Global Vertical Farming and Plant Factory Market Research Report 2023(Status and Outlook)
Report Overview
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.
The Global Vertical Farming and Plant Factory Market Size was estimated at USD 568.70 million in 2022 and is projected to reach USD 2651.61 million by 2029, exhibiting a CAGR of 24.60% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Vertical Farming and Plant Factory market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Vertical Farming and Plant Factory Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Vertical Farming and Plant Factory market in any manner.
Global Vertical Farming and Plant Factory Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
AeroFarms
Lufa Farms
Gotham Greens
Sky Greens
Plenty (Bright Farms)
Mirai
Spread
Scatil
TruLeaf
Sky Vegetables
GreenLand
Nongzhongwulian
SANANBIO
AgriGarden
Market Segmentation (by Type)
Hydroponics
Aeroponics
Market Segmentation (by Application)
Supermarkets & Hypermarkets
Convenience Stores
Online Stores
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Vertical Farming and Plant Factory Market
Overview of the regional outlook of the Vertical Farming and Plant Factory Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Vertical Farming and Plant Factory
- 1.2 Key Market Segments
- 1.2.1 Vertical Farming and Plant Factory Segment by Type
- 1.2.2 Vertical Farming and Plant Factory Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Vertical Farming and Plant Factory Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Vertical Farming and Plant Factory Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Vertical Farming and Plant Factory Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Vertical Farming and Plant Factory Market Competitive Landscape
- 3.1 Global Vertical Farming and Plant Factory Sales by Manufacturers (2018-2023)
- 3.2 Global Vertical Farming and Plant Factory Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Vertical Farming and Plant Factory Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Vertical Farming and Plant Factory Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Vertical Farming and Plant Factory Sales Sites, Area Served, Product Type
- 3.6 Vertical Farming and Plant Factory Market Competitive Situation and Trends
- 3.6.1 Vertical Farming and Plant Factory Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Vertical Farming and Plant Factory Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Vertical Farming and Plant Factory Industry Chain Analysis
- 4.1 Vertical Farming and Plant Factory Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Vertical Farming and Plant Factory Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Vertical Farming and Plant Factory Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Vertical Farming and Plant Factory Sales Market Share by Type (2018-2023)
- 6.3 Global Vertical Farming and Plant Factory Market Size Market Share by Type (2018-2023)
- 6.4 Global Vertical Farming and Plant Factory Price by Type (2018-2023)
- 7 Vertical Farming and Plant Factory Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Vertical Farming and Plant Factory Market Sales by Application (2018-2023)
- 7.3 Global Vertical Farming and Plant Factory Market Size (M USD) by Application (2018-2023)
- 7.4 Global Vertical Farming and Plant Factory Sales Growth Rate by Application (2018-2023)
- 8 Vertical Farming and Plant Factory Market Segmentation by Region
- 8.1 Global Vertical Farming and Plant Factory Sales by Region
- 8.1.1 Global Vertical Farming and Plant Factory Sales by Region
- 8.1.2 Global Vertical Farming and Plant Factory Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Vertical Farming and Plant Factory Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Vertical Farming and Plant Factory Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Vertical Farming and Plant Factory Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Vertical Farming and Plant Factory Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Vertical Farming and Plant Factory Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 AeroFarms
- 9.1.1 AeroFarms Vertical Farming and Plant Factory Basic Information
- 9.1.2 AeroFarms Vertical Farming and Plant Factory Product Overview
- 9.1.3 AeroFarms Vertical Farming and Plant Factory Product Market Performance
- 9.1.4 AeroFarms Business Overview
- 9.1.5 AeroFarms Vertical Farming and Plant Factory SWOT Analysis
- 9.1.6 AeroFarms Recent Developments
- 9.2 Lufa Farms
- 9.2.1 Lufa Farms Vertical Farming and Plant Factory Basic Information
- 9.2.2 Lufa Farms Vertical Farming and Plant Factory Product Overview
- 9.2.3 Lufa Farms Vertical Farming and Plant Factory Product Market Performance
- 9.2.4 Lufa Farms Business Overview
- 9.2.5 Lufa Farms Vertical Farming and Plant Factory SWOT Analysis
- 9.2.6 Lufa Farms Recent Developments
- 9.3 Gotham Greens
- 9.3.1 Gotham Greens Vertical Farming and Plant Factory Basic Information
- 9.3.2 Gotham Greens Vertical Farming and Plant Factory Product Overview
- 9.3.3 Gotham Greens Vertical Farming and Plant Factory Product Market Performance
- 9.3.4 Gotham Greens Business Overview
- 9.3.5 Gotham Greens Vertical Farming and Plant Factory SWOT Analysis
- 9.3.6 Gotham Greens Recent Developments
- 9.4 Sky Greens
- 9.4.1 Sky Greens Vertical Farming and Plant Factory Basic Information
- 9.4.2 Sky Greens Vertical Farming and Plant Factory Product Overview
- 9.4.3 Sky Greens Vertical Farming and Plant Factory Product Market Performance
- 9.4.4 Sky Greens Business Overview
- 9.4.5 Sky Greens Vertical Farming and Plant Factory SWOT Analysis
- 9.4.6 Sky Greens Recent Developments
- 9.5 Plenty (Bright Farms)
- 9.5.1 Plenty (Bright Farms) Vertical Farming and Plant Factory Basic Information
- 9.5.2 Plenty (Bright Farms) Vertical Farming and Plant Factory Product Overview
- 9.5.3 Plenty (Bright Farms) Vertical Farming and Plant Factory Product Market Performance
- 9.5.4 Plenty (Bright Farms) Business Overview
- 9.5.5 Plenty (Bright Farms) Vertical Farming and Plant Factory SWOT Analysis
- 9.5.6 Plenty (Bright Farms) Recent Developments
- 9.6 Mirai
- 9.6.1 Mirai Vertical Farming and Plant Factory Basic Information
- 9.6.2 Mirai Vertical Farming and Plant Factory Product Overview
- 9.6.3 Mirai Vertical Farming and Plant Factory Product Market Performance
- 9.6.4 Mirai Business Overview
- 9.6.5 Mirai Recent Developments
- 9.7 Spread
- 9.7.1 Spread Vertical Farming and Plant Factory Basic Information
- 9.7.2 Spread Vertical Farming and Plant Factory Product Overview
- 9.7.3 Spread Vertical Farming and Plant Factory Product Market Performance
- 9.7.4 Spread Business Overview
- 9.7.5 Spread Recent Developments
- 9.8 Scatil
- 9.8.1 Scatil Vertical Farming and Plant Factory Basic Information
- 9.8.2 Scatil Vertical Farming and Plant Factory Product Overview
- 9.8.3 Scatil Vertical Farming and Plant Factory Product Market Performance
- 9.8.4 Scatil Business Overview
- 9.8.5 Scatil Recent Developments
- 9.9 TruLeaf
- 9.9.1 TruLeaf Vertical Farming and Plant Factory Basic Information
- 9.9.2 TruLeaf Vertical Farming and Plant Factory Product Overview
- 9.9.3 TruLeaf Vertical Farming and Plant Factory Product Market Performance
- 9.9.4 TruLeaf Business Overview
- 9.9.5 TruLeaf Recent Developments
- 9.10 Sky Vegetables
- 9.10.1 Sky Vegetables Vertical Farming and Plant Factory Basic Information
- 9.10.2 Sky Vegetables Vertical Farming and Plant Factory Product Overview
- 9.10.3 Sky Vegetables Vertical Farming and Plant Factory Product Market Performance
- 9.10.4 Sky Vegetables Business Overview
- 9.10.5 Sky Vegetables Recent Developments
- 9.11 GreenLand
- 9.11.1 GreenLand Vertical Farming and Plant Factory Basic Information
- 9.11.2 GreenLand Vertical Farming and Plant Factory Product Overview
- 9.11.3 GreenLand Vertical Farming and Plant Factory Product Market Performance
- 9.11.4 GreenLand Business Overview
- 9.11.5 GreenLand Recent Developments
- 9.12 Nongzhongwulian
- 9.12.1 Nongzhongwulian Vertical Farming and Plant Factory Basic Information
- 9.12.2 Nongzhongwulian Vertical Farming and Plant Factory Product Overview
- 9.12.3 Nongzhongwulian Vertical Farming and Plant Factory Product Market Performance
- 9.12.4 Nongzhongwulian Business Overview
- 9.12.5 Nongzhongwulian Recent Developments
- 9.13 SANANBIO
- 9.13.1 SANANBIO Vertical Farming and Plant Factory Basic Information
- 9.13.2 SANANBIO Vertical Farming and Plant Factory Product Overview
- 9.13.3 SANANBIO Vertical Farming and Plant Factory Product Market Performance
- 9.13.4 SANANBIO Business Overview
- 9.13.5 SANANBIO Recent Developments
- 9.14 AgriGarden
- 9.14.1 AgriGarden Vertical Farming and Plant Factory Basic Information
- 9.14.2 AgriGarden Vertical Farming and Plant Factory Product Overview
- 9.14.3 AgriGarden Vertical Farming and Plant Factory Product Market Performance
- 9.14.4 AgriGarden Business Overview
- 9.14.5 AgriGarden Recent Developments
- 10 Vertical Farming and Plant Factory Market Forecast by Region
- 10.1 Global Vertical Farming and Plant Factory Market Size Forecast
- 10.2 Global Vertical Farming and Plant Factory Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Vertical Farming and Plant Factory Market Size Forecast by Country
- 10.2.3 Asia Pacific Vertical Farming and Plant Factory Market Size Forecast by Region
- 10.2.4 South America Vertical Farming and Plant Factory Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Vertical Farming and Plant Factory by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Vertical Farming and Plant Factory Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Vertical Farming and Plant Factory by Type (2024-2029)
- 11.1.2 Global Vertical Farming and Plant Factory Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Vertical Farming and Plant Factory by Type (2024-2029)
- 11.2 Global Vertical Farming and Plant Factory Market Forecast by Application (2024-2029)
- 11.2.1 Global Vertical Farming and Plant Factory Sales (K MT) Forecast by Application
- 11.2.2 Global Vertical Farming and Plant Factory Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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