Vertical Farming Market Robust Growth; Margins To Expand | Signify, Osram, Sky Greens
Research Reports
May 28, 2021
Global Vertical Farming Market Size study, by Structure (Shipping Container and Building-based), Offering (Lighting, Hydroponic Components, Climate Control and Sensors), Growing Mechanism (Hydroponics, Aeroponics and Aquaponics), Fruits, Vegetables, & Herbs (Tomato, Lettuce, Bell & Chili Peppers, Strawberry, Cucumber, Leafy Greens, Herbs and Others) and Regional Forecasts 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Vertical Farming market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Vertical Farming market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Key Segments Studied in the Global Vertical Farming Market
Global Vertical Farming Market is valued approximately USD 4.10 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 22 % over the forecast period 2020-2027. Vertical Farming is a process of farming in which the crops are grown in vertically stacked layers, it includes soilless farming techniques like hydroponics, aquaponics and aeroponics. The structures that are generally chosen for vertical farming systems are house, buildings, shipping containers, abandoned mine shafts and others. The increase in adoption of organic food due to increase in use of pesticides in traditional farming, rising use of Internet of Things (IoT) sensors for producing crops, effectiveness of vertical farming in maintaining reliability and stability of crop in adverse conditions, less use of water, low dependence on agricultural labors and lesser need for agrochemicals are the factors expected to fuel the demand . For instance, in 2019, according to the Organic Trade Association, sale of U.S. organic industry increased by around 5%.. However, few numbers of varieties and high initial investment will impedes the growth of the market over the forecast period of 2020-2027. Also, increasing use of big data, predictive analytics and rising automation in agriculture is likely to increase the market growth during the forecast period.
The regional analysis of global Vertical Farming market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the expansion of commercial and small-scale vertical farms. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising demand of organic food would create lucrative growth prospects for the Vertical Farming market across Asia-Pacific region.
Major market player included in this report are:
- 4D Bios Inc.
- AeroFarms
- Freight Farms
- Green Sense Farms, LLC
- BrightFarms Inc.
- Everlight Electronics Co., Ltd.
- Agrilution Systems GmbH
- Signify
- Osram
- Sky Greens
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Structure:
- Shipping Container
- Building-based
By Offering:
- Lighting
- Hydroponic Components
- Climate Control
- Sensors
By Growing Mechanism:
- Hydroponics
- Aeroponics
- Aquaponics
By Fruits, Vegetables, & Herbs:
- Tomato
- Lettuce
- Bell & Chili Peppers
- Strawberry
- Cucumber
- Leafy Greens
- Herbs
- Others
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
|
covid-19 scenario |
Market Behavior/ Level of Risk and Opportunity |
End Industry Behavior/ Opportunity Assessment |
Expected Industry Recovery Timeline |
Business Impact Horizon |
|
Opening of Economy by Q3 2020 |
xx |
xx |
xx |
xx |
|
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 |
xx |
xx |
xx |
xx |
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Vertical Farming Market Report:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Vertical Farming Market, by Region, 2018-2027 (USD Billion)
1.2.2. Vertical Farming Market, by Structure, 2018-2027 (USD Billion)
1.2.3. Vertical Farming Market, by Offering, 2018-2027 (USD Billion)
1.2.4. Vertical Farming Market, by Growing Mechanism, 2018-2027 (USD Billion)
1.2.5. Vertical Farming Market, by Fruits, Vegetables, & Herbs, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Vertical Farming Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Vertical Farming Market Dynamics
3.1. Vertical Farming Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Vertical Farming Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Vertical Farming Market, by Structure
5.1. Market Snapshot
5.2. Global Vertical Farming Market by Structure, Performance – Potential Analysis
5.3. Global Vertical Farming Market Estimates & Forecasts by Structure 2017-2027 (USD Billion)
5.4. Vertical Farming Market, Sub Segment Analysis
5.4.1. Shipping Container
5.4.2. Building-based
Chapter 6. Global Vertical Farming Market, by Offering
6.1. Market Snapshot
6.2. Global Vertical Farming Market by Offering, Performance – Potential Analysis
6.3. Global Vertical Farming Market Estimates & Forecasts by Offering 2017-2027 (USD Billion)
6.4. Vertical Farming Market, Sub Segment Analysis
6.4.1. Lighting
6.4.2. Hydroponic Components
6.4.3. Climate Control
6.4.4. Sensors
Chapter 7. Global Vertical Farming Market, by Growing Mechanism
7.1. Market Snapshot
7.2. Global Vertical Farming Market by Growing Mechanism, Performance – Potential Analysis
7.3. Global Vertical Farming Market Estimates & Forecasts by Growing Mechanism 2017-2027 (USD Billion)
7.4. Vertical Farming Market, Sub Segment Analysis
7.4.1. Hydroponics
7.4.2. Aeroponics
7.4.3. Aquaponics
Chapter 8. Global Vertical Farming Market, by Fruits, Vegetables, & Herbs
8.1. Market Snapshot
8.2. Global Vertical Farming Market by Fruits, Vegetables, & Herbs, Performance – Potential Analysis
8.3. Global Vertical Farming Market Estimates & Forecasts by Fruits, Vegetables, & Herbs 2017-2027 (USD Billion)
8.4. Vertical Farming Market, Sub Segment Analysis
8.4.1. Tomato
8.4.2. Lettuce
8.4.3. Bell & Chili Peppers
8.4.4. Strawberry
8.4.5. Cucumber
8.4.6. Leafy Greens
8.4.7. Herbs
8.4.8. Others
Chapter 9. Global Vertical Farming Market, Regional Analysis
9.1. Vertical Farming Market, Regional Market Snapshot
9.2. North America Vertical Farming Market
9.2.1. U.S. Vertical Farming Market
9.2.1.1. Structure breakdown estimates & forecasts, 2017-2027
9.2.1.2. Offering breakdown estimates & forecasts, 2017-2027
9.2.1.3. Growing Mechanism breakdown estimates & forecasts, 2017-2027
9.2.1.4. Fruits, Vegetables, & Herbs breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Vertical Farming Market
9.3. Europe Vertical Farming Market Snapshot
9.3.1. U.K. Vertical Farming Market
9.3.2. Germany Vertical Farming Market
9.3.3. France Vertical Farming Market
9.3.4. Spain Vertical Farming Market
9.3.5. Italy Vertical Farming Market
9.3.6. Rest of Europe Vertical Farming Market
9.4. Asia-Pacific Vertical Farming Market Snapshot
9.4.1. China Vertical Farming Market
9.4.2. India Vertical Farming Market
9.4.3. Japan Vertical Farming Market
9.4.4. Australia Vertical Farming Market
9.4.5. South Korea Vertical Farming Market
9.4.6. Rest of Asia Pacific Vertical Farming Market
9.5. Latin America Vertical Farming Market Snapshot
9.5.1. Brazil Vertical Farming Market
9.5.2. Mexico Vertical Farming Market
9.6. Rest of The World Vertical Farming Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. 4D Bios Inc.
10.2.1.1. Key InGrowing Mechanismation
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. AeroFarms
10.2.3. Freight Farms
10.2.4. Green Sense Farms, LLC
10.2.5. BrightFarms Inc.
10.2.6. Everlight Electronics Co., Ltd.
10.2.7. Agrilution Systems GmbH
10.2.8. Signify
10.2.9. Osram
10.2.10. Sky Greens
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
……..and view more in complete table of Contents
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