Report Summary
Eternity Insights has published a new study on Global Vertical Farming Market focusing on key segments By Type (Hydroponics, Aeroponics, Aquaponics, Others), By Structure (Building-based Vertical Farms, Container-based Vertical Farms), By Component (Irrigation Component, Lighting, Sensor, Climate Control, Building Material), By Application (Vegetable Cultivation, Fruit Planting, Others), and by region. This deep-dive research report highlights the market and competitive intelligence across the key segments of the market. The report also considers the impact of COVID-19 on the global Vertical Farming Market.
The global vertical farming market size was valued at USD 3.27 billion in 2020 and is expected to reach USD 23.12 billion by 2028, registering a CAGR of 21.6% from 2022-2028.
The report considers 2018-2020 as historic period, 2021 as base year, and 2022-2028 as forecast period. The report includes quantitative analysis of the market supported by the market drivers, challenges, and trends to accurately map the market scenario and competition. Moreover, key insights related to market having direct impact on the market will also be covered.
Vertical Farming Market report is based on robust research methodology designed using blend of research approaches developed using secondary/desk research and validated through primary research and expert insights. Eternity Insights also uses paid databases such as FACIVA, Hoovers, and other benchmarking and forecasting tools to provide accurate statistical analysis of supply and demand trends.
Global Vertical Farming Market Size, 2018-2028 (USD Million)
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Global Vertical Farming Market Segmentation:
Vertical Farming Market, By Type
- Hydroponics
- Aeroponics
- Aquaponics
- Others
Vertical Farming Market, By Structure
- Building-based Vertical Farms
- Container-based Vertical Farms
Vertical Farming Market, By Component
- Irrigation Component
- Lighting
- Sensor
- Climate Control
- Building Material
- Glass greenhouse
- Plastic greenhouse
- Others
Vertical Farming Market, By Application
- Vegetable Cultivation
- Fruit Planting
- Others
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Geographically, the market is categorized in to five regions as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America region dominates the global Vertical Farming market in terms of demand generation. The Vertical Farming market in Asia Pacific region is expected to grow at significantly high growth rate. The regional market is further sub-segmented and analyzed at granular level across key countries. The report will include market size and forecast for Vertical Farming market for below listed coun-tries across each region.
North America (U.S. and Canada), Europe (Germany, France, Italy, UK, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific region); Latin America (Brazil, Mexico, and rest of the Latin America); Middle East and Africa (GCC, South Africa, and Rest of the Middle East and Africa).
Global Vertical Farming Market Taxonomy:
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Global Vertical Farming Market Competitive Landscape
The global Vertical Farming market analysis report covers detailed analysis of competitive scenario across globe. The report includes profiles of leading players covering below details
- Company Overview
- Financial Analysis
- Product Portfolio Analysis
- Strategic Overview
- SWOT Analysis
List of Companies Profiled in the report:
- AeroFarms
- Gotham Greens
- Plenty (Bright Farms)
- Lufa Farms
- Beijing IEDA Protected Horticulture
- Green Sense Farms
- Garden Fresh Farms
- Mirai
- Sky Vegetables
- TruLeaf
- Urban Crops
- Sky Greens
- GreenLand
- Scatil
- Jingpeng
- Metropolis Farms
- Plantagon
- Spread
- Sanan Sino Science
- Nongzhong Wulian
- Vertical Harvest
- Infinite Harvest
- FarmedHere
- Metro Farms
- Green Spirit Farms
- Indoor Harvest
- Sundrop Farms
- Alegria Fresh
- Farmbox
- Greener Roots Farm
- Uriah's Urban Farms
- Atlantic Beach Urban Farms
- CityFarm
- Brooklyn Grange
- Other Players of Specific Interest can be added based on the requirement
Market Segmentation
| Report Attributes |
Details |
| The market size value in 2021 |
USD XX.XX Million |
| CAGR (2021 - 2028) |
XX.XX % |
| The Revenue forecast in 2028 |
USD XX.XX Million |
| Base year for estimation |
2021 |
| Historical data |
2018-2019 |
| Forecast period |
2022-2028 |
| Quantitative units |
- Revenue in USD Million
- CAGR from 2021 to 2028
|
| Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered |
By Type Outlook, Application Outlook, Regional Outlook |
| By Type Outlook |
Hydroponics, Aeroponics, Aquaponics, Others |
| By Application Outlook |
Vegetable Cultivation, Fruit Planting, Others |
| Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Country scope |
U.S., Canada, U.K., Germany, France, BENELUX, China, India, Japan, South Korea, Brazil, Saudi Arabia, UAE, Turkey |
| Key companies profiled |
AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms, Beijing IEDA Protected Horticulture, Green Sense Farms, Garden Fresh Farms, Mirai, Sky Vegetables, TruLeaf, Urban Crops, Sky Greens, Greenland, Scatil, Jingpeng, Metropolis Farms, Plantagon, Spread, Sanan Sino Science, Nongzhong Wulian, Vertical Harvest, Infinite Harvest, FarmedHere, Metro Farms, Green Spirit Farms, Indoor Harvest, Sundrop Farms, Alegria Fresh, Farmbox, Greener Roots Farm, Uriah's Urban Farms, Atlantic Beach Urban Farms, CityFarm, Brooklyn Grange |
| Customization Available |
Yes, the report can be tailored to meet your specific requirements. |
Key Benefits to the stakeholders
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) and volume (Tons) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlights the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Table Of Contents
Table of Contents
1 Vertical Farming Market Overview
1.1 Vertical Farming Product Overview
1.2 Vertical Farming Market Segment by Type
1.2.1 Hydroponics
1.2.2 Aeroponics
1.2.3 Others
1.3 Global Vertical Farming Market Size by Type
1.3.1 Global Vertical Farming Sales and Growth by Type
1.3.2 Global Vertical Farming Sales and Market Share by Type (2014-2019)
1.3.3 Global Vertical Farming Revenue and Market Share by Type (2014-2019)
1.3.4 Global Vertical Farming Price by Type (2014-2019)
2 Global Vertical Farming Market Competition by Company
2.1 Global Vertical Farming Sales and Market Share by Company (2014-2019)
2.2 Global Vertical Farming Revenue and Share by Company (2014-2019)
2.3 Global Vertical Farming Price by Company (2014-2019)
2.4 Global Top Players Vertical Farming Manufacturing Base Distribution, Sales Area, Product Types
2.5 Vertical Farming Market Competitive Situation and Trends
2.5.1 Vertical Farming Market Concentration Rate
2.5.2 Global Vertical Farming Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion
3 Vertical Farming Company Profiles and Sales Data
3.1 AeroFarms
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 Vertical Farming Product Category, Application and Specification
3.1.3 AeroFarms Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.1.4 Main Business Overview
3.2 Gotham Greens
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 Vertical Farming Product Category, Application and Specification
3.2.3 Gotham Greens Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.2.4 Main Business Overview
3.3 Plenty (Bright Farms)
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 Vertical Farming Product Category, Application and Specification
3.3.3 Plenty (Bright Farms) Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.3.4 Main Business Overview
3.4 Lufa Farms
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 Vertical Farming Product Category, Application and Specification
3.4.3 Lufa Farms Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.4.4 Main Business Overview
3.5 Beijing IEDA Protected Horticulture
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 Vertical Farming Product Category, Application and Specification
3.5.3 Beijing IEDA Protected Horticulture Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.5.4 Main Business Overview
3.6 Green Sense Farms
3.6.1 Company Basic Information, Manufacturing Base and Competitors
3.6.2 Vertical Farming Product Category, Application and Specification
3.6.3 Green Sense Farms Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.6.4 Main Business Overview
3.7 Garden Fresh Farms
3.7.1 Company Basic Information, Manufacturing Base and Competitors
3.7.2 Vertical Farming Product Category, Application and Specification
3.7.3 Garden Fresh Farms Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.7.4 Main Business Overview
3.8 Mirai
3.8.1 Company Basic Information, Manufacturing Base and Competitors
3.8.2 Vertical Farming Product Category, Application and Specification
3.8.3 Mirai Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.8.4 Main Business Overview
3.9 Sky Vegetables
3.9.1 Company Basic Information, Manufacturing Base and Competitors
3.9.2 Vertical Farming Product Category, Application and Specification
3.9.3 Sky Vegetables Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.9.4 Main Business Overview
3.10 TruLeaf
3.10.1 Company Basic Information, Manufacturing Base and Competitors
3.10.2 Vertical Farming Product Category, Application and Specification
3.10.3 TruLeaf Vertical Farming Sales, Revenue, Price and Gross Margin(2014-2019)
3.10.4 Main Business Overview
3.11 Urban Crops
3.12 Sky Greens
3.13 GreenLand
3.14 Scatil
3.15 Jingpeng
3.16 Metropolis Farms
3.17 Plantagon
3.18 Spread
3.19 Sanan Sino Science
3.20 Nongzhong Wulian
3.21 Vertical Harvest
3.22 Infinite Harvest
3.23 FarmedHere
3.24 Metro Farms
3.25 Green Spirit Farms
3.26 Indoor Harvest
3.27 Sundrop Farms
3.28 Alegria Fresh
3.29 Farmbox
3.30 Greener Roots Farm
3.31 Uriah's Urban Farms
3.32 Atlantic Beach Urban Farms
3.33 CityFarm
3.34 Brooklyn Grange
4 Vertical Farming Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Vertical Farming Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global Vertical Farming Sales and Revenue by Regions
4.2.1 Global Vertical Farming Sales and Market Share by Regions (2014-2019)
4.2.2 Global Vertical Farming Revenue and Market Share by Regions (2014-2019)
4.2.3 Global Vertical Farming Sales, Revenue, Price and Gross Margin (2014-2019)
4.3 North America Vertical Farming Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe Vertical Farming Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific Vertical Farming Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America Vertical Farming Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa Vertical Farming Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries
5 Vertical Farming Application/End Users
5.1 Vertical Farming Segment by Application
5.1.1 Vegetable Cultivation
5.1.2 Fruit Planting
5.1.3 Others
5.2 Global Vertical Farming Product Segment by Application
5.2.1 Global Vertical Farming Sales by Application
5.2.2 Global Vertical Farming Sales and Market Share by Application (2014-2019)
6 Global Vertical Farming Market Forecast
6.1 Global Vertical Farming Sales, Revenue Forecast (2019-2025)
6.1.1 Global Vertical Farming Sales and Growth Rate Forecast (2019-2025)
6.1.1 Global Vertical Farming Revenue and Growth Rate Forecast (2019-2025)
6.2 Global Vertical Farming Forecast by Regions
6.2.1 North America Vertical Farming Sales and Revenue Forecast (2019-2025)
6.2.2 Europe Vertical Farming Sales and Revenue Forecast (2019-2025)
6.2.3 Asia-Pacific Vertical Farming Sales and Revenue Forecast (2019-2025)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America Vertical Farming Sales and Revenue Forecast (2019-2025)
6.2.5 Middle East and Africa Vertical Farming Sales and Revenue Forecast (2019-2025)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 Vertical Farming Forecast by Type
6.3.1 Global Vertical Farming Sales and Revenue Forecast by Type (2019-2025)
6.3.2 Hydroponics Gowth Forecast
6.3.3 Aeroponics Gowth Forecast
6.4 Vertical Farming Forecast by Application
6.4.1 Global Vertical Farming Sales Forecast by Application (2019-2025)
6.4.2 Global Vertical Farming Forecast in Vegetable Cultivation
6.4.3 Global Vertical Farming Forecast in Fruit Planting
7 Vertical Farming Upstream Raw Materials
7.1 Vertical Farming Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Vertical Farming Industrial Chain Analysis
8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers
9 Research Findings and Conclusion
Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
Disclaimer
