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Vertical Farming Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : Oct 2023

Report ID: ARC222

Pages : 250

Format : Vertical Farming Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

CHAPTER 1. Industry Overview of Vertical Farming Market

1.1. Definition and Scope

1.1.1. Definition of Vertical Farming

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Vertical Farming Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Vertical Farming Market By Growing Mechanism/Channel

1.2.3. Vertical Farming Market By Growing Platform

1.2.4. Vertical Farming Market By Crop Type

1.2.5. Vertical Farming Market By Hardware Components

1.2.6. Vertical Farming Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Vertical Farming Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Vertical Farming Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Cost Structure Analysis

3.8.1. Price Trend of Key Raw Materials

3.8.2. Raw Material Suppliers

3.8.3. Proportion of Manufacturing Cost Structure

3.8.3.1. Raw Material

3.8.3.2. Labor Cost

3.8.3.3. Manufacturing Expense

3.9. Regulatory Compliance

3.10. Competitive Landscape, 2022

3.10.1. Player Positioning Analysis

3.10.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Manufacturing Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022

4.2. R&D Status of Major Manufacturers in 2022

CHAPTER 5. Vertical Farming Market By Growing Mechanism/Channel

5.1. Introduction

5.2. Vertical Farming Revenue By Growing Mechanism/Channel

5.2.1. Vertical Farming Revenue (USD Billion) and Forecast, By Growing Mechanism/Channel, 2020-2032

5.2.2. Hydroponics

5.2.2.1. Hydroponics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Aeroponics

5.2.3.1. Aeroponics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4. Aquaponics

5.2.4.1. Aquaponics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 6. Vertical Farming Market By Growing Platform

6.1. Introduction

6.2. Vertical Farming Revenue By Growing Platform

6.2.1. Vertical Farming Revenue (USD Billion) and Forecast, By Growing Platform, 2020-2032

6.2.2. Shipping Containers

6.2.2.1. Shipping Containers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3. Buildings

6.2.3.1. Buildings Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 7. Vertical Farming Market By Crop Type

7.1. Introduction

7.2. Vertical Farming Revenue By Crop Type

7.2.1. Vertical Farming Revenue (USD Billion) and Forecast, By Crop Type, 2020-2032

7.2.2. Greens

7.2.2.1. Greens Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.3. Vine Crops

7.2.3.1. Vine Crops Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.4. Fruits and Flowers

7.2.4.1. Fruits and Flowers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.5. Herbs

7.2.5.1. Herbs Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.6. Strawberry

7.2.6.1. Strawberry Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.7. Cannabis

7.2.7.1. Cannabis Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.8. Tomatoes

7.2.8.1. Tomatoes Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.9. Others

7.2.9.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 8. Vertical Farming Market By Hardware Components

8.1. Introduction

8.2. Vertical Farming Revenue By Hardware Components

8.2.1. Vertical Farming Revenue (USD Billion) and Forecast, By Hardware Components, 2020-2032

8.2.2. Lighting Devices

8.2.2.1. Lighting Devices Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.3. Sensor

8.2.3.1. Sensor Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.4. Climate Control

8.2.4.1. Climate Control Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.5. Irrigation

8.2.5.1. Irrigation Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.6. Others

8.2.6.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 9. North America Vertical Farming Market By Country 

9.1. North America Vertical Farming Market Overview

9.2. U.S.

9.2.1. U.S. Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

9.2.2. U.S. Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

9.2.3. U.S. Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

9.2.4. U.S. Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

9.3. Canada

9.3.1. Canada Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

9.3.2. Canada Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

9.3.3. Canada Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

9.3.4. Canada Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

9.4. North America PEST Analysis

CHAPTER 10. Europe Vertical Farming Market By Country

10.1. Europe Vertical Farming Market Overview

10.2. U.K.

10.2.1. U.K. Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

10.2.2. U.K. Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

10.2.3. U.K. Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

10.2.4. U.K. Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

10.3. Germany

10.3.1. Germany Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

10.3.2. Germany Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

10.3.3. Germany Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

10.3.4. Germany Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

10.4. France

10.4.1. France Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

10.4.2. France Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

10.4.3. France Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

10.4.4. France Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

10.5. Spain

10.5.1. Spain Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

10.5.2. Spain Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

10.5.3. Spain Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

10.5.4. Spain Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

10.6. Rest of Europe

10.6.1. Rest of Europe Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

10.6.2. Rest of Europe Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

10.6.3. Rest of Europe Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

10.6.4. Rest of Europe Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

10.7. Europe PEST Analysis

CHAPTER 11. Asia Pacific Vertical Farming Market By Country

11.1. Asia Pacific Vertical Farming Market Overview

11.2. China

11.2.1. China Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

11.2.2. China Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

11.2.3. China Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

11.2.4. China Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

11.3. Japan

11.3.1. Japan Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

11.3.2. Japan Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

11.3.3. Japan Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

11.3.4. Japan Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

11.4. India

11.4.1. India Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

11.4.2. India Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

11.4.3. India Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

11.4.4. India Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

11.5. Australia

11.5.1. Australia Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

11.5.2. Australia Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

11.5.3. Australia Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

11.5.4. Australia Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

11.6. South Korea

11.6.1. South Korea Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

11.6.2. South Korea Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

11.6.3. South Korea Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

11.6.4. South Korea Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

11.7. Rest of Asia-Pacific

11.7.1. Rest of Asia-Pacific Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

11.7.2. Rest of Asia-Pacific Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

11.7.3. Rest of Asia-Pacific Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

11.7.4. Rest of Asia-Pacific Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

11.8. Asia Pacific PEST Analysis

CHAPTER 12. Latin America Vertical Farming Market By Country

12.1. Latin America Vertical Farming Market Overview

12.2. Brazil

12.2.1. Brazil Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

12.2.2. Brazil Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

12.2.3. Brazil Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

12.2.4. Brazil Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

12.3. Mexico

12.3.1. Mexico Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

12.3.2. Mexico Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

12.3.3. Mexico Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

12.3.4. Mexico Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

12.4. Rest of Latin America

12.4.1. Rest of Latin America Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

12.4.2. Rest of Latin America Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

12.4.3. Rest of Latin America Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

12.4.4. Rest of Latin America Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

12.5. Latin America PEST Analysis

CHAPTER 13. Middle East & Africa Vertical Farming Market By Country 

13.1. Middle East & Africa Vertical Farming Market Overview

13.2. GCC

13.2.1. GCC Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

13.2.2. GCC Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

13.2.3. GCC Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

13.2.4. GCC Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

13.3. South Africa

13.3.1. South Africa Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

13.3.2. South Africa Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

13.3.3. South Africa Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

13.3.4. South Africa Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

13.4. Rest of Middle East & Africa

13.4.1. Rest of Middle East & Africa Vertical Farming Revenue (USD Billion) and Forecast By Growing Mechanism/Channel, 2020-2032

13.4.2. Rest of Middle East & Africa Vertical Farming Revenue (USD Billion) and Forecast By Growing Platform, 2020-2032

13.4.3. Rest of Middle East & Africa Vertical Farming Revenue (USD Billion) and Forecast By Crop Type, 2020-2032

13.4.4. Rest of Middle East & Africa Vertical Farming Revenue (USD Billion) and Forecast By Hardware Components, 2020-2032

13.5. Middle East & Africa PEST Analysis

CHAPTER 14. Player Analysis Of Vertical Farming Market

14.1. Vertical Farming Market Company Share Analysis

14.2. Competition Matrix

14.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

14.2.2. New Product Launches and Product Enhancements

14.2.3. Mergers And Acquisition In Global Vertical Farming Market

14.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 15. Company Profile

15.1. Agrilution GmbH

15.1.1. Company Snapshot

15.1.2. Business Overview

15.1.3. Financial Overview

15.1.3.1. Revenue (USD Billion), 2022

15.1.3.2. Agrilution GmbH 2022 Vertical Farming Business Regional Distribution

15.1.4. Product /Service and Specification

15.1.5. Recent Developments & Business Strategy

15.2. AeroFarms

15.3. Everlight Electronics Co., Ltd

15.4. Brigth Farms

15.5. Green Sense Farms, LLC

15.6. AMHYDRO (American Hydroponics)

15.7. Vertical Farm Systems

15.8. Illumitex Inc

15.9. 4D Bios Inc.

15.10. Urban Crop Solutions

Frequently Asked Questions

How big is the vertical farming market?

The vertical farming market size was USD 4,250 Million in 2022.

What is the CAGR of the global vertical farming market from 2023 to 2032?

The CAGR of vertical farming is 26.1% during the analysis period of 2023 to 2032.

Which are the key players in the vertical farming market?

The key players operating in the global market are including Agrilution GmbH, AeroFarms, Everlight Electronics Co., Ltd, Brigth Farms, Green Sense Farms, LLC, AMHYDRO (American Hydroponics), Vertical Farm Systems, Illumitex Inc, 4D Bios Inc., and Urban Crop Solutions.

Which region dominated the global vertical farming market share?

North America held the dominating position in vertical farming industry during the analysis period of 2023 to 2032.

Which region registered fastest CAGR from 2023 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of vertical farming during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global vertical farming industry?

The current trends and dynamics in the vertical farming industry include high yield compared to conventional farming is tied to vertical farming, advancement in lighting technologies in farming, significantly raise the popularity of organic vegetables, and optimum utilization of vertical space & balanced energy utilization.

Which growing mechanism/channel held the maximum share in 2022?

The hydrophonics growing mechanism/channel held the maximum share of the vertical farming industry.

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