The global vertical farming market is estimated to garner a revenue of ~USD 34 billion by the end of 2033 by growing at a CAGR of ~26% over the forecast period, i.e., 2023 – 2033.
Vertical farming is the practice of growing crops in vertically stacked layers. It often incorporates controlled-environment agriculture, which aims to optimize plant growth, and soilless farming techniques such as hydroponics, aquaponics, and aeroponics. Some common choices of structures to house vertical farming systems include buildings, shipping containers, tunnels, and abandoned mine shafts. Furthermore, the growing depletion of groundwater and changing climatic conditions have urged traditional growers to adopt alternate farming methods. Increasing consumer concerns about health and the abovementioned factors are likely to elevate the industry demand.
The vertical farming market is expected to grow from US$ 4,300.2 million in 2021 to US$ 19,864.8 million by 2028; it is estimated to grow at a CAGR of 24.4% from 2021 to 2028.
Vertical Farming Market research report is liable to deliver a robust overview of the worldwide industry developments. Its main vision is to offer clients and interested individuals a realistic evaluation of the company and meanwhile, support them in generating highly strategic plans.
Global Market Estimates is a market research and business consulting company who has proven track record in serving Fortune 500 companies. Request for a sample copy of the ‘Vertical Farming’ Market report@: https://www.globalmarketestimates.com/vertical-farming-market/
The report provides a basic overview of the industry including definitions, market status and industry chain structure. The vertical farming market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status.
Vertical Farming Market by Growth Mechanism (Hydroponics, Aeroponics, and Aquaponics), Structure (Building Based and Shipping Container), Offering (Hardware, Software, and Service), Crop Type, and Geography
Vertical Farming Market by Growth Mechanism (Hydroponics, Aeroponics, and Aquaponics), Structure (Building Based and Shipping Container), Offering (Hardware, Software, and Service), Crop Type, and Geography
Vertical farming is the practice of growing crops in vertically stacked layers. It often incorporates controlled-environment agriculture, which aims to optimize plant growth, and soilless farming techniques such as hydroponics, aquaponics, and aeroponics. The market for vertical farming worldwide is expected to reach USD 13,768 million by 2028, recording a CAGR of 20.7% over the forecast period.
Global indoor farming technology market size is expected to reach $60.07 Bn by 2028 at a rate of 12.5%, segmented as by crop type, fruits and vegetables, flowers and ornamentals, herbs and microgreens
Global Vertical Farming Market size is expected to reach $6.3 billion by 2023, rising at a market growth of 20.6% CAGR during the forecast period Full report: http://kbvresearch.com/vertical-farming-market/
The Vertical Farming market is expected to grow at a CAGR of 25% during the forecast period i.e. 2018-2023. The vertical farming has transform the modern agricultural practice with its modern automation to produce the good quality of nutritious food while reducing the cost and consumption of harmful chemicals products.
DecisionDatabases.com adds a report on Global Vertical Farming Market Growth 2019-2024. This research study is segmented on the bases of applications, technology and geography. Report Link - https://www.decisiondatabases.com/ip/43389-vertical-farming-market-analysis-report
The Global Vertical Farming Crop Market Research report was compiled after careful observation and analysis of numerous elements that influence regional growth, including the region’s economic, environmental, social, technological, and political conditions.
More Information @ http://bit.ly/2qzBPxJ The global vertical farming market in terms of technology is segmented into hydroponics, aeroponics and aquaponics. Across different regions, Growing crops through hydroponics technology in vertical farming market is predominant and accounted for more than 50% share in 2016. The economics of growing crops through hydroponic mechanism is its key driver for vertical farming market expansion.
The global Vertical Farming and Plant Factory market was valued at 370.7 million in 2020 and is projected to reach US$ 863.6 million by 2027, at a CAGR of 23.5% during the forecast period.
More Information @ http://bit.ly/2qzBPxJ The global vertical farming market in terms of technology is segmented into hydroponics, aeroponics and aquaponics. Across different regions, Growing crops through hydroponics technology in vertical farming market is predominant and accounted for more than 50% share in 2016. The economics of growing crops through hydroponic mechanism is its key driver for vertical farming market expansion.
The Global Vertical Farming Market is likely to reach $XX million by 2028, with a CAGR of 23.1% from $XX million in 2021 during the forecast period 2022-2028.
The Global Vertical Farming, Plant Factory market size will be million in 2022, from the million in 2016, with a CAGR (Compound Annual Growth Rate) from 2016 to 2022. https://www.bharatbook.com/agriculture-market-research-reports-892249/global-top-countries-vertical-farming-plant-factory.html
The Global And China Vertical Farming Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Vertical Farming industry.
Vertical farming is a high-tech solution of controlled-environment agriculture. Vertical Farming is the practice of growing food in vertical stacked layers, vertically inclined surfaces or integrated in other structures. It is an emerging trend in urban agriculture.
This report focuses on the Vertical Farming, Plant Factory in Global market, especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
According to report the report, the global vertical farming and plant factory market was valued at USD xxx billion in 2021, and it is expected to reach USD xx billion by 2030 at a CAGR of xx% from 2021 to 2030
More Information @ https://goo.gl/Lqady3 Vertical farming industry has been establishing its footprint at the top-notch as well as the grass root level. The number of vertical farms have been increasing exponentially across the globe, subject to the numerous advantages of this farming technique, such as disease restriction, water conservation, reduction in the usage of pesticides and herbicides, and elimination of post harvesting processing.
Request Sample of Report @ https://bit.ly/2E3nmST Asia Pacific shows the highest growth rate of about 30% in vertical farming market from 2018 to 2024. The product market has been popular in southeast Asia for the regional difficulties such as land scarcity and high food imports. According to a report by the United Nations, Department of Economic and Social Affairs, the number of cities with 500,000 inhabitants or more is expected to grow by 30% in Asia by 2030.
This report focuses on the global Dairy Farm Management Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Dairy Farm Management Software development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
Anti-Drone Market Size forecast to 2024. The global Anti-Drone Market is projected to reach $2,276 million by 2024, at a CAGR of 28.8%, according to a new report by MarketsandMarkets™ INC.
The Global Indoor Farming Technology Market is expected to continue to grow in the coming years as farmers and investors recognize its potential benefits in terms of sustainability, food security, and economic growth.
The indoor farming industry is gaining popularity due to the increasing demand for fresh, locally sourced produce and the need for more sustainable farming practices. Additionally, this technology is ideal for urban areas where land availability for traditional farming is limited.
To Get sample Brochure now@ http://tinyurl.com/jkeg6yn Dosing Systems Market provides top-line qualitative and quantitative summary information including: market share, market size (value, and forecast to 2020). The guide also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
This report focuses on the Vertical Farming in North America market, especially in United States, Canada and Mexico. This report categorizes the market based on manufacturers, countries, type and application.
Global Vertical Farming Market by Manufacturers, Regions, Type and Application, Forecast to 2021 is a professional and in-depth study on the current state of the Vertical Farming industry. The Vertical Farming market analysis is provided for the international market including development history, competitive landscape analysis, and major regions development status.See full Report @ https://goo.gl/rjmJoc
The global indoor farming robots market size is expected to grow at a significant CAGR of over 22% during the forecast period 2021 to 2027. The increasing demand for organic food across the globe is a primary factor to drive the market growth. The rising adoption of indoor vertical farming is other factor to drive the market. Furthermore, technological advancement in agriculture robotics automation is projected to propel the market over the forecast period. Agriculture automation, growing population, and labor shortage is encouraging the farming robots market. However, high cost for indoor farming robots and timely maintenance are some factors to restrain the market over the forecast period.
Smart faming is defined as application of one or more than one technology in the farming process to gain more efficiency and effectiveness. It is the advanced and innovative way of doing farming to get the maximum output and to reduce the human efforts. Advance technology includes usage of hardware, service and software to the process of farming. The technology includes irrigation management, scouting of crops, harvesting, seeding and many more.
The Sky Greens patented vertical farming system consist of rotating tiers of growing troughs mounted on an A-shape aluminum frame. The frame comes in three different sizes - 3, 6, and 9 meters in height- and has the ability to house 38 tiers of growing troughs, which can accommodate the other growing mediums of soil or hydroponics. With Sky Greens patented vertical farming systems, we have the ability to grow a vast majority of our required fruits and vegetables locally, limiting the need for importation.
For global markets, the Market analysis is supplied, along with information on development trends, competitive landscape analysis, and the state of development of major regions. According to straits research the Indoor Farming Market Market will grow at a CAGR of 7.3% during the forecast period.
The organic farming market is expected to grow with a CAGR of approximately 15%. Among the various regions, North America’s contribution in organic market will account to 51%.
According to the Market Statsville Group (MSG), the global 5G Smart Farming Market size is predicted to grow at a CAGR of 10.1% from 2023 to 2033. The 5G Smart Farming market is witnessing rapid growth, revolutionizing the agricultural sector. With 5G’s high-speed connectivity and low latency, farms can deploy advanced technologies like IoT sensors, drones, and autonomous machinery
Indoor Farming Technology Market size is estimated to reach $134.51 billion by 2025 and is poised to grow at a CAGR of 2.95% during the forecast period 2020-2025. Indoor farming technology is a way to grow crops or plants in indoors using various techniques. Indoor farming technology can be used commercially and at home on a small and large scale. This technology is being used to grow fruits & vegetables, herbs & microgreens flowers & ornamentals. The glass or poly greenhouses, container farms, indoor vertical farms and indoor deep-water culture (DWC) systems are the facility type of indoor farming technology market. The increase in demand for fresh foods with high nutritive value, need for higher yields using limited space and water has led to the growth of indoor farming technology market. One of the major factors driving the growth of market is the lesser impact of changing weather conditions.