Vertical Farming Market Size, Share, Industry Outlook 2030

 

The global vertical farming market size was valued at US$ 4.7 billion in 2023 and is expected to reach US$ 16.7 billion by 2030, at a CAGR of 23.3% from 2024-2030. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the Vertical Farming Market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.  

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The global Vertical Farming Market segmentation:
1) By Component: Lighting, Hydroponic Components, Climate Control, Sensors Others) Structure (Shipping Container, Building-based.
2) By Mechanism: Hydroponics, Aeroponics, Aquaponics.
3) By Crop Type: Fruits and Vegetables, Leafy Greens, Nutraceutical Plants Others.

The primary factors of the Vertical Farming Market drivers are rise in demand for fresh, local, and organic food. The Vertical Farming Market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.

The Vertical Farming Market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the Vertical Farming Market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.

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The important profiles and strategies adopted by the Vertical Farming Market key players are 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 is covered here to help them in strengthening their place in the market.

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