Europe Vertical Farming Crops Market Forecast to 2028 - COVID-19 Impact and Analysis - Crop Type (Tomato, Leafy Greens, Herbs, and Others), End-Use (Food Retail, and Food Service), and Farming Technique (Hydroponics, Aeroponics, and Aquaponics)

Europe Vertical Farming Crops Market Forecast to 2028 - COVID-19 Impact and Analysis - Crop Type (Tomato, Leafy Greens, Herbs, and Others), End-Use (Food Retail, and Food Service), and Farming Technique (Hydroponics, Aeroponics, and Aquaponics)

The vertical farming crops market in Europe is expected to grow from US$ 115.38 million in 2021 to US$ 360.16 million by 2028; it is estimated to grow at a CAGR of 17.7% from 2021 to 2028.

Crop production produces a huge amount of data. It always becomes crucial to analyze this data and draw insights for effective crop growth. The success of day-to-day operations depends on useful data collection and analysis, which requires crop-specific simulation models to run with minimum human interventions, taking care of all needs specific to a crop grown in the structure. Vertical farming structures depend on a solution that supports different hardware, data collection and integration, data analytics, and automatic control over installed Io T (internet of things) devices within the farm. Artificial intelligence (AI) can help the industry confront the biggest challenges, such as climatic changes and low availability of resources, from controlling major crop growth to predicting what crops would be delivering better yields. In current years, farmers on flat farms have been using new tools for making farming easier or better. They are using robots and drones to improve crop maintenance. The AI-controlled robots monitor the plant growth and continuously adjust the environmental factors to ensure more efficiency and economic output. Thus, artificial intelligence (AI) and the Internet of things (Io T) are key trends in the vertical farming crops market, thereby driving market growth.

The COVID-19 pandemic had been a significant worry for many European farmers, threatening agricultural labor access and complicating international supply chains. But for proponents of indoor farming, the crisis offered an opportunity. The COVID-19 pandemic prompted a spike in interest in ‘vertical farms’, where batches of crops can be individually watered, fed, and lit using LED lights, allowing them to be grown year-round with minimal labor requirements. With the COVID-19 outbreak, people are focused on healthy lifestyles and more sustainable plant-based diets. Thus, the vertical farming crops market benefitted from the COVID-19 pandemic.

Vendors can attract new customers and expand their footprints in emerging markets with the new features and technologies, thereby driving the Europe vertical farming crops market. The Europe vertical farming crops market is expected to grow at a significant CAGR during the forecast period.

Europe Vertical Farming Crops Market Revenue and Forecast to 2028 (US$ Million)

Europe Vertical Farming Crops Market Segmentation

Europe Vertical Farming Crops Market - By Crop Type

Tomato

Leafy Greens

Herbs

Others

Europe Vertical Farming Crops Market - By End-Use

Food Service

Food Retail

Europe Vertical Farming Crops Market - By Farming Technique

Hydroponics

Aeroponics

Aquaponics

Europe Vertical Farming Crops Market - By Country

Germany

UK

France

Italy

Russia

Rest of Europe

Europe Vertical Farming Crops Market - Companies Mentioned

Aero Farms

Crop One

Plantlab

Gotham Greens

Infarm

Agricool

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