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Global Vertical Farming Market 2022-2032 by Mechanism (Hydroponics, Aquaponics, Aeroponics), Component (Lighting, Hydroponic Components, Climate Control, Sensing), Structure (Building-based, Container-based), Application Type (Indoor, Outdoor), Crop (Tomatoes, Lettuce, Leafy Greens, Peppers, Herbs, Strawberry), and Region: Trend Forecast and Growth Opportunity

February 2023 | 174 pages | ID: G5AC0A61A206EN
GMD Research

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Global vertical farming market will reach $36,955.1 million by 2032, growing by 22.5% annually over 2022-2032, driven by the rapid urbanization, rising demand for high quality and high level of food safety, declining arable land, advantages of vertical farming equipped with advanced technologies, and independence of vertical farming from climate impacts.
Highlighted with 91 tables and 85 figures, this 174-page report “Global Vertical Farming Market 2022-2032 by Mechanism (Hydroponics, Aquaponics, Aeroponics), Component (Lighting, Hydroponic Components, Climate Control, Sensing), Structure (Building-based, Container-based), Application Type (Indoor, Outdoor), Crop (Tomatoes, Lettuce, Leafy Greens, Peppers, Herbs, Strawberry), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global vertical farming market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global vertical farming market in every aspect of the classification from perspectives of Mechanism, Component, Structure, Application Type, Crop, and Region.

Based on Mechanism, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
Hydroponics
Aquaponics
Aeroponics
Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
Lighting Devices
Hydroponic Components
Climate Control Devices
Sensing Devices
Irrigation Component
Building Material
Other Components

By Structure, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
Building-based Structure
Container-based Structure

By Application Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
Indoor Vertical Farming
Outdoor Vertical Farming

By Crop, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
Tomatoes
Lettuce
Leafy Greens (excluding lettuce)
Bell & Chili Peppers
Herbs
Strawberry
Other Crops

Geographically, the following regions together with the listed national/local markets are fully investigated:
North America (U.S., Canada, and Mexico)
Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (UAE?Saudi Arabia? South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and split of each national market by Mechanism, Component and Structure over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
4D Bios, Inc.
AeroFarms
AgriCool
American Hydroponics
Bowery Farming Inc.
Crop One Holdings
Everlight Electronics Co., Ltd.
Freight Farms
Heliospectra AB
Kalera Inc.
OSRAM GmbH.
Plenty Unlimited Inc.
Signify Holding
Sky Greens
SPREAD Co., Ltd.
Urban Crop Solutions
Valoya
Vertical Farm Systems
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF GLOBAL MARKET BY MECHANISM

3.1 Market Overview by Mechanism
3.2 Hydroponics
3.3 Aquaponics
3.4 Aeroponics

4 SEGMENTATION OF GLOBAL MARKET BY COMPONENT

4.1 Market Overview by Component
4.2 Lighting Devices
4.3 Hydroponic Components
4.4 Climate Control Devices
4.5 Sensing Devices
4.6 Irrigation Component
4.7 Building Material
4.8 Other Components

5 SEGMENTATION OF GLOBAL MARKET BY STRUCTURE

5.1 Market Overview by Structure
5.2 Building-based Structure
5.3 Container-based Structure

6 SEGMENTATION OF GLOBAL MARKET BY APPLICATION TYPE

6.1 Market Overview by Application Type
6.2 Indoor Vertical Farming
6.3 Outdoor Vertical Farming

7 SEGMENTATION OF GLOBAL MARKET BY CROP

7.1 Market Overview by Crop
7.2 Tomatoes
7.3 Lettuce
7.4 Leafy Greens (excluding lettuce)
7.5 Bell & Chili Peppers
7.6 Herbs
7.7 Strawberry
7.8 Other Crops

8 SEGMENTATION OF GLOBAL MARKET BY REGION

8.1 Geographic Market Overview 2022-2032
8.2 North America Market 2022-2032 by Country
  8.2.1 Overview of North America Market
  8.2.2 U.S.
  8.2.3 Canada
  8.2.4 Mexico
8.3 European Market 2022-2032 by Country
  8.3.1 Overview of European Market
  8.3.2 Germany
  8.3.3 U.K.
  8.3.4 France
  8.3.5 Spain
  8.3.6 Italy
  8.3.7 Netherlands
  8.3.8 Rest of European Market
8.4 Asia-Pacific Market 2022-2032 by Country
  8.4.1 Overview of Asia-Pacific Market
  8.4.2 Japan
  8.4.3 China
  8.4.4 Australia
  8.4.5 India
  8.4.6 South Korea
  8.4.7 Rest of APAC Region
8.5 South America Market 2022-2032 by Country
  8.5.1 Argentina
  8.5.2 Brazil
  8.5.3 Chile
  8.5.4 Rest of South America Market
8.6 MEA Market 2022-2032 by Country
  8.6.1 UAE
  8.6.2 Saudi Arabia
  8.6.3 South Africa
  8.6.4 Other National Markets

9 COMPETITIVE LANDSCAPE

9.1 Overview of Key Vendors
9.2 New Product Launch, Partnership, Investment, and M&A
9.3 Company Profiles

4D BIOS, INC.

AeroFarms
AgriCool
American Hydroponics
Bowery Farming Inc.
Crop One Holdings
Everlight Electronics Co., Ltd.
Freight Farms
Heliospectra AB
Kalera Inc.
OSRAM GmbH.
Plenty Unlimited Inc.
Signify Holding
Sky Greens
SPREAD Co., Ltd.
Urban Crop Solutions
Valoya
Vertical Farm Systems
RELATED REPORTS

LIST OF TABLES:

Table 1. Snapshot of Global Vertical Farming Market in Balanced Perspective, 2022-2032
Table 2. World Economic Outlook, 2021-2031
Table 3. World Economic Outlook, 2021-2023
Table 4. World Population Projections to 2035
Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn
Table 6. Main Product Trends and Market Opportunities in Global Vertical Farming Market
Table 7. Global Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 8. Global Vertical Farming Market by Component, 2022-2032, $ mn
Table 9. Key Vendors and Main Products of Grow Lights Market
Table 10. Key Vendors and Main Products of Climate Control System Market
Table 11. Key Vendors and Main Products of Sensors Market
Table 12. Key Vendors and Main Products of Irrigation System Market
Table 13. Key Vendors and Main Products of Integrated System Market
Table 14. Global Vertical Farming Market by Structure, 2022-2032, $ mn
Table 15. Global Vertical Farming Market by Application Type, 2022-2032, $ mn
Table 16. Global Vertical Farming Market by Crop, 2022-2032, $ mn
Table 17. Global Vertical Farming Market by Region, 2022-2032, $ mn
Table 18. Indoor Farming Facilities by Country, 2022
Table 19. Leading National Vertical Farming Market, 2022 and 2032, $ mn
Table 20. North America Vertical Farming Market by Country, 2022-2032, $ mn
Table 21. U.S. Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres
Table 22. U.S. Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 23. U.S. Vertical Farming Market by Component, 2022-2032, $ mn
Table 24. U.S. Vertical Farming Market by Structure, 2022-2032, $ mn
Table 25. Canada Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres
Table 26. Canada Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 27. Canada Vertical Farming Market by Component, 2022-2032, $ mn
Table 28. Canada Vertical Farming Market by Structure, 2022-2032, $ mn
Table 29. Mexico Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 30. Mexico Vertical Farming Market by Component, 2022-2032, $ mn
Table 31. Mexico Vertical Farming Market by Structure, 2022-2032, $ mn
Table 32. Europe Vertical Farming Market by Country, 2022-2032, $ mn
Table 33. Germany Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 34. Germany Vertical Farming Market by Component, 2022-2032, $ mn
Table 35. Germany Vertical Farming Market by Structure, 2022-2032, $ mn
Table 36. U.K. Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 37. U.K. Vertical Farming Market by Component, 2022-2032, $ mn
Table 38. U.K. Vertical Farming Market by Structure, 2022-2032, $ mn
Table 39. France Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 40. France Vertical Farming Market by Component, 2022-2032, $ mn
Table 41. France Vertical Farming Market by Structure, 2022-2032, $ mn
Table 42. Spain Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 43. Spain Vertical Farming Market by Component, 2022-2032, $ mn
Table 44. Spain Vertical Farming Market by Structure, 2022-2032, $ mn
Table 45. Italy Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 46. Italy Vertical Farming Market by Component, 2022-2032, $ mn
Table 47. Italy Vertical Farming Market by Structure, 2022-2032, $ mn
Table 48. Netherlands Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 49. Netherlands Vertical Farming Market by Component, 2022-2032, $ mn
Table 50. Netherlands Vertical Farming Market by Structure, 2022-2032, $ mn
Table 51. Vertical Farming Market in Rest of Europe by Country, 2022-2032, $ mn
Table 52. APAC Vertical Farming Market by Country, 2022-2032, $ mn
Table 53. Japan Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 54. Japan Vertical Farming Market by Component, 2022-2032, $ mn
Table 55. Japan Vertical Farming Market by Structure, 2022-2032, $ mn
Table 56. China Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 57. China Vertical Farming Market by Component, 2022-2032, $ mn
Table 58. China Vertical Farming Market by Structure, 2022-2032, $ mn
Table 59. Australia Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 60. Australia Vertical Farming Market by Component, 2022-2032, $ mn
Table 61. Australia Vertical Farming Market by Structure, 2022-2032, $ mn
Table 62. India Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 63. India Vertical Farming Market by Component, 2022-2032, $ mn
Table 64. India Vertical Farming Market by Structure, 2022-2032, $ mn
Table 65. South Korea Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 66. South Korea Vertical Farming Market by Component, 2022-2032, $ mn
Table 67. South Korea Vertical Farming Market by Structure, 2022-2032, $ mn
Table 68. Vertical Farming Market in Rest of APAC by Country/Region, 2022-2032, $ mn
Table 69. South America Vertical Farming Market by Country, 2022-2032, $ mn
Table 70. Argentina Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 71. Argentina Vertical Farming Market by Component, 2022-2032, $ mn
Table 72. Argentina Vertical Farming Market by Structure, 2022-2032, $ mn
Table 73. Brazil Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 74. Brazil Vertical Farming Market by Component, 2022-2032, $ mn
Table 75. Brazil Vertical Farming Market by Structure, 2022-2032, $ mn
Table 76. Chile Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 77. Chile Vertical Farming Market by Component, 2022-2032, $ mn
Table 78. Chile Vertical Farming Market by Structure, 2022-2032, $ mn
Table 79. MEA Vertical Farming Market by Country, 2022-2032, $ mn
Table 80. UAE Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 81. UAE Vertical Farming Market by Component, 2022-2032, $ mn
Table 82. UAE Vertical Farming Market by Structure, 2022-2032, $ mn
Table 83. Saudi Arabia Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 84. Saudi Arabia Vertical Farming Market by Component, 2022-2032, $ mn
Table 85. Saudi Arabia Vertical Farming Market by Structure, 2022-2032, $ mn
Table 86. South Africa Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 87. South Africa Vertical Farming Market by Component, 2022-2032, $ mn
Table 88. South Africa Vertical Farming Market by Structure, 2022-2032, $ mn
Table 89. 4D Bios, Inc.: Company Snapshot
Table 90. 4D Bios, Inc.: Business Segmentation
Table 91. 4D Bios, Inc.: Product Portfolio

LIST OF FIGURES:

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. Global Vertical Farming Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Global Vertical Farming Market
Figure 7. Forecast of Middle-class Population by Region, 2015-2030, million
Figure 8. Worldwide Per Capita Arable Land in Hectare, 1961-2020
Figure 9. World Map of Per Capita Arable Land in 2020
Figure 10. Primary Restraints and Impact Factors of Global Vertical Farming Market
Figure 11. Investment Opportunity Analysis
Figure 12. Porter’s Fiver Forces Analysis of Global Vertical Farming Market
Figure 13. Breakdown of Global Vertical Farming Market by Mechanism, 2022-2032, % of Revenue
Figure 14. Global Addressable Market Cap in 2023-2032 by Mechanism, Value ($ mn) and Share (%)
Figure 15. Global Vertical Farming Market by Mechanism: Hydroponics, 2022-2032, $ mn
Figure 16. Global Vertical Farming Market by Mechanism: Aquaponics, 2022-2032, $ mn
Figure 17. Global Vertical Farming Market by Mechanism: Aeroponics, 2022-2032, $ mn
Figure 18. Breakdown of Global Vertical Farming Market by Component, 2022-2032, % of Sales Revenue
Figure 19. Global Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%)
Figure 20. Global Vertical Farming Market by Component: Lighting Devices, 2022-2032, $ mn
Figure 21. Global Vertical Farming Market by Component: Hydroponic Components, 2022-2032, $ mn
Figure 22. Global Vertical Farming Market by Component: Climate Control Devices, 2022-2032, $ mn
Figure 23. Global Vertical Farming Market by Component: Sensing Devices, 2022-2032, $ mn
Figure 24. Global Vertical Farming Market by Component: Irrigation Component, 2022-2032, $ mn
Figure 25. Global Vertical Farming Market by Component: Building Material, 2022-2032, $ mn
Figure 26. Global Vertical Farming Market by Component: Other Components, 2022-2032, $ mn
Figure 27. Breakdown of Global Vertical Farming Market by Structure, 2022-2032, % of Sales Revenue
Figure 28. Global Addressable Market Cap in 2023-2032 by Structure, Value ($ mn) and Share (%)
Figure 29. Global Vertical Farming Market by Structure: Building-based Structure, 2022-2032, $ mn
Figure 30. Global Vertical Farming Market by Structure: Container-based Structure, 2022-2032, $ mn
Figure 31. Breakdown of Global Vertical Farming Market by Application Type, 2022-2032, % of Revenue
Figure 32. Global Addressable Market Cap in 2023-2032 by Application Type, Value ($ mn) and Share (%)
Figure 33. Global Vertical Farming Market by Application Type: Indoor Vertical Farming, 2022-2032, $ mn
Figure 34. Global Vertical Farming Market by Application Type: Outdoor Vertical Farming, 2022-2032, $ mn
Figure 35. Breakdown of Global Vertical Farming Market by Crop, 2022-2032, % of Revenue
Figure 36. Global Addressable Market Cap in 2023-2032 by Crop, Value ($ mn) and Share (%)
Figure 37. Global Vertical Farming Market by Crop: Tomatoes, 2022-2032, $ mn
Figure 38. Global Vertical Farming Market by Crop: Lettuce, 2022-2032, $ mn
Figure 39. Global Vertical Farming Market by Crop: Leafy Greens (excluding lettuce), 2022-2032, $ mn
Figure 40. Global Vertical Farming Market by Crop: Bell & Chili Peppers, 2022-2032, $ mn
Figure 41. Global Vertical Farming Market by Crop: Herbs, 2022-2032, $ mn
Figure 42. Global Vertical Farming Market by Crop: Strawberry, 2022-2032, $ mn
Figure 43. Global Vertical Farming Market by Crop: Other Crops, 2022-2032, $ mn
Figure 44. Global Market Snapshot by Region
Figure 45. Geographic Spread of Worldwide Vertical Farming Market, 2022-2032, % of Sales Revenue
Figure 46. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%)
Figure 47. North American Vertical Farming Market, 2022-2032, $ mn
Figure 48. Breakdown of North America Vertical Farming Market by Country, 2022 and 2032, % of Revenue
Figure 49. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 50. U.S. Vertical Farming Market, 2022-2032, $ mn
Figure 51. Canada Vertical Farming Market, 2022-2032, $ mn
Figure 52. Vertical Farming Market in Mexico, 2022-2032, $ mn
Figure 53. European Vertical Farming Market, 2022-2032, $ mn
Figure 54. Breakdown of European Vertical Farming Market by Country, 2022 and 2032, % of Revenue
Figure 55. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 56. Vertical Farming Market in Germany, 2022-2032, $ mn
Figure 57. Vertical Farming Market in U.K., 2022-2032, $ mn
Figure 58. Vertical Farming Market in France, 2022-2032, $ mn
Figure 59. Vertical Farming Market in Spain, 2022-2032, $ mn
Figure 60. Vertical Farming Market in Italy, 2022-2032, $ mn
Figure 61. Vertical Farming Market in Netherlands, 2022-2032, $ mn
Figure 62. Vertical Farming Market in Rest of Europe, 2022-2032, $ mn
Figure 63. Asia-Pacific Vertical Farming Market, 2022-2032, $ mn
Figure 64. Breakdown of APAC Vertical Farming Market by Country, 2022 and 2032, % of Revenue
Figure 65. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 66. Vertical Farming Market in Japan, 2022-2032, $ mn
Figure 67. Vertical Farming Market in China, 2022-2032, $ mn
Figure 68. Vertical Farming Market in Australia, 2022-2032, $ mn
Figure 69. Vertical Farming Market in India, 2022-2032, $ mn
Figure 70. Vertical Farming Market in South Korea, 2022-2032, $ mn
Figure 71. Vertical Farming Market in Rest of APAC, 2022-2032, $ mn
Figure 72. South America Vertical Farming Market, 2022-2032, $ mn
Figure 73. Breakdown of South America Vertical Farming Market by Country, 2022 and 2032, % of Revenue
Figure 74. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 75. Vertical Farming Market in Argentina, 2022-2032, $ mn
Figure 76. Vertical Farming Market in Brazil, 2022-2032, $ mn
Figure 77. Vertical Farming Market in Chile, 2022-2032, $ mn
Figure 78. Vertical Farming Market in Rest of South America, 2022-2032, $ mn
Figure 79. Vertical Farming Market in Middle East and Africa (MEA), 2022-2032, $ mn
Figure 80. Breakdown of MEA Vertical Farming Market by Country, 2022 and 2032, % of Revenue
Figure 81. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 82. Vertical Farming Market in UAE, 2022-2032, $ mn
Figure 83. Vertical Farming Market in Saudi Arabia, 2022-2032, $ mn
Figure 84. Vertical Farming Market in South Africa, 2022-2032, $ mn
Figure 85. Growth Stage of Global Vertical Farming Industry over the Forecast Period


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