An international Vertical Farming market research report delivers wide-ranging analysis of the market structure along with forecast of the diverse segments and sub-segments of the market. When the report goes along with right tools and technology, it also helps tackle the uncertain challenges for the business. The report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East Africa. Vertical Farming market report also puts light on the various inhibitors as well as motivators of the product market in both quantitative and qualitative manner so that users get precise information.
For achieving a remarkable growth in the business, Vertical Farming market research report plays very vital role. This report lends a hand to recognize how the market is going to perform in the forecast years by giving information about market definition, classifications, applications, and engagements. Besides, market share analysis as well as key trend analysis is the key accomplishing factors in this market report. Furthermore, this business report gives explanation about the detailed market analysis with inputs from industry experts. By absolutely understanding client’s requirements at the fullest and following them strictly, Vertical Farming market research report has been structured.
Data Bridge Market Research analyses that the vertical farming market is expected to reach USD 32.74 billion by 2030, which was USD 4.60 billion in 2022, registering a CAGR of 27.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Overview:
Vertical farming is the process of producing vegetables in layers that are mainly piled vertically. The technique may employ aeroponic, hydroponic, or soil-growing techniques. Vertical farms try to produce food in tough situations, such as those where arable land is unavailable or few. It is a technique for increasing food in water without using soil and mineral nutrition solutions. The main benefits of this process are that it minimizes soil-related cultivation problems such as illnesses, soil-borne pests, and insects.
Some of the major players operating in the vertical farming market are:
- Deere and Company (U.S.)
- CropMetrics LLC (Netherlands)
- Trimble Navigation Limited (Australia)
- CropX (U.S.)
- AgSmarts Inc (India)
- AgSense, LLC (India)
- AGCO Corporation (Austria)
- DICKEY-john (U.K.)
- Monsanto Company (Mexico)
- Ag Leader Technology (U.S.)
- Farmers Edge (U.S.)
- GEOSYS (U.S.)
- Granular (U.S.)
- Gro Intelligence (U.S.)
- Proagrica (U.K.)
- Fasal (India)
- AGEYE Technologies (U.S.)
- HelioPas AI (Germany)
- OneSoil (Belarus)
Vertical Farming Market Regional Analysis/Insights :
The vertical farming market is analyzed and market size insights and trends are provided by country, growth mechanism, structure, type, application, offering, component and fruits, vegetables and herbs as referenced above.
The countries covered in the vertical farming market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the vertical farming market because of increasing population levels and augmented food demand within the region. Furthermore, the availability of labor at reasonable wages and the prevalence of enormous farmland areas will further increase the growth of the vertical farming market.
Europe is anticipated to be the fastest-growing region in the vertical farming market during the forecast period of 2023-2030 because of increasing technological advancements in this region. Moreover, the growing adoption of robotics and nanotechnology for farming are some other factors that will further increase the market growth,
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Vertical Farming Market
Chapter 3: Regional analysis of the Global Vertical Farming Market industry
Chapter 4: Vertical Farming Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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