Vertical agriculture, also known as vertical farming, is a cutting-edge agricultural technique that involves cultivating crops in vertically stacked layers or inclined surfaces within controlled environments, such as indoor facilities or urban high-rises. This innovative approach maximizes space utilization, reduces the consumption of resources, and allows year-round crop production, leading to increased efficiency and sustainability in food production.
The global Vertical Agriculture market is projected to reach US$ 22480 million in 2029, increasing from US$ 4160 million in 2022, with the CAGR of 27.3% during the period of 2023 to 2029.
The global vertical agriculture market has witnessed significant growth in recent years. Factors such as urbanization, a growing global population, and the need for sustainable food production have driven the adoption of vertical agriculture solutions. Vertical farming offers benefits like reduced land usage, lower water consumption, and protection against adverse weather conditions. This has led to increased investment and interest from both traditional agricultural players and technology-driven startups. The market is poised for continued expansion as technology advancements and consumer demand for fresh, locally sourced produce continue to rise.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Vertical Agriculture market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
AeroFarms
Illumitex, Inc
American Hydroponics
Agrilution GmbH
Brightfarms Inc
Everlight Electronics Co., Ltd
Freight Farms
GrowUp Urban Farms Ltd
Green Sense Farms, LLC
Vertical Farm Systems
Segment by Type
Hydroponics
Aeroponics
Aquaponics
Segment by Application
Fruits Vegetables, & Herbs
Flowers & Ornamentals
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Vertical Agriculture report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Âé¶¹Ô´´ Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Âé¶¹Ô´´ Conclusions
Chapter 13: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Vertical Agriculture Âé¶¹Ô´´ Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Hydroponics
1.2.3 Aeroponics
1.2.4 Aquaponics
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Vertical Agriculture Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Fruits Vegetables, & Herbs
1.3.3 Flowers & Ornamentals
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Vertical Agriculture Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Vertical Agriculture Growth Trends by Region
2.2.1 Global Vertical Agriculture Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Vertical Agriculture Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Vertical Agriculture Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Vertical Agriculture Âé¶¹Ô´´ Dynamics
2.3.1 Vertical Agriculture Industry Trends
2.3.2 Vertical Agriculture Âé¶¹Ô´´ Drivers
2.3.3 Vertical Agriculture Âé¶¹Ô´´ Challenges
2.3.4 Vertical Agriculture Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Vertical Agriculture Players by Revenue
3.1.1 Global Top Vertical Agriculture Players by Revenue (2018-2023)
3.1.2 Global Vertical Agriculture Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Vertical Agriculture Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Vertical Agriculture Revenue
3.4 Global Vertical Agriculture Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Vertical Agriculture Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Vertical Agriculture Revenue in 2022
3.5 Vertical Agriculture Key Players Head office and Area Served
3.6 Key Players Vertical Agriculture Product Solution and Service
3.7 Date of Enter into Vertical Agriculture Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Vertical Agriculture Breakdown Data by Type
4.1 Global Vertical Agriculture Historic Âé¶¹Ô´´ Size by Type (2018-2023)
4.2 Global Vertical Agriculture Forecasted Âé¶¹Ô´´ Size by Type (2024-2029)
5 Vertical Agriculture Breakdown Data by Application
5.1 Global Vertical Agriculture Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Vertical Agriculture Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Vertical Agriculture Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Vertical Agriculture Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Vertical Agriculture Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Vertical Agriculture Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Vertical Agriculture Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Vertical Agriculture Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Vertical Agriculture Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Vertical Agriculture Âé¶¹Ô´´ Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Vertical Agriculture Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Vertical Agriculture Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Vertical Agriculture Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Vertical Agriculture Âé¶¹Ô´´ Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Vertical Agriculture Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Vertical Agriculture Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Vertical Agriculture Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Vertical Agriculture Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Vertical Agriculture Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Vertical Agriculture Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Vertical Agriculture Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Vertical Agriculture Âé¶¹Ô´´ Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AeroFarms
11.1.1 AeroFarms Company Detail
11.1.2 AeroFarms Business Overview
11.1.3 AeroFarms Vertical Agriculture Introduction
11.1.4 AeroFarms Revenue in Vertical Agriculture Business (2018-2023)
11.1.5 AeroFarms Recent Development
11.2 Illumitex, Inc
11.2.1 Illumitex, Inc Company Detail
11.2.2 Illumitex, Inc Business Overview
11.2.3 Illumitex, Inc Vertical Agriculture Introduction
11.2.4 Illumitex, Inc Revenue in Vertical Agriculture Business (2018-2023)
11.2.5 Illumitex, Inc Recent Development
11.3 American Hydroponics
11.3.1 American Hydroponics Company Detail
11.3.2 American Hydroponics Business Overview
11.3.3 American Hydroponics Vertical Agriculture Introduction
11.3.4 American Hydroponics Revenue in Vertical Agriculture Business (2018-2023)
11.3.5 American Hydroponics Recent Development
11.4 Agrilution GmbH
11.4.1 Agrilution GmbH Company Detail
11.4.2 Agrilution GmbH Business Overview
11.4.3 Agrilution GmbH Vertical Agriculture Introduction
11.4.4 Agrilution GmbH Revenue in Vertical Agriculture Business (2018-2023)
11.4.5 Agrilution GmbH Recent Development
11.5 Brightfarms Inc
11.5.1 Brightfarms Inc Company Detail
11.5.2 Brightfarms Inc Business Overview
11.5.3 Brightfarms Inc Vertical Agriculture Introduction
11.5.4 Brightfarms Inc Revenue in Vertical Agriculture Business (2018-2023)
11.5.5 Brightfarms Inc Recent Development
11.6 Everlight Electronics Co., Ltd
11.6.1 Everlight Electronics Co., Ltd Company Detail
11.6.2 Everlight Electronics Co., Ltd Business Overview
11.6.3 Everlight Electronics Co., Ltd Vertical Agriculture Introduction
11.6.4 Everlight Electronics Co., Ltd Revenue in Vertical Agriculture Business (2018-2023)
11.6.5 Everlight Electronics Co., Ltd Recent Development
11.7 Freight Farms
11.7.1 Freight Farms Company Detail
11.7.2 Freight Farms Business Overview
11.7.3 Freight Farms Vertical Agriculture Introduction
11.7.4 Freight Farms Revenue in Vertical Agriculture Business (2018-2023)
11.7.5 Freight Farms Recent Development
11.8 GrowUp Urban Farms Ltd
11.8.1 GrowUp Urban Farms Ltd Company Detail
11.8.2 GrowUp Urban Farms Ltd Business Overview
11.8.3 GrowUp Urban Farms Ltd Vertical Agriculture Introduction
11.8.4 GrowUp Urban Farms Ltd Revenue in Vertical Agriculture Business (2018-2023)
11.8.5 GrowUp Urban Farms Ltd Recent Development
11.9 Green Sense Farms, LLC
11.9.1 Green Sense Farms, LLC Company Detail
11.9.2 Green Sense Farms, LLC Business Overview
11.9.3 Green Sense Farms, LLC Vertical Agriculture Introduction
11.9.4 Green Sense Farms, LLC Revenue in Vertical Agriculture Business (2018-2023)
11.9.5 Green Sense Farms, LLC Recent Development
11.10 Vertical Farm Systems
11.10.1 Vertical Farm Systems Company Detail
11.10.2 Vertical Farm Systems Business Overview
11.10.3 Vertical Farm Systems Vertical Agriculture Introduction
11.10.4 Vertical Farm Systems Revenue in Vertical Agriculture Business (2018-2023)
11.10.5 Vertical Farm Systems Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
AeroFarms
Illumitex, Inc
American Hydroponics
Agrilution GmbH
Brightfarms Inc
Everlight Electronics Co., Ltd
Freight Farms
GrowUp Urban Farms Ltd
Green Sense Farms, LLC
Vertical Farm Systems
Ìý
Ìý
*If Applicable.