The global Vertical Farming & Plant Factory market was valued at US$ 461.9 million in 2022 and is projected to reach US$ 1223.4 million by 2029, at a CAGR of 14.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Vertical Farming & Plant Factory market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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The China market for Global Vertical Farming & Plant Factory market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Vertical Farming & Plant Factory market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Prime agricultural land can be scarce and expensive. With worldwide population growth, the demand for both more food and more land to grow food is ever increasing. One solution to our need for more space is vertical farming, involves growing crops in controlled Vegetable Cultivation environments, with precise light, nutrients, and temperatures. In vertical farming, growing plants are stacked in layers that may reach several stories tall.
This report aims to provide a comprehensive presentation of the global market for Vertical Farming & Plant Factory, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vertical Farming & Plant Factory. This report contains market size and forecasts of Vertical Farming & Plant Factory in global, including the following market information:
Global Vertical Farming & Plant Factory Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Vertical Farming & Plant Factory Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Vertical Farming & Plant Factory companies in 2022 (%)
We surveyed the Vertical Farming & Plant Factory manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:
Global Vertical Farming & Plant Factory Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Vertical Farming & Plant Factory Market Segment Percentages, by Type, 2022 (%)
Lighting
Hydroponic Component
Climate Control
Sensors
Global Vertical Farming & Plant Factory Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Vertical Farming & Plant Factory Market Segment Percentages, by Application, 2022 (%)
Farms
Other
Global Vertical Farming & Plant Factory Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Vertical Farming & Plant Factory Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vertical Farming & Plant Factory revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Vertical Farming & Plant Factory revenues share in global market, 2022 (%)
Key companies Vertical Farming & Plant Factory sales in global market, 2018-2023 (Estimated), (Units)
Key companies Vertical Farming & Plant Factory sales share in global market, 2022 (%)
key players include:
AeroFarms
Aizufujikako Co., Ltd.
Everlight Electronics
Genesis Photonics(GPI)
Gotham Greens
Granpa Co., Ltd.
Hon Hai
Hydrofarm
Inventec
Iwasaki Electric
JGC
Jingpeng Solar Powered Plant Factory
Natural Vitality
Nihon Advanced Agri Corporation
Ozu Corporation
Philips Horticulture Lamps
Rambridge
Ringdale ActiveLED
Rockwool Group
Ryobi Holdings
Chapter 1: Introduces the definition of Vertical Farming & Plant Factory, market overview.
Chapter 2: Global Vertical Farming & Plant Factory market size in revenue and volume.
Chapter 3: Detailed analysis of Vertical Farming & Plant Factory manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vertical Farming & Plant Factory in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Vertical Farming & Plant Factory capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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