Global Vertical Farming Plant Factory Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Vertical Farming Plant Factory Industry Forecast” looks at past sales and reviews total world Vertical Farming Plant Factory sales in 2022, providing a comprehensive analysis by region and market sector of projected Vertical Farming Plant Factory sales for 2023 through 2029. With Vertical Farming Plant Factory sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vertical Farming Plant Factory industry.
This Insight Report provides a comprehensive analysis of the global Vertical Farming Plant Factory landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vertical Farming Plant Factory portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vertical Farming Plant Factory market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vertical Farming Plant Factory and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vertical Farming Plant Factory.
The global Vertical Farming Plant Factory market size is projected to grow from US$ 5807.5 million in 2022 to US$ 63940 million in 2029; it is expected to grow at a CAGR of 63940 from 2023 to 2029.
The top 5 players only held about 6.57% of the market share, in terms of the globle vertical farming plant factory revenue in 2018. The market is highly fragmented and keep fragmenting.
This report presents a comprehensive overview, market shares, and growth opportunities of Vertical Farming Plant Factory market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Aeroponics
Hydroponics
Other
Segmentation by application
Vegetable Cultivation
Fruit Planting
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AeroFarms
Gotham Greens
Plenty (Bright Farms)
Lufa Farms
Beijing IEDA Protected Horticulture
Green Sense Farms
Garden Fresh Farms
Mirai
Sky Vegetables
TruLeaf
Urban Crops
Sky Greens
GreenLand
Scatil
Jingpeng
Metropolis Farms
Plantagon
Spread
Sanan Sino Science
Nongzhong Wulian
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vertical Farming Plant Factory market?
What factors are driving Vertical Farming Plant Factory market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vertical Farming Plant Factory market opportunities vary by end market size?
How does Vertical Farming Plant Factory break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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