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Vertical Farming Market 2021, Future Demand, Top Key-Players and Growth 2030
Increase in global demand for food and rapid increase in urbanization are some key factors driving market revenue growth

The latest Vertical Farming Market study,   blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2021 –  2030 .The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

Global vertical farming market size reached USD 3.09 Billion in 2021 and is expected to register a revenue CAGR of 23.5% during the forecast period, according to latest analysis by Emergen Research. Increase in global demand for food and rapid urbanization are expected to support market revenue growth during 2022-2030.

In addition, the rapid climate change caused by global warming has adversely affected the weather patterns, causing irregular rainfall, drought, desertification, thereby reducing agricultural productivity. Increasing population is expected to lead to a rise in global demand for food, which is further expected to increase demand for alternative agriculture practices such as vertical farming to ensure food security. This is expected to further accelerate revenue growth of the market during the forecast period.

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The report further divides the   Vertical Farming Market  into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the   Vertical Farming Market  

Key players in the market  AeroFarms, LLC, Agricool SAS, Sky Greens, Emirates Vertical Farming Farms, Freight Farms, Inc., Green Sense Farms Holdings, Inc., Heliospectra AB, LumiGrow, Inc., Signify Holding B.V., and Hydrofarm LLC.

 Covid 19 impact analysis :

The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The report provides a thorough estimation of the overall impact of the pandemic on the   Vertical Farming Market  nd its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the   Vertical Farming Market  

  Vertical Farming Market  Segmentation

Emergen Research has segmented global vertical farming market on the basis of system, type, structure, equipment, and region:

·        System Outlook (Revenue, USD Billion, 2019–2030)

o   Hydroponics

o   Aeroponics

o   Aquaponics

·        Type Outlook (Revenue, USD Billion, 2019–2030)

o   Aggregate Systems

1.      Open System

2.      Closed System

o   Liquid Systems

·        Structure Outlook (Revenue, USD Billion, 2019–2030)

o   Building-based

o   Shipping Container-based

·        Equipment Outlook (Revenue, USD Billion, 2019–2030)

o   Heating Ventilation and Air Conditioning (HVAC)

o   Light-emitting Diode (LED)

o   Grow Lights

o   Irrigation Systems

o   Material Handling Equipment

o   Control Systems

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Vertical Farming Market  Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Answered by the   Vertical Farming Market  Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the   Vertical Farming Market  market?

What are the key product types and applications of the   Vertical Farming Market  industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the   Vertical Farming Market  market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the   Vertical Farming Market  Market by 2027?

 

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.