Market Overview:
The global vertical farming vegetables and fruits market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fresh and healthy food, rising awareness about the benefits of vertical farming, and technological advancements in vertical farming. The global vertical farming vegetables and fruits market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into hydroponics planting, aeroponics planting, and others. Hydroponics planting dominates the global Vertical Farming Vegetables And Fruits Market due to its advantages such as low water usage rates (1/10th that of traditional agriculture), no soil required thus eliminating soil-borne diseases & pests; shorter production time; ability to grow crops all year round in controlled environments etc. On account of these factors Aeroponics Planting is projected register highest CAGR over forecast period 2018-2030 .On basis if Application Vegetables leads Global Vertical Farming Vegetables And Fruits Market with Fruit following closely behind .
Product Definition:
Vertical farming is a type of agriculture where crops are grown in vertically stacked layers in a controlled environment. The Importance of Vertical Farming Vegetables and Fruits is that it can help to decrease the amount of space needed to farm, which could help to reduce the impact agriculture has on the environment.
Hydroponics Planting:
Hydroponics Planting is a method of growing plants without soil, where the soil is replaced by a mineral solution inserted around the plant roots. Hydroponic planting involves cultivating plants in a nutrient solution (sol) that is provided to them along with support systems such as rock wool or foam blocks. The technique has been used for thousands of years and was primarily developed as an alternative to wet-site cultivation, which was considered environmentally unfriendly.
Aeroponics Planting:
Aeroponics is a method of growing plants without soil, where the plant roots are hung in a dark chamber and sprayed with nutrient-rich solution periodically. Aeroponics planting has been around for quite some time; however, it gained significant popularity after its implementation in the hydroponic farming system. The primary difference between these two systems is that aeroponics system does not require any support structures such as rock wool or net pots to hold the plant roots apart from the soil surface.
Application Insights:
The vegetables segment held the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing demand for vegetables that are healthy, fresh and produced in a short period of time will drive the industry growth. Vertical farming provides an ideal solution to grow these crops because of its ability to provide consistent temperature and humidity, which helps prevent crop damage caused by fluctuations in environmental conditions.
Growing fruits such as apples, pears, grapes etc has become easier with vertical farms because of their ability to provide climatic conditions similar to those found at altitude where they can get proper sunlight and nutrients from soil without having to supply supplementary lighting or heaters like other conventional methods require. Vertical farming also allows farmers produce more fruit than what could be consumed locally due horizontal gardening techniques allow for greater land area per unit of production while vertical farming requires less space resulting into lesser production cost per unit area compared with conventional methods.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding health, fitness, and nutrition among people in North America. Growing demand for organic food products owing to growing concerns over synthetic chemicals used in conventional farming has also contributed significantly toward regional growth.
Growth Factors:
- Increasing demand for organic vegetables and fruits: The global market for organic vegetables and fruits is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth can be attributed to the increasing awareness about the benefits of consuming organic produce among consumers.
- Rising demand for fresh produce: The global market for fresh produce is projected to grow at a CAGR of more than 7% from 2016 to 2021. This growth can be attributed to the increasing preference among consumers for fresh, nutritious, and healthy food items.
- Technological advancements in vertical farming: Vertical farming is witnessing rapid technological advancements, which is resulting in increased efficiency and production output. This is aiding in the expansion of the vertical farming vegetables and fruits market across different regions worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Farming Vegetables and Fruits Market Research Report
By Type
Hydroponics Planting, Aeroponics Planting, Others
By Application
Vegetables, Fruits
By Companies
AeroFarms, Lufa Farms, Gotham Greens, Garden Fresh Farms, Sky Greens, Plenty (Bright Farms), Mirai, Spread, Green Sense Farms, Scatil, TruLeaf, Sky Vegetables, GreenLand, Nongzhong Wulian, Sanan Sino Science, Beijing IEDA Protected Horticulture
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Farming Vegetables and Fruits Market Report Segments:
The global Vertical Farming Vegetables and Fruits market is segmented on the basis of:
Types
Hydroponics Planting, Aeroponics Planting, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vegetables, Fruits
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AeroFarms
- Lufa Farms
- Gotham Greens
- Garden Fresh Farms
- Sky Greens
- Plenty (Bright Farms)
- Mirai
- Spread
- Green Sense Farms
- Scatil
- TruLeaf
- Sky Vegetables
- GreenLand
- Nongzhong Wulian
- Sanan Sino Science
- Beijing IEDA Protected Horticulture
Highlights of The Vertical Farming Vegetables and Fruits Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydroponics Planting
- Aeroponics Planting
- Others
- By Application:
- Vegetables
- Fruits
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vertical Farming Vegetables and Fruits Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vertical farming is a type of agriculture where crops are grown in vertically stacked layers in a controlled environment. This method allows for more efficient use of land, as well as increased production due to the closer spacing of plants.
Some of the major companies in the vertical farming vegetables and fruits market are AeroFarms, Lufa Farms, Gotham Greens, Garden Fresh Farms, Sky Greens, Plenty (Bright Farms), Mirai, Spread, Green Sense Farms, Scatil, TruLeaf, Sky Vegetables, GreenLand, Nongzhong Wulian, Sanan Sino Science, Beijing IEDA Protected Horticulture.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vertical Farming Vegetables and Fruits Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vertical Farming Vegetables and Fruits Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vertical Farming Vegetables and Fruits Market - Supply Chain
4.5. Global Vertical Farming Vegetables and Fruits Market Forecast
4.5.1. Vertical Farming Vegetables and Fruits Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vertical Farming Vegetables and Fruits Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vertical Farming Vegetables and Fruits Market Absolute $ Opportunity
5. Global Vertical Farming Vegetables and Fruits Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Type
5.3.1. Hydroponics Planting
5.3.2. Aeroponics Planting
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vertical Farming Vegetables and Fruits Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Application
6.3.1. Vegetables
6.3.2. Fruits
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vertical Farming Vegetables and Fruits Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vertical Farming Vegetables and Fruits Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vertical Farming Vegetables and Fruits Demand Share Forecast, 2019-2026
9. North America Vertical Farming Vegetables and Fruits Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Application
9.4.1. Vegetables
9.4.2. Fruits
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Type
9.7.1. Hydroponics Planting
9.7.2. Aeroponics Planting
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vertical Farming Vegetables and Fruits Demand Share Forecast, 2019-2026
10. Latin America Vertical Farming Vegetables and Fruits Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Application
10.4.1. Vegetables
10.4.2. Fruits
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Type
10.7.1. Hydroponics Planting
10.7.2. Aeroponics Planting
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vertical Farming Vegetables and Fruits Demand Share Forecast, 2019-2026
11. Europe Vertical Farming Vegetables and Fruits Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Application
11.4.1. Vegetables
11.4.2. Fruits
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Type
11.7.1. Hydroponics Planting
11.7.2. Aeroponics Planting
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vertical Farming Vegetables and Fruits Demand Share, 2019-2026
12. Asia Pacific Vertical Farming Vegetables and Fruits Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Application
12.4.1. Vegetables
12.4.2. Fruits
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Type
12.7.1. Hydroponics Planting
12.7.2. Aeroponics Planting
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vertical Farming Vegetables and Fruits Demand Share, 2019-2026
13. Middle East & Africa Vertical Farming Vegetables and Fruits Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Application
13.4.1. Vegetables
13.4.2. Fruits
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vertical Farming Vegetables and Fruits Market Size and Volume Forecast by Type
13.7.1. Hydroponics Planting
13.7.2. Aeroponics Planting
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vertical Farming Vegetables and Fruits Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vertical Farming Vegetables and Fruits Market: Market Share Analysis
14.2. Vertical Farming Vegetables and Fruits Distributors and Customers
14.3. Vertical Farming Vegetables and Fruits Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AeroFarms
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lufa Farms
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gotham Greens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Garden Fresh Farms
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sky Greens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Plenty (Bright Farms)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mirai
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Spread
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Green Sense Farms
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Scatil
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TruLeaf
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sky Vegetables
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. GreenLand
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Nongzhong Wulian
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sanan Sino Science
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Beijing IEDA Protected Horticulture
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
