The global vertical farming market size was USD 5.85 billion in 2023, calculated at USD 7.51 billion in 2024 and is expected to reach around USD 90.71 billion by 2034, expanding at a CAGR of 28.3% from 2024 to 2034.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Vertical Farming Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Vertical Farming Market, by Growth Mechanism Type, 2024-2034
8.1.1. Hydroponics
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Terraponics
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Aeroponics
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Aquaponics
8.1.4.1. Market Revenue and Forecast (2021-2034)
9.1. Vertical Farming Market, by Component, 2024-2034
9.1.1. Lighting
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Climate Control
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Sensor
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Irrigation
9.1.4.1. Market Revenue and Forecast (2021-2034)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2021-2034)
10.1. Vertical Farming Market, by Fruits, Vegetables & Herbs, 2024-2034
10.1.1. Bell & Chili peppers
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Strawberry
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Tomato
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Lettuce
10.1.4.1. Market Revenue and Forecast (2021-2034)
10.1.5. Cucumber
10.1.5.1. Market Revenue and Forecast (2021-2034)
10.1.6. Herbs
10.1.6.1. Market Revenue and Forecast (2021-2034)
10.1.7. Leafy Greens (excluding lettuce)
10.1.7.1. Market Revenue and Forecast (2021-2034)
10.1.8. Others
10.1.8.1. Market Revenue and Forecast (2021-2034)
11.1. Vertical Farming Market, by Structure Type, 2024-2034
11.1.1. Shipping Container
11.1.1.1. Market Revenue and Forecast (2021-2034)
11.1.2. Building-based
11.1.2.1. Market Revenue and Forecast (2021-2034)
12.1. North America
12.1.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.1.2. Market Revenue and Forecast, by Component (2021-2034)
12.1.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.1.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.1.5.2. Market Revenue and Forecast, by Component (2021-2034)
12.1.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.1.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.1.6.2. Market Revenue and Forecast, by Component (2021-2034)
12.1.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.1.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.2.2. Market Revenue and Forecast, by Component (2021-2034)
12.2.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.2.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.2.5.2. Market Revenue and Forecast, by Component (2021-2034)
12.2.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.2.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.2.6.2. Market Revenue and Forecast, by Component (2021-2034)
12.2.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.2.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.2.7.2. Market Revenue and Forecast, by Component (2021-2034)
12.2.7.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.2.7.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.2.8.2. Market Revenue and Forecast, by Component (2021-2034)
12.2.8.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.2.8.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.3.2. Market Revenue and Forecast, by Component (2021-2034)
12.3.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.3.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.3.5.2. Market Revenue and Forecast, by Component (2021-2034)
12.3.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.3.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.3.6.2. Market Revenue and Forecast, by Component (2021-2034)
12.3.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.3.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.3.7.2. Market Revenue and Forecast, by Component (2021-2034)
12.3.7.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.3.7.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.3.8.2. Market Revenue and Forecast, by Component (2021-2034)
12.3.8.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.3.8.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.4.2. Market Revenue and Forecast, by Component (2021-2034)
12.4.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.4.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.4.5.2. Market Revenue and Forecast, by Component (2021-2034)
12.4.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.4.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.4.6.2. Market Revenue and Forecast, by Component (2021-2034)
12.4.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.4.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.4.7.2. Market Revenue and Forecast, by Component (2021-2034)
12.4.7.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.4.7.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.4.8.2. Market Revenue and Forecast, by Component (2021-2034)
12.4.8.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.4.8.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.5.2. Market Revenue and Forecast, by Component (2021-2034)
12.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.5.5.2. Market Revenue and Forecast, by Component (2021-2034)
12.5.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.5.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)
12.5.6.2. Market Revenue and Forecast, by Component (2021-2034)
12.5.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)
12.5.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)
13.1. 4D Bios Inc
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Illumitex Inc
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Urban Crop Solutions
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Koninklijke Philips N.V.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. AMHYDRO (American Hydroponics)
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. AeroFarms
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Agrilution
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Everlight Electronics Co., Ltd
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Hort Americas
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Others
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
15.1. About Us
15.2. Glossary of Terms
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