Home » Food & Beverages » Vertical Farming Market Size, Share, Analysis Report
Vertical farming is an urban farming method where plant cultivation is carried out in multi storied building greenhouses using hydroponics or acquaponics growth mechanism. The vertical farming market will include those companies which are engaged in providing food by using vertical farming method and also the companies which provide various infrastructural services and equipment required for vertical farming. One of the main points is providing quality food with minimum use of pesticides is that these food products can be consumed by critically ill patients and by people having dermatological problems.
The report segments the global vertical farming market on the basis of functional device, growth mechanism and geography. The report also gives the detail vertical farming market by crop types with more emphasis on key vegetables and fruits produced in vertical farms.
Vertical Farming is the future of modern day agriculture which is completely done in indoor agriculture labs. The vertical Farming market is expected to cross USD 6 Billion by 2027.
How Vertical Farming is basically done?
Here plants are grown hydroponically, or without soil, nourished instead by the recycling of a nutrient-rich water solution. Some such farms rely on aeroponics, where the water solution is misted onto the plants’ roots. The farms are typically several stories tall, allowing for crops to be stacked in an enclosed space. Photosynthesis is brought about by artificial light, and sometimes augmented by natural light, like in a greenhouse.
The primary reason of adoption of vertical farming technology as it will help to increase the crop production without increasing additional land area. This method will not use traditional farming methods rather new cultivation methods are used like hydroponics or acquaponics. Hydroponics is most widely used for vertical farming.
The main driving factors for vertical farming are high quality of food with no use of pesticides and also no crop failures due to changing weather conditions.
The main players in the vertical farming are Green Sense Farms, Sky Greens, Indore Harvest Corporation,MoFlo Aeroponics and Everlight Electronics.
Who Should Buy this Report?
• Technology Providers
• Technology Investors
• Technology Standards Organizations
• Modern Agricultural Forums, Alliances, and Associations
• Government Agencies
• Venture Capitalists/Investors
• Private Firms
• Analysts and strategic business planners, and others.
Segmentation of this Report:
By Growth Mechanism
• Aeroponics
• Hydroponics
• Others
By Functional Mechanism
• Photosynthesis Process/Lighting
• Hydroponic Components
• Climate Control
• Sensors
By Geography
• North America
• Europe
• Asia-Pacific
• Rest of the World (ROW)
Below are our new reports:
1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Vertical Farming Market
4.2 Vertical Farming Market, By Offering
4.3 Vertical Farming Market, By Hardware
4.4 Vertical Farming Market, By Growth Mechanism
4.5 Vertical Farming Market, By Structure
4.6 Vertical Farming Market, By Geography
4.7 Vertical Farming Market, By Growth Mechanism and Region
4.8 Life Cycle Analysis, By Growth Mechanism
5 Market Overview
5.1 Introduction
5.2 Evolution of Vertical Farming
5.3 Market Segmentation
5.3.1 By Offering
5.3.2 By Structure
5.3.3 By Growth Mechanism
5.3.4 By Crop Type
5.3.5 By Geography
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Environment Friendly Production of Fresh Fruits and Vegetables With No Use of Pesticides
5.4.1.2 Reliable Production of Crops Irrespective of Climatic Change
5.4.1.3 Methods Conducive to the Environment
5.4.1.4 Increasing Urban Population
5.4.2 Restraints
5.4.2.1 High Initial Investments in Vertical Farming
5.4.2.2 Dearth of Technical Acumen
5.4.2.3 Limitations on the Variety of Crops Grown
5.4.3 Opportunities
5.4.3.1 Healthy Food for the Critically Ill and People With Dermatological Issues
5.4.3.2 Geographical Opportunities of Vertical Farming in the APAC Region
5.4.3.3 Production of Biopharmaceutical Products
5.4.4 Challenges
5.4.4.1 Vertical Farms on A Large Scale
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Power of Buyers
6.3.3 Threat of New Entrants
6.3.4 Threat of Substitutes
6.3.5 Intensity of Competitive Rivalry
7 Vertical Farming Market, By Growth Mechanism
7.1 Introduction
7.2 Aeroponics
7.3 Hydroponics
7.4 Aquaponics
8 Vertical Farming Market, By Structure
8.1 Introduction
8.2 Building-Based Vertical Farms
8.3 Shipping Container Vertical Farms
9 Vertical Farming Market
9.1 Introduction
9.2 Micro and Macro Economic Framework
9.2.1 Demand Analysis and Trends Involved
9.2.1.1 Increasing Per Capita Global GDP Over the Years
9.2.1.2 Increasing Urbanization Coupled With Rising Disposable Income Among the Consumers in the Developing Countries
9.2.1.3 Growing Health Consciousness Among Consumers
9.2.1.3.1 Increasing Demand of Organic Food
9.2.1.3.2 Growing Consumer Demand for Local Food
9.2.2 Supply Analysis and Trends Involved
9.2.2.1 Cost Competitive
9.2.2.2 Flexibility of Farm Location
9.2.2.3 Seasonality
9.2.2.4 Improvement of Food Supply Chain
9.2.3 Growing Overall Demand of Fruits and Vegetables
9.2.4 Leafy Green Vegetables in Vertical Farming
9.2.5 Strawberries in Vertical Farming
9.2.6 Global Vertical Farming Market, By Geography
9.2.7 Global Vertical Farming Market, By Crop Type
9.2.7.1 North America
9.2.7.2 Europe
9.2.7.3 Asia-Pacific
9.2.7.4 RoW
9.3 Market Trends
9.3.1 North America
9.3.1.1 Aerofarms LLC
9.3.1.2 Gotham Greens Farms LLC
9.3.1.3 Green Sense Farms LLC
9.3.2 Asia-Pacific
9.3.2.1 Sky Greens
9.3.2.2 Mirai Co., Ltd.
9.3.2.3 Scatil
9.3.3 Europe
9.3.3.1 Plantagon
9.3.3.2 Infarm GmbH
10 Vertical Farming Market, By Offering
10.1 Introduction
10.2 Lighting
10.2.1 Grow Lights
10.2.2 Grow Light Reflectors
10.2.3 Grow Light Ballasts
10.3 Hydroponics Components
10.3.1 Pumps & Irrigation
10.3.2 Meters & Solutions
10.3.3 Water Filtration
10.3.4 Others
10.4 Climate Control
10.4.1 Ventilation Fans
10.4.2 Air Purification/Control
10.4.3 Others
10.5 Sensors
10.5.1 Temperature Sensors
10.5.2 CO2 Sensors
10.5.3 Nutrient Sensor
10.5.4 PH Sensor
10.5.5 Crop Sensors
10.5.6 Others
11 Vertical Farming Market, By Region
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K.
11.3.2 France
11.3.3 Sweden
11.3.4 the Netherlands
11.3.5 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 Singapore
11.4.3 China
11.4.4 Taiwan
11.4.5 Rest of Asia-Pacific
11.5 Rest of the World
11.5.1 Middle East
11.5.2 Africa
11.5.3 South America
12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking for Vertical Farming Market, 2016
12.3 Competitive Scenario
12.4 Developments
12.4.1 Contracts and Partnerships
12.4.2 Expansions
12.4.3 New Product Developments
13 Company Profiles
13.1 Introduction
13.2 Koninklijke Philips N.V.
13.3 Aerofarms
13.4 Sky Greens
13.5 Illumitex, Inc.
13.6 Everlight Electronics Co., Ltd.
13.7 Green Sense Farms, LLC
13.8 Agrilution
13.9 American Hydroponics
13.10 Urban Crops
13.11 Vertical Farm Systems
Segmentation of this Report:
By Growth Mechanism
• Aeroponics
• Hydroponics
• Others
By Functional Mechanism
• Photosynthesis Process/Lighting
• Hydroponic Components
• Climate Control
• Sensors
By Geography
• North America
• Europe
• Asia-Pacific
• Rest of the World (ROW)
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