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市場調査レポート
商品コード
1519820

垂直農法市場レポート:コンポーネント、構造、成長メカニズム、用途、地域別、2024年~2032年

Vertical Farming Market Report by Component, Structure, Growth Mechanism, Application, and Region 2024-2032


出版日
発行
IMARC
ページ情報
英文 141 Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=144.06円
垂直農法市場レポート:コンポーネント、構造、成長メカニズム、用途、地域別、2024年~2032年
出版日: 2024年07月01日
発行: IMARC
ページ情報: 英文 141 Pages
納期: 2~3営業日
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  • 概要
  • 図表
  • 目次
概要

世界の垂直農法市場規模は2023年に56億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに333億米ドルに達し、2024年から2032年の間に21.41%の成長率(CAGR)を示すと予測しています。持続可能な農業への需要の高まり、耕地不足の深刻化、急速な技術進歩、消費者の支出能力の増大、さまざまな政府イニシアチブの実施が、市場を推進している主な要因の一部です。

垂直農法は、植物を垂直に積み重ねた層や構造で栽培する方法です。水耕栽培、エアロポニックス、アクアポニックスなど様々な方法を採用し、温度、光、湿度を人工的にコントロールし、農業に最適な微気候を作り出します。レタス、ケール、ホウレンソウ、バジル、ミント、パセリ、コリアンダー、キュウリ、ピーマン、マイクロラディッシュなどの作物を一年中栽培するために広く使われています。垂直農法は、スペースを節約し、エネルギー消費を抑え、水の使用量を最小限に抑え、輸送コストを軽減し、手作業を減らす、環境に優しい農業技術です。伝統的なフレーム栽培技術に比べ、垂直農法は収量が多く、季節の変化に左右されることもなく、農薬や除草剤の必要性も減らすことができます。

有機的で栄養価の高い食用作物を栽培するための持続可能な農業に対する需要の高まりは、市場成長に寄与する主な要因のひとつです。垂直農法は、効率的なリサイクルシステムを通じて水を節約し、資源消費を最小限に抑えることで持続可能性を促進し、土地の必要性を減らすのに役立ちます。これに伴い、近接した場所で新鮮な農産物の栽培を可能にし、長距離輸送の必要性を減らすために、都市部で広く栽培が採用されていることも、成長を促す要因として作用しています。さらに、耕地不足の高まりと、増大する食糧需要を満たすための安定した作物生産に対する要求の高まりが、市場の成長を後押ししています。これとは別に、植え付け、収穫、植物の健康状態の監視などの作業に採用される自動化やロボットシステムの活用などの急速な技術進歩が、市場成長に弾みをつけています。その他、伝統的な農法に関連する環境問題の高まり、有利な政府政策の実施、消費者の支出能力の増加などが、市場の成長を促進すると予想されます。

垂直農法市場動向/促進要因:

持続可能な農業へのニーズの高まり

環境に優しく持続可能な農業に対する需要の高まりが、市場の成長を支えています。垂直農法システムは、水の使用量を最小限に抑えるために、循環水システム、水耕栽培、エアロポニックスなど様々な技術を採用しています。これに伴い、垂直農法は土壌の質を維持するのに役立ち、耕作不可能な土地や荒廃した土地を生産性の高い農地に転換できるため、市場の成長を後押ししています。さらに、エネルギー効率の高い技術、再生可能エネルギー源の使用の増加、長距離輸送への依存度の低減は、温室効果ガス排出量の削減に役立ち、ひいては市場成長にプラスの影響を与えています。これに加えて、垂直農法は、管理された室内環境により化学農薬や除草剤の使用を削減または排除し、持続可能で環境に優しい農業を実現します。

耕地不足の深刻化

人口の増加と急速な都市化は、伝統的な農業に利用可能な耕地を減少させる主な要因です。さらに、土壌浸食、汚染、肥料の過剰使用などの要因によって耕地が荒廃しており、これが垂直農法市場を助長しています。さらに、異常気象、干ばつ、降水パターンの変化などの気候条件の変化が市場の成長を促進しています。これに加えて、温度、湿度、光を正確に調整できる制御された環境を提供し、気候変動が作物生産に与える影響を緩和する垂直農法の採用が増加していることも、市場の成長を大きく後押ししています。これに加えて、垂直農法は、人工照明と制御された環境を使用して植物の成長を最適化し、耕地の必要性を減らすために、作物を積み重ねた層で栽培することにより、スペースの効率的な利用を可能にします。

急速な技術進歩

垂直農法の分野では、その効率性、生産性、持続可能性を高めるために、広範な研究開発(R&D)活動が行われています。さらに、エネルギー効率が高く、カスタマイズ可能な照明ソリューションを提供するために、垂直農法で発光ダイオード(LED)を利用することが、市場の成長を後押ししています。さらに、人工知能(AI)とデータ分析を統合してリアルタイムで調整を行い、環境条件、植物の健康状態、栄養所要量に関するデータを分析することが、市場の成長を支えています。このほか、ソーラーパネルや風力タービンなどの再生可能エネルギーを電力供給に利用することで、送電網への依存を減らし、より持続可能で環境に優しい農業モデルに貢献しています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の垂直農法市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:コンポーネント別

  • 灌漑コンポーネント
    • 市場動向
    • 市場予測
  • 照明
    • 市場動向
    • 市場予測
  • センサー
    • 市場動向
    • 市場予測
  • 気候制御
    • 市場動向
    • 市場予測
  • 建材
    • 市場動向
    • 主要セグメント
      • ガラス温室
      • プラスチック温室
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳:構造別

  • 建物ベースの垂直農場
    • 市場動向
    • 市場予測
  • コンテナベースの垂直農場
    • 市場動向
    • 市場予測

第8章 市場内訳:成長メカニズム

  • 水耕栽培
    • 市場動向
    • 市場予測
  • エアロポニックス
    • 市場動向
    • 市場予測
  • アクアポニックス
    • 市場動向
    • 市場予測

第9章 市場内訳:用途別

  • 屋内
    • 市場動向
    • 市場予測
  • 屋外
    • 市場動向
    • 市場予測

第10章 市場内訳:地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第11章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第14章 価格分析

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • AeroFarms
    • Agrilution Systems GmbH
    • AmHydro
    • Everlight Electronics Co. Ltd.
    • Freight Farms Inc.
    • Gronska Stadsodling
    • Heliospectra AB
    • Jones Food Company Limited
    • Koninklijke Philips N.V.
    • OSRAM GmbH(ams-OSRAM AG)
    • Signify N.V.
    • Urban Crop Solutions
    • Vertical Farm Systems Pty Ltd
図表

List of Figures

  • Figure 1: Global: Vertical Farming Market: Major Drivers and Challenges
  • Figure 2: Global: Vertical Farming Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Vertical Farming Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Vertical Farming Market: Breakup by Component (in %), 2023
  • Figure 5: Global: Vertical Farming Market: Breakup by Structure (in %), 2023
  • Figure 6: Global: Vertical Farming Market: Breakup by Growth Mechanism (in %), 2023
  • Figure 7: Global: Vertical Farming Market: Breakup by Application (in %), 2023
  • Figure 8: Global: Vertical Farming Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Vertical Farming (Irrigation Component) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Vertical Farming (Irrigation Component) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Vertical Farming (Lighting) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Vertical Farming (Lighting) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Vertical Farming (Sensors) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Vertical Farming (Sensors) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Vertical Farming (Climate Control) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Vertical Farming (Climate Control) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Vertical Farming (Building Material) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Vertical Farming (Building Material) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Vertical Farming (Other Components) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Vertical Farming (Other Components) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Vertical Farming (Building-based Vertical Farms) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Vertical Farming (Building-based Vertical Farms) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Vertical Farming (Container-based Vertical Farms) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Vertical Farming (Container-based Vertical Farms) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Vertical Farming (Hydroponics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Vertical Farming (Hydroponics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Vertical Farming (Aeroponics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Vertical Farming (Aeroponics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Vertical Farming (Aquaponics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Vertical Farming (Aquaponics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Vertical Farming (Indoor) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Vertical Farming (Indoor) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Global: Vertical Farming (Outdoor) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Global: Vertical Farming (Outdoor) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: North America: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: North America: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: United States: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: United States: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: Canada: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: Canada: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: Asia-Pacific: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: Asia-Pacific: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: China: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: China: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: Japan: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: Japan: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: India: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: India: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: South Korea: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: South Korea: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Australia: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Australia: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Indonesia: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Indonesia: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Others: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Others: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Europe: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Europe: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Germany: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Germany: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: France: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: France: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: United Kingdom: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: United Kingdom: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Italy: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Italy: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: Spain: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: Spain: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Russia: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Russia: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Others: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Others: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Latin America: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Latin America: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Brazil: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Brazil: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Mexico: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Mexico: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Others: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 80: Others: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 81: Middle East and Africa: Vertical Farming Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 82: Middle East and Africa: Vertical Farming Market: Breakup by Country (in %), 2023
  • Figure 83: Middle East and Africa: Vertical Farming Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 84: Global: Vertical Farming Industry: SWOT Analysis
  • Figure 85: Global: Vertical Farming Industry: Value Chain Analysis
  • Figure 86: Global: Vertical Farming Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Vertical Farming Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Vertical Farming Market Forecast: Breakup by Component (in Million US$), 2024-2032
  • Table 3: Global: Vertical Farming Market Forecast: Breakup by Structure (in Million US$), 2024-2032
  • Table 4: Global: Vertical Farming Market Forecast: Breakup by Growth Mechanism (in Million US$), 2024-2032
  • Table 5: Global: Vertical Farming Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 6: Global: Vertical Farming Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 7: Global: Vertical Farming Market: Competitive Structure
  • Table 8: Global: Vertical Farming Market: Key Players
目次
Product Code: SR112024A5695

The global vertical farming market size reached US$ 5.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 33.3 Billion by 2032, exhibiting a growth rate (CAGR) of 21.41% during 2024-2032. The increasing demand for sustainable farming, rising scarcity of arable land, rapid technological advancements, growing expenditure capacities of consumers, and the implementation of various government initiatives are some of the major factors propelling the market.

Vertical farming is a method of cultivating plants in vertically stacked layers or structures. It employs various methods, such as hydroponics, aeroponics, and aquaponics, to artificially control temperature, light, and humidity and produce the perfect micro-climate for farming. It is widely used to grow crops, such as lettuce, kale, spinach, basil, mint, parsley, cilantro, cucumbers, peppers, and micro radish around the year. Vertical farming is an eco-friendly farming technique that saves space, lowers energy consumption, minimizes water usage, mitigates transportation costs, and reduces manual labor. As compared to traditional framing techniques, vertical farming produces higher yields, eliminates dependence on seasonal changes, and reduces the need for pesticides and herbicides.

The increasing demand for sustainable farming to grow organic and nutritious food crops is one of the key factors contributing to the market growth. Vertical farming helps to conserve water through efficient recycling systems, promotes sustainability by minimizing resource consumption, and reduces the need for land. In line with this, the widespread cultivation adoption in urban areas to allow the cultivation of fresh produce in close proximity and reduce the need for long-distance transportation is acting as another growth-inducing factor. Additionally, the rising scarcity of arable land, coupled with escalating requirements for stabilized crop production to meet the increasing food demands, is propelling the market growth. Apart from this, rapid technological advancements, such as the utilization of automation and robotic systems that are employed for tasks such as planting, harvesting, and monitoring plant health, are providing an impetus to the market growth. Other factors, including the rising environmental concerns associated with traditional farming practices, the implementation of favorable government policies, and increasing expenditure capacities of consumers, are anticipated to drive the market toward growth.

Vertical Farming Market Trends/Drivers:

The increasing need for sustainable farming

The rising demand for more environmentally friendly and sustainable agriculture practices is supporting the market growth. Vertical farming systems employ various techniques, such as recirculating water systems, hydroponics, and aeroponics, to minimize water usage. In line with this, vertical farming helps preserve soil quality and allows for the conversion of non-arable or degraded land into productive farming spaces, which is favoring the market growth. Moreover, the increasing use of energy-efficient technologies, renewable energy sources, and reduced reliance on long-distance transportation help in lowering greenhouse gas emissions, which in turn is positively influencing the market growth. Besides this, vertical farming reduces or eliminates the use of chemical pesticides and herbicides due to a controlled indoor environment resulting in sustainable and environmentally friendly farming.

The rising scarcity of arable land

The growing population and rapid urbanization are key factors reducing the availability of arable land for traditional farming. Furthermore, arable land is being degraded due to factors such as soil erosion, pollution, and overuse of fertilizers which in turn is favoring the vertical farming market. Additionally, changing climatic conditions, including extreme weather events, droughts, and changing precipitation patterns, are propelling the market growth. In addition to this, the increasing adoption of vertical farming, as it provides a controlled environment where temperature, humidity, and light can be precisely regulated, mitigating the impact of climate change on crop production, is providing a considerable boost to the market growth. Besides this, vertical farming allows for the efficient use of space by growing crops in stacked layers, using artificial lighting and controlled environments to optimize plant growth, reducing the need for arable land.

Rapid technological advancements

Extensive research and development (R&D) activities are taking place in the field of vertical farming to enhance its efficiency, productivity, and sustainability. Additionally, the utilization of light-emitting diodes (LEDs) in vertical farming to provide energy-efficient and customizable lighting solutions is favoring the market growth. Moreover, the integration of artificial intelligence (AI) and data analytics to make real-time adjustments and analyze data on environmental conditions, plant health, and nutrient requirements is supporting the market growth. Besides this, the utilization of renewable energy sources such as solar panels and wind turbines to power operation, reduce reliance on the grid and contribute to a more sustainable and environmentally friendly farming model.

Vertical Farming Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global vertical farming market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on component, structure, growth mechanism, and application.

Breakup by Component:

Irrigation Component

Lighting

Sensor

Climate Control

Building Material

Glass Greenhouse

Plastic Greenhouse

Others

Lighting dominates the vertical farming market

The report has provided a detailed breakup and analysis of the vertical farming market based on the component. This includes irrigation component, lighting, sensors, climate control, building material (glass greenhouse and plastic greenhouse), and others. According to the report, lighting represented the largest market segment.

Lighting is the primary component used in vertical farming as it increases the nutritional parameters of horticultural plants. Light-emitting diodes (LEDs) are widely used as they are highly energy-efficient compared to other lighting options and help to convert a higher percentage of electrical energy into usable light, minimizing energy wastage. Moreover, lighting is essential in vertical farming as it can be dimmed or brightened as needed, allowing growers to provide the appropriate light intensity at various growth stages. Apart from this, the introduction of various advanced lighting solutions that can be customized to provide specific wavelengths of light that are optimal for plant growth, resulting in healthier and more productive crops, is contributing to the market growth.

Breakup by Structure:

Building-based Vertical Farms

Container-based Vertical Farms

Container-based vertical farms represent the leading application in market

The report has provided a detailed breakup and analysis of the vertical farming market based on the structure. This includes building-based and container-based vertical farms. According to the report, container-based vertical farms represented the largest market segment.

Container-based structures are commonly used in vertical farming to create compact and modular growing environments. These containers provide a controlled environment for plant growth, allowing growers to optimize growing conditions. In addition to this, they can be stacked or arranged side by side to scale up the farming operation vertically or horizontally as needed. Moreover, container-based structures are prefabricated that offer quick setup and installation with minimal construction. These structures are equipped with built-in infrastructure such as electrical wiring, ventilation systems, and water supply, reducing the need for extensive on-site construction, which is positively influencing the market growth.

Breakup by Growth Mechanism:

Hydroponics

Aeroponics

Aquaponics

Hydroponics represents the leading segment

The report has provided a detailed breakup and analysis of the vertical farming market based on the growth mechanism. This includes hydroponics, aeroponics, and aquaponics. According to the report, hydroponics represented the largest market segment.

Hydroponics is a commonly used growth mechanism in vertical farming as it eliminates the need for traditional soil, reducing the risk of soil-borne diseases and enabling the reuse of water and nutrients, making it a highly water-efficient cultivation method. As compared to soil-based methods, hydroponics provides plants with direct access to nutrients and water, resulting in faster growth rates and increased crop yields. Furthermore, hydroponics also helps in sustainable agriculture practices and facilitate faster growth rates due to the direct availability of nutrients and optimal growing conditions.

Breakup by Application:

Indoor

Outdoor

The report has provided a detailed breakup and analysis of the vertical farming market based on the application. This includes indoor and outdoor.

Indoor vertical farming is widely preferred as it allows for year-round crop production and maximizes space utilization by growing plants in multiple layers or shelves. It further assists in providing precise control over environmental factors such as temperature, humidity, light, and air quality. Additionally, indoor farming practices reduce environmental impact by operating within a controlled environment and reducing the need for pesticides, herbicides, or fertilizers. Apart from this, the integration of LED lighting, climate control systems, nutrient delivery systems, and monitoring sensors for precise control, data-driven decision-making, and increased operational efficiency is providing a thrust to the market growth.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific exhibits a clear dominance in the market, accounting for the largest vertical farming market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represented the largest market for vertical farming.

Asia Pacific is dominating the global vertical farming market due to the growing land scarcity, urbanization, climate variability, and sustainable food production. The widespread adoption of vertical farming practices in the region as it is highly urbanized, with densely populated cities and limited available land for traditional agriculture. Moreover, the Asia Pacific region experiences diverse climates, ranging from tropical to temperate, which is facilitating the demand for vertical farming that allows year-round production irrespective of external weather conditions. Besides this, the implementation of various government initiatives to promote vertical farming by providing subsidies to farmers through the vertical garden scheme launched under various missions in the region.

Competitive Landscape:

Several key market players are significantly investing in research and development (R&D) projects to enhance efficiency, productivity, and sustainability in vertical farming. Moreover, researchers are focusing on nutrient dosages, composition, and timing to maximize plant growth and health. Furthermore, key players are optimizing the design and layout of vertical farming systems for improved space utilization, energy efficiency, and workflow management. Apart from this, the development of software platforms to manage and monitor vertical farming systems and integrate data from sensors, control systems, and environmental monitors, providing growers with real-time insights, analytics, and remote-control capabilities, is providing a considerable boost to the market growth.

The report has provided a comprehensive analysis of the competitive landscape in the global vertical farming market. Detailed profiles of all

AeroFarms

Agrilution Systems GmbH

AmHydro

Everlight Electronics Co. Ltd.

Freight Farms Inc.

Gronska Stadsodling

Heliospectra AB

Jones Food Company Limited

Koninklijke Philips N.V.

OSRAM GmbH (ams-OSRAM AG)

Signify N.V.

Urban Crop Solutions

Vertical Farm Systems Pty Ltd

Recent Developments:

In 2020, AeroFarms launched a new line of microgreens, including arugula, mustard greens, and wheatgrass, which are grown in their vertical farms. In 2019, the company announced a partnership with Dell Technologies to develop a machine learning platform that can optimize plant growth in vertical farms.

Freight Farms Inc. has continued to develop and improve their technology, including updates to their software platform and hardware components. They have also introduced new products, such as the Greenery, a smaller version of the LGM designed for homes and small-scale farming.

Urban Crop Solutions focuses on the integration of artificial intelligence (AI) and machine learning (ML) algorithms to optimize crop growth. It also uses modular systems, which allows for easy scalability and customization of its vertical farms.

Key Questions Answered in This Report

  • 1. What is the market value of vertical farming?
  • 2. What is the expected growth rate of the global vertical farming market during 2024-2032?
  • 3. How profitable is vertical farming?
  • 4. What is the scope of vertical farming?
  • 5. Which is the biggest vertical farming in the world?
  • 6. What is the Business opportunity of vertical farming?
  • 7. Why vertical farming is trending?
  • 8. What has been the impact of COVID-19 on the global vertical farming market?
  • 9. What are the key factors driving the global vertical farming market?
  • 10. What is the breakup of the global vertical farming market based on the component?
  • 11. What is the breakup of the global vertical farming market based on the structure?
  • 12. What is the breakup of the global vertical farming market based on growth mechanism?
  • 13. What are the key regions in the global vertical farming market?
  • 14. Who are the key players/companies in the global vertical farming market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Vertical Farming Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Component

  • 6.1 Irrigation Component
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Lighting
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Sensors
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Climate Control
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Building Material
    • 6.5.1 Market Trends
    • 6.5.2 Key Segments
      • 6.5.2.1 Glass Greenhouse
      • 6.5.2.2 Plastic Greenhouse
    • 6.5.3 Market Forecast
  • 6.6 Others
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast

7 Market Breakup by Structure

  • 7.1 Building-based Vertical Farms
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Container-based Vertical Farms
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Growth Mechanism

  • 8.1 Hydroponics
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Aeroponics
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Aquaponics
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market Breakup by Application

  • 9.1 Indoor
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Outdoor
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 AeroFarms
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 Agrilution Systems GmbH
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3 AmHydro
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Everlight Electronics Co. Ltd.
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
    • 15.3.5 Freight Farms Inc.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Gronska Stadsodling
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
    • 15.3.7 Heliospectra AB
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
    • 15.3.8 Jones Food Company Limited
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 Koninklijke Philips N.V.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10 OSRAM GmbH (ams-OSRAM AG)
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
    • 15.3.11 Signify N.V.
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
    • 15.3.12 Urban Crop Solutions
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
    • 15.3.13 Vertical Farm Systems Pty Ltd
      • 15.3.13.1 Company Overview
      • 15.3.13.2 Product Portfolio