#Vertical Farming Produce Market Forecast

[industrynewsupdates]

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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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.

[market-insider]

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.

[business-market-insights]

North America Horticulture Lighting Market Trends, Size, Segment and Growth by Forecast to 2030

The North American horticulture lighting market is projected to expand significantly, growing from 830.5 million in 2019 to 830.5 million in 2019 to 3,597.2 million by 2027, reflecting a compound annual growth rate (CAGR) of 20.7% from 2020 to 2027. This robust growth is primarily driven by the rising adoption of vertical farming, increasing demand for sustainable agriculture, and advancements in lighting technologies. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 - https://www.businessmarketinsights.com/sample/TIPRE00014169 Key Market Segments

In terms of technology, the LED lights segment accounted for the largest share of the North America horticulture lighting market in 2019. In terms of application, the greenhouses segment held a larger market share of the North America horticulture lighting market in 2019. Further, the fruits & vegetables segment held a larger share of the market based on cultivation in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the horticulture lighting market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Agrolux; Bridgelux, Inc.; General Electric Company; Heliospectra AB; Hubbell, Inc.; Lumileds Holding B.V.; OSRAM Licht AG; PARsource; Signify N.V.

Key Growth Drivers

Expansion of Vertical Farming

With a rapidly growing population and shrinking arable land, traditional farming alone cannot meet the rising food demand. Vertical farming—a method of growing crops in stacked layers using controlled environments—has emerged as a viable solution.

This approach leverages advanced technologies, including LED lighting, robotics, AI, and big data analytics, to optimize crop yields while minimizing resource consumption.

Vertical farming also reduces dependency on pesticides, lowers water usage, and enables year-round production, making it an attractive alternative to conventional agriculture.

Environmental Sustainability Concerns

Traditional farming contributes to deforestation, soil degradation, and high carbon emissions, prompting a shift toward more sustainable practices.

Vertical farming mitigates these issues by using urban spaces efficiently, reducing transportation costs, and cutting down on pollution. Governments and private investors across North America are increasingly supporting vertical farming initiatives to promote food security and environmental conservation.

Technological Advancements in Horticulture Lighting

The adoption of energy-efficient LED grow lights has revolutionized indoor farming by providing optimal light spectra for plant growth while reducing energy costs.

Innovations in smart lighting systems, which adjust light intensity and spectrum based on plant needs, are further enhancing productivity and efficiency in controlled-environment agriculture (CEA).

Market Outlook

The North American horticulture lighting market is poised for strong growth, fueled by:

Government incentives for sustainable farming practices.

Increasing investments in urban and vertical farming projects.

Growing consumer demand for locally grown, pesticide-free produce. North America Horticulture Lighting Regional Insights

The geographic scope of the North America Horticulture Lighting refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

North America Horticulture Lighting Market Segmentation

Category

Subcategories

By Technology

- LED Lights - High Intensity Discharge Lights - Fluorescent Lamps

By Application

- Greenhouses - Vertical Farming - Indoor Farming

By Cultivation

- Fruits and Vegetables - Floriculture

By Country

- US - Canada - Mexico

Company Profiles

- Agrolux - Bridgelux, Inc. - General Electric Company - Heliospectra AB - Hubbell, Inc. - Lumileds Holding B.V. - OSRAM Licht AG - PARsource - Signify N.V.

North America Horticulture Lighting Strategic Insights

Strategic insights for the North America Horticulture Lighting provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

About Us: Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Défense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications Author’s Bio Akshay Senior Market Research Expert at Business Market Insights

[priteshwemarketresearch]

Vertical Farming Market Trends: Reaching $86.7B by 2035

Vertical Farming Market: Trends, Growth, Challenges, and Future Outlook 2035

The Vertical Farming Industry is expected to grow at a compound annual growth rate (CAGR) of 24.1% from 2024 to 2035, from its 2023 valuation of USD 6.7 billion to USD 86.7 billion.

The innovative technique of vertical farming involves growing food in layers that are piled vertically, like in a skyscraper, old warehouse, or shipping container. Large amounts of fresh, wholesome food are made possible by it without the need for excellent weather, a lot of water, expert labor, or fertile soil. Furthermore, it allows for consistent and dependable production, climatic management, and immunity to outside environmental influences including pests, disease, and predator assaults.

Request Sample PDF Copy :https://wemarketresearch.com/reports/request-free-sample-pdf/vertical-farming-market/1535

Vertical Farming Market Segments

By Farming Type

Hydroponics

Aeroponics

Aquaponics

By Structure

Building-based Vertical Farms

Shipping Container-based Vertical Farms

By Technology

Lighting (LED, Fluorescent, HPS, etc.)

Climate Control (HVAC, Dehumidifiers, etc.)

Sensors (pH sensors, Nutrient sensors, etc.)

Irrigation Systems

Software (Farm Management Software, Data Analytics, etc.)

Vertical Farming Market Trends and Analysis

The Vertical Farming Market is witnessing several key trends that are shaping its future:

Technological Advancements: The integration of AI, IoT, and robotics in vertical farming is enhancing productivity and efficiency.

Growing Urban Agriculture: As cities expand, vertical farms are becoming an essential part of urban food supply chains.

Sustainability Focus: Consumers and governments are increasingly supporting eco-friendly agricultural practices to reduce carbon footprints.

Increased Investment: Venture capitalists and major corporations are investing in vertical farming startups, fueling market expansion.

Hybrid Farming Models: Combination of hydroponics, aeroponics, and aquaponics for improved yield and resource efficiency.

Vertical Farming Market Growth Factors

Several factors contribute to the robust growth of the Vertical Farming Market:

Rising Demand for Organic and Fresh Produce – Consumers are leaning towards pesticide-free and locally grown food.

Decreasing Arable Land – Traditional farming is facing challenges due to urbanization and soil degradation.

Climate Change Adaptability – Vertical farming allows for controlled environments, unaffected by extreme weather conditions.

Government Support and Policies – Initiatives promoting sustainable agriculture are encouraging investments in the sector.

Cost-Effective Solutions – Although initial investments are high, long-term operational costs are lower due to automation and resource optimization.

Key Points of the Vertical Farming Market

Market Size & Share: The market is projected to grow significantly over the next decade, with key players expanding their operations globally.

Market Price Trends: The cost of vertical farming infrastructure is decreasing due to technological advancements.

Potential Forecast: The industry is expected to witness a compound annual growth rate (CAGR) of over 20% in the coming years.

Regional Insights: North America, Europe, and Asia-Pacific are leading regions in vertical farming adoption.

Market Key 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

Benefits of This Report

Provides an in-depth Vertical Farming Market Analysis.

Offers insights into Vertical Farming Market Growth and potential investment opportunities.

Helps businesses understand Vertical Farming Market Trends for strategic planning.

Highlights the challenges and mitigation strategies for stakeholders.

Forecasts the Vertical Farming Market Size and Share to aid decision-making.

Challenges in the Vertical Farming Market

Despite its promising growth, the Vertical Farming Market faces certain challenges:

High Initial Investment – Setting up vertical farms requires significant capital.

Energy Consumption – Artificial lighting and climate control systems lead to high electricity usage.

Limited Crop Variety – Currently, vertical farms are more suited for leafy greens and herbs rather than staple crops like wheat and rice.

Lack of Awareness – Many regions are yet to fully embrace the benefits of vertical farming.

Skilled Workforce Requirement – Technological expertise is needed to manage automated farming systems effectively.

Frequently Asked Questions (FAQs)

What is the current size of the Vertical Farming Market?

What are the main growth drivers of the Vertical Farming Market?

Which regions are leading in vertical farming adoption?

What are the main challenges faced by the Vertical Farming Market?

How does vertical farming contribute to sustainability?

Related Report:

https://medium.com/@priteshwemarketresearch/vertical-farming-market-growth-trends-analysis-and-dynamic-demand-forecast-2024-to-2035-4c2e3056f5f9

https://medium.com/@priteshwemarketresearch/vertical-farming-market-business-segmentation-by-revenue-present-scenario-and-growth-prospects-1e39befc7124

Conclusion

The Vertical Farming Market is set for substantial growth as technological advancements and sustainability concerns drive adoption. While challenges exist, solutions such as renewable energy integration and government incentives are helping overcome barriers. As the industry evolves, vertical farming will play a crucial role in ensuring food security and sustainable agriculture worldwide.

About We Market Research:

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep-rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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[vikassagaar]

𝗨𝗿𝗯𝗮𝗻 𝗙𝗮𝗿𝗺𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗖𝘂𝗹𝘁𝗶𝘃𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝗼𝗼𝗱 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻

Urban Farming Market Size is forecast to reach $ 281275 Million by 2030, at a CAGR of 3.81% during forecast period 2024-2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: 👉 https://lnkd.in/gdQ-WptM

𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬:

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🔹𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: Advances in vertical farming, hydroponics, aeroponics, and IoT-driven controlled-environment agriculture are boosting productivity and #resource efficiency. These innovations not only maximize yields but also significantly cut water and energy usage.

🔹𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 & 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁: Strategic #grants, favorable policies, and partnerships (as seen in initiatives by #USDA and global urban farming pioneers) are #catalyzing growth and lowering operational barriers.

𝐆𝐞𝐭 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨: https://lnkd.in/ghs9bfxx

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: AppHarvest | AeroFarms | Bowery Farming | BrightFarms

INFARM | Plenty | Crop One Holdings | Iron ox | Gotham Greens

Green Spirit | Riverford Organic Farmers | Abel & Cole | B Corp™

Oddbox | Growing Pro Technologies | Urban Farmers | Jones Food Company | Greenbelt Group | Local Garden | Fresh City | Farm 51 | Agrotech S.A. | Urban Greens | EcoFarms | Cultiva | MetroFarms | VertiCrop

Urban Organics | Harvest Urban Farms | NextGen Farming

✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) https://lnkd.in/gWgMHpfD

[blueweave8]

UAE Vertical Farming Market Outlook, Industry Analysis, Forecast 2023-2030

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated UAE Vertical Farming Market size by value at USD 92.4 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects UAE Vertical Farming Market size to boom at a robust CAGR of 20.90% reaching a value of USD 358.9 millionby 2031. Vertical Farming Market in UAE is driven by the need for sustainable agriculture in a desert climate, where traditional farming faces water scarcity and limited arable land. Advanced technologies like hydroponics, aeroponics, and aquaponics enable efficient resource utilization, including reduced water usage and space optimization. Government initiatives promoting food security, such as the UAE Food Security Strategy 2051, further boost market growth. Rising consumer demand for fresh, pesticide-free produce and the increasing adoption of smart farming techniques using IoT, AI, and robotics also contribute to the market's expansion. Additionally, investments from private and public sectors enhance the development of vertical farming infrastructure.

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

Opportunity – Government’s Increasing Support and Incentives

The UAE government plays a pivotal role in driving the growth of the Vertical Farming Market by offering robust support and incentives. Initiatives such as the National Food Security Strategy 2051 aim to enhance local food production and reduce reliance on imports. Subsidies, tax benefits, and grants are provided to encourage investments in advanced agricultural technologies. Additionally, the government fosters partnerships with private entities and promotes research and development in sustainable farming methods. By facilitating access to resources and creating a favorable regulatory framework, UAE is accelerating the adoption of vertical farming to ensure food security and environmental sustainability.

Hydroponics Leads UAE Vertical Farming Market by Growing Mechanism

The hydroponics stands out as the predominant growing mechanism in UAE Vertical Farming Market, driven by the nation's focus on food security, limited arable land, and the need for sustainable agricultural practices. Hydroponics, a soil-less cultivation method, enables efficient water usage and year-round crop production, making it particularly suitable for the UAE's arid climate. The growth is supported by government initiatives aimed at enhancing food security and sustainability, such as the National Food Security Strategy 2051. Additionally, technological advancements, including IoT-based monitoring systems, are further propelling the adoption of hydroponic systems. The UAE's hospitality sector is also increasingly utilizing hydroponic products to meet the demand for organic and sustainable food, with high-profile projects like Badia Farms in Dubai exemplifying the growing adoption of hydroponics in urban settings. In contrast, other vertical farming methods like aeroponics and aquaponics have a smaller market presence in the UAE. While these methods offer unique advantages, hydroponics remains the preferred choice due to its established infrastructure, scalability, and alignment with the UAE's strategic goals for agricultural innovation and food security.

Impact of Escalating Geopolitical Tensions on UAE Vertical Farming Market   

Escalating geopolitical tensions could impact UAE Vertical Farming Market by disrupting global supply chains, leading to increased costs and delays in importing essential components like LED lights, hydroponic systems, and seeds. Heightened tensions may also cause fluctuations in energy prices, affecting operational expenses, as vertical farming is energy-intensive. Additionally, reduced foreign investments due to economic uncertainties might slow market growth. However, these challenges could drive innovation, with local players focusing on domestic production and sustainable practices to reduce dependency on imports. Government support for food security initiatives amid geopolitical risks may also boost adoption and resilience in the sector.

Competitive Landscape

UAE Vertical Farming Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Pure Harvest Smart Farms, Crop One Holdings, Madar Farms, GreenFactory Emirates, UNS Vertical Farms, AeroFarms, Sarya Holdings, AS Agri and Aqua LLP, and iFarm. 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 UAE Vertical Farming Market.

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[govindtbrc]

AI for Automated Greenhouse Management Market: Comprehensive Analysis and Forecast up to 2033

Market Definition

The AI for automated greenhouse management market refers to the use of artificial intelligence (AI) technologies to optimize and automate various aspects of greenhouse operations. This includes environmental control, crop monitoring, irrigation, pest management, and energy efficiency, all aimed at improving crop yields, reducing resource consumption, and increasing sustainability. AI systems in greenhouse management typically integrate data from sensors, cameras, and climate control systems to make real-time decisions, automate processes, and enhance operational efficiency. These advanced systems enable greenhouse operators to create optimal growing conditions, adjust to environmental changes, and ensure better resource utilization.

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AI for Automated Greenhouse Management Market is anticipated to expand from 4.5 billion in 2024 to 12.3 billion by 2034, growing at a CAGR of approximately 10.6%.

Market Outlook

The AI for automated greenhouse management market is experiencing significant growth as the agriculture industry increasingly turns to technology to address challenges such as climate change, resource scarcity, and the need for higher crop productivity. The integration of AI into greenhouse systems allows for more precise and efficient management, helping farmers reduce waste, optimize labor, and achieve higher quality and consistency in their produce.

One of the primary drivers of the market is the growing demand for sustainable agricultural practices. With the global population expected to reach nearly 10 billion by 2050, the pressure to produce more food using fewer resources is intensifying. AI-driven automation offers a solution by improving water and energy efficiency, reducing the use of pesticides and fertilizers, and enhancing crop health management. Automated systems can monitor temperature, humidity, light levels, soil conditions, and even plant health, providing real-time insights that can be used to adjust greenhouse conditions for optimal growth.

The rise of vertical farming and controlled-environment agriculture (CEA) is also contributing to the growth of AI for automated greenhouse management. These farming methods require sophisticated management systems to maximize space utilization, optimize energy use, and maintain ideal growing conditions. AI technologies enable growers to monitor and control these factors on a granular level, leading to better resource efficiency and higher crop yields.

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[rainyducktiger]

hydroponics market Regional and Global Industry Insights to 2033

The hydroponics market has been witnessing significant growth in recent years, driven by the increasing demand for sustainable agricultural practices, efficient water usage, and the need for high-yield crop production. Hydroponics, a method of growing plants without soil, has revolutionized modern farming by providing controlled environmental conditions that optimize plant growth. As the global population continues to rise, the pressure on traditional agricultural methods has intensified, making hydroponics an essential alternative to conventional farming.

This article delves into the current trends, drivers, challenges, and future forecasts of the hydroponics industry, offering a comprehensive analysis of market dynamics from 2024 to 2032.

Market Overview

The hydroponics market is projected to grow at a rapid pace due to advancements in technology, increased investment in research and development, and the rising awareness of sustainable farming methods. According to market research reports, the industry is expected to witness a compound annual growth rate (CAGR) of over 10% during the forecast period.

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Key Market Segments

The hydroponics market is segmented based on several factors, including:

Type of System

Aggregate Systems (media-based)

Wick System

Ebb and Flow (Flood and Drain)

Drip Systems

Liquid Systems (non-media-based)

Deep Water Culture (DWC)

Nutrient Film Technique (NFT)

Aeroponics

Crop Type

Leafy Greens (lettuce, spinach, kale)

Fruits (tomatoes, strawberries, cucumbers)

Herbs (basil, mint, cilantro)

Flowers

Equipment & Components

Hydroponic Grow Media

Nutrient Solutions

LED Grow Lights

HVAC Systems

Sensors & Automation

Geographical Analysis

North America (USA, Canada)

Europe (Germany, Netherlands, UK)

Asia-Pacific (China, India, Japan)

Latin America (Brazil, Mexico)

Middle East & Africa

Key Market Drivers

1. Growing Demand for Sustainable Agriculture

With increasing environmental concerns and climate change affecting traditional farming, hydroponics offers a more sustainable way of growing food. It requires 90% less water than soil-based farming and eliminates the need for pesticides and herbicides.

2. Rise in Urban Farming and Vertical Farming

Urbanization has led to a decline in arable land, pushing agriculture into cities. Vertical farming and hydroponics allow crops to be grown in urban environments, reducing the dependency on rural farmland and lowering transportation costs.

3. Higher Crop Yields and Faster Growth Cycles

Hydroponic systems provide optimized nutrient delivery, leading to 30-50% faster growth rates and higher yields than traditional soil farming. This makes it a viable solution to address global food shortages.

4. Technological Advancements

The integration of AI, IoT, and automation in hydroponic farming has improved efficiency and scalability. Sensors monitor nutrient levels, temperature, humidity, and pH, ensuring optimal plant growth.

5. Rising Health and Organic Food Awareness

Consumers are increasingly demanding fresh, pesticide-free produce. Hydroponic farming meets this demand by producing chemical-free, high-nutrient crops, driving market growth.

Challenges in the Hydroponics Market

1. High Initial Investment Costs

Setting up a hydroponic farm requires a substantial capital investment in infrastructure, technology, and equipment. However, operational costs reduce over time, making it profitable in the long run.

2. Technical Knowledge and Skill Requirement

Hydroponic farming requires expertise in plant nutrition, system maintenance, and technology integration. Farmers need to be trained to manage automated systems effectively.

3. Limited Crop Variety

Not all crops are suitable for hydroponic farming. Root vegetables like potatoes and carrots are more challenging to grow in hydroponic systems, limiting crop diversity.

4. Dependence on Electricity and Technology

Hydroponic systems rely heavily on electricity for lighting, water pumps, and temperature control. Power outages can significantly impact crop growth, making backup systems essential.

Regional Analysis and Market Growth Prospects

1. North America

The USA and Canada lead the hydroponics market due to strong investments in urban farming and controlled environment agriculture (CEA). The demand for locally grown, pesticide-free produce has driven the adoption of hydroponics in supermarkets and restaurants.

2. Europe

The Netherlands is a global leader in hydroponic farming, with innovative greenhouse technologies and advanced farming techniques. The European market is driven by strict environmental regulations and sustainable agriculture initiatives.

3. Asia-Pacific

Countries like China, Japan, and India are rapidly adopting hydroponics due to increasing population and shrinking farmland. Government incentives and investments in agri-tech startups are fueling market growth in this region.

4. Latin America & Middle East

Countries such as Brazil, Mexico, and the UAE are investing in hydroponics to combat food security issues. The Middle East, with its arid climate, sees hydroponics as a solution for sustainable agriculture in desert regions.

Future Trends and Forecast to 2032

1. Expansion of Vertical Farming

By 2032, vertical farming will dominate urban agriculture, integrating AI-driven automation, robotics, and machine learning to optimize hydroponic systems.

2. Development of Hybrid Systems

Hybrid hydroponic-aquaponic systems (combining fish farming with hydroponics) are expected to gain traction, offering a sustainable, closed-loop farming method.

3. Increased Government Support and Funding

Governments worldwide will continue subsidizing hydroponic projects to ensure food security and reduce agricultural carbon footprints.

4. Advancements in LED Grow Lighting

Energy-efficient LED lighting tailored for specific crop growth cycles will further improve plant yields and reduce operational costs.

5. Blockchain and Supply Chain Transparency

Blockchain technology will be increasingly integrated into hydroponics to track and verify organic produce, ensuring farm-to-table transparency.

Conclusion

The hydroponics market is set for rapid expansion as urbanization, climate change, and food security concerns push the adoption of sustainable farming solutions. While initial investment costs and technical expertise remain challenges, technological advancements and government initiatives will drive market growth. By 2032, hydroponics is expected to be a mainstream agricultural practice, revolutionizing the way food is produced worldwide.

With continued innovations in automation, AI, and sustainable farming, hydroponics presents an exciting future for global agriculture, ensuring a steady supply of fresh, nutritious food in the years to come.

Read Full Report:-https://www.uniprismmarketresearch.com/verticals/agriculture/hydroponics

[foodlovers01]

Sustainable Farming on the Rise: Aquaponics Market Outlook 2024-2032

Aquaponics Market: Overview and Future Outlook

The Aquaponics Market was valued at USD 1.55 billion in 2023 and is expected to grow from USD 1.66 billion in 2024 to USD 3.09 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.23% during the forecast period (2024-2032). The concept of aquaponics refers to the sustainable and symbiotic relationship between fish and plants, where the waste produced by the fish provides nutrients for the plants, and the plants help filter and purify the water, benefiting the fish.

Market Drivers

Sustainability and Resource Efficiency: Aquaponics offers a more sustainable and efficient alternative to traditional farming methods. It requires less water, no soil, and reduces the need for synthetic fertilizers, which are key drivers of its adoption, particularly in regions with water scarcity.

Rising Demand for Locally Grown Produce: With consumers increasingly focused on fresh, organic, and locally produced food, aquaponics systems are becoming a popular solution to meet this demand. Aquaponics can be implemented in urban areas, allowing fresh produce and fish to be grown close to consumption points.

Technological Advancements: The introduction of advanced technologies such as smart sensors, IoT integration, and automated systems for aquaponics farming is increasing the efficiency and profitability of operations, further stimulating market growth.

Environmental Awareness: Aquaponics has gained traction due to its positive environmental impact. The system reduces the carbon footprint of food production and encourages more sustainable agriculture practices, attracting both investors and consumers interested in green technologies.

Key Market Dynamics

Urbanization and Limited Agricultural Land: As urban populations grow, available land for traditional farming decreases. Aquaponics offers a viable solution to grow food in urban environments, such as rooftops, warehouses, or small-scale farms.

Support from Governments and NGOs: The growing recognition of sustainable farming methods has led to governmental support and initiatives for aquaponics projects, especially in areas with poor soil or limited water resources.

Challenges in Initial Investment: While aquaponics provides long-term benefits, the initial investment required for setting up systems can be a barrier for small-scale farmers and individuals. However, the market is seeing a decline in equipment costs as technology improves.

Key Market Opportunities

Expansion in Emerging Markets: As the global population continues to rise, emerging markets in Asia, Africa, and Latin America present lucrative growth opportunities for aquaponics systems, especially in areas with limited arable land.

Integration of Aquaponics with Other Farming Techniques: Combining aquaponics with other farming practices like hydroponics and vertical farming opens new avenues for scalability and sustainability.

Education and Awareness Programs: Raising awareness about the benefits of aquaponics can drive adoption, particularly in schools, communities, and urban farming initiatives, leading to further market growth.

Segmentation

By Type:

Media-based Aquaponics: Uses a solid medium such as gravel or clay to support plant growth.

Hydroponic-based Aquaponics: Relies on water-based systems for plant growth without soil.

By Component:

Fish Tanks: Central to the system, where fish are raised.

Plant Grow Beds: Where plants are cultivated and grow.

Pumps: Essential for circulating water between the fish tanks and plant beds.

By Region:

North America: Dominates the aquaponics market with a growing number of commercial farms and government support for sustainable agriculture.

Asia-Pacific: Expected to experience the highest growth due to increasing urbanization, water scarcity, and the need for efficient farming solutions.

Europe: Strong demand for organic food and sustainable farming techniques supports aquaponics growth.

Middle East & Africa: Increasing focus on water conservation and food security in arid regions drives market demand.

Key Players

Nelson and Pade, Inc.

Aquaponic Lynx

AquaBounty Technologies

Pentair Aquatic Eco-Systems, Inc.

Green Life Aquaponics

American Hydroponics

Urban Farm Systems

Regions Covered

North America: The U.S. and Canada are key markets for aquaponics with significant investments in research and sustainable agriculture technologies.

Europe: The UK, Germany, and France are pioneering the adoption of aquaponics systems for urban farming.

Asia-Pacific: Countries like China, India, and Japan are witnessing an increase in aquaponics implementation due to population growth and the need for food security.

Middle East & Africa: Aquaponics offers a solution to food scarcity and water shortages in regions such as UAE, Saudi Arabia, and South Africa.

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Conclusion

The Aquaponics Market is poised for substantial growth over the next decade, driven by sustainability trends, the rising demand for locally sourced produce, and technological innovations. With increasing support from both governments and NGOs, aquaponics offers a sustainable farming solution that meets the growing need for food production, especially in urban areas and regions with limited resources. As the technology matures and more investments are made, the aquaponics industry is expected to play a pivotal role in the future of global food production.

Discover more Research Reports on Food and Beverages Industry, by Market Research Future:

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis about diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

[markandsparksolutions]

Organic Fruits and Vegetables Market: Growth, Trends, and Future Outlook

Introduction

The organic fruits and vegetables market has been witnessing remarkable growth as consumers become more health-conscious and demand for chemical-free, sustainable food options rises. The increasing shift towards organic farming, coupled with government initiatives promoting sustainable agriculture, is driving significant market expansion. With growing awareness of food safety and environmental concerns, the organic produce industry is poised for continued growth.

Market Overview

Current Market Size and Growth Trends

The global organic fruits and vegetables market was valued at USD 55.2 billion in 2023 and is projected to grow at a CAGR of 9.8% from 2024 to 2032, reaching approximately USD 125 billion by the end of the forecast period. This growth is fueled by increasing consumer preference for organic products, rising disposable incomes, and the expansion of organic farming practices.

Regional Market Insights

North America: The largest market, with the U.S. leading in organic produce consumption and retail sales exceeding USD 20 billion annually.

Europe: Strong growth due to government subsidies and increasing organic certifications, with Germany, France, and the UK being major consumers.

Asia-Pacific: The fastest-growing region, with countries like India and China investing in organic farming and sustainable agriculture practices.

Latin America & Middle East: Emerging markets with expanding consumer awareness and rising demand for pesticide-free food options.

Key Market Drivers

Increasing Health Awareness: Consumers are prioritizing chemical-free, non-GMO food, boosting demand for organic fruits and vegetables.

Government Support & Certification Programs: Various countries provide subsidies and certifications to encourage organic farming.

Expansion of Retail & Online Distribution Channels: Supermarkets, specialty stores, and e-commerce platforms like Amazon Fresh, Whole Foods, and Walmart are making organic products more accessible.

Growing Popularity of Sustainable Farming: Organic farming practices promote biodiversity, soil health, and reduced carbon footprint, aligning with global sustainability goals.

Leading Players in the Organic Fruits and Vegetables Market

The industry is highly competitive, with key players focusing on product innovation, sustainable sourcing, and expanding their global presence:

General Mills (USA) – A leader in organic food brands, including Cascadian Farm.

Danone (France) – Strong presence in organic dairy and plant-based products.

Earthbound Farm (USA) – A pioneer in large-scale organic fruit and vegetable farming.

Hain Celestial Group – Known for its diverse organic and natural product portfolio.

Green Organic Vegetables Inc. (Canada) – Specializes in premium-quality organic produce.

Challenges and Roadblocks

Despite the growing market, several challenges persist:

High Production Costs: Organic farming requires more labor and resources, making prices 30-50% higher than conventional produce.

Limited Shelf Life: Organic fruits and vegetables often spoil faster due to the absence of synthetic preservatives.

Supply Chain Complexities: Distribution and logistics of organic products can be more challenging, especially for perishable items.

Stringent Certification Processes: Organic certifications involve rigorous standards and compliance, increasing operational costs for farmers and businesses.

Future Outlook

The organic fruits and vegetables market is expected to continue expanding with technological advancements in organic farming, increasing availability of organic seeds, and the rise of urban and vertical farming. Growing consumer demand for farm-to-table products and sustainable agricultural practices will further propel the industry forward.

Conclusion

The organic fruits and vegetables market is set for sustained growth, driven by health-conscious consumers, government incentives, and retail expansion. Companies focusing on affordable pricing, innovative packaging, and sustainable farming will dominate the industry. As the demand for chemical-free food continues to rise, organic produce is becoming a mainstream choice for millions worldwide.

Looking to stay ahead in the organic produce industry? Keep up with the latest market trends and innovations by following our blog!

[industryforecastnews]

Smart Agriculture Market Size, Share And Industry Report, 2030

Smart Agriculture Market Growth & Trends

The global smart agriculture market size is expected to reach USD 54.71 billion by 2030, registering a CAGR of 13.7% during the forecast period, according to a new report by Grand View Research, Inc. The major factors driving the growth of the agtech industry are the increasing use of Artificial Intelligence (AI) and Internet of Things (IoT) and the integration of image processing technologies into agriculture. Agriculture has grown significantly in recent years owing to precision agriculture practices. The development plan of several nations, such as India, China, and Brazil, emphasizes digital transformation and digitization across various sectors, including agriculture.

The smart agriculture business is predicted to be driven by factors such as constant population increase, favourable government incentives, a scarcity of cultivable land, and a desire for high and fresh-quality food. According to World Health Organization (WHO) and Population Council, an estimated 80% of the world's population lives in urban cities. However, the current land constraint in metropolitan areas has compelled producers to find a new way to produce fresh vegetables. The adoption of smart agriculture techniques will allow producers to grow crops indoors, in a multi-story building, stacked on racks, and in warehouse.

Smart farming can be utilized to produce organic crops on a vast scale. Vertical farming can be used in the large-scale production of organic crops. Controlled growing technologies such as hydroponics and aeroponics eliminate the use of chemical pesticides. Crops are produced in carefully chosen and well-monitored circumstances to guarantee optimal growth all year. As compared to open-field agriculture and other farming practices, vertical farm systems provide more crop rotation. Controlled humidity, temperature, and daylight will eventually result in a faster crop cycle. It takes 21 days for the system to produce fresh vegetables and greens. The growth rate is controlled with the help of a computer database that manages optimum growing conditions for various varieties such as baby spinach, lettuces, baby rocket, tatsoi, and basil.

Technological improvements in numerous industries have also positively impacted agriculture, as landowners and farmers are always striving to get the most out of their resources and land. Furthermore, due to labor difficulties such as a shortage of qualified farmers, a rising number of aged farmers, and a growing trend of large-scale farms, agriculture automation is gaining pace. Innovations in GPS mapping and associated farm applications, as well as advancements in precision agriculture, are also assisting farmers in operating more effectively and increasing their profit margins.

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Smart Agriculture Market Report Highlights

Precision farming agriculture type held the significant market share in 2023 as it allows measured application of agriculture inputs such as fertilizers and pesticides, thereby boosting the crop yield

The software segment is expected to register the highest growth rate over the forecast period. Cloud-based software is expected to be in high demand in the coming years

Smart greenhouse application is expected to be the fastest-growing segment during the forecast period of 2024 to 2030. HVAC management applications held the largest share in terms of revenue in 2023

The increasing adoption of modern technologies in agriculture, along with the reduced price of connected devices, is likely to influence the demand for smart agriculture solutions in the Asia Pacific regional market.

Smart Agriculture Market Segmentation

Grand View Research has segmented the Smart Agriculture market based on offering, application, and regions

Smart Agriculture Type Outlook (Revenue, USD Million, 2017 - 2030)

Precision farming

Livestock monitoring

Smart greenhouse

Others

Smart Agriculture Offering Outlook (Revenue, USD Million, 2017 - 2030)

Hardware

Software

Types

Smart Agriculture Application Outlook (Revenue, USD Million; 2017 - 2030)

Precision farming application

Livestock monitoring application

Smart greenhouse application

Others

Smart Agriculture Regional Outlook (Revenue, USD Billion, 2017 - 2030)

North America

Europe

Asia Pacific

South America

Middle East and Africa (MEA)

List of Key Players in the Smart Agriculture Market

Ag Leader Technology

AGCO Corporation

AgJunction, Inc.

AgEagle Aerial Systems Inc.

Autonomous Solutions, Inc.

Argus Control Systems Ltd

BouMatic Robotic B.V.

CropMetrics

CLAAS KGaA mbH

CropZilla

Deere & Company

DICKEY-john

DroneDeploy

DeLaval Inc

Farmers Edge Inc

Grownetics, Inc.

Granular, Inc.

Gamaya

GEA Group Aktiengesellschaft

Raven Industries

Trimble Inc.

Topcon Positioning System

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/smart-agriculture-farming-market

[business-market-insights]

North America Vertical Farming Market Trends, Size, Segment and Growth by Forecast to 2030

Market Introduction Update

Vertical farming continues to gain traction as a sustainable solution to address global food security challenges, urbanization, and climate change. The integration of advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and machine learning has revolutionized the industry, enabling precise control over growing conditions and optimizing resource use. Additionally, the adoption of automation and robotics in vertical farms has further enhanced operational efficiency, reducing labor costs and minimizing human error.

The three primary techniques—hydroponics, aquaponics, and aeroponics—are being refined with innovations in nutrient delivery systems, energy-efficient LED lighting, and water recycling mechanisms. The market is also witnessing a surge in modular vertical farming systems, which allow for scalability and flexibility in urban environments. Furthermore, the growing demand for organic and pesticide-free produce is driving the expansion of vertical farming, as it offers a controlled environment that eliminates the need for harmful chemicals.

North America Vertical Farming Strategic Insights Update

The North American vertical farming market is experiencing rapid growth, driven by increasing consumer awareness of sustainable agriculture and the need for locally sourced, fresh produce. Key strategic insights for the region include:

Technological Advancements: The adoption of AI and IoT in vertical farming is enabling real-time monitoring and data-driven decision-making. Companies are investing in predictive analytics to optimize crop yields and reduce operational costs.

Partnerships and Collaborations: Strategic alliances between vertical farming companies and technology providers are becoming more common. For example, partnerships with renewable energy companies are helping farms reduce their carbon footprint and achieve energy efficiency.

Consumer Trends: There is a growing preference for hyper-local produce and transparent supply chains. Vertical farms are leveraging this trend by positioning themselves as providers of fresh, traceable, and sustainably grown food.

Investment Opportunities: The North American market is attracting significant investments from venture capitalists, private equity firms, and even government grants aimed at promoting sustainable agriculture. Startups and established players are scaling their operations to meet the rising demand.

Regulatory Support: Governments in the U.S. and Canada are introducing policies and incentives to support vertical farming, such as tax breaks, subsidies, and grants for sustainable agricultural practices.

North America Vertical Farming Regional Insights Update

The North American vertical farming market is highly diverse, with regional variations in consumer preferences, economic conditions, and regulatory frameworks. Key regional insights include:

United States: The U.S. dominates the North American vertical farming market, with major hubs in cities like New York, Chicago, and San Francisco. The demand for locally grown, organic produce is particularly high in urban areas. States like California and Texas are leading in terms of innovation and adoption due to their large populations and favorable climates for indoor farming.

Canada: Canada is emerging as a key player in vertical farming, with a focus on sustainability and food security. Cities like Toronto and Vancouver are witnessing a surge in vertical farming initiatives, supported by government policies promoting green technologies.

Regional Consumer Preferences: In the U.S., there is a strong demand for leafy greens, herbs, and microgreens, while in Canada, there is growing interest in strawberries and tomatoes. Understanding these preferences is crucial for tailoring product offerings.

Underserved Markets: Rural areas and smaller cities in North America present untapped opportunities for vertical farming. Companies are exploring decentralized farming models to bring fresh produce closer to these communities.

Climate Adaptability: Vertical farming is particularly advantageous in regions with harsh climates, such as the northern parts of Canada and the U.S., where traditional agriculture is challenging. By controlling environmental conditions, vertical farms can produce crops year-round, regardless of external weather conditions.

Future Outlook

The future of vertical farming in North America looks promising, with several trends expected to shape the industry:

Energy Efficiency: Innovations in renewable energy integration, such as solar panels and wind turbines, will help vertical farms reduce their reliance on grid electricity and lower operational costs.

Crop Diversification: While leafy greens dominate the market, there is increasing experimentation with fruits, vegetables, and even medicinal plants in vertical farms.

Smart Cities Integration: Vertical farming is expected to play a key role in the development of smart cities, where urban agriculture is integrated into residential and commercial buildings. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡���𝐫𝐞 - https://www.businessmarketinsights.com/sample/TIPRE00025863

Consumer Education: As awareness of vertical farming grows, companies will need to invest in educating consumers about the benefits of this farming method, such as reduced water usage, lower carbon emissions, and pesticide-free produce.

Global Expansion: North American vertical farming companies are exploring opportunities to expand into international markets, leveraging their expertise and technological advancements.

By staying ahead of these trends and leveraging strategic insights, stakeholders in the North American vertical farming market can position themselves for long-term success and contribute to a more sustainable food system.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Défense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications Author’s Bio: Akshay Senior Market Research Expert at Business Market Insight

[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.

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Soil-Free, Limitless Potential: Driving Growth in the Hydroponics Industry

The global hydroponics market size is estimated to reach USD 10.98 billion by 2030, exhibiting a CAGR of 12.4% from 2024 to 2030, according to the new study conducted by Grand View Research, Inc. The integration of smart farming technologies, notably exemplified by the adoption of vertical farming, has played a pivotal role in advancing hydroponics and is projected to be a key driver of market growth. The continuous improvement in hydroponics technologies, coupled with the introduction of state-of-the-art innovations such as environmental and temperature sensing, remote growth monitoring, and automatic nutrient reading, is expected to significantly bolster the demand for hydroponic solutions in the market.

Based on type, the market is categorized into aggregate systems and liquid systems. The aggregate systems segment is projected to continue holding the largest market share over the forecast period. The liquid systems segment is poised for substantial growth at a high Compound Annual Growth Rate (CAGR) during the forecast period. In contrast, aggregate hydroponics farming involves a range of technologies, including drip, wick, and ebb and flow systems. In these methods, plants are cultivated using a medium like rock wool or perlite. Selecting the appropriate medium is crucial for farmers, considering variations in pH and thickness that can impact root growth. However, liquid systems, such as deep-water culture and Nutrient Film Technique (NFT), eliminate the need for such media by delivering nutrients directly to the roots. This streamlined approach not only enhances efficiency but also accelerates the time required for yielding crops. Consequently, the adoption of liquid systems is anticipated to experience substantial growth throughout the forecast period.

The primary crops cultivated through the hydroponics method are tomatoes, lettuce, cucumber, and herbs. The majority of indoor farmers use hydroponic systems to grow tomatoes. As a result, the tomatoes segment dominates the entire market in 2022 and is estimated to continue its dominance over the forecast period. Rising demand for organically grown, pesticide-free, and highly nutritious vegetables is expected to drive the adoption of hydroponics for the cultivation of lettuce and other leafy vegetables along with other indoor farming techniques. Among all the leafy vegetables, green leaf lettuce is increasingly gaining popularity among the growers owing to its high consumption rate and worldwide demand. However, owing to the changing and favorable regulations about the growth of legalized marijuana, cannabis farmers across the globe are increasingly adopting the hydroponic farming method.

Asia Pacific held the largest market share in 2023, as countries such as China, India, and Japan are finding lucrative opportunities in hydroponics farming to cater to the rising food demand. However, Europe is expected to register the fastest CAGR over the forecast period owing to the favorable government scenario regarding the development and adoption of alternative farming technologies.

The market is fragmented and has the presence of several key market players. Some prominent players in the market include AeroFarms, AmHydro, Argus Control Systems Limited, BrightFarms., Heliospectra and UrbanKisaan, among others. These players are adopting strategies such as partnerships and collaborations to gain a competitive edge. For instance, AeroFarms and Silal, a prominent fresh produce and agri-tech company in Abu Dhabi, have entered into a Memorandum of Understanding (MoU) to establish a durable research and development partnership focused on knowledge and technology exchange in advanced farming methods such as verical farming and hydroponics farming with local farmers.

Hydroponics Market Report Highlights

The market is expected to grow due to factors such as increasing demand for high-quality and pesticide-free crops, limited availability of arable land, and advancements in technology for efficient cultivation.

The aggregate systems holds a significant market share in the market due to factors such as their ability to provide controlled environments for plant growth, efficient nutrient delivery systems, and the flexibility to cultivate a wide range of crops.

The lettuce segment is projected to grow at the fastest CAGR of 15.4% over the forecast period. The online distribution channel segment growth is attributed to the factors such as its relatively short growth cycle, rising demand from households and fast-food chains, and its raw consumption in large quantities.

Europe is likely to emerge as the prominent segment, holding the largest market share by 2030. The countries such as the Netherlands, Turkey, and Spain witness a high adoption rate of hydroponics.

Hydroponics Market Segmentation

Grand View Research has segmented global hydroponics market report based on type, crop type, crop area, and region

Hydroponics Type Outlook (Revenue, USD Billion, 2017 - 2030)

Aggregate Systems

EBB & Flow Systems

Drip Systems

Wick Systems

Liquid Systems

Deep Water Culture

Nutrient Film Technique (NFT)

Aeroponics

Hydroponics Crop Type Outlook (Revenue, USD Billion, 2017 - 2030)

Tomatoes

Lettuce

Peppers

Cucumbers

Herbs

Others

Hydroponics Crop Area Outlook (Revenue, USD Billion, 2017 - 2030)

Upto 1000 sq.ft.

1000-50000 sq.ft.

Above 50000 sq.ft

Hydroponics Regional Outlook (Revenue, USD Billion, 2017 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Asia Pacific

China

Japan

India

South America

Brazil

Middle East and Africa (MEA)

Key Players

AeroFarms

AmHydro

Argus Control Systems Limited

Emirates Hydroponics Farms

Freight Farms, Inc.

Heliospectra

Signify Holding

Nutrifresh India

UrbanKisaan

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

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Horticultural Greenhouse Market

Horticultural Greenhouse Market Size, Share, Trends: Richel Group SA Leads

Increasing Adoption of Vertical Farming Boosts Demand for Greenhouses

Market Overview:

The global Horticultural Greenhouse market is projected to grow at a CAGR of 8.2% during the forecast period of 2024-2031, reaching a market value of USD YY billion by 2031. The Asia-Pacific region currently dominates the market with a share of YY%, driven by the increasing adoption of greenhouse horticulture in countries like China and India. The market growth is attributed to factors such as rising global food demand, need for year-round crop production, and increasing focus on sustainable agriculture practices. Horticultural greenhouses provide a regulated environment in which crops can grow to their full potential while still being protected from the elements. The market is expanding rapidly due to rising demand for fresh produce, urbanization, and the necessity for efficient land use. Automation and smart agricultural technologies are driving market growth.

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Market Trends:

Vertical farming is gaining popularity as a sustainable and effective food production method, especially in cities with limited land. Greenhouses play an important part in vertical farming because they provide a regulated environment for multi-layer crop development. According to our analysis, the global vertical farming market is predicted to reach USD XX billion by 2026, with a CAGR of 24.6% between 2019 and 2026. The growing popularity of vertical farming is generating demand for modern greenhouse systems with features such as hydroponics, LED lighting, and climate control.

Market Segmentation:

The plastic greenhouse category is predicted to increase significantly during the forecast period. Plastic greenhouses are gaining popularity because they are less expensive, lighter in weight, and easier to build than glass greenhouses. They have good light transmission and can be easily customised to meet diverse crop needs. According to our analysis, the global plastic greenhouse market is expected to reach USD XX billion by 2027, rising at an 8.5% CAGR between 2020 and 2027. The increasing adoption of plastic greenhouses in underdeveloped nations, where cost is a major issue, is propelling the industry forward.

Market Key Players:

The horticultural greenhouse industry is highly competitive, with many global and regional participants. Leading market players include Richel Group SA, Certhon Build B.V., Argus Control Systems Ltd., Logiqs B.V., Lumigrow, Inc., Agra Tech, Inc., Rough Brothers, Inc., Heliospectra AB, Netafim Ltd., and Greentech Agro LLC.

Contact Us:

Name: Hari Krishna

Email us: hari.krishna@aurorawaveintellects.com

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Smart Agriculture Market set to Witness Rapid Growth by 2030

The global smart agriculture market size is expected to reach USD 54.71 billion by 2030, registering a CAGR of 13.7% during the forecast period, according to a new report by Grand View Research, Inc. The major factors driving the growth of the agtech industry are the increasing use of Artificial Intelligence (AI) and Internet of Things (IoT) and the integration of image processing technologies into agriculture. Agriculture has grown significantly in recent years owing to precision agriculture practices. The development plan of several nations, such as India, China, and Brazil, emphasizes digital transformation and digitization across various sectors, including agriculture.

The smart agriculture business is predicted to be driven by factors such as constant population increase, favourable government incentives, a scarcity of cultivable land, and a desire for high and fresh-quality food. According to World Health Organization (WHO) and Population Council, an estimated 80% of the world's population lives in urban cities. However, the current land constraint in metropolitan areas has compelled producers to find a new way to produce fresh vegetables. The adoption of smart agriculture techniques will allow producers to grow crops indoors, in a multi-story building, stacked on racks, and in warehouse.

Gather more insights about the market drivers, restrains and growth of the Global Smart Agriculture Market

Smart farming can be utilized to produce organic crops on a vast scale. Vertical farming can be used in the large-scale production of organic crops. Controlled growing technologies such as hydroponics and aeroponics eliminate the use of chemical pesticides. Crops are produced in carefully chosen and well-monitored circumstances to guarantee optimal growth all year. As compared to open-field agriculture and other farming practices, vertical farm systems provide more crop rotation. Controlled humidity, temperature, and daylight will eventually result in a faster crop cycle. It takes 21 days for the system to produce fresh vegetables and greens. The growth rate is controlled with the help of a computer database that manages optimum growing conditions for various varieties such as baby spinach, lettuces, baby rocket, tatsoi, and basil.

Technological improvements in numerous industries have also positively impacted agriculture, as landowners and farmers are always striving to get the most out of their resources and land. Furthermore, due to labor difficulties such as a shortage of qualified farmers, a rising number of aged farmers, and a growing trend of large-scale farms, agriculture automation is gaining pace. Innovations in GPS mapping and associated farm applications, as well as advancements in precision agriculture, are also assisting farmers in operating more effectively and increasing their profit margins.

Smart Agriculture Market Report Highlights

Precision farming agriculture type held the significant market share in 2023 as it allows measured application of agriculture inputs such as fertilizers and pesticides, thereby boosting the crop yield

The software segment is expected to register the highest growth rate over the forecast period. Cloud-based software is expected to be in high demand in the coming years

Smart greenhouse application is expected to be the fastest-growing segment during the forecast period of 2024 to 2030. HVAC management applications held the largest share in terms of revenue in 2023

The increasing adoption of modern technologies in agriculture, along with the reduced price of connected devices, is likely to influence the demand for smart agriculture solutions in the Asia Pacific regional market.

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

Satellite Propulsion System Market: The global satellite propulsion system market size was estimated at USD 11.05 billion in 2024 and is projected to grow at a CAGR of 13.6% from 2025 to 2030.

AI In Cybersecurity Market: The global AI in cybersecurity market size was estimated at USD 25.35 billion in 2024 and is expected to witness a CAGR of 24.4% from 2025 to 2030.

Smart Agriculture Market Segmentation

Grand View Research has segmented the Smart Agriculture market based on offering, application, and regions

Smart Agriculture Type Outlook (Revenue, USD Million, 2017 - 2030)

Precision farming

Livestock monitoring

Smart greenhouse

Others

Smart Agriculture Offering Outlook (Revenue, USD Million, 2017 - 2030)

Hardware

Automation & control systems

Sensing devices

HVAC system

LED grow light

RFID tags & readers

Software

Web-based

Cloud-based

Types

System integration & consulting

Maintenance & support

Managed types

Assisted professional types

Smart Agriculture Application Outlook (Revenue, USD Million; 2017 - 2030)

Precision farming application

Yield monitoring

Field mapping

Crop scouting

Weather tracking & forecasting

Irrigation management

Inventory management

Farm labor management

Livestock monitoring application

Milk harvesting

Breeding management

Feeding management

Animal comfort management

Others

Smart greenhouse application

Water & fertilizer management

HVAC management

Yield monitoring

Others

Others

Smart Agriculture Regional Outlook (Revenue, USD Billion, 2017 - 2030)

North America

Europe

Asia Pacific

South America

Middle East and Africa (MEA)

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