Global Vertical Farming Market





SPER Market Research

Global Vertical Farming Market


Global Vertical Farming Market

 Category : Agriculture

 Published: Apr-2020
 Author: SPER Analyst
According to SPER Market Research analysis, the global vertical farming market generated at USD 1.57 Billion in 2016, and is projected to reach USD 10.37 Billion by 2022, at a CAGR of 11.73% from 2016 to 2022. The growing demand for high-quality food, without pesticides or herbicides, will impact the growth of the global vertical farming market in the estimated periods. Additionally, the increasing demand of consumers for herbicide and pesticide-free food and the rising requirement for reducing the carbon footprint of traditional agricultural practices will boost the global vertical farming industry in the forecast periods.
Vertical agriculture, with its unlimited development space and growth advantages, has become the representative of modern agricultural advanced productivity. It is the best alternative agriculture to change the traditional model of lack of resources, environmental pollution, and excessive human investment.
Additionally, the rapid economic development in developing countries resulted in augmented growth. SPER Market Research analysts estimate the Vertical Farming has become a key information system in the agriculture industry includes regional analysis on North America, Asia-Pacific, Europe, South America, and Middle-East & Africa.

Companies Covered
  • Koninklijke Philips N.V.
  • Everlight Electronics 
  • Illumitex
  • Sky Farms 
  • AeroFarms LLC
  • Green Sense Farms
  • American Hydroponics
  • Agrilution
  • Urban Crops
  • Vertical Farm Systems 
  • Other Prominent Players
Key Questions Answered by Report
  • What was the market size trend of 2015-19?
  • What will be the market size trend of next 4-5 years?
  • What are the most common brands in terms of value?
  • And others
Reasons to buy this report
  • This SPER Market Research report will help to develop Business Strategies by understanding the trends shaping and driving Vertical Farming  market
  • Organize sales and marketing efforts by identifying the best opportunities for Vertical Farming  market
  • To understand the future market competition in the Global Vertical Farming market.

The report is based on in-depth qualitative and quantitative analysis of Global Vertical Farming Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

Browse report overview on "Global Vertical Farming Market by Growth Mechanism (Hydroponics, Aeroponics, and Aquaponics), By Structure (Building Based and Shipping Container), By Offering (Lighting, Hydroponics Components, Climate Control, and Sensors), By Crop Type (Tomato, Lettuce, Bell & Chili Peppers, Strawberry, Cucumber, Leafy Greens (excluding lettuce), Herbs and Others), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa), Global Forecast to 2027" at:

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