#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.

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• 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 Market Growth: Industry Analysis and Forecast 2033 | Market Strides

Vertical Farming Market

The latest study released on the Global Vertical Farming Market by Market Strides, Research evaluates market size, trend, and forecast to 2033. The Vertical Farming Market consider covers noteworthy inquire about information and proofs to be a convenient asset record for directors, investigators, industry specialists and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, openings and up and coming challenges and approximately the competitors.

Some of the key players profiled in the study are:

Hamari Krishi

Plenty Unlimited Inc.

BitMantis Innovations

AeroFarms

Lufa Farms

Urban Kissan

Triton Foodworks

FF Agro Technologies Private Limited

Letcetra Agritech

CityGreens

Get Free Sample Report PDF @ https://marketstrides.com/request-sample/vertical-farming-market

Scope of the Report of Vertical Farming Market :

The report also covers several important factors including strategic developments, government regulations, market analysis, and the profiles of end users and target audiences. Additionally, it examines the distribution network, branding strategies, product portfolios, market share, potential threats and barriers, growth drivers, and the latest industry trends.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Affect and Economic Slowdown globally. Keep up a competitive edge by measuring up with accessible commerce opportunity in Vertical Farming Market different portions and developing territory.

The titled segments and sub-section of the market are illuminated below:

By Type

Hydroponics

Aeroponics

Others

By Application

Vegetable Cultivation

Fruit Planting

Others

Get Detailed@ https://marketstrides.com/report/vertical-farming-market

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

 • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

• North America (United States, Mexico & Canada)

• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:

•To carefully analyze and forecast the size of the Vertical Farming Market by value and volume.

• To estimate the market shares of major segments of the Vertical Farming Market

• To showcase the development of the Vertical Farming Market in different parts of the world.

• To analyze and study micro-markets in terms of their contributions to the Vertical Farming Market, their prospects, and individual growth trends.

• To offer precise and useful details about factors affecting the growth of the Vertical Farming Market

• To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Vertical Farming Market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Key questions answered:

• How feasible is Vertical Farming Market for long-term investment?

• What are influencing factors driving the demand for Vertical Farming Market near future?

• What is the impact analysis of various factors in the Global Vertical Farming Market growth?

• What are the recent trends in the regional market and how successful they are?

Buy Vertical Farming Market Research Report @ https://marketstrides.com/buyNow/vertical-farming-market

The market research report on the Global Vertical Farming Market has been thoughtfully compiled by examining a range of factors that influence its growth, including environmental, economic, social, technological, and political conditions across different regions. A detailed analysis of data related to revenue, production, and manufacturers provides a comprehensive view of the global landscape of the Vertical Farming Market. This information will be valuable for both established companies and newcomers, helping them assess the investment opportunities in this growing market.

Region Included are: Global, North America, Europe, APAC, South America, Middle East & Africa, LATAM.

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

At long last, Vertical Farming Market is a important source of direction for people and companies.

Thanks for reading this article; you can also get region wise report version like Global, North America, Europe, APAC, South America, Middle East & Africa, LAMEA) and Forecasts, 2025-2033

About Us:

Market Strides, a leading strategic market research firm, makes a difference businesses unquestionably explore their strategic challenges, promoting informed decisions for economical development. We give comprehensive syndicated reports and customized consulting services. Our bits of knowledge a clear understanding of the ever-changing dynamics of the global demand-supply gap across various markets.

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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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Market Report on Vertical Farming Products: Understanding Size, Share, and Growth Trajectories

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.

Artificial lighting helps in extending the hours of natural daylight, which further increases the health, growth rate, and yield of the plants. Artificial lighting such as high-pressure sodium lighting and LED lighting can extend the availability of crops (throughout a season). LED lighting systems produce a dual-band color spectrum and generate low heat. They are anticipated to witness significant growth over the forecast period.

A hydroponic system is a method of growing plants without soil. A hydroponic system eliminates the need for pesticides and artificial ripening agents and helps in producing nutritionally-rich vegetables. However, factors such as high initial investment and fewer crop varieties are likely to restrain the market growth.

For More Details or Sample Copy please visit link @: Vertical Farming Market Report

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

Gain deeper insights on the market and receive your free copy with TOC now @: Vertical Farming Market Report

We have segmented the global vertical farming market report based on structure, growing mechanism, crop category and region.

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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.

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Egypt Vertical Farming Market Scope, Trends, Forecast 2023-2030

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Egypt Vertical Farming Market size by value at USD 36.5 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Egypt Vertical Farming Market size to boom at a robust CAGR of 17.8% reaching a value of USD 97.9 million by 2031. The growth of Vertical Farming Market in Egypt is propelled by innovative farming systems, including hydroponics, aeroponics, and aquaponics. Advanced farming systems optimize resource use by minimizing land and water requirements. Hydroponics cultivates plants in nutrient-rich water, aeroponics utilizes a mist environment, and aquaponics combines fish farming with plant cultivation. Vertical farming addresses Egypt's agricultural challenges, including land scarcity and water shortages, while leveraging its favorable climate for year-round production. Beyond food crops, it supports the cultivation of medicinal and ornamental plants, diversifying income streams. Fueled by technological advancements and the growing demand for sustainable agriculture, vertical farming is poised to revolutionize Egypt's agricultural landscape.

Sample Request: https://www.blueweaveconsulting.com/report/egypt-vertical-farming-market/report-sample

Opportunity – Government’s Supportive Incentives

The government's strategic plan to enhance food security of the country presents significant growth opportunities for the companies in Egypt Vertical Farming Market. Approved by the Parliament, the strategic initiative aims to boost the availability of key crops like wheat, rice, corn, and beans by achieving self-sufficiency in wheat, improving storage systems, and modernizing irrigation. To support vertical farming, the government is offering incentives to farmers to increase production and expand agricultural land through both horizontal and vertical methods. Emphasizing sustainable agricultural practices, it focuses on green communities, efficient land allocation, and promoting vertical farming as a solution for increasing domestic crop production. These efforts not only aim to boost agricultural output but also ensure long-term food security, sustainable development, and economic growth. Backed by climate-smart agriculture (CSA) policies and substantial investments in research, development, and digitalization, Egypt is laying a solid foundation for the adoption of advanced farming technologies. This includes improving productivity, resource efficiency, and resilience against climate change. Aligned with Egypt’s National Structural Reform Programme 2021–2024 and the Sustainable Agricultural Development Strategy, which advocate for innovative agricultural practices, vertical farming is becoming central to the country's agricultural transformation. The government is also addressing challenges such as high initial costs and limited access to financing while encouraging private sector participation. As Egypt continues to prioritize sustainable development and climate resilience, vertical farming stands to benefit from government incentives, making it an attractive market for investors and innovators, with the potential for substantial growth.

Fruits, Vegetables, and Herbs Crop Category Holds Larger Market Share

The fruit, vegetables, and herbs segment accounts for a higher market share of Egypt Vertical Farming Market than the flowers & ornamentals segment by crop category. The segment’s market dominance is driven by the cultivation of high value crops, such as strawberries, lettuce, peppers, tomatoes, cucumbers, and leafy greens, which offer attractive profit margins for growers. Vertical farming, with its minimal land footprint and controlled environment, not only enhances crop yields but also promotes biodiversity by minimizing environmental disruption. The rapid growth cycle of crops like lettuce, coupled with high consumer demand, makes them particularly well-suited for this cultivation method, offering a pathway to quick returns on investment. While some fruit and herb varieties may exhibit slower growth cycles, their premium market prices often compensate for the extended cultivation period. As consumer preferences evolve and global demand for fresh produce continues to rise, vertical farming presents a sustainable and economically viable solution for cultivating a diverse range of crops, thereby contributing to Egypt's agricultural sector.

Impact of Escalating Geopolitical Tensions on Egypt Vertical Farming Market

Intensifying geopolitical tensions, particularly in the Middle East, could have a multifaceted impact on Egypt Vertical Farming Market. Escalating military, political, economic, and trade tensions and sanctions could primarily disrupt global supply chains, inflating the cost of critical inputs like specialized lighting and automation technologies. The resultant chilling effect on foreign direct investments could significantly hinder market growth. However, these challenges may also serve as a catalyst for innovations and resilience. The inherent resource-efficiency of vertical farming, particularly its potential to mitigate water scarcity and enhance food security, may attract increased government support and incentivize the development of localized supply chains and technologies. The shift toward greater self-reliance could strengthen the long-term viability of Egypt Vertical Farming Market while enhancing the country's agricultural resilience in the face of geopolitical uncertainties.

Competitive Landscape

Egypt Vertical Farming Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include iGrow, InnoTech, Grorite, Babilon Greens, Green Giza, Valoreo, Future Farms, Smart Greens, AeroFarms, and Fargreen. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Egypt Vertical Farming Market.

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Egypt Vertical Farming Market

[dataproviderindia]

Top 5 Apparel Manufacturers in India [2025]

According to estimates, around US$108 billion was spent on the textile industry in India last year. It is estimated that the industry will reach US$141 billion by 2021. More than 45 million people are directly employed by corporations, while another 60 million are indirectly employed by companies, making the textile industry the country's second-largest employer after the agriculture industry.

The size of India's textile industry is expected to quadruple to US$500 billion in the next ten years. Domestic sales to the United States are US$315 billion and export sales are US$185 billion. Domestic sales currently stand at around US$68 billion, while exports are valued at around US$40 billion. Here we are telling about top manufacturers in India related to apparel.

Original Source: https://abhishek77data.wixsite.com/77dataprovider/post/top-5-apparel-manufacturers-in-india-2025 

The top apparel manufacturers in India that will dominate the country's apparel business in 2025 are as follows:

1. Alok Industries

This vertically integrated textile company provides end-to-end solutions in five major industries: cotton yarn, apparel fabrics, home textiles, apparel and polyester yarn. It is headquartered in New York City. Alok has a large consumer base that includes, among other things, domestic and international shops, apparel exporters in India and leading brands around the world. They also have some of the world's most successful traders and India's most successful textile producers.

2. Arvind Mills

Founded in 1931 by three brothers, Arvind Mills is one of India's leading high-end superfine fabric producers. Arvind Mills is based in New Delhi. For decades, Arvind has been a major player in the industry with brands such as Arrow, Flying Machine and USPA. Arvind has expanded into a wide range of industries including retail, engineering and telecommunications as well as textiles, apparel, complex materials, chemicals and dyes.

As the top manufacturer of fire-retardant fabric in the United States, Arvind also manages 15 apparel brands worldwide, including brands such as Tommy Hilfiger and US Polo.

The company's 42,000 employees represent industries such as ecology and social initiatives, real estate, clothing, and farming. It ranks first among the top ten textile companies in India in terms of revenue. Arvind Limited also owns NNNOW.com.

3. Vardhman Textile

This subsidiary of the Vardhman Group was founded in 1965 and is now India's largest textile company, with annual sales of over US$1 billion. Vardhman is a manufacturer and trader of Indian yarns, greased/processed fabrics, acrylic fibers, and other products.

Since its inception, the Vardhman Group has grown into a global corporate giant with operations in India and 75 other countries. It is involved in the manufacturing of yarns, fabrics and acrylic fibres. As India's second-largest textile company by revenue, Vardhman has a solid business plan and considerable market share.

4. SEL Group

Indian textile firm SEL is one of the largest integrated textile companies in the country and the world. The company's facilities in Punjab, Haryana, Himachal Pradesh and Madhya Pradesh cater to the needs of a wide range of consumers, from spinning and weaving to manufacturing of value-added items such as terry towels and readymade garments. SEL is a leading provider of yarns and threads in the European and US markets.

5. Himatsingka Group

The Group has one of the world's largest capacities to produce upholstered fabric, curtain fabric and bed linen.

Since its inception in 1985, the Himatsingka Group has focused on product development, best manufacturing techniques and effective supply chain efficiencies to provide the best customer service available in the market.

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[semiconductorandtechnology]

Global Grow Lights Markets Outlook & Segmentation By Application And Region

Introduction The global grow lights market has been experiencing significant growth in recent years due to the increasing demand for indoor farming, vertical farming, and the rise in plant cultivation across non-traditional spaces. These lights play a crucial role in enhancing plant growth by providing the necessary light spectrum that supports photosynthesis. The market's growth is driven by advancements in technology, awareness of sustainable farming practices, and the growing need for food security in urban areas.

The Grow Lights Market Size was valued at USD 4.30 billion in 2023 and is expected to grow to USD 16.38 billion by 2032 and grow at a CAGR of 16.37% over the forecast period of 2024-2032.

Market Trends

Increased adoption of LED-based grow lights due to energy efficiency and longer life span.

Growing interest in smart and IoT-enabled grow lights, offering remote control and automation capabilities.

The rise of urban farming and vertical farming as solutions for food security.

Expansion of the cannabis industry, further boosting the demand for grow lights.

Preference for spectrum-specific lights tailored to various plant needs.

Growth

The global grow lights market is expected to witness a CAGR of over 20% in the next few years.

Technological innovations in light-emitting diodes (LED) and other lighting solutions are contributing to substantial market growth.

The integration of hydroponics and aeroponics with grow light systems further enhances growth prospects.

Challenges

High initial investment in advanced grow light systems, especially for large-scale farming operations.

Energy consumption concerns for non-LED lighting solutions.

Regulatory challenges around indoor farming and lighting technologies.

The complexity of integrating advanced systems with traditional agricultural practices.

Future Outlook The future of the grow lights market looks promising with continued advancements in LED technologies, as well as the rising trend of vertical farming and urban agriculture. The global need for more sustainable agricultural practices, coupled with the development of more efficient lighting solutions, will drive the demand for grow lights. As more players enter the market, there is potential for even more cost-effective and energy-efficient solutions to emerge, making these systems accessible to a wider range of growers, from hobbyists to commercial farmers. Additionally, increased awareness of sustainability and food security will likely influence market dynamics, with more industries investing in grow lights for their cultivation practices.

Conclusions In conclusion, the grow lights market is poised for continued growth, driven by advancements in technology, the rising trend of indoor farming, and increasing demand for sustainable agriculture solutions. However, challenges related to costs and energy efficiency still need to be addressed. As innovations continue, the market is expected to diversify, offering new opportunities for growers worldwide.

Read More Insights @ https://www.snsinsider.com/reports/grow-lights-market-4827 

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[markandsparksolutions]

Agritech Market Size, Growth Trends, and Future Outlook (2024-2032)

Introduction

The Agritech market is transforming the global agricultural landscape by integrating technology into traditional farming practices. From precision farming and farm management software to IoT-based solutions and vertical farming, Agritech innovations are revolutionizing how we grow, harvest, and distribute food. Rising global demand for sustainable food production and advancements in agri-biotechnology are further driving the growth of this dynamic market.

Market Overview

Current Market Size and Growth Trends

The global Agritech market was valued at USD 19.6 billion in 2023 and is projected to grow at a CAGR of 11.7% from 2024 to 2032, reaching approximately USD 52.8 billion by 2032. The market’s rapid growth is fueled by increasing adoption of smart agriculture solutions, rising investments in agricultural technology startups, and the growing need to address food security challenges.

Regional Market Insights

North America: A leading region, driven by the rapid adoption of precision farming, IoT solutions, and automation technologies in agriculture.

Europe: Strong growth due to supportive government policies for smart farming and the increasing focus on sustainable agricultural practices.

Asia-Pacific: The fastest-growing market, with countries like China, India, and Japan investing heavily in Agritech solutions to boost agricultural productivity.

Latin America & Africa: Emerging markets with significant potential, driven by the growing need for food security and advancements in smart irrigation and crop monitoring.

Key Market Drivers

Rising Demand for Food Security: With a growing global population, the need for efficient and sustainable food production systems is increasing.

Technological Advancements in Agriculture: IoT, drones, AI, and robotics are transforming the agricultural sector, making it more efficient and productive.

Government Initiatives and Subsidies: Governments worldwide are promoting Agritech solutions to boost productivity and reduce environmental impact.

Increased Investment in Agritech Startups: Venture capital firms are actively funding innovations in the agricultural sector, driving growth and new solutions.

Leading Players in the Agritech Market

Several key players are transforming the Agritech space with innovative solutions and technologies:

John Deere (USA) – A leader in precision agriculture and advanced farm machinery solutions.

Trimble Inc. (USA) – Specializes in precision farming technology and IoT-based solutions.

Corteva Agriscience (USA) – Focuses on seed technologies, crop protection, and digital agriculture solutions.

AgriNext (India) – Known for smart irrigation and farm automation solutions.

FarmLogs (USA) – Provides farm management software and data-driven insights for farmers.

Challenges and Roadblocks

Despite the significant potential, the Agritech market faces several challenges:

High Initial Investment: The cost of implementing Agritech solutions can be prohibitive for small and medium-sized farmers.

Limited Awareness and Technical Skills: In developing regions, many farmers lack the knowledge and resources to adopt Agritech.

Connectivity Issues in Rural Areas: Limited internet connectivity and infrastructure remain barriers to adopting smart farming solutions.

Data Security and Privacy Concerns: The increasing use of IoT and data-driven solutions raises concerns about data security and privacy.

Future Outlook

The Agritech market is poised for substantial growth, with key trends shaping its future:

Increased Adoption of Vertical and Indoor Farming: Reducing land dependency and increasing year-round crop production.

Growth of Blockchain in Agriculture: Ensuring transparency and traceability in the food supply chain.

AI and Machine Learning for Predictive Analysis: Helping farmers make data-driven decisions for better crop management.

Sustainability and Climate-Smart Agriculture: Focusing on reducing environmental impact and adapting to climate change.

Conclusion

The Agritech market is on the brink of a technological revolution, driven by advancements in precision agriculture, smart farming, and data analytics. Companies that invest in innovation and sustainability will be at the forefront of this transformation, paving the way for a more efficient and resilient agricultural sector.

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[rupalic]

Sustainable Agriculture Boosting Plant Factory Market to $196 Million by 2028

Plant factories, also known as vertical farms or indoor farms, are advanced agricultural systems designed to produce crops in controlled environments using cutting-edge technology. These facilities utilize artificial lighting, climate control, and hydroponics or aeroponics to optimize plant growth, offering an innovative solution to the challenges faced by traditional agriculture.

The global plant factory market size was valued at US$ 129 million in 2022 and is poised to grow from US$ 138 million in 2023 to US$ 196 million by 2028, growing at a CAGR of 7.3% in the forecast period (2023-2028).

Plant Factory Market Growth Drivers

To meet the rising demand for food and address the challenges posed by shrinking cropland and declining soil fertility, alternative farming techniques like vertical farming have gained prominence. These technologies are crucial for achieving food self-sufficiency, especially in countries that have historically struggled with domestic production and supply due to limited natural resources and unfavorable climatic conditions. The scarcity of arable land, poor soil quality, and increased food demand have spurred the development of innovative methods like vertical farming, which is gradually gaining traction worldwide. Vertical farming optimizes space by growing food in stacked layers or towers, offering advantages such as more efficient land use, consistent year-round crop production unaffected by weather conditions, and reduced water and pesticide usage.

Hydroponic farming, a key component of vertical farming, uses significantly less water than traditional agriculture due to its efficient water use system. Plants consume only 0.1% of the water supplied, with the rest being returned to the environment through evapotranspiration. In contrast, conventional farming often wastes water due to inefficient irrigation, evaporation, and poor water management. Vertical farming allows for efficient water use, using up to 95% less water than traditional methods. According to the Columbia University Earth Institute, vertical farmers use 70% to 95% less water compared to conventional farmers for plant cultivation.

How has the COVID-19 pandemic influenced the adoption of plant factories by restaurants and grocery stores?

The adoption of indoor farming by restaurants and grocery stores is gaining momentum, driven initially by retailer acceptance and gradually by public acceptance. Major grocery chains like Walmart, Kroger, and Albertsons have established agreements with indoor growers to source produce. Publix, based in Lakeland, Florida, has also embraced this trend by introducing an on-site trailer farm from a nearby hydroponic grower. According to a 2021 survey by FMI, The Food Industry Association, 43% of consumers expressed a preference for produce grown outdoors over that grown indoors. However, members of Generation Z, who are rapidly becoming America’s most influential demographic, showed a stronger preference for produce from indoor sources.

In recent years, many restaurants have embraced the concept of local food, advancing it further with the acceptance of hyperlocal food. This approach involves restaurants either growing their own produce or sourcing it from nearby farms, promoting sustainability and supporting the local economy while ensuring high-quality ingredients. Hyperlocal restaurants, which source almost all their food locally, have become more common. Some restaurants even have their own gardens to grow the vegetables used in their dishes.

Top Plant Factory Companies

AeroFarms (US), Gotham Greens (US), Oishii (US), Plenty Unlimited Inc. (US), MIRAI (Japan), Agricool (France), AppHarvest (US), CropOne (UAE) and BrightFarms (US).

Greenhouses Dominate Plant Factory Industry Share

Greenhouse farming offers several advantages over traditional farming methods, such as greater control over environmental factors like temperature, humidity, and lighting, which can result in higher crop yields and quality. As growers see the benefits of greenhouse farming, they may also become interested in incorporating plant factory technology into their operations, which can further increase efficiency, reduce costs, and improve crop quality. This can drive further demand for plant factory systems and technologies, leading to further growth in the plant factory industry.

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Europe Dominates Global Plant Factory Market Share

The plant factory industry has been studied in North America, Europe, Asia Pacific, South America and Rest of the World. The growth of the plant factory market in Europe is driven by a combination of factors, including increased demand for locally grown produce, government support and funding, technological advancements, environmental concerns, and growing consumer interest in sustainable and locally grown produce. Many European countries have implemented policies and initiatives that encourage the adoption of sustainable agricultural practices, including plant factories. For example, the European Union’s Horizon 2020 program has allocated significant funding for research and innovation in sustainable agriculture, including plant factory technology. Additionally, some countries offer tax incentives and other benefits to growers who adopt these practices.