by
According to the Foreclaro Global Research, the
Global
Vertical Farming Market size was valued at USD 6847.3 million in 2024. The report “Global
Vertical Farming Market Segmentation By Growth of Mechanisms
(Hydroponics, Aeroponics, Aquaponics), By Component (Lighting, Climate Control,
Sensor, Irrigation, Others), By Product (Lighting Devices, Hydroponic
Components, Climate Control Devices, Sensing Devices, Others), By Crop Category
(Fruits, Vegetables, & Herbs {Tomato, Lettuce, Bell & Chili Peppers,
Strawberry, Cucumber, Leafy Greens, Herbs, Others}, Flowers & Ornamentals
{Perennials, Annuals, Ornamentals}, Others)- Industry Trends and Forecast to 2033” gives a detailed insight into current
market dynamics and provides analysis on future market growth.
Vertical farming is a progressive technique of
developing vegetation in vertically stacked layers, typically in managed indoor
environments, along with warehouses, containers, or skyscrapers. It makes use
of superior strategies like hydroponics, aeroponics, and aquaponics to develop
vegetation without soil, substantially decreasing the need for land and water.
By controlling elements along with light, temperature, humidity, and nutrients,
vertical farming allows for year-spherical production, better crop yields, and
decreased reliance on pesticides. This technique is in particular precious in
city regions in which arable land is limited, assisting lessen meals
transportation fees and environmental impact. Technological advancements, which
include LED lighting, automation, IoT, and AI, are riding the boom of vertical
farming via way of means of improving performance and scalability. The
marketplace is witnessing multiplied funding from governments and personal
gamers alike, aiming to deal with meals security, sustainability, and the
demanding situations posed via way of means of weather change. Vertical farming
represents a promising answer for sustainable, high-tech agriculture of the
future.
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Global Vertical
Farming Market Report Highlights
· The
worldwide vertical farming marketplace is experiencing strong increase, pushed
via way of means of growing urbanization, restricted arable land, and growing
sustainable agricultural practices.
· Adoption
of superior technology, inclusive of hydroponics, aeroponics, aquaponics, LED
lighting, IoT, and AI, is remodeling productivity and performance in vertical
farming systems.
· Leafy
greens, herbs, tomatoes, strawberries, and microgreens dominate manufacturing
due to their speedy growth cycles and compatibility with indoor environments.
· North
America leads the marketplace, at the same time as Asia-Pacific is anticipated
to witness the quickest increase because of population pressure, city
expansion, and government support.
· Growing
investments via way of means of agritech startups and set up companies are
fueling innovation in automation, weather control, and nutrient transport
systems.
· High
capital costs, electricity consumption, restrained crop variety, and a lack of
technical understanding remain key demanding situations to large-scale vertical
farming adoption.
Foreclaro
Global Research has segmented the Vertical Farming Market report based on Growth
of Mechanism, Component, Product, Crop Category, and region:
Vertical Farming Market, Growth of Mechanism
Outlook (Revenue - USD Million, 2020 - 2033)
Hydroponics
Aeroponics
Aquaponics
Vertical Farming Market, Component Outlook
(Revenue - USD Million, 2020 - 2033)
Lighting
Climate Control
Sensor
Irrigation
Others
Vertical Farming Market, Product
Outlook (Revenue - USD Million, 2020 - 2033)
Lighting Devices
Hydroponic Components
Climate Control Devices
Sensing Devices
Others
Vertical Farming Market, Crop
Category Outlook (Revenue - USD Million, 2020 - 2033)
Fruits, Vegetables, & Herbs
·
Tomato
·
Lettuce
·
Bell
& Chili Peppers
·
Strawberry
·
Cucumber
·
Leafy
Greens
·
Herbs
·
Others
Flowers & Ornamentals
·
Perennials
·
Annuals
·
Ornamentals
Others
Vertical Farming Market, Regional
Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Vertical Farming Market Key Players
·
AeroFarms
·
Illumitex, Inc.
·
American Hydroponics
·
Agrilution GmbH
·
Brightfarms Inc.
·
Everlight Electronics Co., Ltd.
·
Freight Farms
·
GrowUp Urban Farms Ltd.
·
Green Sense Farms, LLC
·
Vertical Farm Systems
