vertical farming marketGrowth,Revenue and Industry Analysis Report by 2027
The global Vertical Farming Market will be worth USD 11.71 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growing demand for organic food products among consumers. Growing environmental concerns such as the depletion of soil quality and groundwater on applications of chemical-based solutions have increased the vertical farming system's adoption. The reduction in the prices of the light-emitting diode (LED) and the technological advancement in the LEDs help in the growth of the vertical farming system.
The new report titled ‘Global vertical
farming market’, published by Emergen Research, is methodically curated by our
team of analysts, keeping readers’ understanding in mind, and includes a
wide-ranging database of industry distribution. The report takes a closer look
at the historical and current market scenarios to accurately predict the global
vertical farming marketoutlook over the forecast duration (2019-2027).
Researchers have taken a holistic approach towards the global market analysis
and highlighted the factors that influence the overall growth of the market.
know more about the vertical
farming marketreport, visit –https://www.emergenresearch.com/industry-report/vertical-farming-market
Covid impact analysis:
The latest report is updated with the impact analysis
of the current COVID-19 pandemic on the market. The rapidly changing dynamics
of the market and current and future growth potential of the market are covered
in the report. The report offers crucial information about the initial and
future assessment of the impact of the COVID-19 crisis on the overall market.
Key Highlights From The Report
- In March 2020, an expansion of collaboration between Signify and Planet Farms, an operator of vertical farms based in Italy, Europe. The collaboration is expected to boost the quality and yield of the crops with the help of the Philips GreenPower LED production.
- Shipping container-based vertical farms held the largest market share of 63.5% in 2019 due to the scarcity of the arable lands. Moreover, the ease of transportation and less requirement of land for the installation of the shipping container is expected to drive the growth of the segment.
- The hydroponics segment is forecasted to grow with the fastest CAGR of 20.2% over the forecast period due to the ease of operation and low installation cost.
Global vertical
farming marketMarket Highlights:
·
Regional
demand estimation and forecast
·
Product Mix
Matrix
·
R&D
Analysis
·
Cost-Benefit
Analysis
·
Pre-commodity
pricing volatility
·
Supply chain
optimization analysis
·
Technological
updates analysis
·
Raw Material
Sourcing Strategy
·
Competitive
Analysis
·
Mergers &
Acquisitions
·
Location
Quotients Analysis
·
Carbon
Footprint Analysis
·
Patent
Analysis
·
Vendor
Management
Get a
sample of the report @
Radical
Highlights of the vertical farming market Report:
·
Comprehensive overview of the vertical
farming marketalong with analysis of the changing dynamics of the market
·
Growth Assessment of various market
segments throughout the forecast period
·
Regional and global analysis of the
market players, including their market share and global position
·
Growth strategies adopted by key
market players to combat the impact of the COVID-19 pandemic on the
market
·
Impact of the technological developments
and R&D advancements on the vertical farming market
·
Information about profit-making
strategies and developmental strategies of major companies and manufacturers
Segmrntation:
Emergen Research has segmented the global Vertical Farming Market on the basis of Structure, Growth mechanisms, Offering, and region:
- Structure Outlook (Revenue, USD Billion; 2017-2027)
- Building-based
- Shipping-container
- Growth mechanisms Outlook (Revenue, USD Billion; 2017-2027)
- Aeroponics
- Hydroponics
- Aquaponics
- Offering Outlook (Revenue, USD Billion; 2017-2027)
- Climate Control
- Lighting
- Hydroponic Components
- Sensors
Key geographical areas:
The global vertical farming markethas been
categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin
America, and Middle East & Africa. It evaluates the
presence of the global vertical farming marketin the major regions with regards
to market share, market size, revenue contribution, sales network and distribution
channel, and other key elements.
About
Emergen Research
Emergen Research is a market research and consulting company
that provides syndicated research reports, customized research reports, and
consulting services. Our solutions purely focus on your purpose to locate,
target, and analyze consumer behavior shifts across demographics, across
industries, and help clients make smarter business decisions. We offer market
intelligence studies ensuring relevant and fact-based research across multiple
industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
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