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US Vertical Farming Market (2022-2027) by Structure, Growth Mechanism, Offering, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5585610
  • Report
  • March 2022
  • Region: United States
  • 178 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • 4D Bios INC
  • Agricool
  • American Hydroponics
  • CUture Crops
  • Freight Farms
  • Osram
The US Vertical Farming Market is estimated to be USD 841.03 Mn in 2022 and is projected to reach USD 2017.13 Mn by 2027, growing at a CAGR of 19.12%.



Market dynamics are forces that impact the prices and behaviors of the US Vertical Farming Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Vertical Farming Market is segmented based on Structure, Growth Mechanism, and Offering.
  • By Structure, the market is classified into Building-based Structure and Container-based Structure.
  • By Growth Mechanism, the market is classified into Aeroponics, Aquaponics, and Hydroponics.
  • By Offering, the market is classified into Climate Control, Hydroponics Components, Lighting, and Sensors.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are 4D Bios INC, Aerofarms, Agricool, Altius Farms, American Hydroponics, Bowery Farming, CUture Crops, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Vertical Farming Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Vertical Farming Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Vertical Farming Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Vertical Farming Market

What is the estimated value of the US Vertical Farming Market?

The US Vertical Farming Market was estimated to be valued at $841.0 Million in 2022.

What is the growth rate of the US Vertical Farming Market?

The growth rate of the US Vertical Farming Market is 19.1%, with an estimated value of $2017.1 Million by 2027.

What is the forecasted size of the US Vertical Farming Market?

The US Vertical Farming Market is estimated to be worth $2017.1 Million by 2027.

Who are the key companies in the US Vertical Farming Market?

Key companies in the US Vertical Farming Market include 4D Bios INC, Aerofarms, Agricool, Altius Farms, American Hydroponics, Bowery Farming, CUture Crops, Ertical Future Ltd and Green Sense Farms.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 4D Bios INC
  • Agricool
  • American Hydroponics
  • CUture Crops
  • Freight Farms
  • Osram

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 High Yield Associated With Vertical Farming Over Conventional Farming
4.1.2 Advancements in Light-Emitting Diode (LED) Technology
4.1.3 Year-Round Crop Production Irrespective of Weather Conditions
4.1.4 Requirement of Minimum Resources
4.2 Restraints
4.2.1 Lack of Technically Skilled Workforce and Limited Crop Types
4.2.2 High Start-Up Costs
4.3 Opportunities
4.3.1 Reduced Environmental Impact from Agriculture by Adoption of Vertical Farming
4.3.2 Potential Market Opportunities in the Asia Pacific and the Middle East
4.3.3 Cannabis Cultivation Through Vertical Farming
4.4 Challenges
4.4.1 Maintenance of Temperature, Humidity, and Air Circulation in a Vertical Farm
4.4.2 Vertical Farming on a Large Scale
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US' Vertical Farming Market, By Structure
6.1 Introduction
6.2 Building-based Structure
6.3 Container-based Structure
7 US' Vertical Farming Market, By Growth Mechanism
7.1 Introduction
7.2 Aeroponics
7.3 Aquaponics
7.4 Hydroponics
8 US' Vertical Farming Market, By Offering
8.1 Introduction
8.2 Climate Control
8.2.1 Air Purification/Control
8.2.2 Ventilation Fans
8.3 Hydroponics Components
8.3.1 Meters and Solutions
8.3.2 Pumps and Irrigation
8.3.3 Water Filtration
8.4 Lighting
8.4.1 Light Ballasts
8.4.2 Light Reflectors
8.4.3 Lights
8.5 Sensors
8.5.1 CO2 Sensors
8.5.2 Crop Sensors
8.5.3 Nutrient Sen
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 4D Bios INC
10.2 Aerofarms
10.3 Agricool
10.4 Altius Farms
10.5 American Hydroponics
10.6 Bowery Farming
10.7 CUture Crops
10.8 Ertical Future Ltd
10.9 Freight Farms
10.10 Green Sense Farms
10.11 Intelligent Growth Solutions
10.12 Osram
10.13 Right Farms
10.14 Urban Crop Solutions
10.15 Vertical Farm Systems
10.16 Wegreen
11 Appendix
11.1 Questionnaire
Note: Product cover images may vary from those shown
  • 4D Bios INC
  • Aerofarms
  • Agricool
  • Altius Farms
  • American Hydroponics
  • Bowery Farming
  • CUture Crops
  • Ertical Future Ltd
  • Freight Farms
  • Green Sense Farms
  • Intelligent Growth Solutions
  • Osram
  • Right Farms
  • Urban Crop Solutions
  • Vertical Farm Systems
  • Wegreen
Note: Product cover images may vary from those shown