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Global Vertical Farming Produce Market By Structure, By Growing Mechanism, By Crop, By Region, Industry Analysis and Forecast, 2020 - 2026

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    Report

  • 210 Pages
  • November 2020
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5214435
Description Jump to:
The Global Vertical Farming Produce Market size is expected to reach $4.7 billion by 2026, rising at a market growth of 22% CAGR during the forecast period. Vertical farming is a cultivation method in which various types of products are cultivated in vertically arranged layers, in fallow or unused vertical spaces of skyscrapers, warehouses, shipping containers, etc. This process allows profitability for several organizations so as to meet their Corporate Social Responsibility (CSR) with the help of sustainable agricultural practices. There are many other benefits of vertical farming technology such as the utilization of indoor farming techniques, and controlled-environment agriculture technology where all environmental factors can be regulated and controlled for the proper development of the crop. Vertical farming is basically carried out by 3 modes or technologies that are hydroponics, aeroponics, and aquaponics. Each process requires various equipment, vegetables, fruits, herbs, and aquatic species. This vertical cultivation technique finds various types of applications in several indoor and outdoor environments.



Swiftly growing population across the globe and the increasing demand for higher agricultural yields from a limited arable land is one of the prime factors that have a positive impact on the vertical farming market in the foreseeable period of time. For example, according to Food & Agricultural Organization (FAO), the urban regions of the world are likely to have 70% of the global population by the year 2050, this will result in pressurizing the agricultural productivity to increase in the coming years. This technique has many benefits compared to conventional farming like, low utilization of water, less dependency on soil fertility, controlled weather conditions with the help of agrochemicals, which will change the entire agribusiness in the coming years. Furthermore, vertical farming has the ability to produce high-quality vegetables, fruits, and herbs all the way through the year is a factor that will augment product growth in the future.

The outbreak of COVID-19 has positively contributed to a surge in the demand for vertical farming. The global supply chains have been witnessed enormous disruptions since the COVID-19 pandemic. As a result of which the crops that are grown through conventional farming in the fields are now turning into waste. In contrast to it, companies like AeroFarms and Bowery Farming, Inc. is ready to capitalize on the benefit of the crops that are grown in the heart of urban areas. Those crops that are grown in vertical farms require less human exposure so the safety, and freshness accompanying them have inspired consumers to go for vertically grown produce.



Based on Structure, the market is segmented into Building-based and Shipping Container. Based on Growing Mechanism, the market is segmented into Hydroponics, Aquaponics and Aeroponics. Based on Crop, the market is segmented into Tomato, Leafy Greens (excluding lettuce), Bell & Chili Peppers, Cucumber, Strawberry, Lettuce & Herbs and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Toro Company, Valmont Industries, Inc., Lindsay Corporation, Orbia Advance Corporation (Netafilm Ltd.), Hunter Industries, Inc., Rain Bird Corporation, Jain Irrigation Systems Limited, Rubicon Water, Galcon Ltd., and Telsco Industries, Inc. (Weathermatic).

Strategies deployed in Vertical Farming Produce Market

Sep-2020: Bowery Farming announced the availability of its fresh, traceable Protected Products in more than 650 U.S. Stores. The expansion has been focused on becoming the largest vertical farming company in the U.S.

Aug-2020: Plenty Unlimited came into partnership with Albertsons Companies, Inc., an American Grocery Company. The partnership was focused on providing shoppers in more than 430 stores across California.

May-2020: Gotham Greens opened a new greenhouse in the Mountain Region. The greenhouse is built in 30,000 square foot adjacent to Stanley Marketplace, a food hall and urban market in Aurora, Colo.

Apr-2020: AeroFarms is building one of the world’s largest vertical farms with 90,000 square foot indoor in Abu Dhabi. The farm is building with the AeroFarm’s expertise and proprietary indoor vertical farming technology that uses up to 95% less water and zero pesticides than traditional field farming.

Feb-2020: Coop Denmark, Supermarket Chain partnered with Germany’s InFarm. The partnership was aimed to bring vertical farming in InFarm Stores of Coop Denmark, which focused on high-tech vertical farming pods installed inside locations like grocery stores or restaurants.

Feb-2020: Gotham Greens announced that it opened a hydroponic greenhouse, outside Baltimore, Maryland. The Greenhouse was built in 100,000-square-foot and is the company’s seventh greenhouse in the U.S., and it is first one to grow year-round produce.

Dec-2019: AeroFarms invested $42 million in building the largest and most sophisticated indoor vertical farm in the Cane Creek Centre. This center is a joint industrial park for the City of Danville and Pittsylvania County.

Nov-2019: Gotham Greens established one of the largest Greenhouses in Chicago. The expansion was focused on delivering consumers with year-round supply of fresh produce.

Jul-2019: AeroFarms expanded its business by investing $100m in its warehouses of stacked growing trays and branch out into different produce.

Scope of the Study

Market Segmentation:

By Structure
  • Building-based
  • Shipping Container

By Growing Mechanism
  • Hydroponics
  • Aquaponics
  • Aeroponics

By Crop
  • Tomato
  • Leafy Greens (excluding lettuce)
  • Bell & Chili Peppers
  • Cucumber
  • Strawberry
  • Lettuce & Herbs
  • Others

By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled
  • The Toro Company
  • Valmont Industries, Inc.
  • Lindsay Corporation
  • Orbia Advance Corporation (Netafilm Ltd.)
  • Hunter Industries, Inc.
  • Rain Bird Corporation
  • Jain Irrigation Systems Limited
  • Rubicon Water
  • Galcon Ltd.
  • Telsco Industries, Inc. (Weathermatic)

Unique Offerings from the Publisher
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  • Highest number of market tables and figures
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  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Vertical Farming Produce Market, by Structure
1.4.2 Global Vertical Farming Produce Market, by Growing Mechanism
1.4.3 Global Vertical Farming Produce Market, by Crop
1.4.4 Global Vertical Farming Produce Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Vertical Farming Produce Market by Structure
3.1 Global Vertical Farming Produce Building-based Market by Region
3.2 Global Vertical Farming Produce Shipping Container Market by Region
Chapter 4. Global Vertical Farming Produce Market by Growing Mechanism
4.1 Global Vertical Farming Produce Hydroponics Market by Region
4.2 Global Vertical Farming Produce Aquaponics Market by Region
4.3 Global Vertical Farming Produce Aeroponics Market by Region
Chapter 5. Global Vertical Farming Produce Market by Crop
5.1 Global Tomato Vertical Farming Produce Market by Region
5.2 Global Leafy Greens (excluding lettuce) Vertical Farming Produce Market by Region
5.3 Global Bell & Chili Peppers Vertical Farming Produce Market by Region
5.4 Global Cucumber Vertical Farming Produce Market by Region
5.5 Global Strawberry Vertical Farming Produce Market by Region
5.6 Global Lettuce & Herbs Vertical Farming Produce Market by Region
5.7 Global Others Vertical Farming Produce Market by Region
Chapter 6. Global Vertical Farming Produce Market by Region
6.1 North America Vertical Farming Produce Market
6.1.1 North America Vertical Farming Produce Market by Structure
6.1.1.1 North America Vertical Farming Produce Building-based Market by Country
6.1.1.2 North America Vertical Farming Produce Shipping Container Market by Country
6.1.2 North America Vertical Farming Produce Market by Growing Mechanism
6.1.2.1 North America Vertical Farming Produce Hydroponics Market by Country
6.1.2.2 North America Vertical Farming Produce Aquaponics Market by Country
6.1.2.3 North America Vertical Farming Produce Aeroponics Market by Country
6.1.3 North America Vertical Farming Produce Market by Crop
6.1.3.1 North America Tomato Vertical Farming Produce Market by Country
6.1.3.2 North America Leafy Greens (excluding lettuce) Vertical Farming Produce Market by Country
6.1.3.3 North America Bell & Chili Peppers Vertical Farming Produce Market by Country
6.1.3.4 North America Cucumber Vertical Farming Produce Market by Country
6.1.3.5 North America Strawberry Vertical Farming Produce Market by Country
6.1.3.6 North America Lettuce & Herbs Vertical Farming Produce Market by Country
6.1.3.7 North America Others Vertical Farming Produce Market by Country
6.1.4 North America Vertical Farming Produce Market by Country
6.1.4.1 US Vertical Farming Produce Market
6.1.4.1.1 US Vertical Farming Produce Market by Structure
6.1.4.1.2 US Vertical Farming Produce Market by Growing Mechanism
6.1.4.1.3 US Vertical Farming Produce Market by Crop
6.1.4.2 Canada Vertical Farming Produce Market
6.1.4.2.1 Canada Vertical Farming Produce Market by Structure
6.1.4.2.2 Canada Vertical Farming Produce Market by Growing Mechanism
6.1.4.2.3 Canada Vertical Farming Produce Market by Crop
6.1.4.3 Mexico Vertical Farming Produce Market
6.1.4.3.1 Mexico Vertical Farming Produce Market by Structure
6.1.4.3.2 Mexico Vertical Farming Produce Market by Growing Mechanism
6.1.4.3.3 Mexico Vertical Farming Produce Market by Crop
6.1.4.4 Rest of North America Vertical Farming Produce Market
6.1.4.4.1 Rest of North America Vertical Farming Produce Market by Structure
6.1.4.4.2 Rest of North America Vertical Farming Produce Market by Growing Mechanism
6.1.4.4.3 Rest of North America Vertical Farming Produce Market by Crop
6.2 Europe Vertical Farming Produce Market
6.2.1 Europe Vertical Farming Produce Market by Structure
6.2.1.1 Europe Vertical Farming Produce Building-based Market by Country
6.2.1.2 Europe Vertical Farming Produce Shipping Container Market by Country
6.2.2 Europe Vertical Farming Produce Market by Growing Mechanism
6.2.2.1 Europe Vertical Farming Produce Hydroponics Market by Country
6.2.2.2 Europe Vertical Farming Produce Aquaponics Market by Country
6.2.2.3 Europe Vertical Farming Produce Aeroponics Market by Country
6.2.3 Europe Vertical Farming Produce Market by Crop
6.2.3.1 Europe Tomato Vertical Farming Produce Market by Country
6.2.3.2 Europe Leafy Greens (excluding lettuce) Vertical Farming Produce Market by Country
6.2.3.3 Europe Bell & Chili Peppers Vertical Farming Produce Market by Country
6.2.3.4 Europe Cucumber Vertical Farming Produce Market by Country
6.2.3.5 Europe Strawberry Vertical Farming Produce Market by Country
6.2.3.6 Europe Lettuce & Herbs Vertical Farming Produce Market by Country
6.2.3.7 Europe Others Vertical Farming Produce Market by Country
6.2.4 Europe Vertical Farming Produce Market by Country
6.2.4.1 Germany Vertical Farming Produce Market
6.2.4.1.1 Germany Vertical Farming Produce Market by Structure
6.2.4.1.2 Germany Vertical Farming Produce Market by Growing Mechanism
6.2.4.1.3 Germany Vertical Farming Produce Market by Crop
6.2.4.2 UK Vertical Farming Produce Market
6.2.4.2.1 UK Vertical Farming Produce Market by Structure
6.2.4.2.2 UK Vertical Farming Produce Market by Growing Mechanism
6.2.4.2.3 UK Vertical Farming Produce Market by Crop
6.2.4.3 France Vertical Farming Produce Market
6.2.4.3.1 France Vertical Farming Produce Market by Structure
6.2.4.3.2 France Vertical Farming Produce Market by Growing Mechanism
6.2.4.3.3 France Vertical Farming Produce Market by Crop
6.2.4.4 Russia Vertical Farming Produce Market
6.2.4.4.1 Russia Vertical Farming Produce Market by Structure
6.2.4.4.2 Russia Vertical Farming Produce Market by Growing Mechanism
6.2.4.4.3 Russia Vertical Farming Produce Market by Crop
6.2.4.5 Spain Vertical Farming Produce Market
6.2.4.5.1 Spain Vertical Farming Produce Market by Structure
6.2.4.5.2 Spain Vertical Farming Produce Market by Growing Mechanism
6.2.4.5.3 Spain Vertical Farming Produce Market by Crop
6.2.4.6 Italy Vertical Farming Produce Market
6.2.4.6.1 Italy Vertical Farming Produce Market by Structure
6.2.4.6.2 Italy Vertical Farming Produce Market by Growing Mechanism
6.2.4.6.3 Italy Vertical Farming Produce Market by Crop
6.2.4.7 Rest of Europe Vertical Farming Produce Market
6.2.4.7.1 Rest of Europe Vertical Farming Produce Market by Structure
6.2.4.7.2 Rest of Europe Vertical Farming Produce Market by Growing Mechanism
6.2.4.7.3 Rest of Europe Vertical Farming Produce Market by Crop
6.3 Asia Pacific Vertical Farming Produce Market
6.3.1 Asia Pacific Vertical Farming Produce Market by Structure
6.3.1.1 Asia Pacific Vertical Farming Produce Building-based Market by Country
6.3.1.2 Asia Pacific Vertical Farming Produce Shipping Container Market by Country
6.3.2 Asia Pacific Vertical Farming Produce Market by Growing Mechanism
6.3.2.1 Asia Pacific Vertical Farming Produce Hydroponics Market by Country
6.3.2.2 Asia Pacific Vertical Farming Produce Aquaponics Market by Country
6.3.2.3 Asia Pacific Vertical Farming Produce Aeroponics Market by Country
6.3.3 Asia Pacific Vertical Farming Produce Market by Crop
6.3.3.1 Asia Pacific Tomato Vertical Farming Produce Market by Country
6.3.3.2 Asia Pacific Leafy Greens (excluding lettuce) Vertical Farming Produce Market by Country
6.3.3.3 Asia Pacific Bell & Chili Peppers Vertical Farming Produce Market by Country
6.3.3.4 Asia Pacific Cucumber Vertical Farming Produce Market by Country
6.3.3.5 Asia Pacific Strawberry Vertical Farming Produce Market by Country
6.3.3.6 Asia Pacific Lettuce & Herbs Vertical Farming Produce Market by Country
6.3.3.7 Asia Pacific Others Vertical Farming Produce Market by Country
6.3.4 Asia Pacific Vertical Farming Produce Market by Country
6.3.4.1 China Vertical Farming Produce Market
6.3.4.1.1 China Vertical Farming Produce Market by Structure
6.3.4.1.2 China Vertical Farming Produce Market by Growing Mechanism
6.3.4.1.3 China Vertical Farming Produce Market by Crop
6.3.4.2 Japan Vertical Farming Produce Market
6.3.4.2.1 Japan Vertical Farming Produce Market by Structure
6.3.4.2.2 Japan Vertical Farming Produce Market by Growing Mechanism
6.3.4.2.3 Japan Vertical Farming Produce Market by Crop
6.3.4.3 India Vertical Farming Produce Market
6.3.4.3.1 India Vertical Farming Produce Market by Structure
6.3.4.3.2 India Vertical Farming Produce Market by Growing Mechanism
6.3.4.3.3 India Vertical Farming Produce Market by Crop
6.3.4.4 South Korea Vertical Farming Produce Market
6.3.4.4.1 South Korea Vertical Farming Produce Market by Structure
6.3.4.4.2 South Korea Vertical Farming Produce Market by Growing Mechanism
6.3.4.4.3 South Korea Vertical Farming Produce Market by Crop
6.3.4.5 Singapore Vertical Farming Produce Market
6.3.4.5.1 Singapore Vertical Farming Produce Market by Structure
6.3.4.5.2 Singapore Vertical Farming Produce Market by Growing Mechanism
6.3.4.5.3 Singapore Vertical Farming Produce Market by Crop
6.3.4.6 Malaysia Vertical Farming Produce Market
6.3.4.6.1 Malaysia Vertical Farming Produce Market by Structure
6.3.4.6.2 Malaysia Vertical Farming Produce Market by Growing Mechanism
6.3.4.6.3 Malaysia Vertical Farming Produce Market by Crop
6.3.4.7 Rest of Asia Pacific Vertical Farming Produce Market
6.3.4.7.1 Rest of Asia Pacific Vertical Farming Produce Market by Structure
6.3.4.7.2 Rest of Asia Pacific Vertical Farming Produce Market by Growing Mechanism
6.3.4.7.3 Rest of Asia Pacific Vertical Farming Produce Market by Crop
6.4 LAMEA Vertical Farming Produce Market
6.4.1 LAMEA Vertical Farming Produce Market by Structure
6.4.1.1 LAMEA Vertical Farming Produce Building-based Market by Country
6.4.1.2 LAMEA Vertical Farming Produce Shipping Container Market by Country
6.4.2 LAMEA Vertical Farming Produce Market by Growing Mechanism
6.4.2.1 LAMEA Vertical Farming Produce Hydroponics Market by Country
6.4.2.2 LAMEA Vertical Farming Produce Aquaponics Market by Country
6.4.2.3 LAMEA Vertical Farming Produce Aeroponics Market by Country
6.4.3 LAMEA Vertical Farming Produce Market by Crop
6.4.3.1 LAMEA Tomato Vertical Farming Produce Market by Country
6.4.3.2 LAMEA Leafy Greens (excluding lettuce) Vertical Farming Produce Market by Country
6.4.3.3 LAMEA Bell & Chili Peppers Vertical Farming Produce Market by Country
6.4.3.4 LAMEA Cucumber Vertical Farming Produce Market by Country
6.4.3.5 LAMEA Strawberry Vertical Farming Produce Market by Country
6.4.3.6 LAMEA Lettuce & Herbs Vertical Farming Produce Market by Country
6.4.3.7 LAMEA Others Vertical Farming Produce Market by Country
6.4.4 LAMEA Vertical Farming Produce Market by Country
6.4.4.1 Brazil Vertical Farming Produce Market
6.4.4.1.1 Brazil Vertical Farming Produce Market by Structure
6.4.4.1.2 Brazil Vertical Farming Produce Market by Growing Mechanism
6.4.4.1.3 Brazil Vertical Farming Produce Market by Crop
6.4.4.2 Argentina Vertical Farming Produce Market
6.4.4.2.1 Argentina Vertical Farming Produce Market by Structure
6.4.4.2.2 Argentina Vertical Farming Produce Market by Growing Mechanism
6.4.4.2.3 Argentina Vertical Farming Produce Market by Crop
6.4.4.3 UAE Vertical Farming Produce Market
6.4.4.3.1 UAE Vertical Farming Produce Market by Structure
6.4.4.3.2 UAE Vertical Farming Produce Market by Growing Mechanism
6.4.4.3.3 UAE Vertical Farming Produce Market by Crop
6.4.4.4 Saudi Arabia Vertical Farming Produce Market
6.4.4.4.1 Saudi Arabia Vertical Farming Produce Market by Structure
6.4.4.4.2 Saudi Arabia Vertical Farming Produce Market by Growing Mechanism
6.4.4.4.3 Saudi Arabia Vertical Farming Produce Market by Crop
6.4.4.5 South Africa Vertical Farming Produce Market
6.4.4.5.1 South Africa Vertical Farming Produce Market by Structure
6.4.4.5.2 South Africa Vertical Farming Produce Market by Growing Mechanism
6.4.4.5.3 South Africa Vertical Farming Produce Market by Crop
6.4.4.6 Nigeria Vertical Farming Produce Market
6.4.4.6.1 Nigeria Vertical Farming Produce Market by Structure
6.4.4.6.2 Nigeria Vertical Farming Produce Market by Growing Mechanism
6.4.4.6.3 Nigeria Vertical Farming Produce Market by Crop
6.4.4.7 Rest of LAMEA Vertical Farming Produce Market
6.4.4.7.1 Rest of LAMEA Vertical Farming Produce Market by Structure
6.4.4.7.2 Rest of LAMEA Vertical Farming Produce Market by Growing Mechanism
6.4.4.7.3 Rest of LAMEA Vertical Farming Produce Market by Crop
Chapter 7. Company Profiles
7.1 AeroFarms LLC
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Geographical Expansions:
7.2 Agricool SAS
7.2.1 Company Overview
7.3 Badia Farms
7.3.1 Company Overview
7.3.1 Recent strategies and developments:
7.3.1.1 Product Launches and Product Expansions:
7.4 Bowery Farming, Inc.
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Bright Farms, Inc.
7.5.1 Company Overview
7.6 Gotham Greens Farms LLC
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Geographical Expansions:
7.7 Infarm (Indoor Urban Farming GmbH).
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Plenty Unlimited, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.9 GrowUp Urban Farms Limited
7.9.1 Company Overview
7.10. Sky Greens (Sky Urban Solutions Holding Pte Ltd.)
7.10.1 Company Overview

Companies Mentioned

  • The Toro Company
  • Valmont Industries, Inc.
  • Lindsay Corporation
  • Orbia Advance Corporation (Netafilm Ltd.)
  • Hunter Industries, Inc.
  • Rain Bird Corporation
  • Jain Irrigation Systems Limited
  • Rubicon Water
  • Galcon Ltd.
  • Telsco Industries, Inc. (Weathermatic)

Methodology

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