Vertical Farming and Plant Factory Industry Research Report 2024

Vertical Farming and Plant Factory Industry Research Report 2024


Prime agricultural land can be scarce and expensive. With worldwide population growth, the demand for both more food and more land to grow food is ever increasing. One solution to our need for more space is vertical farming, involves growing crops in controlled Vegetable Cultivation environments, with precise light, nutrients, and temperatures. In vertical farming, growing plants are stacked in layers that may reach several stories tall.

According to APO Research, The global Vertical Farming and Plant Factory market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Vertical Farming and Plant Factory main players are AeroFarms, Gotham Greens, Spread, Nongzhong Wulian, etc. Global top four manufacturers hold a share about 10%. North America is the largest market, with a share over 55%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Vertical Farming and Plant Factory, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vertical Farming and Plant Factory.

The report will help the Vertical Farming and Plant Factory manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Vertical Farming and Plant Factory market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vertical Farming and Plant Factory market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

AeroFarms
Lufa Farms
Gotham Greens
Sky Greens
Plenty (Bright Farms)
Mirai
Spread
Scatil
TruLeaf
Sky Vegetables
GreenLand
Nongzhongwulian
SANANBIO
AgriGarden

Vertical Farming and Plant Factory segment by Type
Hydroponics
Aeroponics

Vertical Farming and Plant Factory segment by Application
Vegetable Cultivation
Fruit Planting
Others

Vertical Farming and Plant Factory Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Vertical Farming and Plant Factory market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Vertical Farming and Plant Factory and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Vertical Farming and Plant Factory.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Vertical Farming and Plant Factory manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Vertical Farming and Plant Factory by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Vertical Farming and Plant Factory in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Vertical Farming and Plant Factory by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Hydroponics
2.2.3 Aeroponics
2.3 Vertical Farming and Plant Factory by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Vegetable Cultivation
2.3.3 Fruit Planting
2.3.4 Others
2.4 Global Market Growth Prospects
2.4.1 Global Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Vertical Farming and Plant Factory Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Vertical Farming and Plant Factory Production Estimates and Forecasts (2019-2030)
2.4.4 Global Vertical Farming and Plant Factory Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Vertical Farming and Plant Factory Production by Manufacturers (2019-2024)
3.2 Global Vertical Farming and Plant Factory Production Value by Manufacturers (2019-2024)
3.3 Global Vertical Farming and Plant Factory Average Price by Manufacturers (2019-2024)
3.4 Global Vertical Farming and Plant Factory Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Vertical Farming and Plant Factory Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Vertical Farming and Plant Factory Manufacturers, Product Type & Application
3.7 Global Vertical Farming and Plant Factory Manufacturers, Date of Enter into This Industry
3.8 Global Vertical Farming and Plant Factory Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 AeroFarms
4.1.1 AeroFarms Vertical Farming and Plant Factory Company Information
4.1.2 AeroFarms Vertical Farming and Plant Factory Business Overview
4.1.3 AeroFarms Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 AeroFarms Product Portfolio
4.1.5 AeroFarms Recent Developments
4.2 Lufa Farms
4.2.1 Lufa Farms Vertical Farming and Plant Factory Company Information
4.2.2 Lufa Farms Vertical Farming and Plant Factory Business Overview
4.2.3 Lufa Farms Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 Lufa Farms Product Portfolio
4.2.5 Lufa Farms Recent Developments
4.3 Gotham Greens
4.3.1 Gotham Greens Vertical Farming and Plant Factory Company Information
4.3.2 Gotham Greens Vertical Farming and Plant Factory Business Overview
4.3.3 Gotham Greens Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Gotham Greens Product Portfolio
4.3.5 Gotham Greens Recent Developments
4.4 Sky Greens
4.4.1 Sky Greens Vertical Farming and Plant Factory Company Information
4.4.2 Sky Greens Vertical Farming and Plant Factory Business Overview
4.4.3 Sky Greens Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 Sky Greens Product Portfolio
4.4.5 Sky Greens Recent Developments
4.5 Plenty (Bright Farms)
4.5.1 Plenty (Bright Farms) Vertical Farming and Plant Factory Company Information
4.5.2 Plenty (Bright Farms) Vertical Farming and Plant Factory Business Overview
4.5.3 Plenty (Bright Farms) Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 Plenty (Bright Farms) Product Portfolio
4.5.5 Plenty (Bright Farms) Recent Developments
4.6 Mirai
4.6.1 Mirai Vertical Farming and Plant Factory Company Information
4.6.2 Mirai Vertical Farming and Plant Factory Business Overview
4.6.3 Mirai Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 Mirai Product Portfolio
4.6.5 Mirai Recent Developments
4.7 Spread
4.7.1 Spread Vertical Farming and Plant Factory Company Information
4.7.2 Spread Vertical Farming and Plant Factory Business Overview
4.7.3 Spread Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 Spread Product Portfolio
4.7.5 Spread Recent Developments
4.8 Scatil
4.8.1 Scatil Vertical Farming and Plant Factory Company Information
4.8.2 Scatil Vertical Farming and Plant Factory Business Overview
4.8.3 Scatil Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.8.4 Scatil Product Portfolio
4.8.5 Scatil Recent Developments
4.9 TruLeaf
4.9.1 TruLeaf Vertical Farming and Plant Factory Company Information
4.9.2 TruLeaf Vertical Farming and Plant Factory Business Overview
4.9.3 TruLeaf Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.9.4 TruLeaf Product Portfolio
4.9.5 TruLeaf Recent Developments
4.10 Sky Vegetables
4.10.1 Sky Vegetables Vertical Farming and Plant Factory Company Information
4.10.2 Sky Vegetables Vertical Farming and Plant Factory Business Overview
4.10.3 Sky Vegetables Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.10.4 Sky Vegetables Product Portfolio
4.10.5 Sky Vegetables Recent Developments
4.11 GreenLand
4.11.1 GreenLand Vertical Farming and Plant Factory Company Information
4.11.2 GreenLand Vertical Farming and Plant Factory Business Overview
4.11.3 GreenLand Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.11.4 GreenLand Product Portfolio
4.11.5 GreenLand Recent Developments
4.12 Nongzhongwulian
4.12.1 Nongzhongwulian Vertical Farming and Plant Factory Company Information
4.12.2 Nongzhongwulian Vertical Farming and Plant Factory Business Overview
4.12.3 Nongzhongwulian Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.12.4 Nongzhongwulian Product Portfolio
4.12.5 Nongzhongwulian Recent Developments
4.13 SANANBIO
4.13.1 SANANBIO Vertical Farming and Plant Factory Company Information
4.13.2 SANANBIO Vertical Farming and Plant Factory Business Overview
4.13.3 SANANBIO Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.13.4 SANANBIO Product Portfolio
4.13.5 SANANBIO Recent Developments
4.14 AgriGarden
4.14.1 AgriGarden Vertical Farming and Plant Factory Company Information
4.14.2 AgriGarden Vertical Farming and Plant Factory Business Overview
4.14.3 AgriGarden Vertical Farming and Plant Factory Production Capacity, Value and Gross Margin (2019-2024)
4.14.4 AgriGarden Product Portfolio
4.14.5 AgriGarden Recent Developments
5 Global Vertical Farming and Plant Factory Production by Region
5.1 Global Vertical Farming and Plant Factory Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Vertical Farming and Plant Factory Production by Region: 2019-2030
5.2.1 Global Vertical Farming and Plant Factory Production by Region: 2019-2024
5.2.2 Global Vertical Farming and Plant Factory Production Forecast by Region (2025-2030)
5.3 Global Vertical Farming and Plant Factory Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Vertical Farming and Plant Factory Production Value by Region: 2019-2030
5.4.1 Global Vertical Farming and Plant Factory Production Value by Region: 2019-2024
5.4.2 Global Vertical Farming and Plant Factory Production Value Forecast by Region (2025-2030)
5.5 Global Vertical Farming and Plant Factory Market Price Analysis by Region (2019-2024)
5.6 Global Vertical Farming and Plant Factory Production and Value, YOY Growth
5.6.1 North America Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
6 Global Vertical Farming and Plant Factory Consumption by Region
6.1 Global Vertical Farming and Plant Factory Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Vertical Farming and Plant Factory Consumption by Region (2019-2030)
6.2.1 Global Vertical Farming and Plant Factory Consumption by Region: 2019-2030
6.2.2 Global Vertical Farming and Plant Factory Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Vertical Farming and Plant Factory Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Vertical Farming and Plant Factory Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Vertical Farming and Plant Factory Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Vertical Farming and Plant Factory Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Vertical Farming and Plant Factory Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Vertical Farming and Plant Factory Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Vertical Farming and Plant Factory Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Vertical Farming and Plant Factory Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Vertical Farming and Plant Factory Production by Type (2019-2030)
7.1.1 Global Vertical Farming and Plant Factory Production by Type (2019-2030) & (MT)
7.1.2 Global Vertical Farming and Plant Factory Production Market Share by Type (2019-2030)
7.2 Global Vertical Farming and Plant Factory Production Value by Type (2019-2030)
7.2.1 Global Vertical Farming and Plant Factory Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Vertical Farming and Plant Factory Production Value Market Share by Type (2019-2030)
7.3 Global Vertical Farming and Plant Factory Price by Type (2019-2030)
8 Segment by Application
8.1 Global Vertical Farming and Plant Factory Production by Application (2019-2030)
8.1.1 Global Vertical Farming and Plant Factory Production by Application (2019-2030) & (MT)
8.1.2 Global Vertical Farming and Plant Factory Production by Application (2019-2030) & (MT)
8.2 Global Vertical Farming and Plant Factory Production Value by Application (2019-2030)
8.2.1 Global Vertical Farming and Plant Factory Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Vertical Farming and Plant Factory Production Value Market Share by Application (2019-2030)
8.3 Global Vertical Farming and Plant Factory Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Vertical Farming and Plant Factory Value Chain Analysis
9.1.1 Vertical Farming and Plant Factory Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Vertical Farming and Plant Factory Production Mode & Process
9.2 Vertical Farming and Plant Factory Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Vertical Farming and Plant Factory Distributors
9.2.3 Vertical Farming and Plant Factory Customers
10 Global Vertical Farming and Plant Factory Analyzing Market Dynamics
10.1 Vertical Farming and Plant Factory Industry Trends
10.2 Vertical Farming and Plant Factory Industry Drivers
10.3 Vertical Farming and Plant Factory Industry Opportunities and Challenges
10.4 Vertical Farming and Plant Factory Industry Restraints
11 Report Conclusion
12 Disclaimer

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