The Vertical Farming Crops Market was valued at US$ 239.90 million in 2019 and is projected to reach US$ 1,021.33 million by 2027; it is expected to grow at a CAGR of 20% from 2021 to 2027.
Vertical farming is an innovative approach used to produce food and medicinal plants in vertically stacked floors, such as skyscrapers, used warehouses, or shipping containers. Produce large quantities of nutritious, high-quality, fresh food without relying on good weather, high water usage, skilled labor, or high soil fertility. In addition, along with climate control, it ensures stable yields and consistency of crop production year-round and is not affected by external environmental factors such as disease, pest or predator attack.
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Market Segments
By Crop Type
- Tomato
- Leafy Greens
- Herbs
- Others
By End Use
- Food Service
- Food Retail
By Farming Technique
- Hydroponics
- Aeroponics
- Aquaponics
Key Players
The key players profiled in the report include 4D Bios Inc., AeroFarms, Agrilution, AMHYDRO (American Hydroponics), Everlight Electronics Co., Ltd, Hort Americas, Illumitex Inc., Koninklijke Philips N.V., Urban Crop Solutions, and Sky Greens.
Scope of the Report
The research study analyzes the global Vertical Farming Crops industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Vertical Farming Crops Market is available at: https://www.orionmarketreports.com/vertical-farming-crops-market/62989/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Vertical Farming Crops Market Report
1. What was the Vertical Farming Crops Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Vertical Farming Crops Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Vertical Farming Crops Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Vertical Farming Crops market.
- The market share of the global Vertical Farming Crops market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Vertical Farming Crops market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Vertical Farming Crops market.
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