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North America 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 Country: Trend Forecast and Growth Opportunity

February 2023 | 112 pages | ID: N702FB6B2E8DEN
GMD Research

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North America vertical farming market is projected to grow by 22.0% annually in the forecast period and reach $10,709.6 million by 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 31 tables and 49 figures, this 112-page report “North America 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 Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America 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 North America 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 North America vertical farming market in every aspect of the classification from perspectives of Mechanism, Component, Structure, Application Type, Crop, and Country.

Based on Mechanism, the North America 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 North America 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 North America 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 North America 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 North America 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 national/local markets are fully investigated:
U.S.
Canada
Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets 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 NORTH AMERICA MARKET BY MECHANISM

3.1 Market Overview by Mechanism
3.2 Hydroponics
3.3 Aquaponics
3.4 Aeroponics

4 SEGMENTATION OF NORTH AMERICA 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 NORTH AMERICA MARKET BY STRUCTURE

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

6 SEGMENTATION OF NORTH AMERICA MARKET BY APPLICATION TYPE

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

7 SEGMENTATION OF NORTH AMERICA 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 NORTH AMERICA MARKET 2022-2032 BY COUNTRY

8.1 Overview of North America Market
8.2 U.S.
8.3 Canada
8.4 Mexico

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 North America 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 North America Vertical Farming Market
Table 7. North America Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 8. North America 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. North America Vertical Farming Market by Structure, 2022-2032, $ mn
Table 15. North America Vertical Farming Market by Application Type, 2022-2032, $ mn
Table 16. North America Vertical Farming Market by Crop, 2022-2032, $ mn
Table 17. North America Vertical Farming Market by Country, 2022-2032, $ mn
Table 18. U.S. Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres
Table 19. U.S. Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 20. U.S. Vertical Farming Market by Component, 2022-2032, $ mn
Table 21. U.S. Vertical Farming Market by Structure, 2022-2032, $ mn
Table 22. Canada Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres
Table 23. Canada Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 24. Canada Vertical Farming Market by Component, 2022-2032, $ mn
Table 25. Canada Vertical Farming Market by Structure, 2022-2032, $ mn
Table 26. Mexico Vertical Farming Market by Mechanism, 2022-2032, $ mn
Table 27. Mexico Vertical Farming Market by Component, 2022-2032, $ mn
Table 28. Mexico Vertical Farming Market by Structure, 2022-2032, $ mn
Table 29. 4D Bios, Inc.: Company Snapshot
Table 30. 4D Bios, Inc.: Business Segmentation
Table 31. 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. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. North America Vertical Farming Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of North America 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 North America Vertical Farming Market
Figure 11. Investment Opportunity Analysis
Figure 12. Porter’s Fiver Forces Analysis of North America Vertical Farming Market
Figure 13. Breakdown of North America Vertical Farming Market by Mechanism, 2022-2032, % of Revenue
Figure 14. North America Addressable Market Cap in 2023-2032 by Mechanism, Value ($ mn) and Share (%)
Figure 15. North America Vertical Farming Market by Mechanism: Hydroponics, 2022-2032, $ mn
Figure 16. North America Vertical Farming Market by Mechanism: Aquaponics, 2022-2032, $ mn
Figure 17. North America Vertical Farming Market by Mechanism: Aeroponics, 2022-2032, $ mn
Figure 18. Breakdown of North America Vertical Farming Market by Component, 2022-2032, % of Sales Revenue
Figure 19. North America Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%)
Figure 20. North America Vertical Farming Market by Component: Lighting Devices, 2022-2032, $ mn
Figure 21. North America Vertical Farming Market by Component: Hydroponic Components, 2022-2032, $ mn
Figure 22. North America Vertical Farming Market by Component: Climate Control Devices, 2022-2032, $ mn
Figure 23. North America Vertical Farming Market by Component: Sensing Devices, 2022-2032, $ mn
Figure 24. North America Vertical Farming Market by Component: Irrigation Component, 2022-2032, $ mn
Figure 25. North America Vertical Farming Market by Component: Building Material, 2022-2032, $ mn
Figure 26. North America Vertical Farming Market by Component: Other Components, 2022-2032, $ mn
Figure 27. Breakdown of North America Vertical Farming Market by Structure, 2022-2032, % of Sales Revenue
Figure 28. North America Addressable Market Cap in 2023-2032 by Structure, Value ($ mn) and Share (%)
Figure 29. North America Vertical Farming Market by Structure: Building-based Structure, 2022-2032, $ mn
Figure 30. North America Vertical Farming Market by Structure: Container-based Structure, 2022-2032, $ mn
Figure 31. Breakdown of North America Vertical Farming Market by Application Type, 2022-2032, % of Revenue
Figure 32. North America Addressable Market Cap in 2023-2032 by Application Type, Value ($ mn) and Share (%)
Figure 33. North America Vertical Farming Market by Application Type: Indoor Vertical Farming, 2022-2032, $ mn
Figure 34. North America Vertical Farming Market by Application Type: Outdoor Vertical Farming, 2022-2032, $ mn
Figure 35. Breakdown of North America Vertical Farming Market by Crop, 2022-2032, % of Revenue
Figure 36. North America Addressable Market Cap in 2023-2032 by Crop, Value ($ mn) and Share (%)
Figure 37. North America Vertical Farming Market by Crop: Tomatoes, 2022-2032, $ mn
Figure 38. North America Vertical Farming Market by Crop: Lettuce, 2022-2032, $ mn
Figure 39. North America Vertical Farming Market by Crop: Leafy Greens (excluding lettuce), 2022-2032, $ mn
Figure 40. North America Vertical Farming Market by Crop: Bell & Chili Peppers, 2022-2032, $ mn
Figure 41. North America Vertical Farming Market by Crop: Herbs, 2022-2032, $ mn
Figure 42. North America Vertical Farming Market by Crop: Strawberry, 2022-2032, $ mn
Figure 43. North America Vertical Farming Market by Crop: Other Crops, 2022-2032, $ mn
Figure 44. Breakdown of North America Vertical Farming Market by Country, 2022 and 2032, % of Revenue
Figure 45. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 46. U.S. Vertical Farming Market, 2022-2032, $ mn
Figure 47. Canada Vertical Farming Market, 2022-2032, $ mn
Figure 48. Vertical Farming Market in Mexico, 2022-2032, $ mn
Figure 49. Growth Stage of North America Vertical Farming Industry over the Forecast Period


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