Global Vertical Farming Growth Opportunities

Global Vertical Farming Growth Opportunities

Rising Need to Address Water Scarcity, Food Security, and Carbon Emissions will Drive Adoption of Indoor Agriculture Techniques

RELEASE DATE
12-Jan-2023
REGION
Global
Research Code: PDC7-01-00-00-00
SKU: FN00070-GL-MT_27392
AvailableYesPDF Download
$4,950.00
In stock
SKU
FN00070-GL-MT_27392
$4,950.00
DownloadLink
ENQUIRE NOW

Description

Globally, vertical farming is attracting major interest as a potential solution to problems traditional agriculture poses, such as unsustainable land and water use. This research assesses the growth opportunities for companies active in the vertical farming ecosystem. The study scope covers indoor vertical farms and container farms, with in-depth discussions of key technology areas, major challenges with current business models, and a comparison between vertical and conventional agriculture practices.

Frost & Sullivan segments the vertical farming market into two sub-markets: the vertical farming components market (hardware and technology solutions, software and platform, and crop inputs) and the vertical farming produce market (produce and growing technology types). In the latter market, produce types include herbs and microgreens, leafy greens, and fruits and vegetables while the technology types include hydroponics, aeroponics, and aquaponics.

As of 2022, North America remains the largest market for vertical farming components due to the region’s rapid expansion in vertical farms. Also, the United States stands as one of the largest markets for vertically farmed produce, followed by Europe. Asia-Pacific and the Middle East are on track to witness significant growth during the forecast period (2022 to 2030), driven by rising demand for local and sustainable fresh produce.

Author: Smriti Sharma

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Vertical Farming Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

The Vertical Farming Ecosystem

Segmentation

Segmentation (continued)

Segmentation (continued)

Market Definitions

Market Definitions (continued)

Key Competitors, Components Platform Providers

Key Competitors, Components Platform Providers (continued)

Growth Drivers

Growth Restraints

Vertical Farming Challenges—Is it Economically Viable?

Vertical Farming Challenges—Is it Economically Viable? (continued)

Investment/Funding Trends

Vertical Farming vs. Traditional Farming—Is it Sustainable?

Vertical Farming vs. Traditional Farming—Is it Sustainable? (continued)

Forecast Assumptions and Pricing Trends

Growth Metrics

Revenue Forecast

Revenue Forecast by Segment

Revenue Forecast by Region

Revenue Forecast Analysis

Growth Metrics

Revenue Forecast

Revenue and Percent Revenue Forecast by Component Type

Forecast Analysis by Component Type

Forecast Analysis by Component Type (continued)

Revenue and Percent Revenue by Component Sub-type

Forecast Analysis by Hardware and Technology Solution Sub-type

Forecast Analysis by Hardware and Technology Solution Sub-type (continued)

Forecast Analysis by Hardware and Technology Solution Sub-types (continued)

Revenue Forecast by Region

Forecast Analysis by Region

Forecast Analysis by Region (continued)

Competitive Environment

Competitive Landscape

Recent Market Activity, Product Launches/Collaborations/M&As

Recent Market Activity, Product Launches/Collaborations/M&As (continued)

Growth Metrics

Vertical Farms—Growing Technology Overview

Vertical Farms Produce—Overview

Vertical Farms Produce—Overview (continued)

Revenue and Volume Forecast

Revenue, Volume and Percent Revenue, & Volume Forecast by Produce Type

Forecast Analysis by Produce Type

Forecast Analysis by Produce Type (continued)

Revenue, Volume and Percent Revenue, & Volume Forecast by Growing Technology Type

Forecast Analysis by Growing Technology Type

Revenue Forecast by Region

Volume Forecast by Region

Forecast Analysis by Region

Forecast Analysis by Region (continued)

Competitive Environment

Competitive Landscape (continued)

Competitive Landscape (continued)

Investment/Funding Recent Deals (2021–2022)

Industry Players’ Market Activity (Expansions/Collaborations/M&As) —2021 to 2022

Market Activity of Key Players (Expansions/Collaborations/M&A)— 2021 to 2022

Growth Opportunity 1—Specialized Crop Inputs for Vertical Farming

Growth Opportunity 1—Specialized Crop Inputs for Vertical Farming (continued)

Growth Opportunity 2—Expanding Beyond Fresh Produce Market

Growth Opportunity 2—Expanding Beyond the Fresh Produce Market (continued)

Growth Opportunity 3—The Development of Energy-efficient Systems and Related Technology Platforms

Growth Opportunity 3—The Development of Energy-efficient Systems and Related Technology Platforms (continued)

Growth Opportunity 4—Smart and High-tech Automated Farms, Hybrid Facilities, Vertical Farming-as-a-Platform

Growth Opportunity 4—Smart and High-tech Automated Farms, Hybrid Facilities, Vertical Farming-as-a-Platform (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

Globally, vertical farming is attracting major interest as a potential solution to problems traditional agriculture poses, such as unsustainable land and water use. This research assesses the growth opportunities for companies active in the vertical farming ecosystem. The study scope covers indoor vertical farms and container farms, with in-depth discussions of key technology areas, major challenges with current business models, and a comparison between vertical and conventional agriculture practices. Frost & Sullivan segments the vertical farming market into two sub-markets: the vertical farming components market (hardware and technology solutions, software and platform, and crop inputs) and the vertical farming produce market (produce and growing technology types). In the latter market, produce types include herbs and microgreens, leafy greens, and fruits and vegetables while the technology types include hydroponics, aeroponics, and aquaponics. As of 2022, North America remains the largest market for vertical farming components due to the region’s rapid expansion in vertical farms. Also, the United States stands as one of the largest markets for vertically farmed produce, followed by Europe. Asia-Pacific and the Middle East are on track to witness significant growth during the forecast period (2022 to 2030), driven by rising demand for local and sustainable fresh produce. Author: Smriti Sharma
More Information
Author Smriti Sharma
Industries Agriculture and Nutrition
No Index No
Is Prebook No
Keyword 1 Vertical Farming US
Keyword 2 Indoor Farming Industry
Keyword 3 Global Vertical Farming Market
Podcast No
WIP Number PDC7-01-00-00-00