PORTLAND, OREGON, UNITED STATES, November 18, 2021 /EINPresswire.com/ — Vertical farming is a revolutionary approach used to produce food in vertically stacked layers such as in a skyscraper, used warehouse, or shipping container. It facilitates huge quantity of nutritious and quality fresh food without relying on favorable weather, high water usage, skilled labor, and high soil fertility. Moreover, it enables reliable yield and consistency along with climate control, and no effects of external environment factors such as disease, pest, or predator attacks.
Allied Market Research published a new report, titled, “Vertical Farming Market by Structure (Building-based Structure and Container-based Structure), Growth Mechanism (Hydroponics, Aeroponics, and Aquaponics), and Component (Irrigation Component, Lighting, Sensor, Climate Control, Building Material, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to a report, the vertical farming industry size was valued at $3.24 billion in 2020, and is projected to reach $24.11 billion by 2030, registering a CAGR of 22.9%. Asia-Pacific is expected to be the leading contributor in the global vertical farming market forecast period, followed by North America and Europe.
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The research offers an extensive analysis of key players active in the global Vertical Farming Market. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research.
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. These majpr market players further adopt various startegies such as product launch, agreements, partnership among others to increase the market demand. For instance, AeroFarms launched new culinary standard for flavor and freshness named Dream Greens, which are locally grown, pesticide free, non-GMO products, and offer consistent quality and availability year-round. The blends of baby greens feature consumer favorites such as baby kale and arugula, and some spicier newcomers including ruby streaks and baby watercress.
Key Benefits from Vertical Farming Market Report 2021-2030:
The report provides a qualitative and quantitative analysis of the current Vertical Farming Market trends, forecasts, and market size from 2021 to 2030 to determine new opportunities.
Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
Top impacting factors & major investment pockets are highlighted in the research.
The major countries in each region are analyzed and their revenue contribution is mentioned.
The market player positioning segment provides an understanding of the current position of the players active in the Vertical Farming Market.
The Vertical Farming Market report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
COVID-19 Pandemic disrupted the entire world and affected many industries.
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The report offers key drivers that propel the growth in the global Vertical Farming Market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.
The research offers a detailed segmentation of the global Vertical Farming Market. Key segments analyzed in the research include type, applications, and geography. Extensive analysis of sales, revenue, growth rate, and market share of each segment for the historic period and the forecast period is offered with the help of tables.
The Vertical Farming Market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
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Key offerings of the report:
Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
Competitive Landscape: Extensive insights on each of the leading Vertical Farming Market players for outlining competitive scenario and take steps accordingly.
Key Market Segments
• By Component
o Irrigation Component
o Smart Sensor
o Climate Control
o Building Material
• By Structure
o Building-based Vertical Farms
o Container-based Vertical Farms
• BY Growth mechnism
• By Region
o North America
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LAMEA
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.