Insights on the Vertical Farming Global Market to 2027 - by Structure, Growth Mechanism, Offering and Geography - ResearchAndMarkets.com

DUBLIN--()--The "Global Vertical Farming Market (2022-2027) by Structure, Growth Mechanism, Offering, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Vertical Farming Market is estimated to be USD 3.81 Bn in 2022 and is projected to reach USD 10.02 Bn by 2027, growing at a CAGR of 21.34%.

Market dynamics are forces that impact the prices and behaviors of the Global Vertical Farming Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Vertical Farming Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Vertical Farming Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Vertical Farming Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Market Dynamics

Drivers

  • High Yield Associated With Vertical Farming Over Conventional Farming
  • Advancements in Light-Emitting Diode (LED) Technology
  • Year-Round Crop Production Irrespective of Weather Conditions
  • Requirement of Minimum Resources

Restraints

  • Lack of Technically Skilled Workforce and Limited Crop Types
  • High Start-Up Costs

Opportunities

  • Reduced Environmental Impact from Agriculture by Adoption of Vertical Farming
  • Potential Market Opportunities in the Asia Pacific and the Middle East
  • Cannabis Cultivation Through Vertical Farming

Challenges

  • Maintenance of Temperature, Humidity, and Air Circulation in a Vertical Farm
  • Vertical Farming on a Large Scale

Market Segmentations

The Global Vertical Farming Market is segmented based on Structure, Growth Mechanism, Offering, and Geography.

  • By Structure, the market is classified into Building-based Structure and Container-based Structure.
  • By Growth Mechanism, the market is classified into Aeroponics, Aquaponics, and Hydroponics.
  • By Offering, the market is classified into Climate Control, Hydroponics Components, Lighting, and Sensors.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

  • 4D Bios INC
  • Aerofarms
  • Agricool
  • Altius Farms
  • Bowery Farming
  • Eliospectra Ab
  • Ertical Future Ltd
  • Everlight Electronics
  • Freight Farms
  • Grilution
  • Growpod Solutions
  • Infarm
  • Intelligent Growth Solutions
  • Merican Hydroponics
  • Osram
  • Plenty
  • Rban Crop Solutions
  • Reen Sense Farms
  • Right Farms
  • Sananbio
  • Sky Greens
  • Spread
  • Uture Crops
  • Valoya
  • Vertical Farm Systems
  • Wegreen

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900