#Vertical Farming Market Size

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Vertical Farming Market Recent Trends and Growth Analysis Report 2024 – 2030

The global vertical farming market size is expected to reach USD USD 24.95 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.1% from 2023 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.

Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over the traditional farming technique, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labor. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.

Genetically modified organisms and the environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019 owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.

Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market

Detailed Segmentation:

Market Concentration & Characteristics

The vertical farming market growth stage is high. The vertical farming market is witnessing a significant degree of innovation, marked by the adoption of advanced technologies such as sensors and cameras in order to enhance resource efficiency, increase yields, and address challenges such as limited space and environmental constraints. Also, technologies such as hydroponics, aeroponics, LED grow lights, and automation systems are commonly employed to enhance efficiency and crop quality.

Market Dynamics

The growth of the vertical farming market is attributed to factors such as steady population growth, government incentives, limited availability of cultivable land, and the increasing demand for high-quality and fresh food. Moreover, the increasing consumer demand for organic food is positively impacting the growth of the vertical farming market, creating favorable business opportunities. With consumers placing a higher value on organic products, vertical farming is a viable solution to meet this demand.

Component Insights

On the basis of components, vertical farming market is segmented into hardware, software, and services. The hardware segment accounted for the largest market share in 2022. Hardware plays a significant role in maintaining an environment in vertical farming. The segment is further categorized into lighting, hydroponic components, climate control, and sensors. The lighting segment led the market and accounted for more than 44.46% of global hardware revenue in 2022. A large share of the lighting segment can be attributed to the dependence of vertical farms on artificial lighting. Artificial lights provide sufficient light intensities required for crop growth. The climate control segment is expected to register the highest CAGR of 20.6% over forecast period. Increasing adoption of hydroponic components by farmers to minimize weight load and infrastructure needed to support equipment is anticipated to drive demand for hydroponic components.

Growing Mechanism Insights

The Hydroponics segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Hydroponics is a popular growth mechanism due to low installation costs and ease of operations. It is a method of growing plants without soil, where soil is replaced by mineral solution inserted around plant roots. Additionally, the hydroponics method removes the risk of soil organisms causing diseases.

Crop Category Insights

The fruits, vegetables, & herbs segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Increasing cultivation of commonly grown fruits and vegetables in vertical farming is driving segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation. At the same time, vertical farming improves biodiversity as it does not cause land disturbances. As such, vertical farming is in high demand for growing different types of crops. Further, fruits, vegetables, & herbs are segmented into tomato, lettuce, bell, chili peppers, strawberry, cucumber, leafy greens (excluding lettuce), herbs, and others. Among which tomatoes segment led the market and accounted for more than 24.23% of global fruits, vegetables, & herbs revenue in 2022. 

Structure Insights

The shipping container segment dominated the market with a share of about 53.32% in 2022 and is expected to remain dominant between 2023 and 2030. This growth is attributed to the ability of structure to help grow crops irrespective of geographic location. One of the primary benefits of container-based farming is that container farms are easy to transport, and one doesn't require a large piece of land or dedicated building to start cultivating.

Regional Insights

In terms of revenue, Europe dominated the vertical farming market in 2022 with a share of approximately 31.7% and is expected to remain dominant between 2023 and 2030. Growing awareness regarding the importance of alternative farming owing to less availability of fertile agricultural land and increasing population in the region is the key factor anticipated to spur the demand.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global synthetic data generation market size was valued at USD 218.4 million in 2023 and is projected to grow at a CAGR of 35.3% from 2024 to 2030. 

• The global service virtualization market size was valued at USD 786.0 Million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2030. 

Key Companies & Market Share Insights

Some of the key players operating in the market include Agrilution GmbH; Aerofarm; Brightfarms Inc.; Everlight Electronics Co., Ltd; Freight Farms; GrowUp Urban Farms Ltd.; Green Sense Farms, LLC; Vertical Farm Systems.

• Vertical Farm Systems is engaged in the development of fully automated growing systems with reusable medium and energy efficient climate cells. The company utilizes artificial intelligence (AI) and automation for optimized growing conditions.

• Brightfarms Inc., is an indoor farming company that provides fresh packaged salad. The company sells their product locally that are grown in controlled environment. The company is inclined towards development of efficient vertical farming system with a focus on resource efficiency and sustainable practices.

Key Vertical Farming Companies:

• AeroFarms (U.S.)

• Illumitex, Inc. (U.S.)

• American Hydroponics (U.S.)

• Agrilution GmbH

• Brightfarms Inc.

• Everlight Electronics Co., Ltd.

• Freight Farms

• GrowUp Urban Farms Ltd.

• Green Sense Farms, LLC

• Vertical Farm Systems.

Vertical Farming Market Segmentation

Grand View Research has segmented the global vertical farming market report based on structure, growing mechanism, crop category and region

Vertical Farming Structure Outlook (Revenue, USD Million, 2017 - 2030)

• Shipping Container

• Building-based

Vertical Farming Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware

o Lighting

o Hydroponic components

o Climate control

o Sensors

• Software

• Services

o System Integration & Consulting

o Managed Services

o Assisted Professional Services

Vertical Farming Growing Mechanism Outlook (Revenue, USD Million, 2017 - 2030)

• Hydroponics

• Aeroponics

• Aquaponics

Vertical Farming Crop Category Outlook (Revenue, USD Million, 2017- 2030)

• Fruits Vegetables, & Herbs

o Tomato

o Lettuce

o Bell & Chili Peppers

o Strawberry

o Cucumber

o Leafy Greens (excluding lettuce)

o Herbs

o Others

• Flowers & Ornamentals

o Perennials

o Annuals

o Ornamentals

• Others (Cannabis, Microgreens)

Vertical Farming Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

• Asia Pacific

o China

o Japan

o India

o Singapore

o South Korea

• South America

o Brazil

• Middle East and Africa (MEA)

Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.

Recent Developments

• In March 2023, BrightFarms, a pioneer in the indoor farming industry, is growing by establishing four additional regional greenhouse centers that introduce sustainably farmed leafy greens to a broader audience in the Eastern and Central United States. The newly built greenhouse centers are expected to meet the rising demand for organic food and initiate distribution to retailers by 2024. With this expansion, the company is expecting 10x revenue growth by 2024.

• In February 2023, AeroFarms and Public Investment Fund (PIF), a wealth funding body of Saudi Arabia, announced a joint venture to establish indoor vertical farms in the Middle East and Saudi Arabia.

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Vertical Farming Industry Competitive Landscape and Industry Analysis 2030

The global vertical farming market was valued at USD 6.92 billion in 2023, with a projected compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. This rapid growth is attributed to the increasing adoption of environment-friendly methods for producing fruits and vegetables. As the global population continues to rise, urban agriculture has become essential to meet the demand for food in densely populated areas.

Vertical farming involves growing food in stacked layers, which may be set up in warehouses, skyscrapers, or even repurposed shipping containers. The popularity of organic foods, often considered healthier and more nutritious, has bolstered demand for vertically farmed produce due to its eco-friendly image. Consumer preferences for organic food also impact producers, policymakers, and suppliers, as they develop marketing strategies to cater to these health-conscious and environmentally aware consumers.

Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market

Health concerns such as obesity and heart disease have led many people to seek healthier food options, increasing the demand for organic produce. Additionally, issues like groundwater depletion and changing climate conditions have encouraged traditional farmers to explore alternative farming methods. Vertical farming allows for year-round crop production, which significantly boosts productivity compared to traditional farming. Controlled environment agriculture (CEA) techniques enable these indoor farms to maintain ideal growing conditions through artificial environmental controls, including lighting, temperature, and fertigation (the application of fertilizers through irrigation).

The need for high-quality, reliable food sources is also driven by urbanization and population growth. The adoption of vertical farming techniques addresses this demand by enabling crops to be grown in urban spaces, such as multi-story buildings or warehouses. As the global population is expected to increase significantly by 2030, vertical farming offers a viable solution to meet food production needs.

Growing Mechanism Segmentation Insights:

Among the various growing mechanisms used in vertical farming, hydroponics held the largest market share in 2022 and is expected to remain the dominant method from 2023 to 2030. Hydroponics is popular due to its relatively low installation costs and simplicity in operation. This method involves growing plants without soil; instead, the plants’ roots are placed in a nutrient-rich mineral solution. Hydroponics minimizes the risk of soil-borne diseases, which makes it an efficient choice for many farmers. Additionally, hydroponic systems typically produce higher yields than soil-based growing systems, as they allow for precise control over nutrient levels. The plants’ roots are immersed in a solution that is periodically checked and adjusted to maintain the ideal nutrient balance.

Consumer awareness of pesticide effects has further boosted demand for hydroponic farming, as it allows for pesticide-free growth. Hydroponic systems also reduce water usage and space requirements, making it highly efficient and environmentally friendly.

The aquaponics segment is expected to gain a notable share of the market during the forecast period. Aquaponics combines hydroponics with aquaculture, creating a closed-loop system where fish waste provides nutrients for plants. This eliminates the need for artificial fertilizers and pesticides, making aquaponics an entirely natural and sustainable system. Plants like lettuce, kale, chives, peppers, mint, cucumbers, and peas are well-suited to aquaponic growth. Fish waste in the water enriches the nutrient levels, accelerating crop production while simultaneously supporting fish growth. This system is sustainable, eliminates the need for chemical fertilizers, and is particularly attractive for consumers and farmers focused on organic and eco-friendly production.

The aeroponics segment is also projected to experience significant growth over the coming years. Like hydroponics, aeroponics does not rely on soil; however, it does not even use a growing medium. Instead, plant roots are suspended in the air within a dark chamber and periodically misted with a nutrient-rich solution. This approach allows for maximum oxygenation of the roots, which promotes faster and healthier plant growth. Aeroponics is considered one of the most efficient growing methods, as it allows plants to grow quickly and with minimal water usage. The lack of soil and medium also reduces contamination risks, making aeroponics an ideal option for producing high-quality produce with minimal resource usage.

Each of these vertical farming methods hydroponics, aquaponics, and aeroponics offers unique advantages, and the continued growth of these segments reflects the demand for sustainable, efficient, and pesticide-free food production systems.

Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.

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Vertical Farming Market Growth Prospect, Distributor Analysis & Applications Insights 2030

The global vertical farming market was valued at USD 6.92 billion in 2023, with a projected compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. This rapid growth is attributed to the increasing adoption of environment-friendly methods for producing fruits and vegetables. As the global population continues to rise, urban agriculture has become essential to meet the demand for food in densely populated areas.

Vertical farming involves growing food in stacked layers, which may be set up in warehouses, skyscrapers, or even repurposed shipping containers. The popularity of organic foods, often considered healthier and more nutritious, has bolstered demand for vertically farmed produce due to its eco-friendly image. Consumer preferences for organic food also impact producers, policymakers, and suppliers, as they develop marketing strategies to cater to these health-conscious and environmentally aware consumers.

Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market

Health concerns such as obesity and heart disease have led many people to seek healthier food options, increasing the demand for organic produce. Additionally, issues like groundwater depletion and changing climate conditions have encouraged traditional farmers to explore alternative farming methods. Vertical farming allows for year-round crop production, which significantly boosts productivity compared to traditional farming. Controlled environment agriculture (CEA) techniques enable these indoor farms to maintain ideal growing conditions through artificial environmental controls, including lighting, temperature, and fertigation (the application of fertilizers through irrigation).

The need for high-quality, reliable food sources is also driven by urbanization and population growth. The adoption of vertical farming techniques addresses this demand by enabling crops to be grown in urban spaces, such as multi-story buildings or warehouses. As the global population is expected to increase significantly by 2030, vertical farming offers a viable solution to meet food production needs.

Growing Mechanism Segmentation Insights:

Among the various growing mechanisms used in vertical farming, hydroponics held the largest market share in 2022 and is expected to remain the dominant method from 2023 to 2030. Hydroponics is popular due to its relatively low installation costs and simplicity in operation. This method involves growing plants without soil; instead, the plants’ roots are placed in a nutrient-rich mineral solution. Hydroponics minimizes the risk of soil-borne diseases, which makes it an efficient choice for many farmers. Additionally, hydroponic systems typically produce higher yields than soil-based growing systems, as they allow for precise control over nutrient levels. The plants’ roots are immersed in a solution that is periodically checked and adjusted to maintain the ideal nutrient balance.

Consumer awareness of pesticide effects has further boosted demand for hydroponic farming, as it allows for pesticide-free growth. Hydroponic systems also reduce water usage and space requirements, making it highly efficient and environmentally friendly.

The aquaponics segment is expected to gain a notable share of the market during the forecast period. Aquaponics combines hydroponics with aquaculture, creating a closed-loop system where fish waste provides nutrients for plants. This eliminates the need for artificial fertilizers and pesticides, making aquaponics an entirely natural and sustainable system. Plants like lettuce, kale, chives, peppers, mint, cucumbers, and peas are well-suited to aquaponic growth. Fish waste in the water enriches the nutrient levels, accelerating crop production while simultaneously supporting fish growth. This system is sustainable, eliminates the need for chemical fertilizers, and is particularly attractive for consumers and farmers focused on organic and eco-friendly production.

The aeroponics segment is also projected to experience significant growth over the coming years. Like hydroponics, aeroponics does not rely on soil; however, it does not even use a growing medium. Instead, plant roots are suspended in the air within a dark chamber and periodically misted with a nutrient-rich solution. This approach allows for maximum oxygenation of the roots, which promotes faster and healthier plant growth. Aeroponics is considered one of the most efficient growing methods, as it allows plants to grow quickly and with minimal water usage. The lack of soil and medium also reduces contamination risks, making aeroponics an ideal option for producing high-quality produce with minimal resource usage.

Each of these vertical farming methods hydroponics, aquaponics, and aeroponics offers unique advantages, and the continued growth of these segments reflects the demand for sustainable, efficient, and pesticide-free food production systems.

Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.

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Vertical Farming Market Product Overview, Research, Share by Types and Region till 2030

The global vertical farming market was valued at USD 6.92 billion in 2023, with a projected compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. This rapid growth is attributed to the increasing adoption of environment-friendly methods for producing fruits and vegetables. As the global population continues to rise, urban agriculture has become essential to meet the demand for food in…

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Vertical Farming Market Size, Share, Statistics and Industry Growth Analysis Report by Growth Mechanism (Hydroponics, Aeroponics, Aquaponics), Structure (Building-based and Shipping container-based), Crop Type, Offering (Lighting, Sensors, Climate Control, Software, Services) & Region - Global Forecast to 2028

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Vertical Farming Market Size.

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Indoor Farming Market market Forecast By Industry Outlook By Forecast Period 2024-2032

Indoor Farming Market Growth Strategic Market Overview and Growth Projections

The global indoor farming market size was valued at USD 18,160.9 million in 2021. It is expected to reach USD 34,240.09 by 2030, growing at a CAGR of 7.3% during the forecast period (2022–2030).

The latest Global Indoor Farming Market by straits research provides an in-depth analysis of the Indoor Farming Market, including its future growth potential and key factors influencing its trajectory. This comprehensive report explores crucial elements driving market expansion, current challenges, competitive landscapes, and emerging opportunities. It delves into significant trends, competitive strategies, and the role of key industry players shaping the global Indoor Farming Market. Additionally, it provides insight into the regulatory environment, market dynamics, and regional performance, offering a holistic view of the global market’s landscape through 2032.

Competitive Landscape

Some of the prominent key players operating in the Indoor Farming Market are 

AeroFarms

Bright Farms Inc.

Bowery Inc.

FreshBox Farms

Metropolis Farms Inc.

Garden Fresh Farms

Village Farms International Inc.

Green Sense Farms LLC

Sky Greens (Sky Urban Solutions)

Get Free Request Sample Report @ https://straitsresearch.com/report/indoor-farming-market/request-sample

The Indoor Farming Market Research report delivers comprehensive annual revenue forecasts alongside detailed analysis of sales growth within the market. These projections, developed by seasoned analysts, are grounded in a deep exploration of the latest industry trends. The forecasts offer valuable insights for investors, highlighting key growth opportunities and industry potential. Additionally, the report provides a concise dashboard overview of leading organizations, showcasing their effective marketing strategies, market share, and the most recent advancements in both historical and current market landscapes.Global Indoor Farming Market: Segmentation

The Indoor Farming Market segmentation divides the market into multiple sub-segments based on product type, application, and geographical region. This segmentation approach enables more precise regional and country-level forecasts, providing deeper insights into market dynamics and potential growth opportunities within each segment.

By Growing System

Aeroponics

Hydroponics

Aquaponics

Soil-based

Hybrid

By Facility Type

Glass or Poly Greenhouses

Indoor Vertical Farms

Container Farms

Indoor Deep-Water Culture Systems

Other Facility Types

By Crop Type

Fruits and Vegetables

Herbs and Microgreens

Flowers and Ornamentals

Other Crop Types

Stay ahead of the competition with our in-depth analysis of the market trends!

Buy Now @ https://straitsresearch.com/buy-now/indoor-farming-market

Market Highlights:

A company's revenue and the applications market are used by market analysts, data analysts, and others in connected industries to assess product values and regional markets.

But not limited to: reports from corporations, international Organization, and governments; market surveys; relevant industry news.

Examining historical market patterns, making predictions for the year 2022, as well as looking forward to 2032, using CAGRs (compound annual growth rates)

Historical and anticipated data on demand, application, pricing, and market share by country are all included in the study, which focuses on major markets such the United States, Europe, and China.

Apart from that, it sheds light on the primary market forces at work as well as the obstacles, opportunities, and threats that suppliers face. In addition, the worldwide market's leading players are profiled, together with their respective market shares.

Goals of the Study

What is the overall size and scope of the Indoor Farming Market market?

What are the key trends currently influencing the market landscape?

Who are the primary competitors operating within the Indoor Farming Market market?

What are the potential growth opportunities for companies in this market?

What are the major challenges or obstacles the market is currently facing?

What demographic segments are primarily targeted in the Indoor Farming Market market?

What are the prevailing consumer preferences and behaviors within this market?

What are the key market segments, and how do they contribute to the overall market share?

What are the future growth projections for the Indoor Farming Market market over the next several years?

How do regulatory and legal frameworks influence the market?

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

Contact Us

Email: sales@straitsresearch.com 

Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

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Vermeer Expands Equipment Line with Bunning Manure Spreaders A Game-Changer for Livestock Producers In a significant move that promises to revolutionize the agricultural equipment landscape, Vermeer Corporation has announced a strategic partnership with G. T. Bunning Sons Ltd, a renowned UK-based manufacturer of manure spreaders. This collaboration, unveiled on September 11, 2024, marks a pivotal expansion of Vermeer's product lineup, integrating Bunning's premium compost spreaders into their existing range of equipment designed for hay, forage, and livestock producers across North America. This article delves into the implications of this partnership, exploring how it enhances Vermeer's offerings and what it means for farmers and ranchers seeking efficient, reliable solutions for their operations. The Strategic Alliance: Vermeer and Bunning Join Forces The partnership between Vermeer and Bunning represents a confluence of expertise and innovation in the agricultural equipment sector. Vermeer, long recognized for its comprehensive lineup of farm machinery, including self-propelled balers, round balers, mowers, tedders, rakes, bale wrappers, bale processors, vertical mixers, and feed wagons, has now added another string to its bow with the inclusion of Bunning's compost spreaders. This strategic move is not merely about expanding a product catalog; it's a calculated step towards addressing the evolving needs of modern agricultural producers. Shane Rourke, managing director of Vermeer Forage Solutions, encapsulates the essence of this partnership: "This alliance with Bunning strengthens our ability to address the evolving needs of agricultural producers. It's a natural extension of our commitment to keeping farmers and ranchers productive and efficient." The Synergy of Experience and Innovation Vermeer's decision to partner with Bunning is rooted in a deep understanding of the agricultural sector's demands. Bunning brings to the table a 40-year legacy in premium spreader technology, complementing Vermeer's established expertise in forage and livestock equipment. This synergy promises to deliver solutions that are not just technologically advanced but also tailored to the practical needs of farmers and ranchers. The collaboration leverages Vermeer's extensive dealer network, ensuring that the new line of compost spreaders will be backed by the same level of support and service that Vermeer customers have come to expect. This aspect of the partnership cannot be overstated – in the world of agriculture, where downtime can have significant financial implications, reliable support is as crucial as the equipment itself. Expanding Horizons: North American Market Focus For Bunning, this partnership marks a significant milestone in their expansion into the United States and Canada. Chris Druce, sales director for Bunning, emphasizes the importance of this collaboration, stating, "This partnership with Vermeer marks a significant milestone for Bunning in the United States and Canada. This collaboration underscores both companies' commitment to supporting agricultural operations of all sizes with innovative solutions that can help improve productivity and streamline operations." The focus on the North American market is strategic. Witha growing demand for high-quality manure management solutions, particularly among livestock producers, this partnership aims to tap into a lucrative segment of the agricultural sector. By combining Bunning’s advanced compost spreaders with Vermeer's well-established market presence, both companies are poised to provide exceptional value, enhancing the ability of farmers and ranchers to optimize their operations. Benefits of the Bunning Manure Spreaders The inclusion of Bunning's equipment into Vermeer’s offerings means that livestock producers will gain access to a variety of benefits, including: Increased Efficiency: Bunning's compost spreaders are designed for optimal efficiency, reducing time spent on manure management.

With advanced technology, these machines distribute manure evenly and effectively, allowing for better nutrient management in pastures and fields. Environmental Responsibility: Proper manure management is critical for maintaining soil health and minimizing environmental impact. Bunning's innovative designs help ensure compliance with modern environmental standards, making it easier for farmers to operate sustainably. Versatility: The new line of compost spreaders can handle various materials, from solid and semi-solid manures to composts and organic fertilizers, providing flexibility and adaptability for diverse farming operations. Conclusion The partnership between Vermeer and Bunning marks a significant advancement in agricultural machinery, especially for livestock producers facing increasing demands for efficiency and sustainability. By integrating Bunning's compost spreaders into Vermeer's established lineup, they are set to address critical needs in manure management, enhancing productivity while supporting environmentally responsible practices. As both companies move forward, farmers can expect innovative solutions backed by robust support, driving the agriculture industry toward a more sustainable future. https://gardenreview.us/vermeer-expands-equipment-line-with-bunning-manure-spreaders-a-game-changer-for-livestock-producers/?feed_id=160&_unique_id=672d84cb51335 https://gardenreview.us/vermeer-expands-equipment-line-with-bunning-manure-spreaders-a-game-changer-for-livestock-producers/?feed_id=160&_unique_id=672d84cb51335

[industrynewsupdates]

Vertical Farming Market Size, Share, Growth and Industry Trends 2024 - 2030

The global vertical farming market size was valued at USD 6.92 billion in 2023 and is expected to grow at a CAGR of 20.1% from 2023 to 2030. Market growth is attributed to the growing adoption of environment-friendly production of fruits and vegetables. Unprecedented growth of the global population has increased the demand for urban agriculture.

Vertical farming is the practice of producing food in vertically stacked layers, such as in a used warehouse, skyscraper, or shipping container. Organic foods are perceived as healthier, more nutritious, safer, and more environmentally friendly. A critical factor that influences demand for organic food is the food purchasing behavior of consumers, which is essential for producers, policymakers, and suppliers to implement successful marketing strategies.

Obesity and heart diseases are prevalent health-related issues among consumers. Furthermore, growing depletion of groundwater and changing climatic conditions have urged traditional growers to adopt alternate farming methods. Increasing consumer concerns about health and the abovementioned factors are likely to elevate industry demand.

Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market

Vertical Farming Market Report Highlights

• The escalating production of biopharmaceutical products is anticipated to drive the market

• The shipping container segment accounted for the largest market share in 2022. Shipping container-based farming uses less water than traditional farming with drip irrigation. Shipping containers can be easily stacked, modified, recycled, and refurbished at a lower cost. Additionally, the excess availability of unused shipping containers across the region will likely influence segment growth over the forecast period

• The hardware segment accounted the largest market share in 2022. The hardware plays a significant role in maintaining the environment of the indoor farms. The segment is further categorized into climate control systems, lighting systems, sensors, and irrigation systems, which enables the cultivation of indoor-grown crops

• The fruits vegetables, & herbs segment is also expected to have considerable growth over the forecast period. The increasing cultivation of commonly grown fruits and vegetables in greenhouses is driving the segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation

• Based on offering, the climate control segment is expected to witness high growth over the forecast period as the growth of crops can be controlled by monitoring and adjusting the concentrations of minerals

• By growing mechanism, the aeroponics segment is expected to observe considerable growth over the forecast period as the aeroponics facilitate fast growth in plants (under normal conditions)

• The North American regional market is expected to witness significant growth over the forecast period owing to the expansion of small-scale, commercial vertical farms

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global synthetic data generation market size was valued at USD 218.4 million in 2023 and is projected to grow at a CAGR of 35.3% from 2024 to 2030. 

• The global service virtualization market size was valued at USD 786.0 Million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2030. 

Vertical Farming Market Segmentation

Grand View Research has segmented the global vertical farming market report based on structure, growing mechanism, crop category and region

Vertical Farming Structure Outlook (Revenue, USD Million, 2017 - 2030)

• Shipping Container

• Building-based

Vertical Farming Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware

o Lighting

o Hydroponic components

o Climate control

o Sensors

• Software

• Services

o System Integration & Consulting

o Managed Services

o Assisted Professional Services

Vertical Farming Growing Mechanism Outlook (Revenue, USD Million, 2017 - 2030)

• Hydroponics

• Aeroponics

• Aquaponics

Vertical Farming Crop Category Outlook (Revenue, USD Million, 2017- 2030)

• Fruits Vegetables, & Herbs

o Tomato

o Lettuce

o Bell & Chili Peppers

o Strawberry

o Cucumber

o Leafy Greens (excluding lettuce)

o Herbs

o Others

• Flowers & Ornamentals

o Perennials

o Annuals

o Ornamentals

• Others (Cannabis, Microgreens)

Vertical Farming Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

• Asia Pacific

o China

o Japan

o India

o Singapore

o South Korea

• South America

o Brazil

• Middle East and Africa (MEA)

Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.

[sl33py-g4m3r]

rambling about my new horizons island~~ 🏝️

just thinking about stuff at this point without a plan yet~~~

need to deforest my island and plant trees at the back or something so they’re out of the way and I don’t spend a good chunk of time shaking reees for nothing.

iirc the limit for money, items, and wasps was 17 trees, right?

I figure putting them in the back of the island cause I might want to terraform later ~~~

maybe I should have some semblance of an idea of what I want to do before I start that to actually get it done and like the island I made~~~ unlike when I flattened one and then deleted it after trying something that I didn’t like and didn’t work; simply because I didn’t want to flatten it again~~~

I never know what to go for at all tho~~~ got a lot of room for cliffs and a grand entrance tho this time~~ but I still don’t know what I want to do with it~~~

And it looks cool but I don’t think fish can spawn in that one pond in the back~~~ could be wrong but I never saw a fish in there myself and would need to dig more bait to see~~

also autofill gave me Mathilda, wasn’t big on the kangaroo villagers but I like Mathilda’s design. Autofill also gave me Rolf (sp?) ~~ black kangaroo and white tiger~~~ let’s go~~~~

Counting my pumpkin patch I wonder if I went a little bit nuts? Orange pumpkins take up a 6 by 12 plot, coloured pumpkins take up a 6 by 10, as do potatoes and wheat I just bought from Leif yesterday ~~~

got a farm kind of market aesthetic behind the houses I first placed in the beach, that’s also where I’m trying to breed blue roses at….

finally got purples and special whites lined up and need to get purples from them and test them w yellows to see if we get more yellows. Phase two let’s go~~~

wonder how much all my crops are going to sell for, and how many watering cans it’ll take to water everything if it’s not raining, lol.

I like the 6 by (whatever number you want vertically) cause it makes it easy to water cause the good watering can is a 2 by 3 grid~~

so many crops~~~~~ thinking about it I don’t think I can go that massive with any other crops there are in the game unless I want my entire main island just full of produce ~~~

still wondering where to put all the trees I need~~~ I’m doing nothing w the small island or the cliffs for now~~< so maybe leave some trees there and plant some hardwood ones? Don’t just want to have cedar trees at all cause variety is nice and rip acorns if I do that~~

also~~~ finally caught all of the fish that spawns this month~~~ including the stupid pier fish~~~~ both close together which is cool~~~ I almost caught them back to back~~~ but oh my god do I have problems telling size 5 and 6 fish apart~~~~ like how????

1 is itty bitty, two is slightly bigger, 3 is average, 4 is bigger still, ya get the point~~~

but I also have a hard time telling size 3 and 4 apart sometimes ~~~~

fishing got me thinking, like in the older animal crossing game, like the GameCube one, how far away do you have to go to get other creatures to spawn? Or does that only work on GameCube cause the acre system that game uses?

cause I ran back and forth between the river bridge and the dock scaring fish away and I don’t think it worked ~~~ rip. I did that for the golden trouts I found but don’t know if it’s better than bait or bait is just better? Probably faster that way~~~ honestly.

[24researchnews]

Aquaponics Market Sees Rising Demand as Sustainable Farming Gains Global Traction

The Aquaponics Market2024 research report gives emerging industry data, global segments and regional outlook. This report covers up all details such as size, share, value, growth, restraints, and opportunities for the year 2024 to 2032. The report generated using various analysis tools like porter’s five forces model, market attractiveness and value chain. The report gives comprehensive review of the global market helping to club revenue generation and profitable business to transform client’s success.

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the aquaponics market includes Backyard Aquaponics Pty Ltd., Colorado Aquaponics, ECF Farmsystems GmbH, GreenlifeAquaponics, My Aquaponics, Nelson &Pade Inc. and Urban Farms AG. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

Get more information on "Global Aquaponics Market Research Report" by requesting FREE Sample Copy at: https://www.valuemarketresearch.com/contact/aquaponics-market/download-sample

Market Dynamics

The market of aquaponics is growing mainly due to technological advancement. The major driver of aquaponics market is that it helps in enhancing the ultimate productivity with minimum inputs than traditional agriculture and aquaculture practices. Aquaponics is an advantageous method as it helps in improving ultimate productivity in a cost-effective manner. Moreover, this system helps in the production of herbs with the high market, vegetables, and leafy greens, as well as fish, crayfish, worms, mushrooms, and many other crops. Furthermore, it allows agriculture to take important innovative steps toward environmental sustainability. On the other hand, expensive initial startup costs compared with soil vegetable production or hydroponics is likely to act as a restraint.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of aquaponics.

Browse Global Aquaponics Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/aquaponics-market

Market Segmentation

The broad aquaponics market has been sub-grouped into production type, equipment, component, and applications. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Growing System

Media Filled Beds (Constant Flow, Ebb and Flow (Flood and Drain))

Nutrient Film Technique (NFT)

Raft or Deep Water Culture (DWC)

By Facility Type

Poly or Glass Greenhouses

Indoor Vertical Farms

Other Facility Types

By Fish Type

Tilapia

Catfish

Carp

Trout

Ornamental Fish

Other Fish Types

Regional Analysis

Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for aquaponics in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

Purchase complete Global Aquaponics Market Research Report at: https://www.valuemarketresearch.com/contact/aquaponics-market/buy-now

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We facilitate clients with syndicate research reports and customized research reports on 25+ industries with global as well as regional coverage.

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[ashwetu]

Meticulous Research® Forecasts Global Vertical Farming Market to Reach $43.88 Billion by 2031 Amid Rising Demand for Sustainable, High-Yield Farming Solutions

Meticulous Research®, a globally recognized market research leader, has announced the release of its latest report, Vertical Farming Market Size, Share, Forecast, & Trends Analysis by Component, Growth Mechanism, Structure, Crop Type - Global Forecast to 2031. The report projects that the vertical farming market will grow significantly, reaching $43.88 billion by 2031 at a CAGR of 22.6% from 2024 to 2031.

Market Drivers and Growth Opportunities

Key drivers fueling the growth of the vertical farming market include decreasing arable land, urban population growth, demand for pesticide-free produce, and water scarcity challenges. As the effects of climate change intensify, the need for efficient farming methods that require less land and water is becoming paramount. Moreover, the increasing adoption of urban farming and advancements in vertical farming technologies are opening doors for new market opportunities.

However, high initial capital investments and the need for specialized knowledge for effective farm management pose challenges for industry growth. The market also faces hurdles related to high energy consumption in vertical farms and the limited variety of crops currently suitable for vertical cultivation. Nevertheless, the industry is witnessing significant progress in technology, leading to reduced environmental impact and enhanced sustainability, a trend that resonates with global sustainability goals.

Download Sample Report Here:  https://www.meticulousresearch.com/download-sample-report/cp_id=5948

Detailed Market Segmentation

The report provides an extensive analysis of the vertical farming market, segmented by component, growth mechanism, structure, crop type, and geography:

Component: The hardware segment, including lighting, irrigation systems, and sensors, is expected to hold the largest market share, reaching 54.7% in 2024. This is attributed to the increasing adoption of precision farming tools, advanced LED lighting, and smart irrigation systems.

Growth Mechanism: Hydroponics, the most popular growth mechanism, is forecasted to lead this segment with a 61.1% share in 2024, driven by its water efficiency, reduced soil-related risks, and continuous year-round yield capacity.

Structure: Shipping container-based farms are gaining traction due to their adaptability and ease of implementation across various geographic regions, securing an anticipated 56.0% market share. Their portability and reduced spatial requirements make them suitable for urban settings and challenging climates.

Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/vertical-farming-market-5948

Crop Type: Tomatoes are expected to account for the largest share in the crop type segment, representing 16.6% of the market in 2024. The high demand for tomatoes, coupled with the controlled pest environment and high yield achieved through vertical farming, drive this segment's growth.

Regional Insights

The report examines key geographies and provides insights on regional market performance. North America is projected to lead the market, commanding 29.5% of the global share in 2024, followed by Europe and the Asia-Pacific region. Factors such as the extensive adoption of vertical farming techniques, advanced farming technologies, and demand for fresh, locally grown produce contribute to North America's leadership position.

Key Market Players

The competitive landscape in the vertical farming market is moderately fragmented, featuring prominent global and regional players. Major companies include Signify Holding B.V. (Netherlands), Heliospectra AB (Sweden), Freight Farms, Inc. (U.S.), Intelligent Growth Solutions Limited (U.K.), Everlight Electronics Co., Ltd. (China), Vertical Farm Systems Pty Ltd (Australia), and Urban Crop Solutions BV (Belgium). These players drive innovation, focusing on technology, sustainable farming methods, and strategic partnerships.

Key Questions Answered in the Report

The report provides in-depth answers to critical questions on revenue growth, historical market trends, growth opportunities, and key geographic trends in the vertical farming market. It also details market segmentation insights, competitive strategies, and the impact of technological advancements on market dynamics.

Quick Buy: https://www.meticulousresearch.com/Checkout/47888793

Contact Information

For additional information, please reach out:

Meticulous Research® Email: sales@meticulousresearch.com Phone: +1-646-781-8004 LinkedIn: Meticulous Research®

[harshnews]

Crop Development and Farming Market Size, Share, Key Drivers, Trends, Challenges and Competitive Analysis

"Global Crop Development and Farming Market – Industry Trends and Forecast to 2029

Global Crop Development and Farming Market, By Type (Tobacco Farming, Sugar beet Farming, Sugarcane Farming, Cotton Farming, Other Miscellaneous Crop Farming), Application (Food and Beverages, Fodder), Farming Process (Organic Farming, Traditional Farming), – Industry Trends and Forecast to 2029.

Access Full 350 Pages PDF Report @

**Segments**

- **Crop Type** - Cereals - Fruits - Vegetables - Oilseeds - Flowers - Others

- **Farming Type** - Conventional Farming - Organic Farming - Precision Farming - Indoor Farming - Vertical Farming - Others

- **Regional Analysis** - North America - Europe - Asia-Pacific - Latin America - Middle East and Africa

Crop development and farming form a crucial part of the global economy, providing essential food and raw materials for various industries worldwide. The segmentation of the market into different categories helps in understanding the dynamics and trends within the industry. Crop type segmentation includes cereals, fruits, vegetables, oilseeds, flowers, and others. Each crop type has its unique cultivation requirements and market demand, making it vital for farmers and businesses to strategize accordingly. Additionally, farming type segmentation encompasses conventional farming, organic farming, precision farming, indoor farming, vertical farming, and others. This segmentation reflects the evolving methods and technologies being adopted in the agricultural sector to enhance productivity and sustainability. Moreover, regional analysis plays a significant role in assessing market trends and opportunities across different geographies, such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

**Market Players**

- Monsanto Company - Syngenta - Bayer CropScience - BASF SE - DowDuPont - Archer Daniels Midland Company - Cargill - Yara International - Bunge Limited - Agrium

The crop development and farming market comprise a diverse range of players contributing to the growth and innovation of the industry. Companies like Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont are key players in the market known for their extensive research and development activities in crop protection and biotechnology. Additionally,The crop development and farming market is a dynamic and evolving industry, driven by the constant need to meet the growing demand for food and raw materials globally. The market players play a vital role in shaping the landscape of this industry, with companies like Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont leading the way in innovation and research. These key players have established themselves as industry giants known for their cutting-edge technologies and sustainable agricultural practices. Through investments in research and development, these companies continue to introduce new crop varieties, pest control solutions, and agronomic practices that enhance crop yields and quality.

Monsanto Company, a renowned multinational agricultural company, has built a strong presence in the market with its focus on biotechnology and genetically modified seeds. By developing innovative traits that provide resistance to pests and diseases, Monsanto has revolutionized crop production practices worldwide. Syngenta, another major player in the industry, specializes in crop protection products and seeds. With a diverse range of offerings, Syngenta caters to the needs of farmers across different regions and crop types. Bayer CropScience, a subsidiary of Bayer AG, is known for its comprehensive portfolio of crop protection products, seeds, and traits. The company's commitment to sustainable agriculture and digital farming solutions sets it apart in the market.

BASF SE, a global leader in the chemicals industry, has a significant presence in the agricultural sector through its crop protection solutions and biotechnology research. By focusing on innovation and sustainability, BASF continues to contribute to the development of more efficient and environmentally friendly farming practices. DowDuPont, a merger of two industry giants, has a diverse portfolio spanning crop protection, seeds, and digital agriculture. The company's cutting-edge technologies and commitment to sustainability position it as a key player in the market.

Apart from the major multinational corporations, companies like Archer Daniels Midland Company, Cargill, Yara International, Bunge Limited, and Agrium also play crucial roles in the crop**Segments**

Global Crop Development and Farming Market, by Type: - Tobacco Farming - Sugar beet Farming - Sugarcane Farming - Cotton Farming - Other Miscellaneous Crop Farming

Application: - Food and Beverages - Fodder

Farming Process: - Organic Farming - Traditional Farming

The global crop development and farming market is witnessing significant growth and innovation driven by technological advancements, shifting consumer preferences, and the increasing need for sustainable agricultural practices. The industry is segmented based on crop type, farming type, and regional analysis to provide insights into the diverse dynamics of the market. Crop type segmentation includes cereals, fruits, vegetables, oilseeds, flowers, and others, each with specific cultivation requirements and market demands. The farming type segmentation covers conventional farming, organic farming, precision farming, indoor farming, vertical farming, and others, reflecting the industry's adoption of advanced technologies and practices. Regional analysis further enhances the understanding of market trends and opportunities across key geographies like North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

**Market Players**

The market players in the crop development and farming industry play a critical role in driving innovation, research, and development to meet the increasing global demand for food and raw materials. Key companies such as Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont are at the forefront of the industry, known for their advanced technologies and

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Crop Development and Farming Market Landscape

Part 04: Global Crop Development and Farming Market Sizing

Part 05: Global Crop Development and Farming Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key takeaways from the Crop Development and Farming Market report:

Detailed considerate of Crop Development and Farming Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the Crop Development and Farming Market-leading players.

Crop Development and Farming Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of Crop Development and Farming Market for forthcoming years.

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