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Download Free samplePrime agricultural land can be scarce and expensive. With worldwide population growth, the demand for both more food and more land to grow food is ever increasing. One solution to our need for more space is vertical farming, involves growing crops in controlled Vegetable Cultivation environments, with precise light, nutrients, and temperatures. In vertical farming, growing plants are stacked in layers that may reach several stories tall.
Vertical Farming and Plant Factory Market contains market size and forecasts of Vertical Farming and Plant Factory in global, including the following market information:
The global Vertical Farming and Plant Factory market was valued at 461.9 million in 2021 and is projected to reach US$ 2028.9 million by 2028, at a CAGR of 23.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hydroponics Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vertical Farming and Plant Factory include AeroFarms, Lufa Farms, Gotham Greens, Sky Greens, Plenty (Bright Farms), Mirai, Spread, Scatil and TruLeaf, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Vertical Farming and Plant Factory manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
