Prime agricultural land can be scarce and expensive. With worldwide population growth, the demand for both more food and more land to grow food is ever increasing. One solution to our need for more space is vertical farming, involves growing crops in controlled Vegetable Cultivation environments, with precise light, nutrients, and temperatures. In vertical farming, growing plants are stacked in layers that may reach several stories tall.
The major plants produced in vertical farming and plant factory include vegetable cultivation, fruit planting and other, etc. Vegetable cultivation occupied 84.92% of the global sales.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. The price presents fluctuation according to the economy development status. Also, there is fluctuation in gross margin.
Global Vertical Farming and Plant Factory market size will increase to 21600 Million US$ by 2025, from 1480 Million US$ in 2018, at a CAGR of 39.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Vertical Farming and Plant Factory.
This report researches the worldwide Vertical Farming and Plant Factory market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Vertical Farming and Plant Factory breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Plenty (Bright Farms)
Beijing IEDA Protected Horticulture
Green Sense Farms
Garden Fresh Farms
Sanan Sino Science
Vertical Farming and Plant Factory Breakdown Data by Type
Vertical Farming and Plant Factory Breakdown Data by Application
Vertical Farming and Plant Factory Production Breakdown Data by Region
Vertical Farming and Plant Factory Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Vertical Farming and Plant Factory capacity, production, value, consumption, status and forecast;
To focus on the key Vertical Farming and Plant Factory manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Vertical Farming and Plant Factory :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.