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Vertical Farming Crops Market Experience A Tremendous Growth In Near Future | PlantLab, Spread Co., Bowery Farming, InFarm, Plenty


iCrowdNewswire   Nov 10, 2020  4:08 AM ET

The ‘ Vertical Farming Crops market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Vertical Farming Crops market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Vertical Farming Crops market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence.

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Vertical farming refers to type of indoor agriculture wherein the plants are produced in vertical layers. They could also be stacked horizontally or in three-dimensional configurations. Some of the plants grown through vertical farming include vining plants, leafy greens, herbs, and specialty produce.

The essential nutrients in fruits and vegetables are reduced to a considerable extent during import and export. In addition, majority of this conventionally grown produce is sprayed with pesticides and fungicides. These factors drive the consumers’ inclination toward locally grown produce. Furthermore, due to increased focus toward health consciousness, the demand for pesticide-free food products, by consumers globally, has risen radically, which is one of the most crucial factors that propels the demand for vertically farmed crops, since they are cultivated with extreme hygiene, are pesticide-free, and delivered for direct retail within hours of harvest. Moreover, with the advancement in technologies and the use of Internet of Things (IoT), crops grown through vertical farming are uninterruptedly tracked for optimum nutrition and growth as well as reduced human intervention. Most significantly, vertically farmed crops enable to meet the year-round demand for crops since they are resistant from outside environmental alterations, interventions, and hence can be cultivated numerous times yearly. These factors cumulatively drive the demand for vertical farming crops market. However, cultivating crops through vertical farming incurs high investment since it requires skilled workforce, LED lights, water and nutrient reservoir, irrigation system, and other related technological and building costs. These factors can potentially hinder the growth of the market.

The vertical farming crops market is segmented on the basis of crop type, end user, farming technique and region. Based on crop type, the market is categorized into tomato, leafy greens, herbs, and others. By end user, the market is bifurcated into direct retail and food service. By farming technique, the market is classified into hydroponics, aeroponics, and aquaponics. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the vertical farming crops market include AeroFarms, 

PlantLab, Spread Co., Bowery Farming, InFarm, Plenty, Gotham Greens, AgriCool,

CropOne, and Green Spirits Farm.

KEY BENEFITS FOR STAKEHOLDERS

– The report provides a quantitative analysis of the current vertical farming crops market trends, estimations, and dynamics of the market size from 2021 to 2027 to identify the prevailing opportunities.

– Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.

– In-depth analysis and the market size and segmentation assists in determining the prevailing vertical farming crops market opportunities.

– The major countries in each region are mapped according to their revenue contribution to the market.

– The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the vertical farming crops industry.

KEY MARKET SEGMENTS

– By Crop Type

o Tomato

o Leafy Greens

o Herbs

o Others

– By End-User

o Direct Retail

o Food Service 

– By Farming Technique

o Hydroponics

o Aeroponics

o Aquaponics

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

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Furthermore, the years considered for the study are as follows:

Historical year – 2014-2019 | Base year – 2019 | Forecast period** – 2020 to 2026 [** unless otherwise stated]

Changing Forecasts in a Time of Crisis: explores key issues, including:

Key questions answered: The Study Explore COVID 19 Outbreak Impact Analysis

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Key Points Covered in Vertical Farming Crops Market Report:

Continued….

……..and view more in complete table of Contents

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