Global Vertical Farming Market Overview

Global Vertical Farming Market was valued at USD 2.81 billion in 2021 and is expected to reach USD 7.03 billion by the year 2028, at a CAGR of 14%.

Vertical farming is the process of cultivating crops in layers that are piled vertically. It frequently integrates soilless farming techniques such as hydroponics, Aquaponics, and Aeroponics, as well as controlled-environment agriculture, which tries to optimize plant development. Buildings, shipping containers, tunnels, and abandoned mine shafts are some of the most frequent structures used to house vertical farming systems. There will be approximately 30 hectares (74 acres) of operational vertical agriculture in the world by 2020. Dickson Despommier, a Columbia University professor of public and environmental health, created the contemporary concept of vertical farming in 1999. Despommier and his students devised a plan for a skyscraper farm capable of feeding 50,000 people. Even though the design has yet to be realized, it has succeeded in popularizing the concept of vertical farming. Vertical farming, when combined with other cutting-edge technologies like customized LED lights, has produced crop yields that are more than ten times higher than standard agricultural methods. Flowers, vegetables, and fruits can be cultivated both indoors and outside on building rooftops. These items are primarily utilized in households and small agricultural businesses.

The main benefit of vertical farming is the higher crop production that comes with a decreased unit area of land requirement. Another sought-after benefit is the enhanced ability to cultivate a wider variety of crops at once because crops do not share the same plots of land while growing. Additionally, since crops are grown indoors, they are more resistant to weather disturbances, resulting in fewer crops being lost due to extreme or unexpected weather events. Vertical farming is less disruptive to native plants and animals due to its limited land use, resulting in greater conservation of the local flora and fauna. 

Market Dynamics and Factors for the Vertical Farming Market:

Drivers:

Growing Demand and Necessity for the Innovative Farming
The increased demand for a range of foods and crops, as well as the growing worldwide population, necessitates a focus on alternative agricultural settings as a supplement to traditional cultivation. The vertical farming business is growing because of the decreasing quantity of arable land throughout the world and the growing need for food security. Growing climate changes, random metrological and geological phenomena such as tornadoes, hailstorms, floods, and droughts are all contributing to the continual loss of agriculture. Vertical farming techniques reduce reliance on current climatic conditions and maximize the utilization of fertile land. The technology is rapidly being used around the world to protect crops from natural disasters and other unpredictably changing conditions. Food security issues like usage, stability, accessibility, and availability can be addressed with the vertical farming method. With groundwater levels depleting and climatic change having a significant impact on agricultural activity, there is an increasing emphasis on alternative farming practices. Vertical farming is gaining significance over traditional agriculture because of population increase and the ever-widening imbalance between demand and availability of food. Vertical farming is a solution to the problem since it allows crops to be produced in small spaces and is not dependent on the environment or climatic conditions, assuring a constant supply of food.  Vertical farming has grown as a profitable agricultural technology in recent years, owing to several advantages such as reduced pesticide and water usage, low reliance on soil fertility, and human labor. Consumer demand for clean, organic food devoid of pesticides and genetically modified organisms is also driving the market. Consumers are seeking healthier options as the frequency of heart disease, obesity, and other life-threatening conditions rise, creating chances for growth.

As population populations grow and urban living becomes more popular, the worldwide vertical farming business has been steadily growing in recent years. According to Statista, the vertical farming business was worth 4.4 billion dollars in 2019, but that figure is predicted to rise to 15.7 billion dollars by 2025. Vertical farming's attraction in major cities stems from its ability to utilize vertical space while avoiding the need for extra land and construction activity. Vertical farming has been discovered to produce 240 times greater agricultural production with 99 percent less land, 95 percent less water, and zero chemicals. This means that, despite higher running expenses, vertical farms produce more crops, resulting in higher profits.

Restraints:

Lack of Technology and Limited Crop Type
Although many vertical farming technologies are still in their infancy, the market growth could be negative. Vertical farming should be able to produce cheaper crops with a long shelf life shortly, thanks to cutting-edge technology like Artificial Intelligence (AI) and Machine Learning (ML). This may not be economically feasible at this time, given current technology. Although a vertical farm can be tailored to accommodate the growth of any plant species, only a small number of them can be economically grown.

Opportunities:

AI For Vertical Farming: How Plenty Is Using Robotics to Revolutionize Urban Agriculture
According to Algorithmia's 2021 Enterprise Trends in Machine Learning report, more than half of the organizations questioned aim to rise spending on AI and ML in 2021, with 20% having already boosted their budgets. This indicates that a significant portion of recent business spending will go into the creation of AI-based technologies and tools in a variety of industries. One of the industries that are making use of AI's potential in farming and agriculture. Modern farmers and important agricultural sector stakeholders can track and control plant development using AI-powered tools and robotics, from soil, water, and light exposure to crop yield data. For instance, as part of its efforts to reinvent farming, a San Francisco-based agricultural technology business called Plenty has created an advanced climate-controlled vertical farming structure. These vertical farms, which are outfitted with AI-powered robots that handle watering, temperature, and lighting, can produce the equivalent of 720 acres of fruit and vegetable crops in just 2 acres of farmland. The facility also uses LED screens to simulate sunshine, allowing for more optimal development conditions around the clock.

Market Segmentation

By component, the lighting segment is expected to dominate the vertical farming market over the forecast period. LED systems are, in many respects, the best solution for indoor vertical growers. LED lighting systems can save anywhere from 40% to 70% more energy than systems that employ high-pressure sodium (HPS) or metal halide (MH) lamps, according to research (two of the most common lighting types used in indoor farming). LEDs also have a far longer lifespan than other lighting solutions. A typical LED bulb has a useable life of roughly 50,000 hours, which corresponds to nearly six years of continuous usage. Aside from these two major benefits, there are several other reasons why LEDs and vertical farming is a good match. Many vertical farming facilities develop crops using a series of stacked grow trays, often as many as a dozen layers high, to make the most of limited space. Thrive lights must be spread between each crop level for these crops to grow efficiently.

By growth mechanisms, the hydroponics segment is anticipated to hold the maximum vertical farming market share during the forecast period. For its inexpensive installation costs and ease of use, hydroponics is a popular growing method. It is a method of growing plants without soil in which a mineral solution is put around the plant roots to replace the soil. Furthermore, hydroponics technology eliminates the potential of disease transmission from soil organisms. The demand for hydroponics is projected to rise as customers become more aware of the dangers of pesticides. Because the nutrients are controlled better in hydroponically grown plants, they produce a higher yield than equivalent plants cultivated on the soil. Plant roots are submerged in a chemical solution and tested regularly to ensure that the proper chemical composition for growth is maintained.

By structure, the shipping container segment is expected to register the significant growth of the market over the forecast period due to the benefits it provides which allows the crops to grow without the limitation of geographic location. Benefits include portability and a reduction in the amount of space needed to cultivate the crops. Vertical farming systems are increasingly being housed in recycled shipping containers. The shipping containers are commonly outfitted with LED lighting, vertically stacked hydroponics, sophisticated climate controls, and monitoring sensors to act as standardized, modular chambers for growing a variety of plants. Furthermore, farms can save even more room by stacking shipping containers, resulting in a larger yield per unit area.

By crop type, the fruits and vegetable segment is expected to dominate the vertical farming market during the forecast period. Tomatoes, strawberries, lettuce, bell and chili peppers, cucumber, and leafy greens are among the most regularly grown vegetables, herbs, and fruits in various locales. One of the most significant considerations when growing any crop in vertical farming is to determine its economic feasibility, which ensures that the company will profit handsomely from its cultivation.

Players Covered in Vertical Farming market are :

• FarmVisionAI (US)
• AmHydro (US)
• Mirai Co. Ltd (Japan)
• Osram Licht AG (Germany)
• Freight Farms (US)
• AeroFarms LLC (US)
• Bright Farms (US)
• Sky Greens (Singapore)
• Spread Co. Ltd.; (Japan)
• Plenty Unlimited Inc. (the US)
• Future Crops (Netherlands)
• Vertical Farm Systems (Australia)
• Valoya (Finland)
• Everlight Electronics Co. Ltd. (Taiwan)
• Heliospectra AB (Sweden)
• Intelligent Growth Solutions (Scotland)
• Green Sense Farms (US)
• Agrilution Systems GmbH (Germany)
• Vertical Future Ltd (UK)
• Urban Crop solutions (Belgium)
• Bowery Farming (US)
• Agricool (France)
• Swegreen (Sweden)
• Sananbio (US)
• Growpod Solutions (US)
• Infarm (Germany)
• Altius Farms (US)
• Signify Holding (Netherlands)
• 4D BIOS INC (US)
• General Hydroponics Inc. (US) and other major players.

Regional Analysis for the Vertical Farming Market:

North America region is expected to dominate the vertical farming market over the forecast period. Growing worries about food security and nutrition are projected to provide the business with a slew of new chances to thrive. The US is expected to contribute a large amount to facilitating the ecosystem for future foods. The availability of freshly picked veggies across retail outlets is projected to rise in the country as more consumer insights toward "fresh-from-farm-to-table" develop (which is also the pioneer in adopting this concept). The emergence of urban population dwellings in cities like New York, Chicago, and Milwaukee has propelled the environment for vertical farming with activities like revamping derailed vacant warehouses, derelict buildings, and high rises, which has increased the production of fresh grown foods overall. New Aeroponics systems are being built in several promising sections of the country. AeroFarms, for example, is constructing a 69,000-square-foot farm near Newark that will produce 2.0 million pounds of leafy greens per year. The vertical farming concept has made inroads into the expanding cannabis sector in recent years, as corporations are incorporating various revenue streams to boost profits.

Due to the growing expansion of genetically modified crop technologies, Europe is expected to see significant growth throughout the forecast period. Furthermore, the growing use of nanotechnology and robots in agriculture is increasing regional market demand. Nanotechnology aids in the improvement of food packaging as well as disease and insect control. The European Environment Agency has undertaken several projects to construct vertical farms to address the difficulties of population increase and climate change, as well as to produce food in an environmentally responsible manner. As a result, there is potential for the market in the region to flourish.

Asia Pacific region is expected to witness remarkable growth in upcoming years owing to raising the consciousness among the farmers and people about the significance of alternative farming, due to less accessibility of fertile agricultural land and growing population in the region is the key factor expected to hasten the demand.

Key Industry Developments in the Vertical Farming Market:

• In June 2021, Osram Licht AG, a company based in Germany, has added Osconiq S 5050 to their horticulture range. It solves a major issue with white LED lighting, leading to cheaper energy costs and more efficient illumination for indoor farmers.
• In August 2021, the US-based company AeroFarms LLC has declared that it would extend to the Middle West region as part of a project with the World Wildlife Fund (WWF) and St. Louis Controlled Environment Agriculture Coalition (STLCEA) to demonstrate novel strategies to overcome the environmental footprint of indoor vertical farming.

COVID-19 Impact on the Vertical Farming Market:

All types of farming systems were influenced, more or less severely, by the various measures implemented by governments, such as reduced mobility, closure of public and private venues, and border restrictions, ranging from corporate agricultural production systems to small and medium scale entrepreneurs and smallholder subsistence farm households. To deal with the COVID-19 pandemic, all types of farming systems implemented a series of mechanisms, including the development of alternative value chains, food and agricultural product delivery systems, and the exponential use of digital means to communicate and maintain the viability of the various agricultural systems. Farmers' collective action and organization also proved to be an essential coping mechanism for certain farmers, allowing them to get inputs and provide outputs despite limited mobility, price fluctuation, and general uncertainty. Supply chain operations and logistics-related services were disrupted in almost every industry throughout the world. Vertical farming's growth has also been hampered by limited consumer and corporate spending, lockdown measures, and supply chain interruptions. The market is experiencing a downturn as a result of the Covid-19 epidemic, which has resulted in the closure of many SMEs, logistical disruptions, lockdowns, and other issues. The pandemic has forced governments all around the world to redirect their attention and resources to the healthcare sector. In addition, end-user demand decreased dramatically in 2020.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Growth Mechanism
 3.3 By Structure
 3.4 By Crop type

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Vertical Farming Market by Type
 5.1 Vertical Farming Market Overview Snapshot and Growth Engine
 5.2 Vertical Farming Market Overview
 5.3 Lighting
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Lighting: Grographic Segmentation
 5.4 Hydroponic Components
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Hydroponic Components: Grographic Segmentation
 5.5 Climate Control
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Climate Control: Grographic Segmentation
 5.6 Sensors
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Sensors: Grographic Segmentation
 5.7 Software
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Software: Grographic Segmentation
 5.8 Services
  5.8.1 Introduction and Market Overview
  5.8.2 Historic and Forecasted Market Size (2016-2028F)
  5.8.3 Key Market Trends, Growth Factors and Opportunities
  5.8.4 Services: Grographic Segmentation

Chapter 6: Vertical Farming Market by Growth Mechanism
 6.1 Vertical Farming Market Overview Snapshot and Growth Engine
 6.2 Vertical Farming Market Overview
 6.3 Hydroponics
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Hydroponics: Grographic Segmentation
 6.4 Aeroponics
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Aeroponics: Grographic Segmentation
 6.5 Aquaponics
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Aquaponics: Grographic Segmentation

Chapter 7: Vertical Farming Market by Structure
 7.1 Vertical Farming Market Overview Snapshot and Growth Engine
 7.2 Vertical Farming Market Overview
 7.3 Shipping Container
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Shipping Container: Grographic Segmentation
 7.4 Building-based
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Building-based: Grographic Segmentation

Chapter 8: Vertical Farming Market by Crop type
 8.1 Vertical Farming Market Overview Snapshot and Growth Engine
 8.2 Vertical Farming Market Overview
 8.3 Fruits & Vegetables
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Fruits & Vegetables: Grographic Segmentation
 8.4 Other Crop Types
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Other Crop Types: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Vertical Farming Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Vertical Farming Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Vertical Farming Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 FARMVISIONAI
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 AMHYDRO
 9.4 MIRAI CO. LTD.
 9.5 OSRAM LICHT AG
 9.6 FREIGHT FARMS
 9.7 AEROFARMS LLC
 9.8 BRIGHT FARMS
 9.9 SKY GREENS
 9.10 SPREAD CO. LTD.
 9.11 PLENTY UNLIMITED INC.
 9.12 FUTURE CROPS
 9.13 VERTICAL FARM SYSTEMS
 9.14 VALOYA
 9.15 EVERLIGHT ELECTRONICS CO. LTD.
 9.16 HELIOSPECTRA AB
 9.17 INTELLIGENT GROWTH SOLUTIONS
 9.18 GREEN SENSE FARMS
 9.19 AGRILUTION SYSTEMS GMBH
 9.20 VERTICAL FUTURE LTD
 9.21 URBAN CROP SOLUTIONS
 9.22 BOWERY FARMING
 9.23 AGRICOOL
 9.24 SWEGREEN
 9.25 SANANBIO
 9.26 GROWPOD SOLUTIONS
 9.27 INFARM
 9.28 ALTIUS FARMS
 9.29 SIGNIFY HOLDING
 9.30 4D BIOS INC
 9.31 GENERAL HYDROPONICS INC.
 9.32 OTHER MAJOR PLAYERS

Chapter 10: Global Vertical Farming Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Type
  10.2.1 Lighting
  10.2.2 Hydroponic Components
  10.2.3 Climate Control
  10.2.4 Sensors
  10.2.5 Software
  10.2.6 Services
 10.3 Historic and Forecasted Market Size By Growth Mechanism
  10.3.1 Hydroponics
  10.3.2 Aeroponics
  10.3.3 Aquaponics
 10.4 Historic and Forecasted Market Size By Structure
  10.4.1 Shipping Container
  10.4.2 Building-based
 10.5 Historic and Forecasted Market Size By Crop type
  10.5.1 Fruits & Vegetables
  10.5.2 Other Crop Types

Chapter 11: North America Vertical Farming Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Lighting
  11.4.2 Hydroponic Components
  11.4.3 Climate Control
  11.4.4 Sensors
  11.4.5 Software
  11.4.6 Services
 11.5 Historic and Forecasted Market Size By Growth Mechanism
  11.5.1 Hydroponics
  11.5.2 Aeroponics
  11.5.3 Aquaponics
 11.6 Historic and Forecasted Market Size By Structure
  11.6.1 Shipping Container
  11.6.2 Building-based
 11.7 Historic and Forecasted Market Size By Crop type
  11.7.1 Fruits & Vegetables
  11.7.2 Other Crop Types
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Vertical Farming Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Lighting
  12.4.2 Hydroponic Components
  12.4.3 Climate Control
  12.4.4 Sensors
  12.4.5 Software
  12.4.6 Services
 12.5 Historic and Forecasted Market Size By Growth Mechanism
  12.5.1 Hydroponics
  12.5.2 Aeroponics
  12.5.3 Aquaponics
 12.6 Historic and Forecasted Market Size By Structure
  12.6.1 Shipping Container
  12.6.2 Building-based
 12.7 Historic and Forecasted Market Size By Crop type
  12.7.1 Fruits & Vegetables
  12.7.2 Other Crop Types
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Vertical Farming Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Lighting
  13.4.2 Hydroponic Components
  13.4.3 Climate Control
  13.4.4 Sensors
  13.4.5 Software
  13.4.6 Services
 13.5 Historic and Forecasted Market Size By Growth Mechanism
  13.5.1 Hydroponics
  13.5.2 Aeroponics
  13.5.3 Aquaponics
 13.6 Historic and Forecasted Market Size By Structure
  13.6.1 Shipping Container
  13.6.2 Building-based
 13.7 Historic and Forecasted Market Size By Crop type
  13.7.1 Fruits & Vegetables
  13.7.2 Other Crop Types
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Vertical Farming Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Lighting
  14.4.2 Hydroponic Components
  14.4.3 Climate Control
  14.4.4 Sensors
  14.4.5 Software
  14.4.6 Services
 14.5 Historic and Forecasted Market Size By Growth Mechanism
  14.5.1 Hydroponics
  14.5.2 Aeroponics
  14.5.3 Aquaponics
 14.6 Historic and Forecasted Market Size By Structure
  14.6.1 Shipping Container
  14.6.2 Building-based
 14.7 Historic and Forecasted Market Size By Crop type
  14.7.1 Fruits & Vegetables
  14.7.2 Other Crop Types
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Vertical Farming Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 Lighting
  15.4.2 Hydroponic Components
  15.4.3 Climate Control
  15.4.4 Sensors
  15.4.5 Software
  15.4.6 Services
 15.5 Historic and Forecasted Market Size By Growth Mechanism
  15.5.1 Hydroponics
  15.5.2 Aeroponics
  15.5.3 Aquaponics
 15.6 Historic and Forecasted Market Size By Structure
  15.6.1 Shipping Container
  15.6.2 Building-based
 15.7 Historic and Forecasted Market Size By Crop type
  15.7.1 Fruits & Vegetables
  15.7.2 Other Crop Types
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. VERTICAL FARMING MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. VERTICAL FARMING MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. VERTICAL FARMING MARKET COMPETITIVE RIVALRY
TABLE 005. VERTICAL FARMING MARKET THREAT OF NEW ENTRANTS
TABLE 006. VERTICAL FARMING MARKET THREAT OF SUBSTITUTES
TABLE 007. VERTICAL FARMING MARKET BY TYPE
TABLE 008. LIGHTING MARKET OVERVIEW (2016-2028)
TABLE 009. HYDROPONIC COMPONENTS MARKET OVERVIEW (2016-2028)
TABLE 010. CLIMATE CONTROL MARKET OVERVIEW (2016-2028)
TABLE 011. SENSORS MARKET OVERVIEW (2016-2028)
TABLE 012. SOFTWARE MARKET OVERVIEW (2016-2028)
TABLE 013. SERVICES MARKET OVERVIEW (2016-2028)
TABLE 014. VERTICAL FARMING MARKET BY GROWTH MECHANISM
TABLE 015. HYDROPONICS MARKET OVERVIEW (2016-2028)
TABLE 016. AEROPONICS MARKET OVERVIEW (2016-2028)
TABLE 017. AQUAPONICS MARKET OVERVIEW (2016-2028)
TABLE 018. VERTICAL FARMING MARKET BY STRUCTURE
TABLE 019. SHIPPING CONTAINER MARKET OVERVIEW (2016-2028)
TABLE 020. BUILDING-BASED MARKET OVERVIEW (2016-2028)
TABLE 021. VERTICAL FARMING MARKET BY CROP TYPE
TABLE 022. FRUITS & VEGETABLES MARKET OVERVIEW (2016-2028)
TABLE 023. OTHER CROP TYPES MARKET OVERVIEW (2016-2028)
TABLE 024. NORTH AMERICA VERTICAL FARMING MARKET, BY TYPE (2016-2028)
TABLE 025. NORTH AMERICA VERTICAL FARMING MARKET, BY GROWTH MECHANISM (2016-2028)
TABLE 026. NORTH AMERICA VERTICAL FARMING MARKET, BY STRUCTURE (2016-2028)
TABLE 027. NORTH AMERICA VERTICAL FARMING MARKET, BY CROP TYPE (2016-2028)
TABLE 028. N VERTICAL FARMING MARKET, BY COUNTRY (2016-2028)
TABLE 029. EUROPE VERTICAL FARMING MARKET, BY TYPE (2016-2028)
TABLE 030. EUROPE VERTICAL FARMING MARKET, BY GROWTH MECHANISM (2016-2028)
TABLE 031. EUROPE VERTICAL FARMING MARKET, BY STRUCTURE (2016-2028)
TABLE 032. EUROPE VERTICAL FARMING MARKET, BY CROP TYPE (2016-2028)
TABLE 033. VERTICAL FARMING MARKET, BY COUNTRY (2016-2028)
TABLE 034. ASIA PACIFIC VERTICAL FARMING MARKET, BY TYPE (2016-2028)
TABLE 035. ASIA PACIFIC VERTICAL FARMING MARKET, BY GROWTH MECHANISM (2016-2028)
TABLE 036. ASIA PACIFIC VERTICAL FARMING MARKET, BY STRUCTURE (2016-2028)
TABLE 037. ASIA PACIFIC VERTICAL FARMING MARKET, BY CROP TYPE (2016-2028)
TABLE 038. VERTICAL FARMING MARKET, BY COUNTRY (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA VERTICAL FARMING MARKET, BY TYPE (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA VERTICAL FARMING MARKET, BY GROWTH MECHANISM (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA VERTICAL FARMING MARKET, BY STRUCTURE (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA VERTICAL FARMING MARKET, BY CROP TYPE (2016-2028)
TABLE 043. VERTICAL FARMING MARKET, BY COUNTRY (2016-2028)
TABLE 044. SOUTH AMERICA VERTICAL FARMING MARKET, BY TYPE (2016-2028)
TABLE 045. SOUTH AMERICA VERTICAL FARMING MARKET, BY GROWTH MECHANISM (2016-2028)
TABLE 046. SOUTH AMERICA VERTICAL FARMING MARKET, BY STRUCTURE (2016-2028)
TABLE 047. SOUTH AMERICA VERTICAL FARMING MARKET, BY CROP TYPE (2016-2028)
TABLE 048. VERTICAL FARMING MARKET, BY COUNTRY (2016-2028)
TABLE 049. FARMVISIONAI: SNAPSHOT
TABLE 050. FARMVISIONAI: BUSINESS PERFORMANCE
TABLE 051. FARMVISIONAI: PRODUCT PORTFOLIO
TABLE 052. FARMVISIONAI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. AMHYDRO: SNAPSHOT
TABLE 053. AMHYDRO: BUSINESS PERFORMANCE
TABLE 054. AMHYDRO: PRODUCT PORTFOLIO
TABLE 055. AMHYDRO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. MIRAI CO. LTD.: SNAPSHOT
TABLE 056. MIRAI CO. LTD.: BUSINESS PERFORMANCE
TABLE 057. MIRAI CO. LTD.: PRODUCT PORTFOLIO
TABLE 058. MIRAI CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. OSRAM LICHT AG: SNAPSHOT
TABLE 059. OSRAM LICHT AG: BUSINESS PERFORMANCE
TABLE 060. OSRAM LICHT AG: PRODUCT PORTFOLIO
TABLE 061. OSRAM LICHT AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. FREIGHT FARMS: SNAPSHOT
TABLE 062. FREIGHT FARMS: BUSINESS PERFORMANCE
TABLE 063. FREIGHT FARMS: PRODUCT PORTFOLIO
TABLE 064. FREIGHT FARMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. AEROFARMS LLC: SNAPSHOT
TABLE 065. AEROFARMS LLC: BUSINESS PERFORMANCE
TABLE 066. AEROFARMS LLC: PRODUCT PORTFOLIO
TABLE 067. AEROFARMS LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. BRIGHT FARMS: SNAPSHOT
TABLE 068. BRIGHT FARMS: BUSINESS PERFORMANCE
TABLE 069. BRIGHT FARMS: PRODUCT PORTFOLIO
TABLE 070. BRIGHT FARMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. SKY GREENS: SNAPSHOT
TABLE 071. SKY GREENS: BUSINESS PERFORMANCE
TABLE 072. SKY GREENS: PRODUCT PORTFOLIO
TABLE 073. SKY GREENS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. SPREAD CO. LTD.: SNAPSHOT
TABLE 074. SPREAD CO. LTD.: BUSINESS PERFORMANCE
TABLE 075. SPREAD CO. LTD.: PRODUCT PORTFOLIO
TABLE 076. SPREAD CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. PLENTY UNLIMITED INC.: SNAPSHOT
TABLE 077. PLENTY UNLIMITED INC.: BUSINESS PERFORMANCE
TABLE 078. PLENTY UNLIMITED INC.: PRODUCT PORTFOLIO
TABLE 079. PLENTY UNLIMITED INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. FUTURE CROPS: SNAPSHOT
TABLE 080. FUTURE CROPS: BUSINESS PERFORMANCE
TABLE 081. FUTURE CROPS: PRODUCT PORTFOLIO
TABLE 082. FUTURE CROPS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. VERTICAL FARM SYSTEMS: SNAPSHOT
TABLE 083. VERTICAL FARM SYSTEMS: BUSINESS PERFORMANCE
TABLE 084. VERTICAL FARM SYSTEMS: PRODUCT PORTFOLIO
TABLE 085. VERTICAL FARM SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. VALOYA: SNAPSHOT
TABLE 086. VALOYA: BUSINESS PERFORMANCE
TABLE 087. VALOYA: PRODUCT PORTFOLIO
TABLE 088. VALOYA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. EVERLIGHT ELECTRONICS CO. LTD.: SNAPSHOT
TABLE 089. EVERLIGHT ELECTRONICS CO. LTD.: BUSINESS PERFORMANCE
TABLE 090. EVERLIGHT ELECTRONICS CO. LTD.: PRODUCT PORTFOLIO
TABLE 091. EVERLIGHT ELECTRONICS CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. HELIOSPECTRA AB: SNAPSHOT
TABLE 092. HELIOSPECTRA AB: BUSINESS PERFORMANCE
TABLE 093. HELIOSPECTRA AB: PRODUCT PORTFOLIO
TABLE 094. HELIOSPECTRA AB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. INTELLIGENT GROWTH SOLUTIONS: SNAPSHOT
TABLE 095. INTELLIGENT GROWTH SOLUTIONS: BUSINESS PERFORMANCE
TABLE 096. INTELLIGENT GROWTH SOLUTIONS: PRODUCT PORTFOLIO
TABLE 097. INTELLIGENT GROWTH SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. GREEN SENSE FARMS: SNAPSHOT
TABLE 098. GREEN SENSE FARMS: BUSINESS PERFORMANCE
TABLE 099. GREEN SENSE FARMS: PRODUCT PORTFOLIO
TABLE 100. GREEN SENSE FARMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100. AGRILUTION SYSTEMS GMBH: SNAPSHOT
TABLE 101. AGRILUTION SYSTEMS GMBH: BUSINESS PERFORMANCE
TABLE 102. AGRILUTION SYSTEMS GMBH: PRODUCT PORTFOLIO
TABLE 103. AGRILUTION SYSTEMS GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103. VERTICAL FUTURE LTD: SNAPSHOT
TABLE 104. VERTICAL FUTURE LTD: BUSINESS PERFORMANCE
TABLE 105. VERTICAL FUTURE LTD: PRODUCT PORTFOLIO
TABLE 106. VERTICAL FUTURE LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 106. URBAN CROP SOLUTIONS: SNAPSHOT
TABLE 107. URBAN CROP SOLUTIONS: BUSINESS PERFORMANCE
TABLE 108. URBAN CROP SOLUTIONS: PRODUCT PORTFOLIO
TABLE 109. URBAN CROP SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 109. BOWERY FARMING: SNAPSHOT
TABLE 110. BOWERY FARMING: BUSINESS PERFORMANCE
TABLE 111. BOWERY FARMING: PRODUCT PORTFOLIO
TABLE 112. BOWERY FARMING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112. AGRICOOL: SNAPSHOT
TABLE 113. AGRICOOL: BUSINESS PERFORMANCE
TABLE 114. AGRICOOL: PRODUCT PORTFOLIO
TABLE 115. AGRICOOL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 115. SWEGREEN: SNAPSHOT
TABLE 116. SWEGREEN: BUSINESS PERFORMANCE
TABLE 117. SWEGREEN: PRODUCT PORTFOLIO
TABLE 118. SWEGREEN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 118. SANANBIO: SNAPSHOT
TABLE 119. SANANBIO: BUSINESS PERFORMANCE
TABLE 120. SANANBIO: PRODUCT PORTFOLIO
TABLE 121. SANANBIO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121. GROWPOD SOLUTIONS: SNAPSHOT
TABLE 122. GROWPOD SOLUTIONS: BUSINESS PERFORMANCE
TABLE 123. GROWPOD SOLUTIONS: PRODUCT PORTFOLIO
TABLE 124. GROWPOD SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124. INFARM: SNAPSHOT
TABLE 125. INFARM: BUSINESS PERFORMANCE
TABLE 126. INFARM: PRODUCT PORTFOLIO
TABLE 127. INFARM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 127. ALTIUS FARMS: SNAPSHOT
TABLE 128. ALTIUS FARMS: BUSINESS PERFORMANCE
TABLE 129. ALTIUS FARMS: PRODUCT PORTFOLIO
TABLE 130. ALTIUS FARMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 130. SIGNIFY HOLDING: SNAPSHOT
TABLE 131. SIGNIFY HOLDING: BUSINESS PERFORMANCE
TABLE 132. SIGNIFY HOLDING: PRODUCT PORTFOLIO
TABLE 133. SIGNIFY HOLDING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 133. 4D BIOS INC: SNAPSHOT
TABLE 134. 4D BIOS INC: BUSINESS PERFORMANCE
TABLE 135. 4D BIOS INC: PRODUCT PORTFOLIO
TABLE 136. 4D BIOS INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 136. GENERAL HYDROPONICS INC.: SNAPSHOT
TABLE 137. GENERAL HYDROPONICS INC.: BUSINESS PERFORMANCE
TABLE 138. GENERAL HYDROPONICS INC.: PRODUCT PORTFOLIO
TABLE 139. GENERAL HYDROPONICS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 139. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 140. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 141. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 142. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. VERTICAL FARMING MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. VERTICAL FARMING MARKET OVERVIEW BY TYPE
FIGURE 012. LIGHTING MARKET OVERVIEW (2016-2028)
FIGURE 013. HYDROPONIC COMPONENTS MARKET OVERVIEW (2016-2028)
FIGURE 014. CLIMATE CONTROL MARKET OVERVIEW (2016-2028)
FIGURE 015. SENSORS MARKET OVERVIEW (2016-2028)
FIGURE 016. SOFTWARE MARKET OVERVIEW (2016-2028)
FIGURE 017. SERVICES MARKET OVERVIEW (2016-2028)
FIGURE 018. VERTICAL FARMING MARKET OVERVIEW BY GROWTH MECHANISM
FIGURE 019. HYDROPONICS MARKET OVERVIEW (2016-2028)
FIGURE 020. AEROPONICS MARKET OVERVIEW (2016-2028)
FIGURE 021. AQUAPONICS MARKET OVERVIEW (2016-2028)
FIGURE 022. VERTICAL FARMING MARKET OVERVIEW BY STRUCTURE
FIGURE 023. SHIPPING CONTAINER MARKET OVERVIEW (2016-2028)
FIGURE 024. BUILDING-BASED MARKET OVERVIEW (2016-2028)
FIGURE 025. VERTICAL FARMING MARKET OVERVIEW BY CROP TYPE
FIGURE 026. FRUITS & VEGETABLES MARKET OVERVIEW (2016-2028)
FIGURE 027. OTHER CROP TYPES MARKET OVERVIEW (2016-2028)
FIGURE 028. NORTH AMERICA VERTICAL FARMING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. EUROPE VERTICAL FARMING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. ASIA PACIFIC VERTICAL FARMING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. MIDDLE EAST & AFRICA VERTICAL FARMING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. SOUTH AMERICA VERTICAL FARMING MARKET OVERVIEW BY COUNTRY (2016-2028)