Vertical Farming Market to Grow Approximately 19.85% through 2025

1. Vertical Farming Market Forecast From 2019 to 2024

2. DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, The vertical farming market is projected to witness a CAGR of 19.85% during the forecast period to reach a total market size of US$10.563 billion by 2025, increasing from US$3.564 billion in 2019. Vertical farming is the urban agricultural practice of growing food crops in vertical stacked layers, vertically inclined surfaces, or integrated in other structures. Growing demand for pesticide-free food products owing to the rising health concerns and increasing population is facilitating investment in the research and development of modern agriculture methods. Vertical farming is practised in a closed environment, which makes it easier to monitor pests and diseases. Mounting demand for food to feed the public will boost the demand for vertical farming as it is feasible to produce fruits and vegetables around the year by providing the plant with suitable temperature, nutrition, and light among other factors.

3. Key Questions Answered By The Report • What will be Vertical Farming Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the Vertical Farming Market? • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

4. Segments Covered Under Vertical Farming Market  are : • By Type • Indoor • Outdoor • By Component • Platforms • Containers • Leds • Others • By Mechanis • Aeroponics • Hydroponics • Aquaponics

5. Geography North America US Canada Mexico South America Brazil    Argentina Colombia Others Europe United Kingdom Germany France Spain Italy Others

6. Geography Middle East and Africa UAE Saudi Arabia South Africa Asia Pacific China India Japan Australia South Korea Others

7. COMPANY PROFILES • Agrilution GmbH • Aerofarms • Hort Americas  • Illumitex  • Bright Agrotech • Everlight  • Koninklijke Philips N.V • Sky Greens • Modular Farms  • Suncore

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