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| Report Code: A07198 | Sep 2020 | Pages: 240 | ||
| Tables: 80 | Charts: 45 |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Vertical Farming Crops Market
Request Now !According to the global vertical farming crops market report, the market was valued at $212.4 million in 2019, and is projected to reach $1,384.6 million by 2027, registering a CAGR of 26.2%. In 2019, the hydroponics segment accounted for the highest market share in the global vertical farming crops market. Vertical farming refers to type of indoor agriculture wherein the plants are produced in vertical layers. They could also be stacked horizontally or in three-dimensional configurations. Some of the plants grown through vertical farming include vining plants, leafy greens, herbs, and specialty produce.
The essential nutrients in fruits and vegetables are reduced to a considerable extent during import and export. In addition, majority of this conventionally grown produce is sprayed with pesticides and fungicides. These factors drive the consumers’ inclination toward locally grown produce. Furthermore, due to increased focus toward health consciousness, the demand for pesticide-free food products, by consumers globally, has risen radically, which is one of the most crucial factors that propels the demand for vertically farmed crops, since they are cultivated with extreme hygiene, are pesticide-free, and delivered for direct retail within hours of harvest. Moreover, with the advancement in technologies and the use of Internet of Things (IoT), crops grown through vertical farming are uninterruptedly tracked for optimum nutrition and growth as well as reduced human intervention. Most significantly, vertically farmed crops enable to meet the year-round demand for crops since they are resistant from outside environmental alterations, interventions, and hence can be cultivated numerous times yearly. These factors cumulatively drive the demand for global vertical farming crops market. However, cultivating crops through vertical farming incurs high investment since it requires skilled workforce, LED lights, water and nutrient reservoir, irrigation system, and other related technological and building costs. These factors can potentially hinder the growth of the market.
One of the most significant impact of the pandemic was on the global economy and subsequent shrinking of the GDP in global economies. This factor is largely accountable for the change in consuming spending behavior. Owing to this factor, the demand for vertical farming produce was affected since the price of conventionally grown foods is comparatively lower. Consumers preference and attitude towards spending reflected in their buying behavior and hence negatively impacted the market. Furthermore, the supply chain was interrupted owing to the reduction in skilled workforce and restrictions on manufacturing operations. This in addition generated shortage in key mechanisms required for automotive manufacturing. Ultimately, the decline in cultivation output as a consequence of labor and raw materials shortage and partial operations led to a decline in the vertical farming crops market.
On the contrary, well established, existing players in the industry can anticipate to see higher traction in the market soon after the lockdown and other restrictions ease. Consumers will certainly opt for food products that add value to their healthy lifestyle and help them to maintain immunity
The vertical farming crops market analysis is segmented on the basis of crop type, end user, farming technique, and region. Based on crop type, the market is categorized into tomato, leafy greens, herbs, and others. By end user, the market is bifurcated into direct retail and food service. By farming technique, the market is classified into hydroponics, aeroponics, and aquaponics. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of crop type, the leafy green crop category was the dominant segment in 2019 with 50.6% market share as they offer the highest harvestable yield in vertical farming, can be produced within a shorter span of time (weeks), and are hence economically viable. For instance, crops like lettuce, grow within 3 to 5 weeks on average and almost an entire plant can be sold and thereby offers high harvestable yield. These factors enable to offer a more reliable and uniform produce. However, the other crops segment is anticipated to grow at a faster rate during the vertical farming crops market forecast period, owing to rise in demand for vegetable produce such as pepper, cucumber, strawberries, and others. Furthermore, high demand for specialty produce from high-end restaurant chefs, such as edible flowers, further drives the segment growth.
On the basis of end user, the direct retail category was the dominant vertical farming crops market segment in 2019 with 66.4% market share as majority of the companies have an ultra-short supply chain and deliver the produce almost regularly to local retailers including Walmart and Whole Foods Market. However, the food service segment is expected to grow at a higher CAGR during the forecast period, owing to factors such as increase in demand especially for year-round crops and specialty plants from local restaurants and cafes, food distributors, and small growers.
On the basis of farming technique, the hydroponics segment accounted for the maximum vertical farming crops market share in 2019, as it is the most widely used farming technique, which is easier to setup, costs less, and offers faster returns on investment. However, the aeroponics segment is expected to grow at a higher CAGR during the forecast period as it is an advanced farming technique that uses no growing medium unlike its counterpart, hydroponics. Crops grown through aeroponics grow faster and are less prone to diseases.
On the basis of region, North America was the prominent region for in 2019. The vertical farming crops market growth is attributed to factors such as alarming rate of water level depletion, presence of drought-stricken states, and increase in environmental concerns. Most of the top players producing highest vertical farming crops market are located in the region, they include Aerofarms, Plenty, BrightFarms, and Gotham Greens, among others. However, Asia-Pacific is expected to witness a significant CAGR during the forecast period. Asian governments have been promoting crop cultivation through urban farming by providing subsidies and national policy initiatives. Several Asian countries have organizations whose objective is to encourage city agriculturalists with the ability to grow locally for sustainable food production. In addition, countries such as Singapore, Thailand, Malaysia, among others, are one of the top fresh produce importing countries. This factor makes these Asian countries highly vulnerable to food price fluctuations and dependency on imports. Hence, the development and growth of vertical farming crops market is expected to witness significant growth during the forecast period.
The key players operating in the global vertical farming crops market include AeroFarms, PlantLab, Spread Co., Bowery Farming, InFarm, Plenty, Gotham Greens, AgriCool, CropOne, and Green Spirits Farm.
Key Benefits For Stakeholders
Vertical Farming Crops Market Report Highlights
| Aspects | Details |
|---|---|
| By Crop Type |
|
| By End User |
|
| By Farming Technique |
|
| By Region |
|
| Key Market Players | PLENTY UNLIMITED INC., BADIA FARMS, SKY URBAN SOLUTIONS HOLDING PTE LTD, BRIGHTFARMS, BOWERY FARMING INC., GOTHAM GREENS, INFARM GmbH, FARM.ONE, INC., AGRICOOL, AEROFARMS LLC |
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key market benefits for stakeholders
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.1.1.Top investment pocket
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Porter's five forces analysis
3.2.1.Bargaining power of suppliers
3.2.2.Bargaining power of buyers
3.2.3.Threat of new entrants
3.2.4.Threat of substitute
3.2.5.Intensity of competitive rivalry
3.3.Market dynamics snapshot
3.3.1.Drivers
3.3.1.1.Rise in demand for fresh, pesticide free, and locally grown produce
3.3.1.2.Limited availability of arable land for conventional agriculture
3.3.1.3.Ease of crop monitoring and harvesting
3.3.2.Restraint
3.3.2.1.High initial investment
3.3.2.2.Limited varieties of crops compatible for cultivation
3.3.3.Opportunities
3.3.3.1.Increase in interest for specialty produce from master chefs
3.3.3.2.Exploring demand in highly populated urban regions
3.4.COVID-19 impact on the vertical farming crops market
CHAPTER 4:VERTICAL FARMING CROPS MARKET, BY CROP TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Tomato
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market analysis, by country
4.3.Leafy greens
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market analysis, by country
4.4.Herbs
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast
4.4.3.Market analysis, by country
4.5.Others
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast
4.5.3.Market analysis, by country
CHAPTER 5:VERTICAL FARMING CROPS MARKET, BY END USER
5.1.Overview
5.1.1.Market size and forecast
5.2.Direct retail
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast
5.2.3.Market analysis, by country
5.3.Food service
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.3.3.Market analysis, by country
CHAPTER 6:VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE
6.1.Overview
6.1.1.Market size and forecast
6.2.Hydroponics
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast
6.2.3.Market analysis, by country
6.3.Aeroponics
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast
6.3.3.Market analysis, by country
6.4.Aquaponics
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast
6.4.3.Market analysis, by country
CHAPTER 7:VERTICAL FARMING CROPS MARKET, BY REGION
7.1.Overview
7.1.1.Market size and forecast
7.2.North America
7.2.1.Overview
7.2.2.Key market trends, growth factors, and opportunities
7.2.3.Market size and forecast, by crop type
7.2.4.Market size and forecast, by end user
7.2.5.Market size and forecast, by farming technique
7.2.6.Market size and forecast, by country
7.2.7.U.S.
7.2.7.1.Market size and forecast, by crop type
7.2.7.2.Market size and forecast, by end user
7.2.7.3.Market size and forecast, by farming technique
7.2.8.Canada
7.2.8.1.Market size and forecast, by crop type
7.2.8.2.Market size and forecast, by end user
7.2.8.3.Market size and forecast, by farming technique
7.2.9.Mexico
7.2.9.1.Market size and forecast, by crop type
7.2.9.2.Market size and forecast, by end user
7.2.9.3.Market size and forecast, by farming technique
7.3.Europe
7.3.1.Overview
7.3.2.Key market trends, growth factors, and opportunities
7.3.3.Market size and forecast, by crop type
7.3.4.Market size and forecast, by end user
7.3.5.Market size and forecast, by farming technique
7.3.6.Market size and forecast, by country
7.3.7.Germany
7.3.7.1.Market size and forecast, by crop type
7.3.7.2.Market size and forecast, by end user
7.3.7.3.Market size and forecast, by farming technique
7.3.8.France
7.3.8.1.Market size and forecast, by crop type
7.3.8.2.Market size and forecast, by end user
7.3.8.3.Market size and forecast, by farming technique
7.3.9.UK
7.3.9.1.Market size and forecast, by crop type
7.3.9.2.Market size and forecast, by end user
7.3.9.3.Market size and forecast, by farming technique
7.3.10.Sweden
7.3.10.1.Market size and forecast, by crop type
7.3.10.2.Market size and forecast, by end user
7.3.10.3.Market size and forecast, by farming technique
7.3.11.Rest of Europe
7.3.11.1.Market size and forecast, by crop type
7.3.11.2.Market size and forecast, by end user
7.3.11.3.Market size and forecast, by farming technique
7.4.Asia-Pacific
7.4.1.Overview
7.4.2.Key market trends, growth factors, and opportunities
7.4.3.Market size and forecast, by crop type
7.4.4.Market size and forecast, by end user
7.4.5.Market size and forecast, by farming technique
7.4.6.Market size and forecast, by country
7.4.7.China
7.4.7.1.Market size and forecast, by crop type
7.4.7.2.Market size and forecast, by end user
7.4.7.3.Market size and forecast, by farming technique
7.4.8.India
7.4.8.1.Market size and forecast, by crop type
7.4.8.2.Market size and forecast, by end user
7.4.8.3.Market size and forecast, by farming technique
7.4.9.Japan
7.4.9.1.Market size and forecast, by crop type
7.4.9.2.Market size and forecast, by end user
7.4.9.3.Market size and forecast, by farming technique
7.4.10.Taiwan
7.4.10.1.Market size and forecast, by crop type
7.4.10.2.Market size and forecast, by end user
7.4.10.3.Market size and forecast, by farming technique
7.4.11.Rest of Asia-Pacific
7.4.11.1.Market size and forecast, by crop type
7.4.11.2.Market size and forecast, by end user
7.4.11.3.Market size and forecast, by farming technique
7.5.LAMEA
7.5.1.Overview
7.5.2.Key market trends, growth factors, and opportunities
7.5.3.Market size and forecast, by crop type
7.5.4.Market size and forecast, by end user
7.5.5.Market size and forecast, by farming technique
7.5.6.Market size and forecast, by country
7.5.7.Brazil
7.5.7.1.Market size and forecast, by crop type
7.5.7.2.Market size and forecast, by end user
7.5.7.3.Market size and forecast, by farming technique
7.5.8.Saudi Arabia
7.5.8.1.Market size and forecast, by crop type
7.5.8.2.Market size and forecast, by end user
7.5.8.3.Market size and forecast, by farming technique
7.5.9.South Africa
7.5.9.1.Market size and forecast, by crop type
7.5.9.2.Market size and forecast, by end user
7.5.9.3.Market size and forecast, by farming technique
7.5.10.Rest of LAMEA
7.5.10.1.Market size and forecast, by crop type
7.5.10.2.Market size and forecast, by end user
7.5.10.3.Market size and forecast, by farming technique
CHAPTER 8:COMPETITION LANDSCAPE
8.1.Top winning strategies
8.2.Product mapping
8.3.Competitive dashboard
8.4.Key developments
8.4.1.Acquisition
8.4.2.Business expansion
8.4.3.Product launch
8.4.4.Agreement
CHAPTER 9:COMPANY PROFILES
9.1.AEROFARMS LLC
9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.Key strategic moves and developments
9.2.AGRICOOL
9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Product portfolio
9.3.BADIA FARMS
9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio
9.4.BOWERY FARMING INC.
9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio
9.4.5.Key strategic moves and developments
9.5.BRIGHTFARMS
9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Key strategic moves and developments
9.6.FARM.ONE, INC.
9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Product portfolio
9.7.GOTHAM GREENS
9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.7.5.Key strategic moves and developments
9.8.INFARM GmbH
9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Product portfolio
9.8.5.Key strategic moves and developments
9.9.PLENTY UNLIMITED INC.
9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Product portfolio
9.9.5.Key strategic moves and developments
9.10.SKY URBAN SOLUTIONS HOLDING PTE LTD
9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Product portfolio
LIST OF TABLES
TABLE 01.GLOBAL VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019-2027 ($MILLION)
TABLE 02.VERTICAL FARMING CROPS MARKET REVENUE, FOR TOMATO, BY REGION, 2019–2027 ($MILLION)
TABLE 03.VERTICAL FARMING CROPS MARKET REVENUE, FOR LEAFY GREENS, BY REGION, 2019–2027 ($MILLION)
TABLE 04.VERTICAL FARMING CROPS MARKET REVENUE, FOR HERBS, BY REGION, 2019–2027 ($MILLION)
TABLE 05.VERTICAL FARMING CROPS MARKET REVENUE, FOR OTHER CROPS, BY REGION, 2019–2027 ($MILLION)
TABLE 06.VERTICAL FARMING CROPS MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 07.VERTICAL FARMING CROPS MARKET REVENUE, FOR DIRECT RETAIL, BY REGION, 2019–2027 ($MILLION)
TABLE 08.VERTICAL FARMING CROPS MARKET REVENUE, FOR FOOD SERVICE, BY REGION, 2019–2027 ($MILLION)
TABLE 09.VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019-2027 ($MILLION)
TABLE 10.HYDROPONICS VERTICAL FARMING CROPS MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 11.AEROPONICS VERTICAL FARMING CROPS MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 12.AQUAPONICS VERTICAL FARMING CROPS MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 13.VERTICAL FARMING CROPS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027($MILLION)
TABLE 15.NORTH AMERICA VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 16.NORTH AMERICA VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 17.NORTH AMERICA VERTICAL FARMING CROPS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 18.U.S. VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 19.U.S. VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 20.U.S. VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 21.CANADA VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 22.CANADA VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 23.CANADA VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 24.MEXICO VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 25.MEXICO VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 26.MEXICO VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 27.EUROPE VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 28.EUROPE VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 29.EUROPE VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 30.EUROPE VERTICAL FARMING CROPS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 31.GERMANY VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 32.GERMANY VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 33.GERMANY VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 34.FRANCE VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 35.FRANCE VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 36.FRANCE VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 37.UK VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 38.UK VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 39.UK VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 40.SWEDEN VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 41.SWEDEN VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 42.SWEDEN VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 43.REST OF EUROPE VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 44.REST OF EUROPE VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 45.REST OF EUROPE VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019–2027 ($MILLION)
TABLE 46.ASIA-PACIFIC VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019-2027 ($MILLION)
TABLE 47.ASIA-PACIFIC VERTICAL FARMING CROPS MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 48.ASIA-PACIFIC VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019-2027 ($MILLION)
TABLE 49.ASIA-PACIFIC VERTICAL FARMING CROPS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 50.CHINA VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 51.CHINA VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 52.CHINA VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019–2027 ($MILLION)
TABLE 53.INDIA VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 54.INDIA VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 55.CHINA VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019–2027 ($MILLION)
TABLE 56.JAPAN VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 57.JAPAN VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 58.JAPAN VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019–2027 ($MILLION)
TABLE 59.TAIWAN VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 60.TAIWAN VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 61.TAIWAN VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019–2027 ($MILLION)
TABLE 62.REST OF ASIA-PACIFIC VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 63.REST OF ASIA-PACIFIC VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 64.REST OF ASIA-PACIFIC VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019–2027 ($MILLION)
TABLE 65.LAMEA VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019-2027 ($MILLION)
TABLE 66.LAMEA VERTICAL FARMING CROPS MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 67.LAMEA VERTICAL FARMING CROPS MARKET, BY FARMING TECHNIQUE, 2019-2027 ($MILLION)
TABLE 68.LAMEA VERTICAL FARMING CROPS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 69.BRAZIL VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 70.BRAZIL VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 71.BRAZIL VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019–2027 ($MILLION)
TABLE 72.SAUDI ARABIA VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 73.SAUDI ARABIA VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 74.SAUDI ARABIA VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019–2027 ($MILLION)
TABLE 75.SOUTH AFRICA VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 76.SOUTH AFRICA VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 77.SOUTH AFRICA VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019–2027 ($MILLION)
TABLE 78.REST OF LAMEA VERTICAL FARMING CROPS MARKET, BY CROP TYPE, 2019–2027 ($MILLION)
TABLE 79.REST OF LAMEA VERTICAL FARMING CROPS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 80.REST OF LAMEA VERTICAL FARMING CROPS MARKET, BY PACKAGING FORM, 2019–2027 ($MILLION)
TABLE 81.AEROFARMS LLC: KEY EXECUTIVES
TABLE 82.AEROFARMS LLC: COMPANY SNAPSHOT
TABLE 83.AEROFARMS LLC: PRODUCT PORTFOLIO
TABLE 84.AGRICOOL: KEY EXECUTIVES
TABLE 85.AGRICOOL: COMPANY SNAPSHOT
TABLE 86.AGRICOOL: PRODUCT PORTFOLIO
TABLE 87.BADIA FARMS: KEY EXECUTIVES
TABLE 88.BADIA FARMS: COMPANY SNAPSHOT
TABLE 89.BADIA FARMS: PRODUCT PORTFOLIO
TABLE 90.BOWERY FARMING INC.: KEY EXECUTIVES
TABLE 91.BOWERY FARMING INC.: COMPANY SNAPSHOT
TABLE 92.BOWERY FARMING INC.: PRODUCT PORTFOLIO
TABLE 93.BRIGHTFARMS: KEY EXECUTIVES
TABLE 94.BRIGHTFARMS: COMPANY SNAPSHOT
TABLE 95.AEROFARMS LLC: PRODUCT PORTFOLIO
TABLE 96.FARM.ONE, INC.: KEY EXECUTIVES
TABLE 97.FARM.ONE, INC.: COMPANY SNAPSHOT
TABLE 98.FARM.ONE, INC.: PRODUCT PORTFOLIO
TABLE 99.GOTHAM GREENS: KEY EXECUTIVES
TABLE 100.GOTHAM GREENS: COMPANY SNAPSHOT
TABLE 101.GOTHAM GREENS: PRODUCT PORTFOLIO
TABLE 102.INFARM GMBH: KEY EXECUTIVES
TABLE 103.INFARM GMBH: COMPANY SNAPSHOT
TABLE 104.INFARM GMBH: PRODUCT PORTFOLIO
TABLE 105.PLENTY UNLIMITED INC.: KEY EXECUTIVES
TABLE 106.PLENTY UNLIMITED INC.: COMPANY SNAPSHOT
TABLE 107.PLENTY UNLIMITED INC.: PRODUCT PORTFOLIO
TABLE 108.SKY URBAN SOLUTIONS HOLDING PTE LTD: KEY EXECUTIVE
TABLE 109.SKY URBAN SOLUTIONS HOLDING PTE LTD: COMPANY SNAPSHOT
TABLE 110.SKY URBAN SOLUTIONS HOLDING PTE LTD: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.MARKET EXECUTIVE SNAPSHOT
FIGURE 03.TOP INVESTMENT POCKETS, BY FARMING TECHNIQUE
FIGURE 04.BARGAINING POWER OF SUPPLIERS
FIGURE 05.BARGAINING POWER OF BUYERS
FIGURE 06.THREAT OF NEW ENTRANTS
FIGURE 07.THREAT OF SUBSTITUTION
FIGURE 08.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.RISE IN U.S. IMPORTS OF FRUITS AND VEGETABLES, 2019
FIGURE 10.URBAN AND RURAL POPULATION OF THE WORLD, 1950-2050* (ESTD.*)
FIGURE 11.IMPACT OF COVID-19 ON VERTICAL FARMING CROPS MARKET (%), 2019
FIGURE 12.GLOBAL VERTICAL FARMING CROPS MARKET SHARE, BY CROP TYPE, 2019(%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF THE VERTICAL FARMING CROPS MARKET REVENUE, FOR TOMATO, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF VERTICAL FARMING CROPS MARKET REVENUE, FOR LEAFY GREENS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF VERTICAL FARMING CROPS MARKET REVENUE, FOR HERBS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF VERTICAL FARMING CROPS MARKET REVENUE, FOR OTHER CROPS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.VERTICAL FARMING CROPS MARKET SHARE, BY END USER, 2019(%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS FOR VERTICAL FARMING CROPS MARKET REVENUE, FOR DIRECT RETAIL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS FOR VERTICAL FARMING CROPS MARKET REVENUE, FOR FOOD SERVICE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.VERTICAL FARMING CROPS MARKET SHARE, BY FARMING TECHNIQUE, 2019(%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF HYDROPONICS VERTICAL FARMING CROPS MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS AEROPONICS VERTICAL FARMING CROPS MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS AQUAPONICS VERTICAL FARMING CROPS MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.VERTICAL FARMING CROPS MARKET SHARE, BY REGION, 2019(%)
FIGURE 25.U.S. VERTICAL FARMING CROPS MARKET, 2019–2027 ($MILLION)
FIGURE 26.CANADA VERTICAL FARMING CROPS MARKET, 2019–2027 ($MILLION)
FIGURE 27.MEXICO VERTICAL FARMING CROPS MARKET, 2019–2027 ($MILLION)
FIGURE 28.GERMANY VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 29.FRANCE VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 30.UK VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 31.SWEDEN VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 32.REST OF EUROPE VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 33.CHINA VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 34.INDIA VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 35.JAPAN VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 36.TAIWAN VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 37.REST OF ASIA-PACIFIC VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 38.BRAZIL VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 39.SAUDI ARABIA VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 40.SOUTH AFRICA VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 41.REST OF LAMEA VERTICAL FARMING CROPS MARKET, 2019-2027 ($MILLION)
FIGURE 42.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020* (%)
FIGURE 43.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020*
FIGURE 44.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 45.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
According to the CXO’s of leading companies, the vertical farming crops market is expected to grow exponentially during the forecast period, owing to various factors such as growth in population in urban areas and demand–supply gap for food, increase in preference for pesticide-free food crops, and the ease of crop monitoring and harvesting through vertical farming.
Vertical farming crops have now become a consolidated reality since the number of players entering the industry are increasing rapidly and the sector is continuously evolving. Crops cultivated through vertical farming offer greater nutritional benefits, better texture, and taste. The controlled conditions enable cultivators to save growth cycles a year, depending on the crop type. It also eliminates the use of herbicides or pesticides; thereby, offering natural crops. Furthermore, their short supply chains also enable them to be delivered to consumers quickly. Vertical farming offers higher yield of crops in a limited space as compared to conventional agricultural, which makes them highly sustainable in an environmentally friendly way.
The CXOs further added that the scenario of a pandemic, COVID-19 in particular, has further driven the practicalities of vertically farmed crops and its importance. In regions with food shortages due to environmental reasons, vertical farming crops can be the finest solution.
A. The vertical farming crops market will expand from 2021 – 2027 at the CAGR of 26.2%
A. The market value of vertical farming crops market by the end of 2027 will be $1.3 billion.
A. The sample report of vertical farming crops market by clicking on the link ( paste the link)
A. The factors that drive vertical farming crops market growth include rise in demand for fresh, pesticide-free and locally grown produce, limited availability of arable land for conventional agriculture and ease of crop monitoring and harvesting through vertical farming.
A. The leading players in vertical farming crops market include AeroFarms, PlantLab, Spread Co., Bowery Farming, InFarm, Plenty, Gotham Greens, AgriCool, CropOne and Green Spirits Farm.
A. The company profiles of top key players of vertical farming crops market by clicking on the link ( paste the link)
A. The segments of vertical farming crops market include by crop type, end user and farming technique.
A. The key growth strategies of vertical farming crops market players include ultra-short supply chains for distribution of its produce.
A. By Crop Type, the other crops segment would exhibit the highest CAGR during the forecast period.
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