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LAMEA Vertical Farming Produce Market By Structure (Building-based and Shipping Container), By Growing Mechanism (Hydroponics, Aquaponics and Aeroponics), By Crop (Tomato, Leafy Greens (excluding lettuce), Bell & Chili Peppers, Cucumber, Strawberry, Lettuce & Herbs and Others), By Country, Industry Analysis and Forecast, 2020 - 2026

November 2020 | 73 pages | ID: L35EA6D59CBEEN
KBV Research

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The Latin America, Middle East and Africa Vertical Farming Produce Market would witness market growth of 25% CAGR during the forecast period (2020-2026).

As per the report of the World Bank Group, it is noted that there has been a decline in the global arable land per capita from 0.197 hectares in the year 2013 to 0.192 hectares in the year 2016. The lack of arable land due to land degradation has insisted the farmers go for new solutions in order to produce fresh food. Consequently, many farmers tend to shift to the modern indoor cultivation methods, in which the crops are arranged in layers inside shipping containers, buildings, and warehouses. These indoor vertical farms have enabled the growth of the total plantation area that uses the stacked layers of the potted seeds. Moreover, since these crops are grown in a controlled environment, farmers are able to grow different vegetables that they cannot be grown outside because of unfavorable conditions, this is expected to boost the market growth in the Middle East and Africa.

Growing demand for fresh and organic vegetables, the rise of state-of-the-art agriculture techniques, and increasing urbanization are some of the critical factors that are responsible for the growth of the market. The global farmland area has reduced due to rapid urbanization all across the globe. The soil quality is getting degraded and it is another reason for the advent of alternative farming techniques, like hydroponics, aquaponics, and aeroponics. The increasing use of alternative cultivation techniques by the farmers is anticipated to drive the demand for fresh produce in the vertical farms over the foreseeable period. Though initial investments are very high in vertical farms and also there is a lack of adoption of this technique in the top agricultural output countries, like Brazil, which are the restraining factors in the growth of the market.

Based on Structure, the market is segmented into Building-based and Shipping Container. Based on Growing Mechanism, the market is segmented into Hydroponics, Aquaponics and Aeroponics. Based on Crop, the market is segmented into Tomato, Leafy Greens (excluding lettuce), Bell & Chili Peppers, Cucumber, Strawberry, Lettuce & Herbs and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Toro Company, Valmont Industries, Inc., Lindsay Corporation, Orbia Advance Corporation (Netafilm Ltd.), Hunter Industries, Inc., Rain Bird Corporation, Jain Irrigation Systems Limited, Rubicon Water, Galcon Ltd., and Telsco Industries, Inc. (Weathermatic).

Scope of the Study

Market Segmentation:

By Structure
  • Building-based
  • Shipping Container
By Growing Mechanism
  • Hydroponics
  • Aquaponics
  • Aeroponics
By Crop
  • Tomato
  • Leafy Greens (excluding lettuce)
  • Bell & Chili Peppers
  • Cucumber
  • Strawberry
  • Lettuce & Herbs
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
      • The Toro Company
  • Valmont Industries, Inc.
  • Lindsay Corporation
  • Orbia Advance Corporation (Netafilm Ltd.)
  • Hunter Industries, Inc.
  • Rain Bird Corporation
  • Jain Irrigation Systems Limited
  • Rubicon Water
  • Galcon Ltd.
      • Telsco Industries, Inc. (Weathermatic)
Unique Offerings from KBV Research
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CHAPTER 1. MARKET SCOPE & METHODOLOGY

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
  1.4.1 Latin America, Middle East and Africa (LAMEA) Vertical Farming Produce Market, by Structure
  1.4.2 Latin America, Middle East and Africa (LAMEA) Vertical Farming Produce Market, by Growing Mechanism
  1.4.3 Latin America, Middle East and Africa (LAMEA) Vertical Farming Produce Market, by Crop
  1.4.4 Latin America, Middle East and Africa (LAMEA) Vertical Farming Produce Market, by Country
1.5 Methodology for the research

CHAPTER 2. MARKET OVERVIEW

2.1 Introduction
  2.1.1 Overview
  2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
  2.2.1 Market Drivers
  2.2.2 Market Restraints

CHAPTER 3. LAMEA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE

3.1 LAMEA Vertical Farming Produce Building-based Market by Country
3.2 LAMEA Vertical Farming Produce Shipping Container Market by Country

CHAPTER 4. LAMEA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM

4.1 LAMEA Vertical Farming Produce Hydroponics Market by Country
4.2 LAMEA Vertical Farming Produce Aquaponics Market by Country
4.3 LAMEA Vertical Farming Produce Aeroponics Market by Country

CHAPTER 5. LAMEA VERTICAL FARMING PRODUCE MARKET BY CROP

5.1 LAMEA Tomato Vertical Farming Produce Market by Country
5.2 LAMEA Leafy Greens (excluding lettuce) Vertical Farming Produce Market by Country
5.3 LAMEA Bell & Chili Peppers Vertical Farming Produce Market by Country
5.4 LAMEA Cucumber Vertical Farming Produce Market by Country
5.5 LAMEA Strawberry Vertical Farming Produce Market by Country
5.6 LAMEA Lettuce & Herbs Vertical Farming Produce Market by Country
5.7 LAMEA Others Vertical Farming Produce Market by Country

CHAPTER 6. LAMEA VERTICAL FARMING PRODUCE MARKET BY COUNTRY

6.1 Brazil Vertical Farming Produce Market
  6.1.1 Brazil Vertical Farming Produce Market by Structure
  6.1.2 Brazil Vertical Farming Produce Market by Growing Mechanism
  6.1.3 Brazil Vertical Farming Produce Market by Crop
6.2 Argentina Vertical Farming Produce Market
  6.2.1 Argentina Vertical Farming Produce Market by Structure
  6.2.2 Argentina Vertical Farming Produce Market by Growing Mechanism
  6.2.3 Argentina Vertical Farming Produce Market by Crop
6.3 UAE Vertical Farming Produce Market
  6.3.1 UAE Vertical Farming Produce Market by Structure
  6.3.2 UAE Vertical Farming Produce Market by Growing Mechanism
  6.3.3 UAE Vertical Farming Produce Market by Crop
6.4 Saudi Arabia Vertical Farming Produce Market
  6.4.1 Saudi Arabia Vertical Farming Produce Market by Structure
  6.4.2 Saudi Arabia Vertical Farming Produce Market by Growing Mechanism
  6.4.3 Saudi Arabia Vertical Farming Produce Market by Crop
6.5 South Africa Vertical Farming Produce Market
  6.5.1 South Africa Vertical Farming Produce Market by Structure
  6.5.2 South Africa Vertical Farming Produce Market by Growing Mechanism
  6.5.3 South Africa Vertical Farming Produce Market by Crop
6.6 Nigeria Vertical Farming Produce Market
  6.6.1 Nigeria Vertical Farming Produce Market by Structure
  6.6.2 Nigeria Vertical Farming Produce Market by Growing Mechanism
  6.6.3 Nigeria Vertical Farming Produce Market by Crop
6.7 Rest of LAMEA Vertical Farming Produce Market
  6.7.1 Rest of LAMEA Vertical Farming Produce Market by Structure
  6.7.2 Rest of LAMEA Vertical Farming Produce Market by Growing Mechanism
  6.7.3 Rest of LAMEA Vertical Farming Produce Market by Crop

CHAPTER 7. COMPANY PROFILES

7.1 AeroFarms LLC
  7.1.1 Company Overview
  7.1.2 Recent strategies and developments:
    7.1.2.1 Geographical Expansions:
7.2 Agricool SAS
  7.2.1 Company Overview
7.3 Badia Farms
  7.3.1 Company Overview
  7.3.1 Recent strategies and developments:
    7.3.1.1 Product Launches and Product Expansions:
7.4 Bowery Farming, Inc.
  7.4.1 Company Overview
  7.4.2 Recent strategies and developments:
    7.4.2.1 Product Launches and Product Expansions:
7.5 Bright Farms, Inc.
  7.5.1 Company Overview
7.6 Gotham Greens Farms LLC
  7.6.1 Company Overview
  7.6.2 Recent strategies and developments:
    7.6.2.1 Geographical Expansions:
7.7 Infarm (Indoor Urban Farming GmbH).
  7.7.1 Company Overview
  7.7.2 Recent strategies and developments:
    7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Plenty Unlimited, Inc.
  7.8.1 Company Overview
  7.8.2 Recent strategies and developments:
    7.8.2.1 Partnerships, Collaborations, and Agreements:
7.9 GrowUp Urban Farms Limited
  7.9.1 Company Overview
7.10. Sky Greens (Sky Urban Solutions Holding Pte Ltd.)
  7.10.1 Company Overview

LIST OF TABLES

TABLE 1 LAMEA VERTICAL FARMING PRODUCE MARKET, 2016 - 2019, USD MILLION
TABLE 2 LAMEA VERTICAL FARMING PRODUCE MARKET, 2020 - 2026, USD MILLION
TABLE 3 LAMEA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2016 - 2019, USD MILLION
TABLE 4 LAMEA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2020 - 2026, USD MILLION
TABLE 5 LAMEA VERTICAL FARMING PRODUCE BUILDING-BASED MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 6 LAMEA VERTICAL FARMING PRODUCE BUILDING-BASED MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 7 LAMEA VERTICAL FARMING PRODUCE SHIPPING CONTAINER MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 8 LAMEA VERTICAL FARMING PRODUCE SHIPPING CONTAINER MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 9 LAMEA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2016 - 2019, USD MILLION
TABLE 10 LAMEA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2020 - 2026, USD MILLION
TABLE 11 LAMEA VERTICAL FARMING PRODUCE HYDROPONICS MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 12 LAMEA VERTICAL FARMING PRODUCE HYDROPONICS MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 13 LAMEA VERTICAL FARMING PRODUCE AQUAPONICS MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 14 LAMEA VERTICAL FARMING PRODUCE AQUAPONICS MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 15 LAMEA VERTICAL FARMING PRODUCE AEROPONICS MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 16 LAMEA VERTICAL FARMING PRODUCE AEROPONICS MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 17 LAMEA VERTICAL FARMING PRODUCE MARKET BY CROP, 2016 - 2019, USD MILLION
TABLE 18 LAMEA VERTICAL FARMING PRODUCE MARKET BY CROP, 2020 - 2026, USD MILLION
TABLE 19 LAMEA TOMATO VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 20 LAMEA TOMATO VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 21 LAMEA LEAFY GREENS (EXCLUDING LETTUCE) VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 22 LAMEA LEAFY GREENS (EXCLUDING LETTUCE) VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 23 LAMEA BELL & CHILI PEPPERS VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 24 LAMEA BELL & CHILI PEPPERS VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 25 LAMEA CUCUMBER VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 26 LAMEA CUCUMBER VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 27 LAMEA STRAWBERRY VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 28 LAMEA STRAWBERRY VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 29 LAMEA LETTUCE & HERBS VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 30 LAMEA LETTUCE & HERBS VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 31 LAMEA OTHERS VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 32 LAMEA OTHERS VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 33 LAMEA VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2016 - 2019, USD MILLION
TABLE 34 LAMEA VERTICAL FARMING PRODUCE MARKET BY COUNTRY, 2020 - 2026, USD MILLION
TABLE 35 BRAZIL VERTICAL FARMING PRODUCE MARKET, 2016 - 2019, USD MILLION
TABLE 36 BRAZIL VERTICAL FARMING PRODUCE MARKET, 2020 - 2026, USD MILLION
TABLE 37 BRAZIL VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2016 - 2019, USD MILLION
TABLE 38 BRAZIL VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2020 - 2026, USD MILLION
TABLE 39 BRAZIL VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2016 - 2019, USD MILLION
TABLE 40 BRAZIL VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2020 - 2026, USD MILLION
TABLE 41 BRAZIL VERTICAL FARMING PRODUCE MARKET BY CROP, 2016 - 2019, USD MILLION
TABLE 42 BRAZIL VERTICAL FARMING PRODUCE MARKET BY CROP, 2020 - 2026, USD MILLION
TABLE 43 ARGENTINA VERTICAL FARMING PRODUCE MARKET, 2016 - 2019, USD MILLION
TABLE 44 ARGENTINA VERTICAL FARMING PRODUCE MARKET, 2020 - 2026, USD MILLION
TABLE 45 ARGENTINA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2016 - 2019, USD MILLION
TABLE 46 ARGENTINA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2020 - 2026, USD MILLION
TABLE 47 ARGENTINA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2016 - 2019, USD MILLION
TABLE 48 ARGENTINA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2020 - 2026, USD MILLION
TABLE 49 ARGENTINA VERTICAL FARMING PRODUCE MARKET BY CROP, 2016 - 2019, USD MILLION
TABLE 50 ARGENTINA VERTICAL FARMING PRODUCE MARKET BY CROP, 2020 - 2026, USD MILLION
TABLE 51 UAE VERTICAL FARMING PRODUCE MARKET, 2016 - 2019, USD MILLION
TABLE 52 UAE VERTICAL FARMING PRODUCE MARKET, 2020 - 2026, USD MILLION
TABLE 53 UAE VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2016 - 2019, USD MILLION
TABLE 54 UAE VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2020 - 2026, USD MILLION
TABLE 55 UAE VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2016 - 2019, USD MILLION
TABLE 56 UAE VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2020 - 2026, USD MILLION
TABLE 57 UAE VERTICAL FARMING PRODUCE MARKET BY CROP, 2016 - 2019, USD MILLION
TABLE 58 UAE VERTICAL FARMING PRODUCE MARKET BY CROP, 2020 - 2026, USD MILLION
TABLE 59 SAUDI ARABIA VERTICAL FARMING PRODUCE MARKET, 2016 - 2019, USD MILLION
TABLE 60 SAUDI ARABIA VERTICAL FARMING PRODUCE MARKET, 2020 - 2026, USD MILLION
TABLE 61 SAUDI ARABIA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2016 - 2019, USD MILLION
TABLE 62 SAUDI ARABIA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2020 - 2026, USD MILLION
TABLE 63 SAUDI ARABIA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2016 - 2019, USD MILLION
TABLE 64 SAUDI ARABIA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2020 - 2026, USD MILLION
TABLE 65 SAUDI ARABIA VERTICAL FARMING PRODUCE MARKET BY CROP, 2016 - 2019, USD MILLION
TABLE 66 SAUDI ARABIA VERTICAL FARMING PRODUCE MARKET BY CROP, 2020 - 2026, USD MILLION
TABLE 67 SOUTH AFRICA VERTICAL FARMING PRODUCE MARKET, 2016 - 2019, USD MILLION
TABLE 68 SOUTH AFRICA VERTICAL FARMING PRODUCE MARKET, 2020 - 2026, USD MILLION
TABLE 69 SOUTH AFRICA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2016 - 2019, USD MILLION
TABLE 70 SOUTH AFRICA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2020 - 2026, USD MILLION
TABLE 71 SOUTH AFRICA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2016 - 2019, USD MILLION
TABLE 72 SOUTH AFRICA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2020 - 2026, USD MILLION
TABLE 73 SOUTH AFRICA VERTICAL FARMING PRODUCE MARKET BY CROP, 2016 - 2019, USD MILLION
TABLE 74 SOUTH AFRICA VERTICAL FARMING PRODUCE MARKET BY CROP, 2020 - 2026, USD MILLION
TABLE 75 NIGERIA VERTICAL FARMING PRODUCE MARKET, 2016 - 2019, USD MILLION
TABLE 76 NIGERIA VERTICAL FARMING PRODUCE MARKET, 2020 - 2026, USD MILLION
TABLE 77 NIGERIA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2016 - 2019, USD MILLION
TABLE 78 NIGERIA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2020 - 2026, USD MILLION
TABLE 79 NIGERIA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2016 - 2019, USD MILLION
TABLE 80 NIGERIA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2020 - 2026, USD MILLION
TABLE 81 NIGERIA VERTICAL FARMING PRODUCE MARKET BY CROP, 2016 - 2019, USD MILLION
TABLE 82 NIGERIA VERTICAL FARMING PRODUCE MARKET BY CROP, 2020 - 2026, USD MILLION
TABLE 83 REST OF LAMEA VERTICAL FARMING PRODUCE MARKET, 2016 - 2019, USD MILLION
TABLE 84 REST OF LAMEA VERTICAL FARMING PRODUCE MARKET, 2020 - 2026, USD MILLION
TABLE 85 REST OF LAMEA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2016 - 2019, USD MILLION
TABLE 86 REST OF LAMEA VERTICAL FARMING PRODUCE MARKET BY STRUCTURE, 2020 - 2026, USD MILLION
TABLE 87 REST OF LAMEA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2016 - 2019, USD MILLION
TABLE 88 REST OF LAMEA VERTICAL FARMING PRODUCE MARKET BY GROWING MECHANISM, 2020 - 2026, USD MILLION
TABLE 89 REST OF LAMEA VERTICAL FARMING PRODUCE MARKET BY CROP, 2016 - 2019, USD MILLION
TABLE 90 REST OF LAMEA VERTICAL FARMING PRODUCE MARKET BY CROP, 2020 - 2026, USD MILLION
TABLE 91 KEY INFORMATION – AEROFARMS LLC
TABLE 92 KEY INFORMATION – AGRICOOL SAS
TABLE 93 KEY INFORMATION – BADIA FARMS
TABLE 94 KEY INFORMATION – BOWERY FARMING, INC.
TABLE 95 KEY INFORMATION – BRIGHT FARMS, INC.
TABLE 96 KEY INFORMATION – GOTHAM GREENS FARMS LLC
TABLE 97 KEY INFORMATION – INFARM
TABLE 98 KEY INFORMATION – PLENTY UNLIMITED, INC.
TABLE 99 KEY INFORMATION – GROWUP URBAN FARMS LIMITED
TABLE 100 KEY INFORMATION – SKY GREENS

LIST OF FIGURES

FIG 1 METHODOLOGY FOR THE RESEARCH


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