Global Vertical Farming Market [2022-2029] | to Reach USD 20.91 Billion and Exhibit a CAGR of 25.9%
Posted on Jun 23 2022 5:45 AM
"Companies in the Vertical Farming Market are AeroFarms,BrightFarms,Plenty,Freight Farms, Inc,Illumitex Inc,4D Bios, Inc,Thrive Agritech,Heliospectra AB,Everlight Electronics,Signify,Osram "
The Global “Vertical Farming Market Size ” 2022 research report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Vertical Farming Market report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analysed the impact of COVID-19 (Corona Virus) on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.
Worldwide Vertical Farming Market size stood at USD 3.04 Billion in 2020 and is expected to reach USD 17.59 Billion by 2028, register a revenue CAGR of 25.2% during the forecast period.
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Increasing Number of Company Mergers Will Aid Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers have had the highest impact on market growth. The increasing investment in the development of newer vertical farming equipment, coupled with the efforts put in to acquire medium as well as small scale enterprises will contribute to the growth of the market. In 2017, Signify Holding. (Philips Lighting) announced a collaboration with Ecobain Gardens to build the first ever commercial vertical farm operation in Canada. This partnership offers customers attractive returns on investments via healthier, nutritious and rich foods that attract new customers. The report identifies a few of the leading company mergers of recent times and gauges their impact on the global vertical farming market growth in the forthcoming years.
Learning from the impacts of COVID-19
COVID-19 brought fast-moving and unexpected impacts for which many existing plans and teams were unprepared. But by learning the right lessons from the pandemic and building resilience for the next crisis, businesses have an opportunity to turn the COVID-19 disruption to their advantage
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Companies involved in the global Vertical Farming Market research report are:
- Freight Farms, Inc.
- Illumitex Inc.
- 4D Bios, Inc.
- Thrive Agritech
- Heliospectra AB
- Everlight Electronics
Vertical Farming Market Forecast:
- Market Size Forecast: Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Vertical Farming Market Historic Data:
- Industry Trends: Global Revenue, Status, and Outlook.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Geographic Segment Covered in the Report:
The Vertical Farming Market report offer insights and statistics about the market area which is further also divided into sub-regions and countries. For the purpose of this study, the report has been segmented into following regions and countries-
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
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Table of Content:
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Market Drivers
- Market Restraints
- Market Opportunities
- Value Chain
- Key Mergers, Acquisitions, Partnerships, etc.
- Covid-19 Impact on the Market
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