Component, 2019-2032 (USD Billion)
9. Global Software, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
10. Global Services, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
11. Global Hardware, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
12. Global Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
13. Global Pepper, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
14. Global Lettuce, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
15. Global Cucumber, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
16. Global Strawberry, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
17. Global Bell and Chili Peppers, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
18. Global Tomato, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
19. Global Spinach, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
20. Global Herbs, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
21. Global Kale, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
22. Global Others, Vertical Farming Market, By Region, 2019-2032 (USD Billion)
23. Global Vertical Farming Market, By Region, 2019-2032 (USD Billion)
24. North America Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
25. North America Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
26. North America Vertical Farming Market, By Component, 2019-2032 (USD Billion)
27. North America Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
28. U.S. Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
29. U.S. Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
30. U.S. Vertical Farming Market, By Component, 2019-2032 (USD Billion)
31. U.S. Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
32. Canada Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
33. Canada Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
34. Canada Vertical Farming Market, By Component, 2019-2032 (USD Billion)
35. Canada Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
36. Mexico Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
37. Mexico Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
38. Mexico Vertical Farming Market, By Component, 2019-2032 (USD Billion)
39. Mexico Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
40. Europe Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
41. Europe Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
42. Europe Vertical Farming Market, By Component, 2019-2032 (USD Billion)
43. Europe Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
44. Germany Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
45. Germany Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
46. Germany Vertical Farming Market, By Component, 2019-2032 (USD Billion)
47. Germany Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
48. France Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
49. France Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
50. France Vertical Farming Market, By Component, 2019-2032 (USD Billion)
51. France Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
52. U.K. Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
53. U.K. Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
54. U.K. Vertical Farming Market, By Component, 2019-2032 (USD Billion)
55. U.K. Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
56. Italy Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
57. Italy Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
58. Italy Vertical Farming Market, By Component, 2019-2032 (USD Billion)
59. Italy Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
60. Spain Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
61. Spain Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
62. Spain Vertical Farming Market, By Component, 2019-2032 (USD Billion)
63. Spain Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
64. Asia Pacific Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
65. Asia Pacific Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
66. Asia Pacific Vertical Farming Market, By Component, 2019-2032 (USD Billion)
67. Asia Pacific Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
68. Japan Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
69. Japan Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
70. Japan Vertical Farming Market, By Component, 2019-2032 (USD Billion)
71. Japan Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
72. China Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
73. China Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
74. China Vertical Farming Market, By Component, 2019-2032 (USD Billion)
75. China Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
76. India Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
77. India Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
78. India Vertical Farming Market, By Component, 2019-2032 (USD Billion)
79. India Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
80. South America Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
81. South America Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
82. South America Vertical Farming Market, By Component, 2019-2032 (USD Billion)
83. South America Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
84. Brazil Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
85. Brazil Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
86. Brazil Vertical Farming Market, By Component, 2019-2032 (USD Billion)
87. BrazilVertical Farming Market, By Crop, 2019-2032 (USD Billion)
88. Middle East and Africa Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
89. Middle East and Africa Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
90. Middle East and Africa Vertical Farming Market, By Component, 2019-2032 (USD Billion)
91. Middle East and Africa Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
92. UAE Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
93. UAE Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
94. UAE Vertical Farming Market, By Component, 2019-2032 (USD Billion)
95. UAE Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
96. South Africa Vertical Farming Market, By Structure Type, 2019-2032 (USD Billion)
97. South Africa Vertical Farming Market, By Growth Type, 2019-2032 (USD Billion)
98. South Africa Vertical Farming Market, By Component, 2019-2032 (USD Billion)
99. South Africa Vertical Farming Market, By Crop, 2019-2032 (USD Billion)
List of Figures
1. Global Vertical Farming Market Segmentation
2. Vertical Farming Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Vertical Farming Market Attractiveness Analysis by Structure Type
9. Global Vertical Farming Market Attractiveness Analysis by Growth Type
10. Global Vertical Farming Market Attractiveness Analysis by Component
11. Global Vertical Farming Market Attractiveness Analysis by Crop
12. Global Vertical Farming Market Attractiveness Analysis by Region
13. Global Vertical Farming Market: Dynamics
14. Global Vertical Farming Market Share by Structure Type (2022 & 2032)
15. Global Vertical Farming Market Share by Growth Type (2022 & 2032)
16. Global Vertical Farming Market Share by Component (2022 & 2032)
17. Global Vertical Farming Market Share by Crop (2022 & 2032)
18. Global Vertical Farming Market Share by Regions (2022 & 2032)
19. Global Vertical Farming Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global vertical farming market based on below mentioned segments:
Global Vertical Farming Market by Structure Type:
Global Vertical Farming Market by Growth Type:
Global Vertical Farming Market by Component:
Global Vertical Farming Market by Crop:
Global Vertical Farming Market by Region:
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The data procurement stage involves in data gathering and collecting through various data sources.
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