Vertical Farming Market Types, Applications, Products, Share, Growth, Insights and Forecasts Report 2030
The latest research report by Emergen Research, named ‘Global Vertical Farming Market - Forecast to 2030 . The report offers these individuals a vivid description of the competitive spectrum of the global Vertical Farming Market .The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness.
Global vertical farming market size reached USD 3.09 Billion in 2021 and is expected to register a revenue CAGR of 23.5% during the forecast period, according to latest analysis by Emergen Research. Increase in global demand for food and rapid urbanization are expected to support market revenue growth during 2022-2030.
In addition, the rapid climate change caused by global warming has adversely affected the weather patterns, causing irregular rainfall, drought, desertification, thereby reducing agricultural productivity. Increasing population is expected to lead to a rise in global demand for food, which is further expected to increase demand for alternative agriculture practices such as vertical farming to ensure food security. This is expected to further accelerate revenue growth of the market during the forecast period.
The report further divides the Vertical Farming Market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Vertical Farming Market
Key players in the market AeroFarms, LLC, Agricool SAS, Sky Greens, Emirates Vertical Farming Farms, Freight Farms, Inc., Green Sense Farms Holdings, Inc., Heliospectra AB, LumiGrow, Inc., Signify Holding B.V., and Hydrofarm LLC.
Covid 19 impact analysis:
The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The report provides a thorough estimation of the overall impact of the pandemic on the Vertical Farming Market nd its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Vertical Farming Market
Vertical Farming Market Segmentation
Emergen Research has segmented global vertical farming market on the basis of system, type, structure, equipment, and region:
· System Outlook (Revenue, USD Billion, 2019–2030)
· Type Outlook (Revenue, USD Billion, 2019–2030)
o Aggregate Systems
1. Open System
2. Closed System
o Liquid Systems
· Structure Outlook (Revenue, USD Billion, 2019–2030)
o Shipping Container-based
· Equipment Outlook (Revenue, USD Billion, 2019–2030)
o Heating Ventilation and Air Conditioning (HVAC)
o Light-emitting Diode (LED)
o Grow Lights
o Irrigation Systems
o Material Handling Equipment
o Control Systems
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/vertical-farming-market
Vertical Farming Market Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered by the Vertical Farming Market Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Vertical Farming Market market?
What are the key product types and applications of the Vertical Farming Market industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Vertical Farming Market market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Vertical Farming Market Market by 2027?
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.